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Hard to see a way out.
Monday, January 15, 2018
College Debt Delaying Homeownership
Housingwire:
But now, a new study shows the student debt crisis could be worse than
anyone thought. Currently, at nearly $1.4 trillion in outstanding loans,
student debt is the second largest source of household debt after
housing, and the only form of consumer debt than continued to grow after
the Great Recession, according to a new report from The Brookings Institution, a nonprofit public policy organization.
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Hard to see a way out.
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Hard to see a way out.
First. Vets can weasel out of it. Like draft dodgers, they could go to canada. Or some other appropriate place. They could trade with Daca people, who I presume have no debt. They go, Dacas stay, until their parents ddemand them back.. I'm sure there are 50 ways t o leave your student loan debt.
ReplyDeleteNo need to be coy, Roy. Just set yourself free.
Just screw the bank...
ReplyDeleteFrank.
Don't pay it back...
Jack.
Return the degree...
Lee.
Blow off the loan...
Joan.
Just set yourself free.
Hehehehehe
DeleteThat was fun.
DeleteFrom housing days of yore.
DeleteWhat can't be paid back, won't be paid back.
Most of their debt is like a car loan. Get a job bum and work it off like the debt non college people do.
ReplyDeleteI take it you're unfamiliar with our special snowflakes
ReplyDeleteSpecial snowflakes can be older.
DeleteThe county offers " free rides" to the diabled. The hub doesn't want me to drive and he gets tired of it. Yay. But,n jhow much does it cis the you? 78$ a trip. Yikes! Well, you take donations? Yes. Well we will give you donations. Not fair to taxpayer otherwise. Told this to some UUs, and they said taxpayers? Taxpayers? Not fair otherwise I said. They were bewildered.
I have met several and it amazes me how common sense screws with their head.
ReplyDeleteJust one head?
DeleteNSFW
DeleteThe debt can't and won't be paid back. It will be defaulted, and once we get a Bernie Sanders-style government, forgiven.
ReplyDeleteJublilee!
Government backed loans will garnish SS payments. Ouch! I bet they didn't tell you that either. Limit loans and watch tuition drop, fixes the rising cost problem. =:0
ReplyDeleteYep, wIll be painful for a while.
ReplyDeleteIt's -1° in Champaign. Wind chill -22°!!!
ReplyDeleteGood Morning!
ReplyDelete26K! up,Up and Away!
All of these government subsidized programs put small businesses out of business. We had a taxi service but not any more since the city has dedicated their mini buses to $2.00 a ride. Just call and door to door. We live in the county and where served by the taxi biz. People here think pennies from heaven are where the money comes from. No clue some one worked and paid these taxes or the government put it on the credit card. Very sad most haven't got a clue about anything but themselves.
Oh,they think I'm disabled because I'm very nearsighted which I've always been. The real cost of this service is 78$ a ride.
ReplyDeleteI wonder how much a Uber would cost if we even have one. Money maker at discounting $78. Worth buying an older handicap minivan with a lift. The other fact is private biz pays taxes.
ReplyDeleteMorning y'all
ReplyDelete26K Hats On!
ReplyDeleteHats Off!
ReplyDeleteHey, we need to import debtless ones to buy houses.
ReplyDeleteWe do, the rich Asians have been buying the West coast for several years helping drive house prices up.
ReplyDeleteFrom Reddit:
ReplyDeletesm_refugee • 11h
>Several CNN reporters are on suicide watch.
Prozac dispensers in every bathroom. You can't be too safe.
Hmmmmm... Slow day on EN?
ReplyDeleteDawgafornia is back in the news - and they are calling San Diego one of them:
ReplyDeleteCalifornia was once the land of Richard Nixon, Ronald Reagan, and John Birch socialites; a state that revolted against taxes and immigrants before it was cool. Now, it’s a stronghold of the #Resistance, replete with sanctuary cities, legal reefer, and equal-pay laws.
Understandably, many of the region’s old-school reactionaries have started to feel like strangers in their own land. And so, these Golden State culture warriors have developed a plan to make California great again. As USA Today (oddly) reports:
The founders of New California took an early step toward statehood Monday with the reading of their own Declaration of Independence from California, a state they describe as “ungovernable.”
Their solution: Take over most of current-day California — including many rural counties — and leave the coastal urban areas to themselves.
“The current state of California has become governed by a tyranny,” the group, led in part by vice chairman Robert Paul Preston, declared in a document published online.
… “After years of over taxation, regulation, and mono-party politics the State of California and many of it’s 58 Counties have become ungovernable,” the would-be founders of New California said in a statement this week, citing a “decline in essential basic services” including education, law enforcement, infrastructure and health care.
There are a lot of reasons to snicker at New California’s would-be Founding Fathers. The idea that rural Californians would have better education, infrastructure, and health-care services if only they had lower tax rates, and no access to state revenues generated in San Francisco, Los Angeles, and Sacramento, is delightfully delusional. And, as election analyst J. Miles Coleman points out, the conservative utopia of New California would almost certainly be dominated by liberal Democrats.
http://nymag.com/daily/intelligencer/2018/01/the-case-for-new-california.html
Tuesday, July 06, 2004
ReplyDeleteNueva Kalifornia
After the revolution I plan on using SLO as my new Capital of El Centro de
Kalifornia. Stretching from San Vincente Blvd at the base of the Pacific
Palisades to my summer Palace at San Simeon, encompassing the Santa Monica
Mtns., Santa Lucia Range, San Rafael Mtns inland to as far as Taft, my
benevolent dictatorship will rule in peace and prosperity. After the
rotting corpses of any remaining lawyers are dealt with my first act will be
to outlaw public transit. My second act will be to replace all these damn
compound Spanish place names. Henceforth Santa Barbara will be simply known
as "Babs."
Regards from the temporary exile HQ in "Cam,"
El Supremo de Nueva Kalifornia
>The founders of New California took an early step toward statehood Monday with the reading of their own Declaration of Independence from California, a state they describe as “ungovernable.”
ReplyDeleteWell at least they are just talking about a new state, not secession from the US (as the left is fantasizing).
I want those assholes in the coastal cities to secede. Be gone with ya, and we won't see another dimorat elected this century
DeleteElected President...
DeleteDow 26k
ReplyDeleteWhoa!!! Where does the State of Franklin fit into New California????
ReplyDeleteYou mean Jefferson?
DeleteDawg!!! be careful where you draw your boundaries!!! From my topos and grandpa's writing there is a location called the "Black Hole" near SLO. If it becomes active your state may be drawn in and disappear!!!
ReplyDeleteOn other maps that area is labeled CALPERS
Delete>On other maps that area is labeled CALPERS
ReplyDeleteDon't forget CALSTRS.
What happens when two black holes combine?
Big Tax Bang implosion consuming entire paychecks to fund outrageous muni retirement bennies.
ReplyDeletePC Pacifica; SF peninsula and environs. (PC as in
ReplyDeletePolitically Correct, (even Hillary Clinton could get elected.)
MC Centro or Sierra; Central Valley plus mountains. (America's
Vegetable Drawer.)
AC Alta or Upper California Northern counties. (Big High Country.)
CC Costa California Ventura to Monterey - Tehachapis/Coastal Range.
(Alternative Aurocosta, Gold Coast.)
LA Angeles; All the Miserable urban crap, social problems,
etc. LA, Orange, Riverside, Antelope Valley, San Berdoo.
(Lousiana can take LS for their abbreviation)
SC From Sud California San Diego, Imperial and environs. (Alternatives
Imperial or just tell South Carolina to buzz off.)
Of course 14 new Senators and a 20 House members reapportioned from the other States would severely upset the Congress. Fun times.
San Diego wants to be in with all the Miserable urban crap, social problems,
ReplyDeleteetc. PLEASE!!!
They could use the Santa Monica model, and run a train line in from more distressed areas
DeleteHello? Hello!
ReplyDeleteGood Morning!
ReplyDeleteI'm up and going on injured reserved for a few days. All went well, 2 more stents and opened up a couple of restrictions.
Watched a few Videos on Kali street people. Sad and disgusting. I think the meddling by the government and immigration policy is a big part of it. I don't think the pot effect has started yet. What a mess, what a mess.
LBD,
ReplyDeleteGlad things went well...I was out two days running my wife around for her current ailments.
Hi, any body miss
ReplyDeleteme?
Guess not I lost my cell phone🐶. Buy a new one one today, I hope.
ReplyDeleteFound an old pad. New post?
Guess they don't miss the ramblings of old peoples medical problems and updated weather reports. :)
ReplyDeleteTrue dat...
DeleteI've been a poor host. Everybody gets a refund!
ReplyDeleteI thought it was double your money back if not satisfied? LOL!
ReplyDeleteLife is for living, don't sweat it, I'm very happy having some where to go.
New Post.
ReplyDelete