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(The New York Times)   In a move that nobody expected, the NYT calls to forgive $1.2 trillion in student loans   ( nytimes.com) divider line
    More: Scary  
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8329 clicks; posted to Main » on 29 Apr 2014 at 9:03 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2014-04-29 09:02:16 AM  
4 votes:
gretachristina.typepad.comView Full Size

No one expects the Vanished Obligation!
2014-04-29 08:53:07 AM  
3 votes:
Hahahaha!  Yeah.. let's forgive the student loans for all those dumb-f*cks who spent $40k / year going to Columbia's School of Journalism so they could take a $30k/year job writing stories about how taxpayers should pay for their bad decision making.
2014-04-29 12:49:21 PM  
1 vote:

Thunderpipes: Art, philosophy, history can all be studied in a person's spare time, at no cost. By their very nature, those topics should be studied alone.

Well, I can see my days of not taking you opinion on higher education seriously have come to a middle.
2014-04-29 11:41:46 AM  
1 vote:

drewsclues: all loans 0% interest and repayment of which is in no way tied to credit score. repayment is automatic if you work, it's just garnished from your check, in reasonable amounts for up to 20 years. After that, it's wiped off the books. You can choose to pay it back in full at any time with no penalties.

And any amount written off is paid tax-free from the government to a rich white man.  It's the only way we'll get something like that passed.
2014-04-29 11:08:20 AM  
1 vote:
Education is an investment.  It irks me that I have to pay 8% to finance a graduate degree, all so I can get a better job which will put me in a higher tax bracket.  So I pay interest to the government in order to pay more in taxes to the government.

But how about this, next time the bakers screw up and we need to hand them a trillion bucks, let's horse trade for student loan forgiveness.  They're gonna get the money anyways, let's get at least something for the common man out of it.
2014-04-29 10:27:50 AM  
1 vote:
nicholasjacob.files.wordpress.comView Full Size

24.media.tumblr.comView Full Size
2014-04-29 10:13:26 AM  
1 vote:

mr lawson: Imperialism: So what do the 20-somethings who actually paid off their student loans ($40k here) get?

smugness and a hot cocoa box sampler

You drive a hard bargain, sir, but I'll take it.
2014-04-29 09:46:12 AM  
1 vote:

ZAZ: We'll forgive your student loans if you join the Army and serve for at least 4 years including tours in Crimea, the Caucasus, Pakistan, and North Korea.

Because my "smite all those bastards who deserve it" policy has been suffering from a lack of manpower.

I say forgive student loans for those who obtain degrees in and work in field in the US in needed skills areas Medical STEM etc.

FREE Medical education for those who upon obtaining their degree in a needed military medical field serve 5 years in the military

All those with degrees in law, puppetry,  womyn and ethnic studies, holistic interpretive dance,, poly sci, pysch, speech, interpersonal communication, drama, theater etc pay up.

Or serve 4 years community service in Detroit, Appalachians, Compton etc.

No free lunches
2014-04-29 09:25:21 AM  
1 vote:

Thunderpipes: I am a liberal now. I actually firmly believe that a college education should be cheap, and heavily subsidized by the government.

However, I also think that the standards to get into college, and what you go for need to be drastically changed. Political indoctrination needs to be gotten rid of. Stupid majors need to be ditched. College should be for real students, who have real ambition, to train for real jobs.

I'd subscribe to your newsletter.
2014-04-29 09:24:58 AM  
1 vote:

hinten: Some of these "students" are actually surprised that when a major piece of collateral (your mother) seizes to exist that the loan might come due immediately?

I suspect these "students" are not learning.

I think you meant "ceases." When mocking "students," I recommend at least picking the correct homonym.
2014-04-29 09:18:04 AM  
1 vote:
Can we get Debtor's Prisons up and running again? Maybe indentured servitude?

I can imagine a building full of people forced to work for a bank, or maybe they could sell their marker and make'em work as customer service phone reps or something. You know, something useful.
2014-04-29 09:14:07 AM  
1 vote:
3.bp.blogspot.comView Full Size
ZAZ [TotalFark]
2014-04-29 08:27:24 AM  
1 vote:
We'll forgive your student loans if you join the Army and serve for at least 4 years including tours in Crimea, the Caucasus, Pakistan, and North Korea.

Because my "smite all those bastards who deserve it" policy has been suffering from a lack of manpower.
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