Biden administration to cancel student loan debt for at least 40,000 borrowers. SCOTUS strikes down Biden’s student loan relief plan
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A useful conversation that we should have is the misplaced value we put on college education as in the Black community. We overvalue degrees and undervalue income production. Higher education is a tool. If you paid for that tool and not using it effectively, then getting that tool should not be applauded. There are too many MBAs and useless BAs and not enough registered Nurses(over 100k), Longshoremen(over 100k but getting phased out), Firefighters(over 100k in California), Cops(over 100k in California), Plumbers( over 100k if in business for self), Private Investigator(over 100k), and Maintenance Technician(Garbagemen)(over 100k).
They use price, income, education, debt to segregate themselves. The elimination of debt will allow more black women to live next to their white boo instead of being with us in the hood.
By providing some sort of universal college education like they do in many homogenous countries, it would be a huge wealth transfer. This prevents that from happening.
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This is the route I chose……didn’t like it. But I’m bout to have my masters done from a top school. I been trying to pay off my last bit of debt for a couple years through PSLF. either way, my shit will be paid off. In addition to the military route, I spent all my college days working. Never had a spring break. Never had mad crazy parties. Missed a lot of the “fun” shit. But my credit been in the 800’s for some years. And I don’t worry about crushing debt. I get the argument on both sides.
its great people are getting relief. But the average amount of debt is about 40k. If u pursuing med school or something professional like that 20k isn’t shit. People should use the opportunity with the little extra cash they’ll have to buy a home or invest wisely on something that will pay them in the future.
Next, if there’s no method in place to cap how expensive college are, this is all for naught. They have been raising tuition for decades. And I doubt schools with billion dollar endowments are going to cater to the people. So until congress fixes that, this is a tiny stitch on a massive wound. People, in the meantime need to do research before attending college of any sort. U may need to save up before attending. Look and actually APPLY for grants and scholarships. Attending community college and get as many general Ed classes out the way for a fraction of the cost so you can transfer to a big name university and pay less. Consider taking a job that offers tuition assistance. U don’t have to stay forever but do the job (if you are mentally and physically able) until u get the educational benefits. These are things we need to consider. Niggas acting like 10-20k (which nobody has even got her) is gonna really lead you to the promised land. It won’t if you still have the same irresponsible behavior due to Ignorance. At the end of the day we, as black folk still gotta hello ourselves.
If your loans are over 20k you better be getting a degree that would not make you quality fit the relief. In other words you make more that $125k.
Good data. I think this is the catalyst to start the conversations for education reform.
This guy is next in line to replace the turtle. Btw he was one of the Senators to go to Russia on the 4th.
The pro-whites are truly pathetic at this point. They are willing to trade their life to maintain racism and keep the caucasian in power.
October?!? They are daring an October surprise. Oh well.
Glad you aint in Congress then. Shut the fuck up.
Who is "we"? You gonna get your wake up call soon nigga.
Who is "we"? You gonna get your wake up call soon nigga.
We is America and its systems.
Everyone wants a $15 federal minimum wage until small business shuts down and companies have to lay people off to deal with their labor cost doubling overnight.
Everyone wants universal healthcare until the city's biggest medical employers have to close their doors (I'm looking at you Minneapolis, Cleveland and Oakland)
Likewise Everyone wants their student loans cancelled until it becomes nearly impossible for their kids to get into college.
All of these are great goals, but sudden changes of this magnitude come with unexpected consequences that can make problems worse.
They have to be rolled out in an appropriate time and manner or everything collapses.
Why is he dressed like The Chief from Undercover Brother?
That is very fair. The paid talking heads that devalue education for others, but send their kids to the bestt schools will never say this. They want less competition for their mediocre kids, and to keep others from recognizing bullshit after learning some advanced concepts in college.
Very rarely does a black person look older than they are, unless it's a height thing or a facial hair thing. This dude looks like he's 40.
A transition requires moving a little at a time to achieve a desired goal. The excuse that we can't do anything because we aren't ready is crafted by lobbyists to avoid legislation that hurts their employers.
In this scenario, I think we're stuck between 3 and 4 on reparations....none of the party's leadership has really pushed the idea of even studying reparations. It's just like these people that have these huge student loans, you know the loans accrued, but it's so big that you dont even want to look at the bill when it comes due.
I’m $800 away from being done with my SL at this point ima go head write that check and call it a day but for those that will have theirs forgiven I say good not even mad.
this country need to kick in for regular folk from time to time. Year in year out US military get enough bread to end poverty, homelessness. Banks and business get tax cuts and bail outs for fuckin up they money. Police shooting settlements paid from tax payers and no one gets up in arms about that.
regular everyday folks need and are entitled to a break/kickback too
this country need to kick in for regular folk from time to time. Year in year out US military get enough bread to end poverty, homelessness. Banks and business get tax cuts and bail outs for fuckin up they money. Police shooting settlements paid from tax payers and no one gets up in arms about that.
regular everyday folks need and are entitled to a break/kickback too
We is America and its systems. A strong system can adapt to change. This system has been tested for centuries
Everyone wants a $15 federal minimum wage until small business shuts down and companies have to lay people off to deal with their labor cost doubling overnight. If your business model depends on exploitation and you can't adapt and scale, then maybe the business isn't good for society. Maybe the Feds shouldn't do it overnight but it needs to be raised and scaled up.
Everyone wants universal healthcare until the city's biggest medical employers have to close their doors (I'm looking at you Minneapolis, Cleveland and Oakland) Rural hospitals are already closing at a rapid rate and cities are building price gouging ER medical facilities.
Likewise Everyone wants their student loans cancelled until it becomes nearly impossible for their kids to get into college. Multiple Colleges have already closed their doors. Schools have already received their money. This is money owed to the Feds and the banks(which are already used to people filling for bankruptcy.
All of these are great goals, but sudden changes of this magnitude come with unexpected consequences that can make problems worse.
They have to be rolled out in an appropriate time and manner or everything collapses.
What is the appropriate time? It seems to me a lot of these problems were caused by neglect and the shutdown exposed all of it.
Everyone wants a $15 federal minimum wage until small business shuts down and companies have to lay people off to deal with their labor cost doubling overnight. If your business model depends on exploitation and you can't adapt and scale, then maybe the business isn't good for society. Maybe the Feds shouldn't do it overnight but it needs to be raised and scaled up.
Everyone wants universal healthcare until the city's biggest medical employers have to close their doors (I'm looking at you Minneapolis, Cleveland and Oakland) Rural hospitals are already closing at a rapid rate and cities are building price gouging ER medical facilities.
Likewise Everyone wants their student loans cancelled until it becomes nearly impossible for their kids to get into college. Multiple Colleges have already closed their doors. Schools have already received their money. This is money owed to the Feds and the banks(which are already used to people filling for bankruptcy.
All of these are great goals, but sudden changes of this magnitude come with unexpected consequences that can make problems worse.
They have to be rolled out in an appropriate time and manner or everything collapses.
What is the appropriate time? It seems to me a lot of these problems were caused by neglect and the shutdown exposed all of it.
Basically this...
Wants poor to stay poor
I knew jemele wasn't a coon but a job is a job.
Yes, the schools have already received their money from the student loans that were already issued. But where do they get the next check from if there aren't any future student loans?
Either you have to cater to the mega rich who can pay for their education in one check or shut down your doors for good.
IMO a better question is how do we get education back down to the price point it was at 40 years ago? It would take a lot more than just canceling the debt of people who have already graduated.
You sound crazy. There is no scientific evidence that says blacks always look younger than they are. Smh.
Outside of attendance, schools receive funding from athletics, research, endowments and donations. Schools need to focus on more specialized fields and stop doing general study and pre requisite courses. Leave that to community colleges. Also start expanding the models of the income share agreements(where schools get a percentage of future earning for a short period of time).
Also get rid of for profit Universities.
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