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

jonny5 said:
Did she get your moneys worth? Like get she get a valuable degree or knowledge? Could she have done just as well down a cheaper path? I spent 40k and while the social experience was priceless, it was not cost effective in terms of my career.
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When I was a member of a major university's "Scholarship and Bursary Committee" I learned that only about 10% of all people who go to university increase their lifetime earnings sufficiently that the amount of increased taxes they pay is sufficient to cover the amount that "the state" subsidized their post-secondary education by. Mind you, the 10% that does increases their lifetime earning sufficiently that THEIR increase in taxes covers the shortfall for the remainder.

The other thing that I learned was that there was absolutely no way of determining WHICH individual students would end up in the 10% that "paid the freight" for the whole student population.
 
tres borrachos said:
I would in that situation too. But that isn't comparable to what is being discussed.
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It is close, only those who took loans rather than paid by other means are getting free college. I suppose I should have stated that I paid my rent on time and only those who were late got free rent (covered by a private donation).
 
jonny5 said:
Did she get your moneys worth? Like get she get a valuable degree or knowledge? Could she have done just as well down a cheaper path? I spent 40k and while the social experience was priceless, it was not cost effective in terms of my career.
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I'll answer your question with this link. She earned her degree from this list. Her's is in the top 15.
 
jonny5 said:
No. The difference is this is about teaching someone to fish. Youre bitter about not being rich. We're bitter about rich people eroding independence (the same way lilberals and socialism does).
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Nah... Cons are bitter because that's just who they are.
 
ttwtt78640 said:
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. ;)
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I suspect you do not mean that.
 
ttwtt78640 said:
Indeed I don't, but many 'progressives' certainly do.
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Well many here have accused me of being a liberal or progressive and I am pretty old fashioned when it comes to such things. If a person is truly in need, I support government loans or grants to such people to acquire a reasonable (and I stress reasonable as in local) education.
 
ttwtt78640 said:
OK, let's force colleges to do what ERs do - provide services to everyone regardless of ability to pay.
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Like we do with high schools, yes. And police forces. And roads.
 
Deuce said:
Like we do with high schools, yes. And police forces. And roads.
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Most of that is controlled and funded at the state/local level. I suggest you go plead your case to those governments. The nonsense that everything should become a federal government matter (because they can borrow/print money?) is getting old.
 
tres borrachos said:
Did you graduate from Morehouse? Why would you be bitter about a very wealthy man being philanthropic with his money?
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You miss the point. I'm not talking about me.

I'm talking about the Morehouse graduate in that audience that day who waited tables nights and weekends, worked in the tutoring hub, and spent all summer working multiple jobs to AVOID debt. That kid sacrificed a lot of fun time, sleep, and study time in order to graduate without debt.

Now I do understand that this kid will DESTROY the others when it comes to success in life, but that particular moment, there's probably some bitterness.
 
jonny5 said:
Did she get your moneys worth? Like get she get a valuable degree or knowledge? Could she have done just as well down a cheaper path? I spent 40k and while the social experience was priceless, it was not cost effective in terms of my career.
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Therein lies the key to today's "college". What you study means everything. There was a time when any college degree was valuable because it was a cost-effective way to transition into the adult workforce. They were legitimate classes that required legitimate work.

Nowadays, many subjects barely require that you step foot on campus or put in much effort at all. It's like a big online pep rally for four years, and it's as if you have to try to fail not to graduate. (During high school, my daughter took a couple of community college classes to help get a head start on college. She literally said she felt like she was in 7th grade. She said she witnessed professors actually helping students during the tests, and these were the older students.)

The flip side is that if you go after legitimate career degrees at legitimate schools, it's more competitive than ever. The requirements to get accepted are much more demanding today, and students are far more accountable for their grades.
 
Lol, the NPCs are trying to hate on a billionaire paying off tuition for men he considers worthy.

Maybe the cucks can get one of their flagship millionaires or billionaires to make such a gesture.

Tucker Carlson makes bank. So does Betsy DeVos. They support schools whose entire raison d'etre is profit. Why aren't they offering to pay off tuitions at these real American institutions of learning?

Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
 
Hatuey said:
Lol, the NPCs are trying to hate on a billionaire paying off tuition for men he considers worthy.

Maybe the cucks can get one of their flagship millionaires or billionaires to make such a gesture.

Tucker Carlson makes bank. So does Betsy DeVos. They support schools whose entire raison d'etre is profit. Why aren't they offering to pay off tuitions at these real American institutions of learning?

Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
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Why would anyone offer to pay off somebody elses financial responsibilities?

Those students signed on the dotted line knowing what they were going to have to pay back.

If they didn't care at the time, it doesn't matter if they care now.
 
Mason66 said:
Why would anyone offer to pay off somebody elses financial responsibilities?
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They understand that the absurd for profit structure endorsed by modern day Republicans leads to lifelong debts in the same way the for profit "health" providing models does.

Your question is stupid and you should feel bad you've asked it.

Don't be mad because the millionaires and billionaires who rant about making America great again refuse to make sure gestures for everyday Americans.



Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
 
Hatuey said:
They understand that the absurd for profit structure endorsed by modern day Republicans leads to lifelong debts in the same way the for profit "health" providing models does.

Your question is stupid and you should feel bad you've asked it.

Don't be mad because the millionaires and billionaires who rant about making America great again refuse to make sure gestures for everyday Americans.



Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
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You think this problem started with modern day Republicans?

How funny.
 
Mason66 said:
You think this problem started with modern day Republicans?

How funny.
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Your moronic question stemming from statements you pulled out of a cloud is all I needed to know I am right. Nobody talked about how anything started but the present reality.

Find a millionaire or billionaire who wants to make America great again by making such a gesture or take a seat and swallow your reality. You can't? Is Rush Limbaugh not available?

Enjoy your lifelong burden, then.


Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
 
Erod said:
You miss the point. I'm not talking about me.

I'm talking about the Morehouse graduate in that audience that day who waited tables nights and weekends, worked in the tutoring hub, and spent all summer working multiple jobs to AVOID debt. That kid sacrificed a lot of fun time, sleep, and study time in order to graduate without debt.

Now I do understand that this kid will DESTROY the others when it comes to success in life, but that particular moment, there's probably some bitterness.
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Are they miffed at all other college students who don't have to pay for their tuition, or just the ones at Morehouse who benefitted from this man's generous act? Because thousands of students graduate from college with no debt every year.
 
haymarket said:
Well many here have accused me of being a liberal or progressive and I am pretty old fashioned when it comes to such things. If a person is truly in need, I support government loans or grants to such people to acquire a reasonable (and I stress reasonable as in local) education.
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Most people support that in some way, but it's got to have requirements. Too many are trying to get into college that honestly are on about a 5th-grade educational and learning level. It's quite common, in fact.

The university system shouldn't be a "catch up" program.

We've got to get back to teaching trades. Not everyone is meant for college, and you can do quite well for yourself in this country if you develop usable skills.

I have technicians and office personnel that make close to or above six figures. They're incredibly valuable and knowledgeable because of their experience and innate talents. But a classroom would put them to sleep. It's just not where they thrive.
 
Hatuey said:
Lol, the NPCs are trying to hate on a billionaire paying off tuition for men he considers worthy.

Maybe the cucks can get one of their flagship millionaires or billionaires to make such a gesture.

Tucker Carlson makes bank. So does Betsy DeVos. They support schools whose entire raison d'etre is profit. Why aren't they offering to pay off tuitions at these real American institutions of learning?

Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
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Why would they? They wouldnt pay off someone elses mortgage or car loan either. Education is a product like everything else. And employees of companies who make that product work to get paid. Owners of those companies who sell that product do it to get paid. People who buy the product trade their money for the product.
 
Erod said:
Most people support that in some way, but it's got to have requirements. Too many are trying to get into college that honestly are on about a 5th-grade educational and learning level. It's quite common, in fact.

The university system shouldn't be a "catch up" program.

We've got to get back to teaching trades. Not everyone is meant for college, and you can do quite well for yourself in this country if you develop usable skills.

I have technicians and office personnel that make close to or above six figures. They're incredibly valuable and knowledgeable because of their experience and innate talents. But a classroom would put them to sleep. It's just not where they thrive.
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How would you propose to fix the problem you identify with the 5th grade level education?
 
jonny5 said:
Why would they?.
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That's exactly the problem which was corrected here. I'm not interested in hearing why you shouldn't be saddled with debt when you don't understand the importance of helping 400 men not start their lives with crippling debt.

Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
 
Just so I understand the whining from the NPCs:

If the government passes a law making free tuition a reality for everyone they are in the wrong.

If a private citizen decides to pay for other private citizens once they've met the requirement of graduating, they're also in the wrong and ****ty for it.

Is that the game the internet dwellers are playing these days? Lol, this is why you guys are stuck in cubicles and getting direct deposit cheques.

Pray Tucker pays off your mortgages, guys.



Sent from the Oval Office using Putin's MacBook, and Barr's Wi-Fi password.
 
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