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Title: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 29, 2022, 12:35:13 AM
The more I see from this guy, the more I like him. Politics aside, its common sense...

Those who dont agree, should all put their money together and pay off all the loans for gender-confused libturdz...

Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 05:10:50 AM
We shouldn't have to pay off anyone's loans. If the degree doesn't result in sufficient income it is a bogus degree and it should stop being offered. Propping up failed degrees results in nonfunctioning adults.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Dave D on August 29, 2022, 05:27:54 AM
How are you reimbursed if you’ve paid off loans or did not take advantage of using them?
Title: Re: should not have to pay the loans of gender studies majors
Post by: illuminati on August 29, 2022, 07:47:16 AM
The more I see from this guy, the more I like him. Politics aside, its common sense...

Those who dont agree, should all put their money together and pay off all the loans for gender-confused libturdz...




The more I see & hear from Him the more I like Him.
You Can Bet The Loony Demented Libturds on Here Absolutely Hate Him.
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 29, 2022, 08:11:56 AM
We shouldn't have bailed out the banks or the auto industry industry either, but we did. tom brady got almost 1 million dollars because of the rona.  when I was in high school, I worked a 28 hour week and sometimes more which was illegal at the time. I still found time to go to school and lift weights. but I paid my college off in full with a few minor scholarships earned because I wasn't as dumb as I looked. people now days are always looking for a free ride. make them all pay. when I got to college, I would go home on the weekend and work. christmas vacation I went home and worked a couple of 100 hour plus weeks, while most rich turds went to Florida to unwind from their tough schedules.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Rambone on August 29, 2022, 08:18:41 AM
Common sense governor of peace….
Title: Re: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 29, 2022, 08:27:31 AM
I paid 250K for my 2 kids colleges (125K each), over a 6-yr span. (Ages overlapped a couple years, (No loans).
I guess my mistake was working very hard thru life, planning properly and saving, and not relying on anyone else??
Hmm, novel idea...  ::)
Title: Re: should not have to pay the loans of gender studies majors
Post by: Hypertrophy on August 29, 2022, 08:49:15 AM
We shouldn't have bailed out the banks or the auto industry industry either, but we did. tom brady got almost 1 million dollars because of the rona.  when I was in high school, I worked a 28 hour week and sometimes more which was illegal at the time. I still found time to go to school and lift weights. but I paid my college off in full with a few minor scholarships earned because I wasn't as dumb as I looked. people now days are always looking for a free ride. make them all pay. when I got to college, I would go home on the weekend and work. christmas vacation I went home and worked a couple of 100 hour plus weeks, while most rich turds went to Florida to unwind from their tough schedules.



That chart is a fucking lie, just like every liberal shit thing you post.


1973:  median family income: $12050  (that's $231 a week)  In 2022 it is $1371. Look it up Google Boy.


1973: Tuition in California was a token $150 because it was completely taxpayer supported. Then the state realized it would go bankrupt if they continued "free" college.


Median US rent in 2022: $1295


All from the US Census bureau- twat
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 29, 2022, 09:09:02 AM


That chart is a fucking lie, just like every liberal shit thing you post.


1973:  median family income: $12050  (that's $231 a week)  In 2022 it is $1371. Look it up Google Boy.


1973: Tuition in California was a token $150 because it was completely taxpayer supported. Then the state realized it would go bankrupt if they continued "free" college.


Median US rent in 2022: $1295


All from the US Census bureau- twat
                                                     name calling wow, I feel so insulted.
Title: Re: should not have to pay the loans of gender studies majors
Post by: ProudVirgin69 on August 29, 2022, 09:09:20 AM


That chart is a fucking lie, just like every liberal shit thing you post.


1973:  median family income: $12050  (that's $231 a week)  In 2022 it is $1371. Look it up Google Boy.


1973: Tuition in California was a token $150 because it was completely taxpayer supported. Then the state realized it would go bankrupt if they continued "free" college.


Median US rent in 2022: $1295


All from the US Census bureau- twat

The median salary shown for 1973 has been adjusted for inflation to allow for a better comparison.   Hope this helps.
Title: Re: should not have to pay the loans of gender studies majors
Post by: joswift on August 29, 2022, 09:09:35 AM


That chart is a fucking lie, just like every liberal shit thing you post.


1973:  median family income: $12050  (that's $231 a week)  In 2022 it is $1371. Look it up Google Boy.


1973: Tuition in California was a token $150 because it was completely taxpayer supported. Then the state realized it would go bankrupt if they continued "free" college.


Median US rent in 2022: $1295


All from the US Census bureau- twat

 ;D
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 29, 2022, 09:16:44 AM
;D   http://www.mybudget360.com/who-controls-the-wealth-in-the-us-western-countries-expand-balance-sheets/
        Who controls the wealth in the US? Western countries expand balance sheets at the expense of their younger population.
Posted by mybudget360 in banks, debt, economy, government, income, top 1 percent
3 Comment

If the debates reflected the true interest of what Americans have on their mind the entire debate would revolve around the slow erosion of the US middle class.  Yet this is something that will only be a footnote and for any discussions that do come up the specifics will be lacking.  The reality is we do have a middle class crisis in the US.  Americans are being fleeced through inflation on daily goods and we have an incredible 46+ million Americans on food stamps, a record percentage of our population.  Yet the stock market slowly inches up to a near record high.  How is it then that most Americans because of this recession lost 30 to 40 percent of their wealth?  Part of this has to do with how wealth in the US is structured.  The reality is we are making it tougher for mobility to occur thanks to the massive higher education bubble.


Who controls wealth in the US?

When you really boil it down wealth is the best measure of economic wellbeing.  Saying that the per capita income is $25,000 or the median household income is $50,000 only takes you so far.  Most Americans barely have enough to get by.  One out of three Americans has no savings to their name and those that do, typically have a massive portion locked up in home equity, a major reason why the net worth figures took such a big hit.  But first, let us see how wealth is structured in the US:

us wealth

The top 5 percent control nearly 64 percent of all the wealth in this country.  What is even more important to highlight is that most of the financial wealth (i.e., stocks, bonds, etc) are held by this small group.  This is a primary reason why the stock market jumping up over 100 percent from the low in March of 2009 has largely done very little to help the bottom line of most Americans.  Many companies also increased gains by overseas expansion and also cost cutting via layoffs/wage reductions.

The Federal Reserve has been instrumental in ensuring success for this group but at the expense of many Americans.  For example, the policies of QE3 are forcing rents to increase dramatically:
2012-rental-rates

Many lower income and working class families are unable to own so creating a market where rents are forced up largely pushes up their financial burden.  You are also seeing major inflation in food costs which is a direct hit to those 46 million Americans on food stamps.  Everything comes at a cost and the current trajectory is largely a drag on working and middle class families.  The figures are as clear as day:

chart-family-income.top

This recession has done a number on the middle class.  However what we are also seeing are some deep structural changes to our demographics.  We have a large and older population with baby boomers entering retirement age.  We have a smaller less affluent younger generation that will need to support this generation.  Yet we are seeing major changes in household formation:

Family household formation

What busted the trend?  You have a record number of 25 to 34 year olds moving back home with parents and you also have the delay of household formation.  Expensive housing costs and also a giant burden of student debt is a reason to blame for this.  It is also good to highlight that younger Americans took on the deepest hit from this recession:

change in net worth recession

Boom and bust cycles are largely a part of the global game.  Other countries that are facing challenges with their youth are places like Spain for example.  Spain is also feeling the brunt of a bursting housing bubble:

Spain housing market

Spain housing market index; 2005=100 (Bloomberg)

Of course the European Central Bank like the Fed has been laser focused on protecting their small wealthy class while the youth unemployment rate is up to 50 percent:

ECB balance sheet

ECB balance sheet (€mm)

Welcome to the new world economy.  Of course little of this will be mentioned over the next month leading up to the election.

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TAGS: Finance, government, market analysis, middle class, wall street
                    I thought it was rather high, but when you take into account the one-percenter it could be factual.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Abelard Lindsey on August 29, 2022, 09:40:37 AM
The solution to the student loan program is:

1) Make the loans dischargable in conventional bankruptcy.

2) Any college degrees of loans discharged in bankruptcy are considered null and void.

3) End all government supported student loans

It really is that simple.

https://market-ticker.org/akcs-www?post=245752
Title: Re: should not have to pay the loans of gender studies majors
Post by: Abelard Lindsey on August 29, 2022, 09:43:04 AM
While we're at it, here's the solution to the health care problem:

https://market-ticker.org/akcs-www?post=231949
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 09:54:19 AM
We shouldn't have to pay off anyone's loans. If the degree doesn't result in sufficient income it is a bogus degree and it should stop being offered. Propping up failed degrees results in nonfunctioning adults.

Isn't this more an argument that these loans should be forgiven? If  they're "failed degrees", then why should recipients be on the hook for them for most of their working lives based on financial choices they made before they were even allowed to legally drink? 
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 09:55:58 AM


That chart is a fucking lie, just like every liberal shit thing you post.


1973:  median family income: $12050  (that's $231 a week)  In 2022 it is $1371. Look it up Google Boy.


https://money.com/wage-growth-1973-vs-2014/

In 2014, the typical man with a full-time job earned $50,383 a year, the Census Bureau reported last week.

That's about $2,900 less then he would have earned in 1973. In that year, the median male wage—that is, the earnings of a man doing better than half of other men—was $53,294, if adjusted for inflation.
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 29, 2022, 10:40:49 AM
Isn't this more an argument that these loans should be forgiven? If  they're "failed degrees", then why should recipients be on the hook for them for most of their working lives based on financial choices they made before they were even allowed to legally drink?
   good point. they should sue these bogus institution of higher learning.
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 10:58:04 AM
Isn't this more an argument that these loans should be forgiven? If  they're "failed degrees", then why should recipients be on the hook for them for most of their working lives based on financial choices they made before they were even allowed to legally drink?

They signed the papers to take the money. I don't see it as different from any other loan. I don't think the banks and auto companies should have been bailed out and I don't think these slacker millenials should be bailed out either.

They should let the loans fail. Let the banks miss their payments and maybe they'll stop lending out money for bogus degrees. Maybe they'll be the ones to do the oversight and say, "Hey, I'll loan you 50k for your degree, but you aren't studying gender studies for that much money. If you want to study that you pay your own money. If you want the banks money you'll study something that has earning potential." Right now they're just handing out money to kids, the universities are taking it, and the banks are getting interest. We're all funding this silliness.
Title: Re: should not have to pay the loans of gender studies majors
Post by: illuminati on August 29, 2022, 11:00:40 AM
They signed the papers to take the money. I don't see it as different from any other loan. I don't think the banks and auto companies should have been bailed out and I don't think these slacker millenials should be bailed out either.

They should let the loans fail. Let the banks miss their payments and maybe they'll stop lending out money for bogus degrees. Maybe they'll be the ones to do the oversight and say, "Hey, I'll loan you 50k for your degree, but you aren't studying gender studies for that much money. If you want to study that you pay your own money. If you want the banks money you'll study something that has earning potential." Right now they're just handing out money to kids, the universities are taking it, and the banks are getting interest. We're all funding this silliness.

Money for Gender Studies WTF Stupidity is That.

They borrowed The Money - Then They Can Pay it Back
Its Nothing but Vote grab tactic.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Hypertrophy on August 29, 2022, 11:00:56 AM
The median salary shown for 1973 has been adjusted for inflation to allow for a better comparison.   Hope this helps.


All numbers have to be adjusted for inflation, cock breath. Hope that helps. Jesus you leftists are worse than hemorrhoids,
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 11:15:30 AM
They signed the papers to take the money. I don't see it as different from any other loan. I don't think the banks and auto companies should have been bailed out and I don't think these slacker millenials should be bailed out either.

They should let the loans fail. Let the banks miss their payments and maybe they'll stop lending out money for bogus degrees. Maybe they'll be the ones to do the oversight and say, "Hey, I'll loan you 50k for your degree, but you aren't studying gender studies for that much money. If you want to study that you pay your own money. If you want the banks money you'll study something that has earning potential." Right now they're just handing out money to kids, the universities are taking it, and the banks are getting interest. We're all funding this silliness.

Do you think people should be allowed to file for bankruptcy?
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 11:24:21 AM
Do you think people should be allowed to file for bankruptcy?

I think that might force the banks and/or the government to do better oversight of where all this money is going. The current situation seems like a massive handout for lots of slackers to goof off for 4 years.
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 11:25:18 AM
Money for Gender Studies WTF Stupidity is That.

They borrowed The Money - Then They Can Pay it Back
Its Nothing but Vote grab tactic.

Once upon a time there were only 2 genders and it was very easy to understand. Now there are many genders and it requires lots of study to understand it.

 ;D
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 11:26:22 AM

All numbers have to be adjusted for inflation, cock breath. Hope that helps. Jesus you leftists are worse than hemorrhoids,

The point of using  inflation in that single category is that it's the only one where real value has actually decreased in comparison to inflation. A $30,000 average home in 1973 would still be under $200,000 today compared to the national average of $400,000.  Hope that helps.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Humble Narcissist on August 29, 2022, 11:26:53 AM
The solution to the student loan program is:

1) Make the loans dischargable in conventional bankruptcy.

2) Any college degrees of loans discharged in bankruptcy are considered null and void.

3) End all government supported student loans

It really is that simple.

https://market-ticker.org/akcs-www?post=245752
This^
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 11:27:20 AM
I think that might force the banks and/or the government to do better oversight of where all this money is going. The current situation seems like a massive handout for lots of slackers to goof off for 4 years.

So, in  general, are bankruptcies understandable for businesses and individuals?

They signed the papers to take the money. I don't see it as different from any other loan. I don't think the banks and auto companies
They should let the loans fail. Let the banks miss their payments and maybe they'll stop lending out money for bogus degrees. Maybe they'll be the ones to do the oversight and say, "Hey, I'll loan you 50k for your degree, but you aren't studying gender studies for that much money. If you want to study that you pay your own money. If you want the banks money you'll study something that has earning potential." Right now they're just handing out money to kids, the universities are taking it, and the banks are getting interest. We're all funding this silliness.

Do you think the degrees eligible for loan forgiveness are gender studies?
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 02:18:12 PM
So, in  general, are bankruptcies understandable for businesses and individuals?

I'm not a banking guy so I'll wait for Bhanks to confirm, but I assume the banks have to do their due diligence and when they make a loan that doesn't get repaid they go after the person's assets to recoup. I don't see why a loan for school should be any different. If the kids can't repay it let them declare bankruptcy like businesses and whoever else, I don't have any objection to that. Then in turn the banks should start looking closer at who they give out loans to.

Throwing "free money" at this won't fix the problem. People will continue to use other people's money to get worthless degrees.

Do you think the degrees eligible for loan forgiveness are gender studies?

I figure they are making all degrees eligible, which would lead to people asking why we are paying for gender studies degrees like in the video on the first post. I think it is a good thing that people are questioning where their money is going and what it is actually paying for. I think DeSantis makes good points in this video.
Title: Re: should not have to pay the loans of gender studies majors
Post by: SF1900 on August 29, 2022, 03:32:47 PM
I majored in art and theater and minored in gender studies.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Grape Ape on August 29, 2022, 03:50:15 PM
The issue is that this only benefits people who took out loans at a certain period of time.

It doesn't help anyone who is about to take a loan, so the root cause has not been solved.  It's just a select group of people getting a random "bonus".

I am hesitant to be hyper critical of the situation, as I am fortunate and appreciative that I was able to graduate college without having to take a loan, and realize that not something everybody gets to do.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 04:37:22 PM
I'm not a banking guy so I'll wait for Bhanks to confirm, but I assume the banks have to do their due diligence and when they make a loan that doesn't get repaid they go after the person's assets to recoup.

Have you heard of this thing called the 2008 financial crisis?


Quote
I don't see why a loan for school should be any different. If the kids can't repay it let them declare bankruptcy like businesses and whoever else, I don't have any objection to that. Then in turn the banks should start looking closer at who they give out loans to.
This loan relief applies to FEDERAL programs, but you don't think there might be any adverse effects to filing  for bankruptcy?

Quote
Throwing "free money" at this won't fix the problem. People will continue to use other people's money to get worthless degrees.
Is that the problem? People with worthless degrees are seeking free money? There are doctors who have trouble paying off their student loans. What is the rough number or percentage of people seeking loan relief who have worthless degrees? 

Quote
I figure they are making all degrees eligible, which would lead to people asking why we are paying for gender studies degrees like in the video on the first post. I think it is a good thing that people are questioning where their money is going and what it is actually paying for. I think DeSantis makes good points in this video.

Which seems non-sensical to me. People use degrees in differing fields all the time. There are high-paying jobs where someone could utilize a gender studies degree. In my company, it would be a benefit in HR and some marketing positions, for example. The majority of people in marketing didn't major in marketing.  Furthermore, people change fields all the time.  Is someone who leaves finance to work in the public sector or become a teacher more deserving of loan forgiveness than someone who works in a field where they use their "worthless" degree?
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 04:41:37 PM
The issue is that this only benefits people who took out loans at a certain period of time.

It doesn't help anyone who is about to take a loan, so the root cause has not been solved.  It's just a select group of people getting a random "bonus".

Is that a feature or a bug?  Was the goal to overhaul how college education is funded or to create quick generational relief during a time of intense economic pressure which could stunt the livelihood of the majority of people in a certain age group?
Title: Re: should not have to pay the loans of gender studies majors
Post by: Rambone on August 29, 2022, 04:47:51 PM
I majored in art and theater and minored in gender studies.

Is that how you met Rory?
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 04:50:41 PM
Have you heard of this thing called the 2008 financial crisis?

This loan relief applies to FEDERAL programs, but you don't think there might be any adverse effects to filing  for bankruptcy?
Is that the problem? People with worthless degrees are seeking free money? There are doctors who have trouble paying off their student loans. What is the rough number or percentage of people seeking loan relief who have worthless degrees? 

Which seems non-sensical to me. People use degrees in differing fields all the time. There are high-paying jobs where someone could utilize a gender studies degree. In my company, it would be a benefit in HR and some marketing positions, for example. The majority of people in marketing didn't major in marketing.  Furthermore, people change fields all the time.  Is someone who leaves finance to work in the public sector or become a teacher more deserving of loan forgiveness than someone who works in a field where they use their "worthless" degree?

Come on bro. These kids signed for a loan. The responsibility for repayment fell on them, their cosigners, or the banks, or the universities.

Joe Biden now says, "Aw shucks, don't make them pay. It's free."

But it isn't really free, is it? It is my money. It is the taxpayers money. Instead of the banks suffering I am. I've effectively been turned into the bank. And I'm saying this is bogus. If it is my money being given for loans I want to do reasonable loans with a high change of repayment. If you're majoring in gender studies, art history, Roman literature, then I don't think you will be able to repay it. If you major in math, engineering, business then maybe you will. I don't want to be in the position of picking which majors are more likely to repay their loans, but as the taxpayer the government is using my money to pay for this stuff so now I should have a say in what I'm paying for. If you are paying your own money or taking all the risk on your own back then major in whatever you want.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Grape Ape on August 29, 2022, 04:53:24 PM
Is that a feature or a bug?  Was the goal to overhaul how college education is funded or to create quick generational relief during a time of intense economic pressure which could stunt the livelihood of the majority of people in a certain age group?

The goal was to purchase votes for the midterm elections.

Education reform is critical and necessary.

This is just giving money to a small subset of Americans, while ignoring those equally struggling who didn't fall into this criteria.

As stated, I'm not entirely unsympathetic, but believe a different solution would be more fair to all - possibly eliminating interest, or giving credit for interest paid to be applied to the principal, etc.
Title: Re: should not have to pay the loans of gender studies majors
Post by: SF1900 on August 29, 2022, 05:00:39 PM
Is that how you met Rory?

Yes! We are both auditioning for Shakespeare!
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 05:02:21 PM
Come on bro. These kids signed for a loan. The responsibility for repayment fell on them, their cosigners, or the banks, or the universities.
These kids signed for a loan
These kids signed for a loan
These kids signed for a loan

Yeah, it's not like people re-negotiate, default or back out of agreements at every other stage of their life. It's not like trump filed bankruptcy six times. It's not like the richest man in the world's corporation is  subsidized into profitability by the gov't and he's not currently engaged in a lawsuit to back out of a multi-billion dollar biz agreement because his portfolio value fell. But, yeah, c'mon. bro, these KIDS - you agree they were kids- definitely shouldn't have a reasonable shot at scaling down debts they incurred before they were of drinking age. Because everyone else in the history of America who signed on the dotted line, followed the agreement to the letter.  ::)
Title: Re: should not have to pay the loans of gender studies majors
Post by: Irongrip400 on August 29, 2022, 05:11:31 PM
I see your point Al, but I would be more on board if there was a way for people to prove they used the money solely for education in order to have it forgiven. I don’t want to have my tax dollars going to pay off the loans of some jerk off who went to school for two years, got 15 credits and spent the rest partying and going on spring break. It shouldn’t be pain free to get your loan forgiven, there needs to be some oversight.
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 05:11:52 PM
These kids signed for a loan
These kids signed for a loan
These kids signed for a loan

Yeah, it's not like people re-negotiate, default or back out of agreements at every other stage of their life. It's not like trump filed bankruptcy six times. It's not like the richest man in the world's corporation is  subsidized into profitability by the gov't and he's not currently engaged in a lawsuit to back out of a multi-billion dollar biz agreement because his portfolio value fell. But, yeah, c'mon. bro, these KIDS - you agree they were kids- definitely shouldn't have a reasonable shot at scaling down debts they incurred before they were of drinking age. Because everyone else in the history of America who signed on the dotted line, followed the agreement to the letter.  ::)

What does this have to do with Trump? If he declares bankruptcy then I don't feel badly for the banks who lose out on their money. If the kids who took loans can't repay them then let the banks or their cosigners or the schools deal with it. It shouldn't come out of my pocket.

The country needs education reform. Throwing "free money" at this won't fix the problem.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 05:14:05 PM
The goal was to purchase votes for the midterm elections.

Education reform is critical and necessary.

This is just giving money to a small subset of Americans, while ignoring those equally struggling who didn't fall into this criteria.

As stated, I'm not entirely unsympathetic, but believe a different solution would be more fair to all - possibly eliminating interest, or giving credit for interest paid to be applied to the principal, etc.

Things that could have been changed or reversed immediately by a future administration. I don't think those things are "more fair to all". 
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 05:15:43 PM
I see your point Al, but I would be more on board if there was a way for people to prove they used the money solely for education in order to have it forgiven. I don’t want to have my tax dollars going to pay off the loans of some jerk off who went to school for two years, got 15 credits and spent the rest partying and going on spring break. It shouldn’t be pain free to get your loan forgiven, there needs to be some oversight.

It isn't pain free. There is an application process and for most people, it only covers a portion of their loans.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 05:21:11 PM
What does this have to do with Trump? If he declares bankruptcy then I don't feel badly for the banks who lose out on their money. If the kids who took loans can't repay them then let the banks or their cosigners or the schools deal with it. It shouldn't come out of my pocket.

They signed the papers to take the money. I don't see it as different from any other loan. I don't think the banks and auto companies should have been bailed out and I don't think these slacker millenials should be bailed out either.


If you don't see it as any different than any other loan, then great. It's now a lot less different than any other loan.  I don't know how to make it clearer for you.
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 05:22:51 PM
If you don't see it as any different than any other loan, then great. It's now a lot less different than any other loan.  I don't know how to make it clearer for you.

I am paying their loans. Other defaulted loans are eaten by the banks.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Hulkotron on August 29, 2022, 05:46:00 PM
What jobs require a gender studies degree?
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 29, 2022, 06:01:07 PM
What jobs require a gender studies degree?

Health Czar or gender studies professor  ;D
Title: Re: should not have to pay the loans of gender studies majors
Post by: Dave D on August 29, 2022, 06:28:02 PM
Isn't this more an argument that these loans should be forgiven? If  they're "failed degrees", then why should recipients be on the hook for them for most of their working lives based on financial choices they made before they were even allowed to legally drink?

Bingo!

The educational system should be made to be held accountable letting students leave with “worthless” educations.
Title: Re: should not have to pay the loans of gender studies majors
Post by: ThisisOverload on August 29, 2022, 06:52:54 PM
The goal was to purchase votes for the midterm elections.

Education reform is critical and necessary.

This is just giving money to a small subset of Americans, while ignoring those equally struggling who didn't fall into this criteria.

As stated, I'm not entirely unsympathetic, but believe a different solution would be more fair to all - possibly eliminating interest, or giving credit for interest paid to be applied to the principal, etc.

I agree.

The problem i see, at least in the last 20 years; is that these kids rack up the debt, graduate and then do everything EXCEPT pay it back.

I've been hiring young engineers straight out of school for two decades. It's easier to train them young before they are set in their ways.

I can tell you, at least 75% of the time, that these "kids" as we are calling them, spend money on everything except their loans. I can't tell you how many of them buy brand new cars, expensive apartments, houses, engagement rings, vacations, etc. All within a few years of graduation, while paying the MINIMUM on their debts.

Now, it's none of my business what people do with their money, but it is my business how my tax dollars are spent. This is the dumbest thing i've heard of, but i know most people don't understand economics and will vote for this crap.

It's true a lot of "kids" don't understand useless degrees, but to be honest, that's complete shit because all of the career fairs have these things listed. Students will start in something difficult and then switch to some bullshit degree when they realize the amount of effort it takes. I see it all the time.

That is not my problem. If you don't understand that a chemical engineering degree will make you more money than sociology, you are doomed already.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 07:49:39 PM
I am paying their loans. Other defaulted loans are eaten by the banks.

Good, we've gotten past the pretense that this is about  useless degrees or kids being irresponsible.

And, no, your taxes don't pay anything in regards to this program. It's a self-sustaining  program that is actually profitable. That's one of the main reasons that interest wasn't cut  as another poster suggested upthread.
Title: Re: should not have to pay the loans of gender studies majors
Post by: cart@@n on August 29, 2022, 07:50:09 PM
Title: Re: should not have to pay the loans of gender studies majors
Post by: Bevo on August 29, 2022, 07:53:24 PM
Every single post from “gym rat” is about politics this and that, must suck for whoever lives with you to listen to this drivel 24/7

Title: Re: should not have to pay the loans of gender studies majors
Post by: Agnostic007 on August 29, 2022, 09:27:29 PM
Isn't this more an argument that these loans should be forgiven? If  they're "failed degrees", then why should recipients be on the hook for them for most of their working lives based on financial choices they made before they were even allowed to legally drink?

In my opinion that is not a very strong argument. Using that logic, any service member should be able to just quit since they made that decision to join before they were legally allowed to drink. You go to college typically at 18 which is a legal adult in any state. Yeah, some were mislead or even desired dead end degrees, but should it really fall in my lap to absorb the cost of their bad decision?
Title: Re: should not have to pay the loans of gender studies majors
Post by: Agnostic007 on August 29, 2022, 09:28:21 PM
The issue is that this only benefits people who took out loans at a certain period of time.

It doesn't help anyone who is about to take a loan, so the root cause has not been solved.  It's just a select group of people getting a random "bonus".

I am hesitant to be hyper critical of the situation, as I am fortunate and appreciative that I was able to graduate college without having to take a loan, and realize that not something everybody gets to do.

very reasonable post.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Coach is Back! on August 29, 2022, 09:38:28 PM
You sign on the dotted line you own it…not me. It’s called responsibility
Title: Re: should not have to pay the loans of gender studies majors
Post by: Al Doggity on August 29, 2022, 10:00:48 PM
In my opinion that is not a very strong argument. Using that logic, any service member should be able to just quit since they made that decision to join before they were legally allowed to drink. You go to college typically at 18 which is a legal adult in any state. Yeah, some were mislead or even desired dead end degrees, but should it really fall in my lap to absorb the cost of their bad decision?

I don't think this is a strong comparison. Military service is 2-5 years and  apparently 2 year options have been growing at a rapid pace in certain branches so that enlistees don't have to make longer commitments. College loans don't expire after 5 years. On top of that, there are multiple ways to get out of military service early, if you were really interested in doing so. Coincidentally, one of those ways is a financial difficulties discharge.

eta  None of the points I attempted to make revolve around dead end degrees or kids being misled.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 30, 2022, 01:01:54 AM
Every single post from “gym rat” is about politics this and that, must suck for whoever lives with you to listen to this drivel 24/7

Bevo... You know how to use the "block" feature correct?
Even my bud SF1900 blocked me. 8)

Ill give you a break from "non-muscle" posts though. Even though most muscle-posts normally dont get any real response here.
Most here dont care about real iron-history and training (maybe Funk, Wes and a couple of others).
But many sure like to talk about caulk and nude muscle-men???

But since I care about SF1900, I'll refrain. Heck, youre probably a good guy too for all I know.  ;)
Title: Re: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 30, 2022, 01:10:44 AM
Every single post from “gym rat” is about politics this and that, must suck for whoever lives with you to listen to this drivel 24/7

.
Title: Re: should not have to pay the loans of gender studies majors
Post by: ProudVirgin69 on August 30, 2022, 03:43:47 AM
You can post about politics all you want, but I am not a political person and don’t care to read about politics. When it’s constantly posted, it gets very old very quickly. It’s all you post about all day. It’s like Strawman except for republicans/conservatives.

You make much better posts about bodybuilding and weightlifting.

QFT

I fear for gym-rats mental health, he's posting about the libs at all hours of the day.
Title: Re: should not have to pay the loans of gender studies majors
Post by: GymnJuice on August 30, 2022, 03:47:14 AM
Good, we've gotten past the pretense that this is about  useless degrees or kids being irresponsible.

And, no, your taxes don't pay anything in regards to this program. It's a self-sustaining  program that is actually profitable. That's one of the main reasons that interest wasn't cut  as another poster suggested upthread.

This is about the entire system including useless degrees and people not being responsible for the loans they've taken.

And I don't for one second believe that my taxes aren't paying for this.
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 30, 2022, 04:05:53 AM
QFT

I fear for gym-rats mental health, he's posting about the libs at all hours of the day.
   It seems to give him some comfort in these trying times. :D
Title: Re: should not have to pay the loans of gender studies majors
Post by: ProudVirgin69 on August 30, 2022, 04:11:45 AM
This is about the entire system including useless degrees and people not being responsible for the loans they've taken.

And I don't for one second believe that my taxes aren't paying for this.

your taxes don't 'pay' for anything, you think the government needs your money to pay for stuff?  They just print that shit out of thin air

Title: Re: should not have to pay the loans of gender studies majors
Post by: SF1900 on August 30, 2022, 04:16:14 AM
QFT

I fear for gym-rats mental health, he's posting about the libs at all hours of the day.

I just skip over people’s political posts. Then again, this has not been a bodybuilding forum in a very long time. Over time, the forum has really changed with the political climate.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 30, 2022, 07:00:53 AM
QFT

I fear for gym-rats mental health, he's posting about the libs at all hours of the day.

LOL

Thank you fine sir!  (And the rest of you legends)!! 
I will refrain... And try to keep it muscle-related... You too Bevo, you rock brother!  ;)

I admit, I even annoy myself...
Title: Re: should not have to pay the loans of gender studies majors
Post by: The Scott on August 30, 2022, 08:52:30 AM
During my daughter's graduation there was a woman with a degree in "African Women's Studies".

What?  Learning how to carry a water jar on your head? 
Title: Re: should not have to pay the loans of gender studies majors
Post by: joswift on August 30, 2022, 08:54:20 AM
During my daughter's graduation there was a woman with a degree in "African Women's Studies".

What?  Learning how to carry a water jar on your head?

No, it was how to make white people dislike and avoid you
Title: Re: should not have to pay the loans of gender studies majors
Post by: funk51 on August 30, 2022, 09:00:43 AM
   POLITICS
Curt Schilling Bashes Student Debt Relief Despite Defaulting On $75M Govt. Loan
Twitter users mocked the former baseball pitcher, whose video game company defaulted on a $75 million loan from the state of Rhode Island in 2012.
David Moye
By
David Moye
Aug 25, 2022, 08:27 PM EDT





Former baseball pitcher Curt Schilling is the latest conservative to gripe about President Joe Biden’s debt relief plan for college students, but many people noticed his criticism smacked of hypocrisy.

On Thursday, Schilling griped about what he called “a generation of lazy unaccountable uneducated children” — people earning less than $125,000 per year who would have $10,000 to $20,000 of their student debt canceled — “being covered by hard working debt paying Americans.”

My body my choice? Your loan my responsibility? This isn’t loan forgiveness, it’s a generation of lazy unaccountable uneducated children being covered by hard working debt paying Americans.

— Curt Schilling (@gehrig38) August 25, 2022
Schilling, however, may not be the best person to level this criticism. Back in 2012, his video game company, 38 Studios, defaulted on a $75 million loan from the state of Rhode Island.

He told Esquire in 2017 that he lost $50 million of his own fortune from the debacle, which he called “the most painful time in my life.”

Apparently, Schilling’s experience did not result in any empathy for others who might also need a hand to follow their dreams. Twitter users felt obliged to point out the “rules for thee, not for me” message in his tweet.

This fraudulent fuckmuppet is a perfect representative of hypocrisy of the student loan debt relief opponents. He cost the taxpayers of Rhode Island tens of millions of dollars, repaid his own loans from taxpayer money. https://t.co/JGKk3wXF6e

— John Rogers (@jonrog1) August 25, 2022
Former 38 Studios president Curt Schilling is not a fan of American taxes covering people's loans https://t.co/wnOUyj4gGL

— Jason Schreier (@jasonschreier) August 25, 2022
38 Studios, my guy. Your bad business decisions cost taxpayers for yeaaaaaaars. Get real, you turkey. https://t.co/oc9NTO3qMh

— Mike Futter (@Futterish) August 25, 2022
Schilling's fiduciary duty to RI was $75M, but arbitration—a system that screws over most working Americans in favor of corporations/scam artists—played a role in reducing that to $2.5M (1/30th). So, uh, which generation of lazy unaccountables? https://t.co/JDwVdZzr6h https://t.co/yHCtVUt2JL

— Sam Machkovech ☂ (@samred) August 25, 2022
so weird that everybody pretending to be upset about student loan forgiveness happens to have borrowed hundreds of thousands or millions at some point (and, in one case, failed to pay back the state of rhode island after their video game vanity project failed spectacularly) https://t.co/6RBvTXwHna

— Nathan Grayson (@Vahn16) August 25, 2022
Aren't you the guy who scammed Rhode Island out of army $100m in loans, then declares bankruptcy to not pay them back?
Take a seat, my dude. https://t.co/Tr8TAnmtu0

— Mike Avila (@mikeavila) August 25, 2022
Right-wingers live in a world of such self-hating projection. https://t.co/5MXdZTOFMI https://t.co/HQJ5Yz7M5f pic.twitter.com/vTARZyizak

— Matt Ortega (@MattOrtega) August 25, 2022
Even a member of the White House digital strategy staff felt obliged to point out that Schilling wasn’t the best advocate for paying back debts.

"Curt Schilling to repay a fraction of $75 million game loan"https://t.co/TzbpjAXcQihttps://t.co/ZsAjBuI8yO

— Rob Flaherty (@RFlaherty46) August 25, 2022
Schilling did respond to the mockery, but anyone expecting him to own up to his hypocrisy was bound to be disappointed.

Electing idiots and frauds like you is how that happens. Check the SEC filings idiot. See who they convicted of fraud. Hint: it wasn’t me.

— Curt Schilling (@gehrig38) August 25, 2022
RELATED...
Conservatives Throw A Fit Over Biden's Student Debt Relief Plan

GOP Lawmaker Fears Reducing Student Debt Will Keep Poor Kids From Joining Military

Sean Hannity Gripes That His Low-Wage Staffers Will Receive Student Loan Relief    GOOD OLD CURT.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Grape Ape on August 30, 2022, 09:07:33 AM
LOL

Thank you fine sir!  (And the rest of you legends)!! 
I will refrain... And try to keep it muscle-related... You too Bevo, you rock brother!  ;)

I admit, I even annoy myself...

Post what you want and anyone who doesn't like it can use the ignore feature or fuck the fuck off.

Don't change anything based on lesser tier posters concerns.
Title: Re: should not have to pay the loans of gender studies majors
Post by: Gym-Rat on August 30, 2022, 10:59:56 AM
Post what you want and anyone who doesn't like it can use the ignore feature or fuck the fuck off.

Don't change anything based on lesser tier posters concerns.

I do tire of political crap though. Muscle-related threads get like 2 replies though.
Forums are long-dead...
Title: Re: should not have to pay the loans of gender studies majors
Post by: Grape Ape on August 30, 2022, 11:22:02 AM
I do tire of political crap though. Muscle-related threads get like 2 replies though.
Forums are long-dead...

gayer than longing for "muscle related" replies
Title: Re: should not have to pay the loans of gender studies majors
Post by: Humble Narcissist on August 30, 2022, 11:26:41 AM
During my daughter's graduation there was a woman with a degree in "African Women's Studies".

What?  Learning how to carry a water jar on your head?
Most people who go to college are not college material. In order to get money out of them the schools make sure they have degrees that anyone can get regardless of scholastic ability. If they want to pay off the loans for these students they should make the schools sitting on all that cash pay for it.