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B777Fr8Dog
Joined: 01/05/2001
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It’s a blatant vote bribe, should eventually get struck down by SCOTUS.

** Edited by B777Fr8Dog at 8/25/2022, 9:53:19 AM
Posted: 08/25/2022 at 09:53 AM ET
(In response to this post by coshokie)

Thread Replies (53)

Full Thread →
Am I missing something on this 10k loan forgiveness?
coshokie 08/25/22 09:38 AM ET
I'd rather have no debt in your position than be in debt
ElbertoHokie 08/26/22 09:19 AM ET
I'm missing the responsible vs irresponsible categorization. Is everyone
UTPr0sim 08/25/22 01:31 PM ET
Bingo. **
ElbertoHokie 08/26/22 09:09 AM ET
It's real simple...
Beerman 08/25/22 02:55 PM ET
I wasn't categorizing anyone as responsible or irresponsible
coshokie 08/25/22 02:24 PM ET
"Everyone"? No. Like most things that get turned to black and white...
vthokieq 08/25/22 01:39 PM ET
On one hand I feel that students are lied to by their parents/teachers
HokieNoVA 08/25/22 11:05 AM ET
There was a simple mantra "college grads make more lifetime than HS grads"
`lag 08/25/22 02:37 PM ET
Not going to college was never an option at home.
GSOHokie01 08/25/22 12:48 PM ET
Concur on being sold a lie.
Tafkam Hokie 08/25/22 11:20 AM ET
Both are true.
vthokieq 08/25/22 11:16 AM ET
I am also
VTUD 08/25/22 11:01 AM ET
They should have just frozen interest
WestyHokie 08/25/22 10:41 AM ET
I would have been fine with this because the "money" that the govt
ElbertoHokie 08/25/22 01:24 PM ET
how does it penalize responsible people?
ShockWaveVT 08/25/22 11:22 AM ET
Not even a band aid. The wound is still bleeding
Beerman 08/25/22 01:58 PM ET
Yep and none of this even addresses the private student loans people get
Hokie1744 08/25/22 02:11 PM ET
Let me give you an example ...
WestyHokie 08/25/22 01:23 PM ET
one follow-up question
ShockWaveVT 08/25/22 09:29 PM ET
PPP loan forgiveness came with three conditions
WestyHokie 08/26/22 07:59 AM ET
Yep. I keep laughing at all of the talking heads, etc that are trying to
vt90 08/25/22 02:36 PM ET
It penalizes ...
vt90 08/25/22 12:36 PM ET
The debt doesn't go away it just gets transferred. It's not magic...
Hokiehouse7 08/25/22 11:51 AM ET
Cosign this ^^
hokiegoatzz 08/25/22 10:53 AM ET
well the problem is that in the early 90's you could go to school for less
bigbadbird 08/25/22 10:35 AM ET
No doubt. My 2 complaints are that it didn't go through Congress
Hokiehouse7 08/25/22 10:03 AM ET
the reason it costs so much to go to college, is loans
Vienna_Hokie 08/25/22 11:56 AM ET
This is a more reasoned response. Fixing the system should be job 1. I know
RhinoVT 08/25/22 10:10 AM ET
but the extreme cost of schooling is caused by the availability of loans**
Vienna_Hokie 08/25/22 03:39 PM ET
This kind of fits my quip about student loans being for the schools...
`lag 08/25/22 10:36 AM ET
right it created a little empire for the sweatervests
bigbadbird 08/25/22 10:48 AM ET
Add this type of funding plus the grant money & boom... you get a lot of
Vtskier1 08/25/22 11:31 AM ET
academia went from a vow of poverty to a lucrative career **
bigbadbird 08/25/22 11:33 AM ET
It's a simple manipulation of supply and demand
hokiehunter07 08/25/22 10:25 AM ET
I'd argue that each degree should cost more / less based on the value of
ME Hokie 07 08/25/22 12:54 PM ET
You want to encourage good degrees and discourage mostly worthless ones...
hokiehunter07 08/25/22 04:58 PM ET
society has a vested interest in a well-educated population
ShockWaveVT 08/25/22 12:04 PM ET
The problem is what is considered education.
vthokieq 08/25/22 01:07 PM ET
Freshman roommate felt college was a "life experience". Parents pulled him
pburg_hokie 08/25/22 11:02 AM ET
the loan office is filled with people that have never worked outside of
bigbadbird 08/25/22 11:23 AM ET
One reform idea: Strictly scrutinize degree requirements for jobs.
RoswellGAHokie 08/25/22 10:57 AM ET
I do think tying the loans available to the degree makes some sense
Tafkam Hokie 08/25/22 11:13 AM ET
there are not many schools where you could go for 16 a year **
bigbadbird 08/25/22 10:36 AM ET
$16K gets you about a semester at VT once you add up all the fees.**
Tafkam Hokie 08/25/22 11:22 AM ET
in state **
bigbadbird 08/25/22 11:24 AM ET
Yeah...it was more than $16K total unless he got other money (scholarships)**
vthokieq 08/25/22 10:45 AM ET
Wait, wait. A real plan instead of just b**ching??? You do NOT belong on
RhinoVT 08/25/22 10:32 AM ET
It's $10k off of interest too
hoosnowahokie 08/25/22 10:02 AM ET
Dependent undergrad students can only borrow a small amount each year.
RoswellGAHokie 08/25/22 10:01 AM ET
I always wonder how these amounts got so high unless you go to
Hokiehouse7 08/25/22 10:08 AM ET
It’s a blatant vote bribe, should eventually get struck down by SCOTUS.
B777Fr8Dog 08/25/22 09:53 AM ET
That court case should last about 15 seconds ...
vt90 08/25/22 10:04 AM ET
Supreme Court will decide and likely overturn
TabbHokie 08/25/22 01:27 PM ET