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Posted on 4/27/15 at 9:56 am to Stonehog
So it's not paying back "whenever."
Interesting.
Interesting.
Posted on 4/27/15 at 9:59 am to the808bass
quote:
So it's not paying back "whenever."
Not if you do PSLF.
But there's no time limit on when to pay back student loans.
Posted on 4/27/15 at 10:07 am to Stonehog
How many qualifiers do you need to add to your argument to get the answer you want?
Posted on 4/27/15 at 10:14 am to the808bass
It's Best to never engage in a discussion/argument with Stonehog. It is difficult to reason with someone that can't even count to potato.
Posted on 4/27/15 at 10:29 am to Stonehog
Well, it's called a student loan, so this implies it's expected to be paid back. So long as it's paid back, no I have no issue with it.
Posted on 4/27/15 at 10:37 am to 2smooth
quote:
Link?
He's talking about some loan forgiveness programs depending on the type of work you get into (i.e. Social services, teaching, police department, etc). And it's not as simple as you just make payments for 10 years.
Posted on 4/27/15 at 10:39 am to the808bass
quote:
So it's not paying back "whenever." Interesting.
Can I tell them it's "whenever"? I could always use that payment for something else.
Posted on 4/27/15 at 10:41 am to Stonehog
quote:
quote:
No, because I have already paid mine back in full.
So you needed money, and the government gave it to you.
Whether you paid it back or not is irrelevant, the government helped you when you had no other options.
This is so stupid it hurts my brain to read it.
I guess that the banks are giving hand outs too?
If you pay it back, with interest, it isn't a hand-out.
Posted on 4/27/15 at 10:48 am to Stonehog
No, because you have to pay them back or suffer the consequences.
Real government handouts like food stamps, WIC, etc never have to be paid back, thus making them handouts.
Real government handouts like food stamps, WIC, etc never have to be paid back, thus making them handouts.
Posted on 4/27/15 at 10:58 am to Stonehog
Investing in education isn't a bad thing. I know there are some militant neo-cons here, but the government is using a handout to give the lowest percentage point for a loan you can get, and good on them. Sure there is waste, and people default on the loan, but so what? In the grand scheme there are a lot bigger things for people to get all riled up over.
Posted on 4/27/15 at 11:01 am to TeLeFaWx
quote:
Investing in education isn't a bad thing. I know there are some militant neo-cons here, but the government is using a handout to give the lowest percentage point for a loan you can get, and good on them. Sure there is waste, and people default on the loan, but so what? In the grand scheme there are a lot bigger things for people to get all riled up over.
This. We're far behind many first world nations when it comes to education today. Trying to help our population become more educated is not a bad thing.
Posted on 4/27/15 at 11:04 am to TeLeFaWx
quote:
Investing in education isn't a bad thing. I know there are some militant neo-cons here, but the government is using a handout to give the lowest percentage point for a loan you can get, and good on them.
I see what you're saying, but how is it a handout if there's an expectation of repayment?
Forget the interest rate, a loan is still a loan.
Posted on 4/27/15 at 11:10 am to Vols&Shaft83
quote:
I see what you're saying, but how is it a handout if there's an expectation of repayment?
Forget the interest rate, a loan is still a loan.
The program is subsidized in one way or another. It's a redistribution of wealth for people that didn't necessarily earn it. Yes. There are parts of the program that aren't that way, but there is an influx of tax money to make it work, and the only way to receive it is to put your name in the machine.
And this isn't a bad thing. I'm a libertarian. I'll most likely only vote Republican til the day I die, but I think a lot of your are so off base that the word "hand out" makes you morally opposed to it. There are certain buzzwords that illicit an emotional response, and that makes y'all puppets. Investment in education, even if it results in a hand-out in a way, isn't a bad thing.
Posted on 4/27/15 at 11:12 am to Stonehog
Posted on 4/27/15 at 11:16 am to TeLeFaWx
quote:
but I think a lot of your are so off base that the word "hand out" makes you morally opposed to it. There are certain buzzwords that illicit an emotional response, and that makes y'all puppets. Investment in education, even if it results in a hand-out in a way, isn't a bad thing.
I'm in agreement with you, but I just don't see it as a "handout". At least not for the students. As I mentioned earlier though, I do believe it's a handout for the banks.
Posted on 4/27/15 at 11:23 am to Stonehog
And you're taking it out of context when you don't use the full definition:
hand·out
'hand?out/
noun
1.
something given free to a needy person or organization.
"hundreds of thousands of refugees subsist on international handouts"
synonyms: charity, aid, benefit, financial support, donations, subsidies, welfare; historicalalms
"she existed on handouts"
2.
printed information provided free of charge, especially to accompany a lecture or advertise something.
"she was shocked when she saw a one-page handout condemning her campaign"
synonyms: leaflet, pamphlet, brochure, fact sheet; More
Student loans that are paid back are not by definition a "handout". "Free" is the kicker here.
hand·out
'hand?out/
noun
1.
something given free to a needy person or organization.
"hundreds of thousands of refugees subsist on international handouts"
synonyms: charity, aid, benefit, financial support, donations, subsidies, welfare; historicalalms
"she existed on handouts"
2.
printed information provided free of charge, especially to accompany a lecture or advertise something.
"she was shocked when she saw a one-page handout condemning her campaign"
synonyms: leaflet, pamphlet, brochure, fact sheet; More
Student loans that are paid back are not by definition a "handout". "Free" is the kicker here.
This post was edited on 4/27/15 at 11:25 am
Posted on 4/27/15 at 11:26 am to Vols&Shaft83
quote:
I'm in agreement with you, but I just don't see it as a "handout". At least not for the students. As I mentioned earlier though, I do believe it's a handout for the banks.
They are paying less than market value for a product simply because they can't afford it. At least when it comes to interest rates. That's a handout, IMO.
Posted on 4/27/15 at 11:29 am to TeLeFaWx
quote:
Investing in education isn't a bad thing.
I agree. I think a society's biggest responsibility is to educate its people. I would completely support tax payer funding of education through college.
The best way to minimize social and economic ills is via population control. The second best way is to educate everyone.
Posted on 4/27/15 at 11:30 am to TeLeFaWx
Now we have a discussion. Since stonehog sucks at life, lets redirect this thread. I'll try to take this on a little bit at a time.
It most definitely is not a bad thing. However, let's define what exactly we're talking about here before disagreeing just to disagree. We're talking about higher education, a degree at a 4 year University, correct?
In that case there is a lot more to take into account, it is not simply "investing in education" at that point.
Yes, having funds readily available to people who could not attend college by their own means should have an avenue to make that happen. However, there should be stipulations. In the end it is still a loan, and there are people on the hook for the investment being made - the taxpayers.
As with any fiscal issue, you always account for waste. The problem isn't that there is waste, it is the amount of waste that is being deemed acceptable. There are ways to mitigate your risk, and they should be taken advantage of.
I take exception to this statement for a number of reasons. I didn't take a "handout" from the government. My parents could have easily paid for my education on their own, but instead they chose to make me learn the hard way. I didn't take a handout to live it up for 4 years on the taxpayers' dime, with little to no care for what happened to my future.
Yes, certain buzzwords are used and they do illicit an emotional response, sometimes for no reason, but for me and my particular circumstance it stirs about great emotion.
This is where I partially disagree.
quote:
Investing in education isn't a bad thing.
It most definitely is not a bad thing. However, let's define what exactly we're talking about here before disagreeing just to disagree. We're talking about higher education, a degree at a 4 year University, correct?
In that case there is a lot more to take into account, it is not simply "investing in education" at that point.
quote:
I know there are some militant neo-cons here, but the government is using a handout to give the lowest percentage point for a loan you can get, and good on them.
Yes, having funds readily available to people who could not attend college by their own means should have an avenue to make that happen. However, there should be stipulations. In the end it is still a loan, and there are people on the hook for the investment being made - the taxpayers.
quote:
Sure there is waste, and people default on the loan, but so what?
As with any fiscal issue, you always account for waste. The problem isn't that there is waste, it is the amount of waste that is being deemed acceptable. There are ways to mitigate your risk, and they should be taken advantage of.
quote:
I think a lot of your are so off base that the word "hand out" makes you morally opposed to it. There are certain buzzwords that illicit an emotional response, and that makes y'all puppets.
I take exception to this statement for a number of reasons. I didn't take a "handout" from the government. My parents could have easily paid for my education on their own, but instead they chose to make me learn the hard way. I didn't take a handout to live it up for 4 years on the taxpayers' dime, with little to no care for what happened to my future.
Yes, certain buzzwords are used and they do illicit an emotional response, sometimes for no reason, but for me and my particular circumstance it stirs about great emotion.
quote:
Investment in education, even if it results in a hand-out in a way, isn't a bad thing.
This is where I partially disagree.
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