FC Posted June 25, 2022 Report Share Posted June 25, 2022 I was thinking about buying another gallon of paint thinner. Nope! What cost $6.50 or so in 2010 is now over $16 at Walmart! Quote Link to comment Share on other sites More sharing options...
karlunity Posted June 26, 2022 Report Share Posted June 26, 2022 Yep but hey we gave 300 billion or so in foreign aid , gotta save the world and we may lose the income from the Petrodollar. Cannot raise tax too much Pols may end out of work...So they gota inflate. Older than Rome. Hang on pal. The ride is just starting. karl PS I just read that the Dept of Education is canceling billions in student loan debt. As banks DON'T lose money,,We are going to get that bill as well Quote Link to comment Share on other sites More sharing options...
Dr.Hess Posted June 26, 2022 Report Share Posted June 26, 2022 The student loan debt is around 1,500 Billion Dollars. Dropping a few billion is nothing on that. We already have the bill. Something like 40% or more were in default, last I looked. Probably closer to 60-80% in default or deferment. Quote Link to comment Share on other sites More sharing options...
karlunity Posted June 26, 2022 Report Share Posted June 26, 2022 Truth, Ah but now it seems official that we got the bill, One is given to wonder If those "educated ones" know that their payment is just delayed? A billion is $1000,000.000 and at last reports we owed 35.000,000,000,000, Of course if we conquer China to whom we own a lot of that money, a very large part of our debt goes away. Hum. I have read that the "avg" US income about 50K seems a bit high but that is what the net reports so a billion is about 20.000 homes.times that by 1000 and then by 35 let me know what you get as my calculator does not go that high. Still gotta send AID to the EU Gotta save the world. karl Quote Link to comment Share on other sites More sharing options...
FC Posted June 27, 2022 Author Report Share Posted June 27, 2022 I know a nice teacher who got a doctorate in education. Guess what? I think it was $170,000 in student loans got paid off by some sort of aide. I can't remember what it was. Anyway, why would a teacher get into that kind of debt to get a doctorate? Quote Link to comment Share on other sites More sharing options...
Dr.Hess Posted June 27, 2022 Report Share Posted June 27, 2022 Yeah, teachers get their loans paid by the feds, that is, the rest of us. You know, "for the children." Quote Link to comment Share on other sites More sharing options...
karlunity Posted June 27, 2022 Report Share Posted June 27, 2022 Well I never got any of the loot.Guess they dont like history teachers karl the un paid Quote Link to comment Share on other sites More sharing options...
Dr.Hess Posted June 27, 2022 Report Share Posted June 27, 2022 They also have the "Everyone EXCEPT Dr.Hess" rules. Physicians loans are specifically excluded from this. I paid mine off 5 or 10 years ago, so wouldn't affect me anyway, but still, all the rules are "Everyone EXCEPT Dr.Hess." No more register for the draft? Not for Dr.Hess. Retire at 65 with SS? Not for Dr.Hess. Quote Link to comment Share on other sites More sharing options...
AzRednek Posted June 28, 2022 Report Share Posted June 28, 2022 I have two relatives that got Uncle Sam to foot the bill for a good portion of their education. One is a MD and her husband a lawyer. They both had to give six years to the Army after getting their degree. My lawyer nephew was sweating it out as he didn’t pass the New York bar exam until his second attempt. Had he not passed it the second time he would have owed major bucks. He told me Army looked favorably on the NY bar exam as it supposed to be the hardest in the USA. I had a coworker really struggle getting his daughter through medical school. They sold their house and moved into an older mobile home. Him and his wife a legal secretary drove junkers. Every night as soon as he clocked out he went through the trash cans collecting aluminum cans. For $3.00 every two weeks he made sure the contributors in our station had fresh coffee every morning. Him and his wife moonlighted for a catering service. He once used his three week vacation time selling encyclopedias door to door to raise money for his daughter’s school books. About 1989 or 90 he came to work bragging and showing off a $100 check his daughter sent. She finished school and got a job as an ER Dr somewhere in Minnesota. Doc I have no idea what medical school cost in the 80s, probably chump change compared to today. Besides what the couple contributed he told me his daughter still owed thousands for student loans he intended to help her pay off. Quote Link to comment Share on other sites More sharing options...
FC Posted June 28, 2022 Author Report Share Posted June 28, 2022 That was an impressive dad! Quote Link to comment Share on other sites More sharing options...
Dr.Hess Posted June 28, 2022 Report Share Posted June 28, 2022 Yes, quite a dad. Can't say for other states, but in Texas, which had at least 7 medical schools, tuition was the same as the regular state universities, which for residents was very reasonable. When I started medical school (UTMB) in 1993, I hit, again, the "Everybody but Hess" rule and tuition went from about $500/semester to >$10K/semester. Quote Link to comment Share on other sites More sharing options...
karlunity Posted June 28, 2022 Report Share Posted June 28, 2022 Both me and the hippy paid off our college debt and it was not fun..but we made it we paid it. karl Quote Link to comment Share on other sites More sharing options...
FC Posted June 29, 2022 Author Report Share Posted June 29, 2022 I'm glad that debt is off your backs. Northern Tool's hose nozzle is on "clearance" for $24. I paid $12, regular price, about 4 years ago. Bon Aire "Ultimate" Garden Hose Nozzle — Aluminum, Model# HN-10AL | Northern Tool Quote Link to comment Share on other sites More sharing options...
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