It should be the responsibility of the state to educate the populace, and that responsibility should extend to all levels. It is an investment in the future of the nation.
Anyone dumb enough to borrow money for an “online degree” should be stuck with it, not the taxpayers. Those loans that resulted in actual college degrees should be given priority.
What about the states responsibility to NOT create a system where our young people are taken advantage of and basically indentured to the government for decades?
I listened on radio where they were saying many times the loans were sold to another institution and the rates were changed. Many folks now owe much much than they ever borrowed.
The average cost of college (tuition room and board) in 1976 was $2,577 and $3,499 four years later when Campbell graduated Columbus College of Art & Design. Adjusted for inflation this is an average of $13,805 and (per www.usinflationcalculator.com). In 2022, the in-state public college average for TR&B was $27,330 per year. Four years of college today averages roughly $109,320—four years in Campbell’s day only $45,872. That’s 2.4 times the cost Campbell would have spent. Putting it all in perspective the $10,000 forgiveness makes it now only 2.2 times the cost—not much of a subsidy of the cost of college by the government. The way Campbell and rest of his over-60 Boomer right editorial cartoonists are crying foul you’d think Biden is giving away the farm. It’s not even close so get a clue Campbell.
(and a special P.S to opspecial—I did the math again just for Campbell’s case and FYI I’m Pro-Critical thinking—you can cut and paste that on your one precious neuron you call a brain and try to process the math)
Some years back a cousin of mine commented that after the legislature approved of the Education Lottery, the universities would raise the tuition forcing more students to take out loans to finance their education. He was right.
And who were the responsible parties for corporate bailouts? Corporations were bailed out and how many CEOs took huge compensation packages while it was going on? Of the companies bailed out, how’s their paying the bail back coming along? Why don’t we hear any reports or news about that? Student loan forgiveness is a drop in the bucket compared to corporate welfare. Why is throwing a small bone in the direction of a few students such a big deal when billions get tossed towards companies and no one blinks twice about it?
It is amazing that Americans want to hold down Americans. College is unaffordable, and corporations hold wages down. Make America great again? How about treating them fairly first.
Elizabeth Warren points out Mitch McConnell graduated from a school that cost $330 a year amid his criticisms of Biden’s student-loan forgiveness: ‘He can spare us the lectures on fairness’
Did you talk about responsibility when Trump slashed the income of this country through his tax cuts while increasing the spending? Unlike that giveaway this one is an investment in people. And save me your indignity that taxes are theft. Taxes are the dues we all pay to live in this great country.
Concretionist over 1 year ago
Who IS responsible for making it impossible to get student loans at the same (or lower) rate as mortgages?
GOGOPOWERANGERS over 1 year ago
Ok but why Ben Stein?
And why bueller, this meme need to die seriously
cdward over 1 year ago
It should be the responsibility of the state to educate the populace, and that responsibility should extend to all levels. It is an investment in the future of the nation.
FrankErnesto over 1 year ago
Anyone dumb enough to borrow money for an “online degree” should be stuck with it, not the taxpayers. Those loans that resulted in actual college degrees should be given priority.
Stephen Runnels Premium Member over 1 year ago
Spare me MAGA outrage on $10K loan forgiveness for low income people.
Durak Premium Member over 1 year ago
What about the states responsibility to NOT create a system where our young people are taken advantage of and basically indentured to the government for decades?
Sun over 1 year ago
Irresponsibility, irresponsibility. Democrats*, Democrats*.
shannon1352 over 1 year ago
I listened on radio where they were saying many times the loans were sold to another institution and the rates were changed. Many folks now owe much much than they ever borrowed.
1BlackLivesMatter Premium Member over 1 year ago
Congratulations to all who have no college debt! Now, thanks to Biden, YOU DO!!!!
wildthing over 1 year ago
Has anyone been held responsible for making predatory student loans the ONLY debt you can’t escape through bankruptcy? I didn’t forget Joe.
wagnerfax over 1 year ago
The average cost of college (tuition room and board) in 1976 was $2,577 and $3,499 four years later when Campbell graduated Columbus College of Art & Design. Adjusted for inflation this is an average of $13,805 and (per www.usinflationcalculator.com). In 2022, the in-state public college average for TR&B was $27,330 per year. Four years of college today averages roughly $109,320—four years in Campbell’s day only $45,872. That’s 2.4 times the cost Campbell would have spent. Putting it all in perspective the $10,000 forgiveness makes it now only 2.2 times the cost—not much of a subsidy of the cost of college by the government. The way Campbell and rest of his over-60 Boomer right editorial cartoonists are crying foul you’d think Biden is giving away the farm. It’s not even close so get a clue Campbell.
(and a special P.S to opspecial—I did the math again just for Campbell’s case and FYI I’m Pro-Critical thinking—you can cut and paste that on your one precious neuron you call a brain and try to process the math)
Radish the wordsmith over 1 year ago
National Security Risk Trump the traitor has shown zero responsibility his entire life.
rossevrymn over 1 year ago
The nuance with Campbell is akin with walking into a port a potty.
preacherman over 1 year ago
Some years back a cousin of mine commented that after the legislature approved of the Education Lottery, the universities would raise the tuition forcing more students to take out loans to finance their education. He was right.
tee929 over 1 year ago
Bueller? Bueller?
Anon4242 over 1 year ago
And who were the responsible parties for corporate bailouts? Corporations were bailed out and how many CEOs took huge compensation packages while it was going on? Of the companies bailed out, how’s their paying the bail back coming along? Why don’t we hear any reports or news about that? Student loan forgiveness is a drop in the bucket compared to corporate welfare. Why is throwing a small bone in the direction of a few students such a big deal when billions get tossed towards companies and no one blinks twice about it?
Patjade over 1 year ago
Y’mean like bank bailouts and having the pandemic loans forgiven for rich people and corporations?
zerorest over 1 year ago
Generosity? Forgiveness? Sharing?
Union Man over 1 year ago
It is amazing that Americans want to hold down Americans. College is unaffordable, and corporations hold wages down. Make America great again? How about treating them fairly first.
sandi31221 over 1 year ago
Rich people PPP forgiven loans. Responsibility anyone?
Rich Douglas over 1 year ago
Wrong. People receive all kinds of government assistance, especially wealthy ones.
Radish the wordsmith over 1 year ago
Elizabeth Warren points out Mitch McConnell graduated from a school that cost $330 a year amid his criticisms of Biden’s student-loan forgiveness: ‘He can spare us the lectures on fairness’
https://www.businessinsider.com/elizabeth-warren-slams-mitch-mcconnell-student-loan-forgiveness-college-tuition-2022-8
GiantShetlandPony over 1 year ago
Overpriced for profit universities might be the bigger problem.
Plumb.Bob Premium Member over 1 year ago
Did you talk about responsibility when Trump slashed the income of this country through his tax cuts while increasing the spending? Unlike that giveaway this one is an investment in people. And save me your indignity that taxes are theft. Taxes are the dues we all pay to live in this great country.
ASaneMan over 1 year ago
Or ask why the average college president makes $500K per year.