I've seen it amusingly called "auto carrot."
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I've seen it amusingly called "auto carrot."
And in some cases where there is no need. Friend had seven figures set aside for his daughters education. She went out on her own and got a full ride from Harvard, got her MD and went to work for something that I confuse with the WHO.Quote:
Originally Posted by bae
There lies the problem, people have the right to be stupid.Quote:
Originally Posted by bae
I certainly wasn't ready for college at 18. Didn't want to deal with the same idiots from school (where I had been at gun point and had a knife to my throat), certainly didn't have any money. (I always wondered why people whose parents divorced, were required to put money aside for their kids college, but as a kid from a marriage where they stayed together, at 18 you are on your own)
I finally started at 20, paying as I went, as one of the values my grandmother instilled in me was don't take on things you can't pay for. During that semester she was diagnosed with a brain tumor. The next semester I was working full time, trying to go to school full time and doing the Hospice, thing. (averaging 4 hours of sleep a night), school had to give and she passed.
Within days of that, I had to move into her house to secure it from a neighbor that tried to break in, help break up the property. A month later, after moving my inheritance four times in a week I found out that due to my inlaws new job, my sibling wasn't getting the house. I inherited half and had to buy the other half out, no more college, must pay mortgage.
Now my grandma's "fourth grandkid" (kid of family friends we grew up with,who is much younger), at 37, finally got a job with the degree he took out student loans for, and I don't think the cover what he paid. (comic book degree)
I read recently that Cambridge is saying that “Anglo-Saxon” isn’t a real thing anymore. It apparently contributes to “myths of nationalism”.Quote:
Originally Posted by bae
With discounted room, board and no commuting to work expenses it seems wonderful. I hope she is very happy.Quote:
Originally Posted by bae
Yes, I remember that website. It was hysterical.Quote:
Originally Posted by jp1
I’ll tell you, these days touting your writing skills is absolutely a good idea, given how badly many people spell and write.
OMG, love that!Quote:
Originally Posted by JaneV2.0
I see the President has vetoed a bill that cleared both houses that would have killed his debt “forgiveness” move. The SCOTUS gets the final word on the matter.
So we know how that will go....Quote:
Originally Posted by LDAHL
So how will that go then? The right way? The constitutionally valid way?Quote:
Originally Posted by frugal-one
However the radically conservative want it to go. I don't care one way or another but you know it won't fly.Quote:
Originally Posted by iris lilies
Oh goodie I DO hope you are right.Quote:
Originally Posted by frugal-one
It is important that the Supremes focus on what the President is constitutionally allowed to do. I tire of the kings in our
White House (those of any party) deciding they can do whatever they think of.
I'm curious where in the Constitution is to be found the power for the Federal government to get involved with student loans in the first place.
Its in the same place where it says public money has to be used to help people pay for religious schools, women cannot make decisions about their reproductive health, and parts of history can be erased or altered if it makes someone else feel bad.Quote:
Originally Posted by bae
I think school vouchers, abortion and school curricula should be issues decided at the local level and not by edict from the imperial center. The fact that the Constitution functions to keep the various elements of government in their proper lane is feature rather than a bug. I think the court is best understood in that context rather than as a wish granting institution.Quote:
Originally Posted by flowerseverywhere
Current republican presidential nominees have been clear they will restrict abortion and with Pence, he wants no abortion at all. It seems like our presidents are more and more drunk with power. Executive orders fly out of the Oval office in all administrations. Many times Trump threatened to cut federal funding for schools if they did not follow his edict.Quote:
Originally Posted by LDAHL
But here is the funny thing. No one wants their federal government involved in their state business. Here in Florida, DeSantis claims we are a free state. But when a hurricane hits then they suddenly want the federal government to pour money into their coffers.
The supreme court should be ruling on this student loan issue this month, right?
Or today. They said Biden needs Congressional approval to cancel that debt, try again buster.Quote:
Originally Posted by iris lilies
Gosh, I guess so! Well, President Biden probably will find some other way to allow student loan holders to get off Scott free.Quote:
Originally Posted by Alan
I was surprised to hear the Supreme Court’s decision about the illegality of affirmative action in college admissions. I’m shocked to know that such discrimination is unconstitutional! This court found it so!
I guess those students all just need to go out and find a sugar daddy, the way supreme court justices do.
Yep, as the Babylon Bee pointed out, Democrats are devastated to learn that the Supremes have banned racism.https://babylonbee.com/news/democrat...t-bans-racism/Quote:
Originally Posted by iris lilies
It’s always frustrating when a smear campaign doesn’t gain much traction.Quote:
Originally Posted by jp1
Well, sure they are devastated, how will they raise funds if the isms disappear?Quote:
Originally Posted by Alan
We’re not talking about hunter biden.Quote:
Originally Posted by LDAHL
He seems to have gotten the friends and family discount from the DOJ.Quote:
Originally Posted by jp1
Not sure but I'm certain they'll think of something. Having the Supremes take the last vestiges of government mandated systemic racism off the table will force them to get creative.Quote:
Originally Posted by iris lilies
Lol. Only republicans actually believe that. Most first time tax violators aren’t treated as severely as he was. But whatever. Republicans also think that senators who participate in a coup attempt to keep a shitbag president in charge of the country is no big deal. Apparently that is Republican style these days.Quote:
Originally Posted by LDAHL
And these modern day republicans also think that Supreme Court justices should be able to go on as many all expense paid vacations as they want. And then wonder why the rest of us think they are a bunch of clowns. But by all means LDAHL live your full retired clown life.
Hopefully we can start to see fewer wide reaching executive orders in the future. Student loan forgiveness was wildly unpopular in many circles. For instance, many people who worked second jobs or lived at home to pay them off, or worked themselves through school or even never had a chance to pursue education beyond high school were against it. During shutdown, businesses were begging for help. When you have enormous loans, getting a second job at target or Wal-Mart is not going to kill you. Many of my retired friends had kids move home and worked remotely, giving up apartments, driving and used to money to pay off loans. Is it easy? No. But life is not easy.
If you look at student loan advertisements today, they certainly paint a rosy picture. They say things like after grants, scholarships and government aid you and your parents can borrow money for food, housing, transportation and living expenses. There is a total disconnect from the reality of paying off these loans while starting off in a new job, plus paying for living and transportation expenses in the future while paying them off. it seems predatory to me.
The media paints such a picture of life that is simply unattainable. From groups of young well dressed thin people at bars eating blooming onions and drinking beer after work, driving fancy new cars, and living in beautiful well furnished houses. News flash, if you have enormous student loans forget about it.
We have real problems in this country, like immigration, healthcare, infrastructure and housing. But I don't see what can be fixed by executive orders or monetary relief for small groups. Here in FL for instance, the house insurance industry is a mess. But you cannot expect to live in the line of hurricanes and have State or federal relief to be much help. The well has dried up through wasteful and irresponsible spending personally and by government at every level.
I’m not sure you or I or Trump Jr. would have been able to stroll away from felony gun charges. Although Hunter will need to sell a few more paintings to his fans to pay his legal team.Quote:
Originally Posted by jp1
I really do think my retired clown life is pretty great. And I don’t even have the decency to feel bad about it.
The particular one he was charged with is rarely prosecuted. Like many of the zillions of gun laws we have.Quote:
Originally Posted by LDAHL
You’ve made it quite clear that you don’t give a ****. And sadly you seem proud about that. All I can do is shrug my shoulders.Quote:
Originally Posted by LDAHL
Quote:
Originally Posted by Alan
I think many of these loans were downright unethical. Many many17-18 year olds never had anyone teach them about money. They come from families where no one went post high school to continue their education. Many families have zero in savings. They were sold a rosy deal. Look at the Sallie mae website, and it looks like they will give you money for books, living, school and transportation expenses. Don't you think the lenders have any culpability? why in the world did they shovel money out with no collateral for multiple years?
The weird thing about the student loan case that the court just decided is that the plaintiff didn't have standing, and hadn't been wronged, yet the court heard the case anyway and decided in their favor. I wonder what sort of legal theory was required to justify that.
As I understand it, most student loans are secured by the government, making collateral un-necessary from a lender perspective. I'm not sure it's a lender's responsibility to protect borrowers from government's largesse.Quote:
Originally Posted by flowerseverywhere
I was not for student loan forgiveness. So the government who guaranteed the loans with no collateral, no guarantee students could pay them back and have basic living expenses, should we just let those people never be able to afford to have children, buy a house or get out from a mountain of debt no matter how hard they work?Quote:
Originally Posted by Alan
I certainly don't have a good answer but it seems like this debt was accrued through many administrations and now, suddenly, the bottom has fallen out.
The Eighth Circuit Court found otherwise when they overruled the original court’s denial of standing to Missouri.Quote:
Originally Posted by jp1
When I was in college in the late 80s, I had a roommate who got student loans and she used it for living expenses.Quote:
Originally Posted by flowerseverywhere
Just our particular case - Our second child has huge loans and no degree, due to some mental health issues that really came out during their time at college. Although they were not passing many classes, they were able, against our advice and often without our knowledge, to keep racking up debt to stay in school. They were an adult, did not need our approval, and were not truly, deeply, cognizant of this impact on their future. 10+ years later, they have paid back almost nothing, have huge difficulties holding any sort of job, can afford little to no therapy or general health care, and are back living here with us. We try to cover as much dental/health care as we can, and try to hook them up with resources. They try, also, and it's so hard to see the toll this takes. I am pushing them to see if they can get this debt removed via bankruptcy. I know that in some cases, this can still be done, but is much harder. However, my cousin, who is quite healthy and able to work, has several times run up large consumer debt, purchased a new car, quit job in fit of pique, then has declared bankruptcy, keeping all items including car, with all debt removed. Three times, over the past 35 years. Makes me sick to my stomach, and yes, we all DO pay for that. I'd rather pay for the students that are truly having problems making payments than an entitled jerk who wants new stuff without paying for it. BTW, cousin moved to FLA with her family, and told us on their last visit that they are buying a house, which they will be able to keep, free, if they "have" to declare bankruptcy again. I hope they are wrong about that.
I think that's my main gripe about this - that unlike other unsecured loans, it's really hard to get out from under student loans in a bankruptcy situation. (and if a car is collateral for its own car loan, how on earth do people get to keep cars in bankruptcy? Lots I don't know/understand here....)
Early morning: I found this excellent discussion of bankruptcy as it affects student loans. I think it will give you some structure to work with and the mental health issues discussed towards the bottom may apply. See how much paperwork you can gather and what mental health evaluations are available and see if there is probono legal aid available where you are for him. https://www.investopedia.com/how-to-...due%20hardship.
Okay---as long as The Supremes can legislate against discounts of any kind, they need to forbid offering coupons and quantity discounts or even rebates---ESPECIALLY rebates---on purchases of consumer services. Also, they can include along with that any volatility in the prices of stock on the exchanges. The stocks must ALWAYS remain at or incrementally above the price paid. Never less. See? I believe you'll find quite a few people that would support that public policy mandated by the U.S. House of Supremes. Hope that helps you some. Edited to add: As long as they're putting a stop to freebies, they need ta take it a step further by abolishing cash handouts ta sodbusters from the USDA, and the VA needs to cease all the gimmies to veterans. No more free hairtcuts, no more va hospitals, no more va rest homes, no more pensions. Get them all off the gravy train. Same with congerss---no more gravy for them, either. If they need money, they can get out and WORK, mowing lawns or washing dishes, or delivering papers, till they get enough $$$ to buy their own bank or some other business. Steada being coddled like those crybaby college kids who are mad cause they're paying for their useless degree in economics or political science, several times over. But yeah---I got more ideas on how to cut the fat outta big gummint, by getting the slackers to pay their own way. Stay tuned. Thankk mee.