“Higher” education has become a racket. I bet that overall it would be much cheaper to implement a system of publicly financed colleges, with no corporate participation at all. Make loans moot.
My tuition at a major public university was under $400 per semester and I easily paid for it with summer jobs. My daughter’s tuition at a major public university was $15,000 per semester and would have been more if out of state. Needless to say, her summer jobs did not cover the cost.
Tax cuts for the wealthy that caused 1.8 trillion dollars increase in the National Debt is fine. But a mere pittance, in comparison, given to the lower income and poor people causes an outrage.
While I have NO issues with some of this debt being forgiven I am sick & tired of people claiming my tuition (in the 1970’s) was way lower. I ended up with $10,000 in loans which, adjusting for inflation, in TODAY’S dollars is equivalent to $60,000. Yes, it’s not $100,000 but it’s still a considerable sum.
Frankly, I believe tuition at ANY public school (esp land grant colleges which are already NOT supposed to charge tuition) should be “free.” We all sure as heck pay enough in taxes to make that happen.
That $10,000 is just a little bit of retro-active help that had been denied the students previously. When I was a college student lo these many years ago, there was much more federal help for students, and the cost of education was much smaller. I paid off my loans in full and am glad that these students are getting some relief. However, we need to invest much more tax money into making higher education affordable for everyone.
Sean Hannity is an American television host, author, and conservative political commentator. Sean Hannity has a net worth of $300 million. He is best known for hosting the talk radio show “The Sean Hannity Show”, as well as his program “Hannity” on the Fox News Channel.
Biden White House smacks down Marjorie Taylor Greene in a tweet
n an extremely unusual move for the Biden Administration, the White House responded to an attack on the President’s student loan forgiveness plan by U.S. Rep. Marjorie Taylor Greene by announcing that the far right wing Georgia GOP Congresswoman had over $180,000 in PPP loans forgiven.
Highlighting the hypocrisy of Greene and other Republicans claiming it’s unfair to have loans forgiven at taxpayer expense, the White House also posted to Twitter that U.S. Rep. Matt Gaetz (R-FL), U.S. Rep. Mike Kelly (R-PA), U.S. Rep. Vern Buchanan (R-FL), and other Republicans attacking the administration for its student loan forgiveness program, had massive PPP loans forgiven.
“Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven,” the Biden White House tweeted from its official verified Twitter account late Thursday afternoon.
Yesterday, I saw a number of posts to the effect of “Let me get this straight – either you made stupid choices in college and got a worthless degree and you want me to pay for it, or you made good choices on your degree, make more than me, and you want me to pay for it.”
From what I’ve heard about what Biden’s proposing, neither actually appear to be true. The plan does not just wipe out the entire debt. The amount of forgiveness is enough to be meaningful to people who aren’t making a boatload, but not so much that it’s going to cover med school. As has been said here already, the amount discussed is a little more than 1 semester.
Cerabooge over 1 year ago
“Higher” education has become a racket. I bet that overall it would be much cheaper to implement a system of publicly financed colleges, with no corporate participation at all. Make loans moot.
superposition over 1 year ago
I was able to pay my tuition with my summer and part-time wages [during the semesters] in the 20th century.
willie_mctell over 1 year ago
Modern indentured servitude.
Pgalden1 Premium Member over 1 year ago
The contents of schoolbooks across the country are determined by Texas. Seriously. Look it up.
sandi31221 over 1 year ago
What about forgiving all those PPP loans rich people got? That’s not unfair. It’s help the rich but screw middle class and the poor in this country.
tabby over 1 year ago
My tuition at a major public university was under $400 per semester and I easily paid for it with summer jobs. My daughter’s tuition at a major public university was $15,000 per semester and would have been more if out of state. Needless to say, her summer jobs did not cover the cost.
monya_43 over 1 year ago
Tax cuts for the wealthy that caused 1.8 trillion dollars increase in the National Debt is fine. But a mere pittance, in comparison, given to the lower income and poor people causes an outrage.
Radish the wordsmith over 1 year ago
Republicans howling about student debt relief didn’t hesitate to take PPP money
https://www.dailykos.com/stories/2022/8/25/2118691/-Republicans-howling-about-student-debt-relief-didn-t-hesitate-to-take-PPP-money?utm_campaign=recent
1BlackLivesMatter Premium Member over 1 year ago
“Forgiving debt”! Dementia Joe is not “forgiving debt”, the clown is transferring the debt to the rest of us.
DarleenMB Premium Member over 1 year ago
While I have NO issues with some of this debt being forgiven I am sick & tired of people claiming my tuition (in the 1970’s) was way lower. I ended up with $10,000 in loans which, adjusting for inflation, in TODAY’S dollars is equivalent to $60,000. Yes, it’s not $100,000 but it’s still a considerable sum.
Frankly, I believe tuition at ANY public school (esp land grant colleges which are already NOT supposed to charge tuition) should be “free.” We all sure as heck pay enough in taxes to make that happen.
cdward over 1 year ago
That $10,000 is just a little bit of retro-active help that had been denied the students previously. When I was a college student lo these many years ago, there was much more federal help for students, and the cost of education was much smaller. I paid off my loans in full and am glad that these students are getting some relief. However, we need to invest much more tax money into making higher education affordable for everyone.
canuckulator over 1 year ago
higher education doesn’t appear to educate so much today.
Jack7528 over 1 year ago
Who paid it off, him or the government?
Radish the wordsmith over 1 year ago
Sean Hannity Gripes That His Low-Wage Staffers Will Receive Student Loan Relief
https://www.msn.com/en-us/money/news/sean-hannity-gripes-that-his-low-wage-staffers-will-receive-student-loan-relief/ar-AA114SE5?ocid=msedgntp&cvid=0a1622bf2361134ae865a1a5b095e5ec
Radish the wordsmith over 1 year ago
According to 5 sources
Sean Hannity is an American television host, author, and conservative political commentator. Sean Hannity has a net worth of $300 million. He is best known for hosting the talk radio show “The Sean Hannity Show”, as well as his program “Hannity” on the Fox News Channel.
Radish the wordsmith over 1 year ago
Biden White House smacks down Marjorie Taylor Greene in a tweet
n an extremely unusual move for the Biden Administration, the White House responded to an attack on the President’s student loan forgiveness plan by U.S. Rep. Marjorie Taylor Greene by announcing that the far right wing Georgia GOP Congresswoman had over $180,000 in PPP loans forgiven.
Highlighting the hypocrisy of Greene and other Republicans claiming it’s unfair to have loans forgiven at taxpayer expense, the White House also posted to Twitter that U.S. Rep. Matt Gaetz (R-FL), U.S. Rep. Mike Kelly (R-PA), U.S. Rep. Vern Buchanan (R-FL), and other Republicans attacking the administration for its student loan forgiveness program, had massive PPP loans forgiven.
“Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven,” the Biden White House tweeted from its official verified Twitter account late Thursday afternoon.
https://www.rawstory.com/marjorie-taylor-greene-student-loans-2657943857/
calliarcale over 1 year ago
applause Very, very well illustrated.
FrankErnesto over 1 year ago
First of all no more money to “for profit” universities. They first cheat the students, and now cheating the taxpayers.
meetinthemiddle over 1 year ago
Yesterday, I saw a number of posts to the effect of “Let me get this straight – either you made stupid choices in college and got a worthless degree and you want me to pay for it, or you made good choices on your degree, make more than me, and you want me to pay for it.”
From what I’ve heard about what Biden’s proposing, neither actually appear to be true. The plan does not just wipe out the entire debt. The amount of forgiveness is enough to be meaningful to people who aren’t making a boatload, but not so much that it’s going to cover med school. As has been said here already, the amount discussed is a little more than 1 semester.
Jack7528 over 1 year ago
Sorry all the States are a better representation of the people than the Federal Government.