I spent five figures paying mine off two years ago.
Still 100% support my tax dollars paying for people’s college. In fact, I’d love that instead of the nine wars my tax dollars are paying for instead.
I’d settle for interest free loans tbh…
And then do it for personal homes, too.
I’d settle for universal housing. And universal education. And universal healthcare.
I don’t understand why you need all of that. Let’s say we agree, next you’ll say people deserve clean water and steer the world away from climate disaster and genocide. You <insert group name> want it all!
next you’ll say people deserve clean water and steer the world away from climate disaster and genocide.
First falls both under housing and healthcare(utility and preventive healthcare + hygene), genocide is opposite of healthcare and we are already in climate disaster.
Hey don’t bring common sense to this conversation, this is the Internet
The Australian model is also interesting. After your degree you pay a certain percentage of your income to your university for a decade or so. But only if you earn more than the average person.
This means a university gets more money when their students gets good job.
Other points about the Australian system:
- The cost of the university course is subsidised by the government. The government pays the majority of the cost, usually around 70-80%. For example, a Bachelor of Computer Science degree at the university I went to (Swinburne) is currently AU$9k/year (~US$5.8k) subsidised vs AU$39k/year (~US$25.4k) full price.
- The loans for the amount you have to pay are through the government and are interest free. They’re indexed for inflation once per year, but this is a much lower increase compared to interest from a bank loan.
- You only have to pay it off once you earn over $51k/year, like you said. Repayments start at 1% of income and are paid as part of your income tax return.
- They used to have a program where if you paid $500 or more of the loan upfront, you’d get a 10% discount (so e.g. if you paid $500, it’d reduce your loan balance by $550).
Note that this system only applies to citizens and permanent residents. International students still have to pay the full price. Having said that, Australian universities frequently advertise at college fairs in the USA, as even at the full price plus flights plus accomodation, studying in Australia can still end up cheaper than the USA, and Americans love Australia 🙂
This is all I care about. I was forced to refinance into private loans because the interest rates on the federal loans were fucking stupid. All I want is the loans to be more reasonable.
I saw my wife’s student loans last night. She took out 37,000 dollars in 2008. She’s been paying her monthly amount for over 10 years, and she now only owes 43,000 dollars.
Cancel student debt. Most of us have already paid for college more than once.
Edit: also worth noting that up until now, only about 30% of PSLF applications are approved, and something like 37 (that’s total, not percent) of loans are fulfilled using IDR plans.
Cancel student debt.
The problem is colleges just will keep charging more because they know people will just keep getting them knowing the gov will cover it eventually. The fix isn’t to have the gov. Cover some loans, it should be to stop letting colleges be run like a private sector.
Jokes on you, they already keep charging more.
I bet if the government is footing the bill they will demand lower tuition. And unlike lowly poor people, the government is someone they will have to listen to.
You aren’t wrong with your point. But both should be true.
Medicare kinda works that way.
Should we call it Educare or Educaid?
Biducation
Agreed. Tanks don’t teach, don’t heal, don’t feed and don’t pay pensions.
Fucking PutinSame, but I want to be reimbursed. I don’t know how people who want their debt forgiven now don’t support me being reimbursed for mine. They seriously set my life back.
Believe me, I get it. I would definitely love to have that $16,000 back.
I’d like for it to be that way too, but I think it’s unlikely. On a macro level though, it’s just more important to eliminate debt for the indebted, I think.
Which nine are you counting, out of interest?
I actually beat cancer. If they suddenly find a cure for cancer now I am going to be so fucking happy! This comment is about student loans…and fuck cancer.
Congratulations! I also hope they find a cure for cancer and I would be so happy if they did. I’ve never been diagnosed with it so I have no bearing on this conversation. Fuck cancer.
This comment is also about student loans. (Which I’ve had and paid and still hope they grant loan forgiveness, tyvm).
From the school of “I suffered through [x], so therefore everyone else should suffer, too, even if they don’t need to.”
There’s always going to be a cutoff point where someone has it harder or easier than those that came before. That’s just life. As long as the change wasn’t malicious, just feel good (or whatever is appropriate) for those that benefit from it.
I work in a highly contract-controlled industry, and when things improve there’s always a segment of the group that might be close to retirement or something and gets all pissed that they didn’t won’t realize the benefits of a change that will apply mostly to those that will have longer under the change. They’re the same ones that bitch that new employees didn’t suffer under whatever crappy work rules that might have existed before, too.
So yeah…people that paid off their loans, or guys that I work with that paid for some/all of their kid’s college, bitch about people catching a break on their loans. STFU and be happy that someone else caught a break.
Making things better for the next generation should always be the goal not the exception
I’m glad I was taught not to begrudge and feel envy of other. I learned later in life that there are some insecure tw@ts who’d like to drag others down.
This also needs to go into the cancer he beat is dramaticly easier to overcome than cancer in the future.
“What do you mean? Just get a part time job. I waited tables and paid my way through college.”
“How much was your tuition?”
“$500 a semester. Why? How much is yours?”
“$19,000 a semester”
Yes exactly. They just don’t get it.
I have to wonder if my generation [Millenial] had any effect on university enrollments yet. My kids aren’t quite the age to talk about education plans as I had kiddos later in life @30yo (40 now). I’ll be strongly discouraging uni unless it’s completely unavoidable to what they want to do.
I’m approaching 40 and have three kids from 10yo to 1yo, and I’m still going to encourage them going to college, but in a way that makes sense for them. My wife and I both work at a community college, and there’s no way our kids are going to go to a 4-year right out of high school (unless they get a full scholarship for something and already know exactly what they want to do).
Too many students don’t know what they want to study, don’t value the education, and drive themselves into too much debt. While I highly value the education and skills gained in a bachelor’s program, there’s no need to be going into debt at a university to take first- and second-year courses when community colleges are effectively free (in CA, anyway)
Ship 'em off to Germany and get a free college education. I know a few people that have gone there for grad school for that reason. I wish I had known that was an option…I might still be there, honestly.
I mean the numbers still say that a bachelor’s degree doubles or triples your lifetime earnings over a high school diploma. Moreover, an educated society benefits everyone. College is still the right move at every scale. What we need to do is make it a more equitable system.
Maybe. Depends on how functional you are overall. Turns out I can pass college courses, but not keep a job so well.
I’m really good at getting high paying jobs, but my executive function is terrible. I can’t keep the jobs.
People with good executive function tend to not be aware of it as a factor. For them “getting that job” is the big uncertain hurdle on their path to success.
Not once in my upbringing all the way through college graduation did anyone talk about keeping jobs. It was all about getting the job. I’ve gotten some pretty amazing jobs … and lost them.
Have you tried a job that works on a more cyclic nature? I struggle with executive function, too, and I tried grad school and I could pass the classes and do the work, but I couldn’t finish my dissertation for my PhD program. I eventually realized I did better on an academic schedule and now I teach college classes, so I get to work on the same 12-week quarter system where I did well as a student.
Yeah crossing my fingers there’s some fixes in the works along side any debt forgiveness, but with this political environment and some folks attitude of “F you, I got mine “, I’m doubtful.
I guess apprenticeships aren’t that common yet in the US, but in many countries you can learn a profession not only at uni. In that case the high school diploma isn’t the last/highest diploma one would get.
Same, I’m going to push my kid to do everything they can local. Because even though I don’t regret the experiences I had at university, it was a massive waste of money for me.
Yeah I look back fondly on the experiences, the conversations, the environment. But it was worse than a waste of time for me. It was, financially, the worst way I could have spent my first years out of high school.
Yeah I’d definitely rather have them go to one of the community colleges or maybe a more technical school depending on what they want to do. I just want to prevent them from having to live with what might be debt I deal with for the rest of my life. No big University unless they manage a full ride or something, lol. Mean from my mistakes.
I wouldn’t be surprised if that were true. My coworker and I both got a certification last year. I received a promotion shortly after that, but he didn’t get his until much later. He was thinking it might have to do with me having a bachelor’s while he only has an associates degree. I hope that wasn’t it, but I wouldn’t be surprised. Some corpo stooge having to be convinced the technically senior co-worker with tons of tribal knowledge is fit for a step-up promo….sheesh.
Similar boat. Were lucky we were able to move to Europe so my kid has access through the Erasmus network to any college in Europe really. It’s a different world over here.
I’ve joked with my wife about sending the kids to Germany as IIRC they have a really good system that is friendly to international students there. But this is me trying to remember stuff from 15-20 years ago lol
This… is sad. Both discouraging and why you discourage.
Yeah…I agree. I will say I hope I can at least mitigate the debt issue as much as I can because I won’t be able to help pay, and I’m sure by the time my oldest is ready I’ll make too much for him to qualify for much aid. Maybe community college first or a trade school depending on what their interested in.
I generally encourage kids to just go live a normal life for a few years before college. That way they’re going for something specific they really want to do, and they have an experiential sense of what the dollar amounts mean.
I’m pretty resentful that I had tens of thousands of loans offered to me, far beyond anything my credit would warrant, when I was a teenager, who had been propagandized to go to college for the past ten years of my life.
I feel tricked. Perhaps not on purpose, but I feel like I was tricked.
Are you me? Though i don’t necessarily blame my parents, they just thought that they were encouraging me to do the right thing for my future. I can’t say that my degree was entirely useless but I’d like to think i could have gotten to spot similar to where i am now without the 100k in student loans.
I don’t get it
Edit:
Ok thanks I get it now.
People with student loans are mad there are loan forgiveness programs.
I finally paid off my student loans!
If they suddenly forgive student loans given to people now, I’m gonna be so mad.
Nailed it. Thanks.
“I paid off all of my student loans myself, it’s not fair for the government just forgive loans from other people!”
In the US it’s common for people to say that they shouldn’t cancel student loan debts because it would be unfair to people who have already paid theirs back.
People who have paid off their student loans are allegedly opposed to the government forgiving student loans for people that are financially burdened by them.
I worked my ass off to pay off my student loans, and I wish it upon no one. It didn’t teach me shit except fuck capitalism. School should be socialized and free. And fuck cancer!
I’m still paying off loans and will be for the next 8 years. I’m ineligible for forgiveness now because I consolidated with a private lender. I hope everyone gets their debt wiped, even if I can’t. Education should be free to begin with.
People with student loans are mad
They’re generally not. But a few well-situated op-ed writers working for newspapers with a vested interest in the private loan industry have expressed a great deal of outrage.
A common “reason” for why student loans shouldn’t be paid off by the government is that it would be unfair to everyone who has already paid off their student loans.
The person in this comic is acting like someone who paid off their student loans and now doesn’t want others to get loan forgiveness
Thanks I already got it.
Hi I’m a fucking idiot, how can you beat cancer if there is no cure for it yet?
I thought there was a cure but I guess not a very good one since some people don’t make it
Edit: Thank you for the answers, that really cleared it up for me, and I understand cancer a bit better now.
A “cure” in this situation means an essentially guaranteed method of treatment. Cancers vary greatly, with some being benign, some being very treatable, and some being extremely deadly (at least with current technology).
Indeed. Beat it, but at what cost.
My mum beat cancer. She lost parts of her body in the process and chemo changed her physically (her hair and nails never came back the same). It took three years of regular testing to finally be given the “you’re officially cancer free” verdict. Three tense years.
All that said she’s incredibly lucky not only to have beat it but not to have to live with additional medication due to it. I know somebody who lost a lot more and while is alive now needs a lifetime of medication to “put in” what the partial removed organs no longer produce.
Cancer, as far as I’m aware, goes into remission and isn’t cured. Remission is when there isn’t any detectable signs of a cancer mass or growth in your body. So imaging doesn’t pick up any tumors, your blood work doesn’t indicate any hormonal changes, and biopsies come back negative.
A cure would be like say there is no cancer and it won’t come back. Remission is more like we have no evidence of cancer and x% of maintain that state for x years.
Fun fact: your body is constantly making cancerous cells, but you have the ability to detect and destroy them before they get out of hand. Keep that immune system strong.
Right now, the main option to “beat” cancer is to poison yourself until enough of the cancerous cells die, along with killing the normal healthy cells. Even then, that only works for certain types of cancer, and that’s only if it is treated early enough.
https://www.nuffieldtrust.org.uk/resource/cancer-survival-rates
A cure would ideally work safely against all types and stages.
That’s very simplistic, there’s loads of cancer treatments, what you’re describing is a kind of broad brush chemotherapy, but there’s lots of more targeted versions, then loads of different pills and potions, immunotherapies, radiotherapies and the good old “cut the thing out” method.
Cancer treatment is the best funded area of medicine and there’s loooads of advances going on all the time.
Did you know that you can cure your meat and beat it?
Maybe not in that order.
Thank you for the giggle, SatansMaggotyCumFart
He beat it with his fists.
You can cure pregnancy with a fist but not cancer
Boof, biff, pow!
There are some treatments for some cancers with varying success rates. A cure would be a treatment for all cancers that always works.
I hope they find a cure because even if you beat cancer, it can still come back.
But the post is about student loans.
It’s never too late to go back to school.
No thanks. I don’t want more debt.
No sir, this is a Wendy’s
No, this is Patrick.
I spent five figures paying mine off two years ago.
Still 100% support my tax dollars paying for people’s college. In fact, I’d love that instead of the nine wars my tax dollars are paying for instead.
Government gives money to tobacco industry: “What? They’re too big to fail.”
I can honestly say that I don’t remember anyone claiming tobacco is too big to fail.
Banks, auto industry, certain other farming segments yes…but tobacco seems like just special interest arguments.
In this analogy tabacco is the pervayor of cancer. Likened to how banks make predatory student loans. When ever we have to bail out the banks or corporations we are told, “they are too big to fail.”
As if an educated population is less important than the financial institutions that they uphold.
I’m all for student loan forgiveness and all that. I think education should be socialised for anyone till any level.
That being said, this meme is an example of false equivalency. Where is the money for student loan forgiveness coming from? From taxes. Taxes that these ppl (who also had to pay for student loans) have to pay. Hence, effectively, these guys paid their own loans off and are contributing to pay others’ loans as well. That’s their grime from what I understand.
Morally, I believe that they’re wrong. I’m just pointing out the false equivalency generated here.
Where does the forgiveness come from? After paying for my education I now pay a bunch of taxes, I assume that’s what is paying for their education? So the cartoon should say, I just fought and beat cancer and now I need to go work on a cute. “They” cutting cancer is not the same.
Beating cancer builds character!
Can someone tell me what this comic is about?
IDK. Some cringe-lord wants free stuff and wants your taxes to pay for it. Something about cancer.
