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SpaceCowgirl Due December 21; 3 kids; Oregon 20240 posts
2nd Aug '11
Quoting Mr. HOAR:" According to your chart, I don't get all of my tax money back. Not even close. So, whatever, my federal ... [snip!] ... loans will eventually get paid back through both my taxes and the interest I'll end up paying on them for the next 10 years."


I'm confused. Your federal loans will be paid for by you making your monthly payments. Why would your tax money go towards it?

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting SpaceCowgirl:" What's wrong with disagreeing with more than one chunk of wasteful government spending? I am disgusted ... [snip!] ... I am disgusted with what the government has done with medical costs, but I thought this thread was about pell grants...?"


You seem to be so angry over education, when it is a small fraction of the budget.
Pell grants don't even take most of the education budget, programs like special ed does.
I don't have an issue with those programs, because like the pell grant, I think they're necessary.

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting SpaceCowgirl:" I'm confused. Your federal loans will be paid for by you making your monthly payments. Why would your tax money go towards it?"



My tax money will go towards the interest the government pays while I'm in school for 8 years. Which, I'm sure, will be far more than anyone receives in pell grant money.

human making in progress 2 kids; Port Orchard, Washington 7986 posts
2nd Aug '11
Quoting SpaceCowgirl:" If I had it my way, there would be a flat tax."


flat percentage or flate rate? because what a poor family would pay into taxes would be laughable to a rich family, and what a rich family SHOULD pay into taxes would kill the poor guy.

SpaceCowgirl Due December 21; 3 kids; Oregon 20240 posts
2nd Aug '11
Quoting Mr. HOAR:" You seem to be so angry over education, when it is a small fraction of the budget. Pell grants don't ... [snip!] ... like special ed does. I don't have an issue with those programs, because like the pell grant, I think they're necessary."


Pell grants are about 1/3rd of the federal education budget.



I'm mad about the entire culture of entitlement that we are breeding through these types of programs. That, coupled with the fact that we can't even afford it right now and you're damn right I'm mad.

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting SpaceCowgirl:" Pell grants are about 1/3rd of the federal education budget. I'm mad about the entire culture of entitlement ... [snip!] ... these types of programs. That, coupled with the fact that we can't even afford it right now and you're damn right I'm mad."


Yet you're ok with direct loans. Someone like me, going further than a bach, could potentially have government loans deferred for 8 years+. The interest the government will pay on my behalf could give 10 people pell grants.

SpaceCowgirl Due December 21; 3 kids; Oregon 20240 posts
2nd Aug '11
Quoting Mr. HOAR:" My tax money will go towards the interest the government pays while I'm in school for 8 years. Which, I'm sure, will be far more than anyone receives in pell grant money."


You can't be serious.

SpaceCowgirl Due December 21; 3 kids; Oregon 20240 posts
2nd Aug '11
Quoting Electric Rainbow:" flat percentage or flate rate? because what a poor family would pay into taxes would be laughable to a rich family, and what a rich family SHOULD pay into taxes would kill the poor guy. "


Everyone would pay the same exact percent of their income towards federal taxes. That would be a fair tax.

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting SpaceCowgirl:" You can't be serious."


I'm going to be taking out the maximum of subsidized direct loans, which is something in the range of about $50,000 with a 6% interest rate.
You do the math.
And that interest will be deferred for 8 or more years.

human making in progress 2 kids; Port Orchard, Washington 7986 posts
2nd Aug '11
Quoting Mr. HOAR:" I'm going to be taking out the maximum of subsidized direct loans, which is something in the range ... [snip!] ... in the range of about $50,000 with a 6% interest rate. You do the math. And that interest will be deferred for 8 or more years."



you mean, your taking what could be my pell grant money? YOU b***h! :lol:

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting Electric Rainbow:" you mean, your taking what could be my pell grant money? YOU b***h! :lol:"


:lol:
I still lub joo though!

human making in progress 2 kids; Port Orchard, Washington 7986 posts
2nd Aug '11
Quoting Mr. HOAR:" :lol: I still lub joo though!"


lol its not like I am using it now anyway. and with my luck, by the time I get into school finally there will be no pell grants left OR government loans left.

SpaceCowgirl Due December 21; 3 kids; Oregon 20240 posts
2nd Aug '11
Quoting Mr. HOAR:" I'm going to be taking out the maximum of subsidized direct loans, which is something in the range ... [snip!] ... in the range of about $50,000 with a 6% interest rate. You do the math. And that interest will be deferred for 8 or more years."


Still not more than the cost of 8 years worth of pell grants. Certainly not 10 students' worth.

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting Electric Rainbow:" lol its not like I am using it now anyway. and with my luck, by the time I get into school finally there will be no pell grants left OR government loans left. "


I thought you applied a while ago? You should call OC and ask if you've been approved yet. You should be.

Jelly b**bs! Seattle, Washington 872 posts
2nd Aug '11
Quoting SpaceCowgirl:" Still not more than the cost of 8 years worth of pell grants. Certainly not 10 students' worth."



Alright, math in my head fails. It's still enough for 4 people to go though a community college without paying anything at all. Or 4 years for 2 people.
That's 2 people who could be going to school, but yet the government will be paying for for MY interest on those loans.