# Do Students Deserve a Bailout?

**URL:** <https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012>\
**Category:** NYSpeed Off Topic\
**Created:** [June 11, 2009, 1:26pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012 "2009-06-11T13:26:49Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [June 12, 2009, 6:52am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/61 "2009-06-12T06:52:53Z")

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> [@Joe](#):
>
> Yeah, I’d like to see it re-evaluated year to year, like schools do with their scholarships. You keep up x GPA and earn x credits, or you go on probation. You screw up again, and you’re out. Also, keep the rules from FAFSA aid intact, if you’re convicted of a crime, you lose it. It would come with some type of contract, like the GI bill. IE, we’ll pay for your med school, but you agree to be a doctor accepting the gov’t’s coverage at reduced rates for x years, or you agree to teach for x years, etc. It’d be too radical to ever implement here, but it works well for those who have it.

:tup:

> [@Joe](#):
>
> I tried arguing with my friends that partied a little harder than I did (not much) because they were going to school for Philosophy, History, English, Psychology, and Communications. 4 out of 5 make the same amount per year or less than their tuition cost. One of them, the English one, got a job in web marketing and search engine optimization, which had nothing to do with his degree and makes more. It’s fine to follow your passion, but you need to do a cost/benefit analysis if it’s gonna be $20k or more a year to do so. The other 3 of us, Accounting, Finance, and Biology, are killing it.

Yeah, following your dreams and doing what you want is great, but don’t expect me to pay for your $100k education so you can make $30k a year.

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**Author:** ![newman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newman/32/7569_2.png) [@newman](https://forums.speedlife.net/u/newman)\
**Post date:** [June 12, 2009, 6:55am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/62 "2009-06-12T06:55:24Z")

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> [@AfXtc777](#):
>
> So because they did what they love and went to school because of an accredited program/degree they now have loans it wasn’t real?
> 
> shut the fuck up, idiot
> 
> My brother is a Dr. at one of the most prestigious hospitals in the country and has over 300k in loans to get there. So now that he is working as a med adviser well underpaid for the next five years accruing interest on his loans should they not be forgiven for doing what he loves doing?
> 
> America is built on diversity and freedom, remember that. It’s a black and white either you agree or disagree deal…

What?

I don’t care about your stupid brother or how prestigious his job is… If he made a bad decision about his career path, the burden is on him to carry. And I don’t even think he made a bad decision. He can suck it up for 5 years and deal w/ the interest, because after 5 years he’s going to make HUGE money and he can pay it off ten-fold. It’s part of that career path. I do think becoming a doctor is a REAL degree.

I’m referring to people who get a “degree” in something they “love” without thinking of the long-term consequences.

**I would LOVE to get a degree in sexxing up hot babes** , but if it cost me 20K in student loans, I don’t think the burden is on the government to relieve me of anything because I made a poor financial decision to do what I love.

The same goes for something like an ART degree from pratt or something. You’re going to spend a ton to get a degree in a field that has VERY few job openings in a higher pay grade. It’s important to have some sort of REALISTIC long term plan.

I think your brother had a realistic long term plan and I think it will work out for him in the end. Most people I have spoken to about doctors lived like absolute scrubs for the first few years out of school.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [June 12, 2009, 6:57am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/63 "2009-06-12T06:57:38Z")

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I’d love to go back for a BS in Pornographic Studies, at the Peter North Institute of Nine Ropers. Can I get that covered?

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**Author:** ![Smaefer](https://avatars.discourse-cdn.com/v4/letter/s/e79b87/32.png) [@Smaefer](https://forums.speedlife.net/u/Smaefer)\
**Post date:** [June 12, 2009, 7:03am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/64 "2009-06-12T07:03:36Z")

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> [@Joe](#):
>
> I’d love to go back for a BS in Pornographic Studies, at the Peter North Institute of Nine Ropers. Can I get that covered?

LOLZ

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [June 12, 2009, 7:08am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/65 "2009-06-12T07:08:58Z")

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Careers are generally like women. Fun, Easy, Well-paying.  
Pick two or less.

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**Author:** ![njf126](https://avatars.discourse-cdn.com/v4/letter/n/67e7ee/32.png) [@njf126](https://forums.speedlife.net/u/njf126)\
**Post date:** [June 12, 2009, 7:14am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/66 "2009-06-12T07:14:12Z")

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> [@newman](#):
>
> HOW ABOUT DON’T SPEND 80,000 DOLLARS GETTING A FUCKING ART DEGREE JUST SO YOU CAN WORK AT JO-ANN FABRICS, YOU FUCKING FAGGOTS. GET A REAL DEGREE.

:bigclap: HOLY FUCK THAT WAS FUNNY! GOOD SHIT!

Oh and I’m totally for this. It makes sense on so many levels. i mean if you maintained at least a 3.0 or some kind of incentive to get this bailout. it pisses me off that i cant get any financial aid because my parents make a combined $70,000 a year and are married? thats like lower middle class lol. they punish people for doing the right thing and its ridiculous. nice thread i love it

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [June 12, 2009, 7:20am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/67 "2009-06-12T07:20:34Z")

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Lost is the fact that this will never happen because young people don’t vote. Old people elect our politicians and they don’t have student loans. Like so many other things (21 drinking age, social security and medicare being untouchable, etc) the politicans only give a shit about the people that vote for them.

Other than rare cases, like the Obama movement motivating young people to make their turnout slightly less abysmal and tipping the scales because no one accounts for them in normal elections, politicians couldn’t care less about those under 25.

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**Author:** ![njf126](https://avatars.discourse-cdn.com/v4/letter/n/67e7ee/32.png) [@njf126](https://forums.speedlife.net/u/njf126)\
**Post date:** [June 12, 2009, 7:26am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/68 "2009-06-12T07:26:54Z")

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> [@tpgsr](#):
>
> All this looks like is a bunch of whining from a generation that feels entitled. I have worked my ass off for years to get where I am now, and I know that I have years to go to get to where I want to be. I grew up with very well to do parents. They paid the first year of my college, $35k, and that was it. I have 5k left in loans and can not wait until they are gone.
> 
> I do not see any more “bailouts” or giveaways as a solution. I see jobs and a recovery to our weakened economy as a solution. This down slide really has done a number on availability of positions to recent graduates, baby boomers lost tons of money in the market and some can not afford to retire any more. Shit, my uncle lost just under 1 million when the market tanked, my parents lost several hundred thousand. That means that my experienced father will not be leaving his position until he feels comfortable with the recovery of his investments, and therefore his position will not open up for a successful 40 year old and so on down the line. There will always be low level jobs available; possibly not in your field, but I went to school for finance and I am an electrical sales rep. I started working at the counter for $10/hr. It was enough to live on barely, but not enough to live comfortable. I worked my ass off, never asked for assistance, and now I make pretty decent $ for buffalo (I would be poor as fuck in CA).
> 
> Way too many people in our generation have this awkward sense that everything should just be given to them and that they should have the best of the best. I have a friend that makes $13 /hr. Drives a brand new ~22K car, has a brand new 42" LCD, two new computers and goes out nearly every night. His financial aid from school is what pays for all of this shit. He once told me that it is ok because he is going to graduate and get a job making 60K right out of school with a communications degree. :lol: fucking yeah right!
> 
> Anyhow i digress, this is the worst idea of a bailout that I could ever imagine, it gives the wrong people the wrong benefit and has no inherent lesson. I see this as causing a much worse crisis in the future when the mind set becomes “Eh, the govt. will bail me out”

and i will say i agree with this. i’m 21 and have had a job since i was 14. i’m taking my last class at community college (5 semesters, yeah i suck) and i already have $10000 in debt. next year at UB is just gonna be more and it’d be nice to get help that so many of my friends get. i’m at work bringing home \<$200 a week working 30 hours and they get money for nothing. but all in all i guess it would be bad looking at the big picture lol/rant

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**Author:** ![Bull49](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bull49/32/7381_2.png) [@Bull49](https://forums.speedlife.net/u/Bull49)\
**Post date:** [June 12, 2009, 7:26am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/69 "2009-06-12T07:26:55Z")

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> [@njf126](#):
>
> they punish people for doing the right thing and its ridiculous.

making you pay for college is not punishment. shit isn’t free.

i think paying off every fucktards student loans would be punishment and, yes, i have outstanding student loans myself. of course i would love for them to magically disappear, but not like this. there are so many people who have loans with little or nothing to show for it.

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**Author:** ![njf126](https://avatars.discourse-cdn.com/v4/letter/n/67e7ee/32.png) [@njf126](https://forums.speedlife.net/u/njf126)\
**Post date:** [June 12, 2009, 7:29am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/70 "2009-06-12T07:29:28Z")

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no no i meant they punish me because my parents did the right thing. stayed married, work 40-50 hours, pay taxes blah blah they dont make enough to even help me with books but my friend gets paid $3000 plus free school to attend nccc… its stupid he has a job he just blows it on stupid shit like ipods and speakers and stuff. that was all i was saying. financial aid should be given based on grades

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**Author:** ![Bull49](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bull49/32/7381_2.png) [@Bull49](https://forums.speedlife.net/u/Bull49)\
**Post date:** [June 12, 2009, 7:32am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/71 "2009-06-12T07:32:51Z")

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aaahhh my bad.

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**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [June 12, 2009, 7:37am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/72 "2009-06-12T07:37:00Z")

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I’m fine with “paying for school”, so long as it is consistent across the board. I do not like the fact that eligibility to “aid” is based on parents income. Make it even across the board. If anyone wants an education, you must invest in it. Johnny Poor-family shouldn’t get a free ride, he should have access to the same loans I have to take out and will have to repay. My middle class parents are not millionaires who are paying my way through school, yet I received very little assistance.

And the upfront costs should be reduced. The costs of higher education have skyrocketed far faster than inflation. I believe the figure was something like 20 times as fast (I don’t feel like fact checking for the exact number right now).

Additionally, don’t get me started on the number of people that are unemployed because simply put, they suck. They took their 4 years at college as drunk-fest the whole time, did not learn, have little skill, little ability, and cannot fill out an application or create an effective resume and cover letter for shit.

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**Author:** ![njf126](https://avatars.discourse-cdn.com/v4/letter/n/67e7ee/32.png) [@njf126](https://forums.speedlife.net/u/njf126)\
**Post date:** [June 12, 2009, 7:43am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/73 "2009-06-12T07:43:30Z")

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agreed they should give aid to everyone or no one and base it on your grades after your first semester of college and not your parents income

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [June 12, 2009, 7:44am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/74 "2009-06-12T07:44:40Z")

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Who needs college?

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**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\
**Post date:** [June 12, 2009, 7:47am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/75 "2009-06-12T07:47:06Z")

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> [@njf126](#):
>
> no no i meant they punish me because my parents did the right thing. stayed married, work 40-50 hours, pay taxes blah blah they dont make enough to even help me with books but my friend gets paid $3000 plus free school to attend nccc… its stupid he has a job he just blows it on stupid shit like ipods and speakers and stuff. that was all i was saying. financial aid should be given based on grades

Thats only partially correct. Your parents are punishing you too.  
Maybe they thought you would never get into school? j/k

On a serious note, if “low income” parents want to pay for their children’s education, its a decision that is made very early, and can require years sacrifice. If my household made 70K, i would not have to complain about public schools and could afford to provide an education for both of my kids. Its all relative to your standard of living, expectations and perspective.

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**Author:** ![ShiftDead](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/shiftdead/32/7508_2.png) [@ShiftDead](https://forums.speedlife.net/u/ShiftDead)\
**Post date:** [June 12, 2009, 7:48am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/76 "2009-06-12T07:48:18Z")

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> [@JayS](#):
>
> I drove a beat up 85 Toyota Tercel when I was in school. Maybe I should have rocked a luxury sports sedan and a sport bike and dropped out because of how expensive school was, then cried that the government didn’t do enough for me.
> 
> This right here is the problem, and TPGSR and several others touched on it. No one wants to wait and earn nice things; they want them RIGHT NOW because god damn it I deserve that nice car, bike, TV and solid gold tooth brush holder. The guy next door has one so I should too. Nevermind that he busted his ass through school, busted his ass at his job to work his way up and actually earned the stuff he has. I deserve it too for coasting through school spending my school loans on car mods and partying, then putting in the bare minimum at work to avoid getting fired. It’s the government’s fault I’m where I am, GIVE ME MONEY!!!
> 
> EDIT:  
> PS, just redistribute the wealth around a little to pay for it. That will show my rich neighbor who worked all his life to get where he is. That fucker.

/thread

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [June 12, 2009, 7:49am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/77 "2009-06-12T07:49:29Z")

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[quote=“drvnkd,post:75,topic:69012"”]

Thats only partially correct. Your parents are punishing you too.  
Maybe they thought you would never get into school? j/k

On a serious note, if “low income” parents want to pay for their children’s education, its a decision that is made very early, and can require years sacrifice. If my household made 70K, i would not have to complain about public schools and could afford to provide an education for both of my kids. **Its all relative to your standard of living, expectations and perspective.**

[/quote]

And therein lies this major disconnect amongst Gen Y (or w/e it is now), and reality… mainly thanks to the Boomers.

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [June 12, 2009, 7:56am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/78 "2009-06-12T07:56:12Z")

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IMO, parents should pay for their children to attend college. Start saving early, and encourage your children to attend state schools(in NY, state schools are great!).

I am not very sympathetic about it. You owe it to your kids to provide them with the opportunities to succeed.

I hate the cop-out, when parents say “I paid my way through college, so my kids will too”. I especially hate it when the parents drive expensive cars and have tons of fancy shit. That $50k BMW could have put your kid through school, asshole.

I guess I am not as sympathetic to low-income parents as I should be, and I am sure I will catch flack for this. I can tell you right now though, I will 100% pay for 5 years of schooling at a state college for my children. I’ll do everything I can to make sure that they get a good education.

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**Author:** ![njf126](https://avatars.discourse-cdn.com/v4/letter/n/67e7ee/32.png) [@njf126](https://forums.speedlife.net/u/njf126)\
**Post date:** [June 12, 2009, 8:01am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/79 "2009-06-12T08:01:27Z")

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well my dad bought his 1st new vehicle ever 1994 silverado and still rocks that but picked up a 99 neon to save on gas. my mom bought a used explorer. i mean they deff dont live outside their means they just live comfortable and dont like puting things on credit. they save until they can put a huge chunk down or pay it off right away. they couldn’t afford to help me after morgage car loan household needs savings etc and $70k was being generous lasts fafsa i filled out was under that

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [June 12, 2009, 8:02am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/80 "2009-06-12T08:02:51Z")

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[quote=“drvnkd,post:52,topic:69012"”]

The govt. does give out “free” education. About 13 years worth.  
Not everyone “deserves” an education but everyone is entitled to one.  
If you want the govt to provide college level education, it will have to be equal for everyone. I can’t wait to see how my daughter does in school.  
They take the smart kids, and blend them with slower kids to make for a nice class “average”. Thats how I view public education… or education redistribution 😃

If you want to help the economy, give people the chance to get educated in a trade. We need people to do manual labor jobs as more and more college graduates can’t even change a light bulb.  
OT: but not a bad read. (cross X from sportriders)

> **[The Case for Working With Your Hands (Published 2009)](https://www.nytimes.com/2009/05/24/magazine/24labor-t.html?_r=3&pagewanted=all)**
>
> Changes in the economy have had the surprising effect of making the manual trades more attractive as careers.

[/quote]

Funny you should say that.  
I’m a HUGE fan of the old way…apprenticeship/internships. That way you have Master craftsman teaching and helping others work up the ranks. Who better to teach a skillset? Why do you need gym class or other garbage courses they make you take when you are going to be doing a specific job? Develop the skills needed to perform the task and skip the fluff that helps the schools rake in the $.

As for the free education. It’s dumbed down and designed to make good workers not free thinkers. But that’s where parenting should come in I suppose…and that’s a whole different rant. 😉

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