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cadoman

(1,617 posts)
20. colleges need to participate in debt forgiveness--not be grant-collecting bystanders
Sun Jul 6, 2025, 10:18 AM
Jul 2025

Every time I step foot on a campus I am in awe of how the money is being spent. Elaborate architecture. Rich and comprehensive staff. Luxurious facilities. Amazing sports teams and stadiums. Salaried college staff seem to be doing very well and are always quite chipper when I interact with them.

Meanwhile the kids are in debt & poverty, being taught by unpaid grad students, playing video games or selling farts on onlyfans, and frequently end up getting jobs that have nothing to do with their degrees...

Debt "forgiveness" doesn't begin to fix the problem. It just allows the universities to double down on their mistakes and spending.

The repukes have also accurately identified a class rift between degreed workers and tradespeople: the tradespeople don't want to foot the bill for the degreed workers who have been rubbing their noses in it for decades now. They went to trade school, were mocked for it, and came out ahead, and now are expected to "forgive" (i.e. pay for) the debts of the people who lord over them? Tough pill to swallow.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Not much the Democrats can do about it now, right? Ocelot II Jul 2025 #1
I haven't heard Greg_In_SF Jul 2025 #2
Because not a damn thing can be done about it now that Republicans are in power. W_HAMILTON Jul 2025 #5
Another my-most-important-issue-or-else-I'll-teach-you-a-lesson threats, weeping about betsuni Jul 2025 #6
elections have consequences dsc Jul 2025 #7
Under PAYGO it would need to be paid for with tax increases MichMan Jul 2025 #3
It'll be awhile before anyone will seriously propose legislation. Might get better repayment plans quicker, Silent Type Jul 2025 #4
It was just something to attack democrats over JI7 Jul 2025 #8
I think it was communicated poorly. yardwork Jul 2025 #13
Yes, but one reason the right wing is more effective is because random right wingers JI7 Jul 2025 #16
Yes, that's one of the things we could combat. yardwork Jul 2025 #18
The Federal government took over direct lending of loans in 2010 from private lenders MichMan Jul 2025 #32
Forgiving debt alone isn't a great idea EdmondDantes_ Jul 2025 #9
You are right that it won't encourage colleges to be more frugal and cost effective. Autumn Jul 2025 #14
colleges need to participate in debt forgiveness--not be grant-collecting bystanders cadoman Jul 2025 #20
Which is why loan forgiveness is merely a bandaid. EdmondDantes_ Jul 2025 #21
make the filthy rich gazillionaires cough up their fair share eShirl Jul 2025 #10
Never was.. Peacetrain Jul 2025 #11
It's dead and it will stay dead.nt Autumn Jul 2025 #12
... Prairie Gates Jul 2025 #15
Well if there ever is a 60 vote majority in the senate and a majority in the house and we have a Dem. President. Jacson6 Jul 2025 #17
I don't think people yet know how badly BBB screwed students Johnny2X2X Jul 2025 #19
Maybe, but federal loans for undergraduates are available up to $200K, $100K more for graduates, there are also parental Silent Type Jul 2025 #22
There is no adjustment for discretionary income anymore Johnny2X2X Jul 2025 #23
Think the $50K cap is PER YEAR, with a total cap of $200K. That's a huge difference. Silent Type Jul 2025 #24
Not what I read Johnny2X2X Jul 2025 #25
Here's a link. Silent Type Jul 2025 #28
"MAYBE?" W_HAMILTON Jul 2025 #27
They f*%king didn't do anything to improve student loans, true. But they didn't make loans unavailable either, Silent Type Jul 2025 #30
Crypto would have been a better investment than an education bucolic_frolic Jul 2025 #26
It is dead until we elect a Democratic President and a 60-vote majority in the Senate. MineralMan Jul 2025 #29
Until it's a fucking priority to enough voters to give Dems maxrandb Jul 2025 #31
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