AOC - can she get any dumber

El OchoCinco said:
If Duke and Syracuse and George Washington want to charge $80,000 a year in tuition and room and board and fees then let them, free market. But you dont have a right to loans from the government to pay for that if you are not qualified.
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Yep, the other basic point that gets underdiscussed is that if you cap the amount per borrower then there is more money in the government program to go around to others. Yeh, I know, basic but important.

There is- and this is a good thing- an army of students out there who may be working as the night manager at Denny's, taking courses at the community college, and patching in some online courses to achieve their goals and dreams. If you lend 80k to one student to go to his yuppie choice that takes a lot of money that could be spread around. This is a government program for chrisesake. It is supposed to be about giving people a shot at a basic college level education- not about putting unlimited frosting on everyone's cake.
 
El OchoCinco said:
Making a small profit helps to cover the overhead and cost of running the loans....that is why Sallie Mae runs the same as Freddie and Fannie... that is why the progressive side is out of touch screaming about free colleges and no interest no profit school loans. If they dont make a profit to cover overhead then taxpayers still have to pay for it as it comes out of Dept. of Ed budget.

There are community colleges and state schools which dont require $80,000 a year in total cost and thus much lower borrowing.

If Duke and Syracuse and George Washington want to charge $80,000 a year in tuition and room and board and fees then let them, free market. But you dont have a right to loans from the government to pay for that if you are not qualified.
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VA has a pretty good Community Collage system. You can do 2 years at Richard Bland (affiliated with W&M) and they have a guaranteed transfer program to a number of other state colleges/universities including W&M.

https://www.rbc.edu/
https://www.rbc.edu/why-rbc/four-year-transfer-partners/
 
Arnie said:
VA has a pretty good Community Collage system. You can do 2 years at Richard Bland (affiliated with W&M) and they have a guaranteed transfer program to a number of other state colleges/universities including W&M.

https://www.rbc.edu/
https://www.rbc.edu/why-rbc/four-year-transfer-partners/
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Almost eveyr state has either a good community college system that ties into a state school or several state schools to choose from.

For example we know about NJ and Rutgers but NJ has several other state schools.
Same with California, Michigan, Virginia and North Carolina. Amazing state schools that are hard to get into as they are highly ranked but also large numbers of smaller state schools that are still very good.
 
gwb-trading said:
I am sure that you are one of the few people interested in this.
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By the hard hitting journalism over at Fox of all things AOC, you'd think it'd have been covered by now.

PS: that Simpson's GIF was preemptively posted as I had seen today's talking points by the MAGA crowd
 
TreeFrogTrader said:
profiting-on-student-loans-is-wrong-it-is-morally-wrong-37764404.png
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Y'all going to die from brain rot. Apparently no one has heard of Piezoe's Law: "Everything should make sense."

OK guys, ask yourself, would a smart politician like Warren do that? Of course not. Give me a break. I'm certain this poster (or whatever it is) presents a lie!, at least as written. -- not surprised this is a TreeFrog contribution.-- Yes, the amount is likely approximately correct -- who ever promulgated this shit no doubt had access to Warren's public fillings as a member of Congress. But consider a full professor salary at Harvard* is probably in the 200-275K/academic term range. So most likely that 400K is two, not one, years' salary as a law professor and she'd likely teach two or three classes, not one, over that time in addition to doing research and publishing.

Obviously, people like TreeFrog are dangerous and should not be allowed to vote.

So every one take their heads out of their asses now and take a breathe of fresh air.

*Harvard is known to be generous, but they may expect their professors to eat ivy just for the privilege of teaching there. --- I shudder to think of how they may abuse their untenured Ass't Professors. The Boston area is very high cost of living area.
 
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