I Don’t Want To Pay For Your Useless College Degree

I paid my loans off because I am a responsible person. What gives anyone the right to feel so entitled that they get a 250,000 degree and expect someone else to pay for it? Oh a Biden. Social Justice Warrior brain dead liberal!! Mike Rowe denounced student loan forgiveness and encouraged people to reconsider taking on debt for a four-year degree that may not even land them a job.

“Many it seems, suspect that I’ll be supportive of these efforts since I’ve written at length about the outrageous rise of college tuition and the scandalous ways in which hundreds of thousands of students have been conned into borrowing ridiculous sums of money to purchase degrees that never lead to an actual job,” Rowe wrote. More here> https://thefederalist.com/2020/12/16/mike-rowe-i-dont-want-to-pay-for-your-useless-college-degree/?fbclid=IwAR1OgvWe2JF1W0xHxN26FG0pFXCofzBvTzfZ7HK6_DPcJgEwUCBso7OoXU0#.X9oom4htzqM.twitter

What community college costs $250k for an associates degree?

Many wanting their loan paid off took out money from Ivy league schools that they can not repay in many cases. It’s 2020, and Americans are more burdened by student loan debt than ever.

Among the Class of 2019, 69% of college students took out student loans, and they graduated with an average debt of $29,900, including both private and federal debt. Meanwhile, 14% of their parents took out an average of $37,200 in federal parent PLUS loans.

You’ve probably heard another scary statistic: Americans owe over $1.64 trillion in student loan debt, spread out among about 45 million borrowers. That’s about $587 billion more than the total U.S. credit card debt. Do not let facts confuse you I know you are a liberal so this is best I can do. Again why should anyone get their student loan paid off?

https://finance.yahoo.com/news/biden-student-debt-loan-forgiveness-cancel-173246655.html

They’re talking about forgiving upwards of $50,000 in student debt, which is now doubtful that it will ever happen.

Why do I think students should have their loans forgiven? Instead of dumping money into corporations which “stimulated” nothing but the wallets of executives who caused the problems to begin with, alleviating the crushing debt of the “little guy” which actually stimulate the economy.

All of a sudden, instead of working for peanuts to pay off an education that is hurting you more than it’s helping you, you can think about buying a car or *gasp* a home.

I am a union operating engineer who works in heavy construction. I’ve been paying off my son’s student loans for the last five years because he couldn’t afford to pay rent, eat, and pay his loans. That’s in addition to the note on my truck, the mortgage on my home, the exorbitant property taxes on Long Island, etc., etc., etc.

College education has become almost predatory. They promise a better life but rarely deliver.

https://www.epi.org/publication/ceo-compensation-2018/

I’ve always found it curious when ‘conservatives’ talk about celebrities keeping their mouths shut when it comes to public policy...until a celebrity agrees with them. Not for nothing, Mike Rowe has made a living on television pretending to be working class but he’s a classically-trained opera singer.

My story is I got a $20,000 student loan that would have been about $27,000 if I had paid it off in time. Unfortunately the job market was destroyed in 2008 when the economy crashed and I wasn't able to get a job that paid enough to make a payment until 2017, of course by then with compound interest my loan is now over $120,000 so even if Biden takes of $50,000 that still leaves me with 3.5x the amount I borrowed.
Yeah, student loans are a scam. You can't get any kind of relief from them. I make a good wage now, but I can't even cover the interest payments on that thing.
If I had my way I'd cap all loans at 2x the principle.

You got screwed by a predatory system. It’s broken and needs broad and sweeping changes.

Why not pay off a truck driver, plumber, electrician, auto mechanics etc. house? I see no difference in this and student loans. I took a very small loan and did without to finish college. Why should I be punished for someone else stupidity or freaking social justice warrior liberal entitlement attitude.

Ya damn skippy.