Head of of federal student aid office resigns amid pressure from progressive groups 

I hope you didn’t purchase it.

When I went to college in the late 70's & early 80's minimum wage was in the $2.30 to $3 range my text books were $15 to $45. If minimum wage hasn't risen much relative to that why should students pay $300 to $600 for a book that is frequently underutilized and can't be sold, because the professor will order an new addition. Textbook companies are similar to pharmacist on pricing.

@@sdgidney4139 - Yes, the federal minimum wage increased from $2.30 to $3.35 per hour on January 1, 1981, and has increased fairly slowly since then ($7.25). Fortunately, some states + D.C. have their own minimum wage. Where I live (D.C.) it is $15.00 an hour. Textbook prices are ridiculously high. I wouldn’t buy one today. Maybe people should group together, purchase one textbook, rip off the binder, find a free copier on campus and photocopy it and distribute for a small fee. Copyright violation be damned.

🤣😂😂

They make it difficult to buy used textbooks as they change textbooks sometimes each semester and require students to buy these texts and teachers often don’t even use the texts. No one should accept students loans they can’t pay off in 5 years after graduating. Even it takes longer to get that degree by working and attending part time and taking online classes that makes more sense unless you just want the full time college experience and are willing to pay for that experience well into middle age. Parents need to prepare their kids for realistic consequences of borrowing massive amounts for college. Many never graduate but debt still has to be paid. College is not for everyone. There are excellent technical colleges which suit many more than a liberal arts degree.

@RU-vid Censors Shut up troll

@RU-vid Censors by that logic, anyone that applied for mortgage forbearance would also have that on their credit score and nevermind that they applied for it because of COVID, right?

@RU-vid Censors lol. Projection much? You know I only asked you a question right? Do YOU get triggered by questions?

@@VAOdin I think you and RU-vid censors will be great friends

@@NovaSniper12 lol. Reminds me of that Spiderman meme.

Correct, a lot of money goes to useless items such as sports and non educational staff

@@AmaniLindsey because those amenities entice the young kids. Young kids only care about having fun. They lure them in so they can loan the kids money. It’s a feeding frenzy because the government will pay colleges in full even if the students dropped off or can’t pay back the loan. That’s why the tuition keeps going up. If I had a restaurant. I would raise the price of my hamburger to $100 too if the government guarantee me that they will pay for everybody’s bill.

Yes. All you have to look is the endowments. It’s a billion $ business.

And student loans need to be reeled in. There is no incentive to keep college costs down when you have these guaranteed loans.

@@jbpsap898 Sports teams get bankrolled by Booster, look up UWW.

For real, Barnes and Nobles is a rip off. I’d rather order books from Amazon or Chegg.

I’m a graduating senior this May and I’ve only ever bought 3 books my whole college experience. I don’t understand why people keep buying the books when they know the teachers won’t use them. I never buy the books. (Depends on Major of course)

I bought a $80 book not once did I even use it or open it but at least it there

Just rent the text book

I bought an $80 math code that's good for 5 months. 🤷

Exactly. The government is trying to make money off the citizens. This method will always abuse us.

Thank you! I agree!

@@TahtahmesDiary In this case, more likely the banks!

Yes, 0%. Time to invest in our future.

Absolutely no interest at all

Yep,all about skills and Ai.

@@Sweetlady1916 absolutely!!

They have been saying that for years. I wish they would just do it. Job specific. Not all the other subjects you will never use.

@@Tania-rg7jp I'm speaking to tech and general business roles. Again, I work in big tech and the plans they have are going to change the value of the college degree in it's space!

@@crystalj3617 I think one attribute of college that is hard to replace is the adversity your gain by tackling a wide array of subjects, including ones that you are not comfortable with. There's also an interconnections of skills gained from non major subjects that are important in any career. Communication including grammar, articulation and being able to effective communicate and argue your point of view, as well as critical thinking skills, math, and so much more. Yes, they seem useless, but they build a well rounded person who can adapt quicker to new situations, and analyze problems better.

I make the big bucks thanks to student loans. Thank you government!

In a way it's a scam, it doesn't garuantee you a great life at all, just debt, BUT we've found other ways to make college beneficial, and they work, it's that simple, college is useful for many things. *The primary reason college helps people, let's just say girls who want a fairy tale life that haven't gotten it by highschool graduation, is that girls find guys there as it's a close proximity, no parent zone, that allows them no matter how cowardly they are, and when it comes to meeting guys, females are cowards, yet they look at guys who struggle in a negative way, smfh... Anyway I've met many girls who HOPE THAT GUY IN THEIR CLASS WILL TALK TO THEM, and that's their plan, either this guy that just so happens to be in my class talks to me, or I'll struggle after to be randomly approached and be sad and depressed, because I turned down every guy that approached me, except for that guy.* I see college as a positive now, I used to think, and kinda do thinks it's the biggest scam, for the avg guy that doesn't know how to use campuses. Also, in regards nto meeting people, it's the last safe place to meet the opposite sex before entering the real world. You either luck up in highschool or college, because at that age it's all circumstancial, as you do not have a grasp on dating at all.

@@ILoveYou-sg5bi I think if you went to college you would understand the mistake in making such sweeping generalizations about women. Some women go to college because they are brilliant. Some men go to college to party at a frat. Our current college system is a scam, but not for the reason your mentioned.

@@zacky7572 your comprehension is low

Wow way to give women a good name. I went to school for engineering and not only did it pay off job wise but I also met my future spouse there. I graduated before him, got the job before him, and set us both up for a pretty great life. Your narrative is false

Should only have to pay back when earning over certain level and time limit on the loan if person takes long time to reach income level.

Exactly, the interest rate I am paying is around 6%. Since I took out my student loans they have earned over $60,000 in interest. Forget bailing out student loans just cancel the interest!

Part of the problem. Tuition cost is 1st

Bingo!💪

Take the banks out of education.

That's called Trade School lol but I agree with you. You shouldn't HAVE to pick elective stuff

@Dee A. True. I'm just bothered I had to take out loans for general education classes I didn't care about. Very expensive general education credits I might add lol All the mid to late classes at least were in my field

@@JuiceManJ91 you did not have to, community colleges are very reasonably priced

@@michaelroberts4377 they make you pick dumb stuff in C.C too

@@LaDeeDah but it saves a lot of money. You do not need student loans.

They don't want you to pay the interest. That way they can wrap it up into your principal

Yup the key i heard was to pay the intrest because if you just pay your monthly statement its not going to the loan its going to the intrest ....idk its what i was advised by a financial adviser so once you pay off the intrest then pay off the debt

Well.. make more. $500/mo isnt hard to do

@@thedude5040 500 on top of the 915 thats 1415 a month is that doable for you?

@@edchaos2679 mine is 500, but yes I could do 1400 if I stopped putting $1000/mo into a roth 401k

Interest rates is how they make money

Speak for self not all please

How about know interest

What the industry is 3% maybe 3.5. I know this because I'm still paying my loans. I'm 42 years old I graduated in 2003. Loans are on hold for a while cuz I need to take care of something but other than that that's a pretty low interest rate

Why do student loans have any interest? This is supposed to be educating the future. Getting adults into professional jobs in society. The lenders (esp. if govt) shouldn't be profiting off young people trying to better themselves. If any it should be max 1% interest. Instead graduate with a mortgage sized debt but with higher interest. Credit checks for a direct PLUS loan (9% interest) that can't be discharged in bankruptcy. Why is the Dept of Education using predatory lending tactics?

Amen! Cancel all student debt!

Yes

Facts! I always say the same thing. The best university is the public library.

@@cb.1212 Its not free for low income. Most people still have to get loans even coming from a low income family.

At least make them dischargeable in bankruptcy.

@@burger_kinghorn I don’t think they would ever do tht but it would be nice

@@jennifercleland4852 they were before the 1976 Higher Education Act

@@burger_kinghorn I did not know tht

I can tell that one class you didn't take was English Grammar.

@@kevinskiles2033 😂

exactly!

Being literate - or at least being perceived as being literate - can have a lot to do with a career (ever write a resumè or a business letter?). That being said, there should be a lot more credit given to relevant life experience. And, based on recent events, I suggest that a class on civics and government would be useful for everyone of voting age.

@@doloresreynolds8145 Had that in High School. I would not need it twice. Also I do not think anyone else does either.

Interesting... I've had to send my degree to several prospective employers in the past

Yeah it’s 2021 they just call the bursars office of your school to verify..

This needs to become the trend from employers. When employers start doing this, universities will become a thing of the past! Most of the time those classes don't teach anything worthwhile, anyway. I wish all colleges would become trade/apprenticeship programs, instead. At least they would teach usable skills in the workforce!

does the degree gets the to the interview ? Maybe they pre screen whatever education u put in the resume?

When I'm 67 I'll finish paying off my student loans. I will have spent my entire professional life teaching in poor Title I high schools as a math teacher. I was the first person in my extended family to go to college and graduate. During the pandemic I was under the impression that my student loan interest was frozen, but because it is a ffelp loan (?) that means that $2000 in interest that I thought was NOT accruing on my federal student loans actually was. I've already paid about 200% of my loans.

@@LadyLithias I’m afraid to look. I’ve paid well over my total loan in interest. During the last year while interest has been suspended I’ve finally been able to knock off some principle (almost 17k). I retire as soon as I get the remaining $49,300 is paid off. My goal is to knock it down to $30k by end of this year. The loan services have deliberately made it difficult. I’ve worked for the federal govt for just shy of 20 years, but somehow I never qualify for forgiveness. At this point I’m gritting my teeth while the interest is suspended and doing my best. I may pay of the last $15k from my 401k/TSP savings.

@@priola7587 Yes, it's reprehensible. I'm always infuriated when I know that there are folks for whom my student loan debt would be a minor shrug, the result of taking an hour break from their job. But for me it's indentured servitude. I'm just so tired and every time I look at the loans, it's depressing. When my loans were five years old, they were too old for the loan forgiveness being handed out to STEM teachers doing exactly what I was doing and in the schools where I was doing it.

@@LadyLithias A thumbs up doesn’t seem like an appropriate response to your situation. My heart really goes out to you. I’m praying that Congress will act with real forgiveness, not some sham revisions to programs that were phoney from the git go. Even the $10k Biden talks about will help everyone, but I hope it’s more. The servicing companies have a huge lobbying arm, which is bad. But there are many allies. It’s repressing the forward movement of young Americans, and elderly like us. Most people have no idea. I will think of you during my prayers. (I even have my mom praying to St. Jude the patron saint of hopeless causes.). We need to find a way to organize.

@@priola7587 My heart is deeply warmed by your words. Thank you. It's been a tough week for me, and this is what I needed to hear just now.

Mine, too, and counting...$$$

Im thankful im not nearly that much in debt but i still dont have my degree so either way it blows smh

My $50k in undergrad was well worth it. Paid off half of it within 2.5 years of graduating

A co-worker graduated from a private college with with BSN and a quarter a million student loan debt. I’m still scratching my head.

I went to community college, transferred to state university, and $80k in debt.

Damn

Whoa

Wow smh see and thats why i didnt want to go thank goodness i only got 5500 to pay back. When i seen it wasnt about me succeeding and just about the school getting funds for a body i left after my 2nd semester

I owe almost $100,000 because of interest. I literally don’t know how I will ever pay it. I’m now 45 years old and I’ve had to keep it in deferment. 🤷🏽‍♀️ The problem when I went to school you had to use the loan not just for tuition but for housing expenses too.

@@TessianLeakDesigns now that is tough so sorry you got to go through that

So glad I went to college in the UK. Only studied classes related to my field of study.

Play smart not hard pay someone 20$ to write the paper for you and pass.

That's why I would never send my son to a 4 year. It's a scam and a rip off. You can literally learn a trade for way cheaper and in a short amount of time and make bank. Collage isn't what it once was.

@@melaniesipe60 That’s not true! People get BS 💩 degrees in majors that don’t mean anything like theater and liberal arts smh!!! Go for something medical, technology, mathematics, or science!!! All these fashion degrees are just dumb!

@@DemureDarlings All those degrees make up your entertainment. Anyone should be able to pursue a degree that they enjoy

are you thinking of communism?

@@melaniesipe60 you shouldn’t force your son to trade if he doesn’t want to. Money doesn’t mean success in life. Give him an opportunity to explore what he wants for a career instead of having a mindset of a greedy person.

@Freddie Hinote exactly.

Right because it was.

Very well said. Many good points!

Let me guess... you haven't paid off your student debt yet. What about all the people who went to college and DID pay off their loans? When do you think people should learn the importance of paying back the money they borrowed, and pledged to pay back? Financial aid tends to benefit poor students... like I was. Debt forgiveness will benefit more affluent kids, whose parents made too much for them to get financial aid. The Dems just keep promising more and more free sh*t, and people will mass mail-in their ballots to elect them. There are no guarantees in life. It's not the government or the taxpayers that are responsible for guaranteeing anyone's success. For that you need to put in the work... sorry.

Build up you credit score, take credit cards, and increase your credit line for 3-4 years, pay the tuition with your credit cards, and if you can't pay back , go for chapter 7 bankruptcy .....Your welcome..!!

I’m sure you are everything but sorry. And you guessed wrong. I have an almost perfect credit score (though perfect payment history) but I do not use my personal experience to judge everyone else’s. I’m not sure how old you are but any adult should know that we all have different realities, even within the same social-economic status. I was broke myself, and so was my family (most of them still are) when I first applied. But me coming back and saying that I’m better, bc I put the effort, would be the most selfish and degrading thing I would do. We only live so long and I will not spend it defending the ones that contribute to make college and other basics expensive in the first place. Now, debt forgiveness not only is humane but necessary in an economy like ours, or else, how do you explain bankruptcy? -yes, I understand how bankruptcy works, just try to understand the simile from my pov. And, to be honest with you, even though I would expect and will police for lawmakers to benefit only the non-rich, I would still be on the side of getting it approved regardless, just so my disadvantaged people can increase their chance to go get higher education. Because the rich will go to college regardless they pay or not. But with the protection from people like you -that love to be the soil under their shoe sole- they will only be more benefited as far as competitiveness. It has to change, yes or yes. It really catches my eye when you say that the Dems are promising “more free sh*t”, to what I invite you to ask yourself if you know how many tax breaks the rich get (and other free sh*t). And, most importantly, because of the rashness of the phrase, are you sure that what really bothers you is You not being able to prove to your masters that you earned it to be like them? Review your priorities and your critical skills, which should be the best acquired at college. Going to college is also a privilege in the sense of getting access to knowledge only a few can handle (for whatever valid reasons), but it’s mostly a privilege because it should be paid back to society for its growth. You trying to block that growth only isolate your from a society that some way or another -including the ability to get a loan- granted you the opportunity you are so proud of. It’s not about being partisan, this it is a matter of fellowship with college students that will have their chance to work in a different level for this country. Be on the right side of history.

@@SWog617 that’s like saying we give people the smallpox vaccine because people isn’t the past have died and suffered from it. If we had a cure for cancer should we not give it to people because of people from the past? This is literally hurting our economy. I’m applying to college and the cheapest it been is 8 thousand a year and that’s staying home and not on campus that’s still a lot. You’ll never understand because guess what you got financial aid.

Don't take loans, I didn't and I'm still able to pay and go to college. Also, if you can't pay for college, get a job and save some money on the side then actually go.

No such thing as a free lunch.

True, but you need another year of English🤷🏽‍♂️

@@ralphleo4778 You could do some proof reading yourself.

@@dw3403 lol

So he needs to take no personal responsibility??

@@josephroberts8344 What???

@@tyardovdabulldht2340 everyone in comments blaming Betsy devos

@@josephroberts8344 You totally MISSED the significance of my statement!

@@tyardovdabulldht2340 No need to mention Betsy Devos, this video is about someone else. For some reason no one wants to name the man who is implicated in the video.

I learned more at my community college than I did at a private Christian university 🤷🏽‍♀️

😔

They don't care

#socialworkersunite.. Big FACTS

Facts

Do both!

But then nobody's making money. "Forgive" the debt and everyone makes out... except for the American taxpayers.

Why is it fair to reduce tuition but not do anything to help the people who are still paying the ridiculous tuition they had put on them.. If you reduce tuition you should reduce debt by the same amount over the debt holders year of education

How was he corrupt? They didn’t explain anything he did wrong.

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5JXMPDQfJmMr.html

Exactly

That is very true!!!! People are forced to take a certain amount of units.

That too. I remember having to take a philosophy course!!! Nothing to do with my major!!!!

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5JXMPDQfJmMr.html

Mine went directly to the school. I never saw it. Just got a receipt of payment in the mail.

I had to join the work-study program on top of taking loans to afford food while attending college.

Your question would be more relevant if tuition was the only cost related to college.

@@themojoverse ok tuition and books. Rent, food, car payments, phone bills, etc. are not college related expenses.

Basically she is saying students should be able to get snap because many can’t even pay for food while in college.

They tore down institutions

He’s also responsible

Wow. This is wickedness. Currently I am using student loans. I am learning alot

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5JXMPDQfJmMe.html

Not to mention that some cities/towns have private colleges/universities and the public ones are impacted or do not work with your work schedule. So, people have no choice but to go to private ones. Not to mention the lack of employment!!!!

Go bro... it's definitely worth it

@@TizzleTravels finding a 2 dollar coupon to red lobster at the dry cleaners worth it?

Consider getting your Masters in Nursing. Some hospitals if they’re attached to a university will help pay for it

@@lisasmith5030 will they only pay for tuition or will they help pay for housing expenses?

@@nerdlingeeksly5192 it's called tuition reimbursement.

It is not Democrats that can not, it is once again Republicans that WILL NOT!

Unfortunately this filibuster is what destroys everything that could make we the people great.. Republicans love to use it and will not get rid of it because they can do this and hold all the power even when they are in the minority..

@@ronwade5433 wasn't a Dem or Rep on this one.

I agree

Trade school is also expensive. 20,000.00 to be a a hairstylist 15 years ago,now it's way more. You make minimum wage,not guaranteed tips.

Credits don’t transfer if the person decides later to go into another career. Some require “general Ed” classes but don’t transfer.

Why didn't you get food stamps??

@@whyYoustalking They treated my tuition grant like it was wages and that meant I made too much money to qualify.

@@userunknownx what state?? That's crazy

@@userunknownx how would free money be considered wages? Federal grants like the Pell grant aren’t taxable. It’s free money from the government

@@userunknownx your tuition is the amount you pay for school huh? You didn’t work for the school that’s not your wages

I disagree, that is a single sided point of view I think a better option would be finding new and innovative ways to cut the cost of living. Most importantly reducing the cost of housing.

That is true. However, taxes have gone up along with student loans. Damn if u do and damn if u don't . Best thing is to get a guillotine and start beheading the elite.

@@glimmeringsea5105 we had a a tax cut across the board in 2017 (Tax Cut and Jobs Act). Taxes have not gone up.

Simple: The elite had the right network by being born in a golden cradle. They did not have to study hard. Ever. So, they cannot get that concept across in their minds. As long as they have money, they will assume money equates intelligence when in fact it is privilege and stealing from others.

Yup. I should've went to school in Canada