Sunday, December 29

Geek

Daily News Stuff 29 December 2024

COBOLated Soda Edition

Top Story

  • Giving people money doesn't stop them being poor.  (Yahoo)

    Another UBI study fails without even asking the fundamental question of where the money comes from.


  • Neither does taking their money.  (Tech Crunch)

    Lyft is suing San Francisco for overcharging the company $100 million in taxes.


  • Neither does charging interest on their loans.  (MSN)
    All told, Warner borrowed a total of about $60,000 for her two advanced degrees. The amount seemed reasonable given the career trajectory that both credentials promised, but that path never materialized. Working a series of low-wage jobs, she went in and out of forbearance before ultimately defaulting. The balance ballooned to the current $268,000 total over the years due to collection fees and interest capitalization.
    Warner was 30 when she took out the loan for her law degree.  In the 1980s.


Tech News



Disclaimer: Who let the cats out?

Posted by: Pixy Misa at 06:52 PM | Comments (2) | Add Comment | Trackbacks (Suck)
Post contains 338 words, total size 4 kb.

1 "that path never materialized"

Based on that famous documentary Animal House, I was raised under the impression that once you had graduated college it was all smooth sailing and no more hard work.

Posted by: normal at Sunday, December 29 2024 08:57 PM (bg2DR)

2 In the late 90s, I came out of my first attempt at collage with $50k (almost $100k in current dollars) of student and parent loans to pay off and no degree, mostly because my low-income mother wasn't able to keep up with the parent loans and grants and scholarships were small or didn't want to pay for white males going into STEM.  7 years later, I had the loans paid off, my degree finished with no debt (though some tuition reimbursement from work), and had been moved out of my mother's place into my own studio apt for a couple of years.  During that time my idea of splurging was take-out Chinese food.  So anybody who let their student loans snowball in the 90s or early 2000s gets little sympathy from me.

Despite this, I look at today's environment where collage prices have skyrocketed,  inflation has soared, and businesses c*@k-blocking moving up into better paying positions through immigration and outsourcing as well as the hellscape that is modern job hunting and I don't think it is doable again in the current environment.

Posted by: stargazera5 at Monday, December 30 2024 03:42 AM (iZPr8)

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Apple pies are delicious. But never mind apple pies. What colour is a green orange?




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