Level the playing field: the Bank On Students Loan Fairness Act

[maxpowr9]

I get the distinct impression there is a foreign student in play here. I might be wrong but it sure seems that way. Whether that is true or not it is astounding how much American taxpayers pay for other country's citizens education.

Eh. At my undergrad, most of the international students were driving around in luxury-brand cars whereas most of the Americans had "shit boxes".

So again, I stand by my statement.

 

[Rolyo85]

Guarantee you are at an "expensive" private college instead of a cheaper, public one. It's crying wolf. It's the same as the person that buys a new Mercedes and complains about the car payments and the insurance on the car. Nobody forced you to buy the Mercedes when a cheaper car does the same job of transporting.

Utter bullshit. I am a music student. My field doesn't exist in "cheaper, public" schools. This isn't plumbing. And those international students with the expensive cars were Koreans. SK is pretty much the only country in the world that sends its rich kids to America.

Durango, not that I don't get a sweet tingle from reporting your foreigner bashing, but why don't you go **** yourself? Unlike you, I have never hidden who I am or what I do. You don't know me, you have no clue how much I contribute to my field. For all we know, you're the freeloader here. But I am nothing if not caring, so I'll ease your sleep by telling you that both the Jacobs School of Music in IU, and Roosevelt University are privately funded places and your miserable tax money did not go into funding me.

 

[CowboyBob]

Not according to the uber-liberal LA Times


http://www.latimes.com/business/mon...t-for-some-study-says-20130508,0,723490.story

According to your link the LA Times quotes 14% of high school grads vs college grads and 17% of undergrads vs professional degrees. So that's your definition of "many"?

Suppose we should do away with the student loan program because the uber-liberal LA times said that. Can I use the uber-liberal LA times to prove you wrong with so many of your statements?

Because 14% of high school grads make as much if not more than a bachelor degree doesn't prove anything and you know it. A lot of other factors are in there. I'll never make as much as Mitt Romney or George W Bush even tho I have more education than them. Too bad my Daddy wasn't a multimillionaire with connections.

 

[Jack Springer]

College students can always get a job .. lowing paying even will help -- someone has to flip those burgers.

How much does the supposed libertarian want the government to pay? If your rate is 0.75% you might as well provide free college degrees.

Ahhhh.. That's the point isn't it. Fauxohontas wants the government to pay for all college education -- with the government in charge of everything.

Does our fake Indian Princess have an idea how to pay for it?

 

[Rolyo85]

College students can always get a job .. lowing paying even will help -- someone has to flip those burgers.

How much does the supposed libertarian want the government to pay? If your rate is 0.75% you might as well provide free college degrees.

Ahhhh.. That's the point isn't it. Fauxohontas wants the government to pay for all college education -- with the government in charge of everything.

Does our fake Indian Princess have an idea how to pay for it?

Ignoring your pathetic partisan rant, are you aware of the cost of education and the payment for flipping burgers? MOST students already work. That's how they pay living expenses and bills. NOTHING is left for tuition.

 

[Durango95]

I worked my way through school. I didn't go to an ivy league school. I had a few years of hard knocks. I bought my first new car when I was 32. I got my first credit card when I was 29. I now make a very comfortable living. In actuality I make more than a few guys I know that went to ivy league schools.

As it stands right now, businessmen are hiring people that can actually do the job. I don't know of anyone that is looking at the school first for employees, especially first hires. The thing they look at first is a hands-on internship, even if it was just a summer thing. In my business, education isn't important at all. So there is that facet too.

I work with a few guys that have advanced degrees from pretty heavy duty schools that are not currently using them. It is good they have something else they can depend on for generating income. These guys are in the very narrow percentage of the population. Actually a lot of my guys are working doing the modeling thing to repay the student loans. Many can do it without too much pain within a few years.

 

[Rolyo85]

What a touching story. Must be because you're so American.

Oh, this just in - not all fields are business.

 

[HenryReardon]

. Too bad my Daddy wasn't a multimillionaire with connections.

You just can't get rid of that wealth envy and class envy, can you? What a shame.

 

[Rolyo85]

It's not really envy so much as recognition of facts.

 

[opinterph]

My actual problem with it is I can't tell (yet) if it is just meant for college students, or for loans to go to any sort of school where a diploma/certificate is expected to result in skills that should bring a higher income.

It is my impression that the proposed law would apply to Stafford Loans, which are intended to help students finance their enrollment in accredited two-year or four-year public or private colleges, universities, or trade schools.

 

[opinterph]

you might as well provide free college degrees.

I don’t follow your logic. The proposed law would make funds available for one year at the discount window rate.

 

[opinterph]

How many don't improve their lot? Got stats to prove your point?

I see now.....if some don't improve their lot then no one should get student loans.

Besides, education and knowledge is priceless. Knowledge is an improvement no matter what they do with it.

Not according to the uber-liberal LA Times

The LA Times is merely relating information published by Moody’s. Many US colleges and universities are facing decreasing enrollment and declines in tuition revenue.

The cumulative effects of years of depressed family income and net worth, as well as uncertain job prospects for many recent graduates, are combining to soften student market demand at current tuition prices.

Moody's: One-third of US colleges facing falling or stagnant tuition revenues

 

[opinterph]

Student loans are very risky …

Ordering the banks to lose money on student loans will simply drive mores out of the business.

Stafford Loans are backed by the full faith and credit of the United States. There is no risk to banks.

 

[Jack Springer]

I don’t follow your logic. The proposed law would make funds available for one year at the discount window rate.

One year this year ... and then two years . ... and then why not all.

 

[chance1]

What a touching story. Must be because you're so American.

Oh, this just in - not all fields are business.

i like his story better than yours

you get 90% paid - he did it on his own

pretty simple stuff

and i love there's the "no cheap music schools" and the knock on plumbing

makes me think of obama on the campaign trail

bottom line is kids should get access to public schools at a discount rate and in return they provide time afterwards to help city/state/federal

sorta like the armed forces does it

 

[Jack Springer]

^^^

'Clinging to their oboes and violins?'

 

[Rolyo85]

i like his story better than yours

you get 90% paid - he did it on his own

pretty simple stuff

and i love there's the "no cheap music schools" and the knock on plumbing

makes me think of obama on the campaign trail

bottom line is kids should get access to public schools at a discount rate and in return they provide time afterwards to help city/state/federal

sorta like the armed forces does it

I have 90% scholarship because unlike him, I haven't simply done the exams everybody does, but have had to play in an audition, in front of a jury, in order to get into school. What we do is individually judged, and scholarship for us is merit-based.

In fact, you wouldn't have written ANY of this bullshit if you knew ANYTHING about the field of music and how it's taught.

 

[opinterph]

In fact, you wouldn't have written ANY of this bullshit if you knew ANYTHING about the field of music and how it's taught.

One of my friends received a similar merit scholarship at the Manhattan School of Music.

 

[chance1]

I have 90% scholarship because unlike him, I haven't simply done the exams everybody does, but have had to play in an audition, in front of a jury, in order to get into school. What we do is individually judged, and scholarship for us is merit-based.

In fact, you wouldn't have written ANY of this bullshit if you knew ANYTHING about the field of music and how it's taught.

i have many friends who are musicians

i live in a neighborhood full of actors and musicians

they work very hard in catering, waiting tables, doing retail work (sample sales) in addition to auditioning for gigs

perhaps that's your future - not sure you'd handle it as well as them frankly

 

[Rolyo85]

i have many friends who are musicians

i live in a neighborhood full of actors and musicians

they work very hard in catering, waiting tables, doing retail work (sample sales) in addition to auditioning for gigs

perhaps that's your future - not sure you'd handle it as well as them frankly

Classical musicians? Doubt it. We work within our own field usually. Either way, on a student visa, I am not allowed to do non-music related work here, so all my work is with orchestras and churches. But keep trying to randomly attack me for no reason. The picture of the elitist snob who gets everything handed to him is really hilarious when you try to fit it on me.

Also known as "you're really grasping, aren't you?"