Democratic Primaries
Related: About this forumThis is what briebrie wants us to believe:
Seniors graduated from college 40+ years ago, back when tuition was $1-2K per year (less than $10K total) And after 40 years they STILL haven't paid that off? WTF did they do with their lives and their degrees? If they still owe on their tuition loans the sure don't deserve to have that debt forgiven.
More lies and/or exaggerations coming from that corner.
Link to tweet
primary today, I would vote for: Joe Biden
Qutzupalotl
(15,131 posts)and some cosigned loans for their kids. It wasnt all 40+ years ago.
Edited to add: Many with advanced degrees paid a lot more and still couldnt find decent paying work in academia.
primary today, I would vote for: Joe Biden
George II
(67,782 posts)....they didn't do their "due diligence".
My dream career was to be an architect. But at the time I was applying to colleges we evaluated the prospect of getting a job after graduation - at the time there was a glut of architects, so I shifted to engineering.
primary today, I would vote for: Joe Biden
Qutzupalotl
(15,131 posts)instead of hiring faculty.
There. Was. No. Work.
primary today, I would vote for: Joe Biden
msongs
(70,123 posts)primary today, I would vote for: Joe Biden
mcar
(43,435 posts)I'm 61, graduated from college 40 years ago. I was fortunate in that, between us, my parents and I covered my costs, but still my tuition at a private school was very affordable.
I suppose if I had gone back for advanced degrees in later years I may have accrued debt.
Oh wait, I just read this in the tweet:
We have carried debt for our kids' college. Oldest kid took it on himself once he got established; the younger is handling his own loans.
People over 65 have kids in their 30s and 40s. Are they really still carrying those kids' student loans?
primary today, I would vote for: Joe Biden
George II
(67,782 posts)...and you're correct that their children would be in their 30s and 40s. Anyone who still owes on tuition loans at that point in their lives is doing something wrong. Lucky you had responsible children.
Back in the '60s when I applied to colleges, I was accepted by some of the best schools in the city, if not the state at that time:
NYU Engineering School, tuition was $1500/year (total $6000)
Pratt Institute School of Architecture, tuition was $1200/year (total $4800)
CUNY Engineering School, tuition was $0
Cooper Union School of Engineering, a highly rated private college with a 100% academic scholarship
No question about which I attended.
At any rate, tuition back then wasn't what it is today. If someone with a college degree is still paying off a student loan 40 years later something is drastically wrong. My first job out of college paid $10,000 - had I gone to NYU there was no excuse for still having debt at 65!
primary today, I would vote for: Joe Biden
The Velveteen Ocelot
(120,601 posts)It's very doubtful that very many still owe on their own college loans after 40 years (although it took me 20 years to pay off the last of them). This statement isn't false, although I trust very little that comes from the tweet of BJG.
primary today, I would vote for: Joe Biden
Shrike47
(6,913 posts)I remember a lot of that in the Bush Recession.
primary today, I would vote for: Joe Biden
George II
(67,782 posts)...he had to quit high school in the 1930s to go to work and support the family.
He did quite well for himself.
primary today, I would vote for: Joe Biden
The Magistrate
(96,043 posts)'Fastest growing' reads as something large and ballooning. But a population of ten increased by two to twelve is growing faster than a population of one hundred increased by nineteen, if one takes the percentage value of the increase.
People go back to school, for a variety of reasons, at some advanced age. This segment may be increasing more rapidly in percentage terms than the number of younger students. Indeed it can do this while being a quite small proportion of new students.
primary today, I would vote for: Joe Biden
George II
(67,782 posts)primary today, I would vote for: Joe Biden
The Magistrate
(96,043 posts)"If a man will continue to insist two and two do not make four, I know of nothing in the power of argument to stop up his mouth."
primary today, I would vote for: Joe Biden
George II
(67,782 posts)primary today, I would vote for: Joe Biden
catbyte
(35,711 posts)retraining after their jobs were eliminated. Go Joe!
primary today, I would vote for: Joe Biden
Demsrule86
(70,983 posts)primary today, I would vote for: Joe Biden
More_Cowbell
(2,204 posts)My own numbers: I graduated from school in 1991 with $39k of undergrad and post-grad loans.
I paid them off mostly on time for 28 years, except during job loss and illness.
From 2015-2019 alone I paid around $24k on them. (I couldn't get the records for the other years from the government)
Amount owing in May 2019: $33k.
They were written off as "returned to the government," and I was paying $100 a month in "collection costs" even though no collection actions were ever instigated (no garnishments or anything) because I kept paying on my own. They couldn't be refinanced. My payments during those years, never less than $500 a month, weren't even making a dent.
Last year I borrowed the $33k from a relative and now I'm paying that person back. In 3 more years they'll be paid off, something that never would have happened with the same amount of money going to the government, as the interest, penalties, and fees kept accruing.
primary today, I would vote for: Undecided
scarletwoman
(31,893 posts)And I'm 70 years old now.
primary today, I would vote for: Undecided