Do Students Deserve a Bailout?

No, they should have made better decisions.

Create jobs and let them pay it back themselves.

I went to school for what should have guaranteed me a nonprofit/public service job. Now that government funding is frozen, my degree means nothing. How was that my decision? or a bad one?

On the other hand… These guys made a lot of decisions

                                                    GM, Chrysler, AIG, JP Morgan, Citigroup, Wells Fargo, Bank of America, Merrill Lynch, Goldman Sachs, Morgan Stanley, PNC Financial Services,  Bank of New York Mellon, State Street Corp, Capital One Financial, Fifth Third Bancorp, Regions Financial, SunTrust Banks, BB&T Corp, KeyCorp, Comerica, Marshall & Ilsley Corp, Northern Trust Corp,Huntington Bancshares, Zions Bancorp, First Horizon National, City National Corp,Valley National Bancorp, UCBH Holdings Inc, Umpqua Holdings Corp, Washington Federal, First Niagara Financial, HF Financial Corp, Bank of Commerce, etc....

WHO THE FUCK WAS “GIVEN” MONEY?!?! Last I looked the “bailouts” were loans and/or ownership stakes in companies.

The truth of the matter is that students have been given “bailouts” for years in the form of low interest government loans that are usually interest free while in school.

WAKE UP PEOPLE!

fair enough, but i’d rather pay for school than get shot at.

You can defer loans while unemployed, it might be something to look into subsidizing student loans. You still pay it off but at an easier rate.

But if they are willing to give me money I’ll take it.

:bsflag:

A big reason i didnt finish school is because of the ridiculous costs. I went to a SUNY school too. I have 35k in student loan debt from 2 and a half years. My parents make enough money for me to get 0 financial aid or any assistance program. Doesnt mean they are going to pay for my school though as the government must think. Yet the kid whose parents are poor get full fucking rides to UB. Pisses me off. /rant

so if they werent doing anything for you, stop claiming yourself as a dependent. If you’re on your own you’ll get just as much as the poor kids.

Or just drop out of college. :picard:

Wake up? You really think the government is going to get anywhere near what they put into these companies back?

Nobody gave me low interest government loans. My parents made too much money when I was at home, and I made too much money after I moved out

I did however go to a government subsidized school, like most people.

Planned on taking a year off to pay for school instead of using loans. I have a pretty good job now but not something i think id like to do forever. I plan on going back and finishing at some point.

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”

was just giving you shit I did the same thing. Went to school for two years. Worked full time for four years and finished another ear of school via night school. Now next September I am returning for one more year full time to graduate. It is just hard to make yourself do it especially if you are making decent cash.

OMG :bigclap: for tpgsr!

BOOOO to the we want everything now and for free IM SO ENTITLED! generation.

:mamoru:

I would hump the governments leg if they paid off my student loans! I will be sitting on top of a cool $40k after next year, but that should be the end of it. I can’t complain though, that is around 9 years or so of being in school, at RIT besides.

So you took GIS courses, GIS Design and Development, Environmental design, transportation, analysis courses? No you took the typical courses. I could walk into the management department and pick and choose classes that would be a cake walk for me.

There is a reason why ESRI and numerous other companies interview directly in our department on a yearly basis.

WOW… 9 years at RIT, did you take out a mortgage to pay for that?

It’s only 40k, that would be a shitty house :mamoru: That’s just for a lot of my undergrad and 2 years of Ph.D. The rest was all paid for from grants, scholarships, tuition reimbursement, and selling organs on the black market.