tag:blogger.com,1999:blog-3481083477379506990.post4047830267118306779..comments2023-10-30T05:28:11.795-04:00Comments on All Education Matters: Crucial Read: A Statement from the Occupy Student Debt CampaignCryn Johannsenhttp://www.blogger.com/profile/08452412213997621242noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3481083477379506990.post-75044496224242448902012-06-05T19:31:38.683-04:002012-06-05T19:31:38.683-04:00So, you prefer that your tax dollars go to pay for...So, you prefer that your tax dollars go to pay for wars and killing people?<br /><br />Your tax dollars also go to fund the lending industry and pay collectors hefty salaries to go after borrowers.<br /><br />I know economics, but thanks for the condescending remark about that. I urge you to read some Krugman and Keynes.<br /><br />And you are aware that the UC system here, and also CUNY, were free, right? There are other countries that fund higher education, and we used to be one of them.Cryn Johannsenhttps://www.blogger.com/profile/08452412213997621242noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-14159047184960572012-06-05T15:14:53.934-04:002012-06-05T15:14:53.934-04:00All education does matter. Let's start with a...All education does matter. Let's start with an education in economics.<br /><br />Nothing is free. <br /><br />Somebody has to pay for it.<br /><br />Taxpayers do not want to foot the bill for every kid's college education. In case you didn't notice, the nation is already bankrupt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-52201255380832654472012-06-01T10:44:26.847-04:002012-06-01T10:44:26.847-04:00Jurgis:
The answer to your question is no. Eatin...Jurgis:<br /><br />The answer to your question is no. Eating is more important than paying student loans. The tone of this Statement is that people should default even if they can still pay. Hence, "voluntarily default" not stop paying if you cannot pay as you suggested. There is a huge difference.<br /><br />Cryn: the tone of the comments may be judgmental (I don't read them that way but I guess you do) but I think this is ok because the topic is so serious and the idea proposed is very dangerous. One more thing: Collective action or not, people have read it closely. Collective default of one million DOES NOT EVEN GUARANTEE that it will work. One thing is for sure: one million people WILL put themselves and their families in financial peril. <br /><br />As far as not seeing defaulters as individuals, I am not sure of your point here....wouldn't a strategic defaulter become an unperson as well?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-401467802480803212012-05-31T23:01:02.279-04:002012-05-31T23:01:02.279-04:00If you are trapped in a neoliberal mindset, you sa...If you are trapped in a neoliberal mindset, you say things like, "nothing is free." In fact, higher education in a number of other countries IS free, and better yet, they PAY for people to be educated! Here, the UC system USED to be free, and so was - if memory serves me - CUNY. So, you're wrong. It is possible to make higher ed free. This is not some fanciful idea, and there are models we could follow. We need to stop the wars and reallocate those funds.Cryn Johannsenhttps://www.blogger.com/profile/08452412213997621242noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-11055315645415708012012-05-31T22:55:01.568-04:002012-05-31T22:55:01.568-04:00A lengthy response could be written as to why 3 of...A lengthy response could be written as to why 3 of the 4 principles won't work in reality, but to put it briefly - nothing is free. <br /><br />If the movement is asking taxpayers to pay for all public higher education tuition, give out 0% interest loans (BTW, it's not accurate to say that no one would profit - the borrower is much better off), and write-off $1 trillion in student loan debt, it's unlikely to garner widespread support.<br /><br />Bottom line - the movement is justified in pointing out the outrageous costs of higher education, but if they're asking other people to pay for practically all of their college expenses, this campaign won't be successful, to put it kindly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-63027524451946667002012-05-31T22:27:46.113-04:002012-05-31T22:27:46.113-04:00@Jurgis - good question. The tone of these remarks...@Jurgis - good question. The tone of these remarks, and they aren't just here, is judgmental. It is clear that those who are FORCED into default aren't thought about by such individuals. At least it seems that way. They also didn't read the statement that closely, because the concept is COLLECTIVE. Plus, this is not uncommon. This can be done, and it HAS been done.Cryn Johannsenhttps://www.blogger.com/profile/08452412213997621242noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-78298723322585157922012-05-31T22:26:53.010-04:002012-05-31T22:26:53.010-04:00This comment has been removed by the author.Cryn Johannsenhttps://www.blogger.com/profile/08452412213997621242noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-15502561763864366812012-05-31T22:23:28.150-04:002012-05-31T22:23:28.150-04:00So, if you lost your job, had to live on less than...So, if you lost your job, had to live on less than $200 a week of unemployment insurance, and had to choose between eating and paying your rent and making those loan payments, you'd starve to death to keep from defaulting?Jurgis Rudkusnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-1453856347167746062012-05-31T19:10:57.766-04:002012-05-31T19:10:57.766-04:00I don't know if I could ever think of any reas...I don't know if I could ever think of any reason why I would voluntarily default when it destroys your credit so much and your financial future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-48190391855804958612012-05-31T18:56:20.286-04:002012-05-31T18:56:20.286-04:00@Anonymous - I post everything on this blog unless...@Anonymous - I post everything on this blog unless I am being defamed by my enemies who are intent on spreading lies. You know who they are . . .Cryn Johannsenhttps://www.blogger.com/profile/08452412213997621242noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-37991285465172367922012-05-31T18:50:46.759-04:002012-05-31T18:50:46.759-04:00Cryn:
I know you have a tendency not to post comm...Cryn:<br /><br />I know you have a tendency not to post comments that are not in agreement with your views but I will comment anyway. Hopefully you have changed that vice. I will attempt to give my thoughts on this subject because it is so personal to me. <br /><br />My first thought: Is this some sort of a joke? Why would I voluntarily default on my loans when the end result is so dire?<br /><br />Why would you promote this idea when it was promoted months ago and less than 4K out of 1 million signed? Various economists, student loan advocates, and speakers who all sympathize with student loan debtors agreed this was a bad idea.<br /><br />Why would you actively support this idea when you personally have heard stories of the end result from so many borrowers who have defaulted?<br /><br />Why would anyone default on a loan and put the financial health of their family (spouse and/or children) in jeopardy?<br /><br />Why would I default on a loan when I have already paid tens of thousands of dollars on it...only to watch everything I paid eaten up in fees?<br /><br />Is this an attempt to make a name for yourself?Anonymousnoreply@blogger.com