Search

Notices
Hangar Talk For non-aviation-related discussion and aviation threads that don't belong elsewhere
View Poll Results: What debt do you have in student loans?
$1 - $50,000
24
39.34%
$50,000 - $75,000
3
4.92%
$75,000 - $100,000
9
14.75%
$100,000 - $125,000
1
1.64%
$125,000 - $150,000
2
3.28%
$150,000 - +
1
1.64%
No Loans
21
34.43%
Voters: 61. You may not vote on this poll

Student Loans

Thread Tools
 
Search this Thread
 
Old 10-19-2011, 07:23 PM
  #11  
Gets Weekends Off
Thread Starter
 
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Default

Thanks to whoever fixed the poll!
proletariatav8r is offline  
Old 10-19-2011, 11:42 PM
  #12  
Gets Weekends Off
 
Joined APC: Jul 2008
Position: G550 & CL300 PIC
Posts: 370
Default

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.
FlyingNasaForm is offline  
Old 10-20-2011, 09:41 AM
  #13  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

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.
FDXLAG is offline  
Old 10-20-2011, 03:22 PM
  #14  
Gets Weekends Off
 
atpwannabe's Avatar
 
Joined APC: Jan 2006
Position: Student Pilot
Posts: 2,277
Default

Originally Posted by FDXLAG
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.
Academic welfare runs rampant in this country!



atp
atpwannabe is offline  
Old 10-20-2011, 06:26 PM
  #15  
Gets Weekends Off
Thread Starter
 
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Default

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?
proletariatav8r is offline  
Old 10-20-2011, 06:38 PM
  #16  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

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.
FDXLAG is offline  
Old 10-20-2011, 06:46 PM
  #17  
Gets Weekends Off
 
pokey9554's Avatar
 
Joined APC: Feb 2008
Position: Cessna 150
Posts: 655
Default

Originally Posted by proletariatav8r
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.
pokey9554 is offline  
Old 10-20-2011, 07:13 PM
  #18  
Gets Weekends Off
Thread Starter
 
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Default

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.
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.
proletariatav8r is offline  
Old 10-20-2011, 10:06 PM
  #19  
Banned
 
Joined APC: Feb 2007
Posts: 461
Default

ATP, A+P, 4 year degree, and more.

$0 in loans.

Paid my own rent.

Vehicle paid for.
CrimsonEclipse is offline  
Old 10-20-2011, 10:45 PM
  #20  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

Originally Posted by proletariatav8r
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.
Care to splain why Texas or Utah do not have the problems you associate with Nevada? They spend even less on education than Nevada and do alright. Can you really claim, with a straight face, that an ignorant workforce is one of Nevada's problems? Can't you really think of any reason that Nevada might be struggling? When your entire economy is based on tourism and the worlds economy has been in the tank since 2008 what does per student spending have to do with anything?
FDXLAG is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
nicholasblonde
Hangar Talk
40
04-24-2010 09:44 AM
seafeye
Money Talk
8
12-15-2009 03:17 PM
G1000
Flight Schools and Training
4
03-15-2009 06:20 AM
kdoner
Regional
47
04-29-2007 08:33 PM
FNG1
Military
33
03-22-2007 03:44 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices