• student loan forgiveness plan at Supreme Court

    From JAB@21:1/5 to All on Wed Mar 1 15:14:58 2023
    Biden administration lawyer may have saved student loan forgiveness
    plan at Supreme Court

    The government's top Supreme Court lawyer may have saved President Joe
    Biden's $400 billion student loan forgiveness plan from what experts
    considered all-but-certain defeat.

    Experts lobbed praise on Solicitor General Elizabeth Prelogar, the
    lawyer who represented the Biden administration in front of the nine
    justices on Tuesday.

    "The Biden administration now seems more likely than not to win the
    cases," said higher education expert Mark Kantrowitz.

    "Her preparation, poise and power were impressive," Kantrowitz said.

    In contrast, the attorneys for plaintiffs opposed to the program were
    less than stellar, Kantrowitz said. "It was like the difference
    between a star quarterback and two tiddlywinks players," he quipped.

    https://www.cnbc.com/2023/03/01/supreme-court-biden-loan-forgiveness-plan-chances.html

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  • From Retrograde@21:1/5 to JAB on Wed Mar 1 22:16:44 2023
    On Wed, 01 Mar 2023 15:14:58 -0600
    JAB <here@is.invalid> wrote:

    Biden administration lawyer may have saved student loan forgiveness
    plan at Supreme Court

    The government's top Supreme Court lawyer may have saved President Joe Biden's $400 billion student loan forgiveness plan from what experts considered all-but-certain defeat.

    I oppose it. I had to pay my debts, these kids should pay theirs. Not
    my fault they wasted their money. If these kids get their debt
    forgiven, I've got a couple of loans I'd like to see eradicated too
    because waa fucking waa.

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  • From Michael Trew@21:1/5 to Retrograde on Wed Mar 1 23:03:52 2023
    On 3/1/2023 22:16, Retrograde wrote:
    On Wed, 01 Mar 2023 15:14:58 -0600
    JAB<here@is.invalid> wrote:

    Biden administration lawyer may have saved student loan forgiveness
    plan at Supreme Court

    The government's top Supreme Court lawyer may have saved President Joe
    Biden's $400 billion student loan forgiveness plan from what experts
    considered all-but-certain defeat.

    I oppose it. I had to pay my debts, these kids should pay theirs. Not
    my fault they wasted their money. If these kids get their debt
    forgiven, I've got a couple of loans I'd like to see eradicated too
    because waa fucking waa.

    +1

    (For reference, I'd like to remind that I'm 27... although I hopped
    right into the job market, instead of blowing money on college. Lots of
    trade schools out there if I want to make more money.)

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  • From Michael Trew@21:1/5 to Retrograde on Wed Mar 1 23:06:31 2023
    On 3/1/2023 22:16, Retrograde wrote:
    On Wed, 01 Mar 2023 15:14:58 -0600
    JAB<here@is.invalid> wrote:

    Biden administration lawyer may have saved student loan forgiveness
    plan at Supreme Court

    The government's top Supreme Court lawyer may have saved President Joe
    Biden's $400 billion student loan forgiveness plan from what experts
    considered all-but-certain defeat.

    I oppose it. I had to pay my debts, these kids should pay theirs. Not
    my fault they wasted their money. If these kids get their debt
    forgiven, I've got a couple of loans I'd like to see eradicated too
    because waa fucking waa.

    *ALTHOUGH*, to build on my last reply (I sent it too quickly), I'd like
    to mention that the cost of education has risen dramatically; far beyond
    the rate of inflation. Something needs to be done about that; there's
    no excuse for how grossly expensive college is now.

    --- SoupGate-Win32 v1.05
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  • From JAB@21:1/5 to All on Thu Mar 2 09:56:22 2023
    On Wed, 1 Mar 2023 22:16:44 -0500, Retrograde <fungus@amongus.com>
    wrote:

    I oppose it. I had to pay my debts,

    So, what were the consequences of this "handout"?

    "Signed into law by President Franklin D. Roosevelt on June 22, 1944,
    this act, also known as the G.I. Bill, provided World War II veterans
    with funds for college education, unemployment insurance, and housing.
    It put higher education within the reach of millions of veterans of
    WWII and later military conflicts."

    https://www.archives.gov/milestone-documents/servicemens-readjustment-act

    I believe it was overall a stimulus to US's economy....an increase in
    housing construction, a better educated workforce, etc.

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  • From Mike Spencer@21:1/5 to Michael Trew on Thu Mar 2 16:35:09 2023
    Michael Trew <michael.trew@att.net> writes:

    On 3/1/2023 22:16, Retrograde wrote:

    I oppose it. I had to pay my debts, these kids should pay theirs. Not
    my fault they wasted their money. If these kids get their debt
    forgiven, I've got a couple of loans I'd like to see eradicated too
    because waa fucking waa.

    *ALTHOUGH*, to build on my last reply (I sent it too quickly), I'd like
    to mention that the cost of education has risen dramatically; far beyond
    the rate of inflation. Something needs to be done about that; there's
    no excuse for how grossly expensive college is now.

    Just so. I paid off my student loans within a year of graduation.
    But that was in an era when (1) tuition and fees (in constant dollars) were
    a fraction of what they are now and (2) it took me two weeks to find a
    job a a prestigious institution although my degree was from a state
    university, not Ivy League.

    Student debt is a new form of wage slavery that helps guarantee that not-wealthy people who have managed to get an education are severely
    curtailed in the options for independent action.

    Education is dangerous....Every educated person is a future enemy.

    -- Martin Bormann (1900-1945)

    We are in danger of producing an educated proletariat.
    That's dynamite! We have to be selective about who we
    allow to through higher education.

    -- Roger Freeman (Aide to Ca. Gov. Ronald Reagan)

    If we suddenly discover that we have a educated proletariat, we gots
    to have a way to neuter them. Unmanageable debt is just the ticket.


    --
    Mike Spencer Nova Scotia, Canada

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  • From JAB@21:1/5 to mds@bogus.nodomain.nowhere on Thu Mar 2 15:57:04 2023
    On 02 Mar 2023 16:35:09 -0400, Mike Spencer
    <mds@bogus.nodomain.nowhere> wrote:

    If we suddenly discover that we have a educated proletariat, we gots
    to have a way to neuter them. Unmanageable debt is just the ticket.

    That's been the Republican plan since Reagan's days....

    Keep them behind the Eight Ball!

    The problem here is these simpletons did not consider the economic consequences. These people are repaying this debt, and not
    stimulating the economy by buying this/that/etc.

    So, there are fewer purchases of "this/that/etc," which reduces tax
    revenues, employment, etc.

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  • From Retrograde@21:1/5 to Mike Spencer on Thu Mar 2 19:01:29 2023
    On 02 Mar 2023 16:35:09 -0400
    Mike Spencer <mds@bogus.nodomain.nowhere> wrote:


    Michael Trew <michael.trew@att.net> writes:

    On 3/1/2023 22:16, Retrograde wrote:

    I oppose it. I had to pay my debts, these kids should pay theirs. Not
    my fault they wasted their money. If these kids get their debt
    forgiven, I've got a couple of loans I'd like to see eradicated too
    because waa fucking waa.

    *ALTHOUGH*, to build on my last reply (I sent it too quickly), I'd like
    to mention that the cost of education has risen dramatically; far beyond the rate of inflation. Something needs to be done about that; there's
    no excuse for how grossly expensive college is now.

    Just so. I paid off my student loans within a year of graduation.
    But that was in an era when (1) tuition and fees (in constant dollars) were
    a fraction of what they are now and (2) it took me two weeks to find a
    job a a prestigious institution although my degree was from a state university, not Ivy League.

    Good points both. Yes, the university cost bubble has soared out of
    control. Part of the problem though is that there was plenty of 'cheap'
    money to support it. I don't see a diabolical plot to propogate wave
    slavery; I see corporate greed underpinned by students who value
    education and have easy access to borrowed money to support it. If the
    govt agrees to take the financial hit, the universities escape and can
    continue (even more easily now!) to charge outrageous prices. It's
    more anger-inducing if you see what they spend the money on - it's
    certainly not better educators and education, it's amenities, comfort, recreation, and an exploding administrative class untethered financial
    reality.

    The right solution in my opinion is to get students thinking about the
    actual value of what they're buying - we're seeing this already.
    Expensive, name brand education when 4 years at a state school gives
    equivalent benefits for 10% of the cost? Suddenly you'll see
    university admin try to be cost conscious again.

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  • From JAB@21:1/5 to All on Thu Mar 2 20:02:57 2023
    On Thu, 2 Mar 2023 19:01:29 -0500, Retrograde <fungus@amongus.com>
    wrote:

    I don't see a diabolical plot to propogate wave
    slavery

    State funding to state-based universities has decreased

    wave slavery

    When a responsible person has bills to pay, they are more prone to
    keeping their nose to one grindstone (company) until those bills are
    paid.

    So, a person becomes a "slave" to a company
    =============

    Slave II

    California judge rules Google's confidentiality agreements break labor
    law

    A Google employee identified as John Doe argued that the broad
    nondisclosure agreement the company asked him to sign barred him from
    speaking about his job to other potential employers, amounting to a
    noncompete clause, which are illegal in California. In a Thursday
    ruling in California Superior Court, a judge agreed with the employee,
    while declining to make a judgment on other allegations that Google's agreements blocked whistleblowing and sharing information about wages
    with other workers.

    https://www.washingtonpost.com/technology/2022/01/14/google-nda-illegal-california/

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  • From Mike Spencer@21:1/5 to JAB on Fri Mar 3 00:55:03 2023
    JAB <here@is.invalid> writes:

    On Thu, 2 Mar 2023 19:01:29 -0500, Retrograde <fungus@amongus.com>
    wrote:

    I don't see a diabolical plot to propogate wave
    slavery

    State funding to state-based universities has decreased

    Yeah, when I was in school (admittedly long ago), it was pretty easy
    to earn the next year's tuition (at a state university, not at MIT)
    with a summer job. If you were willing to get down and dirty with
    exhausting work such as picking shade-grown tobacco, even more than
    from some job in retail or construction.

    wave slavery

    When a responsible person has bills to pay, they are more prone to
    keeping their nose to one grindstone (company) until those bills are
    paid.

    So, a person becomes a "slave" to a company
    =============

    Slave II

    California judge rules Google's confidentiality agreements break labor
    law

    A Google employee identified as John Doe argued that the broad
    nondisclosure agreement the company asked him to sign barred him from speaking about his job to other potential employers, amounting to a noncompete clause, which are illegal in California. In a Thursday
    ruling in California Superior Court, a judge agreed with the employee,
    while declining to make a judgment on other allegations that Google's agreements blocked whistleblowing and sharing information about wages
    with other workers.

    https://www.washingtonpost.com/technology/2022/01/14/google-nda-illegal-california/


    Cool.


    --
    Mike Spencer Nova Scotia, Canada

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  • From Retrograde@21:1/5 to Mike Spencer on Fri Mar 3 20:16:20 2023
    On 2023-03-03, Mike Spencer <mds@bogus.nodomain.nowhere> wrote:
    Yeah, when I was in school (admittedly long ago), it was pretty easy
    to earn the next year's tuition (at a state university, not at MIT)
    with a summer job. If you were willing to get down and dirty with
    exhausting work such as picking shade-grown tobacco, even more than
    from some job in retail or construction.

    Even when I graduated college was expensive but not off-the-charts.

    wave slavery

    Oops, funny typo, sorry.


    A Google employee identified as John Doe argued that the broad
    nondisclosure agreement the company asked him to sign barred him from
    speaking about his job to other potential employers, amounting to a
    noncompete clause, which are illegal in California. In a Thursday

    Cool.

    I totally agree. Screw these rapacious companies. Hey Google, go fuck yerself.

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  • From Retrograde@21:1/5 to JAB on Fri Mar 3 20:20:53 2023
    On 2023-03-02, JAB <here@is.invalid> wrote:
    So, what were the consequences of this "handout"?

    "Signed into law by President Franklin D. Roosevelt on June 22, 1944,
    this act, also known as the G.I. Bill, provided World War II veterans

    I'm not against student loans. I'm in favor of:
    * students investing in studies that generate a worthwhile return
    * college prices coming down as universities compete for new 'customers'
    * colleges becoming more efficient and cost-effective

    There's a good article from a year or two back that showed some
    expensive degrees earn you less than minimum wage upon graduation, and
    you graduate with crippling debt. I want students to make better
    choices. Here.

    https://www.washingtonpost.com/education/2021/11/01/college-degree-value-major/

    This also looks relevant:

    https://hechingerreport.org/data-about-cost-debt-and-earnings-make-it-possible-to-calculate-the-return-on-education/

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  • From JAB@21:1/5 to fungus@amongus.com.invalid on Sat Mar 4 18:35:37 2023
    On Fri, 3 Mar 2023 20:20:53 +0000, Retrograde
    <fungus@amongus.com.invalid> wrote:

    I'm not against student loans. I'm in favor of:

    * students investing in studies that generate a worthwhile return

    I believe most/all developed nations have incentives to be a doctor,
    engineer, etc. IIRC, more perks to be an engineer in Russia than
    being a medical doctor.

    Some parents enlighten their children about economic reality, and
    others don't.

    * college prices coming down as universities compete for new 'customers'

    States have reduced funding over the years...there are some lower cost
    colleges around, if a person is a local native.


    * colleges becoming more efficient and cost-effective

    Online courses can achieve this goal....

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  • From Retrograde@21:1/5 to Retrograde on Sun Mar 5 16:47:43 2023
    On Fri, 3 Mar 2023 20:20:53 +0000
    Retrograde <fungus@amongus.com.invalid> wrote:

    https://www.washingtonpost.com/education/2021/11/01/college-degree-value-major/
    This also looks relevant: https://hechingerreport.org/data-about-cost-debt-and-earnings-make-it-possible-to-calculate-the-return-on-education/

    Not just relevant, a word-for-word reprint, the exact same article.
    Wonder how that happened - some licening arrangement?

    --
    Retrograde <fungus@amongus.com.invalid>

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  • From JAB@21:1/5 to fungus@amongus.com.invalid on Sun Mar 5 19:33:42 2023
    On Sun, 5 Mar 2023 16:47:43 -0500, Retrograde
    <fungus@amongus.com.invalid> wrote:

    This also looks relevant:
    https://hechingerreport.org/data-about-cost-debt-and-earnings-make-it-possible-to-calculate-the-return-on-education/

    Not just relevant, a word-for-word reprint, the exact same article.
    Wonder how that happened - some licening arrangement?

    What we have here is a finger blaming matter....it's all your fault.

    Blame the parents for not setting the child straight...blame the
    "loan" company for not establishing the child was on the right path economically...blame the institution for teaching topics that are dead
    ends economically.
    =============

    Efforts began at the outset of the Obama administration to have the
    federal government calculate whether students found the gainful
    employment they needed to repay the money they borrowed and cut off
    funding for programs in which they didn't.
    ...
    ...
    Colleges and universities stalled and sued, and while a version of the
    rule was briefly in effect, it was ended by the Trump administration.

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