What is this website all about? It sounds like the "forgiveness" has already begun.
Student Aid.gov - Loan Forgiveness and Cancellation
And, USA Today has a story on it.
USA Today - Student Loan Forgiveness
What is this website all about? It sounds like the "forgiveness" has already begun.
Student Aid.gov - Loan Forgiveness and Cancellation
And, USA Today has a story on it.
USA Today - Student Loan Forgiveness
Biden is also pledging government grants to people of color, lesbians, tranny's, and others that want to start in the agriculture business.
I need another thousand acres. Wondering if I can use their woke vernacular to identify as a lesbian with a penis to get forgiveness after buying it?
Why should they forgive the loans? If people took them out, then it's their responsibility to repay them. That's why it's called a loan and not a grant. Personal responsibility is so lacking in today's society.
I've told my son from the beginning that college is a transaction. You pay them X, they teach you X, they give you X degree. Too many young people are seeing their identity in college instead of seeing it as a step into a career, and too many of them are studying things that will not get them a job to survive on, let alone pay back tens or hundreds of thousands in loans or debt. What I don't get are those who spend so much only to get a job that pays no more than what they could have gotten for a job without the college degree, but then they have huge loans to pay back on top that. It just doesn't make sense.
What I'd be for - the government mandating a maximum interest rate through regulation that banks can charge for college loans. If that stifles the loans being offered then so be it.
What I'm against - any sort of get out of jail free card for people to shirk their responsibilities. Nobody else should be paying back a loan that they signed for, period.
I truly abhor the term forgiveable loan. I don't know how much more stupid people can be.
The problem is that money does not show up in a vacuum. Everytime something is forgiven, it just means that we are all paying for it. The dollar is devalued, inflation soars, and everyone pays the price instead of the person who signed on the line. It is a socialist/communist tactic.
What I'd be for - the government mandating a maximum interest rate through regulation that banks can charge for college loans. If that stifles the loans being offered then so be it.
What I'm against - any sort of get out of jail free card for people to shirk their responsibilities. Nobody else should be paying back a loan that they signed for, period.
I truly abhor the term forgiveable loan. I don't know how much more stupid people can be.
The problem is that money does not show up in a vacuum. Everytime something is forgiven, it just means that we are all paying for it. The dollar is devalued, inflation soars, and everyone pays the price instead of the person who signed on the line. It is a socialist/communist tactic.
There should be more restrictions on student loans. Minimal grades and degrees that make a graduate employable would be a good start. Colleges also charge way too much. While most “professors” sit around attending meetings and calling each other doctor, grad students are doing most of the lectures. It’s a racket funded by our tax dollars.
Estimated Total Semester Cost
Below is a summary of what a typical first-year student might pay for a semester at OU. The estimate assumes the student is enrolled in 15 credit hours in the College of Arts & Sciences. If a student enrolls in a different number of credit hours, takes classes in a college other than Arts & Sciences, or enrolls in a course with an associated miscellaneous course fee, the total charged will be different.| Fee Description | Oklahoma Residents | Non- Residents |
|---|---|---|
| Tuition | $2,460.00 | $2,460.00 |
| Additional Non-Resident Tuition | $0.00 | $7,902.00 |
| Mandatory Hourly Fees | $2,069.25 | $2,069.25 |
| Mandatory Semester Fees | $126.50 | $126.50 |
| Academic Excellence Fees (15 hours, 2020 Admit Term) | $1,350.00 | $1,350.00 |
| College Program & Tech fees (15 hours, Arts & Sciences) | $600.00 | $600.00 |
| Total per Semester | $6,605.75 | $14,507.75 |
It was about 2k a semester in the early to mid 90's when minimum wage was $4.25, and that's all you were going to make flipping burgers or working a menial job. I worked full time at Wright's IGA in Norman, and my take home pay for a 40 hour week was about $128. It's not any different now than it was then.
I paid mine off. I also paid off my bankruptcy 5 years ahead of the goal set by the court. I have a credit rating of 880 now.
You owe it, pay it. Oh yeah, my bankruptcy was caused by me moving back to my childhood farm but our jobs were in OKC during the last $4.00 gas fiasco.
You owe it, pay it. Oh yeah, my bankruptcy was caused by me moving back to my childhood farm but our jobs were in OKC during the last $4.00 gas fiasco.
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