I wonder how people who labored years to payoff their loans feel about this. It’s down right unfair. You borrow money. You pay back money. Otherwise, you’re nothing but a chiseler.
How do you like your tax money being used to pay the debts of liberal chiselers with degrees in Sociology, Social Welfare, Social Justice, and Transgender Appreciation Studies.
Maybe just those who support loan forgiveness should be responsible for paying off the loans. That would be very fair. It would also serve as a valuable lesson in economics for muttonheads.
Perhaps a better line for you to whine about might be the failure of federal student loan program which has helped inflate costs to unbearable price points.
In my eyes, the genius businessman would be no better than other chiselers. You enter into a contract and you are legally and dutifully bound to perform. IMO, there should only be student loans for technological and scientific education which are more intellectually rigorous. Some courses of study do not prepare students for employment that commands sufficient compensation to honor their commitments. In that case, they should consider working a second or even a third job. Universities have grown fat by dint of these loans, and universities are some of the most wasteful institutions on the planet. Just getting rid of the diversity administrators would save millions of dollars. Diversity is far less important to a society than merit and should not be rewarded in place of merit. Presently, there is more debt encumbered by student loans than that of credit card borrowers.
Recently, a white female who scored 1550 on her SAT, took many AP courses, had a near perfect GPA, and participated in sports. She applied to several Ivy League Schools and was denied admission. In her place, many students of other races with far inferior examination scores were admitted. Hence, this girl become a victim of government sponsored discrimination.
Affirmative Action as we know it today stems from the Bakke Case, which like Roe v Wade, was an extremely poor decision. The role of the high court is not to make law, but to determine whether law comports with the Constitution. In Bakke, all argument concluded that racial discrimination was an invidious act, however Justice Lewis Powell who wrote the decision in effect destroyed the Equal Protection of the Law clause of the 14th Amendment. Powell wrote that though discrimination is invidious that it is PERMISSIBLE given there is a compelling government interest. In other words, discrimination is invidious but allowable if that discrimination is under the aegis of the government. The problem is that the downright invidiousness of discriminating creates more victims of discrimination such as the girl I alluded to above.
In this Era of Wokeness, I would offer some advice to the girl cited above. Her almost perfect scholarship did her no good gaining acceptance. So, my advice to her would be to be LESS WHITE. Interestingly, 34% of white students applying to Harvard take Elizabeth Warren’s pathway to advancement and identify as being of different ethnicity, most commonly Native American. Additionally, it might have helped her to declare herself bisexual which 12% of the class entering Harvard have so declared.
There is no better predictor of academic success than standardized testing. There is nothing racist about testing. The ethnicity of students particularly in the hard sciences is simply not as important as their aptitude. The same would be true for sports. Should we have affirmative action for Asians in basketball and football. Should less skilled Asians supplant black or white players?
I have cited many times the past paradox of the Graduate Faculty of Mathematics at MIT. The faculty felt that the graduate student body should be more diverse, but there was a dearth of minority scholars both white and black who scored at the 99th percentile level on the Math portion of the GRE. So a decision was made to admit students who achieved scores over the 90th percentile level. A student scoring on the 90th percentile would be admitted to lesser graduate schools and would likely achieve grandly. However, such was not the case at MIT whose class is comprised mostly of Asian students. To the chagrin of the MIT graduate faculty in math, not one of the students admitted with lesser scores overtook a student scoring at the 99th percentile. Such, I think, is a good reason we have minor leagues in baseball. Demonstrate you deserve to be in the major, and you are elevated to the majors. But, the guiding measure is and should be merit, not diversity.
Not a big fan of student loan forgiveness. That said, DJ is right in that college tuition has become cost prohibitive in many cases. Hard to get ahead in your career right out of school with a $300,000 bill to repay.
Once government guarantees access to a service, it begins to lose value.
What made education so valuable was its scarcity. Now that everyone is “educated” (quotes for emphasis) it’s value is nill.
The value is now directed in areas where scarcity exists…. The trades or extremely difficult disciplines that the hordes of morons avoid.
People cry that education/teachers aren’t paid well…. It’s because every woman in the world runs to that field so they diminish the market’s demand.
Here’s a great example…. Air…. Perhaps the most important nutrient to the human. Without it you’d die in under 4 minutes…. Now go bottle it and sell it on the street corner. You’ll die a poor man doing so.
That’s not true. You praise Trump all the time. He’s spent his entire career not paying vendors, not paying banks, not paying anyone. Hell, they defrauded a children’s cancer charity. You appear to only care when it’s people on the lower economic scale paying back their debts.
Some merit to the argument. However, many are working second and third and fourth jobs.
Were they? Do you have that data of who was admitted in her place and what their scores were? Go ahead and post that, if you will…
My source was an article by David Belkin in the Wall Street Journal published last month. The article does not adduce individual scores, but takes a macro-look at the various Ivy League schools, their admissions and performance data. I wrote the PIECE from memory.
I have a great problem with legacy admissions which are still quite common in most universities. Universities also admit unworthy sons and daughters of billionaires of course with proviso that there will be future gifting.
I will also admit most people don’t need to go to college. I didn’t. I had no idea what I was doing other than getting drunk, being in a fraternity and chicks. Learned a lot of stuff I never used. BUT, I wouldn’t have been in a fraternity, therefore wouldn’t have ended up starting a business with a fraternity brother. Not a good argument to go to college, though. I’m really good at Trivial Pursuit. That’s about it.
Also, it prolonged immaturity. When I graduated, finally, it took several years just to admit to myself I wasn’t still in it, wasn’t going to grad school and had to grow up. DallasCanes can attest to that one. He matured faster than most in our friend group, but most of us were still frat boys through most of our 20s.
I have spent too much time in bars playing trivia which I enjoy. One of my friends, a liberal, Seventh Day Adventist, and a major sinner and I competed regularly at Bob Baumhower’s Wings restaurant in Daphne, AL. It was major competition with players from USA (U of South Alabama), Austal Shipbuilders, Theisen Krupp, and Springhill College. We regularly scored in the national top ten venues. If you play trivia, I am easy to find, and you may find my alter ego appropriate. My friend Mike and I play under the pseudonym “Turd.” It’s always amusing seeing TVs around the restaurant declaring that the winner is TURD.
Mike and I are proficient in everything but popular music, television, and computer gaming. Until my late wife developed Alzheimer’s, I never owned a television.
I was accepted on scholarship at Cornell, but I got arrested during my senior year in prep school. The prep school Headmaster wrote to my colleges, and one by one my admissions were declined and scholarships withdrawn… Only the University of Miami accepted me without reluctance. Looking back, I have no complaints. I fought the law, and the law won, and I luckily wound up a Hurricane… Years later my Headmaster wrote me a letter of apology for his punitive behavior, then promptly kicked the bucket. Still, I am proponent of private schools with rigorous standards. I still managed to get in trouble, but my homework kept me off the street.
At Miami, I was rushed by ZBT, the powerful jewish fraternity. My roommate was a nerd, fat, and lacked all manner of social grace. His entire life revolved around becoming a ZBT frat boy like his father and uncle. I got accepted by ZBT, but Morty my roommate was cruelly blackballed. I told ZBT that I only wanted to join on account of Morty, so if Morty can’t join, I wouln’tt join either. They wouldn’t bend on rejecting Morty, and so ended my frat career. Morty recently moved to heaven. Though he never got to be a frat boy, he was graduated from the UM School of Medicine as an Opthalmologist. He married an ungly woman with giant breasts who delivered him five daughters. He set up a wonderful practice in Long Island until his unfortunate demise. Morty and I were friends for life, and he was like his family members a Democrat.
Wow, a 7th Day Adventist liberal? Never seen that one before.
Sounds like you both did quite well. My next door neighbor on the exec wing of the SigEp house was your main man, DallasCanes for several years. When we weren’t execs, we re-wrote the bylaws to make it where it wasn’t the exec wing anymore and it was just ours based upon tenure. We all stayed much longer than we should have. Fun times.
Since then, we’ve had a group email/text chain that has lasted for 25 years…talked every single day just about. Talk about commitment. Lots of shit is talked about with fraternities and deservedly so. But, I did get lifelong friends I consider family, a company, and lots of crazy stories and memories.
You should ask Dallas about his arch nemesis…the Jolly Green Giant and how he bit off his nose.
