It's Not Our Money , And We Want It NOW !

[jasonc]

The ones most likely to pa6 for it will be the ones getting the forgiveness. The structured tax bracket suggests that people with higher education will be in those brackets. The money is already spent.


Personally we need an expansion on state and community College funding and acredidation

Oh, the CATO, institute. The libertarian think tank invested in explain8ng why everyone under 40 should empty their wallets to the corporations....ok.

And colleges don't simply charge more and private ones lobby for money ?

 

[Consecrated Life]

The ones most likely to pa6 for it will be the ones getting the forgiveness. The structured tax bracket suggests that people with higher education will be in those brackets. The money is already spent.


Personally we need an expansion on state and community College funding and acredidation

Oh, the CATO, institute. The libertarian think tank invested in explain8ng why everyone under 40 should empty their wallets to the corporations....ok.

You think the majority taxpayers favors college loan forgiveness ?

 

[Milk-Drops]

That doesn't mean cheap.

Irscc my alma mater charges more on top of the more funds.your tuition never funds it all .

Oh, I am fully aware.

 

[Milk-Drops]

You think the majority taxpayers favors college loan forgiveness ?

Never said that. I th8nk the magority of tax papers have bo idea where there money goes.

 

[Consecrated Life]

Never said that. I th8nk the magority of tax papers have bo idea where there money goes.

That is because the money never goes anywhere.
Because the $1,000,000,000,000 and counting wealthy liberal colleges believe in never helping the poor students they milked the money from pay off their debts ,
They would rather all of their $1,000,000,000,000 and put the burden of paying off the educated poor's debts on the backs of the working poor .
This colossal demonstration of greed & indifference to the poor being their true moral nature ,
Why do you think they would never consider helping the poor in debt students they took the money from in the first place ?



Why do the wealthiest white liberal institutions milk the poor dry in tuition loans then kick them to the curb, to scrape and claw to pay the enormous debt while the colleges sit back and collect interest in the billions each year ?
Rather than stepping up in the compassion they preach they instead subtract themselves from the equation altogether as government decides the working poor should be the ones to pay back the educated poor ?
Let the working poor take care of the educated poor's debts says this Hydra-Headed $1,000,000,000,000 Academic colossus of supposed compassion , equity & fairness to the poor .
Their true moral values of greed, self-interest, disconnect, indifference to suffering being exposed behind their phony cardboard banner of "equity , fairness, compassion.
https://ies.ed.gov/

Endowments​

Question:
How large are the endowments of colleges and universities in the United States?
Response:
At the end of fiscal year 2021, the market value of the endowment funds of colleges and universities was $927 billion, which was 34 percent higher than the beginning of the fiscal year, when the total was $691 billion.
The five institutions with the largest endowments at the end of fiscal year 2021 were Harvard University ($53 billion), Yale University ($42 billion), The University of Texas System Office ($40 billion), Stanford University ($38 billion), and Princeton University ($37 billion).

Endowment funds of the 20 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year (FY) 2021
Institution	Rank order, end of FY1	Market value of endowment (in thousands)
Beginning of FY	End of FY
United States (all institutions)	†	$691,144,829	$927,174,812
Harvard University	1	41,894,380	53,165,753
Yale University	2	31,201,686	42,282,852
The University of Texas System Office	3	30,522,120	40,414,914
Stanford University	4	28,948,111	37,788,187
Princeton University	5	25,944,283	37,026,442
Massachusetts Institute of Technology	6	18,381,518	27,394,039
University of Pennsylvania	7	14,877,363	20,523,546
University of Notre Dame	8	12,319,422	18,385,354
Texas A & M University–College Station	9	12,734,068	16,895,504
University of Michigan–Ann Arbor	10	12,144,714	16,795,776
University of California–System Administration Central Office	11	12,267,010	16,463,910
Columbia University in the City of New York	12	11,257,021	14,349,970
Washington University in St Louis	13	8,489,294	13,668,081
Duke University	14	8,474,071	12,692,472
Emory University	15	9,169,028	12,218,693
Northwestern University	16	8,484,706	11,361,182
Vanderbilt University	17	6,917,371	10,928,512
University of Virginia–Main Campus	18	7,146,476	10,366,578
University of Chicago	19	7,199,521	9,594,956
Cornell University	20	6,882,708	9,474,388

† Not applicable.
1 Institutions ranked by size of endowment at end of 2021 fiscal year.
NOTE: Data in this table represent the 50 states and the District of Columbia. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. In addition to individual degree-granting institution campuses, this table includes two state university systems (The University of Texas System Office and University of California–System Administration Central Office).
SOURCE: National Center for Education Statistics. (2023). Table 333.90. Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2021 [Data table]. In Digest of education statistics. U.S. Department of Education, Institute of Education Sciences. Retrieved October 3, 2023, from https://nces.ed.gov/programs/digest/d22/tables/dt22_333.90.asp.

Related Tables and Figures: (Listed by Release Date)

• 2023, IPEDS Data Explorer, Amount and % distribution of revenues and expenses of all Title IV institutions and administrative offices, by level and control of institution or administrative office, accounting standards utilized, and source of funds and type of expense: United States, fiscal year 2021

Other Resources: (Listed by Release Date)

• 2023, The Integrated Postsecondary Education Data System (IPEDS): IPEDS is a system of surveys designed to collect data from all primary providers of postsecondary education.

 

[hawkman]

 

[Milk-Drops]

I guess those people working 3 jobs and still can't pay off their loans should just die then.

 

[Consecrated Life]

I guess those people working 3 jobs and still can't pay off their loans should just die then.

If up to the super wealthy liberal communist institutions who gained their enormous wealth from those working 3 jobs then, yes .
They should die trying to make these communist institutions even richer.
And the working poor should take on the debt as well and then die .
You ilk believes the poor should pay for the poor to enrich the super rich .
These are your true morals :

Endowment funds of the 20 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year (FY) 2021
Institution	Rank order, end of FY1	Market value of endowment (in thousands)
Beginning of FY	End of FY
United States (all institutions)	†	$691,144,829	$927,174,812
Harvard University	1	41,894,380	53,165,753
Yale University	2	31,201,686	42,282,852
The University of Texas System Office	3	30,522,120	40,414,914
Stanford University	4	28,948,111	37,788,187
Princeton University	5	25,944,283	37,026,442
Massachusetts Institute of Technology	6	18,381,518	27,394,039
University of Pennsylvania	7	14,877,363	20,523,546
University of Notre Dame	8	12,319,422	18,385,354
Texas A & M University–College Station	9	12,734,068	16,895,504
University of Michigan–Ann Arbor	10	12,144,714	16,795,776
University of California–System Administration Central Office	11	12,267,010	16,463,910
Columbia University in the City of New York	12	11,257,021	14,349,970
Washington University in St Louis	13	8,489,294	13,668,081
Duke University	14	8,474,071	12,692,472
Emory University	15	9,169,028	12,218,693
Northwestern University	16	8,484,706	11,361,182
Vanderbilt University	17	6,917,371	10,928,512
University of Virginia–Main Campus	18	7,146,476	10,366,578
University of Chicago	19	7,199,521	9,594,956
Cornell University	20	6,882,708	9,474,388

 

[jasonc]

I guess those people working 3 jobs and still can't pay off their loans should just die then.

Should the government forgive mortgages ? Plenty of people right now are that way.i was. The only way could buy a house was too work that way .
I used to shut off utilities for doctors and dentists and lawyers those were often late .

My mortgage isnt not under those loans .

 

[Milk-Drops]

Should the government forgive mortgages ? Plenty of people right now are that way.i was. The only way could buy a house was too work that way .
I used to shut off utilities for doctors and dentists and lawyers those were often late .

My mortgage isnt not under those loans .

I am more commenting on the sentiment. Yes, people did pay off their loans early and are not benefitting from the forgiveness programs. I don't think it's a slap in the face. It's more of right time right place situation. I didn't get any of my loans forgiven, but at the end of the day that's OK. Now for mortgages, that's not the same as in the government isn't in the business of heavily subsidizing those loans. I know here and there they regulate it, but its not the same basis
Also not all types of student loans are being forgiven. only loans that are federally backed are forgiven. So unsubsidized loans are off the table.

 

[Milk-Drops]

If up to the super wealthy liberal communist institutions who gained their enormous wealth from those working 3 jobs then, yes .

You literally can not be liberal and communist. A huge part of communism is the rejection of liberalism.

They should die trying to make these communist institutions even richer.

Thetr ate no communist institutions in the United States. It's an oxymoron for a business to be communist.

And the working poor should take on the debt as well and then die .
You ilk believes the poor should pay for the poor to enrich the super rich .
These are your true morals :

Endowment funds of the 20 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year (FY) 2021
Institution	Rank order, end of FY1	Market value of endowment (in thousands)
Beginning of FY	End of FY
United States (all institutions)	†	$691,144,829	$927,174,812
Harvard University	1	41,894,380	53,165,753
Yale University	2	31,201,686	42,282,852
The University of Texas System Office	3	30,522,120	40,414,914
Stanford University	4	28,948,111	37,788,187
Princeton University	5	25,944,283	37,026,442
Massachusetts Institute of Technology	6	18,381,518	27,394,039
University of Pennsylvania	7	14,877,363	20,523,546
University of Notre Dame	8	12,319,422	18,385,354
Texas A & M University–College Station	9	12,734,068	16,895,504
University of Michigan–Ann Arbor	10	12,144,714	16,795,776
University of California–System Administration Central Office	11	12,267,010	16,463,910
Columbia University in the City of New York	12	11,257,021	14,349,970
Washington University in St Louis	13	8,489,294	13,668,081
Duke University	14	8,474,071	12,692,472
Emory University	15	9,169,028	12,218,693
Northwestern University	16	8,484,706	11,361,182
Vanderbilt University	17	6,917,371	10,928,512
University of Virginia–Main Campus	18	7,146,476	10,366,578
University of Chicago	19	7,199,521	9,594,956
Cornell University	20	6,882,708	9,474,388

Yes, you have a table here, but in an earlier post you seem to not understand that it's the banking institutions that provide the loans, not the schools that are profiting off long term loan payments. The schools get their money and move on. The loan forgiveness programs are more detrimental to banks and investors than the schools.

 

[jasonc]

I am more commenting on the sentiment. Yes, people did pay off their loans early and are not benefitting from the forgiveness programs. I don't think it's a slap in the face. It's more of right time right place situation. I didn't get any of my loans forgiven, but at the end of the day that's OK. Now for mortgages, that's not the same as in the government isn't in the business of heavily subsidizing those loans. I know here and there they regulate it, but its not the same basis
Also not all types of student loans are being forgiven. only loans that are federally backed are forgiven. So unsubsidized loans are off the table.

The va does and the fha loan does.if you default on the loan the va and FHA pay the mortgage off .

The mortgage programs Fannie Mae and Freddie Mac ring a bell ?

U.S. mortgage delinquency rates for FHA loans 2000-2023 | Statista

The mortgage delinquency rate for Federal Housing Administration (FHA) loans in the United States declined since 2020, when it peaked at 15.65 percent.

www.statista.com

My mortgage is one of those . The govt eats that loss .

FHA insured loan - Wikipedia

en.wikipedia.org

I filed chapter 13 .

In Florida you can not loose your house but choose to modify the loan or keep the payment .

I choose to keep the payment as it was after I refinanced it. So yes the stare does back these loans and pays off the bank should a default occur

 

[Consecrated Life]

You literally can not be liberal and communist. A huge part of communism is the rejection of liberalism.


Thetr ate no communist institutions in the United States. It's an oxymoron for a business to be communist.



Yes, you have a table here, but in an earlier post you seem to not understand that it's the banking institutions that provide the loans, not the schools that are profiting off long term loan payments. The schools get their money and move on. The loan forgiveness programs are more detrimental to banks and investors than the schools.

So in your mind it should never occur the super wealthy Trillion dollar institutions preaching to the world of " Fairness, Equity , helping the poor , compassion , & goodness" to help the struggling in debt poor who were the means by which their enormous wealth was made .
Instead the working struggling poor should share the burden of the college indebted poor .
Thereby making all poor equally poor and struggling.
Yours are the very definition of communism .
Rules for thee but not for me.

Endowment funds of the 20 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year (FY) 2021
Institution	Rank order, end of FY1	Market value of endowment (in thousands)
Beginning of FY	End of FY
United States (all institutions)	†	$691,144,829	$927,174,812
Harvard University	1	41,894,380	53,165,753
Yale University	2	31,201,686	42,282,852
The University of Texas System Office	3	30,522,120	40,414,914
Stanford University	4	28,948,111	37,788,187
Princeton University	5	25,944,283	37,026,442
Massachusetts Institute of Technology	6	18,381,518	27,394,039
University of Pennsylvania	7	14,877,363	20,523,546
University of Notre Dame	8	12,319,422	18,385,354
Texas A & M University–College Station	9	12,734,068	16,895,504
University of Michigan–Ann Arbor	10	12,144,714	16,795,776
University of California–System Administration Central Office	11	12,267,010	16,463,910
Columbia University in the City of New York	12	11,257,021	14,349,970
Washington University in St Louis	13	8,489,294	13,668,081
Duke University	14	8,474,071	12,692,472
Emory University	15	9,169,028	12,218,693
Northwestern University	16	8,484,706	11,361,182
Vanderbilt University	17	6,917,371	10,928,512
University of Virginia–Main Campus	18	7,146,476	10,366,578
University of Chicago	19	7,199,521	9,594,956
Cornell University	20	6,882,708	9,474,388

 

[Milk-Drops]

So in your mind

I don't think it matter what I believe, because you won't engage with my actual stance. You mostly just say buzzwords, have demonstrated that really don't read or understand the sources you do use, argue against strawman, and use insult. I don't care.

 

[Consecrated Life]

I don't think it matter what I believe, because you won't engage with my actual stance. You mostly just say buzzwords, have demonstrated that really don't read or understand the sources you do use, argue against strawman, and use insult. I don't care.

That's what I would say at this point as well , if I were you .

 

[Milk-Drops]

So in your mind it should never occur the super wealthy Trillion dollar institutions preaching to the world of " Fairness, Equity , helping the poor , compassion , & goodness" to help the struggling in debt poor who were the means by which their enormous wealth was made .
Instead the working struggling poor should share the burden of the college indebted poor .

This is is literally just nonsense. You seem to have made up entities in your head to fight and think I agree with them. Sorry I'm not that guy.

Thereby making all poor equally poor and struggling.
Yours are the very definition of communism .
Rules for thee but not for me.

I'm not a communist and communism is not about making the poor equally poor. It's a system of collective ownership of the means of production instead of ownership in the hands of capitalists.

 

[Uncle J]

The rich dems or the middle class dems say that ?

You've completely stopped making any sense. Your Chinese bosses need to send you for more training.

 

[Uncle J]

This is is literally just nonsense. You seem to have made up entities in your head to fight and think I agree with them. Sorry I'm not that guy.


I'm not a communist and communism is not about making the poor equally poor. It's a system of collective ownership of the means of production instead of ownership in the hands of capitalists.

CL checks all the boxes for a Chinese gov't troll. Posts over and over and over again about immigrants and crime, and doesn't really engage in any sort of conversation with a lot of their posts going all over the place.

 

[Uncle J]

 

[Consecrated Life]

The next big Tax bailout the working poor taxpayer will be forced to pay for will be yet another one you voted for and your chinese communist loving leader foisted on the working poor, and has promised the major auto industries he will bail them out of if they force unions to vote the for him.
More & More of the Communist way .
Please Don't tell the working poor taxpayer they are going to take even harder in the shorts for a Biden bailout of Big Auto.
We all know they are too stupid to figure it out


https://www.theautopian.com/ford-lo...ehicle-sold-last-quarter-so-was-toyota-right/

Ford Lost $36,000 For Every Electric Vehicle Sold Last Quarter, So ...​

Oct 30, 2023 ... That's a lot of cars. ... top 3 spots and the top 7 of 10 spots. The ... lose less on EV investing and continue focussing on their established money ...

General Motors says it will stop burning cash on electric vehicles by 2025​