right.. and the previous generation who had to pay full price must feel angry. nothings free if goverment wants to help the best i guess is just to give them no interrests loans. paying debts will taxes money thats bs and unfair they always say it like its a gift falling out of the sky, its not their money 😔
Do you know we pay 120 payments before forgiveness? Would you tell someone in the army to pay their bills? Do you know these loans were predatory loans with high ass interest. Loans they deemed unfair and illegal today for people buying homes. And again do you know we currently make payments. Get off your high horse and speak on something you know
I graduated college 31 yrs ago. Why can't I submit a bill for reimbursement? Oh right, cause I'm not an idiot, got a degree not in basket weaving or protesting, got a real job and paid my bills like an adult
It isn't fair for people who can't send their kids to college seeing their tax money going to a bunch of kids who could get the loans to go to college and why should the poor pay for them to get high paying jobs when many of them can't even buy food or good cars
These student loans aren’t just disappearing, instead it’s being foisted on the shoulders of the taxpayers-INCLUDING the very people whose loans are being “forgiven”, their kids, their kids’ kids and for generations after that. This is so unconstitutional. How is it fair to make people who couldn’t afford college, who chose other paths, or who’ve already paid their college loans off? It isn’t fair. It’s theft from hardworking taxpayers to pay for others’ delinquency. If you agreed to a loan contract, that’s on YOU to pay it back. Imagine all the people with mortgages and credit card debt demanding for their obligations to be wiped away too.
College is a choice, not a right. If you chose to go to college, pay your own debt. If you’ve taken out loans, it was your choice. I have my own debts, I can’t afford to pay for yours too. Real world example: you have college loans but your debt isn’t being paid because you’re at a state school majoring in finance. Only people in art schools will their college loans paid. How does that make you feel?
@@ca8944 that’s exactly what they are doing- they know when they send the notices out for jury duty who they are sending it to- we all are numbers- we all have our own “unique number “
@@ec_143 scary ish. I know that they just send out mass mail in ballots to every address and they don’t check ID or signatures when voting. Only the address. It’s all rigged
What about forgiveness on my house payment or daycare or anything else. Are you kidding me. No student loan should be forgiven. Pay as you go. Get a job
If a person goes to college to, let's say, become a doctor....takes out a huge loan, then the people that cannot afford to go to college are going to be forced to pay that person's loan back? In about 10 years, that person will be making well over 6 figures and NEVER has to pay it back?? What the hell is wrong with this picture?!? Are we going to be paying back car loans and mortgages for people next?!? When does this idiocracy stop!?!
Haven't the American people learned that giving money to people that have not worked for it does not work. ( welfare) You made a contract to pay for a service being education. Take care of the homeland first.
If the government would stop over taxing people they can pay their own bills like student debt instead of making all the tax payers pay for those who chose to take that debt. All this will do is raise taxes for everyone and we all suffer. Pay your own debt be an adult and pay the loan that you agreed to pay.
Tax payers shouldnt have to shoulder the debt you chose to incur going to college. Also, the tax payer didnt get to vote on the spending bills, thats congress. Maybe stop universities from raising the fee's and make college more affordable. There is no such thing as free money, someones gotta pay.
PS stop using my taxes to Care for them Invaders coming across the border and yes I said Invaders not immigrants, the that's like calling the home invader a undocumented house guest 🥴😵💫 that's crazy
I didn’t go to college because I couldn’t afford it and didn’t want a huge loan but lucky me I get to pay for others to go , that is some backwards crap
Why should bag boys, waitresses, plumbers, garbage men and everyone that has not gone to college have to pay more in taxes to pay for Doctors, Lawyers, etc. (some very rich kids) students loans?
How much is a trillion? Spread 1,000 dollar bills into a blanket on the floor. To thicken your blanket to a $1mil thickness you add 999 $T layers-about 6in high. For a billion add 999 $1M layers--500ft blanket. For a trillion you must stack 999 more $B blankets. Total height 500,000 ft.
Why should the people that did not go to college or a university, pay for people that did?! It's bull. No one else is paying for our bills, we have to pay for our own bills.
With all this giving away of money to the rest of the world. I sort of look at it like this. Do you pay your neighbor to be your friend? No. When your neighbors in trouble do you just give them thousands of thousands of dollars that doesn’t seem to end? No! You do the best you can to help them without compromising yourself or your family.
Should never happen [cutting student debt]. As it is not fair on those who have paid/are paying it and those who went to 'trade school' got a great job and have to pay these useless 'studies' course kids their fees! The 'colleges' should be made to cut costs [they can do that by scrapping the dei/pc departments and non esssential degrees [gender studies etc.].
Tenure in teaching is also ruining the system esp in college lazy teachers and professors with time to teach agendas instead of course curriculum. All without any real objective punishments
Why can't you raise Social Security for the seniors to be able to live during bidenomics that have already paid the government a raise! Instead of these kids that haven't paid their way yet?
Hell no...I had to pay back my loans for a trade school, I am NOT ok with my tax dollars going to pay off some whiny, rich, spoiled little brats who don't even know where GAZA is on the map!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
US Dept of Education reports college funding from foreign interest. Since 2012: Qatar $3,281,809,223. China $1,773,394,910. Saudi Arabia $1,454,621,857. UAE $635,818,317, on and on Kuwait, Russia, Turkey, Iraq, Lebanon, Pakistan, Venezuela, Syria and the Palestinian Authority $1,050,000.
I decided after high school that even with a high gpa my single mom couldn’t afford to send me to college. Do I get reparations for making that decision? I wanted to be a doctor.
How is it fair that I already paid off my student loans with my own income , but now I gotta pay for someone else to get a free ride? Meanwhile, I am never going to get back the money I paid for actually paying my own loans off.
I paid for everything myself, no help needed. It took an incredibly long time, with numerous breaks due to the expenses involved, but I persevered and managed to accomplish it. Was it tough? Absolutely. But I firmly believe that it was my responsibility to bear the financial burden of my decision, and no one else's.
This will be paid for by every taxpayer for decades to come. These students will essentially be paying this loan the rest of their working lives and force everyone else to pay it too. Basically the interest on this money is all that is ever going to get paid back. Meanwhile the Colleges bank millions with no repercussions. They did this with the Banks in 2008. That time they said everyone deserves to own a house and it didn't matter if they couldn't afford it. What could go wrong? It's a massive pick pocket of every American so the rich can get richer.
Pay off everybody's debts then. Pay off our mortgages and credit card debt. Pay off our cars too. We're providing relief for everything and everyone else except for the American people. I don't think we'd mind paying our fair of taxes then. Stop taxing us because we're the last to be helped with our tax money.
Regarding the Arrow 3, it is actually the only system that has stood up to ballistic missiles. The only countries that have this system are Israel, the United States, and Germany, which bought the system from Israel in 2023 with the approval of the United States.
Universities and colleges receive government funding plus tuition and then Lobby Congress and invest in the market ???? Harvard alone spent $560,000 on federal lobbying during President Joe Biden’s first year in office, pacing the Ivy League alongside Yale, which spent the same amount.
We the people have to vote for American first people! Trump has one term and after that Byron Donalds is a favorite of mine Kristi noem Jim Jordan and Tim Scott are American first.
High spending & intrest rates push inflation. High interest rates tightens business lending, inflation hurts buying power both hurt businesses innovation & bottom line.
I'm in graduate school and I am a TA. So many of the students that in college shouldn't be there. Many of them can barely read and write. Grade inflation is a huge problem. It doesn't seem fair that tax payers should have to fund their tuition. They aren't working for their grades and many of them aren't working to pay for their tuition either. It took me four years to go to community college and another four to get my BA. I went part time because I also worked.
Damn right. I'm also in graduate school, and I see the same thing. However, these issues are occurring in multiple areas. For example, student readiness, grade inflation, low-quality curriculums, and excessively high tuition costs are all part of this problem. Ironically, the proposed government solution to these problems is to bail everyone out since the whole situation was created by Big Government in the first place. Federally guaranteed student loans caused these issues by incentivizing inefficiency at the institutional level and subsidizing education that wouldn't otherwise be viable. Student loans don't operate like regular loans - they only have to be paid back based on one's ability to pay and can eventually be forgiven. In that way, these loans incentivize students to take more loans because they are a better kind of loan debt than most others. Additionally, universities are incentivized to increase tuition and expand because student loans will always be available since they are guaranteed by the government. Thus, many universities operate like businesses that can never go bankrupt, aiming to increase revenue and expand while providing the lowest acceptable quality - they exist for their own sake. That's why they are constantly promoting non-essential administrative roles and departments like those dealing with diversity, women's rights, native rights, African American rights, and on and on. The whole system is diseased. Yet, I fear that those who don't get on board with this scheme will pay the most. These graduates are still getting well-paying jobs at NGOs, Big Businesses, and Big Government. So, significant portions of the economic system reward them while those who did things the "right way" will pay for it.
@@scratchpenny The school I am attending keeps increasing the number of students they are accepting. Every year they say, "this is the largest freshmen class." The problem is that students have no where to live as there aren't enough places on campus or elsewhere, and rent is so expensive. Students are being forced into bad apartments off campus. I know this because I am living in one of these places and I hate it. My school knows these apartments are bad but they don't care because more students= more money. So students are stressed, but the higher ups get their money. Something needs to change. Since schools are expensive, students think that they deserve good grades automatically.
The differences between 1,000,000 seconds on a clock is roughly 12 days, 1 billion seconds on a clock is 31.7 years. I trillion seconds on a clock would be 31,709.8 years.
Remember guys. It's actually much much more than $870 billion to $1.4 trillion as you have to add interest on that. If that is 2% [low estimate as we don't know how much these thieves are charging us] say then that = $17.4 billion to $28 billion a year!
I thibk student debt for those that have been victimized by predatory schools and systems should have relief. Not the kids that go to Ivy League schools from the richest families and/or have degrees where they can make much better than average incomes. Kts the ones that didnt get anytbing out of their degree.
We need to get taxes down as low as possible and have the government mind their own business both foreign and domestic. Absolutely everything needs to be simplified. No, you won't get your college paid off, no you won't get as much welfare, no you don't get to teach sex to kids, etc. But you do get to work as much or as little as you want. AND you keep what you earn! “Is a man not entitled to the sweat of his brow?“
& it’s not a small portion of students, my Hispanic nephew joined the Latino club in college a couple yrs ago & said all they did was talk shiii about America & white people it’s being taught… I got black, Filipino, & Hispanic blood family & grew up in the hood so nobody can get anything past me, they tell me everything! Lol Mfs always called me white boy growing up not knowing I have Cherokee & Choctaw blood in me from both sides & my real dad was darker than most Hispanics haha
Sunday where I get gas was 2.98 a gal Monday morning when I stopped to get gas it was 3.08 a gal it went up 10 cents over night and it’s been going up and up
when you signed for that loan to go to those school, I did not signed on the dotted line as a CO-BORROWER,, you are responsible for that loan not the rest of us, I do not a have a college degree because I could not afforded the loan.
The government is not gonna pay those loans. If they are paid it will be by you and me by increasing our taxes. Like you guys I'm a college graduate but imagine not being able to go to college for whatever reason. A mechanic, truck driver, plumber or anyone who had to pick a trade now having to pay for someone elses college. So wrong. The Supreme Court ruled against Joe on this but being the entitled man he thinks he is plans to do it anyway.
I would have liked to hear what Becky Quick was going to say to Drukenmiller. Warren Buffet just praised Jerome Powell for his handling of the FED and what this guys is saying is just the opposite. I would agree with what Drukenmiller is saying, but have a lot of respect for Buffet and would like to understand why he feels different.
So if you go to college you know you have to pay for it unless you get a grant or scholarships so why go if you can't pay and make the rest of us who didn't get to go pay for it that's like me buying a car or house and the college kids paying for my loan so it's not right at all
The money to Israel benefits us ten fold. You don't understand the complexity of the situation. We sell Israel missles for the iron dome anti missle system that they developed & gave us the technology. Israel was building military aircraft in the 70s & the US stopped them so Israel wouldn't sell them. Part of the agreement was Israel could purchase plantes from the US. Every plane that Israel buys they strip down & upgrade the technology. That technology is given freely to the US. US pilots train in Israel. Every dollar that Israel gets is spent in the US so it supports our military suppliers. Every loan that was made to Israel was paid back in full with interest, the only country in the world who's done that. The 6th fleet is often stationed in Haifa where the amphibious assault in the gulf war came from. I could go on & on. Israel has a stronger economy then we do per capita. They've been forced into this system by us.
Facts 💯 People have no idea how many times Israel has saved our ass with intel that nobody else around there would give us, & yeah they strip our fighters technology & replace them with their own, they are genius at technology & don’t mind sharing with us, not too many youngsters know about these things, shoot half the country doesn’t know cause they’re stuck in the American bubble & don’t pay attention to the outside world!
I swear the comment section for that "Macklemore" video have direct manipulation from the weasels at yYbe. Mainly negative comments were allowed to exist, while mines kept disappearing.
hold on you all may be bias on this issue...disclosed how much student loan debt you each have. Look, it is not fair to anyone to pay for loans other have taken out. Now you are correct, all the foreign aide needs to stop.....................they print money and borrow money to send out all this aide ....just going of what is collected by the US taxpayer does not cover all the cost and entitlement the government runs up...........hench the deficit...........we spend money we do not have..............
I’m confused. In uk we get loans and don’t pay them back until we hit certain income thresholds but they get written off after 30 years, and only 27% only pay them back. Is this what You’re against?
Here a lot of people get student loans, blow all the money & study something that’s going to get them nowhere like being a professional protester, then push anti American propaganda & expect the tax payers to pay for it when most of us can’t even afford to go to college & work miserable low paying jobs, while they have whatever they need going to privileged expensive colleges…
We want our kids learning real world studies not propaganda & things that get you nowhere in life, & actually taking responsibility for the loans they knew they would have to pay back eventually & not being brainwashed to hate America from all these “professors” coming from abroad that don’t even like us but teach our children…
There should not even be 1 American cent sent to other nations, ever! America first, and only! Other countries are not our problem! We need to return to isolationism!
That’s not smart. Isolationism does t work when we need trading partners for things that we can’t get or produce here. We also get intel and technology from Israel and the terrorists/countries that hate them, hate us and it’s not bc they we are allies or send them money in exchange for intel and technology. They hate the west/democracy/republics/ Judie-Christian nations. It’s been like that for 1500 years, even before Israel or the US was founded.
The bottom line to all of this is that the Middle Class ends up paying for it all!!
right.. and the previous generation who had to pay full price must feel angry. nothings free
if goverment wants to help the best i guess is just to give them no interrests loans. paying debts will taxes money thats bs and unfair
they always say it like its a gift falling out of the sky, its not their money 😔
As a mother of a child that went to a college and then a university, my whole family put money to pay without any relief. Pay your bills.
Do you know we pay 120 payments before forgiveness? Would you tell someone in the army to pay their bills? Do you know these loans were predatory loans with high ass interest. Loans they deemed unfair and illegal today for people buying homes. And again do you know we currently make payments. Get off your high horse and speak on something you know
I graduated college 31 yrs ago. Why can't I submit a bill for reimbursement? Oh right, cause I'm not an idiot, got a degree not in basket weaving or protesting, got a real job and paid my bills like an adult
The way it should be
pay your own debt
It isn't fair for people who can't send their kids to college seeing their tax money going to a bunch of kids who could get the loans to go to college and why should the poor pay for them to get high paying jobs when many of them can't even buy food or good cars
Poor people don’t pay taxes.
Middle and working class do, as well as the rich.
Well said!
@@ca8944 everyone pays taxes doofus.. Most middle class individuals also didn’t go to college so your statement is pathetic…
@@ca8944 Many working people paying taxes still don't have enough money to go around, especially when it comes to paying ridiculously high tuition.
@@ca8944I'm poor people and I get a tax bill every year. Not a tax return
Who do you think is paying the student debt? Not the government it’s you the taxpayer
This
The Government has no money. They have OUR money.
These student loans aren’t just disappearing, instead it’s being foisted on the shoulders of the taxpayers-INCLUDING the very people whose loans are being “forgiven”, their kids, their kids’ kids and for generations after that. This is so unconstitutional. How is it fair to make people who couldn’t afford college, who chose other paths, or who’ve already paid their college loans off? It isn’t fair. It’s theft from hardworking taxpayers to pay for others’ delinquency. If you agreed to a loan contract, that’s on YOU to pay it back. Imagine all the people with mortgages and credit card debt demanding for their obligations to be wiped away too.
Asking Joe the Plumber to pay for someone else to go to college.
College is a choice, not a right. If you chose to go to college, pay your own debt. If you’ve taken out loans, it was your choice. I have my own debts, I can’t afford to pay for yours too.
Real world example: you have college loans but your debt isn’t being paid because you’re at a state school majoring in finance. Only people in art schools will their college loans paid. How does that make you feel?
How about this one. I went to Jury duty yesterday inCA. On the questionnaire, “Are you a citizen.?” Hahahahahahaha crazy
Wow! Hopefully, they’re not letting non citizens be on the jury but shouldn’t they know that before?
@@ca8944 that’s exactly what they are doing- they know when they send the notices out for jury duty who they are sending it to- we all are numbers- we all have our own “unique number “
@@ec_143 scary ish.
I know that they just send out mass mail in ballots to every address and they don’t check ID or signatures when voting. Only the address.
It’s all rigged
Well California spent 24 billion on homelessness and they have no idea where the money went. The homelessness problem has gotten worse. Lol
What about forgiveness on my house payment or daycare or anything else. Are you kidding me. No student loan should be forgiven. Pay as you go. Get a job
What about the parents who saved and sacrificed to pay for their children’s college…
If a person goes to college to, let's say, become a doctor....takes out a huge loan, then the people that cannot afford to go to college are going to be forced to pay that person's loan back? In about 10 years, that person will be making well over 6 figures and NEVER has to pay it back?? What the hell is wrong with this picture?!? Are we going to be paying back car loans and mortgages for people next?!? When does this idiocracy stop!?!
I replied to your comment but, the Socialist / Communist/Marxist App took it down !🤬
@@keithjones8889
Damn! I missed it! It must've been REALLY GOOD!!!
They are doing this intentionally ~ Your children and grandchildren will be paying for this debt!
Haven't the American people learned that giving money to people that have not worked for it does not work. ( welfare) You made a contract to pay for a service being education. Take care of the homeland first.
That saying a wheelbarrow full of money was just an expression of the time. It never really happened
My 4 daughters paid off all their student loans, so tell me is that fair?
If the government would stop over taxing people they can pay their own bills like student debt instead of making all the tax payers pay for those who chose to take that debt. All this will do is raise taxes for everyone and we all suffer. Pay your own debt be an adult and pay the loan that you agreed to pay.
Then robbery would skyrocket because a lot of people don’t budget and don’t live in moderation
All their bill money is our money they bringing nothing to the party. Without us tax payers there is no money.
Take care of your own back yard before you help your neighbor
Tax payers shouldnt have to shoulder the debt you chose to incur going to college. Also, the tax payer didnt get to vote on the spending bills, thats congress. Maybe stop universities from raising the fee's and make college more affordable. There is no such thing as free money, someones gotta pay.
Everybody’s left until they wanna be treated right.
PS stop using my taxes to Care for them Invaders coming across the border and yes I said Invaders not immigrants, the that's like calling the home invader a undocumented house guest 🥴😵💫 that's crazy
I didn’t go to college because I couldn’t afford it and didn’t want a huge loan but lucky me I get to pay for others to go , that is some backwards crap
"If you're a Dem, you're emotional" - truer words were never spoken! 💛
Why should bag boys, waitresses, plumbers, garbage men and everyone that has not gone to college have to pay more in taxes to pay for Doctors, Lawyers, etc. (some very rich kids) students loans?
🎯
You guys realize hamas has 5 AMERICAN hostages too right??
They’re already taking over Britain and Germany, Paris, Dearborn, Universities etc.
People need to wake tf up!
How much is a trillion? Spread 1,000 dollar bills into a blanket on the floor. To thicken your blanket to a $1mil thickness you add 999 $T layers-about 6in high. For a billion add 999 $1M layers--500ft blanket. For a trillion you must stack 999 more $B blankets. Total height 500,000 ft.
Why should the people that did not go to college or a university, pay for people that did?! It's bull. No one else is paying for our bills, we have to pay for our own bills.
why does the one with the simplest mind try to explain what’s going on the most often 😂😂😂
With all this giving away of money to the rest of the world. I sort of look at it like this. Do you pay your neighbor to be your friend? No. When your neighbors in trouble do you just give them thousands of thousands of dollars that doesn’t seem to end? No! You do the best you can to help them without compromising yourself or your family.
I would rather cover people's college debt than give 6 times as much over to other people's war
They are doing this on purpose
Should never happen [cutting student debt]. As it is not fair on those who have paid/are paying it and those who went to 'trade school' got a great job and have to pay these useless 'studies' course kids their fees!
The 'colleges' should be made to cut costs [they can do that by scrapping the dei/pc departments and non esssential degrees [gender studies etc.].
Tenure in teaching is also ruining the system esp in college lazy teachers and professors with time to teach agendas instead of course curriculum. All without any real objective punishments
I already paid for student loans. I do not want to pay for everyone else's debt.
Why can't you raise Social Security for the seniors to be able to live during bidenomics that have already paid the government a raise! Instead of these kids that haven't paid their way yet?
Hell no...I had to pay back my loans for a trade school, I am NOT ok with my tax dollars going to pay off some whiny, rich, spoiled little brats who don't even know where GAZA is on the map!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
US Dept of Education reports college funding from foreign interest. Since 2012: Qatar $3,281,809,223. China $1,773,394,910. Saudi Arabia $1,454,621,857. UAE $635,818,317, on and on Kuwait, Russia, Turkey, Iraq, Lebanon, Pakistan, Venezuela, Syria and the Palestinian Authority $1,050,000.
Palestinian Authority sends $ to Ivy League colleges. Let that sink in.
America First!
I decided after high school that even with a high gpa my single mom couldn’t afford to send me to college. Do I get reparations for making that decision? I wanted to be a doctor.
How is it fair that I already paid off my student loans with my own income , but now I gotta pay for someone else to get a free ride? Meanwhile, I am never going to get back the money I paid for actually paying my own loans off.
Did you know a Trillion dollars is a football field 8 foot deep in $100 bills.
The debt averages out to $104k per “citizen”
The supreme court has said he can't do this so....
I paid for everything myself, no help needed. It took an incredibly long time, with numerous breaks due to the expenses involved, but I persevered and managed to accomplish it. Was it tough? Absolutely. But I firmly believe that it was my responsibility to bear the financial burden of my decision, and no one else's.
Can't keep printing money to give away! Inflammation rise as more money is printed then the dollar will crash!
Pay their loans then they get to be a doctor and make millions?
This will be paid for by every taxpayer for decades to come. These students will essentially be paying this loan the rest of their working lives and force everyone else to pay it too. Basically the interest on this money is all that is ever going to get paid back.
Meanwhile the Colleges bank millions with no repercussions.
They did this with the Banks in 2008. That time they said everyone deserves to own a house and it didn't matter if they couldn't afford it.
What could go wrong?
It's a massive pick pocket of every American so the rich can get richer.
Pay off everybody's debts then. Pay off our mortgages and credit card debt. Pay off our cars too. We're providing relief for everything and everyone else except for the American people. I don't think we'd mind paying our fair of taxes then. Stop taxing us because we're the last to be helped with our tax money.
God bless you all
So truck drivers tax dollars should pay for students loans? Hell no
Tax the rich. Done.
Regarding the Arrow 3, it is actually the only system that has stood up to ballistic missiles. The only countries that have this system are Israel, the United States, and Germany, which bought the system from Israel in 2023 with the approval of the United States.
Me and my wife paid our college debt, so does that mean we get a rebate, if not suck it up and pay your debt
The population of the US is about 384 million people. Forgiving 870 million dollars in student loans is more than 2 million dollars per person.
...what?
Universities and colleges receive government funding plus tuition and then Lobby Congress and invest in the market ????
Harvard alone spent $560,000 on federal lobbying during President Joe Biden’s first year in office, pacing the Ivy League alongside Yale, which spent the same amount.
when he was a child says a lot for his closed mind, it's just a shell game guys.
We the people have to vote for American first people! Trump has one term and after that Byron Donalds is a favorite of mine Kristi noem Jim Jordan and Tim Scott are American first.
Keep learning and evolving...
High spending & intrest rates push inflation. High interest rates tightens business lending, inflation hurts buying power both hurt businesses innovation & bottom line.
Hi Cartier Family,
Pls post and speak about this,
Malcolm X Forewarned Us. Guess Who is the Real Racist? CZcams
This
Bravo
The only thing I think they should do is lower the interest rate.
Why not just 0 out intrest. Why is the govt making money on our tax dollars being loaned out??
The interest is paid all the holders of our debt like China and Japan.
No no go get a job and pay your own bills!!
gas is almost@$5.50 in NorCal
Emotion and/or love of victim class benefits
I'm in graduate school and I am a TA. So many of the students that in college shouldn't be there. Many of them can barely read and write. Grade inflation is a huge problem. It doesn't seem fair that tax payers should have to fund their tuition. They aren't working for their grades and many of them aren't working to pay for their tuition either. It took me four years to go to community college and another four to get my BA. I went part time because I also worked.
Damn right. I'm also in graduate school, and I see the same thing. However, these issues are occurring in multiple areas. For example, student readiness, grade inflation, low-quality curriculums, and excessively high tuition costs are all part of this problem.
Ironically, the proposed government solution to these problems is to bail everyone out since the whole situation was created by Big Government in the first place. Federally guaranteed student loans caused these issues by incentivizing inefficiency at the institutional level and subsidizing education that wouldn't otherwise be viable. Student loans don't operate like regular loans - they only have to be paid back based on one's ability to pay and can eventually be forgiven. In that way, these loans incentivize students to take more loans because they are a better kind of loan debt than most others. Additionally, universities are incentivized to increase tuition and expand because student loans will always be available since they are guaranteed by the government. Thus, many universities operate like businesses that can never go bankrupt, aiming to increase revenue and expand while providing the lowest acceptable quality - they exist for their own sake. That's why they are constantly promoting non-essential administrative roles and departments like those dealing with diversity, women's rights, native rights, African American rights, and on and on.
The whole system is diseased. Yet, I fear that those who don't get on board with this scheme will pay the most. These graduates are still getting well-paying jobs at NGOs, Big Businesses, and Big Government. So, significant portions of the economic system reward them while those who did things the "right way" will pay for it.
@@scratchpenny The school I am attending keeps increasing the number of students they are accepting. Every year they say, "this is the largest freshmen class." The problem is that students have no where to live as there aren't enough places on campus or elsewhere, and rent is so expensive. Students are being forced into bad apartments off campus. I know this because I am living in one of these places and I hate it. My school knows these apartments are bad but they don't care because more students= more money. So students are stressed, but the higher ups get their money. Something needs to change. Since schools are expensive, students think that they deserve good grades automatically.
The differences between 1,000,000 seconds on a clock is roughly 12 days, 1 billion seconds on a clock is 31.7 years. I trillion seconds on a clock would be 31,709.8 years.
I have a son paying his college debt off
Thank you guys. Followed you for awhile, recently subscribed. Common sense reasonable and fun. Keep it up fellas
Remember guys. It's actually much much more than $870 billion to $1.4 trillion as you have to add interest on that. If that is 2% [low estimate as we don't know how much these thieves are charging us] say then that = $17.4 billion to $28 billion a year!
I thibk student debt for those that have been victimized by predatory schools and systems should have relief. Not the kids that go to Ivy League schools from the richest families and/or have degrees where they can make much better than average incomes. Kts the ones that didnt get anytbing out of their degree.
We need a podcast from you all .
We need to get taxes down as low as possible and have the government mind their own business both foreign and domestic. Absolutely everything needs to be simplified. No, you won't get your college paid off, no you won't get as much welfare, no you don't get to teach sex to kids, etc. But you do get to work as much or as little as you want. AND you keep what you earn! “Is a man not entitled to the sweat of his brow?“
You don’t want sex ed? Wtf lol.
The US is funding what's going on? lol
& it’s not a small portion of students, my Hispanic nephew joined the Latino club in college a couple yrs ago & said all they did was talk shiii about America & white people it’s being taught… I got black, Filipino, & Hispanic blood family & grew up in the hood so nobody can get anything past me, they tell me everything! Lol Mfs always called me white boy growing up not knowing I have Cherokee & Choctaw blood in me from both sides & my real dad was darker than most Hispanics haha
Sunday where I get gas was 2.98 a gal Monday morning when I stopped to get gas it was 3.08 a gal it went up 10 cents over night and it’s been going up and up
One of my favorite channels
Tupac said it in one his songs the got money for wars but can’t feed the poor
❤
when you signed for that loan to go to those school, I did not signed on the dotted line as a CO-BORROWER,, you are responsible for that loan not the rest of us, I do not a have a college degree because I could not afforded the loan.
The government is not gonna pay those loans. If they are paid it will be by you and me by increasing our taxes. Like you guys I'm a college graduate but imagine not being able to go to college for whatever reason. A mechanic, truck driver, plumber or anyone who had to pick a trade now having to pay for someone elses college. So wrong. The Supreme Court ruled against Joe on this but being the entitled man he thinks he is plans to do it anyway.
I would have liked to hear what Becky Quick was going to say to Drukenmiller. Warren Buffet just praised Jerome Powell for his handling of the FED and what this guys is saying is just the opposite. I would agree with what Drukenmiller is saying, but have a lot of respect for Buffet and would like to understand why he feels different.
You guys are so close to talking about Bitcoin. I can feel it.
So if you go to college you know you have to pay for it unless you get a grant or scholarships so why go if you can't pay and make the rest of us who didn't get to go pay for it that's like me buying a car or house and the college kids paying for my loan so it's not right at all
you guys should do more reactions to economics/finance videos, it won't get as many views but I think it's important.
The money to Israel benefits us ten fold. You don't understand the complexity of the situation.
We sell Israel missles for the iron dome anti missle system that they developed & gave us the technology.
Israel was building military aircraft in the 70s & the US stopped them so Israel wouldn't sell them.
Part of the agreement was Israel could purchase plantes from the US.
Every plane that Israel buys they strip down & upgrade the technology. That technology is given freely to the US.
US pilots train in Israel.
Every dollar that Israel gets is spent in the US so it supports our military suppliers.
Every loan that was made to Israel was paid back in full with interest, the only country in the world who's done that.
The 6th fleet is often stationed in Haifa where the amphibious assault in the gulf war came from.
I could go on & on. Israel has a stronger economy then we do per capita. They've been forced into this system by us.
Facts 💯 People have no idea how many times Israel has saved our ass with intel that nobody else around there would give us, & yeah they strip our fighters technology & replace them with their own, they are genius at technology & don’t mind sharing with us, not too many youngsters know about these things, shoot half the country doesn’t know cause they’re stuck in the American bubble & don’t pay attention to the outside world!
Take a pause on Politics and stick the the base reviewing cool music.
Show the Liberals that troll these comments the Hijab Protests in Iran and The Sharia Police.
I swear the comment section for that "Macklemore" video have direct manipulation from the weasels at yYbe.
Mainly negative comments were allowed to exist, while mines kept disappearing.
So, just for argument sake, what would happen if that money was freed up to go back into the economy and grow more jobs.
There's a hell of a lot of weird commenters on the channel lately I think AI has something to do with it
Such as?
Love the channel! Got Sub!
hold on you all may be bias on this issue...disclosed how much student loan debt you each have. Look, it is not fair to anyone to pay for loans other have taken out. Now you are correct, all the foreign aide needs to stop.....................they print money and borrow money to send out all this aide ....just going of what is collected by the US taxpayer does not cover all the cost and entitlement the government runs up...........hench the deficit...........we spend money we do not have..............
I’m confused. In uk we get loans and don’t pay them back until we hit certain income thresholds but they get written off after 30 years, and only 27% only pay them back.
Is this what You’re against?
Here a lot of people get student loans, blow all the money & study something that’s going to get them nowhere like being a professional protester, then push anti American propaganda & expect the tax payers to pay for it when most of us can’t even afford to go to college & work miserable low paying jobs, while they have whatever they need going to privileged expensive colleges…
We want our kids learning real world studies not propaganda & things that get you nowhere in life, & actually taking responsibility for the loans they knew they would have to pay back eventually & not being brainwashed to hate America from all these “professors” coming from abroad that don’t even like us but teach our children…
How come you won’t make a video about Project 2025?
There should not even be 1 American cent sent to other nations, ever! America first, and only! Other countries are not our problem! We need to return to isolationism!
That’s not smart.
Isolationism does t work when we need trading partners for things that we can’t get or produce here.
We also get intel and technology from Israel and the terrorists/countries that hate them, hate us and it’s not bc they we are allies or send them money in exchange for intel and technology.
They hate the west/democracy/republics/ Judie-Christian nations.
It’s been like that for 1500 years, even before Israel or the US was founded.
Wow my comment was deleted bc I said something about the group going after Is ra el
React to the Scott Galloway Ted Talk.
Thank me later.
FIrst skrrt skrrt skrrt