4 ms·
Isn't cost of living a pretty big piece of information that shouldn't be excluded? You would expect those with jobs that favor degrees, and being paid higher s
by Goronmon 4y ago
Isn't cost of living a pretty big piece of information that shouldn't be excluded?
You would expect those with jobs that favor degrees, and being paid higher salaries would correspond to places with higher costs of living overall. And that's a pretty important piece of this calculation if we are trying to decide who is "doing better" than others?
- rank0 4y agoWhy we would want to subsidize more expensive lifestyles? College graduates in HCOL areas are very far down on my list of people who need government assistance.
- Goronmon 4y agoWhy we would want to subsidize more expensive lifestyles? Expensive lifestyles like living in a region of the US that is more expensive than other regions? I don't think it's unreasonable to occasionally take actions that would benefit the middle class.
- rank0 4y agoYes exactly like living in a HCOL area. Why on earth should blue collar workers pay federal income tax so graduates can better afford their insane NYC or Bay Area rent? It’s regressive and does nothing to stop tuition and housing inflation.
- Goronmon 4y agoWhy on earth should blue collar workers pay federal income tax so graduates can better afford their insane NYC or Bay Area rent? One similar example would be people without kids still having their taxes go towards funding public education. Because we want to prioritize overall education across the country. You could argue one reason loans have become so prevalent is a failure of the government to properly subsidize and provide for higher levels of education for citizens.
- rank0 4y agoThe higher education system we have is broken. We are pouring money into a system that apparently doesn’t enable graduates to pay off their loans. Your answer is to subsidize further? Colleges will continue increasing tuition and pumping out worthless degrees. People will continue to rack up student loan debt. It’s just not sustainable.
- 7speter 4y agoRight because there aren’t blue collar workers in hcol areas whose kids went to college, or is “blue collar workers” a dog whistle here?
- feet 4y agoIt's just a talking point from fox news with zero nuance or awareness. Plumbers could have loans, they could have children with loans etc
- rank0 4y agoDismissing an opposing view as “lacking nuance” doesn’t really add much nuance to the discussion. The fact of the matter is most Americans do not have a college degree. You can perform all the mental gymnastics you want but at the end of the day, it’s a direct subsidy to the upper class. Perhaps you are the one lacking awareness and maybe you should read the article.
- feet 4y agoThe "upper class" is the capital owners. People with college degrees are generally workers, they do not own business or own capital. Calling degree holders "upper class" is simply a way to keep the working class fighting within itself instead of working to change the system to be better for workers.
- rank0 4y agoDegree holders are absolutely in the upper tier of society. They earn more money and have more wealth. You don’t think the bottom 80% views the top 20% as “upper class”? We’re spending hundreds of billions of debt relief here. That money could’ve gone towards medical debt, affordable housing, welfare expansion…etc. Instead a one time payment is going out to college graduates without tackling core issues like inability to refinance, or skyrocketing tuition. And again, tuition prices become inflated because of all these artificial federally guaranteed loans. This isn’t about helping workers…it’s about winning votes. Neither party gives a shit about the working class.