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Do You Support Forgiving $10,000 Of Student Loan Debt?

Do you support Biden's plan to forgive $10,000 of student debt

  • Yes

    Votes: 25 61.0%
  • No

    Votes: 11 26.8%
  • Unsure

    Votes: 5 12.2%

  • Total voters
    41

Rival

Diex Aie
Staff member
Premium Member
Problem is they intentionally rig the 'free education' to allow as few as possible in. Prime example is the Excelsior program here in NY.

There are criteria that must be met to qualify and working class people are all but excluded from even trying unless they quit their jobs and rely on savings just to get a 'free' education. They don't allow any part time weekend college and a GPA must be maintained or your kicked out.

Also the money has got to come from somewhere as someone has to still pay for it.

The mantra of those who payed for college themselves are adamant. "I'm not going to pay for your education, when I had to pay for my own" .
This is a US issue; I think you'd have more success with European methods.
 

sun rise

The world is on fire
Premium Member
I think its there to show resolve, discipline, and commitment.

You saturate a field with free education, that field will soon become a dime a dozen wasteland, and occupational quality will degrade thereafter because labor is cheapened and no one will care about giving their best anymore because things were handed to them.
So you're in favor of getting rid of K-12 free education and making 5 year olds or their parents pay.

Not me. College should be paid for the same way.
 

sayak83

Veteran Member
Staff member
Premium Member
It appears that Biden is expected to announce Wed Aug 24th, 2022 that $10,000 of student a loan will be forgiven for those who make less that $150,000 a year.
So basicaly Biden is saying that if you or your family paid off a student loan that they were stupid, that U.S. taxpayers have to pay for someone who signed a contract and if they meet the requirements will have part of what they agreed to pay forgiven.
Wonder how this boondoggle will affect inflation.
Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: report
College education should be made absolutely free for anyone below a certain economic level. It's a surefire way to create a skilled workforce, which is what is needed for prosperity and growth. I am also for paying students so that they can sustain themselves during their degree program. All colleges should be mandated to have at least 50 percent of their seats for free education for them to get tax breaks and govt research funding etc.
Building the human infrastructure is more important than building bridges,roads etc. in my opinion.
 

Revoltingest

Pragmatic Libertarian
Premium Member
Student #1 works hard to pay for tuition without taking out loan.
Student #2 borrows money for tuition.
Government subsidizes #2, but not #1.

Bad policy.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
So you're in favor of getting rid of K-12 free education and making 5 year olds or their parents pay.

Not me. College should be paid for the same way.
Kids are different. K to 12 is there to give you the tools to survive in society.

Higher education isn't the same as this is continuing education past the point of the nessessary basic minimum criteria to be a productive and self sustained person able to survive on their own.
 

Heyo

Veteran Member
Yeah, here in the US we hate the idea of anyone getting something for nothing. Even when the results are good for everyone. Greed rules our minds and perverts all our opinions and decisions. Mostly it turns us all against each other by making us all life and death competitors. We are a very wealthy nation and yet we live like we're all on the edge of extinction.
It keeps you fearful. People in fear are easier to manipulate.
 

Heyo

Veteran Member
Is there something, anything special about this generation or class of people that warrants it as an exception from others before them? Are they exceptional somehow? I'd sure like to know.
Exactly. That's why you also always opposed tax cuts. Why should people today pay less than their fathers. Back to the 50s! 90% taxes for the rich!
 

Shaul

Well-Known Member
Premium Member
If we stopped funding the Israeli military, we could send our kids to college for free, like they do, theirs.
Why did you single out Israel when it receives minuscule U.S. military aid compared to what is given to many other countries?
 

Shaul

Well-Known Member
Premium Member
Immediately cease all government guarantees for student loans and force any college that received student loan funds to become the guarantor of the loans. The schools got the money and provided the “product”. They should stand behind the value of what they produce.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
Exactly. That's why you also always opposed tax cuts. Why should people today pay less than their fathers. Back to the 50s! 90% taxes for the rich!
Actually it's a scam. People will actually pay more, not less now.

Education is never ever free. If you dont pay upfront, you'll pay out of the rear.

Just watch universities all over jack up tuition exponentially for those wonderful juicy government taxpayer payouts all behind the scenes behind the opaque curtains, as the education barons laugh for the windfall as they rub each other's backs in the luxury sauna.
 

Heyo

Veteran Member
Actually it's a scam. People will actually pay more, not less now.

Education is never ever free. If you dont pay upfront, you'll pay out of the rear.

Just watch universities all over jack up tuition exponentially for those wonderful juicy government taxpayer payouts all behind the scenes behind the opaque curtains, as the education barons laugh for the windfall as they rub each other's backs in the luxury sauna.
You totally missed the mark. I was criticising your use of an appeal to tradition.
 

Rival

Diex Aie
Staff member
Premium Member
Higher education isn't the same as this is continuing education past the point of the nessessary basic minimum criteria to be a productive and self sustained person able to survive on their own.
This is not true anymore though. Anyone who wants to earn a decent wage basically has to go to university. These days are not the same as the old ones.
 

Sand Dancer

Currently catless
It appears that Biden is expected to announce Wed Aug 24th, 2022 that $10,000 of student a loan will be forgiven for those who make less that $150,000 a year.
So basicaly Biden is saying that if you or your family paid off a student loan that they were stupid, that U.S. taxpayers have to pay for someone who signed a contract and if they meet the requirements will have part of what they agreed to pay forgiven.
Wonder how this boondoggle will affect inflation.
Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: report

I prefer making college more affordable like it used to be.
 

Heyo

Veteran Member
I don't see it as being a tradition whatsoever.
I don't know if you are wilfully obtuse or just obtuse.

Is there something, anything special about this generation or class of people that warrants it as an exception from others before them? Are they exceptional somehow? I'd sure like to know.

This is your appeal to tradition fallacy. You argue that people today can't be forgiven loans because people yesterday weren't forgiven loans. (A.k.a. the tradition of not forgiving loans.) With that kind of argumentation you could justify blocking any change what-so-ever.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
This is not true anymore though. Anyone who wants to earn a decent wage basically has to go to university. These days are not the same as the old ones.
Then what's the point of pushing for a living wage then? It's for those who don't have or want to continue their education.

BTW I'm for a living wage. I used to be against it.

That should take the pressure off a bit in itself in lieu of uni training.
 

Rival

Diex Aie
Staff member
Premium Member
Then what's the point of pushing for a living wage then? It's for those who don't have or want to continue their education.

BTW I'm for a living wage. I used to be against it.

That should take the pressure off a bit in itself in lieu of uni training.
I think it's because in most cases the 'living wage' never materialises and everything goes up and the so-called living wage never follows. It's distrusted.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
I don't know if you are wilfully obtuse or just obtuse.



This is your appeal to tradition fallacy. You argue that people today can't be forgiven loans because people yesterday weren't forgiven loans. (A.k.a. the tradition of not forgiving loans.) With that kind of argumentation you could justify blocking any change what-so-ever.
No. It's to prevent robbing Peter to pay Paul.

What's obtuse is your ignorance that people who have their lives paved and payed for them, past what is reasonable , tend to be poor stewart's in life and lacking that nessessary sense of achievement, drive, pride in self effort, work ethic, and accomplishment.

I'm for making college and trades affordable, but not free.
 

lewisnotmiller

Grand Hat
Staff member
Premium Member
I think its there to show resolve, discipline, and commitment.

You saturate a field with free education, that field will soon become a dime a dozen wasteland, and occupational quality will degrade thereafter because labor is cheapened and no one will care about giving their best anymore because things were handed to them.

Erm...I don't get your point.

Consider;
There are 100 spaces for medical degrees, and they are provided to the best 100 students who can afford $200,000 in course fees/loans

vs

There are 100 spaces for medical degrees, and they are provided to the best 100 students, free of charge

You're actually INCREASING competition for the spaces, based on merit (at least loosely) rather than affluence. And giving out exactly the same number of medical degrees. And no-one is being handed a damn thing.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
I think it's because in most cases the 'living wage' never materialises and everything goes up and the so-called living wage never follows. It's distrusted.
I'm convinced it's worth the push now.

I'm ready for trying trickle up theory, not trickle down anymore.
 
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