Why is the student debt issue considered an issue?

People choose to take debt. They weren't forced to, they elected to in order to go to college. Seems like their personal problem

Attached: ruined.jpg (780x1024, 168K)

1. if education is supposed to be a net gain then why wouldnt the government pay for it.
2. People generally choose to go to college when they are young and stupid (or better people are more prone to money risk at a young age)
3. Usury is immoral

Attached: 1542502237443.jpg (500x381, 99K)

>1 post by this id

>Seems like their personal problem
What do you think happens to the economy when 45 million people are paying 15% of their income to banks and the government instead of spending that money on buying houses, cars, having kids, etc. What should be only their problem has become everyone's problem, if you own a business, every time someone makes a student loan payment, that's money you aren't getting, since people are having less kids, they have to import people from third world countries to make up that difference. It turns out loading and entire generation down with debt is a really dumb thing to do and is part of what is destroying our society. Imagine my shock.

The reason banks were lending out this money is because the government declared that student loans aren't eligible for bankruptcy. Otherwise no bank would not lend out this amount of money to 18 year olds. I think that should end, and it would cause tuition to go down.
However we absolutely shouldn't cancel debt due to people's irresponsible choices.
>1. if education is supposed to be a net gain then why wouldnt the government pay for it.
College isn't a neccessity, why should we pay for it? I'm a political science major, so I certainly wouldn't expect the government to pay for my degree that doesn't have an immediate post-graduation job (not important for me since I have enough money to go to grads school)

This

Predatory colleges price-gouging students

Attached: college-tuition.png (800x560, 21K)

>go to college get good job
>go to college get good job
>go to college get good job
(ships jobs to shit-hole-istan)
>you chose to take out these loans when you were 18 years and 1 day old, you live with it
(pockets massive bribe from banking cartel)

Attached: evil_eye_mood.jpg (1280x720, 60K)

The cost of higher education in the US is increasing ridiculously fast because of student loans. Banks expand the ability of young people to pay for college. Facing an increase in demand, universities increase prices, making students more reliant on student loans. Moreover, you cannot default on student loans.

The end result is that both universities and banks extract more value from students and access to education is unchanged.

This is Jewry of the highest order.

It's time to forgive student loan debt, and take that forgiveness straight from the endowments of the universities.
From that point onward, any student loan is co-signed with the university responsible for 50% of any default value.. from its endowment.
OH HOW FUCKING FAST THE BULLSHIT SJW DEPARTMENTS WOULD WITHER AND DISAPPEAR!

Attached: krankor.jpg (600x338, 20K)

Great attitude, you a jew or a glownigger?
Fuck your fellow countrymen, let kikes eat em alive, it's their own fault!
Piece of shit.

Yet another scam. Both the US government and corporations would rather import "diversity" from India and China with the same degrees as anyone born in the US without the added strain of student debt and expectations

If you don't exploit this loan bubble now for a STEM degree or two then you're retarded

It's all going to get written off next crash

So, my porn studies degree is worthless?

Is it normal to spend +$100,000 on college in America or just for certain degrees?

I think I'll have to pay something like $30k-40k for my university, which is a lot but not nearly as much as how much americans pay

Attached: 1566251267655.png (549x560, 258K)

>People choose to take debt. They weren't forced to, they elected to in order to go to college. Seems like their personal problem

Business leaders demand more and more education. A generation got that education. then businesses acted like an education doesn't count for shit.

tl;dr boomers made it an issue

My 4 year degree will be around $40k, with instate tuition and a small scholarship

30-40K is average I believe. If you went to an elite private university or got a masters degree you might hit 100K. Also what racks up bills is people wanting to have a "real college experience" and so they will go out of state and pay extra as a result on top of room and board because they only got into a local state school and would be a commuter student.

>you chose to take out these loans when you were 18 years and 1 day old, you live with it
what a stupid fucking argument.

>also what racks up bills is people wanting to have a "real college experience"

Oh yeah. This is true
I stayed on campus one year and it cost more than tuition

Hollywood seriously abetted this. It's trained people to not take college seriously, and that you have to live in a dorm you can hook up with people and get black out drunk all the time.
>"Don't commute to local State U. Goyim, what are you a loser? Don't you want to party like Animal House and Van Wilder?"
>"Oh, you're not going to graduate on time Goy because you partied too much and failed a bunch of classes? Don't worry, we'll give you more loans, take another year or two..."

>1. if education is supposed to be a net gain then why wouldnt the government pay for it.
A ton of the loans are federally subsidized loans, so by offering a low rate, they are to an extent.

>They weren't forced to,
No they just had it pounded into their head by the school system for the last 12 years and probably everyone else they know for their entire life and then they get there and find out its $700 per class + bullshit fees + mandatory $400 textbook that etiher the professor wrote himself or the professor was paid at a seminar to require and its the 12th edition for that year and no last years copy wont work but good thing we have a student load department right down the hall :^)
Then they are forced to sign up for meme classes that have fuck all to do with their major, and required meme classes that the school requires for no fucking reason.
Then the find out the professors all have tenure and none of them do their fucking job so when you fail the final and the professor makes up grades for everyone and you get an F because you didnt kiss enough ass and have to retake the class again because nothing on the final was ever covered in the class or in the book that had fuck all to do with the class.

Universities need gutted and regulated just like normal schools. Everyone thats taken any number of classes in the last 40 years should be given at least a 60% refund. Everything about modern universities is a scam.

Before I can even begin to accepting the idea of cancelling debt I need assurances that debt just won't be an issue again in 10 or so years. Every democrat politician is saying to forgive it but doing nothing to prevent it again. IMO there should be limits to what you can get loans in and it should all be based on market demands at the time. It's not a perfect system by no means and demands can change, but it is safe to say a gender studies degree won't be in demand in 10 years and a comp sci degree may still be or at least get you a job. This will never happen though because these liberal arts programs will collapse over night

Fuck off, boomer jew.

Its not so much "spending" as it is the usury, though it does depend on the degree and the school.
Like there's people who took out $40k in loans, have paid back $35k, and still owe something like $30+k on the loan still, because of the interest. So it's very easy to end up in $100-200k debt off of a $40-60k loan.

take the money away from boomers medicare and pay for it

The "economy" is fine with you paying state and federal income taxes, 50% of which go to exclusively finance the interest on existing state and federal debt. Your argument that 15% is a burden when people spend 30% of their annual income in taxes (assuming they make more than 30k a year and actually do pay taxes) is not really a valid argument that things will screech to a halt when it is already weighted down with other burdens. All you are looking at is a slight slowdown, nothing that brings the system to a halt. Reduce taxes, not private debt thru additional taxation you noob.

This
Easiest way to do this is when a student files for bankruptcy, the university has to pay the amount in clawbacks.

Students self-selecting for colleges with ridiculous amenities and hundreds of administrators.

colleges nowadays are nothing but glorified adult care centers.

imagine if this shit was free (taxpayers funded) every refuck would go and learn some inanw degree that will benefit no one.

It is a national issue because it's literally a Jewish scam to keep the goyim in endentured servitude for life.

Go in debt for collage
Go in debt for a house
Go in debt for a car
Go in debt for a child

This is exactly what happen in Germany after ww1. The difference now is that the Jew has learned how to keep the goym pacified by providing them with cheap food, entertainment and porn.

Saying it's just the responsibility of the individual is bullshit Jewish mind poison. Every other group thinks in racial and tribal method. It is only white who have been poisoned into thinking in group identity. This is why the Nazis were such an existential threat to Jewish international hegemony. It was the last great movement that allowed whites to think in terms of group identity.

They were pushed into taking those loans by their entire society. “You HAVE to go to college.” The schools start in on them in their junior year of high school and push it relentlessly until graduation. The schools are judged by the percentage of students who apply and are accepted to colleges. Parents and family push college as well, and the kids are bombarded with it on TV. Blaming a bunch of 17-18 year olds who are literally brainwashed for years as kids to believe that they have to go to college is counterproductive.

Imagine being in High School. You're finishing your last year and you go to graduation to walk. While you're sitting in that stadium or field amongst your friends and family with all your hopes and future laid out before you, the faculty brings in some Marxist cunt from some university to give you and your friends a pretty pep-talk about your future in college and/or finding yourself in a job you love. You're stoked, you're full of hope and you have zero life experience to tell you this guy at the podium is full of utter fucking shit.

For one reason or another you scout colleges; they all have interesting programs for degrees that look qualifying for your skills or ambitions. You apply and you interview. The schools don't tell you that they are in bed with the government and other entities in such a way that tuition costs have absolutely sky rocketed while the product sold to the student has remained the same or become of less quality in some cases. The young people, with zero life experience, who are often times the first person in their family to go to college are sold a pretty diploma with promises of job placement upon graduation. The college system is gamed hard fucking core.

TL;DR:
>kids in high school with their lack of life experience and dreams of becoming better than their parents are taken to the financial cleaners by the government, banks and colleges under the premise of a pretty diploma and guaranteed job placement in their respective fields only to find out they are saddled with extreme debt, no job placement and unable to buy a home or start a family or both all the while the colleges and banks laugh and finger each other in their asses

>trick 17 year old into signing on to 100,000 in denbts plus 200,000 in interest
>"WHOA DUDE IT'S NOT LIKE THEY WERE FORCED TO DO IT"

only a literal kike is unable to understand why that's fucked up.

What your saying is true, but it's small-minded to judge the situation using that kind of thought.

>people choose to take dept
>people choose to go to college
>personal problems
>society has been shilling college for the past 70 years
>boomer parents tell their children that "if you don't go to college, you're a failure"
>if you want a good job, go to college
>can't drink until 21 but can take out a loan for hundreds of thousands of dollars at 18
>advertising doesn't work btw
>political campaigns are ineffective
>we're all perfectly independent agents who make decisions in a vacuum.
How fucking retarded are you?

>People choose to take debt. They weren't forced to, they elected to in order to go to college. Seems like their personal problem
People paying off debt aren't spending on goods and services. If a large portions of people stop buying shit you end up with problems as more businesses can't turn a profit

>The schools start in on them in their junior year of high school
Kek they started with me when I was in elementary school.

Nah bro, we just import the entire third world to our countries to consume the goods we can't! IT'S GENIUS!

Yes but government spending employs people for better or worse. Most private debt payments is being funnelled back just into inflating asset prices higher and higher

Because for a long time, with boomers and early gen-xers in all employers' positions who have a strict degrees-matter-no-matter-what-kind mindset college has been and for now, still is a necessity for getting a job if you don't have an uncle or a dad who can get you one.

>Portland Oregon
Wonder what she studied. Turns out degrees in white devilology aren't worth much in the private sector.

>REEE 18 YEAR OLDS SHOULD ALREADY HAVE THE MATURITY OF 60 YEAR OLDS

It should be illegal to loan more than 1000 dollars to anyone under the age of 25

The education system funnels more and more kids from each successive generation into post secondary education. They are led to believe it is how they proceed to the next stage in life. The student loans can be had easily and not enough is done to vet the kids applying for this stuff to make sure they have plans to return this investment. They will allow the debt to grow to unmanagable heights without cutting them off even though it is obvious they are lost in the system.

It's a very predatory system that preys on the naive youth. Most of it should be forgiven on the grounds that the kids signing their lives over arent mature/experienced enough to make that decision.

Not only that, but also the tution costs are down right criminal.

Thing is, I'm not particularly opposed to the idea of paying back a loan, but when you make a $300/month payment and 290 of it goes to interest, there's a problem here.

>highly impressionable young people literally brainwashed by boomers and kikes that a college education is mandatory to not be a failure in life
>incredibly easy for these young people to get quickly approved for large amounts of money with lots of fine print and ridiculously high interest rates
>and the kicker: non-dis-chargeable through bankruptcy, the cornerstone right of modern lending
>more kikes and boomers encourage "follow your dream" majors instead of practical majors.
>"Oops, you're a debt slave for the rest of your life with no way out! :^)"

I'm all for personal responsibility but this is a jewish plot disguised as muh personal responsibility

Interest is high because the people taking the loans have no credit

>rubs hands vigorously

It's society's problem because it is destroying the white birth rate. Thinking of it as an individual problem is Boomer-tier idiocy.

Attached: US white population change.png (982x1605, 617K)