As resumption of educational debt repayment looms, more than 7 in 10 borrowers say they are taking on extra work, while half say they don't know whether they'll be able to make payments come October.
Wouldn’t our wages just get garnished or shit repo’d or something? I’m 100% for forgiveness cuz fuck that predatory shit, but this route seems like a guarantee to just exacerbate harm to the borrowers.
i applied for income based repayment program 3-4 different times, always denied. I was making around 2k/month, and they wanted me to pay $1000/month. after getting rejected the third or fourth time, I just stopped even attempting to handle the debt in good faith.
That is insane. I don’t think college should be free but it needs to be less expensive. It shouldn’t cost an arm and leg to go to college and cost more than a car. I strongly support a subsidized school system that is reasonably priced.
Free just means fewer people would be able to go. That is how most other countries handle the situation. I want everyone to have access to a low cost education to better themselves either for a job or just for personal enjoyment. I am always taking college classes but it has become a strain on my budget.
Why shouldn’t it be free? I mean if businesses are making A LOT of money from the labour of those who’ve paid extraordinary amounts for their education - and are no where near providing equal compensation for that labour - then businesses should be paying for ALL education.
I explained why it shouldn’t be free. We would have to limit the number of students like the rest of the world does to control the cost. We would close it off to only the brightest and most people would be excluded from a college education.
That is how most countries handle college. Only the best get to go and the rest go to trade school or just work other jobs. I want people here to have the chance to better themselves. That is the American dream.
Only the best get to go and the rest go to trade school or just work other jobs. I want people here to have the chance to better themselves. That is the American dream.
But they would have the chance to better themselves, by having good enough scores to get in. That’s what “chance” means. What you’re really suggesting is that everybody be guaranteed college, which is hardly the same thing.
More to the point, sending everybody to college is a waste and does a disservice both to society and the less-college-inclined individuals who otherwise wouldn’t have gone. We need more people learning actual useful skills like plumbing and welding and whatnot, and we don’t need them wasting years of their life earning a bullshit diploma-mill* bachelor’s degree that they’ll never use and would only serve to inflate the requirements for job applications.
Besides, if you want the baseline level of education to change from K-12 to K-16, just say that instead.
(* And they are bullshit diploma mills, because if the people we’re talking about were capable of completing a rigorous curriculum, they’d have succeeded under the merit-based system you’re decrying to begin with.)
Where are you going to get the money or skills to get some other country to accept you, though? If you had those, you wouldn’t be trying to leave (at least for this reason) in the first place!
This is a fictional situation where a person loaned money to go/finish school. If you went to school, have a shit ton of debt, AND don’t want to do anything to improve, sure.
Plenty (PLENTY) of countries take Americans no questions asked. The tough ones to get into are the ones that check your skin color before entry. But for those in particular, just be white and you’ll likely get in anyway. Such is life :/
It’s not a question of getting in; it’s a question of getting in with the kind of visa that allows you to work and being allowed to stay long-term.
For example, even a white engineer like me would have trouble immigrating to somewhere like New Zealand without already having an employer lined up beforehand. The relevant type of visa isn’t even accepting new “expressions of interest” right now, LOL.
I’m reasonably confident that Canada, Australia, the UK, and Ireland (i.e. the rest of the wealthy English-speaking countries that an American would most likely want to go to), along with the rest of western Europe, have similar restrictions.
Wouldn’t our wages just get garnished or shit repo’d or something? I’m 100% for forgiveness cuz fuck that predatory shit, but this route seems like a guarantee to just exacerbate harm to the borrowers.
Nothing will be repoed. They may garnish your wages but at the end of the day, there is no collateral.
Garnished wages is still a huge problem.
Student loans are not forgiven in bankruptcy.
The federal government will garnish borrowers wages until they are paid, even if the borrower is bankrupt.
They look at your wages and expenses. I knew a dentist who got garnished 10 dollars a month. That’s all he could afford.
You can’t take blood from a turnip
Fuck now I want turnips.
I went to a place and picked some the other day. Ironically picking your own vegetables is more expensive than buying them.
Jan Jansen?
i applied for income based repayment program 3-4 different times, always denied. I was making around 2k/month, and they wanted me to pay $1000/month. after getting rejected the third or fourth time, I just stopped even attempting to handle the debt in good faith.
That is insane. I don’t think college should be free but it needs to be less expensive. It shouldn’t cost an arm and leg to go to college and cost more than a car. I strongly support a subsidized school system that is reasonably priced. Free just means fewer people would be able to go. That is how most other countries handle the situation. I want everyone to have access to a low cost education to better themselves either for a job or just for personal enjoyment. I am always taking college classes but it has become a strain on my budget.
@wintermute_oregon @jpreston2005
Why shouldn’t it be free? I mean if businesses are making A LOT of money from the labour of those who’ve paid extraordinary amounts for their education - and are no where near providing equal compensation for that labour - then businesses should be paying for ALL education.
I explained why it shouldn’t be free. We would have to limit the number of students like the rest of the world does to control the cost. We would close it off to only the brightest and most people would be excluded from a college education. That is how most countries handle college. Only the best get to go and the rest go to trade school or just work other jobs. I want people here to have the chance to better themselves. That is the American dream.
@wintermute_oregon
Why would we have to limit the number of students?
edit to add – If businesses are paying ALL education costs there’s no reasons whatsoever to limit education.
But they would have the chance to better themselves, by having good enough scores to get in. That’s what “chance” means. What you’re really suggesting is that everybody be guaranteed college, which is hardly the same thing.
More to the point, sending everybody to college is a waste and does a disservice both to society and the less-college-inclined individuals who otherwise wouldn’t have gone. We need more people learning actual useful skills like plumbing and welding and whatnot, and we don’t need them wasting years of their life earning a bullshit diploma-mill* bachelor’s degree that they’ll never use and would only serve to inflate the requirements for job applications.
Besides, if you want the baseline level of education to change from K-12 to K-16, just say that instead.
(* And they are bullshit diploma mills, because if the people we’re talking about were capable of completing a rigorous curriculum, they’d have succeeded under the merit-based system you’re decrying to begin with.)
We shall see. The court battles could rage for decades.
If enough people refuse to pay, the courts can’t keep up.
deleted by creator
They can’t force you to give them money you don’t have. Just leave the country.
yes, I will use the money I don’t have to leave the country. 🧠
Read my other comments on it. You can get money from the gov (well more than enough to leave)
Where are you going to get the money or skills to get some other country to accept you, though? If you had those, you wouldn’t be trying to leave (at least for this reason) in the first place!
This is a fictional situation where a person loaned money to go/finish school. If you went to school, have a shit ton of debt, AND don’t want to do anything to improve, sure.
Plenty (PLENTY) of countries take Americans no questions asked. The tough ones to get into are the ones that check your skin color before entry. But for those in particular, just be white and you’ll likely get in anyway. Such is life :/
It’s not a question of getting in; it’s a question of getting in with the kind of visa that allows you to work and being allowed to stay long-term.
For example, even a white engineer like me would have trouble immigrating to somewhere like New Zealand without already having an employer lined up beforehand. The relevant type of visa isn’t even accepting new “expressions of interest” right now, LOL.
Using a tiny-ass country as an example of tough immigration is disingenuous. Plenty of places will take you. Open your mind.
I’m reasonably confident that Canada, Australia, the UK, and Ireland (i.e. the rest of the wealthy English-speaking countries that an American would most likely want to go to), along with the rest of western Europe, have similar restrictions.