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There is no real "debt", that's a misnomer, it's simply a ledger of how much money assets are in the economy, being saved in treasury bonds. The federal government can't go insolvent because it is the exclusive issuer of the dollar. You're confusing micro and macro economics, household debt, with a government with a sovereign currency. They're both not the same.
More, tuition-free college, is an investment that will benefit the country tremendously. Having a well-educated and skilled populace benefits everyone.
My reaction to that is - stop all forms of welfare abuseThe billionaires, the big companies, they're the welfare bums. Social programs should be adequately funded and we will increase public health, education, and productivity. We will get rid of poverty.
This is only for dead beats, responsible adults just get to help pay for others being irresponsible.
The European view here is simpler...I am generally not a fan of this. I don't necessarily agree with the premise that we're eating the bill for it, as those loans were already disbursed. But I kind of agree with Larry Summers in that this could lead to inflationary pressure going back in the wrong direction. Beyond that, I think it's just opening up a major can of worms. Like who decides that someone earning $100-125K (which is still a decent income by the way) should get loan exemptions, but someone earning $130K or 150K should not? Just not a good idea.
The elderly are slowly getting screwed. The extortion of their paychecks for many decades were made of promises to be paid back. But the costs of many services have increased in massive ways. For a few decades until recently seniors rode the top of the living ladder. Those with great pensions from their employers are still doing great. But many are not so fortunate and are falling behind. For socialism those with great pensions must be taxed higher to stop or slow the regressions of those who are falling behind.Tis the way of our country for the last 100 years
So who are doing better? The Western Europeans and Americans or the Chinese at this point?The European view here is simpler...
How far you go in education should not be determined by how wealthy your parents are OR how much personal debt you can take...
Fundamentally Education is something that we got for free and something we should be passing on for free... We should not make young adults have to take the burden of it. The older generation didn't have to take it...
Education should be based on the individuals
Young Adults should be given a blank slate to be able to progress without debt and the payments of that debt.
- Choice
- Ability
- Hard work
Guess what.. Tax is a far better and fairer way to have them pay.
This creates a social change in workers... In Europe after a leaving college many kids actually take a year or two and travel, Ireland favourite is Australia and Canada. They travel educated and take jobs related to their education, what they learn is actually an alternative way to there home country way of doing things. This brings in new ideas and ways of working. You still hear various professions discuss the way things are done in many countries around the world and the advantages and disadvantages of all of them... Imagine how much better workers these relatively young people are..
The new workers, work to live and want to bring that attitude with them too... They become more focused on supporting families unlike in the US..
Young Adults should be given a blank slate to be able to progress without debt and the payments of that debt.
That's what I'm wondering. If so... There's a real opportunity here.Will people be able to take out a $10,000 school loan in 2023 and not have to pay it back? 2024? The future?
The European view here is simpler...
How far you go in education should not be determined by how wealthy your parents are OR how much personal debt you can take...
Fundamentally Education is something that we got for free and something we should be passing on for free... We should not make young adults have to take the burden of it. The older generation didn't have to take it...
Education should be based on the individuals
Young Adults should be given a blank slate to be able to progress without debt and the payments of that debt.
- Choice
- Ability
- Hard work
Guess what.. Tax is a far better and fairer way to have them pay.
This creates a social change in workers... In Europe after a leaving college many kids actually take a year or two and travel, Ireland favourite is Australia and Canada. They travel educated and take jobs related to their education, what they learn is actually an alternative way to there home country way of doing things. This brings in new ideas and ways of working. You still hear various professions discuss the way things are done in many countries around the world and the advantages and disadvantages of all of them... Imagine how much better workers these relatively young people are..
The new workers, work to live and want to bring that attitude with them too... They become more focused on supporting families unlike in the US..
Right, so Republicans 70 years ago think like Republicans today, huh?
If one has a social education then all the school/college/university is doing is selling you a diploma/degree because most socially educated people cannot achieve passing college grades at the academic level.The sheepskin is worth much more than then what is taught.
The European view here is simpler...
How far you go in education should not be determined by how wealthy your parents are OR how much personal debt you can take...
Fundamentally Education is something that we got for free and something we should be passing on for free... We should not make young adults have to take the burden of it. The older generation didn't have to take it...
Education should be based on the individuals
Young Adults should be given a blank slate to be able to progress without debt and the payments of that debt.
- Choice
- Ability
- Hard work
Guess what.. Tax is a far better and fairer way to have them pay.
This creates a social change in workers... In Europe after a leaving college many kids actually take a year or two and travel, Ireland favourite is Australia and Canada. They travel educated and take jobs related to their education, what they learn is actually an alternative way to there home country way of doing things. This brings in new ideas and ways of working. You still hear various professions discuss the way things are done in many countries around the world and the advantages and disadvantages of all of them... Imagine how much better workers these relatively young people are..
The new workers, work to live and want to bring that attitude with them too... They become more focused on supporting families unlike in the US..
The college academics are greedy bastards who just want as much money as they can getA more serious reply...
We used to have a better system, one that was far more affordable. But many state governments stopped funding their higher education systems, which became more and more privatized even though they're officially 'public' universities. The schools adopted a commercialized marketplace model in which they compete with each other for student tuition money. They compete by adding all sorts of quality of student life amenities such as fancy dorms, fitness centers, fancy cafeterias and food courts - things that really aren't necessary to improve education but costs loads of money that are ultimately paid for through rising tuition fees, and other expensive fees like on-campus parking. Schools in turn rely on a 'flexible' workforce of inexperienced, undereducated adjunct instructors to have most of the student-facing teaching/learning experiences in years 1 and 2.
And we wonder why most of the population believes in crazy conspiracy theories.
and always will beCommunism is the future,
TRANSLATION: stealing from others...but before that there will be a process of socializing production.
...the academic term for felonyThat process is called socialism.
The good, the bad, and the uglyAdvanced technology ensures that production will become socialist and then communist.
When I was much younger the nation went into a social education mode. Liberal Arts as the way to go. It was pushed to open up all our minds. It only works if you came from a restrictive environment. Many people do not or are not from that environment. Extremism came from those who were already leftward. And now we see the results. The whole system is pure mind thinking now. With a dystopian way of thinking that will see someone argue and even attack another while they slowly starve and live without a roof over their head. Globalist ingenious propaganda to the subjects of their utopia.If one has a social education then all the school/college/university is doing is selling you a diploma/degree because most socially educated people cannot achieve passing college grades at the academic level.
On Quality of Life Western Europe...So who are doing better? The Western Europeans and Americans or the Chinese at this point?
C'mon. Free shit!
So if you’re making 125 grand a year, those making half that will pay for your college loans. Fucking awesome.
On Quality of Life Western Europe...
Overall Western Europe has
- Lower poverty
- Higher life expectancy
- Lower working week
- Higher workers rights
- Better Environmental laws
- Higher Healthcare coverage
- Better Educated
The college academics are greedy bastards who just want as much money as they can get
A more serious reply...
We used to have a better system, one that was far more affordable. But many state governments stopped funding their higher education systems, which became more and more privatized even though they're officially 'public' universities. The schools adopted a commercialized marketplace model in which they compete with each other for student tuition money.
