Billionaire to pay student loan debt for 400 students.
Very nice - will cost him $40 million.
https://www.bbc.com/news/world-us-canada-48339599
Very nice - will cost him $40 million.
https://www.bbc.com/news/world-us-canada-48339599
Good way to teach the young they don't have to work for anything.
shareCollege is highway robbery nowadays and I'm sure these young kids know what a blessing they have been given. My brother is 34 and still paying off his loans. Its just not right.
shareI would agree on liberal arts degrees
share
Agreed! It's highway robbery controlled by the Left. And they're more interested in indoctrination, instead of education.
😎
My brother had a professor like your talking about - brainwashing the kids with his extreme political views. Thankfully he snapped out of it when he graduated and now has a mind of his own.
share
Science tells us that the decision making part of the brain is not fully mature until around age 25. Also kids have to experience the real world to snap out of it.
And as the great Winston Churchill said:
"If you're not a Liberal at age 25, you have no heart. If you're not a Conservative at age 40, you have no brain."
😎
I agree. I feel bad for millenials, who were told all they had to do was get a decent college education and they'd they set up for a decent profession and the rest of their lives.
Instead, they got the college education, and student loans to pay off, and ended up having to work jobs like baristas because the job market had gotten so soft. Unless they majored in tech, they were hosed.
You are so correct! This is the mindset and the culture of today’s youth through their 20’s. I’m entitled to it....the entitlement generation. “I should have now, today, what took my parents 30 or more years to achieve. Work 3 jobs? Are you nuts? I need my play/party time.” I’ve known people in their 60’s who have held down 3 jobs. I worked nights for 4 years in order to put my paycheck into savings for our first home. My husband tended to our 2 kids at night while I worked from 4:30 to 1:00 A.M. We had a sitter for the hour between me leaving and his arrival home. We did it on our own. He later went to night school for 4 hrs. 5 nights a week after working all day. It took him 18 months to complete.
The reason college costs are so high is due to the government sticking it’s nose into everyone’s life. The government has never done anything that didn’t end up to a negative in some way and costing the taxpayers. All we’ve heard for the last 20 or more years is everyone deserves a college degree, everyone deserves ownership in a home, etc., etc. The truth is not everyone is college material, but they may be good in a trade....plumber, electrician, contractor. Darn good money makers. And not everyone is capable to be home owners, but they may be reliable renters.
After I heard the news today about the college fund give-away a reporter commented it may entice colleges to raise their tuition! After all that’s what occurred when the government gave out funds for tuition.
"it may entice colleges to raise their tuition"
Now that you mention it. Yes. It might definitely happen.
Very stupid! Sends the WRONG Message, that you don't have to work for anything.
😎
PS And besides, that's chump change for him, and probably tax deductible.
i think it would be better if it was put towards a charity focused on health and poverty in the third world.
that kind of money could save thousands of lives.
judging by his involvement with gates and the giving pledge, he may well be doing that.
but i would still say he would have done better giving the money to something like deworming charities. those are the ones judged to be most effective by charity aggregators like givewell.
it's almost certainly the case that those 400 students, even if they do have terrible debt, have very good lives in most ways, don't have to worry about not getting enough calories or clean drinking water.
Wow!
What a heartwarming act
Seems there are some fine people left out there!