IceMetalPunk

16 ms·

91.
by IceMetalPunk 4y ago
Yep. $12/month in taxes to help their fellow members of society. Less money than a Netflix subscription to help many people literally afford food. People who have massive student loan debt that this "fairly large group" does
92.
by IceMetalPunk 4y ago
As someone who graduated with $60k in student loans, thank you for mansplaining to me how student loans supposedly work. Some loans go directly to the schools. Others do get disbursed to the student. But you said a key phrase in your own co
93.
by IceMetalPunk 4y ago
Do you live on a deserted island alone? If not, then why do you seem to think the opportunity cost of other people being uneducated -- your neighbors, local business owners, motorists driving by your house, voters, politicians, etc. -- is o
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by IceMetalPunk 4y ago
Credit card debt can be for anything. Student loans are only for education. No one's trying to subsidize your new car, only something that's important to society.
95.
by IceMetalPunk 4y ago
Let's hope not, or hope that at least some regulations can be put in place to fix that if it does happen. Let's be clear what you're suggesting here: universities that are doing well on their current tuition, and would still
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by IceMetalPunk 4y ago
Who said anything was hidden? Most high school graduates in the US understand that going to college almost certainly means a lifetime of debt. But they also recognize the opportunity cost of being uneducated, which they deem a greater cost
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by IceMetalPunk 4y ago
> Because this money is not free. It comes from the blood and sweat of other tax payers. Care to take a guess at how much money -- sorry, "blood and sweat" -- this will cost a taxpayer? $200/year. How much is annual tuitio
98.
by IceMetalPunk 4y ago
> Where education fails is teaching people how to think. I disagree with this, and in fact, it's my point. I did study philosophy -- at uni. But I didn't learn about contrapositives in that class, I learned about it in a dedica
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by IceMetalPunk 4y ago
It's not about feeding people with a degree. It's about reducing the punishment they had but shouldn't have. Ideally, higher education wouldn't cost extra, or at least not excessively so. But since it does, these effor
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by IceMetalPunk 4y ago
Too late to edit my previous reply, so I'll just add my correction here: I misunderstood and thought the $300 billion was an annual estimate. Well, not so much "misunderstood" -- that's what the article explicitly says.
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by IceMetalPunk 4y ago
I said that if it proves the feasibility of larger. government subsidies on student loans, it could pave the way for future government policies that subsidize new loans. Banks don't care if they're getting paid by the borrower or
102.
by IceMetalPunk 4y ago
We have the internet now, arguably even more information and more accessible than the library. And yet, how many people end up more ignorant after "doing their research" online than they were before they started? The problem with
103.
by IceMetalPunk 4y ago
The concept (and truth value) of a contrapositive is something I learned in a university elective class. It's amazing how higher education might actually provide more value to both individuals and society than job opportunities, isn&#x
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by IceMetalPunk 4y ago
On the other hand, if my other buddy Alice was unable to pay her loans and struggling to pay for food without debt collectors knocking at her door, and now doesn't have to deal with that anymore, that'd offset my ire. In fact, in
105.
by IceMetalPunk 4y ago
> People taking out a student loan voluntarily took on that debt. When people say this, they are implying that choosing to get a higher education that creates student loan debt is equal to some other choice that wouldn't incur that
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by IceMetalPunk 4y ago
Why do so many people think "I had to do something before, so if people don't have to do it in the future, that's punishing me"? You'd have paid those loans whether this policy is put into effect now or not; it&#x27
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by IceMetalPunk 4y ago
It's a mix of both. Some people will have some money they'd be paying towards loans -- even if perhaps not enough to cover their monthly payments -- and that money will become liquid.
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by IceMetalPunk 4y ago
Because despite your assumptions, there are many reasons someone might be in debt beyond "not knowing how to handle financial responsibility", especially when it comes to student loans. Why do you think financial numbers are a goo
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by IceMetalPunk 4y ago
$300 billion / 144.3 million taxpayers = about $2,080 per taxpayer. When I did the math in another comment, I was under the impression that was the per-year cost. If it's over 10 years, that means it's only $208 per taxpayer
110.
by IceMetalPunk 4y ago
Sounds like it applies to all loans currently in repayment at the time this goes into effect, so if yours are in repayment, they will probably be eligible. (Or I guess, would be in repayment without the current pause.)
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by IceMetalPunk 4y ago
I'm not sure anything I've studied is "useless", but the most boring (for me) was geography.
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by IceMetalPunk 4y ago
Here, if you prefer specific, actual numbers rather than an example of the concept, I will do your homework for you. There are 144.3 million taxpayers in the US, and 329.5 million people. Using the still-accurate numbers of 8% of the popula
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by IceMetalPunk 4y ago
1) For many people, "more affordable public school" is still out of reach. 2) The quality of education at public schools is very often lower than that at more expensive schools. I have at least two data points of my own experience
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by IceMetalPunk 4y ago
...If you read past the first two letters, you'd see that I explained why what you said is not an "objective, truthful fact", but a misrepresentation of the actual facts. Or you can read a single word, ignore the rest, and
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by IceMetalPunk 4y ago
That I don't know. Apparently they're using a 2003 act, along with the current pandemic, to bypass the need for congressional approval, so it may just be impossible to kill, especially now that it's been announced everywhere.
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by IceMetalPunk 4y ago
Your defense is "I, notch656a, know that I misrepresented the facts, and I'm okay with that"?
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by IceMetalPunk 4y ago
I disagree. $20k is 2/3 of my entire checking and savings account combined, 7 years out of college. It is quite a lot of money to have. I do agree that it's also a lot to owe, prohibitively so.
118.
by IceMetalPunk 4y ago
If you received any Pell grants and make less than $125k, then $20k is forgiven. If you didn't receive Pell grants and make less than $125k, then $10k is forgiven. That's what I've read so far, at least. I've also read t
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by IceMetalPunk 4y ago
> College students have been begging for loan forgiveness for a decade. It is quite literally a handout. I guess it depends how you define "handout". Usually that term connotes something undeserved, which is where I disagree wi
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by IceMetalPunk 4y ago
Someone else said something similar, that this is "unfair" because it doesn't solve the root of the problem. We're all STEM folks here, most of us are developers, so let me ask you a hypothetical: imagine you're dev

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