Trump Student loan plans!

No one should have to go to a college classroom unless it is for lab work. Land based education is obsolete.

 

Many are simply not qualified to attend college. If they do, they water the curriculum down at the expense of everyone else.

- - - Updated - - -

Dumb people lacking in initiative are not suitable for college.

 

The weakness and irresponsibility of many campuses which are failing to provide a safe and tranquil place to study, by enabling separatist Muslim takeovers of religious facilities, BLM intimidators in campus libraries, and gd knows what else, indicates a general need to start taking more responsibility for what goes on under their wings.

A good way to bring to a dead stop a great deal of foolishness is embodied in this plan. If it overly weakens the liberal arts curriculum, I'm certain that we will be getting a good many expats from European universities in the next few scores of years that can ramp it back up again, by people that have seen the results of pernicious, intelligentsia-led, social experimentation.

 

Students have no business wasting the money of their parents or society by aimlessly attending college with no true goal in mind. Goal formation is what they should have been doing in high school.

 

Well, this hasn't happened yet.
I am currently a college student that gets Stafford Loans. There are presently institutions and programs of study Stafford will/won't fund.
Interesting thing some people may not know... You cannot bankrupt on government student loans. However...the interest rate and payback plan is pretty accommodating and flexible.

 

Stafford Loans give anyone who graduated high school or got their GED the opportunity to get a much more lucrative secondary education.
I hate to break it to you but US public education is tax payer funded at about 6-7k per head, per year for 13 years. College loans require repayment.

 

And you base these opinions on what exactly?

Something your heard on the Rush show?

 

No kidding. And how much does a Stafford loan provide?

My son got about $2500. The rest of his $80,000 education was either funded by cash (about half) or Sallie mae loans at friggin better than 5%. Imagine that? A private bank lending out hundreds of millions (billions) guaranteed by the government, at higher than market rate...

 

Sorry you're not able to follow the thread of conversation.

 

10k freshman year. Goes up from there but family income can affect the lending. Tops out around 12k, I believe.
Pell grants and Zell Miller (I have a 4.0) pay for all my tuition/fees. What I get from Stafford is caculated by household income, size, cost of education.. As an adult with dependents not working and taking a full load I have always gotten the max. The Georgia lottery also pretty much funds any in-state tuition for any student with a 3.0+.
20k a year, I am presumptuously assuming out of state or private? Where'd your kid go? And for what??
My inlaws paid 15k a year for my husband's lil brother to go to Kennesaw State. Way more than UGA tuition. Private college vs. State.
My son and I will be at the same college in the fall....haha.
I am not familiar with education loans outside of Stafford.
I'd consider it risky business as a lender unless there is some type of insurance for the lender...like PMI.

 

The interest rate is also really high considering the fact that it's government guaranteed.

- - - Updated - - -

 

Can you document this claim? Or is it just your opinion?

 

With a 3.0+ in Georgia it's mighty close!
For those unaware Georgia is in the middle of Bible Belt USA. Alabama could sell liquor on Sunday years before Georgia...
Anyway....about 20 years ago a Georgia state lottery was a very hot and controversial topic. Georgia lottery funded preK and college tuition, in state for anyone with/maintaining a 3.0 was what the Georgia state lottery had to promise in order to exist. 30 years later The Hope Grant/Scholarship lives on.
I am not familiar with state programs to assist/cover tuition outside of Georgia.
Regardless, Stafford makes secondary education available to everyone.

 

Yea...but not if you're making $80K.

Something's a little fishy there sweetie.

 

I get max Stafford and Pell Grant sweetie.
Five. Payroll taxes, 6% to the 401k, and Blue Cross/Blue Shield premiums come off the top first.
What is your monthly bill for housing?
Wanna guess what my mortgage loan and payment are?
If you don't believe me, I relate... At 20 I never imagined my kids would get reduced lunch and my fam would barely be scraping by on 80k.
I was trying to explain how vast the middle class in the US is... 20 years ago with a new 70k home and baby the three of us were making ot on just under 30k...
We could opt out of healthcare and that company matched 6% and on the same 80k bring home about 600-700 more a month.
We did at 25 but we are 40 now.... We will both probably have to work until we die... We had to opt out of healthcare coverage for several years because it was unaffordable. When my kids got sick or hurt I topk them to the ER. I took all those hits on my credit. Know why? Because my husband credit was much more important.

 

Didn't you claim your son's education cost 80k? Who is paying that back?
Why 20k a year?
I don't expect an answer anymore than I did when I asked about pension dispersion.
You ever hear that oldie but goodie by the finest lyricist ever, Marshal Mathers?
Haha...I love Eminem despite the critics....
I am whatever you say I am, if I wasn't then why would you say I am?
8 Mile...yeah, I watched it...don't judge.

 

In GA Hope will pay tuition so long as you maintain a 3.0+ regardless of income.

 

A 40yr old suburban mom Emenem fan with substance abuse problems...

Who'da thunk it