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Thread: Obama to take Executive Steps on Student Loans.....

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Dittohead not! View Post
    That's good advice.
    The first couple of years can be taken care of much more eonomically at the junior college as well, and you're more likely to get professional instructors instead of graduate students.

    As for those loans driving up the costs, before loans were so readily available, the colleges had to stick to costs that the students/parents could afford. Now, it appears that the sky is the limit. It used to be possible to work your way through and come out debt free with a degree in four years. I did, and it was nothing unusual. Now, hardly anyone does.
    Yep, staying close to home and going to school is a great way to save money.

    So it's the loans that are driving the costs up, interesting. I thought it had to do with the rising cost of everything due to the economy, learn something new everyday.

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Nicnam View Post
    Yep, staying close to home and going to school is a great way to save money.

    So it's the loans that are driving the costs up, interesting. I thought it had to do with the rising cost of everything due to the economy, learn something new everyday.
    When the cost of something increases way faster than the general rate of inflation, there is generally a reason. When the seller can raise the prices beyond what the buyer could ordinarily afford, that is often the reason. See also: Medical care in the USA.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Nicnam View Post
    LOL, I musta missed that part.


    Mr Obama has done nothing to change the costs of college,
    nor has he created any jobs for the graduating students.

    Well around the areas I live and work in.....there are way more people living in households than just mom and dad. My step-son goes to Purdue.....but he didn't want to go down to the Main Campus and pay out all of that money. Instead he goes to one of their branches.

    Plus with the way the Economy is.....its not like BO ever helped anything out since he has been in office. Economically!

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    Re: Obama to take Executive Steps on Student Loans.....

    Cool, i didn't realize it's the government's job to scam its young into lifelong misery. Then again, the military has done it at various times too...

    There just aren't many options for today's HS grads whose parents can't pay their full tuition or who don't get into one of the few colleges so wealthy they'll get grants instead of loans.

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Nicnam View Post
    LOL, I musta missed that part.


    Mr Obama has done nothing to change the costs of college,
    nor has he created any jobs for the graduating students.
    Not as of yet but i believe he always wanted to. The senate however definitely does not because the elderly vote in far greater numbers and typically lowering college costs is like the last priority. In my state, even before the '08 crash the govt was cutting funds to the colleges to save tax $. That was the first thing to go.

    In addition, federal loan interest alone amounts to like several billions every year in profit for the "non profit" govt, so you can see why it's got so out of hand even the older voters are sick of their adult kids hanging around the house to save $ and pay off endless college loans, even if they have jobs.

    People are also slowly wising up to the fact you can never escape the loans (except faking death). Along with online learning, most colleges may just go under if something isn't done, cause no one in their right mind will take out loans these days.

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Nicnam View Post
    I highly suggest sticking to close to home for college, at least for the first couple years as to not get in over your head.
    What i suggest is people actually do some work in high school and get into a highly ranked school, regardless of distance, that will pay all costs. This is easier than the app #s suggest, since so few make any effort in HS, that it's easy to stand out.

    #1 reason for america's lousy k-12 and beyond is lack of effort all around

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by chromium View Post
    What i suggest is people actually do some work in high school and get into a highly ranked school, regardless of distance, that will pay all costs. This is easier than the app #s suggest, since so few make any effort in HS, that it's easy to stand out.

    #1 reason for america's lousy k-12 and beyond is lack of effort all around
    Mornin Chromium. You think you can get the majority of kids nowadays to actually work? What about kids from Libs and Democrats?

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    Re: Obama to take Executive Steps on Student Loans.....

    Think of it this way. What he REALLY wanted to do was immediately entirely forgive student loans, and then make college 'free'. So this aint so bad. Only 2.5 years left. We can make it.

    Of course by then he will have given away so many handouts, who would want to vote for anything else?

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by chromium View Post
    Cool, i didn't realize it's the government's job to scam its young into lifelong misery. Then again, the military has done it at various times too...

    There just aren't many options for today's HS grads whose parents can't pay their full tuition or who don't get into one of the few colleges so wealthy they'll get grants instead of loans.
    Its called community college, or vocational school, or get a job and learn by doing.

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    Re: Obama to take Executive Steps on Student Loans.....

    Quote Originally Posted by Dittohead not! View Post
    When the cost of something increases way faster than the general rate of inflation, there is generally a reason. When the seller can raise the prices beyond what the buyer could ordinarily afford, that is often the reason. See also: Medical care in the USA.
    The reason is that a good college education, even at the currently inflated prices, is a bargain in the long term.

    I see a lot of whining about how Obama hasn't created jobs for college grads. But the unemployment rate for college graduates is about 3%....which is basically full employment.

    http://www.bls.gov/news.release/empsit.t04.htm

    What the administration is doing is trying to help college students amortize their debt over longer periods.

    I'm not sure why all these right wing socialists here want the government to lower the cost of education. I thought they wanted the free market to rule...
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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