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Thread: Labor Unions Join Wall Street Occupiers for "Mass Rally'

  1. #211
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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    No I don't. I would stand for student loan debt help.

    As it stands now, education costs are sky rocketing and the only way to compete in the global economy is via education. It's kind of lose lose for younger generations, either take on debt in order to compete or flounder with a High School degree in a crappy job market.
    To add to this, the only viable way now to get a job within your field after college is to take an internship, the majority of which offer no pay, or below minimum wage. Someone who is getting ready to shoulder between 300-800+ a month in college loan bills is simply not going to be able to take an unpaid, or such severely underpaid position. Unles, of course, they have strong financial backing. Like wealthy parents.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by Frolicking Dinosaurs View Post
    Yes - go to the person's profile and 'add to ignore list' is one of the options to the left under their pic if they have one. Sorry I couldn't quote you directly. You are on my ignore list.
    I LOL'ed. I actually laughed out loud.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by cpwill View Post
    I think you are thinking of Medicare and premium support (similar to, but not a voucher - which I would have preferred).



    and there is a strong argument to be made there.


    but the question was, where are the wall street protestors focusing in on entitlement reform as opposed to those corporations being all corporationy and how it's, like, so totally unfair that I have to pay back my student loans?

    It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by KevinKohler View Post
    It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?
    Because they are government backed. You can never declare bankruptcy against the government. I'm not sure about private loans not backed by the government.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by j-mac View Post
    Thank Ted Kennedy for the price of collage today.


    J-mac
    Why? That's a legit question, what did Ted Kennedy have to do with high tuition costs?

    I always assumed college costs escalated so much because of over regulation. You have to have a certification to do most ANY job these days, none of which are offered during the coarse of general education in public schools. Meaning...you want to be a mechanic? Gotta go to school for it, no matter how much you might already know. Wanna be a restaurante manager? Gotta get serve safe certification, which isn't a degree, but it's a long program taught by an accredited education business...usually run by health inspectors, lol....Wanna be ANYTHING in this country other than a cashier, you need certification. Which means higher ed, of some degree or another. That equal demand. High enough demand for something, you can charge most anything you want for it. And so long as there are loan companies set up specifically to lend to kids with no credit, you know they'll be good for the money.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by Frolicking Dinosaurs View Post
    The gray voters are organizing and it looks like they are going to join with the Wall Street protesters. My guess is this will be called "Regular Americans are mad as heck and aren't going to take this anymore" instead of OWS by Thanksgiving.
    we shall see - certainly there would be alot over overlap of that sentiment with them and the tea party.

    [*]The seniors are pretty darn hot about the Tea Party putting SS and Medicare on the chopping block while refusing to raise taxes on the wealthy.
    actually A) seniors aren't effected by any plan to reform those two entitlements and B) a plurality of seniors poll supporting the Ryan Plan over the Obama Plan.

    [*]The younger voters are upset that educational assistance when on the chopping block while refusing to raise taxes on the wealthy.
    of course they are. our idiotic notion that everyone needs to go to college has resulted in my generation receiving little to no actual education in return for which we are saddled with massive student debts. THEN, we graduate (if we graduate), only to find that unemployment for our age bracket in the Obama Economy is around 15-25%. Underemployment is far higher than that and suddenly your studies in feminist theory and film don't seem as guaranteed to enable you to pay those loans back as easily as your guidance counselor seemed to have suggested.

    [*]There are a lot of Hispanic children born in the US to illegal immigrants that are now over age 18 and they are upset that that the GOP has blocked all legislation that would legal to their relatives be able to make their status legal and to have the protections most workers in America enjoy.
    that may be true, but the GOP is on the general side of the populace when it comes to immigration.

    [*]The unemployed are upset that the GOP has tried to block programs to help them retrain and programs to create jobs
    to the contrary, the GOP in the House has passed numerous measures that would have created jobs, that have then gone on to die in the Senate. Democrats, by contrast, seem more interested in measures that constrain job growth.

    [*]A whole lot of uninsured people are angry that the GOP blocked a public option for healthcare.
    doubtful. people that are uninsured and can't get insurance generally qualify for Medicaid, which is a public option.

    [*]People are angry that Americans pay far more for medications than residents of other countries do
    depending on how you count (do you consider unavailability of care a "cost"? how about time spent waiting?).

    but certainly we pay too much - which is why we should put into place the reforms that have been proven to reduce costs.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by iliveonramen View Post
    Because they are government backed. You can never declare bankruptcy against the government. I'm not sure about private loans not backed by the government.
    A bank is government backed, by the FDIC, but you can certainly declare bankruptcy on them. Point in fact, I got my student loans through bank of america, which then sold them to a company called Nelnet, which then sold them to yet another company.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by KevinKohler View Post
    Why? That's a legit question, what did Ted Kennedy have to do with high tuition costs?

    I always assumed college costs escalated so much because of over regulation. You have to have a certification to do most ANY job these days, none of which are offered during the coarse of general education in public schools. Meaning...you want to be a mechanic? Gotta go to school for it, no matter how much you might already know. Wanna be a restaurante manager? Gotta get serve safe certification, which isn't a degree, but it's a long program taught by an accredited education business...usually run by health inspectors, lol....Wanna be ANYTHING in this country other than a cashier, you need certification. Which means higher ed, of some degree or another. That equal demand. High enough demand for something, you can charge most anything you want for it. And so long as there are loan companies set up specifically to lend to kids with no credit, you know they'll be good for the money.
    I always assumed that as funding came in less and less via state funding they had to rise tuition.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by KevinKohler View Post
    It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?
    moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.

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    Re: Labor Unions Join Wall Street Occupiers for "Mass Rally'

    Quote Originally Posted by KevinKohler View Post
    A bank is government backed, by the FDIC, but you can certainly declare bankruptcy on them. Point in fact, I got my student loans through bank of america, which then sold them to a company called Nelnet, which then sold them to yet another company.
    FDIC is insurance and only covers personal loss of a bank account (i.e. you). The stafford subsidized loans and other government backed loans insures that everyone is eligible because if you do not pay the loan, the government pays for you and will collect from you. Even though BofA or Nelnet controlls the loan, they have a promise that if you don't pay the government will collect.

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