Mossimo Giunnulli invested the $$ his parents gave him for USC tuition into his business. Smart.https://pagesix.com/2019/04/17/mossimo-giannulli-lied-about-attending-usc-in-the-80s-took-parents-tuition-money/ …
-
-
- 1 more reply
New conversation -
-
-
Debt reform does need to happen but what really needs to happen is for higher ed bubble to pop. Government cannot be giving out loans like it’s nothing while universities keep raising rates.
- 1 more reply
New conversation -
-
-
You should make a film on college. Just call it “scam”. Most courses teach you nothing you can’t learn online/in practice. Even course like medicine arguably don’t optimize for best doctors. Colleges is a breeding ground of ideology & anti-critical thought. Crippling debt.
-
Hard disageee on this. Let’s say you go to a state school and you pick “electrical engineeeing” as your major. You get a degree, hook up with a company that comes on campus recruiting. Make a very high salary due to your field and skill. How the fuck is that a scam?
- 1 more reply
New conversation -
-
-
I need my mortgage paid. It would free up a lot of capital. Would be a huge economic stimulus.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I would make it interest free, don't forgive it but make it a hell of a lot easier to pay off. For giggles make the payments tax deductible too
-
Well..not "interest free"..but non profit...there is interest on the money we loan...7+% is ridiculous maybe 2% would be reasonable. But best yet...make the college loan their own money...and watch tuition get reasonable
End of conversation
New conversation -
-
-
You could make this same argument about any type of debt. It's not a good argument.
-
Except so many young people have massive student debt that eats up decades worth of income. That’s a mass amount of wealth not going into the local economy.
-
That's my point. Young adults also have lots of credit card, automobile, and mortgage debt that will eat up significant income to pay off. The "economic stimulus" argument applies to all those types of debt and isn't unique to student loans.
-
The system is obviously incredibly broken, but student loan forgiveness isn't the answer to our problems. We need to attack the federal student loan program, which created this problem. It needs to be ended. The government should not be involved in this.
- 1 more reply
New conversation -
-
-
Take note of the overall attitude of “ something for nothing” I paid off my loans and so can this generation who goes off to an out of state school with 3x cost of instate without a care in the world/ actions have consequences .
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
And how much debt would the federal government acquire? Surely more that what an "economic stimulus" would produce.
#StudentDebtCrisisThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
You can substitute ' student loan debt' with "the current inflated real estate/rental prices" and it would apply equally.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Stealing money from responsible people to give to irresponsible people won't stimulate anything but a gag reflex.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
They will tax us by the mile like Oregon ...
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.