Joe Doakes from Como Park emails:
I need to go back to school so I can take out$10,000 in student loans and never pay them back.
I’m thinking Gunsmith School sounds good. Saw it on a matchbook cover. Probably be lots of demand for my services and get paid in cash, after Democrats ban legally-owned guns.
Joe Doakes
I’m going to guess that the base value of a academic program Will increase by $10,000 in the next few years.
Above and beyond inflation, I mean.
I’m thinking JD’s onto something.
As to an increase in the base value of a academic program by $10,000, I would say you probably mean the cost. For the first, the cost is the only way the school can directly get in on that scam. And second, university-like schools are showing less and less interest in any actual value of their academics anyway.
I’m going to guess that the base value of a academic program Will increase by $10,000 in the next few years.
Above and beyond inflation, I mean.
The over/under is two years.
I have no shame. If I can get into the scam in order to help retire student loan debt acquired by my wife for her daughter, I’ll do it. When my own kids went to college I made to much for any financial aid so it all came straight off my paycheck. You’re welcome, kids,
I don’t recall co-signing for any of these loans.
When Democrats wanted to pass Obamacare, they ran into a funding problem. It wasn’t ‘revenue neutral.’ But they looked around and saw all the interest payments being made on federal student loans and decided that money should be used to offset the cost of insurance subsidies. Viola – students pay for grandma.
Until they don’t. Forgive the debt, forget about the interest. So we’ll what – end Obamacare?
Heh. Ha ha. HAHAHAHAHAHAHA!
Sometimes I crack myself up.
D, I already saw reports of higher ed jacking up prices above inflation levels, by citing inflation naturally, inflation that is transitory.
JD, I can just see it… higher ed costs will be deemed a tax. What can go wrong?
Fight inflation: start student loan payments again (they have been paused for covid for a long time).
No loan forgiveness.
Biden keeps telling us that there are lots of jobs going unfilled, and he is right.
Either a person is an adult at age 18 (legally, at least, I’ve met my fair share of 25-year-old toddlers) or they’re not. Voting, gun ownership, and ability to enter into a legally-binding contract. I’ve yet to meet someone who had a gun held to their head when they signed up to take on student loan debt with the promise to repay. Yes, it sucks that your degree in Underwater Basket Weaving has left you with few career options post-graduation, but didn’t you consider that beforehand? If not, then you’ve demonstrated that sometimes the best lessons are learned the hard way. One of my bosses told me of the three “Laws of Learning”: Fear, ridicule, and pain. In any combination, they aid in your learning.
My read on these young adults with high student loan debt is that they chased their dreams without a backup plan. Someone, presumably their parents, did them a terrible disservice if they didn’t try to dissuade them from a risky gamble. There are programs for compulsive gamblers. Maybe there should be a program for young adults making similar risky financial decisions. Debt forgiveness merely emboldens those making the risky choices, not to mention emboldening universities to be less reluctant to jack up tuition.
It strikes me that the people seeking to raise the age to purchase firearms are engaged in the same soft bigotry of low expectations as the people who dismiss Black crime. 18-year-olds and Blacks don’t know any better, it’s not fair to hold them to the standards of adult behavior.
What life experience, what educational achievement, can society expect an 18-year-old to gain by age 21 which would cause him to smack his forehead and say in wonderment, “Holy cow, I shouldn’t shoot my grandma, steal her truck and kill a classroom of children! What was I thinking?”
By the same token, is it fair to expect an 18-year-old to accurately assess job prospects and realistic future earnings when everyone in society is pushing college-college-college as the golden ticket? I started as a Government major because I was on the pre-law track, but added English Lit because I love to read and writing book reports isn’t hard for me. If I hadn’t gone to law school, what would I have done with my double-major degree? Work for a non-profit lobbying to save the whales? Stock shelves at Uncle Hugos (actually that would have been awesome) or staff the check-out line at Barnes & Noble?
Societal expectations, societal norms, behavior society expects and behavior society tolerates, those things are hard to legislate by age. And I’m not convinced you can learn them in a classroom.
Maybe a better plan would be to raise the age of college admission to 21? Force everybody to work/military for a couple of years after high school, until they’re mature enough to make intelligent decisions?
JD, you also have to consider it is the same people who want to lower age required for voting