US US Politics General - Discussion of President Biden and other politicians

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Corn Flakes said:
Doctors and lawyers do complain about it sometimes. Even the ones that got theirs paid off quickly. The cost of education is extortionate, after all. They just have more to do than to be on reddit bitching about it all day, so you usually only see it when you ask them about it.
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Yea but it's a standard complaining, no one likes being in debt or high costs.
 
The fact so many people think the debt can just be "forgiven" really shows just how fucking awful the education system in the US is all around, I think.
 
Corn Flakes said:
It's funny how the cost of education ballooned once loans became pretty much guaranteed, much like healthcare premiums shot up when health insurance became mandatory. What a coinky-dink, that one. It's almost as if guaranteeing income results in price increases because the entities involved have found a money teat they can suck dry.
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This is why I find myself laughing at the American left so much. Their ideas are retarded. Their leaders are all plutocrats with a vested interest in maintaining the status quo, while their footsoldiers, for all their big-worded dialectic, can't actually conceive of political reform beyond "capitalism but I get free stuff".

Student debt should not exist, because universities should not be profit-driven clearing houses for the useless and the lazy.

Cuckoman said:
Maybe they could learn to drive trucks, or stock shelves?
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They're the anointed leaders of the neo-marxist maoist new revolution! You can't expect them to engage in physical labour! Unionise the camgirls!

Their university "education" has given them an overblown view of their own intelligence and value. Actual work is beneath them, in their estimation, because they're destined for the greatness of ushering in the post-scarcity utopia, where everyone (meaning them specifically) is fed and clothed by the social machine and can spend the whole day masturbating and watching anime without authority figures demanding effort and productivity from them.

They're stupid people who have rote-learned big words that make them sound smart to one another, but to everyone else they just sound like puffed-up, arrogant shits.

They dream of following the current media-political class into leadership and power, which is why they fawn over decrepit fossils like Pelosi, Biden, and Sanders, why they idolise young and useless "leaders" like AOC, and why they unquestioningly repeat everything spoken by the media cathedral as if it were undisputable truth.
 
SneedEyeMitch said:
If you got a degree that's worth something you wouldn't really be complaining about debt to the point you want taxpayers to cover it. You don't hear lawyers or doctors complaining about their student debt like that, as an example.
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To be fair some STEM degrees (mainly Biology, NGL) pay garbage post-graduation; yet are one of the fields you genuinely need higher education for.

However, the issue is also that by over-saturating the market they can make virtually any Bachelors worth less ("when everyone has a bachelors, no one has a bachelors" so to speak), and that the easily available student loans over-inflating the price of college both fuck over people who legitimately need higher ed.

That being said I know a shitload of hippie bio checks who got the same fucking degree as I did, with no more undergrad lab/research time than I did who somehow racked up 50K+ in student debt for shit that I managed to float by on scholarship.
 
The other half of this is that any degree requiring job is being flooded with cheap H1B labor cutting the potential for employment /wages and paying off that debt. Make student debt dischargeable with bankruptcy AND stop the H1B pipeline would fix all of these problems in 10 years.
 
Cuckoman said:
Maybe they could learn to drive trucks, or stock shelves?
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Considering California seems to think trucks are the Great Satan, no. They could not learn to drive trucks. And no one is stocking shelves when there's nothing to put on them.
 
Damocles_Sword said:
Going by the way bidens handlers pick em, like the eco terrorist thats running land management, it'll either be Xavier Becerra, a cartoonishly evil gun grabber that was the california AG that's somehow now the head of health and human services, or Chesa Boudin a literal dyed in the wool weather underground member.
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Noone in their right mind would ever consider those to be eminently qualified, even among the tards in the Senate. more likely than not the ACS has handed them a list curated by Schumer or Durbin along the lines of McConnells list that was curated by the federalist society
 
SneedEyeMitch said:
If you got a degree that's worth something you wouldn't really be complaining about debt to the point you want taxpayers to cover it. You don't hear lawyers or doctors complaining about their student debt like that, as an example.
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I take it you haven't been around top many public defenders then
 
Back me up! said:
The other half of this is that any degree requiring job is being flooded with cheap H1B labor cutting the potential for employment /wages and paying off that debt. Make student debt dischargeable with bankruptcy AND stop the H1B pipeline would fix all of these problems in 10 years.
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H1B labor is the biggest scam.
I get client requests, filter them and pass them on to our immigrant Tech Operations team.
Then I get a horrible product back that I have to spend hours QCing because those fucks will never do the needful no matter how long we back and forth with their emails that are either short choppy sentences or long flowery ones that both fail to convey important information.

I'm pretty sure that community colleges in America have higher educational standards than Indian Master Degree courses.
 
ProblematicUser420 said:
The fact so many people think the debt can just be "forgiven" really shows just how fucking awful the education system in the US is all around, I think.
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Not even that, it's more of a showing on the lack of critical thinking skills. If we could just "forgive" the national debt...

You get the picture.
 
Fanatical Pragmatist said:
To be fair some STEM degrees (mainly Biology, NGL) pay garbage post-graduation; yet are one of the fields you genuinely need higher education for.

However, the issue is also that by over-saturating the market they can make virtually any Bachelors worth less ("when everyone has a bachelors, no one has a bachelors" so to speak), and that the easily available student loans over-inflating the price of college both fuck over people who legitimately need higher ed.

That being said I know a shitload of hippie bio checks who got the same fucking degree as I did, with no more undergrad lab/research time than I did who somehow racked up 50K+ in student debt for shit that I managed to float by on scholarship.
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I'd say psychology is probably the most useless STEM degree you can get. Is it even considered STEM anymore?
 
mandatorylurk said:
View attachment 2925613

PDF Link for numbercrunching here

"Our economy grew because it stocked up what was lost over the shutdown, but why aren't people buying anything new now?" :thinking:
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No one has any fucking money because the economy was systemically destroyed over a flu.

I live in an area which allegedly has high growth and low unemployment and even so the number of boarded up and abandoned businesses just keeps growing by the month.

Very ominous to say the least.
 
CAPTAIN MATI said:
The debts is far too big to just be "forgiven" at this point. Blood must be spilled and if the studets had any brains, they'd push back against the retarded costs of being a student instead of shitting their ass because they were too stupid realize that their feminism degree might not score a 500k per year job.
Nothing in life is free. If you write off any debts, that means you just burned someone else's shit.

That's the problem.
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Yes, I'm OK with burning a financial + education system that is knowingly exploiting 17 and 18 year olds when they have increased the price way past its value due to them knowing the money is guaranteed by the gov and cannot be removed in bankruptcy.
CAPTAIN MATI said:
They already fucked themselves over. If someone is that stupid to get that deep into debts without a way out, no fucking way you'll have a cozy shmozy life afterwards. They'll just do other stupid shit without taking responsibility.
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Maybe or maybe they learned their lesson and won't. We won't know, and everyone is different. But it isn't fair that someone can take a load for 35k pay 30k of it and end up owing 90k still due to interest. This is going on currently and obviously this person specifically didn't take the loan at the time underwater basket weaving was a degree option.
CAPTAIN MATI said:
Oh so now they'll contribute to the economy. Right. They'll do it by burning a million bucks they already wasted.
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No, they will be able to afford having kids, potentially getting a house, actually huilding assets. The mass amount of debt, particularly among younger people means it's harder to do all of those things in a responsible fashion. That is bad for everyone including the financial system long term.
CAPTAIN MATI said:
If you don't want to be a debt slave, live like a monk and work like young Chinese boy in a shoe factory.
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Usary. You can do all that and still be in debt due to the interest rates.
CAPTAIN MATI said:
The students are the parasites tho. They take on massive debt for a gay degree that won't help them, then they bitch and whine about how could this have happened.
Somehow you don't hear military servicemen complaining about this shit a lot.
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Almost everyone I know who complains about student debt are doctors, lawyers, engineers, and others with professional degrees. Not the lesbian dance theory ones.
b0x said:
You really think all these people with communication, philosophy and gender studies degrees are being held back somehow?
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Yes. See above. I don't have to like them, or think they made good choices to see how theassive amount of debt they are under has a practical and psychological effect on them.
The Ugly One said:
There are about $1.5 trillion in student loan-backed assets capitalizing the banking system. If the feds just order that to all be written down to $0.00, congratulations, our banking system is now insolvent. What's the next step?
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Feature not bug. The financial system is broken. You should not have a debt based system like we currently have. The sooner it breaks the better off everyone will be despite how painful it will be. The longer you hold it off the worse it will be when it collapses on its own.
CrippleThreat said:
Not even that, it's more of a showing on the lack of critical thinking skills. If we could just "forgive" the national debt...

You get the picture.
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National debt and student loans are two entirely different things. The federal goverment is backing the student loans. The national debt isn't backed by the US. That's money the US owes to various institutions/people/ect. The government is absolutely able to forgive all of the student loans currently, we've already seen them do it for a small amount of people. They should do it for everyone because it will be in the best interests of the actual citizenry. Then make it so student loans can be removed, with all the other penalties, via bankruptcy.

You have an entire system built on lying to kids that college is necessary to succeed, when it isn't. We know parents aren't paying attention because they still think it's like it was when they grew up. We know they aren't paying attention because it took covid lpckdowns for them to say shitnabout CRT being taught. But show with all that pressure on a 17 or 18 year old it's reasonable to let them sign a contract saying they are on the hook for 30k, 50k, 200k depending on the school? This same individual we have deemed not responsible enough to get a beer? That's fucked up. And isn't fair. And is figuratively letting the old eat the young so they can enrich themselves. It's vampirism and a major sign of an unhealthy society in decadence, and decline.
 
In the end, despite paying off my own student loans long ago, I actually do support debt forgiveness here. Look, any serious consideration has to acknowledge the majority of people asking for it... don't actually have bad degrees. The right likes to present it as such and the left likes to present those who did since they are most aligned with them. But the majority don't have worthless degrees, they instead have one of or both of two major problems.

1: Oversaturation. From childhood, they were told a degree is necessary for any financial success. But because they didn't know what they wanted to do yet they very frequently have picked out of a handful of degrees which are sort of "Generic useful degrees". This of course oversaturates the market on them, as there are only ever so many jobs to fill. This is not a failure on the student's part.
2: They were pushed, often coerced, into obtaining 'a degree' far before they were ready to go towards a specific career. And options like trade school weren't ever even presented to them. They were told again and again from their youngest days that getting a degree was the -only- way to be successful.

And what does that all get you? Well, the only thing it can. A bunch of people with good degrees that are functionally useless because they were either not a good fit for the job, can't find a job due to no slots being open, or even the worst case one of "We require you to be more experienced to use your degree, but your degree makes you overqualified for anything else".
 
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