Biden/Harris: A Presidency for All Americans

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  • Commando
    Explosivo
    • Feb 2009
    • 20748

    #1336
    Originally posted by Jeff Lebowski View Post

    My 3L Harvard law school son in law qualifies. Thanks Biden!
    And why wouldn’t he? Don’t tell me he doesn’t make over $125k a year side-gigging as a 3L? Tsk tsk lazy. He could learn a thing or two from some of the fb posts I’ve seen today from some serious badasses who pay their loans back and need everyone to know it…
    "I'm anti, can't no government handle a commando / Your man don't want it, Trump's a bitch! I'll make his whole brand go under,"

    Comment

    • Moliere
      One man.....one pie
      • Oct 2009
      • 27880

      #1337
      Originally posted by Jeff Lebowski View Post

      My 3L Harvard law school son in law qualifies. Thanks Biden!
      If anyone needs the money, it’s Harvard law graduates!

      Why does anyone pay tuition at Harvard anyway? They have over $40 billion in their endowment. That money should be taxed if it’s just sitting there not being spent
      "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

      Comment

      • Jeff Lebowski
        Corporate lackey for Jesus
        • Nov 2008
        • 69703

        #1338
        Originally posted by Moliere View Post

        If anyone needs the money, it’s Harvard law graduates!

        Why does anyone pay tuition at Harvard anyway? They have over $40 billion in their endowment. That money should be taxed if it’s just sitting there not being spent
        Don’t get me started.
        "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
        "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
        "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

        Comment

        • Maximus
          Senior Member
          • Sep 2009
          • 6021

          #1339
          Would you have been ok with a lower eligibility threshold?

          For every person that doesn't need it I'm sure there is someone who does

          Comment

          • Uncle Ted
            The Big 12 money shot.
            • Apr 2010
            • 28853

            #1340
            Originally posted by Moliere View Post

            If anyone needs the money, it’s Harvard law graduates!

            Why does anyone pay tuition at Harvard anyway? They have over $40 billion in their endowment. That money should be taxed if it’s just sitting there not being spent
            Speaking of sarcasm... The Babylon Bee has been having a lot of fun with this one:

            PORTLAND, OR — President Biden has recently announced that he will be canceling $10,000 in student loan debt for all borrowers who cannot pay for loans they were forced into against their will. Local man Anthony Harb has agreed to recount his gut-wrenching and harrowing story of how he was coerced at gunpoint below:


            NEW YORK, NY — New York Representative Alexandria Ocasio-Cortez showed her solidarity with Biden's move to use poor taxpayers' money to pay off wealthier Americans' student loan debt, donning a "Tax The Poor" dress and posing for pictures.


            Canceling debts is popular! As it turns out, Americans love it when the consequences of their own poor choices are paid for by others. To give the people what they want, Biden has announced plans to cancel these other debts as well:


            WASHINGTON, D.C. — On the heels of news that the Biden Administration is forgiving tens of thousands of dollars' worth of student loan debt, House Speaker Nancy Pelosi began pushing the White House to offer the same relief to Americans with outstanding bar tabs.


            CAMBRIDGE, MA — President Biden announced plans today to forgive $10,000 in student loan debt for anyone making less than $125k per year. In completely unrelated news, the nation's colleges and universities announced plans to immediately raise tuition by $10,000.


            CAMBRIDGE, MA — Harvard University announced Friday that they have recruited U.S. Senator Elizabeth Warren to teach a class on why college is so expensive. Warren, who still has senatorial duties, will be teaching the course on a part-time basis for a modest fee of $400,000 per semester.


            We applaud you for stepping up and allowing the government to take your money and invest it in the education of complete strangers, just as good and faithful Christians should.


            U.S. — A surprising new study found that the average lifetime earnings of graduates who have earned a gender studies degree rose sharply to $10,000 this week.


            "If there is one thing I am, it's always right." -Ted Nugent.
            "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
            "Yet I still see wisdom in that which Uncle Ted posts." -creek.
            GIVE 'EM HELL, BRIGHAM!

            Comment

            • LVAllen
              Senior Member
              • Oct 2013
              • 3272

              #1341
              Originally posted by Moliere View Post

              If anyone needs the money, it’s Harvard law graduates!

              Why does anyone pay tuition at Harvard anyway? They have over $40 billion in their endowment. That money should be taxed if it’s just sitting there not being spent
              At least for Hahvahd undergrad, if your family's income is below $75k, there is no expected family contribution. They attend tuition-free.

              Comment

              • Moliere
                One man.....one pie
                • Oct 2009
                • 27880

                #1342
                Originally posted by Maximus View Post
                Would you have been ok with a lower eligibility threshold?

                For every person that doesn't need it I'm sure there is someone who does
                No, the problem isn’t the eligibility threshold, although that helps. A degree increases earnings throughout life, not just at a ping in time. A 3L student at Harvard doesn’t need their loans forgiven. They’ll make close to the threshold in their first coule years of working.

                I think the best solution is to allow the debt to be discharged in bankruptcy. Loans would be more difficult to get, ut that might be a good thing, and people would have a way to discharge them if they needed to.
                "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                Comment

                • Commando
                  Explosivo
                  • Feb 2009
                  • 20748

                  #1343
                  Originally posted by Moliere View Post

                  I think the best solution is to allow the debt to be discharged in bankruptcy. Loans would be more difficult to get, ut that might be a good thing, and people would have a way to discharge them if they needed to.
                  Definitely would have a cooling effect on going to college. Not sure if that is what we want.
                  "I'm anti, can't no government handle a commando / Your man don't want it, Trump's a bitch! I'll make his whole brand go under,"

                  Comment

                  • Maximus
                    Senior Member
                    • Sep 2009
                    • 6021

                    #1344
                    Originally posted by Moliere View Post

                    No, the problem isn’t the eligibility threshold, although that helps. A degree increases earnings throughout life, not just at a ping in time. A 3L student at Harvard doesn’t need their loans forgiven. They’ll make close to the threshold in their first coule years of working.

                    I think the best solution is to allow the debt to be discharged in bankruptcy. Loans would be more difficult to get, ut that might be a good thing, and people would have a way to discharge them if they needed to.
                    But everyone benefits from said populace being educated. They don't need it...corps don't need their tax cuts etc. But we don't complain nearly as much

                    Comment

                    • Bo Diddley
                      Senior
                      • Jul 2012
                      • 18790

                      #1345
                      Originally posted by Commando View Post

                      Definitely would have a cooling effect on going to college. Not sure if that is what we want.
                      I'm not sure that's the case. Right now students know (or knew before all this loan forgiveness) that student loans didn't ever go away until they paid them off. If bankruptcy were a realistic option, more students might decide they were a good option to use. I wonder how many would rack up loans with the idea of a bankruptcy when they were through with school.

                      Comment

                      • BigFatMeanie
                        Senior Member
                        • Nov 2008
                        • 7114

                        #1346
                        Originally posted by Maximus View Post

                        But everyone benefits from said populace being educated. They don't need it...corps don't need their tax cuts etc. But we don't complain nearly as much
                        Yeah, I can definitely feel myself benefiting people being educated in the following actual majors:

                        Adventure Education
                        American Popular Culture
                        American Studies and Ethnicity (African American Studies)
                        American Studies and Ethnicity (Asian American Studies)
                        American Studies and Ethnicity
                        Astrobiology
                        Bagpiping (this one comes from my own Alma Mater)
                        Central European Studies
                        Comparative Literature
                        East Asian Area Studies
                        Feminist Theory
                        Gender and Sexuality Studies
                        Global Studies
                        Jazz Studies
                        Jewish Studies
                        Latin American and Iberian Cultures, Media and Politics
                        Middle East Studies
                        Narrative Studies
                        Non-governmental Organizations and Social Change

                        Comment

                        • Maximus
                          Senior Member
                          • Sep 2009
                          • 6021

                          #1347
                          Originally posted by BigFatMeanie View Post

                          Yeah, I can definitely feel myself benefiting people being educated in the following actual majors:

                          Adventure Education
                          American Popular Culture
                          American Studies and Ethnicity (African American Studies)
                          American Studies and Ethnicity (Asian American Studies)
                          American Studies and Ethnicity
                          Astrobiology
                          Bagpiping (this one comes from my own Alma Mater)
                          Central European Studies
                          Comparative Literature
                          East Asian Area Studies
                          Feminist Theory
                          Gender and Sexuality Studies
                          Global Studies
                          Jazz Studies
                          Jewish Studies
                          Latin American and Iberian Cultures, Media and Politics
                          Middle East Studies
                          Narrative Studies
                          Non-governmental Organizations and Social Change
                          sounds terrible for people to be educated in general subjects

                          Comment

                          • Moliere
                            One man.....one pie
                            • Oct 2009
                            • 27880

                            #1348
                            Originally posted by Commando View Post

                            Definitely would have a cooling effect on going to college. Not sure if that is what we want.
                            Yes, no doubt. I’m not sure that’s a bad thing. People would take loans seriously and colleges would have to become more affordable. You can also increase needs based pell grants.

                            But again, there are affordable options to obtain just as good of an education. Putting more money to trade schools and community college would be better as well. Electricians, plumbers, and other craftsman deserve help more than history majors.
                            "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                            Comment

                            • Uncle Ted
                              The Big 12 money shot.
                              • Apr 2010
                              • 28853

                              #1349
                              Originally posted by Moliere View Post

                              Yes, no doubt. I’m not sure that’s a bad thing. People would take loans seriously and colleges would have to become more affordable. You can also increase needs based pell grants.

                              But again, there are affordable options to obtain just as good of an education. Putting more money to trade schools and community college would be better as well. Electricians, plumbers, and other craftsman deserve help more than history majors.
                              Yes, folks should be encouraged to go to trade schools. The only people that need to go to college are doctors, lawyers, and engineers... well, accountants too.
                              "If there is one thing I am, it's always right." -Ted Nugent.
                              "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
                              "Yet I still see wisdom in that which Uncle Ted posts." -creek.
                              GIVE 'EM HELL, BRIGHAM!

                              Comment

                              • Jeff Lebowski
                                Corporate lackey for Jesus
                                • Nov 2008
                                • 69703

                                #1350
                                Originally posted by Maximus View Post

                                sounds terrible for people to be educated in general subjects
                                We have a huge problem in higher ed right now. The cost of a college education is going way up due to the proliferation of student loan programs. Because of all this easy money, tuition is way up and colleges are hiring tons of administrators/middle managers. And people going into six-figure debt for one of the degrees BFM listed is a huge financial mistake and yet another unintended consequence of the student loan system. We need to do some fundamental things to fix this, but putting a pause on loan payments and forgiving debt is the absolute worst thing we could do.
                                "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
                                "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
                                "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

                                Comment

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