Pine Barrens Mafia Posted April 11, 2019 Share Posted April 11, 2019 Came across this in my pocket feed, thought you guys might be interested: https://www.bloomberg.com/news/articles/2019-04-09/college-grads-sell-stakes-in-themselves-to-wall-street?utm_source=pocket-newtab Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted April 11, 2019 Share Posted April 11, 2019 Joe, you’re aware these are going to be securitized, bundled, and sold in order to manage risk, correct? Assuming you are, can you speak to how this differs from the mortgage securities market? Link to comment Share on other sites More sharing options...
DC Tom Posted April 11, 2019 Share Posted April 11, 2019 In the 1850s, a man named Albert sold himself to Thomas J. Jackson in order to pay off a debt. This was known as "slavery." But I'm pretty sure that liberals will support this modern practice of selling yourself to pay off tuition as "not slavery" on the principle "But this is different, because...shut up, racist!" 1 Link to comment Share on other sites More sharing options...
snafu Posted April 11, 2019 Share Posted April 11, 2019 This is why a college education should be free. Link to comment Share on other sites More sharing options...
Chef Jim Posted April 11, 2019 Share Posted April 11, 2019 9 minutes ago, snafu said: This is why a college education should be free. Please elaborate. Also in your elaboration please explain how something that has costs can be considered.......FREE. Link to comment Share on other sites More sharing options...
snafu Posted April 11, 2019 Share Posted April 11, 2019 6 minutes ago, Chef Jim said: Please elaborate. Also in your elaboration please explain how something that has costs can be considered.......FREE. No. It was a sarcastic remark. Sorry I didn't switch to snarky font. Link to comment Share on other sites More sharing options...
3rdnlng Posted April 11, 2019 Share Posted April 11, 2019 8 minutes ago, Chef Jim said: Please elaborate. Also in your elaboration please explain how something that has costs can be considered.......FREE. Where have you been in the last year or so? HAHA Gator has thoroughly explained that the government, that owns the money, can just print all it wants and pay people's tuition with that. The only costs will be the printing cost but we can pay for that by printing even more money, but in larger denominations. CFP, eh? Sure. Link to comment Share on other sites More sharing options...
Chef Jim Posted April 11, 2019 Share Posted April 11, 2019 14 minutes ago, snafu said: No. It was a sarcastic remark. Sorry I didn't switch to snarky font. <snarky font on> What the ***** dude?!?! I wasted a fantastic retort for nothing. Dick!! <snarky font off> 2 Link to comment Share on other sites More sharing options...
snafu Posted April 11, 2019 Share Posted April 11, 2019 1 hour ago, Chef Jim said: <snarky font on> What the ***** dude?!?! I wasted a fantastic retort for nothing. Dick!! <snarky font off> Thorrrry. 1 2 Link to comment Share on other sites More sharing options...
BeginnersMind Posted April 11, 2019 Share Posted April 11, 2019 Government played a huge role (setting aside the people who actually took the loans) in jacking up the tuitions and the free market is considering solutions. Going through the college process now (I keep dropping bags of money with my daughter’s name on them in admissions offices but now no one will pick them up...thanks Aunt Becky) and every campus is a cathedral built with money I loaned to poetry (!) majors. Shelling out 75K per year for college won’t make me salty at all. Link to comment Share on other sites More sharing options...
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