The Sage of Main Street
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- Sep 15, 2016
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Athletes Provide an Entertainment Center for Your Degenerate Preppy IdolsWTF are people still not understanding about how and why tuitions in America are the most inflated thing on this planet. Government guarantees the loan. Because banks know the loans HAVE to be paid back and you can’t declare bankruptcy, they give you as much money as possible. Colleges know students are having loan money thrown at them so they’ll let students take as many classes as they please, including fake as shit classes. This isn’t that hard to figure out.'A clear divide exists among 2020 presidential Democrats who are rolling out plans to tackle the student debt crisis, whether tuition-free or debt-free policies are the way to win voter support.
By the numbers: Student debt in the United States has reached $1.5 trillion, and is responsible for much of millennials and generation Z's anguish.
In Congress
Tuition free
- Congressional committees have launched hearings to reauthorize the Higher Education Act, which looks to discuss more affordability in college costs, student loan programs and more. Sen. Brian Schatz (D-Hawaii) and Rep. Mark Pocan (D-Wisc.) reintroduced legislation to help students become debt free within 5 years of graduating.
These programs provide students 2 years of free tuition at participating state community colleges, associate-degree programs and vocational schools. The majority fall into the category of "last dollar" scholarships, indicating the program pays the difference in tuition after financial aid and grants have kicked in, per CNBC.
Debt free
- Sen. Bernie Sanders (I-Vt.) is still running on his 2016 campaign promise to make college tuition free and debt free. In 2016, Sanders introduced a bill called the "College for All Act," making public college tuition-free to students through a partnership between the federal government.
- Former HUD Secretary Julián Castro supports tuition-free college.
- Rep. Tulsi Gabbard (D-Hawaii) wants to eliminate tuition and fees at 4-year public colleges and universities. She also supports free community college tuition for everyone.
- New-age spiritual guru Marianne Williamson supports universal pre-school and free college.
This idea aims to cover the costs associated with attending public college without requiring students to take out loans, by establishing federal matches for state spending on higher education and using those funds to fill unmet need for people pursuing degrees
Refinance student loans
- Sen. Elizabeth Warren (D-Mass.) is running her campaign on students being debt free by using proceeds from her wealth tax. Warren is a co-sponsor for the Schatz-Pocan bill and the Sanders bill. She has sponsored and co-sponsored several others including one in 2014 that allowed federal student loan borrowers to refinance their debt at a lower interest rate.
- Sen. Kamala Harris (D-Calif.): She believes universal pre-K and college should be a "fundamental right," to be debt-free, The Atlantic reports. She is a co-sponsor for the Schatz-Pocan bill and the Sanders bill.
- Sen. Cory Booker (D-N.J.): Introduced a bill in 2018 for baby bonds, which attempted to close the racial-wealth gap in education. Booker is a co-sponsor for the Schatz-Pocan bill.
- Former Texas representative Beto O’Rourke has supported debt-free ideals. In 2018, he tweeted: "We should allow Texans who commit to working in in-demand fields and in underserved communities the chance to graduate debt free." O`Rourke co-sponsored Student Loan Affordability Act until 2015.
- Former tech executive Andrew Yang: Debt forgiveness plans and loan repayment plans, according to his campaign website.
Mixed statements
- Sen. Amy Klobuchar (D-Minn.) rejected the idea of tuition-free college at a CNN town hall, but called for has called for free 2-year community college degrees. She offered up the idea to refinance loans and expand Pell grants.
- Former representative John Delaney has called for reforming bankruptcy laws so student loan debt can be discharged like all other debts as well as refinancing.
Debt-free college: Where the 2020 presidential candidates stand
- Sen. Kirsten Gillibrand (D-N.Y.) is a co-sponsor for the Schatz-Pocan bill and the Sanders bill. In February, she tweeted she'd "allow all students to refinance their loans at 4%" if she were elected president.'
I can understand universal healthcare and the $15 minimum wage (I don't fully agree with them - but I can certainly understand the logic behind them).
But this is just bat shit nuts.
No one put a fucking gun to these students heads to go massively into debt...it was 100% their choosing. Why the 'f' do students suddenly deserve to have their tuition paid off by taxpayers? Why this generation and not previous generations? And what makes student loans more important then mortgages? Or business loans? Why have taxpayers pay off student loans but do nothing for low income people with heavy mortgages/debts or business loans (NOT that I am for paying those off either - but at least they make far more sense then just paying off student loans)? What is fucking next? Progressives want taxpayers to pay off their credit cards? Car payments? Gambling debts?
This is progressives being flat out selfish. Many progressives are under 30 with HUGE student debt. So naturally their first thought is themselves.
I will say it again - HELLO? You people voluntarily took the huge student loans. You have no one to blame for them but yourselves. They are 100% YOUR responsibility. Stop pawning your bad decisions on to the rest of America. You fucked up - you get yourselves out of it. It's called 'taking responsibility for your actions'. DUH.
So much for the lie that college athletes get what the Preppies and no other students get because they make money for the university so it won't have to charge higher tuition.