$30,000 Millionaire said:

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I don't see how student loan debt can be forgiven. It's $2T - and what about the responsible people that paid for their student loans?

I am supportive of college being 'free'. I think an educated workforce is the most valuable thing America can have to remain competitive with China. Obviously there should be stipulations like you pay if you don't finish, have to go to a state school, and so on. Much better than a UBI.

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Agreed. But in their last proposal they just said anyone with outstanding loans gets $xx,xxx forgiven. Re-financed to private loans? Tough ***** Were responsible and made sacrifices to pay your own? Tough *****

Free education just further separates the haves from the have nots. Look no further than anywhere it's been tried or the differences between the majority of private and public high schools. There are some exceptions but as a general rule, they're very different in terms of education quality.

My roommate in business school was from Uruguay and they have "free college" down there. He still ended up paying to go to one of the good ones. But student loans aren't available. So only the haves can pay to go to those top tier schools now. He was very vehemently against that model. At least now you take on some personal risk to get that education and at least in theory have some skin in the game.

But I wouldn't put some kind of bulk forgiveness past them.

Bob Knights Liver said:

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If they can declare a state of emergency on something, they'll just do it through executive order. No need to waste time with Congress on this.

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this is all our government does anymore, on both sides

Yep, and it needs to end for both sides. IIRC, Clarence Thomas or another SCOTUS judge has alluded to the fact that he's looking forward to hearing a case regarding executive order overreach and put a stake in them once and for all.

The same needs to happen for governors as well. It's no secret I'm conservative, but I lit Abbott up in daily emails calling him out for his overreach and shutting down businesses by decree. Even though, my businesses were deemed "essential" and I benefitted from it, I unleashed on Abbott because my neighbors were suffering and losing their businesses. **** EO's at any level, IDGAF what reasoning they use to justify it.

Re: Free college -

If you make college free, and more people attend, there will need to be a re-establishing of the minimum standards for professional careers. The only way to do that is make graduate degrees required. Then, people are starting their working careers even later in their 20s.

College is as much a weeding out of the unprepared and unserious workforce as it is a place of learning. Want to be cut out for the grind of career development? Go spend your first four years away from your parents partying your balls off but still being disciplined enough to get semi decent grades and graduate. That's what college is, a perseverance and priority test.

Make college free and you take away part of the perseverance and priority test.

Making college free is a bad idea for the future of America.

My wife expressed disbelief to me a minute ago that I wasn't tracking some US political issue. I told her "oh yeah, I bet you don't know what Tesla closed at today".

Requirements to work on campus, maintain certain GPA and required to finish or pay penalty…..things like that and I can get behind free/reduced college price.

Also, let's not forget about trade schools which are lower cost and can provide a solid living for many.

2 shooting stars is typically bullish continuation pattern. But only like 60%.

lobwedgephil said:

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What is HKD's ATR?

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Infinity? I've never seen anything like this.

planoaggie123 said:

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Requirements to work on campus, maintain certain GPA and required to finish or pay penalty…..things like that and I can get behind free/reduced college price.

Also, let's not forget about trade schools which are lower cost and can provide a solid living for many.

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I was just thinking this. They can provide a GREAT living for many, depending on the field they go into. I have a guy that does cad work for me on the side. He started out after high school driving 18 wheelers, got burned out, went to trade school for cad, now works for a big engineering firm and does pretty well. His work for me is just for vacation and fun money.

and he's one of the hardest working, best attention to detail guys I've ever had. (and I've had quite a few interns from A&M) - most of the ones I got were really lacking on attention to detail and literally just following instructions (save for 1 from East Texas). My current part timer is also from East Texas. Must be something about those hard working country boys!

sorry for the novel! Let's make some money!

$30,000 Millionaire said:

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Should I do it?

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Username checks out
Also doin the Lord's work. Sabbatical 30k is the best 30k!

$CWH knocked it out of the park and is rocking to the tune of a dark green 18% right now
Gapped up and pushed over the 200 EMA as of right now