Student-Loan Debt Is Strangling Gen X

Paid out of the US Taxpayers pockets.
lol. Everything is. When you buy groceries, the money the folks working there earn is "paid for by the US Taxpayers"...

What I did is take a job, one that most folks do not. That particular job, that I had to actually do and do well, had benefits that were offered with it. I earned those benefits through my labor and abilities.
 
lol. Everything is. When you buy groceries, the money the folks working there earn is "paid for by the US Taxpayers"...

What I did is take a job, one that most folks do not. That particular job, that I had to actually do and do well, had benefits that were offered with it. I earned those benefits through my labor and abilities.
The US military is not a private business.
 
The US military is not a private business.
It is a job. Like working at the DMV, a job that one performs and earns the money they are paid, as well as the benefits they receive. It is not socialism, or everyone would have it, and nobody would earn it.

Using my abilities I was able to test into an elite school (the very reason that I went into the Navy, I wanted to go to the best language school available) and use my abilities to obtain a job in the US military. I performed well and earned the benefits I received for the work that I performed. Others did not, and did not get the benefits... You actually had to earn them, you see... Not socialism.
 
It is a job. Like working at the DMV, a job that one performs and earns the money they are paid, as well as the benefits they receive. It is not socialism, or everyone would have it, and nobody would earn it.

Using my abilities I was able to test into an elite school (the very reason that I went into the Navy, I wanted to go to the best language school available) and use my abilities to obtain a job in the US military. I performed well and earned the benefits I received for the work that I performed. Others did not, and did not get the benefits.
So, US taxpayers fund the military. Socialism.
 
So, US taxpayers fund the military. Socialism.
Again, No. And I love how dismissive you are of the job those in the military perform.

Folks take a job that offers benefits, they earn those benefits. Where the funding comes from does not make it socialism. Socialism would be where folks like you that didn't take the job and didn't earn the benefits got the same deal without having to perform anything.

Folks that join the military are not participating in "socialism" they are doing a job for which they are compensated.
 
Not dismissive, factual.
Dismissive. Folks that go in the military earn those benefits. If they underperform and are fired they do not get them. In socialism they would regardless of performance and ability.

You earn the benefits, you earn the pay, that is not socialism.
 
I said nothing about "earning" benefits.
Right, dismissing their abilities and what they do to get the benefits you try to call socialism. They earn those benefits, just like they earn their pay. You are dismissive of folks that take jobs in the military, you don't think they earn anything and that everything is "given" to them. You are wrong, and a bit like Trump... Isn't he the one that you folks say doesn't like the military because folks that join are "suckers"?
 
You will find nothing in my posts saying or implying such a thing.
No, I find that every post that pretends that their labor and abilities earn them nothing to be dismissive, because they are. Folks that join the military sign contracts with an employer, certain benefits are offered to them to entice them to do a tough job. They earn the benefits by performing the job.
 
The government should buy an online college then expand it as needed. What I like is if someone in Wyoming in a remote town they could live at home and go to college.
The thing is there are plenty of classes available already online, so people in remote areas do have access. The bigger challenge is whether a new online national university is seen as credible so that the degree carries weight.
 
I think a lot of students have higher career aspirations than what they end up achieving. They see a big amount, but think they'll make a lot of money & it won't be a problem. The idealism of youth.

I'm not sure how I feel about the idea of free education - but college costs are so out of control now. Even public universities. I remember when I went, it was pretty Spartan. No frills dorm rooms, the food was bad, etc. Now, it seems like colleges have to make it like a country club to attract applicants, and they have sushi and sirloin at the dining halls, workout areas like the finest hotels have, the best of everything.

To me, this story is more about how college costs have outpaced incomes more than anything.
Yep. I was in a dorm without air conditioning in steamy Baton Rouge that looked like it was built in the 40s. We just got used to having a fan in the window. And used too it we did. Some of the happiest days of my life.
Last time I went to B.R. for a game I could hardly recognize the place. Hi rise luxury apartments took the place of those old dorm rooms.
 
Since it was brought up, here’s the deal with student loan forgiveness. Yes, it would knock $10K off the balance for many people, and sure, who would turn that down.

But it’s not free. Taxpayers would be on the hook for hundreds of billions of dollars. It also does nothing to address the real cost issues at universities. Colleges frequently raise tuition, and forgiveness would only encourage them to go even higher. Future students might also borrow more, expecting their debt will be canceled someday too.

People don’t want to think about the trade offs or the long term impact. It’s all about short term political gain.
 
Edge of Gen X here. Fifty-nine, born in 1966. Graduated High School in ‘84 and went back to work at that same high school in ‘88. Retired under the rule of 90 in 2018. Was rehired at the same school for a part time position that summer. Worked for the state minimum ($15,000) while drawing retirement for three years and now continue to teach 4 classes per day for a substantially more and some benefits. I go to work at 9 and leave for the golf course, creek or woods at 1:30.

When I graduated college I was in debt $25,000. My monthly check that first year netted me around $896. I got a step increase each year and then a larger raise in 1992. I paid that $25K off in 3 years. It wasn’t easy and I took extra work during the 2.5 months teachers get off in the summer. But paying that off was a priority.
 
Back
Top