ThePeoplesBard
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May 10, 2018 12:34 AM
ThePeoplesBard
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JustABonelessAlien
Why don't people just not go to college if they can't afford It? You can always go later and you don't need it to make good money.
driyon
Meanwhile in Canada: https://www.ctvnews.ca/mobile/canada/new-break-for-canada-student-loan-borrowers-1.3138921
TonyTortellini44
Amen.
TlsGrz
Laughs in European
Filanwizard
not impossible, in 2008 some forclosures were nixed and the people given the deeds because in all the selling of debt the bank lost it.
MyNameIsJesusAndIStealHubcapsFromCars
doesn't the bible say something about wanting something because other people have it?
quillfreminenti
I was going to say the same thing, though I wouldn't have expected you to say it first, Mr.-I-broke-the-8th-commandment-in-my-username.
LRWerewolf
Or, you know, don't go to a school you can't afford in the first place.
failsafe
It is possible to have a well paying job and be paying off your loans but still wish they were forgiven; you could invest that money.
d3po
You're adorable. Never change
nanyatenyaa
Ah yes, because 18 year olds make reasonable decisions while being pressured into an education they might not need.
GoldenSour2
Shit, if we couldn't pressure 18 year olds to join the Army we would never have been able to invade the mideast.
0RC0N
Careful man, the hive mind! Lots of ne'er-do-well college grads on here.
Itsnotreallyme
Who apperently don't understand you have to pack back money you borrow
NeverNonplussed
*apparently. Lernt how two spel that word rite in collige.
LTParry
Sarcasm?
CaesarDisgustus
Butthurt libtards are downvoting you.
MordorGate
I’m a registered republican and even I know this comment and yours are bullshit deflections in order to shift blame somewhere else
JustABonelessAlien
I am also a registered Republican and I know it's pretty easy to simply not go to college. It's not a requirement to make good money.
MordorGate
When more and more people are quitting and wages are being driven down (Reuters), college degrees are needed to build a life in some states
Icouri
I can't afford any school. And I won't be able to, until I finish my fucking degree
LRWerewolf
Then consider a trade guild. The Electrician's Guild in the US, for example, is always looking for apprentices.
Icouri
I did, thank you :) I decided against trade school at the time and went with the debt lol. But the bigger issue is that it is so MUCH debt
LRWerewolf
Which is why you should never go for the debt. I mean, the deed's done, but it was a foolish choice. Debt should only be used for
LRWerewolf
tangibles that can be surrendered, never for something you can't surrender (customized items, etc) or intangibles.
SexyAttackHelicopter
Wait what? -everyone that has student loans
d3po
So ...everyone?
ZimGenzko
No because America isn’t the only country in the world.
SexyAttackHelicopter
SexyAttackHelicopter
Nope, only the 98% that have to borrow money to pursue a better life. Not everyone has to bust their ass to succeed.
RogueOfHeart
You’re right. I’m not having to borrow money because I joined the Army so obviously I’m not busting my ass
MechanusIncarnate
Like for example here in Canada, a good college is 4k per semester. ~6k for out-of-country students. You should come here.
Shendorion
Your government won't let us. :(
acuteavocado7
yeah because everyone can afford college
wobbu
jokes on you i dropped out [sobbing]
CorporalCleggHadAWoodenLeg
Me too....me....too...????
Arsikere
congrats!
chromed
That doesn't mean you don't owe money for the first few semesters...
buddbilly
Your loans will stand as is unless you learn to crop.
storebrandproductmascot
I grew a whole field of crops but they still keep asking me for money.
terminal7street
They’ll get worse, he’ll have to go back for his minor in cropping.
MordorGate
Fadedtico
Did everyone seriously miss the joke or is somehow everyone in on this?
Blackcat85
I missed it . I want my school loans to disappear.
DevilDisowned
He shall burn eternally
Saustino
Convincing everyone they need a college degree was the worst fucking piece of advice ever, it’s going to be the next economic bubble pop.
kojenk
The intention was good but then when investing to handle more people someone realized all the money to be made from charging people for a
kojenk
"Necessity"
KangDOTA
Thinking shit degrees would get you jobs is the problem. Fuck, they added Arts to STEM (STEAM) to appease these retards and give them hope.
CoffeeMakesMeParanoid
Grinds my gears
Shargan8
As someone who went from studying liberal arts, followed by social sciences, and finally programming: fuck arts in the ass.
JorElmasterofscheduling
Interesting idea, would you be please explain your reasoning?
Saustino
Because there are jobs that make 100k+ that don’t require college and people go and waste time and money getting a degree?
hazzmg
Too many degrees not enough jobs at the end meanwhile the trades industry has a vacuum of apprentices and workers
JorElmasterofscheduling
While that's certainly an issue, the housing bubble was caused by banking industries lying about the quality of housing loans.
JorElmasterofscheduling
This caused people to think everything was fine and continue to invest in an industry which was doomed to crash and hard.
JorElmasterofscheduling
Society will always need doctors, lawyers and business executives. The same is true for houses but I don't see how student loans can cause
ReverendAurora
Too many people with degrees they don't need, owing tens/hundreds of thousands of dollars to the Government. With ever diminishing 1/2
ReverendAurora
values of income owing to pay rises not even closely tracking inflation rates, the whole system will just become bloated and unworkable 2/3
ReverendAurora
with folks defaulting on debts their degree will just never pay off. And even if the Gov. is happy to write off those debts, 3/4
ReverendAurora
it's still billions per year going down a drain. Added to this are the worthless degrees that make it harder to get graduate jobs. 4/4
ImgursLibertarian
I think I'm the only one who worked their way through college, got out with zero debt, and three degrees.
MadMikes
Not easy to do, but definitely not impossible either. My student loans are under half of what they would be had I not worked through college
ImgursLibertarian
Cheers!
idontcareifthesundontshine
In uk student loan payments come out of our wages once we are earning a certain amount.
TomeBagel
In Ireland we've free education. So glad I didn't have to leave uni in debt.
BigBadBrownie
In Denmark we receive money for studying. But when we get a job we pay (as a standard, it can be more) 38% of the income in taxes
OddBrock
Rub it in, why don’t you
LTParry
Something like 35K/Year right?
Dualpsiioniic
It used to be 21k till very recently but it might have changed, and it's only a percentage OVER that you have to pay. Not of the whole thing
LTParry
Ah, fair enough.
todayok
This is the absolute best system. You're making, you're paying. Virtually impossible to corrupt so you'll never see it in North America.
ColonelCrabs
In the US gov’t ed loans have an Income Based Repayment system. You make $0 you pay $0, it’s private loans that screw ya.
TheReferenceGoddess
And if you’re in public service you can (in theory) get your loans discharged after paying for a while. If DeVos doesn’t kill the program.
ColonelCrabs
Yep, those 120 cumulative payments at an eligible non-profit. If you do IBR and PSLF you could only have to pay back 75% of your actual loan
TheReferenceGoddess
Where do you get 75% from? I’m not going to get anywhere near that, based on the math I did with financial aid before I graduated.
todayok
Fair enough however my point is compare the two systems and the US relies on the private loan system whereas the UK and Ausie don't.
SomeGuyFromTheMostIsolatedishCityOnEarth
Same down-under, quite generous too I think if I were to die before paying off the loans it doesn’t get passed on to any of my family.
KoalasArentReal
...debts don't ever pass to your family
pandypoo61
No loan will never be passed on to family. Your estate will pay it, if there isn't enough money to cover it, it will be cancelled
namiasdf
The purpose is to identify low paying jobs that require education, andmaivrhow to address or subsidize the industry to provide competitive
namiasdf
Salary.
SociallyAwkwardCanadianMoose
Interesting idea.