Anyone have any thoughts on canceling student loan debt? I think it would be a good idea for biden. If you acknowledge that the dems are more and more representative of a middle/upper middle class of college educated folks, the people benefiting are in his camp. Throw them a bone to maintain support. It would be pump the economy up for a few years, there are a lot of people out there that make a decent salary but they are dropping 600 a month on student loan debt and salaries aren't growing as fast as home prices, give them some purchasing power. While dropping 500k for a starter home we promise to buy an iPad or whatever.
It, student debt load on newly graduated students, after getting probably a mediocre education from over paid mediocre professors, paying back those vultures in this time of Covid, put those students in a hole they actually may never get out of.
Saving to buy a home, impossible
Getting a credit card with that debt, impossible unless you get a Discover card.
The cost of a 4 year college degree at a decent school is at a minimum, is 30 grand plus, so walking out the door they will, at the bare minimum, have $120,000 owed.
Nice way to start you life, right?
So, unless you can run 100 meters in under 11 seconds, be a football/basketball/baseball/soccer star or smart as fuck, you ain't getting a nickel or a scholarship.
Or your parents are wealthy, then no problem also.
But, for those that are mere mortals, get ready to fork over some serious cash
Something MUST be fucking done by the government in the US to offset these costs, otherwise most dreams of college are out of reach for most.
Wanna stay competitive in this World's economy, where education in most other countries, like medical care is partially subsidized by the government, give the kids a break.
But that's Socialism, right?
So, the answer in America is?
Pull up your boot straps & get to it/no free lunch here
Fuck you!!!!
I can't even afford the fucking boots with straps, they cost more
You want to laugh/cry?
When I went to school in 1974 at a state college in CT, Western Ct State, & as an out of state student I didn't get a break, you know what I paid?
$ 14,750.00 for 12 credits per year & I paid for it myself washing dishes/waitering & selling drugs
No problem & had no debt, at all.
Something HAS to be done, or we're going to have an under-educated population, just like we have fucking now.