While we were busy being horrified by the Harris-Trump race.....

@BohemianBabe No, we held up to our part of the agreement of repaying the money and so should everyone else. My wife never finished college, never got a degree, worked as a security guard while I worked in a factory. We made it work because it was her responsibility to repay any loan she took out to go to college.

@happilymarriedguy Yes, but if she is of a similar age, she went when

1) schools were well-funded behind the scenes (because we invested taxes in them),

2) tuition was low and much more affordable,

3) loan rates were low,

etc.

Your experiences are likely not comparable with what prospective students in the last 2-3 decades have had occur.

@irishmolly72


People going to college often don't have lots of options in terms of funding.

The predatory lenders are associated with the for-profit schools.

@whowasthatmaskedman

We have had targeted relief for people willing to teach in geographic areas needing teachers (not sure if this program is still ongoing).

It is typically for people willing to teach basic courses in low-income schools, and a fraction of school debt is forgiven over each of a period of years. It is likely most-used by those with undergraduate degrees; people with further education can often make more in their jobs, etc.

The majority of people affected by debt were scouted / marketed to by for-profit schools who were often just fronts for predatory loans. I believe that they were often certificate programs promising easy job placement and big salaries.

In retrospect, I think most of these representations were "inducing conditions", representations made with an eye to making it more likely that students would take out loans, and that these representations were very much like the US armed forces' recruiters telling people for years that they "could study electronics" while working in tgeee forces...yes, some did, but many more did not.

And I didn't follow the info about accreditation and these universities, but certificate programs are usually not academic in nature, so (I think) are not in the accreditation scheme.

@TheOneyouwerewarnedabout yep, and it seems contagious ☹

@HobNoblin That's that Marx Espresso.

@BohemianBabe Totally from Starbucks.

@irishmolly72 That would be a fabulous investment in our young people trying to get a foothold in life. And I say that having paid off student loans for my wife for more than ten years and for my kids for over 20 years. I didn't get a break, but I don't begrudge giving people a helping hand.

I would rather see an educated populace than the alternative. The less education someone has, the more likely they are to support autocracy and be attracted to and vote for Trump.

Musk's expenditures on Trump are a complete and total waste. As is Musk.

@windinhishair The world needs plumbers and electricians too. Biden is just buying votes with wasteful spending. Same misallocation of resources as forced EV sales.

@irishmolly72 sure. At some point the country should apologize and forgive the loans because they weren't enough and they weren't affordable. That's a start. Rich parents didn't make kids owe for education. My family constantly reminded me - when they were still alive - that they were ripped off when they bought all those degrees for me. They got only education for the money and I never did become a fascist.

@Roundandroundwego Yeah we're such an awful country that millions flock here illegally. Let's all apologize for how horrible we are to people. 🤓

@irishmolly72 sorry, but people move, less now than in the twentieth century. Most people fleeing socialism in Latin America would love to be employees in an apartheid state. Good murkans arrive every day