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I get a kick out of a farmer saying “pay your loan” when the farm subsidies act has been handing out money for decades.
Good point!
@John Eustrom People with college degrees also fill an important roles in society.
It’s called total lack of self-awareness and I’m here to tell you 1st-hand that it is rampant in rural red states.
Yup
@Stephen Delwiche why is it California farmers receive a fraction of the aid, but produce more than any other two states combined. Because free market forces work price will find the equilibrium between demand and supply. If they don’t like the risk, quit. My food doesn’t come from there in any real degree (ingredients) my veggies, grain, and meat never cross the Rockies. I guess you’ve grown to believe in collectivism and command economy you will continue to justify it.
Covering someone else’s risk for not cost to them creates moral hazards.
The bigger question is what risk are we trying to prevent with paying farmers to NOT work? They may over supply the market and prices fall? If they lose enough money selling for less, then they go out of business and then prices will find their own equilibrium. Instead we require hardworking tax paying college graduates to pay for farmers to not work because of the risk of working will produce more food than we need.
Let’s say that my food costs go up 50%. It will still be less than the amount of my tax dollars that pays people to not feed me.
To be clear it would be fruitless to rely on farmers who don’t produce food to feed me.
When it benefits someone else, it’s bad. But when it benefits them, they’re all for it. 🤷🏽♂️
@Reuben Herrera In any case. Hope you win. If you can call it that.
@J J A high school education SHOULD be a sufficient amount of education to enter the work force, and it USED to be. Why has higher education become a job training ground? This was never the purpose of academia. A majority of the kids we give loans to do not belong there. They do not appreciate it for what it is, and all the administrative bloat everyone likes to talk about can be pinned on the sheer amount of students there are to manage in the first place. Somewhere along the way, it became the accepted idea that every single kid needs to go to college. This should not be so. Instead, re work the failure of a public education system we have. Get rid of teachers unions and tenure, bad teachers should be held to account. The entire loan system is another government band aid for them breaking the system in the first place. Frankly, I wouldn’t trust anyone with left wing policy views to explain anything about the economy to me. The results have spoken for themselves. Then the matter of colleges and universities becoming a breeding ground for indoctrination is another matter to deal with.
@Mister Guy Farmers provide the food that’s on your table. What do college kids get you? Working at Starbucks? Rioting in the street?
@Cash Money Give it a rest. Your left wing hypocrisy has been well documented. Time to move on.
@Chris Willis The demand for education is the problem then. These college programs can easily be taught to high school students while cutting the crap that they’ll never actually use.
The “farm loan” guy must have never taken farm subsidies. Right?
Ha ha. Sure.
Yeah, he’s *very* careful to specifically say “loan”. Farmers like him guzzling from the governmental teat for decades is a _totally_ different thing for him.
Niki love love miss you love love 🥺😖😄
The lazy corporate reporter didn’t ask him that question.
And what about the debt owed to the planet.
“You can pay and pay, and never touch the principal”. That’s the problem, predatory loan financing. This has to be better explained to the general public.
@James Guy Photography hahaha 🤣 good one!
So many things need to be explained to the general public. Predatory loans are different . College loans used to be very low interest and college used to be cheaper.
@Pamela Molina That means that you chose to have kids, as opposed to paying your student loan off. If the interest was 10% for 40 years, it would be 2k per year, 80k total. If you paid less than that it would be added to the principle each time you underpaid, and the principle would grow.
The GI bill paid for my college and my kids and I were able to pay for college with no debt, and I fully support student debt relief to help others. I don’t remember the GOPers complaining about a $1.6B tax break for the rich.
I am old and never went to college, I hope these people get some help to get out of debt. I am sure many wishes it was help for their debt but any help with debt at this time is help for someone and I am glad to see it. Stop listening to trump and his people they do not care about you or anyone but themselves. Vote Blue. to get rid of the hate and fascism!
I paid my student loan debt a long time ago but I had help from my parents. College is ridiculous for some people. I can say with 100% confidence that my college education taught me nothing that I could apply to my career. I am a payroll manager. I am not opposed to student debt forgiveness. If the government can send billions overseas we can certainly help our own.
College is not just some trade school. If you’re a payroll manager and you don’t like it, look to yourself first. Not to the education you chose. Btw, the world needs payroll managers, so thank you.
Imagine if funds for the military (which has never been profitable) were loans.
When he said “both sides are fighting for voters very hard”, I know he’s lying. What other side is even there?
People who are willing to help other people out, when there’s nothing in it for them. Those are the true patriots!
If they start a pay-student-debt site, and you want to donate to raise funds for the students, good for you. Please do not think that just because I do not want to be forced to pay someone else’s debt, I would not support it on a voluntary basis. The national debt is 30,000,000,000,000.00, 90k per head right now. The interest per year is 1200 per head on that amount. Time for both sides to stop adding to that mess.
How about be responsible, pay ur debt. I have a budget also thier bills shouldn’t be my problem! Greedy selfish people!
When the government demands the rich politicians repay the millions of dollars they took in PPP loan money – then we can talk about eliminating student loan forgiveness.
People don’t realize about the PPP loans! All forgiven for the rich
I admire those who were able to work their way through college. I only managed an associate degree because the work study challenge was too hard for me without debt. Debt is a form of slavery. I was raised in poverty and needed to work to escape it. At 77, I’m debt free but I live very frugally. I am for government supported education. It is the foundation for a just and sustainable society.
I paid all of my college expenses, so did my wife, and both children. I am in favor of student loan forgiveness. The system is broken and good for the people this will help. A real boost to our economy. Well done, Democrats! Keep it up!
“I suffered, so it’s unfair that others don’t have to suffer, as well” is one of the strangest arguments to me, and it seems to be one of the most common among naysayers with student debt.
Also, she brings up a good point on the cost of education being nowhere near what it used to be, much the same as trying to buy a house. A starter home in my area is, minimum, $150,000 dollars.
How is one to pay that with student debt, and potentially medical bills and children?
Nice! In my area you’re not getting into anything for less than $500,000.
@Darrin Fry Yeah, where I am definitely falls into the lower-middle class/ upper-lower class bracket which, again, only reinforces how unaffordable buying a house is in the current economy.
I had to pay my student loans off and it sucked. I would love to see the next generation not have to go through that
1 Jamie miller Fuk what you saying it here 😠 https://www.youtube.com/watch?v=_jjyWP6ii-s
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
When I went to college in the 1960’s it cost me $150 per semester (no semester hour) not including room & board which cost about $100/month so I did not have to take out student loans. I went to a state university and at the reason tuition was so low was that state universities were highly subsidized by the state and when the Republicans started trimming the state budget in the 1970’s the first thing they hit was higher education and the cost of college increased exponentially. So when people my age criticize student loan forgiveness they should remember the reason they did not have huge student loans to pay: they were subsidized by the government. For them to criticize today’s young people is very hypocritical.
Wow..good to know..that’s why they r complaining cuz it’s not about them, childless couples etc
I wonder how those farmers who feel like student loans “must” be repaid….get government subsidies.
The government has been pushing regulations on farmers for years, study up on the history and the commodities market than you will have a much better understanding of farming
@Kat Adam look how much money the farmers gets from the government to grow or to not grow.
@Kat Adam I live in Iowa. And certain regs are 100% NECCESSARY.
@John G. Jones Research Lodge #147 It’s economics.
@John G. Jones Research Lodge #147 The fossil fuel industry enjoys BILLIONS in subsidies, and look how they gouged prices after the pandemic.
As a disabled vet who “earned my education” at the cost of my mental health, I’m greatful to see that people may not need to make the same sacrifice I did, going forward
@Toney Lowery All of us should be outraged over the veterans that paid with their life to earn an education, as well as the damage being done to the GI bill. This video showed people who did not read the terms of their loans and were not able to do the math on expected salary*cost of education*likelihood of getting a job. Then it showed their parents who support their kid’s getting money from others.
Trauma is no joke.
America needs to learn from the recovery process from the great depression. Thanks for your comment.
What a compassionate thing to say
The problem is fundamentally that tuition was allowed to rise to insane levels.
1 Heronimous Brapson Fuk what you saying it here 😠 https://www.youtube.com/watch?v=_jjyWP6ii-s
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
When I graduated Clemson University in 1993, I had covered almost all my expenses for four and a half years with $12,000 in loans. Now, that same value wouldn’t even cover a single semester. Costs for higher education has for years been growing faster than our current inflation – why has this never been an issue?
Jared Kushner, a mediocre high school student, was accepted at Harvard once his father pledged a donation of $2.5 million. Universities are all about money; the quality of education is far from being the top priority.
I love farmers, but when they say they are against “give-a-ways” I would like to point out that farming is heavily subsidized (aka give-a-ways) by the federal government. No tax on fuel, subsidized crop failure insurance, low interest loans or even some loan forgiveness, it’s just, come on. Cant you see it’s the same???