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MichMan

(17,151 posts)

28. We don't give welfare to people earning well above median incomes

Reply to Cuthbert Allgood (Reply #19)

Mon May 16, 2022, 10:56 AM

May 2022

Yet, many believe all their student loans should be forgiven.

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Ben Bernanke on forgiving student debt: [View all] Tomconroy May 2022 OP

🤦‍♀️ Ninga May 2022 #1

Mr Wall Street Bailout says wot Celerity May 2022 #2

I think the story goes he got down on his knee and begged Nancy for the bailout. Hotler May 2022 #10

That was Hank Paulson Poiuyt May 2022 #17

Thank you. Hotler May 2022 #57

Imagine thinking this system we put up with is "fair" in any way, or that it even makes it possible WhiskeyGrinder May 2022 #3

Funny I saw this OP because early this morning BumRushDaShow May 2022 #4

It isn't obvious to me why we would bail out doctors, Tomconroy May 2022 #5

Debt peonage HariSeldon May 2022 #6

I thought about what you're saying but I just don't see it Tomconroy May 2022 #7

There's (usually) a way out of a mortgage HariSeldon May 2022 #22

I wouldn't have a problem with modifying bankruptcy laws Tomconroy May 2022 #24

In mortgages you are forced to relinquish the property MichMan May 2022 #30

You can't sell your degree to another person or company and thus pay off your student loan. delisen May 2022 #31

When your house gets foreclosed, you don't get to live there anymore MichMan May 2022 #42

By federal law, ( 2005) few people are able to bankrupt out of student loan debts delisen May 2022 #53

So that more young minds can enter the professions? Doremus May 2022 #41

So what about teachers? I don't see riches in THEIR futures! 70sEraVet May 2022 #8

Certainly more deserving than doctors. Tomconroy May 2022 #11

I'm ambivalent on this issue PJMcK May 2022 #9

When I went to college at a state school in 1975, CrispyQ May 2022 #14

My so went to a University of California Caliman73 May 2022 #40

The show "Northern Exposure" was based on the premise of paying back. CrispyQ May 2022 #43

I liked that show. Caliman73 May 2022 #44

Anyone in several minutes could research what average salaries are for any degree MichMan May 2022 #16

"Many"? Try 26% How about the rest Ben? Fiendish Thingy May 2022 #12

Or Maybe Consider This: PBC_Democrat May 2022 #13

I ran into a friend at the store the other day Sympthsical May 2022 #15

I would think the young woman could take two years at a Tomconroy May 2022 #18

I don't think you can be an RN in most states without a 4 year degree anymore. Cuthbert Allgood May 2022 #20

That's what I meant. Two years at a community college and Tomconroy May 2022 #23

but it might wind up to be 5 years if all of the credits don't transfer. Justice May 2022 #27

Education has definitely become a racket. Tomconroy May 2022 #29

The title of your post is the most accurate assessment of the issue. Caliman73 May 2022 #45

Not true...you can take a two year accelerated course and take you boards...we have them here. Demsrule86 May 2022 #34

It was the first thing I told my friend Sympthsical May 2022 #25

Boomers all went to college for free ? MichMan May 2022 #26

The UC system was free Sympthsical May 2022 #33

I never lived in California, so it wasn't free for me MichMan May 2022 #38

Two words, Ronald Reagan Caliman73 May 2022 #48

Reagan hasn't been governor for 47 years MichMan May 2022 #49

The tax rates were set up around the same time, how many Presidents have rolled them back? Caliman73 May 2022 #51

My response was regarding California's state program you mentioned MichMan May 2022 #52

Same response. Caliman73 May 2022 #55

It took us 17 years to pay off my husband's loans. Demsrule86 May 2022 #35

Lots of truth here delisen May 2022 #36

USF is run by Jesuits TexasBushwhacker May 2022 #58

Why do we give welfare to those people that don't have enough money? Cuthbert Allgood May 2022 #19

We don't give welfare to people earning well above median incomes MichMan May 2022 #28

Don't have a real problem forgiving most undergraduate debt. Graduate school, is another matter. Hoyt May 2022 #21

I'm not convinced that 100% of student debt should be forgiven either In It to Win It May 2022 #32

It will further alienate blue collar voters from Democrats. SoonerPride May 2022 #37

I don't know how some families will be able to manage student loan payments with the current high liberal_mama May 2022 #39

Don't help anyone, lest someone be left out gratuitous May 2022 #46

Bernake and student loan debt lindalou65 May 2022 #47

People making "lots of money" GoodRaisin May 2022 #50

Maybe, but the bigger problem would be treestar May 2022 #54

Is it right to pay off student debt for people out of college, asa4ever May 2022 #56