I have mixed feelings about this. I went to a tuition-free college, and I worked hard and saved for decades to ensure my kids wouldn’t to work during school so they could focus on studies. Now, people who decided, “I’ll just borrow it and worry tomorrow” are getting a break. How about me/mine?
This is a band-aid anyway. The entire tuition system is broken. Harvard charges $54,000 a year in tuition and they have an endowment fund of about $53 billion. How is that right?
This is a list of the countries that adopted universal health care, the date they adopted it, and the date they gave it up because of all the problems:
There is no way of knowing what we have lost with our policy of not giving every person their best opportunity to achieve whatever they can. It is detrimental to the entire human race, not just to the individual. And, it isn’t just that the mind that could have discovered the cure for cancer could have been born in poverty and never learned to read.
The average college graduate pays about $7800 more a year in federal taxes than the average high school graduate. Over 30 years, that totals about $234,000. If that’s divided by the 4 years it takes to get a college education, the government breaks even if it paid every student $58,500 a year to attend school. The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made up of individuals, so what’s good for one is good for the country.I do, however, think the problem of paying back tuition should be solved by never charging it in the first place. Public colleges should be free, just as public high schools are. Books can be rented instead of bought. Those who choose to go to private schools can pay the tuition required, just as those who choose to go to private schools do.
The student loan debt crisis is not just a problem for the young. Of the $1.6 trillion in total student debt at the end of 2020, borrowers 50 and older owed about 22 percent of that amount, or $336.1 billion — more than a five-fold increase from 2004.
People their age, if they lived in California and perhaps a few other states, if they went to a state university didn’t have to pay a dime for their degree.
Everyone, always wants to believe they’ve done more and worked harder than anyone and everyone. Conveniently, leaving out the help they had along the way.
Unless I’ve missed it, nobody has commented on the outrageous ‘endowment’ funds held by the major universities – think Harvard’s 53 Billion. These funds should be taxes unless minimum disbursement amounts are met.
knutdl almost 2 years ago
lifelong learning.
FreyjaRN Premium Member almost 2 years ago
Funny! {giggle}
Kurtass Premium Member almost 2 years ago
I need help paying off my Snap-On tool box. The mechanics out there, will get the joke.
William Bednar Premium Member almost 2 years ago
Next, they’ll need their Mortgage forgiven. And, how about those pesky Property Taxes?
Meg: All Seriousness Aside almost 2 years ago
I have mixed feelings about this. I went to a tuition-free college, and I worked hard and saved for decades to ensure my kids wouldn’t to work during school so they could focus on studies. Now, people who decided, “I’ll just borrow it and worry tomorrow” are getting a break. How about me/mine?
This is a band-aid anyway. The entire tuition system is broken. Harvard charges $54,000 a year in tuition and they have an endowment fund of about $53 billion. How is that right?
mourdac Premium Member almost 2 years ago
Thank you for the laugh, John.
goboboyd almost 2 years ago
“That’s great Honey. Lets celebrate with a whole new can of plain Tuna to go with our ersatz coffee. This pot is only on its third day.”
Diane Lee Premium Member almost 2 years ago
This is a list of the countries that adopted universal health care, the date they adopted it, and the date they gave it up because of all the problems:
Australia1975Still GoingAustria1967Still GoingBahrain1957Still GoingBelgium1945Still GoingBrunei1958Still GoingCanada1966Still GoingCyprus1980Still GoingDenmark1973Still GoingFinland1972Still GoingFrance1974Still GoingGermany1941Still GoingGreece1983Still GoingHong Kong1993Still GoingIceland1990Still GoingIreland1977Still GoingIsael1995Still GoingItaly1978Still GoingJapan1938Still GoingKuwait1950Still GoingLuxembourg1971Still GoingNetherlands1966Still GoingNew Zealand1938Still GoingNorway1912Still GoingPortugal1979Still GoingSingapore1993Still GoingSlovenia1972Still GoingSouth Korea1988Still GoingSpain1986Still GoingSweden1994Still GoingUnited Arab Emirates1971Still GoingUntied Kingdom1948Still Going
Diane Lee Premium Member almost 2 years ago
The average college graduate pays about $7800 more a year in federal taxes than the average high school graduate. Over 30 years, that totals about $234,000. If that’s divided by the 4 years it takes to get a college education, the government breaks even if it paid every student $58,500 a year to attend school. The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made up of individuals, so what’s good for one is good for the country.I do, however, think the problem of paying back tuition should be solved by never charging it in the first place. Public colleges should be free, just as public high schools are. Books can be rented instead of bought. Those who choose to go to private schools can pay the tuition required, just as those who choose to go to private schools do.
Patjade almost 2 years ago
But why? Don’t billionaires and corporations deserve the money more than you slackers? /s
old1953 almost 2 years ago
Is this supposed to be funny?
https://www.aarp.org/money/credit-loans-debt/info-2021/student-debt-crisis-for-older-americans.html
The student loan debt crisis is not just a problem for the young. Of the $1.6 trillion in total student debt at the end of 2020, borrowers 50 and older owed about 22 percent of that amount, or $336.1 billion — more than a five-fold increase from 2004.
schaefer jim almost 2 years ago
Not far from the truth!
WickWire64 almost 2 years ago
Where is all the Right Wing outrage over people and businesses not repaying their PPP money?
GiantShetlandPony almost 2 years ago
People their age, if they lived in California and perhaps a few other states, if they went to a state university didn’t have to pay a dime for their degree.
Everyone, always wants to believe they’ve done more and worked harder than anyone and everyone. Conveniently, leaving out the help they had along the way.
tauyen almost 2 years ago
Unless I’ve missed it, nobody has commented on the outrageous ‘endowment’ funds held by the major universities – think Harvard’s 53 Billion. These funds should be taxes unless minimum disbursement amounts are met.
Radish the wordsmith almost 2 years ago
They can go bankrupt over their medical bills instead.