Thanks to whoever fixed the poll!
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It is impossible for the government to forgive a loan. It can only transfer the burden of repayment from 1 person to the entire citizenry. Which is known as legalized theft.
If I came to your home and took $5 from your wallet to help pay my student loan, I'd go to jail for theft. The same should apply to government. For that matter they shouldn't be in the business of giving or receiving loans, or bailout anyway. |
You are right it is a complicated issue. The 52% of the population that pays taxes are already paying part of your student loans by keeping the interest payment well below where they should be. And if the nanny state was not subsidizing the professional students majoring in Post Modern Latin One Eyed Lesbian Studies your tuition would not be so high and you would not have to borrow so much. The people doing the protesting ought to be the taxpayers occupying the financial services department at every Community College and University.
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Originally Posted by FDXLAG
(Post 1072488)
You are right it is a complicated issue. The 52% of the population that pays taxes are already paying part of your student loans by keeping the interest payment well below where they should be. And if the nanny state was not subsidizing the professional students majoring in Post Modern Latin One Eyed Lesbian Studies your tuition would not be so high and you would not have to borrow so much. The people doing the protesting ought to be the taxpayers occupying the financial services department at every Community College and University.
atp |
Nevada is an interesting study in the dynamics of what is bandied about among many talking heads. It is a state with very lax tax laws and regulation, but it also has one of the highest rates of foreclosures, BK’s, and joblessness. One would think that with such a low tax rate and regulations, financial and otherwise, companies would flock there, but they don’t because they are afraid that the workforce is not as educated, on the whole, enough to support operations. This is not a verbatim direct quote but a summary from a professor of economics.
Maybe the state (Nevada and the country too) would do a lot better putting more emphasis on education? |
We have done nothing but throw money at education for the last 30 years. How is that working out for us? You want to emphasis education; try more calculus less gender inequity studies.
PS College like anything else in life means more when you earn it. |
Originally Posted by proletariatav8r
(Post 1072781)
Nevada is an interesting study in the dynamics of what is bandied about among many talking heads. It is a state with very lax tax laws and regulation, but it also has one of the highest rates of foreclosures, BK’s, and joblessness. One would think that with such a low tax rate and regulations, financial and otherwise, companies would flock there, but they don’t because they are afraid that the workforce is not as educated, on the whole, enough to support operations. This is not a verbatim direct quote but a summary from a professor of economics.
Maybe the state (Nevada and the country too) would do a lot better putting more emphasis on education? |
Actually, many companies are incorporated in Nevada including the one you work for (but I hope you get out soon ;)). As a tax haven, it is a very inviting state in which to incorporate. A company doesn't have to be located in Nevada to be a "Nevada Corporation". As far as education goes, that investment is definitely underemphasized. You are correct. Companies are "based" in NV, the same way other companies are "based" in the Bahamas or Switzerland. So they may have an office, or a PO box, but major operations that employ thousands of people? Not happening in NV. I'm not knocking the state or the people there at all. Just pointing out that the policy of low taxes and loose regulation doesn't translate to a burgeoning economy. And that there is a perception that there is an under-educated work force there that scares companies away who want to hire a skilled work force. I know this is starting to tread on some seriously thin ice and this thread could be locked soon. Hope it stays civil and doesn't though. :rolleyes: |
ATP, A+P, 4 year degree, and more.
$0 in loans. Paid my own rent. Vehicle paid for. |
Originally Posted by proletariatav8r
(Post 1072823)
pokey9554,
You are correct. Companies are "based" in NV, the same way other companies are "based" in the Bahamas or Switzerland. So they may have an office, or a PO box, but major operations that employ thousands of people? Not happening in NV. I'm not knocking the state or the people there at all. Just pointing out that the policy of low taxes and loose regulation doesn't translate to a burgeoning economy. And that there is a perception that there is an under-educated work force there that scares companies away who want to hire a skilled work force. I know this is starting to tread on some seriously thin ice and this thread could be locked soon. Hope it stays civil and doesn't though. :rolleyes: |
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