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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
If it were to pass the price of going to CCs would double at the least. 60B turns into 120B, the presses run on weekends to churn out the money. And everyone will still bemoan the cost of calling the plumber.
To their credit, the NSA is the only agency of government that listens to the American people.
Which college did Bill Gates graduate from?
I'm not including honorary degrees.
Google this: billionaires without a college degree
Last edited by cstone; 01-09-2015 at 20:38.
I can't agree with this because we are talking about loans. If only the rich are going to college, loans shouldn't be a discussion. With that said it's the same as a business loan. You can't walk into a bank and expect to get a loan based on the "goodness" of your planned business. A loan is specifically about borrowing money and paying it back, therefor the ability to repay the money is really the only consideration. If the lender is interested in doing good for society, then they can donate money directly to that cause, and likely already do. It is certainly admirable that someone wishes to improve themselves and/or the world by going to college, but it is unrealistic to hope for that affecting the approval of borrowing money.
"There are no finger prints under water."
Those are good points about private institutions, but I don't think the goal here is to advance anyone, just keeping pace with the decline.
High School is nothing more than young adult child care at this point. So there has to be something to fill the gap and make future taxpayers seem employable.
Between this and min wage, they are creating some interesting new morality... My wife worked her tail off with an associates in a demanding field. Her starting pay was somewhere around $14/hour--this was not long ago. Of course with her hard work she made a lot more and landed a better job (less hours/stress).
Where is the incentive to work your way up (like many of us have/do) when everything is handed to you?
This logic always makes me LMFAO, it's simply FALSE. I grew up dirt poor, 99% of my clothes came from garage sales, My mother put herself through accounting school by trapping (yes my MOTHER).
I currently have 2 associate degrees, and am just short of a BA in management (cut short due to promotion at work and my job not allowing for me to finish it). I didn't have a pot to piss in or a window to throw it out of but guess what, I still went to school and mom and dad didn't pay a penny of it and forbade me from applying for the .gov grant programs. Here's how.
I worked a full time job plus 2 different part time jobs in the summers, then during school I worked the 2 part time jobs. I graduated with my first associate degree with a grand total of $7K in student loans because I worked, got a couple small scholarships, and went to a trade school. I have zero problems with what C-stone posted, I could have still gotten the loans I did when I went to school with that provision because the program I went to had a proven track record for 100% placement for their graduates for a LONG time (like 15 years running). Then I worked in that field for 3 years for my first employer, then took a job with the company I work for now. My company offers a tuition reimbursement program for employees, so I took full advantage of that. Worked full time, went to school at night, they paid for tuition and 1/2 of my books in exchange for C or better grades and a 3 year contract commitment. Got my AA and almost done with my BA (from a private Catholic school no less) when I was promoted to a series of 3 positions now that have too much travel to attend classes after work.
The stance that if the govt didn't fund higher education only the rich could go is simply a complete falsehood. If you want to go, and aren't expecting to just go to school, you can. It's just that everyone seems to think that going to college is an occupation that precludes working while doing so. It's not.
Then there's all of my buddies that went to the military first, and earned their education through the GI bill, I have no problem with tax $$ going to pay for college for them, they've earned it. There's options, but they take work, and people seem to have forgotten that.
Last edited by XC700116; 01-09-2015 at 21:05.