https://www.nationalreview.com/news/man ... t-screwed/
Senator Elizabeth Warren (D., Mass.) was confronted on the campaign trail earlier this week by a man who was angry about her plan to forgive all U.S. student debt because he feels it punishes people like himself who had saved up to pay for their child’s education so as not to burden them with loans.
“My daughter is in school, I saved all my money just to pay student loans. Can I have my money back?” the man asked Warren at a campaign event.
“Of course not,” Warren responded.
“So you’re going to pay the people who didn’t save [their] money, and those of us who did the right thing get screwed?” the man said.
So should any of us who have diligently paid for our education either by loans or by working our butts off get any of our money back? According to Warren, no, only those who vote for her pandering do.
Ah, the crybabies again. Buh hu, someone is getting something i didn´t get..... instead of being happy and proud that they could fund it independently, they want government hand-outs for because people that could afford education our of pocket..... how pissed he must be that people in need get a welfare check and he doesn´t
I had to work my way through university since the system to determine need for support said my parents had the money to fund me fully, but paying early 80´s interest rates on their mortgage they couldn´t. Took me two years longer to finsh, i worked up to three jobs to pay for living and materials, and not once did it occur to me to be mad because someone had it better than me, instead i am simply proud i pulled it off.....
A society grows great when old men (Let's update: older generations) plant seeds for trees who's shade they know they will never sit in.
Yeah, but in the US it is en vogue to steal your grand kids money to fund the government, because paying those taxes yourself is theft.....
Folks like the guy from the piece above will cut any tree they planted down and burn it the moment they realize it won´t grow big enough to sit in in their lifetime...
Its a hit job full of factual errors. And even without knowing anything about the German system the language makes that so obvious that i am rather puzzled that you came to the conclusion it is a decent article.
But it does make obvious that being against free education is an outcrop of envy.
Why not low or zero interest loans, either for all subjects or for selected subjects
because capitalism. Prices are whatever can be extracted from the customer. If interest is zero, prices go up, students pay the same, Universities make more profits. Shareholders win, nobody else does ...
The problem I see is that the cost of higher education has gotten out of control, and since most of the middle class cannot afford it out of pocket...students have had to take out loans. Congress has tried to address this problem in the past, noteably with Pell Grants, but when more federal money became available for colleges, they took advantage of the opportunity to raise tuition and thus nothing was really solved other than more treasury money being spent. Aside from the for profit colleges, no one has addressed the issue of why the cost of higher education has gotten so out of whack, so the easy solution is to go after the lenders instead. The Lenders exist as a symptom of the bigger problem.
If you have for profit school absolutely nothing will change the situation, making more funds available only drives up prices.
Limit public funding to non-profit schools and universities
Forgiving Student Loan debt would really have me asking some questions. I graduated with Student Loan Debt and I have paid it all of and I have no debt anymore other than my Mortgage and car payment.
Student loans US style would pretty much be illegal here as they often go above any reasonable assumption of debt carrying capacity.
Why is it fair to a guy like me who paid off his student loans that its forgiven for others, but not for me when I had it and I actually did things the right way and paid it off?
fairness is a question of perspective, if you can only ever do what is fair to absolutely everyone, you can never do anything. There is this thing we call "empathy", it generally allows us to be happy for others...
This Singature is a safe space......