General Discussion

closeupready

(29,503 posts)

18. Can't students just borrow $80,000 from their parents?

Sun May 13, 2012, 05:04 PM

May 2012

Incredibly simple solution, and I think Romney is right on that.

But it's an interesting thought to consider how many of the original Founding Fathers were what would today be considered 'deadbeats'. I think even the concept of discharging debt in bankruptcy/Chapter 7 is something that gained hold in the New World way before it did in the Old.

Yet, here we are today, regressing; it started with Reagan. Corporo-Democrats buy right in to the agenda; as they make money on moneylending, too.

Young people should reconsider going to college, as our society doesn't value education or intelligence. We value bombs and killing machinery. If they take on costs associated with college, they are going to be on their own when the bill comes due.

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Crushed by college debt: Massive loan bills hang over graduates, derail life plans [View all] marmar May 2012 OP

Du rec. Nt xchrom May 2012 #1

I don't understand what these kids thought they were getting in to. dkf May 2012 #2

Most of them probably thought they had no choice. n/t Egalitarian Thug May 2012 #3

That's likely true in our corrupt banking/predatory capitalist system just1voice May 2012 #9

That's the choice. backscatter712 May 2012 #25

Why is it the banks fault and not the college or university? dkf May 2012 #32

It's the bank's fault because they paid to have the system set up Egalitarian Thug May 2012 #33

And no one would complain if the banks stopped lending? dkf May 2012 #38

Non sequitur. n/t Egalitarian Thug May 2012 #39

Or they are graduating into one of the worst economies in decades? riderinthestorm May 2012 #4

Kids get remarkably conflicting advice and the situation has become a real Catch 22.. Fumesucker May 2012 #5

The local school district's guidance counselors Mariana May 2012 #17

It is pretty much up to the students to try to track what their total loan payments PA Democrat May 2012 #21

He should have gone in for a trade malthaussen May 2012 #6

I have to wonder what the degree was in customerserviceguy May 2012 #31

Crushes the parents life plans as well liberal N proud May 2012 #7

CCS is a private art college Taitertots May 2012 #8

Yeah. People need to be smart before they get educated. . . Journeyman May 2012 #10

It's Hard for Me to Understand $100K Debt for 4 Year Degrees Indykatie May 2012 #11

Wayne State is literally just down the street Taitertots May 2012 #12

The University of Illinois, a state school is $30k/year. This is NOT private riderinthestorm May 2012 #30

When I first read the name I thought "for profit college" alp227 May 2012 #14

Some observations exboyfil May 2012 #13

The University of Phoenix.... Aviation Pro May 2012 #15

I remember my last trip to Italy 47of74 May 2012 #16

Can't students just borrow $80,000 from their parents? closeupready May 2012 #18

Borrow? $80,000 is less than Romney's birthday money Taitertots May 2012 #19

Well, Hancock owed in the neighborhood of 100,000 pounds to the Crown... malthaussen May 2012 #20

The state of Georgia was founded as a deadbeat's haven. closeupready May 2012 #27

Now all he would have to do is declare his corporation bankrupt n/t Taitertots May 2012 #29

Let the student-blaming resume! (nt) Posteritatis May 2012 #22

I wouldn't want to be a college student or a recent graduate right now. PA Democrat May 2012 #24

Yeah, on my side of the border tuition's gone up by about 50% in the last decade Posteritatis May 2012 #26

I graduated about $5 grand in debt... WCGreen May 2012 #34

The banksters have been using debt as a weapon against everyone who's not a 0.1 percenter. backscatter712 May 2012 #23

For starts payments will come out of any tax refund you may have coming. RC May 2012 #28

All student loan debt should be forgiven. limpyhobbler May 2012 #35

A quick look at the CCS website... meaculpa2011 May 2012 #36

I've graduated into a lucrative field... a la izquierda May 2012 #37