Posted on Apr 15, 2022
Higher-education expert proposes new way for Biden to cancel student debt without Congress
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My comment, "If our politicians can not provide anything substantive for we the people perhaps they can buy some votes. It also begs the question of why the affected students today are more deserving than those of yesterday. All signed on the bottom line but the politician does not want that to a legal document?"
Democrats and advocates have called on President Joe Biden to cancel student debt via executive order. . .
Democrats and advocates have called on President Joe Biden to cancel student debt via executive order. . .
Higher-education expert proposes new way for Biden to cancel student debt without Congress
Posted from cnbc.comPosted in these groups: 
Education
Budget
Congress
Office of the President (POTUS)
Undergraduate Student
Education Budget Congress Office of the President (POTUS) Undergraduate Student
Posted >1 y ago
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Many of those who borrowed are very influential people and can easily pay back the money. Biden just want their votes.
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(I think I was mentioned by Dr Daley.) Thanks for including me.
"All" my student loans are paid. My daughters may have loans, but I preached vehemently against them, so there's not a lot of information shared with me on that front. Their daddy probably has six figures of educational debt.
In May or June my youngest is receiving his two-year Associate's degree from a local community college. Since he is a resident of NY, he pays no tuition. Because he graduated in 2020 during the original, first wave of covid, he has never had to step foot physically in a classroom. He has a 3.76 gpa, IIRC, but the poor guy has been in a room alone for the last couple years. His VA benefits through me help pay for books, fees, supplies, and room and board. He's working hard to squeeze every nickel and doing a good job of it.
I'm not sure if I can add much to the conversation, but I appreciate being included. The price of education has skyrocketed since I was in school. I understand why folks want to relieve some of the financial pressure of student loans. The weight of them can be crippling.
Maybe we'll change the way secondary education is funded or how schools explain the risks of loans or, or, or...
"All" my student loans are paid. My daughters may have loans, but I preached vehemently against them, so there's not a lot of information shared with me on that front. Their daddy probably has six figures of educational debt.
In May or June my youngest is receiving his two-year Associate's degree from a local community college. Since he is a resident of NY, he pays no tuition. Because he graduated in 2020 during the original, first wave of covid, he has never had to step foot physically in a classroom. He has a 3.76 gpa, IIRC, but the poor guy has been in a room alone for the last couple years. His VA benefits through me help pay for books, fees, supplies, and room and board. He's working hard to squeeze every nickel and doing a good job of it.
I'm not sure if I can add much to the conversation, but I appreciate being included. The price of education has skyrocketed since I was in school. I understand why folks want to relieve some of the financial pressure of student loans. The weight of them can be crippling.
Maybe we'll change the way secondary education is funded or how schools explain the risks of loans or, or, or...
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SFC (Join to see)
The price of higher education has indeed increased astronomically in the last 10 years or more. Nobody seems to be able to logically explain this yet we continue to allow it. I am curious why the greed of the colleges hasn't been brought into the conversation yet when politicians are so willing to say the gas, meat, and other industries are presently suffering from greed and that's a big part of why we are suffering from such crippling inflation presently.
I agree with Jeff up there in that if kids stop going to college, the cost is likely to go down. Frankly, we push too hard for our kids to go to college and obtain some high degree in a field they may never work in. And we look down on trade schools and tech degrees. I hate to say it (not really, I rather enjoy informing people of this) not all kids are management material. Some kids are destined to be fry cooks and sanitation engineers (janitors) and there's not really anything wrong with that. We are crushing our kids by convincing them they need to get into horrific debt for obtaining a degree that ultimately means very little these days. We should encourage kids to explore all options, including trade schools and tech schools. We are doin our country and society a disservice by failing in this. Which is why we are now experiencing a shortage in things like welders, electricians, plumbers, etc. We have taught our kids those jobs (and their associated schools) are beneath them and to go into those fields will bear shame upon them and the family. It's quite sad really.
I agree with Jeff up there in that if kids stop going to college, the cost is likely to go down. Frankly, we push too hard for our kids to go to college and obtain some high degree in a field they may never work in. And we look down on trade schools and tech degrees. I hate to say it (not really, I rather enjoy informing people of this) not all kids are management material. Some kids are destined to be fry cooks and sanitation engineers (janitors) and there's not really anything wrong with that. We are crushing our kids by convincing them they need to get into horrific debt for obtaining a degree that ultimately means very little these days. We should encourage kids to explore all options, including trade schools and tech schools. We are doin our country and society a disservice by failing in this. Which is why we are now experiencing a shortage in things like welders, electricians, plumbers, etc. We have taught our kids those jobs (and their associated schools) are beneath them and to go into those fields will bear shame upon them and the family. It's quite sad really.
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Still have my paid-in-full receipts. Updated to present worth and I = good to go. Thank you Uncle Sugar!
https://www.pgpf.org/national-debt-clock
https://www.pgpf.org/national-debt-clock
What Is the U.S. National Debt Right Now — and Why Is It So High?
See the latest numbers and learn more about the causes of our high and rising national debt.
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