Never having had a job in business, Biden teaches ethics.
Never having had a job in business, Biden teaches ethics.
Older folks were taught that if you want to get a bank loan, you should have the resources and the personal responsibility to pay back the loan.
Joe Biden wants to teach the young folks that if you get a loan, you don’t need the resources nor the personal responsibility to pay it back, because the government will forgive your loan.
Because Biden is a Democrat, he my postpone student debt forgiveness until after the mid term elections. Stay tuned.
Ethics where do the teach ethics these days? I don't think there are any schools that have a course on ethics anymore.
travelwp wrote:
Never having had a job in business, Biden teaches ethics.
Older folks were taught that if you want to get a bank loan, you should have the resources and the personal responsibility to pay back the loan.
Joe Biden wants to teach the young folks that if you get a loan, you don’t need the resources nor the personal responsibility to pay it back, because the government will forgive your loan.
Because Biden is a Democrat, he my postpone student debt forgiveness until after the mid term elections. Stay tuned.
Never having had a job in business, Biden teaches ... (
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The problem with student loans? First, students clearly don't have resources to repay the loan. The loan is given to help them get those resources. So it's less a loan than an investment (as most business loans are as well). Second, student loan relief through bankruptcy is an expensive process and is rarely successful. And third, these loans are targeted at young people along with promises that they will be able to repay them with jobs that likely are not available.
Given the state of the student loan situation, it appears to be both predatory and self-perpetuating. It is ruining many lives, and should be stopped. A more rational repayment scheme needs to be instituted, which caps repayment durations and amounts.
steve03 wrote:
Ethics where do the teach ethics these days? I don't think there are any schools that have a course on ethics anymore.
Drump taught them at Trump University.
The solution for student loan problems is for the schools to front the money, eliminating the banks and Feds.
mjmoore17 wrote:
Drump taught them at Trump University.
Trump never considered a plan to repay the money that he charged for worthless degrees, in a fake school.
Trump University was a total con, like everything else Trump has touched. That is what he does.
Kmgw9v wrote:
........was a total con, like everything else Trump has touched. That is what he does.
Remember when he touched gasoline, it was around $2.00 a gallon.
Kmgw9v wrote:
Trump never considered a plan to repay the money that he charged for worthless degrees, in a fake school.
Trump University was a total con, like everything else Trump has touched. That is what he does.
always back to Trump...must be very sad to be you!!! get help 9volt...
travelwp wrote:
Remember when he touched gasoline, it was around $2.00 a gallon.
what memory pobrecito 9volt has left is very selective...
jcboy3 wrote:
The problem with student loans? First, students clearly don't have resources to repay the loan. The loan is given to help them get those resources. So it's less a loan than an investment (as most business loans are as well). Second, student loan relief through bankruptcy is an expensive process and is rarely successful. And third, these loans are targeted at young people along with promises that they will be able to repay them with jobs that likely are not available.
Given the state of the student loan situation, it appears to be both predatory and self-perpetuating. It is ruining many lives, and should be stopped. A more rational repayment scheme needs to be instituted, which caps repayment durations and amounts.
The problem with student loans? First, students c... (
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You are kidding right? You want taxpayers who already paid off their loans to pay for others to go to college, essentially for free. How generous of you with my money.
And, exactly how are student loans ruining any lives? They don't have to take loans. They could work their way through college, or go to cheaper universities, or not go to school at all and get a job. What student loan forgiveness does is make those who were responsible pay the bill for those who were irresponsible. That's a great lesson to teach society.
btbg wrote:
You are kidding right? You want taxpayers who already paid off their loans to pay for others to go to college, essentially for free. How generous of you with my money.
And, exactly how are student loans ruining any lives? They don't have to take loans. They could work their way through college, or go to cheaper universities, or not go to school at all and get a job. What student loan forgiveness does is make those who were responsible pay the bill for those who were irresponsible. That's a great lesson to teach society.
You are kidding right? You want taxpayers who alre... (
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They took the loans, the couldn't get the jobs that paid enough to pay them off.
Even if they go bankrupt, they can't get out of the student loans.
They were lied to, conned, and ruined.
The lesson? Yours is just petty. It's a mess, and cleaning it up means making it harder to get student loans and clearing out the bad loans.
The change that caused all of this was the reduction in state support for college. Of course, your argument would be that you don't want to pay for someone else's education. By extension, you don't want to pay for anything that doesn't benefit you.
jcboy3 wrote:
They took the loans, the couldn't get the jobs that paid enough to pay them off.
Even if they go bankrupt, they can't get out of the student loans.
They were lied to, conned, and ruined.
The lesson? Yours is just petty. It's a mess, and cleaning it up means making it harder to get student loans and clearing out the bad loans.
The change that caused all of this was the reduction in state support for college. Of course, your argument would be that you don't want to pay for someone else's education. By extension, you don't want to pay for anything that doesn't benefit you.
They took the loans, the couldn't get the jobs tha... (
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Why should I pay for someone else's education. No one paid for mine. No one was forced to take a student loan. My daughter didn't graduate from college until she was 30 because she didn't want to go into debt. Now you want her to pay for someone who was irresponsible and took out a loan that was bigger than they could pay for.
The cause of all of this is people borrowing money to get college degrees that are worthless, or to pay for schools that cost more than necessary. Go to Yale instead of community college and then a state university in your own state and you have lots of extra debt. Who's fault is that? Not mine.
btbg wrote:
Why should I pay for someone else's education. No one paid for mine. No one was forced to take a student loan. My daughter didn't graduate from college until she was 30 because she didn't want to go into debt. Now you want her to pay for someone who was irresponsible and took out a loan that was bigger than they could pay for.
The cause of all of this is people borrowing money to get college degrees that are worthless, or to pay for schools that cost more than necessary. Go to Yale instead of community college and then a state university in your own state and you have lots of extra debt. Who's fault is that? Not mine.
Why should I pay for someone else's education. No ... (
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