Government wasting money it doesn't have on things it is not authorized to do

Ron said:
If you believe it’s that bleak - then your advice should be accrue massive debt. It won’t matter
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I've contemplated this exactly. Get the things I "want" or "need" on credit. Wait til it absolutely crumbles. Then use said resources to aid in my closest circle to survive fitter.

But then my own moral compass kicks in. The thinking lines up with being repaid by every imaginable plague and scourge as payment for my wicked nature. That and basically being what I hate in the government turns my stomach.
 
WARRIORWELDING said:
I've contemplated this exactly. Get the things I "want" or "need" on credit. Wait til it absolutely crumbles. Then use said resources to aid in my closest circle to survive fitter.

But then my own moral compass kicks in. The thinking lines up with being repaid by every imaginable plague and scourge as payment for my wicked nature. That and basically being what I hate in the government turns my stomach.
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With my luck, I'll do just that and accumulate massive debt and then a fiscally responsible dude would get elected and tell me to pay for it myself.
 
UTfball68 said:
I don’t disagree with a single thing you said. My stance is simply that ‘life isn’t fair’ and ‘this isn’t a new concept’, so I’m not going to let it bunch my panties. And I’ve said it before, folks want to use ‘trade schools’ as the great equalizer…there are shitty, indebted tradesmen, too. So this bill gets magically better somehow if it’s increased to $500bil to include recent trade grads or the tradesmen still making less than $20/hr? IMO it doesn’t, and just makes it worse for the rest of us. And then it could open up the conversation about what those tradesmen and everyone else in the country were doing with their Stimmy checks not that long ago. I also find it hysterical, regardless of what side of the argument you stand on this topic, how we didn’t have $5bil for a wall a few years ago. All that said, I think I’m pretty consistent in most my posts here and believe everyone should be held accountable and judged on their merit and decisions.
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And I agree. There are “shitty” people in all walks of life and all situations of financial indebtedness. I would say (of my own assumptions) people who walk away with a degree in the trades have the ability to earn more Vs their debt sooner than those with a traditional degree. I would also say that the whole structure of furthering education is a sham made to eek out every last cent (both saved or borrowed) to make kids feel better about themselves.

As I write this I will admit, I was of the generation that if you didn’t go to college you would amount to nothing. I went to school and got a degree that did absolutely nothing for me so then I joined the army on a whim and 20 years later now that I am retired I still have no plan to use a degree and have moved on to a different career field that I’m completely OK with. I was a different situation though because I paid my way through college as I went. I did not rely on any sort of government handouts or my parents paying for anything. I was stuck right in the middle where my parents made just enough I didn’t qualify for loans but did not make enough to help me through school. The only thing in the back of my mind was I would be a big nothing if I did not have a college degree so I did what was necessary to earn one. Jokes on me I guess cause I sure am not getting any sort of repayment? Or on the other hand can I file and get my repayment of my initial investment for my GI bill as I have no plans to ever use it??
 
skyhighZJ said:
I would also say that the whole structure of furthering education is a sham made to eek out every last cent (both saved or borrowed) to make kids feel better about themselves.
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I’ve always said a degree is good for two things, 1) showing you can start and finish something (of course there are specific certifications that are the exception)…and 2) to
open that first door. I got degrees in accounting, finance and international business. I’m in those fields…but do you know how many times I’ve said ‘man, I really wish I could remember those formulas I had to memorize in finance 301’…exactly zero times. Hell, even building out a chart of accounts for a new acquisition, anyone can do it with a system as simple as Quickbooks…much less if you have any capital in an ERP system or a CPA firm on call. The fact that something like 80% of graduates end up in a field not related to their degree, tells me OTJ training is really what matters.
 
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ManglerYJ said:
With my luck, I'll do just that and accumulate massive debt and then a fiscally responsible dude would get elected and tell me to pay for it myself.
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Somehow I think the odds of that happening are actually lower than a socioeconomic collapse that would make our debts irrelevant.

Duane
 
It is stupid, it doesn't actually really help anything, like most things the gov does.

It doesn't solve the problem of sky rocketing higher education (not saying everybody needs to go though, that notion needs to change also, that you have to go to college to be "successful")

College will get even more expensive if stuff like this happens as the universities will know that they can charge even more due to loans being forgiven and they still get paid.

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^ I came in here to post exactly this. It not only doesn't address the real issue(skyrocketing college costs), but it serves to make the actual problem worse in the future.

Also, if these loans are so predatory and awful, then why is the government still handing them out? Its just blatantly a vote buy for the mid terms, these politicians don't give a shit about any of the people they are handing this out to.
 
DSM Turbos said:
It is stupid, it doesn't actually really help anything, like most things the gov does.

It doesn't solve the problem of sky rocketing higher education (not saying everybody needs to go though, that notion needs to change also, that you have to go to college to be "successful")

College will get even more expensive if stuff like this happens as the universities will know that they can charge even more due to loans being forgiven and they still get paid.

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Why? That is what I want to know. Is it just a case of we can so we will? I've seen what these head coaches get paid and I hope that is done through the schools athletic support network and not a part of everyone's tuition.
 
ghost said:
I've seen what these head coaches get paid and I hope that is done through the schools athletic support network and not a part of everyone's tuition.
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It almost always is, The big sports programs bring in a shitpile of cash through contracts, licenses, etc. Thats where the coach $$ comes from. Its also why there is a pretty big pay disparity between them and say the head of the music dept.
 
RatLabGuy said:
It almost always is, The big sports programs bring in a shitpile of cash through contracts, licenses, etc. Thats where the coach $$ comes from. Its also why there is a pretty big pay disparity between them and say the head of the music dept.
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I'm a firm believer that should be used to lower the cost not just pay.... But hey I hate pro sports. Yes I consider college pro. They are getting paid, scholarships, to play a game.
 
DSM Turbos said:
It is stupid, it doesn't actually really help anything, like most things the gov does.

It doesn't solve the problem of sky rocketing higher education (not saying everybody needs to go though, that notion needs to change also, that you have to go to college to be "successful")

College will get even more expensive if stuff like this happens as the universities will know that they can charge even more due to loans being forgiven and they still get paid.

View attachment 379718
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When I was at App 95-99, tuition was something like $900/semester. Blows my mind how its changed.
 
ghost said:
Why? That is what I want to know. Is it just a case of we can so we will? I've seen what these head coaches get paid and I hope that is done through the schools athletic support network and not a part of everyone's tuition.
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I'm sure some of it is college sports, no idea how much of it htough.

Some of it is every university wants to "bigger" and "newer" so they are spending millions and millions on new buildings, dorms, etc.

I think UNCW had something like 13k enrolled when I went there, now its 18k but the place looks double the size.

Some is supply and demand of telling kids they have to go to college.

Maybe some is more don't actually get out in 4 years anymore.

Pay increases in the people leading the universities contributes some

I think they will raise the cost but justify it by showing new expenses, etc.

And there are probably more reasons i'm sure.
 
RatLabGuy said:
When I was at App 95-99, tuition was something like $900/semester. Blows my mind how its changed.
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Started Clemson in 2003 graduated December 2006. Due to increase in tuition (nearly doubled if i remember correctly) and my scholarships expiring, I accrued more debt in that extra semester than the previous 4 years. But, I got a degree that I was fairly confident would translate into a job that would repay that debt. I paid more than the minimum. Each year I put a portion of my tax return towards principal. In 2016 I sold a vehicle and paid off the remainder.

Accountability for your choices/actions is dead...
 
Jody Treadway said:
My conservative (self sustaining/self reliant) friends are pissed.
My liberal (what can .GOV do for you?) friends are ecstatic.
Guess it worked as planned.
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Yep. Premium welfare for the better thans.
 
I'm truly independent over politics. Both sides of the isle have things I like and don't like. One thing is for sure, I hate them both. The only way I would ever be ok with this scenario, even though I still wouldn't like it, is if they were fixing the cost of college immediately so this isn't just rolling down hill and happening over and over.
 
justjeepin86 said:
I'm truly independent over politics. Both sides of the isle have things I like and don't like. One thing is for sure, I hate them both. The only way I would ever be ok with this scenario, even though I still wouldn't like it, is if they were fixing the cost of college immediately so this isn't just rolling down hill and happening over and over.
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This.
And for those in the back.
@Spence nailed it: "Also, if these loans are so predatory and awful, then why is the government still handing them out? Its just blatantly a vote buy for the mid terms, these politicians don't give a shit about any of the people they are handing this out to."
 
awheelterd said:
The conservative friends were probably cool with taking out $100,000 ppp loans and having them forgiven though.
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This. it's gone both ways, just in different flavors.
 
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