I would love this to be true, but when it comes down to it, I think most of that 63% will make payments as expected. This is just something they can tell a surveyor to make themselves feel better unfortunately.
Wouldn’t our wages just get garnished or shit repo’d or something? I’m 100% for forgiveness cuz fuck that predatory shit, but this route seems like a guarantee to just exacerbate harm to the borrowers.
i applied for income based repayment program 3-4 different times, always denied. I was making around 2k/month, and they wanted me to pay $1000/month. after getting rejected the third or fourth time, I just stopped even attempting to handle the debt in good faith.
That is insane. I don’t think college should be free but it needs to be less expensive. It shouldn’t cost an arm and leg to go to college and cost more than a car. I strongly support a subsidized school system that is reasonably priced. Free just means fewer people would be able to go. That is how most other countries handle the situation. I want everyone to have access to a low cost education to better themselves either for a job or just for personal enjoyment. I am always taking college classes but it has become a strain on my budget.
Why shouldn't it be free? I mean if businesses are making A LOT of money from the labour of those who've paid extraordinary amounts for their education - and are no where near providing equal compensation for that labour - then businesses should be paying for ALL education.
I explained why it shouldn’t be free. We would have to limit the number of students like the rest of the world does to control the cost. We would close it off to only the brightest and most people would be excluded from a college education. That is how most countries handle college. Only the best get to go and the rest go to trade school or just work other jobs. I want people here to have the chance to better themselves. That is the American dream.
"Canada’s policies regarding student loans are similar to those in the US but injected with a small dose of compassion and critical thinking. The federal government provides up to 60 percent of a student’s tuition through the Canadian Student Loan Program (CSLP), while private lenders pick up the rest of the bill. All student loan payments are suspended until a student graduates and earns at least 25,000 CAD annually."
That’s similar to ours. You don’t pay until you’re done. We don’t have a lower income range but 25k isn’t very much money. That’s below minimum wage in Canada.
College should be affordable and available. It used to be college kids word during the summer to pay their expenses during the college year. I don’t think that is feasible nowadays.
I also think we need more trade schools. Not everyone needs a degree. We need plumbers, electricians, etc as well.
Only the best get to go and the rest go to trade school or just work other jobs. I want people here to have the chance to better themselves. That is the American dream.
But they would have the chance to better themselves, by having good enough scores to get in. That’s what “chance” means. What you’re really suggesting is that everybody be guaranteed college, which is hardly the same thing.
More to the point, sending everybody to college is a waste and does a disservice both to society and the less-college-inclined individuals who otherwise wouldn’t have gone. We need more people learning actual useful skills like plumbing and welding and whatnot, and we don’t need them wasting years of their life earning a bullshit diploma-mill* bachelor’s degree that they’ll never use and would only serve to inflate the requirements for job applications.
Besides, if you want the baseline level of education to change from K-12 to K-16, just say that instead.
(* And they are bullshit diploma mills, because if the people we’re talking about were capable of completing a rigorous curriculum, they’d have succeeded under the merit-based system you’re decrying to begin with.)
I am suggesting no such thing. I have never suggested guaranteed college for anyone. What I have said is college should be affordable and available. You may be confusing me with the previous person who wants free college for everyone. I don’t support that.
I’m not confusing anything. You are advocating that people be given “the chance to better themselves,” but apparently failing to understand that a free college system with admissions limited by merit accomplishes exactly that: to give everyone a chance to show sufficient merit to get in!
By rejecting a merit-based system, you’re actually advocating that everybody be able to go to college even despite failing their “chance,” which sure sounds like a guarantee to me!
I have never advocated for free college. I am not sure why you keep saying that. I said college should be affordable. I’ve clearly stated I do not think it should be free.
Once again I never said guaranteed but available. That’s how I system works now. We have community colleges, colleges and universities.
People can go through the system based on their ability.
In many countries If they miss a window, that’s it. We don’t have that here and it’s a good thing.
I have never advocated for free college. I am not sure why you keep saying that.
I’m not saying that. You’re the one trying to put words in my mouth, not the other way around. If you think that’s incorrect, prove it by quoting me.
Once again I never said guaranteed but available. That’s how I system works now. We have community colleges, colleges and universities.
Fine; we’ll pretend for a moment that non-merit-based “availability” is somehow different from a “guarantee” of admission. Either way, it’s way more misguided and harmful to society than free college with limited admissions based solely on merit!
Again, having everybody get a college degree just for the sake of inflating expectations such that even shitty sales-clerk-type jobs require them as a baseline for consideration does nobody any fucking good! Neither society, nor the degree-holding sales clerks themselves. So what do you hope to accomplish by it?
The people who can’t get in to college in a limited-admission merit-based system are precisely the ones who are better off not going. This ridiculous “everybody needs to go to college” expectation has created an entire generation of people who are screwed because they wasted half a decade getting useless degrees only to end up with barely mediocre jobs anyway, when they would have been BOTH HAPPIER AND MORE SUCCESSFUL doing the “blue collar” work the dipshit high school guidance counselors warned them away from!
A lot of the borderline-suicidal sales clerks in this thread should’ve become welders etc., but didn’t because of attitudes like yours.
P.S.: The notion that people learning a blue-collar skilled trade is somehow incompatible with them “hav[ing] the chance to better themselves” is ridiculously classist. You should be ashamed of yourself for that.
I said college should be available and you switch to merit. I’ve never said merit shouldn’t be favored in.
Since I never advocated for everyone to having a degree. I’m not sure why you’re asking me. Sounds like if you’d actually read what I said, you’d realize you’re repeating what I said.
What I said is we need to have more trade schools to allow people to become carpenters and plumbers.
Where are you going to get the money or skills to get some other country to accept you, though? If you had those, you wouldn’t be trying to leave (at least for this reason) in the first place!
This is a fictional situation where a person loaned money to go/finish school. If you went to school, have a shit ton of debt, AND don’t want to do anything to improve, sure.
Plenty (PLENTY) of countries take Americans no questions asked. The tough ones to get into are the ones that check your skin color before entry. But for those in particular, just be white and you’ll likely get in anyway. Such is life :/
It’s not a question of getting in; it’s a question of getting in with the kind of visa that allows you to work and being allowed to stay long-term.
For example, even a white engineer like me would have trouble immigrating to somewhere like New Zealand without already having an employer lined up beforehand. The relevant type of visa isn’t even accepting new “expressions of interest” right now, LOL.
I’m reasonably confident that Canada, Australia, the UK, and Ireland (i.e. the rest of the wealthy English-speaking countries that an American would most likely want to go to), along with the rest of western Europe, have similar restrictions.
Today’s phrase is “garnish your wages.” If their protest doesn’t involve moving to another country it’s not going to happen. I’ve thought about it too, but my contingency,for that definitely involves moving to Scandinavia.
Ah bullshit. Civil rights weren’t achieved by threatening to leave and not be the oppressor’s problem anymore, they were achieved by standing ones ground damned the consequences. No one wants to be a martyr, but that’s how battles are unfortunately won, especially against today’s brand of fascists.
That’s partly why it’s so worrisome. 10 years ago, it would have meant something, but now it’s too late, and I fear now it will only negatively contribute to climate collapse and cause the genocide we hope to avoid.
I think it might be too late to save the country and we all ought to get several state governments to secede… and if a civil war brews because of that, then it would at least have some semblance of a positive outcome.
Lol that’s why we are in this situation. 99% of the people complaining are gonna go home, order doordash, watch netflix, do nothing, and cry when the world doesn’t magically conform to their expectations.
Right so we should ruin their credit scores so it gets harder to rent (yes rental agencies check) or buy a car (even if they get one, their interest rate will be super high). Better we just fuck people over since they can’t afford a house, right?
Lemmy.world kids will never understand the actual world and how it works…
You can’t just all complain you’re getting fucked AND agree to all do nothing about it. The rest of the world is watching and laughing at the USA right now.
Don’t pay your American banks, there is nothing stopping you from doing that.
Many people can’t afford to move. When were you born? Just give me a decade. You sound like a Boomer. Born into a fantastic economic situation, ruining it for the future, and then sitting on the sidelines with stupid fucking opinions
Calling an outsider looking in, a “boomer,” doesn’t help the situation. My 25-30s were spent just-fucking-escaping that cesspool. Again, if you owe more than say… 10k, it makes more sense to take your diploma to another country.
10k is way more money than it takes to get to Canada, Germany, France, Spain, Australia, anywhere really. Every single other “industrialized” nation pays for their citizens healthcare because it’s cheaper in the long run.
If you can find a SEA country that will take you? Even more power to you.
Don’t see the world from your own lemmy.world myopic-viewpoint. Big, big banks’ collateral will be fucked when these types of loans all collapse and get downgraded by fitch(/etc). Not paying will just shorten the fuse for these trillion $ orgs.
For one, you dodged the question. For two, wanna float me 10+ grand? Promise I’ll pay it back in social security. I already started payment so you know I’m good for it.
Edit to add (since you’re probably too old to understand acronyms): How old are you? You’ve failed to answer this question
Take 100% of what unemployment will pay you for 5-6 weeks. Depends on the state, but this gave me 5.6k. Hunker down and eat staple foods. Even during inflationary times, you can get by pretty cheaply on rice/chicken/eggs.
Take out a loan with an American country company. If they lent you 100k for school, maybe Sofi or some other online bank would give you 20k. Now prepare to move anything you care about to your destination.
UHAUL’s long term rentals are very cheap (esp if you have a hitch already and can tow it yourself). If you don’t have a car, that might be a good first step with the 25.6k if you’re thinking of Canada.
If you’re thinking EU, you’re going to make sure you can get a visa to where you’re going. Also sell most of your heavy items, as you’re going to want to just buy those heavier objects when you get there. Treat items like a price/density ratio and try to keep sentimental things over “I want to be cool” items like heavy computers or other electronics.
Getting a passport in the states is the biggest hurdle. Be very specific and follow instructions or they will send it back weeks later saying to fix something (try again). Currently their website lists a “record number” of requests of people trying to leave. :/
Something like 10-13 weeks to get a passport…?, USA needs to step tf up
I have a passport already, my work paid for it. That’s not the issue. The issue is that student loans are burdening people in an unmanageable way. Once the payments start kicking in, I’ll be fine, but many people won’t. Should they have not got useless degrees, Ya. But they don’t deserve to suffer for it when everyone told them to choose whatever they want. But that shouldn’t haunt them for the rest of their lives. I’m done arguing, so this is my opinion. Agree or not, that’s fine
Ppl need to know that student loans (federal or private) and medical related debts don’t impact your credit scores nearly as much as say private loans, mortgage, auto loan, etc.
They will take your house. As someone else said, with student loans there is no collateral. With a mortgage, your home is collateral, so you will forfeit it.
And it starts to be a strain when enough people refuse to pay. If it takes multiple court cases, amd there are a few thousand in a court’s district, it’s going to get where you can’t do anything else because of all the student loan repayment cases.
Plus the possibility of it going to heck. They screw up somewhere, lose, and it multiples. Everyone who took out a loan in PA in 2006 is now eligible to get it discharged for example.
What debt collectors and traffic court people don’t want you to know is that as long as you are willing to fight them chances are you will eventually win. And once someone wins a single time it gets established. There was a reason for a while Uber settled everything out of court.
We are going to see an army of lawyers over the next few years suing the government over this while the US government has to spend more and more to get less and less.
Hmm, well let’s see. If the punishment that the traitors that took part in J6th is anything to go by,this former FBI official will probably get all of 8 weeks in prison.
And then we’ll continue to wonder why this shit keeps on happening.
Don’t worry, the lawyers who win these type of case will be able to afford lots and lots of happy meals. They typically are the only ones who ever make out in the end.
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