The U.S. Will Forgive at Least $108 Billion in Student Debt

[Baker Boy 1,710]

Wont be an issue when it's free.

Reminder: Everything the Government ‘Gives’ Someone Must Be Taken From Someone else.

[Hardcore troubadour 15,912]

Reminder: Everything the Government Gives Someone Must Be Taken From Someone else.

Except the death penalty. Would love to see the government be more generous with that.

[bandrus1 413]

Are their educations better than the ones here?

Our higher education system would be crap if we closed the boarder to everybody trump wants to

[Hardcore troubadour 15,912]

Our higher education system would be crap if we closed the boarder to everybody trump wants to

Ok, but are there's better?

[jerryskids 7,126]

Our higher education system would be crap if we closed the boarder to everybody trump wants to

 

Why is that?

[bandrus1 413]

 

Why is that?

Because our universities depend on income from rich foreign students who pay full out of state tuition and they also drain the top talent in all fields to become faculty and researchers

[bandrus1 413]

Great discussion

[Hardcore troubadour 15,912]

Because our universities depend on income from rich foreign students who pay full out of state tuition and they also drain the top talent in all fields to become faculty and researchers

Better?

[bandrus1 413]

Better?

Yes due to foreigners

[Hardcore troubadour 15,912]

Yes due to foreigners

So free isnt better. It's worse. Why would you tout an idea that you admit is worse?

[jerryskids 7,126]

Yes due to foreigners

 

 

INTERNATIONAL STUDENTS AND SCHOLARS

There are 3,289 international students enrolled in degree programs at MIT—440 undergraduates (10 percent) and 2,849 graduate students (42 percent)—for the current academic year. Additionally, there are 539 exchange, visiting, and special students on campus.

During academic year 2014–2015, MIT hosted 2,403 international scholars from 93 countries, who engaged in teaching and research in 70 different departments, laboratories, and centers.

International Students and Scholars by Region Students* Scholars* * Percentages are rounded. Asia 48% 43% Europe 25% 36% Latin America and the Caribbean 10% 5% Canada 7% 6% Middle East 6% 7% Africa 3% 2% Oceania 1% 1%

 

At MIT anyway, the vast majority of int'l students are graduate students. Honest question: do they pay full price or do they tend to have TA/RA positions + research to pay for the bulk of their schooling?

 

Regardless, the vast majority of those people are from east Asia and Europe. Is Trump putting the hammer down on them? I thought it was mostly middle east and maybe Africa, which is a small percentage of a small percentage. Plus I don't think he'll eliminate everyone from those regions, mostly unvetted refugees from known terrorist strongholds.

[bandrus1 413]

 

At MIT anyway, the vast majority of int'l students are graduate students. Honest question: do they pay full price or do they tend to have TA/RA positions + research to pay for the bulk of their schooling?

 

Regardless, the vast majority of those people are from east Asia and Europe. Is Trump putting the hammer down on them? I thought it was mostly middle east and maybe Africa, which is a small percentage of a small percentage. Plus I don't think he'll eliminate everyone from those regions, mostly unvetted refugees from known terrorist strongholds.

Like let's say ohhhhh Pakistan, india,turkey, Saudia Arabia ? Which are countries that sent HUGE numbers of students to the United States for the sciences

 

He said all Muslims

[Hardcore troubadour 15,912]

 

At MIT anyway, the vast majority of int'l students are graduate students. Honest question: do they pay full price or do they tend to have TA/RA positions + research to pay for the bulk of their schooling?

 

Regardless, the vast majority of those people are from east Asia and Europe. Is Trump putting the hammer down on them? I thought it was mostly middle east and maybe Africa, which is a small percentage of a small percentage. Plus I don't think he'll eliminate everyone from those regions, mostly unvetted refugees from known terrorist strongholds.

Wait, Trump said only terrorist regions and those that enter illegally? So how would that keep people out from coming here on a student visa? Bandrus seems concerned about that, but is it a true concern? Or just more twisting and deception?

[bandrus1 413]

https://www.theguardian.com/us-news/video/2015/dec/08/donald-trump-calls-for-complete-ban-on-muslims-entering-the-us-video

 

WE HAVE NO CHOICE

[mobb_deep 920]

I'm confused by this. As someone with student loans, I obviously want them paid off for free.

 

But, everything I've read is that only people with "untenable" student loans qualify. Am I SOL, because I've been paying my loan on time for almost 15 years now? Think I only have maybe 5g left to pay it all off.

[giraldi02 476]

I'm confused by this. As someone with student loans, I obviously want them paid off for free.

 

But, everything I've read is that only people with "untenable" student loans qualify. Am I SOL, because I've been paying my loan on time for almost 15 years now? Think I only have maybe 5g left to pay it all off.

 

15 years?

 

All of mine are on a 10 year repayment. Were those government issued? Private? Or did you go through forbearance/deferment at some point?

[mobb_deep 920]

 

15 years?

 

All of mine are on a 10 year repayment. Were those government issued? Private? Or did you go through forbearance/deferment at some point?

 

Yah. The whole thing was really bizarre. I took out the original Stafford loan in 2002, under a 15 year "extended plan" (I had over 30,000 in student loans). That loan is actually split into 4 separate loans (2 subsidized and 2 unsubsidized). At some point, my loan was sold off to a company named Mohela. At that time, my payments were lowered, but the terms were extended another 5 years. All of this happened without me signing or agreeing to anything. When I compared the pay-off and the interest that would be accrued it was identical, so I just let it be.

[giraldi02 476]

 

Yah. The whole thing was really bizarre. I took out the original Stafford loan in 2002, under a 15 year "extended plan" (I had over 30,000 in student loans). That loan is actually split into 4 separate loans (2 subsidized and 2 unsubsidized). At some point, my loan was sold off to a company named Mohela. At that time, my payments were lowered, but the terms were extended another 5 years. All of this happened without me signing or agreeing to anything. When I compared the pay-off and the interest that would be accrued it was identical, so I just let it be.

 

In a small sense, having a prolonged pay off period (as long as the pay off itself remained identical) would be advantageous since the interest paid on student loans serves as a decent tax deduction.

 

The selling off of loans came close to screwing me. It went from the government...to a different company...and then to another one. They didn't pass through my auto-payment info and I almost missed a payment and lost my percentage savings for autopay...though it's only like .25% or whatever the hell it is.

 

I wish I had paid a bit more attention myself in the subsidized and unsubsidized loans and the difference in the APR. Of course, I'm paying for it and to it now

[mobb_deep 920]

 

In a small sense, having a prolonged pay off period (as long as the pay off itself remained identical) would be advantageous since the interest paid on student loans serves as a decent tax deduction.

 

The selling off of loans came close to screwing me. It went from the government...to a different company...and then to another one. They didn't pass through my auto-payment info and I almost missed a payment and lost my percentage savings for autopay...though it's only like .25% or whatever the hell it is.

 

I wish I had paid a bit more attention myself in the subsidized and unsubsidized loans and the difference in the APR. Of course, I'm paying for it and to it now

 

So is the fed going to pay off our loans or what?! I went ahead and set up an FSA ID at the US DOE site. Probably wasting my time, but if I can save a little $...

[giraldi02 476]

 

So is the fed going to pay off our loans or what?! I went ahead and set up an FSA ID at the US DOE site. Probably wasting my time, but if I can save a little $...

I highly doubt it. But I guess it's worth setting yourself up just in case.

 

I have a gut feeling a bailout of any variety for student loans is going to be met with resistance that ultimately delays implementation.

 

My student loans will be paid off at the end of 2019. I doubt anything will be done at the federal level in time to even warrant help for me.