not so much

Quote:Sen. Richard Blumenthal (D-Conn.) on Wednesday proposed legislation that would make it even easier for government workers to have their student loan debt forgiven.

Blumenthal said the bill is needed to help people like teachers and “others who dedicate their careers to public service.”

Say what???!???

Quote:Some public sector employees already get to have part of their student loans canceled under the Public Service Loan Forgiveness program. That program requires people to work in the government and make student loan payments for 10 years — after that, the rest of their loan is “forgiven.”

But Blumenthal says that isn’t good enough, and introduced a plan that would cancel part of workers’ qualifying student loan debt after every two years.

Holy hell... No wonder we've got a "student loan bubble"... Cause we have idiots like Blumenthal..

Dude is a self-described socialist (and defended communism...though he later said he "misspoke"). What do you expect?

I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

I understand your point. But, the real solution, imo, would be two fold. First, the federal government needs to pull back on loans. Every time they increase the limits, the schools then raise tuition. Second, students need to stop borrowing $150K in the hopes of getting a six figure job that is very competitive to get... Then they settle for a low paying public job.

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

(09-25-2014 04:01 PM)pharaoh0 Wrote:  

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

I understand your point. But, the real solution, imo, would be two fold. First, the federal government needs to pull back on loans. Every time they increase the limits, the schools then raise tuition. Second, students need to stop borrowing $150K in the hopes of getting a six figure job that is very competitive to get... Then they settle for a low paying public job.

I agree that more action needs to be taken to get tuition under control but we have to weight that against who suffers in drawing back by simply cutting loans.

I'm all for a heavy-handed approach of Federal law limiting tuition straight out at public schools and forcing the states to pay for any overages themselves and outright banning student loans to for-profits. As for private schools, that's for the private individual to pay for entirely.

(09-25-2014 04:03 PM)EverRespect Wrote:  

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

Because the school districts can get them. It's all connected.

I'll say this, I'm all for correcting the problem but the problem is not the students necessarily, it's the schools.

Schools across the nations, public and private, are spending fortunes on **** they don't need to educate kids in order to turn around and jack up costs for the kids they are trying to attract. The root of the problem is greed within the higher education system.

We need teachers, and some government workers. The bloated costs of the education make it impossible for many to have a decent public service career without programs like this.

It's greed, greed, greed. The folks of the current generation are the one paying a huge price for an education they were told their whole lives they must have. That's one hell of a way to pitch **** to people huh? You HAVE to have this, and oh by the way we've quadrupled the cost because we know you have to have it, but trust us we aren't here to make money.

Correct me if I'm wrong but some college loan programs for teachers forgive the loan at 20% per year as long as they teach in a low income area...i.e. Appalachia, inner city, etc. It was designed to assist in recruiting new teachers to areas that have difficulty getting good teachers. I fully support that type of incentive.

(09-25-2014 04:14 PM)WKUApollo Wrote:  Correct me if I'm wrong but some college loan programs for teachers forgive the loan at 20% per year as long as they teach in a low income area...i.e. Appalachia, inner city, etc. It was designed to assist in recruiting new teachers to areas that have difficulty getting good teachers. I fully support that type of incentive.

It has maximums on it. They give you like 5k after a few years, maximum of like 18k.

(09-25-2014 04:03 PM)EverRespect Wrote:  

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

Wow, where'd you get that number? Must be from private colleges. The average at a public 4 year college is more like $60,000 for four years, maybe a little more but nowhere near $150,000.

(09-25-2014 04:18 PM)WKUApollo Wrote:  

(09-25-2014 04:03 PM)EverRespect Wrote:  

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

Wow, where'd you get that number? Must be from private colleges. The average at a public 4 year college is more like $60,000 for four years, maybe a little more but nowhere near $150,000.

You missed where I said legal education.

(09-25-2014 04:20 PM)HeartOfDixie Wrote:  You missed where I said legal education.

I evidently misunderstood. Do you mean legal, as opposed to illegal, or legal as in Law Degree? LOL My error. i only scanned your post.

(09-25-2014 04:24 PM)WKUApollo Wrote:  

(09-25-2014 04:20 PM)HeartOfDixie Wrote:  You missed where I said legal education.

I evidently misunderstood. Do you mean legal, as opposed to illegal, or legal as in Law Degree? LOL

A J.D.

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

So if I go in and get a degree in some sort of physical science, and use it in a science job.. I have to pay it back, but as long as someone who teaches doesn't have to pay it back?

(09-25-2014 04:03 PM)EverRespect Wrote:  The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

You ever go the "alternate teaching certificate" route, Ever. A lot of states have those, where you just need a college degree and you can get the ATC.

I know Mississippi _used_ to have it for computer science courses (it was one thing I was going to do with my degree until I saw the nightmare of public school systems.)

Missouri has one, not sure how it works though.,..

(09-25-2014 04:25 PM)HeartOfDixie Wrote:  

(09-25-2014 04:24 PM)WKUApollo Wrote:  

(09-25-2014 04:20 PM)HeartOfDixie Wrote:  You missed where I said legal education.

I evidently misunderstood. Do you mean legal, as opposed to illegal, or legal as in Law Degree? LOL

A J.D.

To get a 40k gubment job? who does that? If they do then it's on them. Either their degree is a sham, they're a schitty interview, or some other failure.

This is approaching and just zoooooming past the ridiculous level. Soon enough those actually PAYING these bills (hint: it's not the "government") will run out of money. For real. Not just this nagging little 18 TRILLION dollar debt.

The public sector "servant" worship is about to make me puke. Why are they any more entitled to a debt forgiveness than the guy with a BS working for the local propane company or whatever? He ain' getting rich either, and probably doesn't get the FAT bene's package to boot.

BUT, it's still his hard earned money that now pays not only his student loans, but now the young lady teaching down the street as well? Why's that?

(09-25-2014 04:58 PM)DaSaintFan Wrote:  

(09-25-2014 03:56 PM)HeartOfDixie Wrote:  I actually agree with him.

It's a cycle; the loans are high because the schools can fill seats and kids need in. The cost of education for people like teachers can be amazingly high given their very low salaries. You consider the cost of a legal education, $150,000 minimum for most, to get a $40k government job then it is only fair.

Under the current plan a teacher who owes $100,000 for a BA and Masters to make 38K per year is in a ****** spot if they lose get hurt and can't work etc. Parts of the loan should be forgiven after each fe years to 'lock in' what was already promised.

Besides, government loans are forgiven for everybody at a point anyways. These programs are designed to get more qualified people into some of these positions as opposed to the losers they historically draw in.

So if I go in and get a degree in some sort of physical science, and use it in a science job.. I have to pay it back, but as long as someone who teaches doesn't have to pay it back?

In the 10 year period they pay part of it back. It isn't a free ride.

(09-25-2014 05:11 PM)JMUDunk Wrote:  

(09-25-2014 04:25 PM)HeartOfDixie Wrote:  

(09-25-2014 04:24 PM)WKUApollo Wrote:  

(09-25-2014 04:20 PM)HeartOfDixie Wrote:  You missed where I said legal education.

I evidently misunderstood. Do you mean legal, as opposed to illegal, or legal as in Law Degree? LOL

A J.D.

To get a 40k gubment job? who does that? If they do then it's on them. Either their degree is a sham, they're a schitty interview, or some other failure.

This is approaching and just zoooooming past the ridiculous level. Soon enough those actually PAYING these bills (hint: it's not the "government") will run out of money. For real. Not just this nagging little 18 TRILLION dollar debt.

The public sector "servant" worship is about to make me puke. Why are they any more entitled to a debt forgiveness than the guy with a BS working for the local propane company or whatever? He ain' getting rich either, and probably doesn't get the FAT bene's package to boot.

BUT, it's still his hard earned money that now pays not only his student loans, but now the young lady teaching down the street as well? Why's that?

A lot of kids do it because they want to be lawyers. It's a job we as a society have to have and this is the degree you have to have to get it.

Blame higher ed..

Still, as is, the loan system for the Feds makes money for the Feds.

(09-25-2014 05:01 PM)DaSaintFan Wrote:  

(09-25-2014 04:03 PM)EverRespect Wrote:  The underlying question that nobody wants to talk about is: why the f*ck does my son's kindergarten teacher need a master's degree when we could get someone with a high school diploma, a a passed competency test, and a thorough background investigation that is just as qualified? I am sure there are plenty of fully capable kindergarten teachers with no student loans that would be very happy with $38k per year. Hell, my wife would do it tomorrow and she has a BS and is "unqualified".

You ever go the "alternate teaching certificate" route, Ever. A lot of states have those, where you just need a college degree and you can get the ATC.

I know Mississippi _used_ to have it for computer science courses (it was one thing I was going to do with my degree until I saw the nightmare of public school systems.)

Missouri has one, not sure how it works though.,..

Virginia has one too. They still require a bachelors and 6 months of time without income. Also, the administrators look down on them and assign you schit jobs in the schittiest schools.

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