Senate votes to kill $400 billion student loan handout, sets up fifth Biden veto

Your brochure speech doesn’t explain why it’s gotten so expensive. Fix that problem, then the debt issue will follow.

 

Yeah, and  Congratulating the senate who today acted in a bipartisan manner is not a cheap excuse. Who said I don't support education? Come up with a better rebuttal, please.

 

It’s an all or nothing proposition for some. If you’re not for paying so a lesbian dance theory major can have the college experience and not be expected to pay off debt working at Starbucks, then the only other option is you’re totally opposed to education.

 

it has gotten so expensive because it is a free market. Higher the demand, higher the price. We also have states spending less and less toward public universities in which the university is relyiong more and more on tuition and other costs to meed the general fund expenditure. But since the 1960s, tuition has rose some 680% till today, or thereabouts. And a lot of it has nothing to do with student loans, but everything else.

 

it did so because there was no force of law. It is a Senate Resolution. That's it. It does not require the other chamber to approve it, nor does it require the President to sign or veto such measure. Second, it really did not offer any solutions, just the "will of the senate" that they are displeased with Biden's proposal. So, there was nothing that no Senator can put their teeth into in what the alternative solution will be. Finally, just because a senator voted for the resolution does not mean that they want the program demolished, revamped, or anything else. It is not something that voters will look at when determining their next senator at all.

 

It's just not that easy. There is no fundamental reason that education can be static in cost.

In engineering, the rapid advance of technology means that keeping up with hardware and facilities to teach and further these advances becomes more costly.

Also, there are the issues of the cost of living for students (which IS part of education - just not part of tuition). Textbooks are notoriously expensive. And, efforts are made to require fewer such books. But, anyone who steps out of engineering in order to write a book worthy of use in a university is going to need to get paid. And, the audience for such books is not large, nor do such books last long.

The fact that funding is NOT constant (as state funding for education goes up and down) is costly in terms of being able to plan a budget, let alone a curriculum.

Schools are already working hard to produce education on a tight budget.

 

I gave you credit for having an excuse.

But, I didn't actually see one.

If you have a direction on education funding, I'm interested.

 

I support letting students bankrupt out of Student debt, IF, half of the taxpayer's loss is clawed back from the institution that failed to provide them a marketable skill.

Democrat Senate Passes Measure To Halt Rigged Joe's Unconstitutional Student Debt Giveaway.

Sends SCOTUS the clear signal that it was never the intention of Congress to authorize the president to engage in this illicit exercise of unjust power.

'Manchin said the nation “simply cannot afford to add another $400 billion to the national debt.”'

“There are already more than 50 existing student loan repayment and forgiveness programs aimed at attracting individuals to vital service jobs, such as teachers, health care workers, and public servants. This Biden proposal undermines these programs and forces hard-working taxpayers who already paid off their loans or did not got to college to shoulder the cost,” he said.

 

Institutionalizing bankruptcy like that is not a responsible direction.

Also, designing specific penalties of that magnitude for students who don't end up with a degree is a crushing barrier to students without wealthy parents.

Also, the possibility of debt is one of the fundamental barriers. Parents are required to sign for many of these instruments, and those who are not wealthy can't take out that size of a bet.

Yes, ANY funding change can be better for the next generation of college students.

THAT is the REASON for such change!

 

It's not a penalty, it's an option. You can discharge most other debt, the price of wiping your debts clean is that you live without credit for 5 years or so. If you don't want that option, no one is forcing it on you.

 

Bankruptcy is not a solution for funding anything.

Let's be serious.

Besides, nobody is going to lend money to college students when they can make bankruptcy part of their graduation celebration.

 

Must be getting close to election time... the left is starting to push their buying votes schemes.

And the naive left fall for it every time.

 

I have student debt. Im not OK with using the govt to make others pay it off for me. Its MY responsibility. Not the collective's. I'm able to look forward and see that if other people have to float me, then I'll end up floating them. No thx.

 

Yes, it's always possible to see education is being limited to the personal benefit of the one wealthy enough to float loans and get a degree.

But, education is more important that the benefit to you.

 

by public, I mean same as grade school schools

 

fine, you can turn it down then, did you cash that Trump check?

 

This is the result of government giving loans. If it were 100% private it would have to be cheaper so people could afford it.

 

Yes.

Here, there are also a few more than 1,600 public colleges and 1,600 private non-profit colleges.

Then there are a few less than 1,000 for profit colleges.

The public colleges are not like k-12 in that one must apply to gain admission. Qualification may include standard tests (like the SAT) and possibly other measures. The schools pick a student body, often with criteria that are not limited to test numbers. Colleges know the strength of individual highschools througout the nation and can thus make sense of high school grades. They also look for various kinds of diversity. They want some portion of the student body to come from other countries and different regions of the US. They also want reasonable balance by gender. They would like to have diversity in family income, race, religion, etc., as the general belief is that one gets a higher quality education through diversity.

One of my kids went to a private non-profit where the major acceptance criteria included a serious essay and an interview where issues of history, science and philosophy were discussed with a significant professor.

 

He’ll use it during the elections again I guarantee it.

 

No. I worked through covid.

Im happy I can turn down paying off other peoples debt. We all need to be allowed to succeed or fail more on our own. Charity is voluntary.

 

so you made too much to get a check, or you turned it down

 

Never asked for one, never got one.

 

not how it worked, if you filed taxes, you got one unless you made too much

 

Im a bit behind on filing. I have enough withheld that I never owe, so Im giving the gubmint a bit of interest-free loan. I do need to get caught up tho... its on my to do list.

 

No it isnt. My art degree benefits no one. I can assure you of that.

My property taxes fund K-12. People that wanna learn underwater basket weaving can do it on their own dime. Doctors and engineers dont need my help.