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Obama Proposal Subsidizes The Rich....Again.

Franklin knows nothing about the real world, other than the papers he reads.
I would love to know what you actually do for a living?
Probably a higher middle class homophobe, that just can't stand lower class people actually having a stance on anything.

I don't know how you can make this sort of generalization about a guy you don't really know at all.
 
I got through college mostly on student loans for tuition, and working for rent and personal expenses. I graduated with $30k in debt from one of the cheapest colleges in the country (BYU).

Isn't tuition somewhere around $2,300/semester? How'd you get to $30k?
 
Yep, tuition plus health insurance was a bit over 5k a semester. I still had to follow all the rules LDS students followed. It is still very affordable. Comparable to U of U for in state tuition for a full time student, even though BYU generally offers superior instruction (and far inferior social life and networking if you're not LDS).
 
I like & respect you enough when you are having authentic discussion. Every genuine opinion is valuable.

Assuming this is a serious comment, I feel the same towards your comments and discussions as well.
As our opinions greatly differ most of the time, it's still a fun and stimulating conversation most of the time.
 
leave it to conservatives to get their panties all in a knot over a few billion being invested into American education and being paid back by American students/future workers while ignoring the trillions we've peed away in "nation building."

It's a "horrible" program that joe sixpack is given a subsidized loan (of which, he'll pay back) while it's perfectly constitutional, logical, and necessary to make millionaires out of punkass Arabs paid for by America.

President-George-W.-Bush-Mission-Accomplished.jpg


Ohhhh conservatives conservatives conservatives....

My favorite argument that they're talking about now is that we should eliminate these subsidized loans because college graduates can't find jobs. LOL!!! Using this logic, lets cut all military funding since obviously we're never going to prevent 100 % against our enemies.

sigh.

Education is the future. It's key. Look at how other countries (especially from Asia) are subsidizing their students' education. You don't dump your education system because the economy is lagging (but recovering. Home's are being constructed and the stock market is sky high).

The sooner America wakes up to this fact the better. The sooner we spend more on education on American students than on "spreading Democracy" in the ME the better.

I fear student loan debt. But I fear the conservative vision of their anti-science/anti-education movement far more. What they hope to turn America into (essentially, a slave uneducated class) is just scary.
 
Are they needs-based?

Maybe we're discussing things using different terms. Subsidized Stafford student loans are indeed needs-based, there are also unsubsidized Stafford loans, as well as private loans. I was unclear from the link in the original post if private loans were covered under the IBR provisions.

The question is IF they need help. Please see the study linked to in the OP, specifically the quote from it regarding the Obama bill subsidizing the rich and doing little for the poor.

Is your failure to address this an implied support of subsidizing those who don't need the help at the expense of the federal budget and the poor who get left behind?

I think I see better what you mean now.

My question would be whether, in any of the presented scenarios, if you had the choice between paying outright for college, or the choice of borrowing for college and investing that money in some reasonable insturment, borrowing money for the college education and investing the cash was a better return? If that were true, I would certainly regard the new IBR as overly favoring the wealthy. If not, then what's it's favoring is not the those born into wealth, but those who have acquired wealth, aka the successful who have moved up in income level. I have less of a problem with them getting a better deal.
 
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