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Govt has been lying about student loans...
Comments
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No. Just the daily compound interest that adds up and is piled onto the principal, which, as doogie accurately said, you can then "watch your obligation compound exponentially" as your principal swells with that new lump of compound interest which converts to principal.2001400ex said:
Actually no, the "payment" does not get tacked onto the balance. But nice dodge on my point.doogie said:Deferrment, ah yes. That's where you tack the payments onto the balance and watch your obligation compound exponentially
Nice cunty-bitch non-sequitur dodge, as usual. -
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
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Both parties play the game of blaming people who's jobs have been off-shored for not being educated enough, while ignoring their own support for initiatives and trade deals that accelerated those very job losses. R's and D's are all fucking cunts for playing that shit.greenblood said:
Isn't that the American model, until Universities, the elites started demonizing trade schools? Not to mention all those skills being moved overseas?UWhuskytskeet said:
Could work unless universities have to raise their tuition to make for the 50% loss of revenue.salemcoog said:
Yes it can. Make everyone go to CC the first 2 years for their AA and then they can move on to University.UWhuskytskeet said:
College can be affordable and college loans can exist.RaceBannon said:
Spit it out. What are you trying to say?UWhuskytskeet said:
Are those things mutually exclusive?RaceBannon said:
What?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
I'm talking about making college affordable. What are you talking about?
I think there are way too many under-qualified students at universities. I'd love to see Community Colleges fully funded and offer training in trade professions. More people would end up with a degree/certification in something they can use.
I really like the German model. In 9th grade you split off into two different schools. Either you will on to college prep until 13th grade (essentially earning your AA), or you go to a job training high school until 12th grade and learn whatever trade you decide on. Graduates either go to University or start an apprenticeship. -
Yes the interest compounds. But you are still ignoring the point.TurdBuffer said:
No. Just the daily compound interest that adds up and is piled onto the principal, which, as doogie accurately said, you can then "watch your obligation compound exponentially" as your principal swells with that new lump of compound interest which converts to principal.2001400ex said:
Actually no, the "payment" does not get tacked onto the balance. But nice dodge on my point.doogie said:Deferrment, ah yes. That's where you tack the payments onto the balance and watch your obligation compound exponentially
Nice cunty-bitch non-sequitur dodge, as usual. -
I don't think shitty degrees is a requirement in taking out student loans. Loans are a requirement for many students though.TurdBuffer said:
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
People moving from poor to middle class is a good thing for the tax base, a good thing for businesses that rely on disposable income of others, and a good thing for a decreasing crime rate. Adding more barriers for entry isn't going to help any of that. -
richer students are more likely to choose those shitty degrees than students taking out loans.TurdBuffer said:
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
The point is valid tho. students and politicians have been convinced that higher education is a necessity nowadays, and trade schools are a thing of the past. why? banks, the gov't, and schools make more money off of higher enrollments and these shitty loans that they hand out.
With that said, judging by the politicians this country is electing, a more educated society as a whole is a necessity. -
From watching the people I know. Motivation is higher on the list of traits for people that make money than education. I know many very educated people (MBA or doctorate) that are dumb or lazy and make Jack shit for money. And I know many uneducated people that are not too bright that make 6 figures.dhdawg said:
richer students are more likely to choose those shitty degrees than students taking out loans.TurdBuffer said:
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
The point is valid tho. students and politicians have been convinced that higher education is a necessity nowadays, and trade schools are a thing of the past. why? banks, the gov't, and schools make more money off of higher enrollments and these shitty loans that they hand out.
With that said, judging by the politicians this country is electing, a more educated society as a whole is a necessity.
That being said, investing is education is one of the best investments a government can make. -
2001400ex said:
Actually no, the "payment" does not get tacked onto the balance. But nice dodge on my point.doogie said:Deferrment, ah yes. That's where you tack the payments onto the balance and watch your obligation compound exponentially
Compounding interest. Balance grows. Pretend the loan is "current" -
Yeah, $250,000 for an art history degree is a GREAT investment for us to be making.2001400ex said:
From watching the people I know. Motivation is higher on the list of traits for people that make money than education. I know many very educated people (MBA or doctorate) that are dumb or lazy and make Jack shit for money. And I know many uneducated people that are not too bright that make 6 figures.dhdawg said:
richer students are more likely to choose those shitty degrees than students taking out loans.TurdBuffer said:
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
The point is valid tho. students and politicians have been convinced that higher education is a necessity nowadays, and trade schools are a thing of the past. why? banks, the gov't, and schools make more money off of higher enrollments and these shitty loans that they hand out.
With that said, judging by the politicians this country is electing, a more educated society as a whole is a necessity.
That being said, investing is education is one of the best investments a government can make. -
So the Government should tell students what degree to get now? @Sledog would call that communism.doogie said:
Yeah, $250,000 for an art history degree is a GREAT investment for us to be making.2001400ex said:
From watching the people I know. Motivation is higher on the list of traits for people that make money than education. I know many very educated people (MBA or doctorate) that are dumb or lazy and make Jack shit for money. And I know many uneducated people that are not too bright that make 6 figures.dhdawg said:
richer students are more likely to choose those shitty degrees than students taking out loans.TurdBuffer said:
Honestly, what does a degree in __________ studies have to do with economic mobility?UWhuskytskeet said:
Because economic mobility is a bad thing.RaceBannon said:Market forces. Cut off loans and make colleges price tuition accordingly
The point is valid tho. students and politicians have been convinced that higher education is a necessity nowadays, and trade schools are a thing of the past. why? banks, the gov't, and schools make more money off of higher enrollments and these shitty loans that they hand out.
With that said, judging by the politicians this country is electing, a more educated society as a whole is a necessity.
That being said, investing is education is one of the best investments a government can make.
You are still ignoring the point.
