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Thread: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by haymarket View Post
    I also worked my way thorough college and paid for my own way. However, I feel that far too many students reject or ignore two major ways to decrease their costs today. Students could live at home and save all that room and board for one. Secondly, they can take advantage of community colleges for the first two years of credits at greatly reduced prices and rates.

    But when the goal is to live on your own and party seven days a week without your parents - that god must be served.
    Well, that is true. My daughter however, earned a substantial degree, one that required substantial effort, one that earns extremely well, not an art history-type degree that has no ROI. And she earned a four-year degree in four years, something else that saves money in the long-term.

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by Master Debator View Post
    Sure does sound like bitterness
    I can't deny I wouldn't be at least a little bitter if I worked my butt off for four years so I didn't have any debt only to hear it would have been paid in full and I could have slacked off and had more fun like the other kids.

    But it was a nice gesture, don't get me wrong.
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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by haymarket View Post
    I also worked my way thorough college and paid for my own way. However, I feel that far too many students reject or ignore two major ways to decrease their costs today. Students could live at home and save all that room and board for one. Secondly, they can take advantage of community colleges for the first two years of credits at greatly reduced prices and rates.

    But when the goal is to live on your own and party seven days a week without your parents - that god must be served.
    That (bolded above) is very unfair. College should become a right to be paid for by others carefully selected by the almighty government. Only those who have been deemed to have "too much" should be paying the bloated costs of running an institution of higher learning. Have Bernie explain it to you.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by americanwoman View Post
    I can't deny I wouldn't be at least a little bitter if I worked my butt off for four years so I didn't have any debt only to hear it would have been paid in full and I could have slacked off and had more fun like the other kids.

    But it was a nice gesture, don't get me wrong.
    It's a presumption that the students who benefitted from this act of generosity were "slacking off".

    Me, I'm not a wealthy man. My daughter will be going to college in the fall and I've worked 12 hours a day, 6 days a week to provide for her as a single father. She also started working at 17 to help out. Her two cousins on the other hand are daughters of two doctors and had their tuitions paid for by their parents and yet, they are by no means slackers. They didn't spend their years in college partying and slacking off. They are two of the hardest working young women I've ever known and neither me nor my daughter are jealous of them not having the burden of debt that we soon will.
    Last edited by Master Debator; 05-21-19 at 09:27 AM.

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by Master Debator View Post
    It's a presumption that the students who benefitted from this act of generosity were "slacking off".

    Me, I'm not a wealthy man. My daughter will be going to college in the fall and I've worked 12 hours a day, 6 days a week to provide for her as a single father. She also started working at 17 to help out. Her two cousins on the other hand are daughters of two doctors and had their tuitions paid for by their parents and yet, they are by no means slackers. They didn't spend their years in college partying and slacking off. They are two of the hardest working young women I've ever known and neither me nor my daughter are jealous of them not having the burden of debt that we soon will.
    They may not have been slacking off but they surely didn't have a huge debt weighing on their shoulders like the kids and families who are working to pay it off themselves. I may have been overreaching by saying 'slacking' but it would be much easier getting through college with your parents paying for it. I think kids should have those years in school to enjoy themselves and learn not be overburdened about having to pay for an education.
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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by Mason66 View Post
    What a ****ty thing to do by this entitled billionaire.

    Why would he take away the students obligation to pay off the loan themselves?

    He is denying these people the satisfaction of paying off the obligation they created for themselves.

    This will not do anything for the character of any one of those graduates.

    Quote Originally Posted by tres borrachos View Post
    Did you graduate from Morehouse? Why would you be bitter about a very wealthy man being philanthropic with his money?
    Sounds like class envy. Isn't that what these same people scream at us for any taxes we want on the billionaires?
    Last edited by poweRob; 05-21-19 at 09:47 AM.
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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by americanwoman View Post
    They may not have been slacking off but they surely didn't have a huge debt weighing on their shoulders like the kids and families who are working to pay it off themselves. I may have been overreaching by saying 'slacking' but it would be much easier getting through college with your parents paying for it. I think kids should have those years in school to enjoy themselves and learn not be overburdened about having to pay for an education.
    I only took issue with your presumption of slacking. That's jealously talking looking to put people down to elevate your burden. Those two girls, their father worked for 30 years at IBM and then left, went to college, for the first time, and eventually medical school. That's the example they grew up with. They weren't slackers.

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by ttwtt78640 View Post
    If graduate A sold their inherited house in order to pay for their college costs while graduate B kept their inherited house and took out a student loan to pay for their college costs then only graduate B got any benefit from the philanthropist's generosity. Would it be wrong for homeless graduate A to feel a bit miffed?
    Is graduate A miffed at every billionaire who pays for someone else's education? Is he miffed at every fellow student at his college whose parents or other relative paid for the cost of the college?

    In this country there are thousands upon thousands of graduates who don't have student loans at the end of their schooling. I never heard of anyone getting miffed over that.
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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by tres borrachos View Post
    Is graduate A miffed at every billionaire who pays for someone else's education? Is he miffed at every fellow student at his college whose parents or other relative paid for the cost of the college?

    In this country there are thousands upon thousands of graduates who don't have student loans at the end of their schooling. I never heard of anyone getting miffed over that.
    This is not a case of someone paid for somebody's college - it is someone paid for everyone else at their college who had used debt to pay their tuition. Those who did not use debt, but instead paid out of pocket, are apt to wonder why others got free what they had been asked to pay for.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Morehouse College grads are surprised by a billionaire's promise to pay off their student loans

    Quote Originally Posted by Erod View Post
    This is my system, and I HIGHLY recommend it.

    Get an A, and I'll pay for it.

    Get a B, and we split it.

    Get a C, and it's on you.

    She's a 3.9 finance major, and I'm certain this helped. LOL

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