Conversation

Notices

1. Embed this notice
   Dirty Tree (malarkey33@noagendasocial.com)'s status on Sunday, 07-May-2023 05:29:18 JST Dirty Tree

   Question for other financial conservatives:

   Would you support a government college assistance program if it was structured as a business plan?

   A) “citizen John has a 4.0 gpa and has been accepted into a local state school for electrical engineering and requests $47k. We project an electrical engineer will have a ROI in increased taxes of 25%yoy. Approved”

   B) “citizen shaniquanza has a 1.8gpa and wants $250k for a dancing degree. ROI expected to be -200%yoy. Reject”

   • Embed this notice
     Truthy Deadpool Favorite (martindelatoot@noagendasocial.com)'s status on Sunday, 07-May-2023 05:29:16 JST Truthy Deadpool Favorite

     in reply to

     @Malarkey33 let’s please be honest. Shaniquanza doesn’t have a 1.8 GPA.

   • Embed this notice
     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Sunday, 07-May-2023 05:29:16 JST ?? Humpleupagus ??

     in reply to

     • Truthy Deadpool Favorite
     She's also not going to get into the same college as the first guy.
     
     It's a lot more efficient to underwrite based on the university and not the person, especially when you're taking about 40,000 students who need a loan in the next two months.
     
     Thus, lenders will know it's less risky to lend to kids going to Harvard than kids going to Humboldt state.
     
     The problem here is that the government now occupies that entire market. It shouldn't. Simple as.
   • Embed this notice
     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Sunday, 07-May-2023 05:48:47 JST ?? Humpleupagus ??

     in reply to

     • Truthy Deadpool Favorite
     They don't have to. The government will pay their exorbitant tuition so lawahnda can go. Private lenders would have pulled the school aside and informed them that their money would go elsewhere if they didn't knock it off.
   • Embed this notice
     Dirty Tree (malarkey33@noagendasocial.com)'s status on Sunday, 07-May-2023 05:48:48 JST Dirty Tree

     in reply to

     • ?? Humpleupagus ??
     • Truthy Deadpool Favorite

     @Humpleupagus @MartinDeLaToot I would argue that was true in the past but no more. Harvard isn’t looking for the best and brightest anymore…

   • Embed this notice
     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Sunday, 07-May-2023 05:51:39 JST ?? Humpleupagus ??

     in reply to

     • Truthy Deadpool Favorite
     They took over the market to eliminate any risk based underwriting. That was the entire purpose.
   • Embed this notice
     Dirty Tree (malarkey33@noagendasocial.com)'s status on Sunday, 07-May-2023 05:51:40 JST Dirty Tree

     in reply to

     • ?? Humpleupagus ??
     • Truthy Deadpool Favorite

     @Humpleupagus @MartinDeLaToot I’m proposing if the government did that as well. Theoretically. I’m not convinced that could ever pass in our current socialist hell.