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In our free society, almost anyone can attend college. College comes with a price tag. Some students receive scholarships and some students receive student loans.
College in America is a wonderful thing. Unlike other societies where a career path is decided in one’s formative years, ours is one where one’s fate is decided by that individual. So, if you want to major in Lesbian Dance Theory in America, you can. You can even take out $100,000 in student loans to achieve your dreams. No one in America is stopping you.
But it seems as if now, some adults are flat-out refusing to pay back the student loans they have borrowed on “good faith” over the years. Why? Well, The New York Post highlights just a few of them and their reasons.
With the school debt that I have, there’s no way I will ever think about buying a house or settling down. It hurts seeing many Americans suffering financially while a great country such as ours has the resources it needs to make every American live a decent life.”-Yazan Alswaeer-38 years old
Alsawaeer is $118,000 in debt. Biden’s plan for student debt relief was the “one reason” Alsawaeer voted for the senile houseplant in-chief.
This was a federal con artist operation. They knew exactly what they were doing and it caused a lot of false hopes.”-Heather Helton, 39 years old
But, you’ll still keep voting Democrat, won’t you, Heather? Heather, a special education teacher is $56,000 dollars in debt.
“I’m not gonna feed this monster anymore. I’m done. This loan thing is done. People have had enough,” We’re done paying into it and done with the burdens of these loans.”-Nicholas Linkey, 31
Nicholas is $25,000 in debt and is unemployed. Shocker that he’s not going to “feed the monster”. The “monster” will continue to feed him, no doubt.
I can put everything at risk doing this. But I’m way overdone.”-Christina Winton, 47
Christina is $29,000 in debt.
There are reasons Biden’s student loan forgiveness plan needs the brakes.
What floors me is the age group of these individuals. We are not talking 25 year-olds who have graduated with their Bachelor’s degrees and are staring down student loans and attempting to find a job in the real world for the first time. These are adults over 30, some who have children, throwing their hands up in protest.
These people signed on the dotted line and took on the debt, I've paid down my debt, they can pay their debt or suffer the consequences, end of story
— MiamiMike (@o_MiamiMike_o) November 19, 2022
Some of us, back in the day, went to college and actually paid off our student loans. We worked two, sometimes three jobs, clocked in 80-hour work weeks and had to knead the dough until payday at times. It was a great pleasure to kick Sallie Mae out of my house in 2004. But these grown-ass adults don’t want to “feed the monster” anymore, they say. It’s funny that they were completely content to “feed the monster” and pay the outrageous tuition and fees their institutions of higher learning were charging during their time at college, though. Except-it was not them “feeding this monster”, it was money that was never theirs in the first place. They are not upset at the colleges and universities for this price-gouging. They are completely willing, however, to take NO responsibility for legal documents they have signed to pay off their loans. They are willing to do this in front of their children. So much for “personal responsibility”. But then again, what can you expect when college professors write essays about how “personal responsibility” is the bane of our existence?
This is what colleges churn out. These people are the very product of their college indoctrination. There is no accountability and/or personal responsibility. There is no future-thinking about the impact their flat-out refusal to take any responsibility will have on generations ahead of them to include their own family members. There is this shroud of victimhood, this dependency on institutions of higher government to take care of them. They are overdone, they say.
It’s like they’re talking about a steak. They’re “overdone”. You know what some Americans are “overdone” with? The sheer sense of entitlement that some of our other fellow Americans carry. You are not entitled to an education at a college or a university. It hurts seeing so many suffer when this country has the means to make every American live a decent life? Let’s go out on a limb here with some of these college graduates and venture a guess that none of them own flip phones or hoopties for vehicles.
I propose a moratorium on student debt for every year that those owing one work in a blue collar job. Shovel asphalt all year, your payments can be delayed, interest free. Work a white collar job, then you must pay up. Your degree got you that job.
— Stephen Perrone (@StephenPerrone1) November 19, 2022
Interesting concept considering there is a labor shortage because some individuals are being paid more to stay home and think some labor is beneath their standards and “qualifications”. This could be a start.
There is a life lesson in here somewhere for these college alums who flat-out refuse to pay their student debts and voted for the deadbeats in government who promised to alleviate them of any further responsibilities. Unfortunately, the tenured professors making over six-figures a year did not do a very good job in teaching them these lessons. Oh, the humanity!
Photo Credit: Germanna CC via Wikimedia Commons/Attribution 2.0 Generic (CC BY 2.0)/Cropped
Raid college endowments!
I cannot understand how getting a worthless degree in a field with zero prospects of financial independence is now all of ours responsibility. And, for the life of me, I cannot understand how an institution of higher learning can offer degrees such as these and not be charged with theft. But that is the racket they created by convincing idiots that a college degree was the only way to fulfill the American dream and anyone who didn’t have said degree was destined for a life of misery. Now they want those who got degrees That translate into income and those who chose to learn a trade or skill to bail them out. The solution is for those colleges and universities pay off the worthless degrees they sold with their billions in endowment monies. The alumni will go batshit crazy but heads will roll and institutions will return to usefulness…..hopefully.
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Join the Army and they will give you $50K after you complete your enlistment contract. Often for the right speciality they will give you a $10K signing bonus.
Agree with L. Grant, join the service and get paid for an education of value.
My student loans were at an all time high of 8% interest. Worked 2 jobs until the age of 45. Still managed to purchase a house and repay the loans. Quit messing around with useless degree’s and computer tech. Learn a skill and make some money. There are trades people out there that can’t give their business’s away because no one wants to work that hard. What do they think America was built on? Self pity and irresponsibility.
Move to another country and learn to feed yourselves. I am tired of footing the bills for people that take advantage of hard working individuals.
My student loans were at an all time high of 8% interest. Worked 2 jobs until the age of 45. Still managed to purchase a house and repay the loans. Quit messing around with useless degree’s and computer tech. Learn a skill and make some money. There are trades people out there that can’t give their business’s away because no one wants to work that hard. What do they think America was built on? Self pity and irresponsibility.
Move to another country and learn to feed yourselves. I am tired of footing the bills for people that take advantage of hard working individuals.
These people are no different than the flash mobs of criminals ransacking stores because, “They’re done. This buying thing is done. People have had enough,” We’re done paying and done with the burdens of earning money for our bread and butter.”
Maybe those of us who pay our bills, work for a living, are done with the self entitled fools, the thugs looting stores and burning cities.. maybe we’ve “overdone” too.. if these spoiled brats keep pushing, FAFO may come into play, and they may just find out what happens when those of us who contribute to society REALLY decide we’re “done”.. I don’t think they’ll like the way that turns out…
I’m old enough to remember the days when being in debt and refusing to pay it back was seen as a bad thing.
Not being able to borrow money without an immediate way to pay it back was also in-play in that era.
People who couldn’t get a mortgage, even if it was cosigned, for a concrete transferable tangible asset such as a home, were granted student loans, Then some of those people, who still couldn’t get a mortgage even if it was cosigned, got forebearances and extensions on those loans, quickly pushing the loans into un-payable, bad loan, territory [i.e., $230,000+ loan due on the borrowing of ~< $17,000], without debt relief generally granted to nearly every other debtor. Should they get relief? I'm not sure, but I think, if many of those people had their loans reduced to the original total amount borrowed, plus some smaller fees or penalties, those would be more readily, and happily satisfied by these debtors.
It might not be a scam, it might not (necessarily) be predatory lending, but it is more akin to the sallie-mae home bailout than anything else.
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