Milllenials want to buy homes, many don't have savings. These lenders say no problem

Originally posted by Old Man Whirly!
Am I reading Voltron's argument correctly? Don't become educated if you want to be able to buy a home... Oh Voltron durpalm

It's what reaganomics was founded upon. Instead of the rich paying taxes, they should create businesses that allow even the stupidest people an opportunity to make something, even if it's a pyramid scheme.

Worked out well, didn't it?

Originally posted by Blakemore
It's the philosophy that you don't need to be educated because the rich will give you the opportunity to make a business as long as you do everything they say until it becomes bust and they bail.

It's what reaganomics was founded upon. Instead of the rich paying taxes, they should create businesses that allow even the stupidest people an opportunity to make something, even if it's a pyramid scheme.

Worked out well, didn't it?

Originally posted by Old Man Whirly!
hmmmm

Originally posted by Old Man Whirly!
Am I reading Voltron's argument correctly? Don't become educated if you want to be able to buy a home... Oh Voltron durpalm

Nope.

I'm no fan of that troll, but it looked to me like he was saying super high student loans are one more factor why millennials can't afford a down payment on a home like their parents were able to, and are stuck renting.

Originally posted by cdtm
Nope.

I'm no fan of that troll, but it looked to me like he was saying super high student loans are one more factor why millennials can't afford a down payment on a home like their parents were able to, and are stuck renting.

Student loans were designed with the idea that students would get highly paid careers in their field to repay them and seek homes. The problem is a lot of people went to university who probably shouldn't have gone.

Your mentality is "well, they can't buy homes because they have debt to their name" when in essence student loans do not stop people from buying homes. I know because I know people, millenials, who went to university and got a job and now have homes. You're talking shit again!

Originally posted by Blakemore
That's a nonsensical argument and a logical fallacy. First of all, millenials can't buy homes because of the housing market crash in the late 00s so it's hardly student loans at fault here.

Student loans were designed with the idea that students would get highly paid careers in their field to repay them and seek homes. The problem is a lot of people went to university who probably shouldn't have gone.

Your mentality is "well, they can't buy homes because they have debt to their name" when in essence student loans do not stop people from buying homes. I know because I know people, millenials, who went to university and got a job and now have homes. You're talking shit again!

Student loan debt is so bad in America Joe Biden made it a platform point to get debt wiped clean.

And many majors don't lead to high paying jobs. The fact many go into the humanities and such, paying as much as those who go into business or law or a medical profession, without a hope of getting a high paying job after school, is part of the problem.

If you need a high paying job at all to justify a college education, then that's a problem.

And Whirly, what do you think of Blake claiming some people shouldn't have gone to college?

He's basically saying, what, that some people are too stupid to go? Isn't that an arrogant position to take (Not to mention the unintended racist implications, as many minorities have historically been looked down on for perceived intellectual deficiencies..)

Ugh, you have no idea how stupid you sound.

Just because some graduates or drop outs get average jobs doesn't mean they all do. Some get decent jobs with the prospect of promotion to 6 figure salary.

Even me, who was misdiagnosed as schizo can still get better privileges than most disabled people because I can demonstrate skills. You're just upset they went to college and you didn't.

How's your home? Have you got a home? I'm guessing no. Are you blaming those student loans despite the fact you never went to university?