How's That Hopey-Changey Thing Working Out For Ya?

| 11 Comments

WSJ (behind paywall)- Some seven million Americans are in default, many of them ignoring phone calls, emails, text messages and letters from debt collectors


11 Comments

Full Speech: Donald Trump Delivers Remarks on the Economy in Detroit, MI 8/8/16


http://commoncts.blogspot.com/2016/08/full-speech-donald-trump-delivers.html

John, this thread is about another topic.

These people hail from the doctrine of make-the-rich-pay. It's the net product of what they paid so dearly to acquire. Never do the pangs of guilt interfere with their self-serving Marxist-rationalized arrogance.

I was taught to save a percentage of my income for my childrens education and my retirement . It was a sacrifice. But I was rewarded. I put my kids through university who are now educated independent wage earners with only debts they know how to manage. I have 60 year old relatives living pay check to pay check with uneducated children carrying the torch of ignorance forward. They are waiting for the saver to save the dippers. Good Luck with that.

Thanks for the link. I won't pay the WSJ a penny. The taxpayer is on the hook for everything. Worker bees are chumps and will pay.

By the way it's a good speech tool

I don't usually link paywalled items, but the headline covered the basics.

No worries. Hillary will promise to forgive loans to help win election. No chance of administrators or profs salaries going down of course to reduce tuition fees.

Read all I needed to know in the link. thanks.

Also found this little gem-
Instead of paying his student loans he bought a Subaru WRX that carries a $445 monthly payment.

When the feds garnish his wages, and he goes into the grocery store to use his food stamps,
our bank repossession expert will steal their car back.

The VERY FIRST thing Obama did after taking office was to have the Federal Gov't. take over ALL educational lending. What Obama did was to effectively create a new WELFARE program for the "urban" poor. Now ... they could simply go to beauty college and whatnot, to collect living expenses $$$ from the Federal Gov't. The vast flow of $$$ into Universities has created a Golden Age for professor salaries and ushered in an incomparable building boom.

My youngest son's tuition at UCLA was raised in every-single-semester (except one) during his years there. By contrast, my daughter had her tuition raised only ONCE during her previous tenure at UCLA.

I fully expect Obama to waive all student loan debt before he leaves office. If not ... Hillary surely will. After all ... we NEED more "Gender Studies" graduates in our society.

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Recent Comments

  • Kenji: The VERY FIRST thing Obama did after taking office was read more
  • Fearless Leader: Read all I needed to know in the link. thanks. read more
  • Nicola Timmerman: No worries. Hillary will promise to forgive loans to help read more
  • Kate: I don't usually link paywalled items, but the headline covered read more
  • Margaret Berger: By the way it's a good speech tool read more
  • Margaret Berger: Thanks for the link. I won't pay the WSJ a read more
  • DanBC: No paywall.................same story http://www.msn.com/en-us/news/us/student-loan-defaulters-in-standoff-with-government/ar-BBv7HvM?li=BBnb7Kz&ocid=mailsignout read more
  • nic : I was taught to save a percentage of my income read more
  • frs: These people hail from the doctrine of make-the-rich-pay. It's the read more
  • NME666: John, this thread is about another topic. read more