Donald Trump says he’s the best presidential candidate to help millennials, promising jobs for students drowning in student debt.

“One of the biggest questions I get is from people in college [about student loans],” he told The Hill in a wide-ranging interview. “They’re in college — they’re doing well but they’ve got student loans up to the neck. They’re swimming in these loans.”

http://thehill.com/policy/finance/248913...dent-loans

Very True , and also for parents helping to pay back those loans.

Well, money isn't free. Now, whether the govt should be in the student loan business in the first place is a whole other debate.

another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Example number 1,375,829 on how the federal government has crowded out the private sector and grown too large.

But no one cares as long as their reality TV show is entertaining.

(07-24-2015 06:39 AM)stinkfist Wrote:  

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Why are we in debt to begin with? We're taxed on everything but the air we breathe and when I get to be Stink's age, I'll probably have to hedge all my bets my 401k and life savings will be enough to get me through retirement because Social Security has been raided too many times.

I know how we can save money, but you liberals and the folks in DC don't want to hear it.

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

Government shouldn't be in the loan business at all. That's what banks are for.

The world turned upside down.

(07-24-2015 06:39 AM)stinkfist Wrote:  

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Ijs that you can't complain about the govt deficits and the govt trying to make money. It's inconsistent.

(07-24-2015 07:10 AM)gdunn Wrote:  

(07-24-2015 06:39 AM)stinkfist Wrote:  

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Why are we in debt to begin with? We're taxed on everything but the air we breathe and when I get to be Stink's age, I'll probably have to hedge all my bets my 401k and life savings will be enough to get me through retirement because Social Security has been raided too many times.

I know how we can save money, but you liberals and the folks in DC don't want to hear it.

your main concern is the same as mine.....crash avoidance....

if that happens....well, it will prove what me and my buddy said long ago, "retirement? that's just mere whim at this point"

right now people still believe in the usd as we continue to suck them into the abyss.....it's only a matter of 'when'....the 'if' is a given....

(07-24-2015 07:12 AM)firmbizzle Wrote:  

(07-24-2015 06:39 AM)stinkfist Wrote:  

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Ijs that you can't complain about the govt deficits and the govt trying to make money. It's inconsistent.

The government shouldn't be in any business that the private sector can handle more effectively.

Government should never "make money". It should only be doing things the private sector can't. Making loans is not one of those things; we have banks for that purpose.

(07-24-2015 07:21 AM)UConn-SMU Wrote:  

(07-24-2015 07:12 AM)firmbizzle Wrote:  

(07-24-2015 06:39 AM)stinkfist Wrote:  

(07-24-2015 06:10 AM)firmbizzle Wrote:  

(07-24-2015 05:50 AM)stinkfist Wrote:  another of his points I agree with....

there is no valid reason the government should be a profit center when it comes to student loans....

lends to investing in infrastructure....in this case, it's the people and their future

Gov't has to make money to pay off debt.

invalid......that's not part of the master plan and wouldn't begin to make a dent even if it was.....

Ijs that you can't complain about the govt deficits and the govt trying to make money. It's inconsistent.

The government shouldn't be in any business that the private sector can handle more effectively.

Government should never "make money". It should only be doing things the private sector can't. Making loans is not one of those things; we have banks for that purpose.

thank-you....

it's sad how it has to continue to be repeated to the deaf and blind....

this shite isn't that hard.....the voters have allowed it....

our forefathers would pissed the fk off if they saw this happening today....

The free market should be providing the loans and not the government.

While going through college I had to take a semester off just to make some cash and pay for the next semester. I accepted 2 semester loans during the final year just to finish.

I'll admit, I didn't mind the extremely low interest rate (2.05 %) the Feds gave. I'll have my student loan paid off this November.

He's winning.

It's about time somebody got real and said what these loans are, subsidies.

This is an area where the Republicans are usually dead ass wrong.

Unless things have changed (and they may have), the government isn't in the loan business nor do they make money off of these loans. I'm not saying they don't cover some of their overhead and losses, merely that as a venture, they don't make money.

Someone more up to date can correct me though I'd think it would have been a bigger deal if things had changed this much... but 'in the fairly recent day', much like every other government loan program, the government didn't loan the money, they merely provided guarantees for those who did. SallieMae is not the government. It's a way for the government to talk about providing 'trillions' of dollars in assistance to individuals while really only providing billions of dollars in assistance to corporations, who can then make money assisting individuals. It keeps the government's balance sheet from reflecting our true exposure (none of these multiple bail-outs over the decades have been budgeted items) and yet allows politicians to claim trillions in 'help'.

(07-24-2015 10:03 AM)Hambone10 Wrote:  Unless things have changed (and they may have), the government isn't in the loan business nor do they make money off of these loans. I'm not saying they don't cover some of their overhead and losses, merely that as a venture, they don't make money.

Someone more up to date can correct me though I'd think it would have been a bigger deal if things had changed this much... but 'in the fairly recent day', much like every other government loan program, the government didn't loan the money, they merely provided guarantees for those who did. SallieMae is not the government. It's a way for the government to talk about providing 'trillions' of dollars in assistance to individuals while really only providing billions of dollars in assistance to corporations, who can then make money assisting individuals. It keeps the government's balance sheet from reflecting our true exposure (none of these multiple bail-outs over the decades have been budgeted items) and yet allows politicians to claim trillions in 'help'.

The government loans money. SallieMae is seperate route or they will consolidate them at a lower interest rate. My loans were directly with the government and I chose to pay a slightly higher rate because the government loans can be deferred due to economic hardship whereas with SallieMae you are ruined if you have trouble finding a job or lose your job and need short-term relief. I saw it is an extra insurance payment and glad I did because I was out of work for 5 months in 2009.

Public schools should cost nothing. I knew an old timer that paid 0 dollars in tuition and graduated from ut Knoxville

I paid about 400 my first semester. Full time, 18 hours. This was 30 years ago.

The gov can sure waste some money. It costs something like 800 dollars per class now. its idiotic, wasteful and corrupt

(07-24-2015 10:16 AM)EverRespect Wrote:  

(07-24-2015 10:03 AM)Hambone10 Wrote:  Unless things have changed (and they may have), the government isn't in the loan business nor do they make money off of these loans. I'm not saying they don't cover some of their overhead and losses, merely that as a venture, they don't make money.

Someone more up to date can correct me though I'd think it would have been a bigger deal if things had changed this much... but 'in the fairly recent day', much like every other government loan program, the government didn't loan the money, they merely provided guarantees for those who did. SallieMae is not the government. It's a way for the government to talk about providing 'trillions' of dollars in assistance to individuals while really only providing billions of dollars in assistance to corporations, who can then make money assisting individuals. It keeps the government's balance sheet from reflecting our true exposure (none of these multiple bail-outs over the decades have been budgeted items) and yet allows politicians to claim trillions in 'help'.

The government loans money. SallieMae is seperate route or they will consolidate them at a lower interest rate. My loans were directly with the government and I chose to pay a slightly higher rate because the government loans can be deferred due to economic hardship whereas with SallieMae you are ruined if you have trouble finding a job or lose your job and need short-term relief. I saw it is an extra insurance payment and glad I did because I was out of work for 5 months in 2009.

aha... so they do both...

Thanks for the info.

(07-24-2015 05:45 AM)VA49er Wrote:  Well, money isn't free. Now, whether the govt should be in the student loan business in the first place is a whole other debate.

I agree. I have no problem with the feds charging a little interest.