Mike Rowe Rips Student-Loan Crisis:
‘We’re Rewarding Behavior We Should
Be Discouraging’
Daily Wire,
by
Joseph Curl
Original Article
Posted By: Imright,
11/9/2019 3:54:15 PM
If you want to know how Mike Rowe feels about something, just ask him. He’ll tell you in no uncertain terms.Rowe, the host of “Somebody’s Gotta Do It” and former host of of the hit TV show “Dirty Jobs,” appeared Thursday on Fox Business to promote his new book “The Way I Heard It.” On the show, Rowe was asked by host Stuart Varney what he thought about the $1.5 trillion federal student loan debt.“We have unintendedly maligned an entire section of our workforce by promoting one form of education, in my opinion, at the expense of all of the other forms,” he said.
Reply 1 - Posted by:
stablemoney 11/9/2019 4:06:07 PM (No. 230969)
We didn't have a student loan crisis until after Obama nationalized student loans, so let Obama pay for it. As for paying the student loans, that is a crisis for those that borrowed the money. Please leave me out of it.
35 people like this.
Reply 2 - Posted by:
Illinois Mom 11/9/2019 5:03:06 PM (No. 230993)
In 2000, when our youngest wanted to attend a private college to become an Elementary School teacher we agreed. We also told her that we would pay but she had to do her part. She got two smallish scholarships and three alumni grants that she researched applied for and received all on her own. She also did work study and she took the minimum Stafford loan each year. We told her that she had four years. If she goofed off, failed any class or decided to quit the loans were all hers. At that time, I worked with a local bank that was a great help. She was allowed only $2500 each year for the first three years and I think $4500 for her senior year. We paid all of the rest in installments with the college. One of the things we told her over and over was that neither of us should take out so much in loans that it could not be paid back in a reasonable amount of time, and the loan amount should be in proportion to any salary she might receive, realistically. She did very well, had a job lined up before graduation, and had a debt of $12K. When she got out she took coaching jobs where she received a stipend of $3K each season. She had her loan paid off in 3 years, never touching her salary.
Our Son-in-Law (different daughter) is different story I don't want to know what they owe. It has to be $80-$90K and he received a Master of Social Work. They will never be able to repay that. In talking to them about acquiring so much debt, at the time they were assured by "Obama" that all he has to do is work in public service for ten years and "the government" will wipe out his debt. They were literally having money thrust upon them. Now they're not so sure that "the government" will make good on their promise.
Ultimately, they will have to live with the decisions they made, but some blame has to be placed on lenders who dangled thousands of dollars under the nose of young people who are so easily manipulated and the colleges who made so many guarantee's and false promises all the while sucking up all those tax payer dollars.
11 people like this.
Reply 3 - Posted by:
Franz 11/9/2019 5:13:29 PM (No. 230997)
It made sense to go to college by borrowing if you were going for a degree in one of the STEM occupations. But, if you were going for a degree in Medieval Basket Weaving or some other field for which there was little or no demand, it was a big mistake. Yet, under Obama, kids were encouraged to take out loans to pursue fields that didn't pay enough to repay the loans. To make it worse, this created a sellers market and college costs skyrocketed.
9 people like this.
Reply 4 - Posted by:
Heraclitus 11/9/2019 5:45:52 PM (No. 231011)
There are so many ways to get the education one desires. But paying tens of thousands of dollars to live in a dorm or campus housing and the party life, with lower and lower academic standards, and far too many social "studies", "studies" of one kind or another which produces gazillions of meddlesome busybodies is something which taxpayers ought not to be burdened with.... it's not OUR investment, we already pay big local taxes for schools, and sadly don't get our money's worth.
Furthermore, in some cases, the college choice is bragging rights for parents.
Rather: raise up your children to be good citizens, honest, loyal. They'll call you blessed. And we will, too.
All of the trades are straining for skilled workers. There are work-study programs, and fortunately more high schools are re-introducing technical training.
There are night schools, on-line courses, community colleges. If you value education of ANY kind, then the institution providing the education is praiseworthy. And ANY honest work is noble.
12 people like this.
Reply 5 - Posted by:
Calico Al 11/9/2019 6:01:37 PM (No. 231016)
There should be no loans for Alinsky 101 or how to become a socialist.
14 people like this.
Reply 6 - Posted by:
YorkieMom 11/9/2019 6:29:08 PM (No. 231029)
Mike Rowe for president.
16 people like this.
Reply 7 - Posted by:
DVC 11/9/2019 6:47:56 PM (No. 231036)
Maybe not President, but Sec. of Labor, for sure.
16 people like this.
Reply 8 - Posted by:
Highlander 11/9/2019 7:56:39 PM (No. 231053)
The local high school here has no vocational arts whatsoever, except for culinary arts. Needless to say, there’s a lot of problem students in the school who couldn’t give a rip about Phythagorean theorem or quadratic equations. These problem students could benefit greatly from any manual training.
4 people like this.
Reply 9 - Posted by:
grampus 11/9/2019 8:34:36 PM (No. 231069)
Largely overlooked by most is the availability of significant financial assistance for post-secondary education within the military and/or afterwards as a veteran. I'm referring to education, not military training....though there can be great value in that also..
4 people like this.
Reply 10 - Posted by:
JimBob 11/10/2019 2:48:54 AM (No. 231196)
#8, I can't help it...... The idea of a Training Course in Cotton Picking just popped into my head.
-----------------------------------------------------------------
On a serious note......
It seems to me that the Federal Government, being run by politicians, turns EVERY financial progream that they have anything to do with..... into a DISASTER.
-Federal Budget
-Social Security
-Health Insurance
-Solar Power (incentives/investments in Solyndra and other politically-connected companies)
-Cash for Clunkers
-Student Loans
-and, as the King said in 'The King and I'....."Etcetara, Etcetara, Etcetara......."
1 person likes this.
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