Having never gone to college, I FULLY support my tax dollars going to pay for colleges.
Tax money is to benefit society.
How have m youade it far enough in life to be voicing your opinions on the fediverse, yet haven’t figured out that a well-educated society is good for EVERYONE in that society…
College graduates already earn several hundreds of thousands of dollars more than everyone else over their lives on average, why is it more of a benefit to society to forgive their debt than it is to forgive the debt of a struggling family whose parents never went to college? The median college debt is about $25,000. Just about everyone who’s never gone to college can make more use of a free $25k than someone who’s already poised to outearn them by $600-900k.
The actual college debt per person is much closer to $40,000 right now ($1.6 trillion split between 43 million borrowers), and the income difference between a high school diploma and an associate’s degree is like $150 a week lifetime income on average.
Also remember that that is a lifetime income difference, so that $150 a week average may not actually be realized until the borrower is in their late 50s or early 60s.
Once again, applying the median, bachelors degrees can add another $500 to that, but once again, that is lifetime income that may not be realized until towards the end of their working career and we’re applying the median, and the thing about the median is, is the median lies to you.
The median makes things look like they’re better than the whole. The median allows one billionaire to counterbalance the poverty income of 10,000 poor and homeless people. The median allows the six-figure job you got in your sixties managing other people to counterbalance the four-figure jobs you worked from the ages of 16-30.
The median paints a rosy picture because it throws everything into one giant blender.
Also, this does not include the number of people that attended college, accrued student loans, and then did not complete college, and so they have no advanced degree to get them a higher income job, but they have bills associated with such a degree, and yeah, those people tend to only make like an extra fifty or sixty dollars a week over their high school graduate-only counterparts lifetime income.
I said all of that to say, using the median to justify your emotional condoning of bad practices is in and of itself a bad practice.
If instead you were to say, “Yes, I want good things to happen to other people, America make it happen,” and another million or two people joined in with you, then collectively, we can do something about it that works for both the people who worked hard and paid things off for themselves, like myself, and for the people in the future to prevent them from ending up in such a terrible situation.
What a dumb way to view things.
Having never gone to college, I FULLY support my tax dollars going to pay for colleges.
Tax money is to benefit society.
How have m youade it far enough in life to be voicing your opinions on the fediverse, yet haven’t figured out that a well-educated society is good for EVERYONE in that society…
College graduates already earn several hundreds of thousands of dollars more than everyone else over their lives on average, why is it more of a benefit to society to forgive their debt than it is to forgive the debt of a struggling family whose parents never went to college? The median college debt is about $25,000. Just about everyone who’s never gone to college can make more use of a free $25k than someone who’s already poised to outearn them by $600-900k.
The actual college debt per person is much closer to $40,000 right now ($1.6 trillion split between 43 million borrowers), and the income difference between a high school diploma and an associate’s degree is like $150 a week lifetime income on average.
Also remember that that is a lifetime income difference, so that $150 a week average may not actually be realized until the borrower is in their late 50s or early 60s.
Once again, applying the median, bachelors degrees can add another $500 to that, but once again, that is lifetime income that may not be realized until towards the end of their working career and we’re applying the median, and the thing about the median is, is the median lies to you.
The median makes things look like they’re better than the whole. The median allows one billionaire to counterbalance the poverty income of 10,000 poor and homeless people. The median allows the six-figure job you got in your sixties managing other people to counterbalance the four-figure jobs you worked from the ages of 16-30.
The median paints a rosy picture because it throws everything into one giant blender.
Also, this does not include the number of people that attended college, accrued student loans, and then did not complete college, and so they have no advanced degree to get them a higher income job, but they have bills associated with such a degree, and yeah, those people tend to only make like an extra fifty or sixty dollars a week over their high school graduate-only counterparts lifetime income.
I said all of that to say, using the median to justify your emotional condoning of bad practices is in and of itself a bad practice.
If instead you were to say, “Yes, I want good things to happen to other people, America make it happen,” and another million or two people joined in with you, then collectively, we can do something about it that works for both the people who worked hard and paid things off for themselves, like myself, and for the people in the future to prevent them from ending up in such a terrible situation.
Many raindrops make a storm.