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(The Hill)   At this point she should probably swap parties   (thehill.com) divider line
    More: Fail, Education, Debt, student loan debt, bipartisan bill, Money, John McCain, Mitt Romney, savings program  
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5051 clicks; posted to Politics » on 15 Apr 2021 at 11:12 PM (3 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-04-15 7:50:57 PM  
Fine with us.

That'll give us all the committee chairs.
 
2021-04-15 7:59:45 PM  
Yeah we know.

We know.

I feel bad for AZ.  And the rest of the blue states.
 
2021-04-15 8:04:57 PM  
Just one more tax free savings account that is worthless to anyone who actually needs it.
 
2021-04-15 8:08:51 PM  

GardenWeasel: Just one more tax free savings account that is worthless to anyone who actually needs it.


Hey, if you want to go to college, just buy some more money to pay for it.
 
2021-04-15 8:19:16 PM  

phalamir: GardenWeasel: Just one more tax free savings account that is worthless to anyone who actually needs it.

Hey, if you want to go to college, just buy some more money to pay for it.


$8 for every one $1. So a $60K state school would run the kids family $6,667.

That is a heck of a deal.
 
2021-04-15 8:31:45 PM  
Sinema is everything I feared Biden would be.

Does anybody know where Sinema came from...? I have a theory that Bernie exorcised the shiatlib out of Biden and it took form as Sinema.
 
2021-04-15 8:48:15 PM  
Borrow 100K.

Insert 100K into savings.

Remove 800k
 
2021-04-15 8:49:08 PM  
But seriously, a match savings for people living lower than paycheck to paycheck is asinine.
 
2021-04-15 8:58:06 PM  
Tax free savings accounts are not JUST unlikely to work...they would not have solved the problem even if they were to somehow work as you have to have money first.
 
2021-04-15 9:27:41 PM  
The proposed bill comes at a time when Democrats are pushing to eliminate all student loan debt

No, they most certainly are not. You're talking about probably 5 people.
 
2021-04-15 9:35:31 PM  

AsparagusFTW: $8 for every one $1. So a $60K state school would run the kids family $6,667.

That is a heck of a deal.


This is racketeering.
 
2021-04-15 9:54:00 PM  
I think I've found the flaw

"participating states or nonprofits "
 
2021-04-15 9:57:51 PM  

the unabomber was right: AsparagusFTW: $8 for every one $1. So a $60K state school would run the kids family $6,667.

That is a heck of a deal.

This is racketeering.


My theory that Fark is never happy still stands.
 
2021-04-15 11:00:22 PM  
Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?
 
2021-04-15 11:04:22 PM  

spongeboob: Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?


You were fake and opportunistic?
 
2021-04-15 11:06:16 PM  

AsparagusFTW: phalamir: GardenWeasel: Just one more tax free savings account that is worthless to anyone who actually needs it.

Hey, if you want to go to college, just buy some more money to pay for it.

$8 for every one $1. So a $60K state school would run the kids family $6,667.

That is a heck of a deal.


Yeah for people with money
Years ahead of their kid going to college

Oh but if someone wants to go to school bad enough they should take 4 or 5 years working to save the money to be able to afford to go to school meanwhile rich kids get a four-five year  head start on them.
 
2021-04-15 11:06:45 PM  

spongeboob: Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?


What has the Green Party given us since 2000?

Bush (Nader)
Trump (Stein)
A legislative albatross (Sinema)
 
2021-04-15 11:15:25 PM  
We can cancel Tax Debt for companies who bring back their ill gotten gains to the US, who did nothing to pay employees, but did stock buy backs.

But we cannot cancel student debt....
 
2021-04-15 11:16:23 PM  
Hey great way for rich people to pay for kids college. Completely useless for people who live paycheck to paycheck.
 
2021-04-15 11:18:20 PM  
Giving poor people tax free savings accounts is like giving starving people cookbooks.
 
2021-04-15 11:19:30 PM  
The savings account allows participating states or nonprofits to give an extra $8 to every $1 a student puts into the account

Holy shiat, he's really proposing that students just buy more money
 
2021-04-15 11:20:15 PM  
Sinema is like some kind of lab grown corporate democrat.....
 
2021-04-15 11:20:37 PM  
The butter done slid off that girl's noodles.  I don't get what's goin on in her noggin'.
 
2021-04-15 11:21:36 PM  

GardenWeasel: spongeboob: Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?

What has the Green Party given us since 2000?

Bush (Nader)
Trump (Stein)
A legislative albatross (Sinema)


This is why I keep saying the Green Party is just a bunch of grifters. They spew "progressive"-esque bullshiat, but do none of the actual work required to build a major political party. All they do is rake in the donations and fark over the Democrats.
 
2021-04-15 11:22:04 PM  
it really is a "buy more money" plan.. wow.
 
2021-04-15 11:23:50 PM  
At the same time, just canceling student loan debt isn't a solution. We'll just start the whole damn thing over again unless we get a different system in place that doesn't create the debt.

I don't have anything against this plan in theory, but what I think will probably happen is that, if passed, conservatives will point at it claiming there's already a solution in place and therefore nothing else ever needs to happen ever again to address student loan debt.
 
2021-04-15 11:24:46 PM  

LordJiro: GardenWeasel: spongeboob: Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?

What has the Green Party given us since 2000?

Bush (Nader)
Trump (Stein)
A legislative albatross (Sinema)

This is why I keep saying the Green Party is just a bunch of grifters. They spew "progressive"-esque bullshiat, but do none of the actual work required to build a major political party. All they do is rake in the donations and fark over the Democrats.


And meet with Putin, of course.
 
2021-04-15 11:27:28 PM  
She got hers and then realized the benefits of the 'fark you got mine' party
 
2021-04-15 11:28:15 PM  
Um, why can't these guys just simplify it down to 8 to 1 matching?

What's with all the account BS?  New program - for every $1 you spend on tuition we kick in $8.

And make it farking retroactive for at least 20 years, including the damn debt payments people have made.

/Never had school debt
//Corporations paid for it.
///I'm a farking exception - your experience will have been different.
 
2021-04-15 11:28:32 PM  
This is actually a good plan because it will encourage people into value engineering their education. Instead of spending $80k on debt financed education for a worthless Communications degree, they can now look at schools and accrue no debt for the education they best can afford.

Community colleges exist for a reason.

Public universities and private colleges should be looked at like BMWs and Audis. Nobody *needs* to spend $80k when a used Honda does the job just fine,

Community college is your entry level college experience. Upgrades and luxuries are always available, like heated seats and power windows, but those are on you to fund, not the government.
 
2021-04-15 11:28:42 PM  

gonegirl: At the same time, just canceling student loan debt isn't a solution. We'll just start the whole damn thing over again unless we get a different system in place that doesn't create the debt.

I don't have anything against this plan in theory, but what I think will probably happen is that, if passed, conservatives will point at it claiming there's already a solution in place and therefore nothing else ever needs to happen ever again to address student loan debt.


This is true, but it's incredibly hard to do anything about it.
 
2021-04-15 11:30:01 PM  
i.kym-cdn.comView Full Size
 
2021-04-15 11:33:19 PM  

spongeboob: Can someone explain to me how you can go from the Green Party to being one of the bluest Blue Dogs?


Well, I have felt for quite awhile that the Green Party was being kept afloat by republican donations, so it's not that big a step
 
2021-04-15 11:35:11 PM  

Wanderlusting: This is actually a good plan because it will encourage people into value engineering their education. Instead of spending $80k on debt financed education for a worthless Communications degree, they can now look at schools and accrue no debt for the education they best can afford.

Community colleges exist for a reason.

Public universities and private colleges should be looked at like BMWs and Audis. Nobody *needs* to spend $80k when a used Honda does the job just fine,

Community college is your entry level college experience. Upgrades and luxuries are always available, like heated seats and power windows, but those are on you to fund, not the government.


I don't know anyone who got out of my local community college in two years. And not for lack of trying, it was just really hard to get all the required classes. The local four year university for me was like an HOV lane: I got my BS in four year and was surrounded by motivated students.
 
2021-04-15 11:35:56 PM  
And then in 10 years, Repiblicans will somehow raid those accounts yo pay for tax cuts for the rich. Again.
 
2021-04-15 11:36:16 PM  
kristen smirnoff?

yup. she's a republican. a republican with girlfriends! and WIGS! she appeals to a specific pron fantasy, i guess.....
 
2021-04-15 11:37:30 PM  
When we decide to do something about student loan debt, we should start by taking, say, up to half their school's endowment and applying it to all of their students' unpaid loans. THEN we can maybe talk about forgiving whatever's left over. Maybe having some skin in the game will make colleges think about reducing their costs instead of just loading up their graduates with whatever crushing burden the market will bear.
 
2021-04-15 11:37:39 PM  

gonegirl: At the same time, just canceling student loan debt isn't a solution. We'll just start the whole damn thing over again unless we get a different system in place that doesn't create the debt.


Canceling student loan debt isa solution. It solves the problem of debt currently existing, by making it not exist.

What you're saying is that canceling student loan debt doesn't solve the problem of college costing money.  That's correct, but it's also not the problem it's designed to solve. 

You might as well complain that chemotherapy isn't a solution because it doesn't prevent other people from getting cancer in the future.  Sure, it doesn't do that, but that's not what it's meant for--it's meant for doing something about the cancer someone has now, and that's a very worthwhile endeavor.  And yes, figuring out how to prevent cancer from occurring in the first place is also a worthwhile endeavor, but that doesn't help the people who have cancer currently.  They are two problems with two solutions.

So we need to cancel student debt and make college free.  These solve the problems of debt currently existing and debt existing in the future.
 
2021-04-15 11:39:36 PM  
Student: Well, I have nothing to save for school.

Sinema & Romney: Great, we'll match that.

At the very least let low income students go for free.  However, the thing that annoys me about this as the sole plan is that not all young people who want to go to school have the financial support of their parents yet their parental income affects their financial qualification.  So I would much rather have all public school be free, starting with phasing it in at the community college level and moving up.
 
2021-04-15 11:44:29 PM  

vrax: Student: Well, I have nothing to save for school.

Sinema & Romney: Great, we'll match that.

At the very least let low income students go for free.  However, the thing that annoys me about this as the sole plan is that not all young people who want to go to school have the financial support of their parents yet their parental income affects their financial qualification.  So I would much rather have all public school be free, starting with phasing it in at the community college level and moving up.


I would be more in favor of free college and canceling student debt if the top sorry schools in the country weren't public colleges.

It's hard to square that circle as - last time I checked - Playboy magazine wasn't taking the top party high schools in the country but they sure as shiat do it for colleges - public and private alike.

The USA - by and large - see college education has a four year party free for all. In almost every European country, students are expected to work in order to pay for their apartments, food, transportation, and books. Classes might be free or low cost, but significant amounts of the student loan debt crisis is because people have put their ENTIRE education on their loans - from apartments to food to keggers to football tickets and more.

Maybe we need to stop thinking of college as a four year sabbatical from work and actually require people to work full time while going to school like nearly every other country on Earth does?
 
2021-04-15 11:45:24 PM  
This thread nicely summarizes the Politics tab.
 
2021-04-15 11:45:51 PM  

GardenWeasel: Bush (Nader)


If Gore had gotten his home state Tennessee, then Florida and Nader would've both been irrelevant in the results.
 
2021-04-15 11:46:57 PM  
Well if they don't want to forgive student loans outright then how about this.
Retroactively reduce the interest rate to 0 and apply all payments to principal. Refund any overages.
 
2021-04-15 11:48:02 PM  

MadHatter500: Um, why can't these guys just simplify it down to 8 to 1 matching?

What's with all the account BS?  New program - for every $1 you spend on tuition we kick in $8.

And make it farking retroactive for at least 20 years, including the damn debt payments people have made.

/Never had school debt
//Corporations paid for it.
///I'm a farking exception - your experience will have been different.


Fark user imageView Full Size
 
2021-04-15 11:48:25 PM  

Mcavity: Well if they don't want to forgive student loans outright then how about this.
Retroactively reduce the interest rate to 0 and apply all payments to principal. Refund any overages.


This makes perfect sense to me. 👍

Seriously. That's a great idea that should find a decent amount of support from both sides of the aisle.
 
2021-04-15 11:48:25 PM  

austerity101: gonegirl: At the same time, just canceling student loan debt isn't a solution. We'll just start the whole damn thing over again unless we get a different system in place that doesn't create the debt.

Canceling student loan debt isa solution. It solves the problem of debt currently existing, by making it not exist.

What you're saying is that canceling student loan debt doesn't solve the problem of college costing money.  That's correct, but it's also not the problem it's designed to solve. 

You might as well complain that chemotherapy isn't a solution because it doesn't prevent other people from getting cancer in the future.  Sure, it doesn't do that, but that's not what it's meant for--it's meant for doing something about the cancer someone has now, and that's a very worthwhile endeavor.  And yes, figuring out how to prevent cancer from occurring in the first place is also a worthwhile endeavor, but that doesn't help the people who have cancer currently.  They are two problems with two solutions.

So we need to cancel student debt and make college free.  These solve the problems of debt currently existing and debt existing in the future.


. . . we basically agree with each other. I think we should cancel student debt and create a fully accessible public option for higher education. I don't disagree with this choice because it doesn't hurt anything, unless it's used as an excuse to not do anything else.

Which it probably would be.
 
2021-04-15 11:48:46 PM  

Decorus: Hey great way for rich people to pay for kids college. Completely useless for people who live paycheck to paycheck.


Rich white old white people who never lived a day in public housing or had a minimum salary job or lived dirt poor when they were a teenager dont understand shiat.

Want to help people, Pelosi and Schumer should hire Robert Reich and make him guy number 1 to run the team that write the bills to help people.
 
2021-04-15 11:55:54 PM  
Fark that.  Have it be $8 for every $0 contributed.
 
2021-04-16 12:00:17 AM  

Bith Set Me Up: GardenWeasel: Bush (Nader)

If Gore had gotten his home state Tennessee, then Florida and Nader would've both been irrelevant in the results.


Fark user imageView Full Size

🤔
 
2021-04-16 12:03:43 AM  

MattytheMouse: Sinema is everything I feared Biden would be.

Does anybody know where Sinema came from...? I have a theory that Bernie exorcised the shiatlib out of Biden and it took form as Sinema.


Sinema is much worse than I'd ever feared Biden would be.

Nonetheless, I like your theory.
 
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