College Girl Solves The Student Loan Crisis

 
Sandtrap
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I think Verb got off on the wrong foot here. In general, ya, 90% of the time, fuck the rich.

The real issue here is that education shouldn't have limits placed on it due to monetary issues. Education shouldn't even have monetary limits on it in the first place. It should be free to access for everybody regardless of their wealth.



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His eyebrows sparkling, his white beard hangs down to his chest. The thatched mats, spread outside his chise, spread softly, his splendid attos. He polishes, cross-legged, his makiri, with his eyes completely absorbed.

He is Ainu.

The god of Ainu Mosir, Ae-Oine Kamuy, descendant of Okiku-Rumi, He perishes, a living corpse. The summers day, the white sunlight, unabrushed, ends simply through his breath alone.
tell me why we should bail out people who grabbed a shovel, started digging, and are only just now realizing that they've dug themselves into a hole? In my eyes they deserve it, and need to find a way out themselves. What's your reasonig behind helping someone like that?
All they want is an education. Something I consider a birthright.
you have the right to a general lized education be living in America.
Deciding to specialize in something further is your own choice, and contrary to popular belief, not a requirement for a decent life.
To be fair, now, generalized education in the US is a mess and one of the primary reasons why a college degree is seen as a "requirement" nowadays.


 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
You'd still be a terrible person for not wanting your wealth to help future generations get an education.
Wealth doesn't just sit in a vault, y'know. It cycles through the economy.


 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
who the FUCK wants to file for bankruptcy
People who can't pay their debts, perhaps?

Filing for bankruptcy allows individuals to either have their debt discharged or restructured, which is usually better than having a fucking huge debt burden lingering unchanged over your head regardless of your finances.


 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
It IS a necessity in today's job market.
It really, really isn't. The wage premium on a college education indicates that, yes, if you can you should go for it. But why does that justify the appropriation of income from the whole population to pay for the concentrated benefits individuals will enjoy?

The positive externalities of higher education are incredibly low; taking money from people to pay for my higher education is immoral.


Lord Starch | Ascended Posting Rampage
 
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They're not going to accomplish much. Until enough people stop going to college to the point where their profit drops, tuition will still be high.
Plus I don't think college should be free, but it definitely should be a lot cheaper. Student debt is a real big problem and it's obvious the system is a little fucked up. I have scholarships and still took out a loan for some semesters so I'll have that lingering over my head. Thank god I'm in stem so I can pay that shit back asap.
being in STEM doesnt guarantee a job dude, take it from an aerospace major. Experience, and drive gets jobs, not degrees
You act like I'm not getting internships and joining engineering societies. If you can't get a job with an aerospace degree then you did something wrong. Also degrees get jobs, hence why people spend thousands on college educations. I'd be much better off with a degree than without.
Last Edit: November 14, 2015, 06:59:26 AM by Lord Starch


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It IS a necessity in today's job market.
It really, really isn't. The wage premium on a college education indicates that, yes, if you can you should go for it. But why does that justify the appropriation of income from the whole population to pay for the concentrated benefits individuals will enjoy?

The positive externalities of higher education are incredibly low; taking money from people to pay for my higher education is immoral.
This logic can basically be applied to anything resembling socialism.


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I think Verb got off on the wrong foot here. In general, ya, 90% of the time, fuck the rich.

The real issue here is that education shouldn't have limits placed on it due to monetary issues. Education shouldn't even have monetary limits on it in the first place. It should be free to access for everybody regardless of their wealth.
Technically, you can educate yourself on anything with the internet and books.  You can buy college course materials and watch free lectures online.  The only thing you really miss out on is networking, a guiding hand, and a piece of paper certification.


 
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I think Verb got off on the wrong foot here. In general, ya, 90% of the time, fuck the rich.

The real issue here is that education shouldn't have limits placed on it due to monetary issues. Education shouldn't even have monetary limits on it in the first place. It should be free to access for everybody regardless of their wealth.
Technically, you can educate yourself on anything with the internet and books.  You can buy college course materials and watch free lectures online.  The only thing you really miss out on is networking, a guiding hand, and a piece of paper certification.
You mean the most important things?


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I think Verb got off on the wrong foot here. In general, ya, 90% of the time, fuck the rich.

The real issue here is that education shouldn't have limits placed on it due to monetary issues. Education shouldn't even have monetary limits on it in the first place. It should be free to access for everybody regardless of their wealth.
Technically, you can educate yourself on anything with the internet and books.  You can buy college course materials and watch free lectures online.  The only thing you really miss out on is networking, a guiding hand, and a piece of paper certification.
You mean the most important things?
Depends on your definition of education.  Is someone self-taught, with no peers in their field or a degree but proficient at what they do uneducated?  I mean, those things are nice, but are not necessary in all cases. 


 
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This is the way the world ends. Not with a bang but a whimper.
It IS a necessity in today's job market.
It really, really isn't. The wage premium on a college education indicates that, yes, if you can you should go for it. But why does that justify the appropriation of income from the whole population to pay for the concentrated benefits individuals will enjoy?

The positive externalities of higher education are incredibly low; taking money from people to pay for my higher education is immoral.
This logic can basically be applied to anything resembling socialism.
Not really. . .

The positive externalities of basic science research are incredibly high, which justifies government funding. It's a practical question, not an ideological one.


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It IS a necessity in today's job market.
It really, really isn't. The wage premium on a college education indicates that, yes, if you can you should go for it. But why does that justify the appropriation of income from the whole population to pay for the concentrated benefits individuals will enjoy?

The positive externalities of higher education are incredibly low; taking money from people to pay for my higher education is immoral.
This logic can basically be applied to anything resembling socialism.
Not really. . .

The positive externalities of basic science research are incredibly high, which justifies government funding. It's a practical question, not an ideological one.
Uh, when did we go from college tuition to funding scientific research? If we're talking practicality, then we should address the current system is flawed and should be addressed with some kind of support for students. Aside from loans of course.


 
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This is the way the world ends. Not with a bang but a whimper.
Uh, when did we go from college tuition to funding scientific research?
I said the society-wide benefits of higher education don't justify its funding through a general tax. You said that argument could be applied to any "socialist" idea or proposal; I said, no, because things like science funding are sufficiently beneficial to justify a general tax.

It's a practical consideration of a certain funding model, which is ultimately unjustified.


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Uh, when did we go from college tuition to funding scientific research?
I said the society-wide benefits of higher education don't justify its funding through a general tax.
But this statement isn't inherently true. I don't necessarily disagree with it in terms of American economic standards, but it seems the primise of your argument relies on your opinion being presented as fact. But I digress.


 
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This is the way the world ends. Not with a bang but a whimper.
But this statement isn't inherently true.
It's an empirical conclusion; I can show you the research, if you want.


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But this statement isn't inherently true.
It's an empirical conclusion; I can show you the research, if you want.
Eh, I'm always prepared to be proven wrong. I'm interested now.


 
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This is the way the world ends. Not with a bang but a whimper.
But this statement isn't inherently true.
It's an empirical conclusion; I can show you the research, if you want.
Eh, I'm always prepared to be proven wrong. I'm interested now.
NBER


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But this statement isn't inherently true.
It's an empirical conclusion; I can show you the research, if you want.
Eh, I'm always prepared to be proven wrong. I'm interested now.
NBER

How does this support the conclusion that social benefits of higher education isn't justified by tax funding? All this study concludes is that there is a tangible, positive effect from increasing the supply of college-educated workers.


 
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This is the way the world ends. Not with a bang but a whimper.
But this statement isn't inherently true.
It's an empirical conclusion; I can show you the research, if you want.
Eh, I'm always prepared to be proven wrong. I'm interested now.
NBER

How does this support the conclusion that social benefits of higher education isn't justified by tax funding? All this study concludes is that there is a tangible, positive effect from increasing the supply of college-educated workers.
"A percentage point increase in the supply of college graduates raises high school drop-outs' wages by
1.9%, high school graduates' wages by 1.6%, and college graduates wages by 0.4%."

Those social benefits are incredibly small.


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How does this support the conclusion that social benefits of higher education isn't justified by tax funding? All this study concludes is that there is a tangible, positive effect from increasing the supply of college-educated workers.
"A percentage point increase in the supply of college graduates raises high school drop-outs' wages by
1.9%, high school graduates' wages by 1.6%, and college graduates wages by 0.4%."

Those social benefits are incredibly small.

While I generally agree, you can't call that an empirical conclusion. It's just your subjective interpretation.


 
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This is the way the world ends. Not with a bang but a whimper.
How does this support the conclusion that social benefits of higher education isn't justified by tax funding? All this study concludes is that there is a tangible, positive effect from increasing the supply of college-educated workers.
"A percentage point increase in the supply of college graduates raises high school drop-outs' wages by
1.9%, high school graduates' wages by 1.6%, and college graduates wages by 0.4%."

Those social benefits are incredibly small.

While I generally agree, you can't call that an empirical conclusion. It's just your subjective interpretation.
Wait, I fucked up. I mean the magnitude of the externalities is a question for which we have an empirical answer. My judgement that they are too small to justify a general tax are indeed subjective. That wasn't very clear.


 
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who the FUCK wants to file for bankruptcy
People who can't pay their debts, perhaps?

Filing for bankruptcy allows individuals to either have their debt discharged or restructured, which is usually better than having a fucking huge debt burden lingering unchanged over your head regardless of your finances.
I never said they shouldn't be able to, though.

My contention is that things should never reach that point in the first place.

welcome back by the way


 
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This is the way the world ends. Not with a bang but a whimper.
welcome back by the way
Didn't know my absence had been noted.

I've had a bunch of exams and assignments recently, and I have a fucking statistics exam Monday evening.


 
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This is the way the world ends. Not with a bang but a whimper.
Didn't know my absence had been noted.

I've had a bunch of exams and assignments recently, and I have a fucking statistics exam Monday evening.
People thought you killed yourself lol
Fuck me.

This happens every time I take a hiatus.