Depends on the degree.
Still_Vicious' forum posts
@Johnny-n-Roger: Thats an easy one, US is now the biggest trade partner with Canada and Mexico thanks to that trade act.
NAFTA helped create 5 million new U.S. jobs.
That's just a blatant lie.
Reality is that it has cost over 1 million jobs and decreased wage.
http://www.huffingtonpost.com/lori-wallach/nafta-at-20-one-million-u_b_4550207.html
https://en.wikipedia.org/wiki/NAFTA%27s_effect_on_United_States_employment
Let me guess, you two geniuses think that picture is legit and not made by a right wing nut job with an agenda? Am I right?
No it is legit, I remember seeing a lot of them and reading similar articles when OWL was protesting Wall Street a few yeas back.
I love Karma.
Thats a long way from proof. Our most conservative poster remembers seeing a lot of them.
Doesn't common sense tell you it's useless? Honestly what can you do with it?
@Toxic-Seahorse: I feel that there is a major cultural issue where when people make mistakes, say for getting a bad loan, then not expecting to be accountable for their own actions.
That may very well be the case, but it's a secondary problem in this case. Most people simply can't afford to pay back these loans. The cost of college is so damn high now it doesn't really matter if you intend on paying them back or not, the majority of people can't afford to pay back $60,000+ in loans. Once we fix that we can then try to fix the accountability culture.
If you go into a major that is in demand or provides skills that are marketable, there is no reason you cannot pay back your loans.
I don't disagree with you. Go back and read my posts before that one. My entire argument was that the government should give out loans based on major. I'm willing to bet that most of that 40% who are not paying either didn't finish school or got a degree in something useless.
That's my mistake, I didn't understand what you were saying.
Let me guess, you two geniuses think that picture is legit and not made by a right wing nut job with an agenda? Am I right?
No it is legit, I remember seeing a lot of them and reading similar articles when OWL was protesting Wall Street a few yeas back.
I love Karma.
@iandizion713: They said many of the same things about NAFTA and that cost about 1000000 american jobs.
@Toxic-Seahorse: I feel that there is a major cultural issue where when people make mistakes, say for getting a bad loan, then not expecting to be accountable for their own actions.
That may very well be the case, but it's a secondary problem in this case. Most people simply can't afford to pay back these loans. The cost of college is so damn high now it doesn't really matter if you intend on paying them back or not, the majority of people can't afford to pay back $60,000+ in loans. Once we fix that we can then try to fix the accountability culture.
If you go into a major that is in demand or provides skills that are marketable, there is no reason you cannot pay back your loans.
Are they really ridiculous though? Interest rates are proportionate to the risk that the banks take; if 40% aren't paying their loans back, then it's safe to say it's a high risk.
On the other hand, the whole "business" of college is pretty damn ridiculous. Outrageous interest fees
It's a chicken and egg argument; are they high risk because students are unreliable? Or is it high risk because the loans and college are so ridiculous themselves?
The US Military seems to think it is a good investment, with hundreds of thousands of active or retired vets counting on that assistance so they can improve their lives and the country.
.. I would argue it is beneficial for every one for college to be made incredibly cheap.. The fact of the matter is degrees statistically lead to people earning more, these higher earnings means they pay more taxes.. It also means they will be putting more money into the economy with the increased spending.. They also will be much more likely to buy property when they don't have such high amounts of debt over their heads.. Furthermore people are bitching about student loans being wiped out by the government would bankrupt it, student loan debt has yet to clear $1 trillion dollars.... The freaking pentagon "lost track" of over $4 trillion dollars in money since 1996.. We just wasted trillions of dollars in a completely unnecessary war that has made the Middle East even more unstable.. Where in the hell were these supposed fiscal conservatives when this crap came out? If you supported the Iraq War you have basically thrown out any reason for people to take you seriously if you claim to care about being fiscally conservative.... Time and time again these types have shown to be the most irresponsible with funds.
Would it really help people make more money? People being educated doesn't magically make more jobs come into existence.
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