Stupid California!

[rambot]

The poor? We are talking about school loans.

Oh! So you don't want to help just anyone who needs help. You only want to help the people that God obliges you to help.

 

[rambot]

Enlighten me. If student loan debt is forgiven but nothing is done to address the ridiculous, crippling high costs of tuition, is the intent to forgive student loan debt perpetually, or is it just this current group of students that gets a break?

How many times have WHOLE industries been getting breaks from the US govt? How many times have airlines, oil industries, banking...all of them. How many tax loopholes should rich people have and should they also continues to receieve the same easy treatment?

Why is the cacophony so loud when it's people like you and me? Are you all feeling covetous?

 

[Bradskii]

Enlighten me. If student loan debt is forgiven but nothing is done to address the ridiculous, crippling high costs of tuition, is the intent to forgive student loan debt perpetually, or is it just this current group of students that gets a break?

From here: Education has been a significant interest of Kamala Harris since early in her career

'Many of (Harris's) positions on education — including a push for universal pre-school, and making college debt-free — were aligned with those proposed by Biden, or ultimately implemented by him as president.'

And from here: Democrats overwhelmingly favor free college tuition, while Republicans are divided by age, education

'Among all U.S. adults, 63% favor making tuition at public colleges free, including 34% who strongly favor the proposal.'

 

[BCP1928]

Enlighten me. If student loan debt is forgiven but nothing is done to address the ridiculous, crippling high costs of tuition, is the intent to forgive student loan debt perpetually, or is it just this current group of students that gets a break?

No. Young people are catching on and, increasingly, not going to college just to go to college. What the loan forgiveness does is bail out the last generation to be fooled into thinking that a BA is a magic ticket to management.

 

[Lukaris]

It's education. That's a universal good. It really sounds like you don't want to pay for it. It really sounds like you want to restrict it to those who can afford it. Maybe like, I dunno, health care.

In America, much of public education is already funded by property taxes. This includes salaries of the efficient and effective administrators of the school boards. I am a renter, not a property owner.

 

[Hammster]

You think I don't but I do. I think it's a really dumb argument. Unless you put in the effort to explain it otherwise.

I’ve explained it. I can’t make anyone understand it, though.

 

[Hammster]

Oh! So you don't want to help just anyone who needs help. You only want to help the people that God obliges you to help.

Yes. Exactly.

 

[bèlla]

Enlighten me. If student loan debt is forgiven but nothing is done to address the ridiculous, crippling high costs of tuition, is the intent to forgive student loan debt perpetually, or is it just this current group of students that gets a break?

Did you ask your elected representatives the same? Did you petition for lower tuition?

~bella

 

[bèlla]

Yes. Exactly.

You wouldn't be complaining if the Lord agreed. Is the devourer on your back?

~bella

 

[Palmfever]

We'll see
....Cheng said he has no plans to lay off any of his 250 Wendy’s workers and instead has turned to cutting overtime and reducing the amount of workers on each shift. He also raised menu prices about 8% in January in anticipation of the law.

Still he said his books show that he was $20,000 over budget for a two-week pay period.

Jot Condie, president and CEO of the California Restaurant Association, which opposed the minimum wage bill, said businesses are simultaneously feeling the squeeze from rising rents and food costs.

“When labor costs jump more than 25% overnight, any restaurant business with already-thin margins will be forced to reduce expenses elsewhere,” Condie said. “They don’t have a lot of options beyond increasing prices, reducing hours of operation, or scaling back the size of their workforce.”

Julieta Garcia, who’s been at a Pizza Hut in Los Angeles for a little over a year, said she’s now working five days instead of six. But that’s not a bad thing, she said, since she can spend more time with her 4-year-old son. The extra money means she can pay her cellphone bill on time, instead of having to turn off service, and take her son to get his tonsils checked out, she said.

Howard Lewis, a 63-year-old retiree who works at a Wendy’s in Sacramento, said he has been investing his extra money.

“Today was payday and I bought $500 worth of stock,” said Lewis. He’s also helping his ex-wife fix the brakes on her car.

Gov. Gavin Newsom said the hike was necessary to give the state’s more than half a million fast food workers a living wage.

“We are a state that gives a damn about fast food workers — who are predominantly women — working two and a half jobs to get by,” Newsom stated in his state-of-the-state address posted on social media.

For Enif Somilleda, a general manager at a Del Taco in Orange County, the raise has been a mixed bag. She used to have four people working per shift. She now only has two.

“Financially it has helped me,” she said. “But I have less people so I have to do a lot more work.”

 

[Palmfever]

Enlighten me. If student loan debt is forgiven but nothing is done to address the ridiculous, crippling high costs of tuition, is the intent to forgive student loan debt perpetually, or is it just this current group of students that gets a break?

This is info from the end of August 2020, so 3 years old and Kund flu was in full swing. I don't know if that had any impact on tuition. Don't think so. Forbes

A new paper by economist Beth Akers of the Manhattan Institute (my former employer) asks why college tuition is so high and still rising. The proximate causes of tuition inflation are familiar: administrative bloat, overbuilding of campus amenities, a model dependent on high-wage labor, and the easy availability of subsidized student loans.
However, the deeper question is why the market has allowed these cost inefficiencies to persist. In most industries, competition brings down the cost of products over time. The first laptop computer cost over $5,000 in today’s dollars, but now laptops with far more computing power can be bought for $200. Why hasn’t the same phenomenon occurred in higher education?

Akers explores four potential explanations: students overestimate the return to a degree; colleges are not transparent about their true prices; too few institutions operate in each regional market; and there are significant barriers to entry for new educational providers...

... All colleges must be accredited to access federal aid, but the accreditation system is typically hostile to new players. Accreditors often judge schools based on factors such as curriculum and faculty rather than whether they achieve better student outcomes for a lower price. This system disadvantages schools with newer and cheaper but potentially more effective educational models.

These problems are deeply ingrained in America’s higher education system, and reversing them will take work. Akers has several proposals to address them, which fall into two main groups. The first prong of her strategy is transparency. Better data on financial aid and net prices should be made available and accessible, along with data on typical earnings after graduation. This will help inform students whether a particular college degree is worth the cost.

So what I gather from this article, it's good American greed.

 

[rambot]

Yes. Exactly.

You would NOT want to help a child who needs insulin if it was being done through socialized medicine. But you ARE/were willing to pay an insurer to not help that same child in your current system.

 

[Hammster]

But you prefer insurance companies denying essential care (leading to death) or people to save money to a single payer system?

Can you make this a little more coherent?

 

[rambot]

Can you make this a little more coherent?

As per request....see above.

 

[Hammster]

You would NOT want to help a child who needs insulin if it was being done through socialized medicine. But you ARE/were willing to pay an insurer to not help that same child in your current system.

I have no problem with health insurance. I have a problem with the system that makes it so expensive, but that’s a different discussion.

 

[rambot]

I have no problem with health insurance. I have a problem with the system that makes it so expensive, but that’s a different discussion.

oh! So you would be willing to pay for a child's brain surgery in socialized medicare? That's heartenning!

 

[Hammster]

oh! So you would be willing to pay for a child's brain surgery in socialized medicare? That's heartenning!

Sure. But not that same child’s student loan.

 

[Bradskii]

Sure. But not that same child’s student loan.

We'll accept your support for socialised medicare in lieu of cancelling student loans. Politics is all about the art of the deal. Do we have one?

 

[rambot]

We'll accept your support for socialised medicare in lieu of cancelling student loans. Politics is all about the art of the deal. Do we have one?

100%

 

[Hammster]

We'll accept your support for socialised medicare in lieu of cancelling student loans. Politics is all about the art of the deal. Do we have one?

No.