The Goat Pen

eCat wrote: ↑Thu Aug 25, 2022 1:52 pm that's why I said loans should be capped at a % against the average tuition of a state school to eliminate the option of private schools leaving them to only the wealthy, grants or scholarships and to put pressure on state schools to lower prices.

its just too easy for a kid to move into a apartment on campus with washer/dryer, work out at the student center with indoor track and rock climbing wall, eat at one of the 7 on campus cafeterias with an all you can eat plan and go to games in the $400m on campus sports arena - its just too tempting for kids to buy in with a sign on the dotted line and start paying for it 5 years from now.

To an 18 year old kid, 5 years is a lifetime away.

aTm wrote: ↑Thu Aug 25, 2022 12:28 pm This is all just buying votes from educated young adults. The government already has existing programs where student loan debt goes away. You are only required to pay a certain percentage of your discretionary income (so like if despite your $150,000 degree, you're working in a coffee shop or whatever, you can get your minimum payment down to lik $75 or $100 or whatever the calculation would be). Then any amount that is not paid off after 25 years of these payments is automatically wiped out. And if you work for the government in some capacity, its only 10 years of payments before its wiped out.

The government wants to just give people $10,000 because this is a naked bribe. If they go about advertising the fact that you can just sign up for the existing federal student loan forgiveness programs, then all the real problem debt held by people in actual dire circumstances would just get wiped out with no votes gained.

This is another globalist vs nationalist, democrat vs republican example. The vast majority of this money is going to go to young people who are well off, and even the amounts that go to people not well off, its going to an educated, cosmopolitan city dwelling poor stuck in globalist service industries, while the true working class have to pay for it all, never having gained the benefit of the education money in the first place. It doesn't seem like a huge win for democrats among globalists either though, as it likely pisses off people that are highly educated and had to pay off their debts.

eCat wrote: ↑Thu Aug 25, 2022 4:13 pm I wonder if she has seen Once Upon A Time in Hollywood

Not going to go too far into it except to say even if it were true

aTm wrote: ↑Thu Aug 25, 2022 6:43 pm

Not going to go too far into it except to say even if it were true

Which part do you doubt is true? The fact that it is easy for people who actually have low earnings to get their payments reduced and eventually their entire debt eliminated? The people who will actually benefit? Roughly 40% of all student loan debt is held by young adults age 20-30. This makes perfect sense, and I imagine pretty much everybody here who had them, as I did, owed them when they were in this age group. Another 40% of all student loan debt is held by young adults age 30-40. These are almost all people with advanced degrees, who went to school longer, paid more, and have been out for less time, so they still have them.

The main benefactors of this policy are determined just based on education level, age, and whether you chose more expensive schools over inexpensive schools. It is absolutely targeted right at connected (not lower class) young adults. Anybody that claims this some kind of progressive type policy targeted at minorities, or the poor, or working class, is a lie.

I guess maybe this policy is left wing, since you claim that my viewpoint is right wing, but if true, that really just shows that I'm right about where the political spectrum is headed as well. A government offering pork to a coalition of 26 year old former frat boys and sorority girls and 35 year old medical doctors, attorneys, and PhDs is about as far from what would typically be called a left wing agenda as anything I can think of.

eCat wrote: ↑Thu Aug 25, 2022 4:13 pm I wonder if she has seen Once Upon A Time in Hollywood

sardis wrote: ↑Thu Aug 25, 2022 6:10 pm

eCat wrote: ↑Thu Aug 25, 2022 4:13 pm I wonder if she has seen Once Upon A Time in Hollywood

Great movie by the way. I never liked Brad Pitt much, but he was great in this one.