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shoulda gone to Morehouse College
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frankj1 Offline
#1 Posted: Mon, May 20 2019, 6:06 PM EST
Joined: 02-08-2007
Posts: 44,211
cuz I'd have no debt.

https://www.nytimes.com/2019/05/19/business/robert-f-smith-morehouse-vista-equity.html
Gene363 Online
#2 Posted: Mon, May 20 2019, 6:14 PM EST
Joined: 01-24-2003
Posts: 30,796
Gonna suck if you saved up and paid cash.
frankj1 Offline
#3 Posted: Mon, May 20 2019, 7:10 PM EST
Joined: 02-08-2007
Posts: 44,211
paid cash outrage!
still, an extremely generous gift, and a great model to emulate for grads who prosper.
tonygraz Offline
#4 Posted: Mon, May 20 2019, 8:05 PM EST
Joined: 08-11-2008
Posts: 20,230
Morehouse - guess I misheard.
deadeyedick Offline
#5 Posted: Mon, May 20 2019, 8:39 PM EST
Joined: 03-13-2003
Posts: 17,068
Meh. I guess it's all good but it rewards the most to those who used credit and penalizes those who used their own funds, worked part time jobs, etc to achieve their diplomas. There is something to be said for personal responsibility. I wonder which group will value their education the most.
frankj1 Offline
#6 Posted: Mon, May 20 2019, 10:01 PM EST
Joined: 02-08-2007
Posts: 44,211
"It’s 2019, and Americans are more burdened by student loan debt than ever.

Among the Class of 2018, 69% of college students took out student loans, and they graduated with an average debt of $29,800, including both private and federal debt. Meanwhile, 14% of their parents took out an average of $35,600 in federal Parent PLUS loans.

You’ve probably heard another scary statistic: Americans owe over $1.56 trillion in student loan debt, spread out among about 45 million borrowers. That’s about $521 billion more than the total U.S. credit card debt."


who are these personally responsible kids who earn that kind of money part time?
Are they hiring?
MACS Offline
#7 Posted: Mon, May 20 2019, 10:03 PM EST
Joined: 02-26-2004
Posts: 79,741
deadeyedick wrote:
Meh. I guess it's all good but it rewards the most to those who used credit and penalizes those who used their own funds, worked part time jobs, etc to achieve their diplomas. There is something to be said for personal responsibility. I wonder which group will value their education the most.


I agree, kinda, that it sends a dual message... but it is still a really cool thing he did.
delta1 Offline
#8 Posted: Tue, May 21 2019, 12:07 AM EST
Joined: 11-23-2011
Posts: 28,772
getting a college education requires a lot of personal responsibility, however it is funded...college education in America costs more than in most other developed countries...and is another cause/symptom of wealth inequality in this country...(apologies...wrong forum)

cheers to Robert Smith!
dstieger Offline
#9 Posted: Tue, May 21 2019, 6:44 AM EST
Joined: 06-22-2007
Posts: 10,889
Maybe just because it was Friday, and he was in love
DrafterX Offline
#10 Posted: Tue, May 21 2019, 7:06 AM EST
Joined: 10-18-2005
Posts: 98,535
Why didn't Okra do the same..?? Think
tonygraz Offline
#11 Posted: Tue, May 21 2019, 9:18 AM EST
Joined: 08-11-2008
Posts: 20,230
Maybe she had GM stock.
frankj1 Offline
#12 Posted: Tue, May 21 2019, 9:19 AM EST
Joined: 02-08-2007
Posts: 44,211
wasn't she trying to bail out borrowers who attended Trump University?
tailgater Offline
#13 Posted: Wed, May 22 2019, 9:36 AM EST
Joined: 06-01-2000
Posts: 26,185
I've heard that some kids had $150k+ in loans.

Probably for a degree in Visual Arts.

yeah. that's responsible...




Note: doesn't make Smith's gesture any less genuine.
tailgater Offline
#14 Posted: Wed, May 22 2019, 9:41 AM EST
Joined: 06-01-2000
Posts: 26,185
I just attended my oldest daughter's graduation last weekend.
the university had given a degree to Oprah last November and she visited the campus at the end of last semester.
Oprah is a generous woman who has done a lot of good with her wealth.

But if one more speaker mentioned her name during my daughter's ceremony, I was going to start booing.
Profusely.
And it may come as a surprise to many, but I can be loud.

Saturday was about the class of 2019 attending the ceremony.
It wasn't about a celebrity who was gifted a degree and once visited during the school year.

Rant off.
dstieger Offline
#15 Posted: Wed, May 22 2019, 10:02 AM EST
Joined: 06-22-2007
Posts: 10,889
frankj1 wrote:
shoulda gone to Morehouse College


I know even less about you than I'd have thought....I assumed your complexion would have made that unlikely
dstieger Offline
#16 Posted: Wed, May 22 2019, 10:04 AM EST
Joined: 06-22-2007
Posts: 10,889
tailgater wrote:
I just attended my oldest daughter's graduation last weekend.


Congrats to your daughter...and, to you
frankj1 Offline
#17 Posted: Wed, May 22 2019, 11:06 AM EST
Joined: 02-08-2007
Posts: 44,211
dstieger wrote:
I know even less about you than I'd have thought....I assumed your complexion would have made that unlikely

think again...free money!
(can't believe I said that)
frankj1 Offline
#18 Posted: Wed, May 22 2019, 11:07 AM EST
Joined: 02-08-2007
Posts: 44,211
tailgater wrote:
I just attended my oldest daughter's graduation last weekend.
the university had given a degree to Oprah last November and she visited the campus at the end of last semester.
Oprah is a generous woman who has done a lot of good with her wealth.

But if one more speaker mentioned her name during my daughter's ceremony, I was going to start booing.
Profusely.
And it may come as a surprise to many, but I can be loud.

Saturday was about the class of 2019 attending the ceremony.
It wasn't about a celebrity who was gifted a degree and once visited during the school year.

Rant off.


I find Oprah to be irritating.

Mazel Tov to your family.
dstieger Offline
#19 Posted: Wed, May 22 2019, 11:08 AM EST
Joined: 06-22-2007
Posts: 10,889
frankj1 wrote:
think again...free money!
(can't believe I said that)

lol
teedubbya Offline
#20 Posted: Wed, May 22 2019, 12:12 PM EST
Joined: 08-14-2003
Posts: 95,637
If you saved up and paid your own way you have honor, hard work and something priceless that can never be replaced, if you didn't you have great luck (cha ching). What's the cliche - better to be lucky than good? And if you get a little of both better yet.

This is a win win. Hopefully they will pay it forward.


As an aside I just listened to an awesome interview of Carol Burnett by Howard Stern. She tells the story of a man she has never identified (at his request) who gave her $1000 to go to NYC and try to begin her career. It was a fairly random thing and someone she didn't know. That was huge money back then. His request was that she pay it back if she could within 5 years with zero interest. If she couldn't pay it back oh well. He also asked her to pay it forward which she did with scholarships and grants.
tailgater Offline
#21 Posted: Wed, May 22 2019, 12:18 PM EST
Joined: 06-01-2000
Posts: 26,185
dstieger wrote:
Congrats to your daughter...and, to you


Thanks.
And she makes it look easy.
I'll fill everyone in on all her accolades if CBid gets bigger bandwidth to handle it.
Cigarlady7 Offline
#22 Posted: Wed, May 22 2019, 12:29 PM EST
Joined: 11-03-2018
Posts: 1,094
frankj1 wrote:
think again...free money!
(can't believe I said that)


Hmmm....Shame on you
Cigarlady7 Offline
#23 Posted: Wed, May 22 2019, 12:30 PM EST
Joined: 11-03-2018
Posts: 1,094
Everything that is free isn't good.
Cigarlady7 Offline
#24 Posted: Wed, May 22 2019, 12:31 PM EST
Joined: 11-03-2018
Posts: 1,094
frankj1 wrote:
I find Oprah to be irritating.

Mazel Tov to your family.


That's the first....
Why is that??
DrafterX Offline
#25 Posted: Wed, May 22 2019, 12:32 PM EST
Joined: 10-18-2005
Posts: 98,535
Uhhh... Gotta throw da bullchit flag on that one.. Mellow
teedubbya Offline
#26 Posted: Wed, May 22 2019, 12:45 PM EST
Joined: 08-14-2003
Posts: 95,637
Cigarlady7 wrote:
That's the first....
Why is that??



Probably has something to do with sand
RMAN4443 Offline
#27 Posted: Wed, May 22 2019, 12:47 PM EST
Joined: 09-29-2016
Posts: 7,683
Cigarlady7 wrote:
That's the first....
Why is that??

Not the first.....Not talking ....and probably not the last
DrafterX Offline
#28 Posted: Wed, May 22 2019, 12:53 PM EST
Joined: 10-18-2005
Posts: 98,535
She turned RMan into a newt... Mellow
RMAN4443 Offline
#29 Posted: Wed, May 22 2019, 1:04 PM EST
Joined: 09-29-2016
Posts: 7,683
DrafterX wrote:
She turned RMan into a newt... Mellow

a newt what?...and where the hell did this tail come from?Anxious
delta1 Offline
#30 Posted: Wed, May 22 2019, 1:07 PM EST
Joined: 11-23-2011
Posts: 28,772
HBCU's have always had a sprinkling of white students...about 10 years ago, or so, I remember a story about the first white valedictorian graduating from Morehouse...he was a Rhodes scholar, among many in the school's illustrious history, so Frank's choice to attend Morehouse isn't that unusual...
Cigarlady7 Offline
#31 Posted: Wed, May 22 2019, 1:21 PM EST
Joined: 11-03-2018
Posts: 1,094
DrafterX wrote:
She turned RMan into a newt... Mellow


I'm guessing....
Is a newt a kitty cat??

Meoooowwww!
Cigarlady7 Offline
#32 Posted: Wed, May 22 2019, 1:24 PM EST
Joined: 11-03-2018
Posts: 1,094
delta1 wrote:
HBCU's have always had a sprinkling of white students...about 10 years ago, or so, I remember a story about the first white valedictorian graduating from Morehouse...he was a Rhodes scholar, among many in the school's illustrious history, so Frank's choice to attend Morehouse isn't that unusual...


Kind of like the same way many black men choose white colleges to go to and play ball with scholarships. More notoriety. Helps them get up the ladder faster.
delta1 Offline
#33 Posted: Wed, May 22 2019, 1:25 PM EST
Joined: 11-23-2011
Posts: 28,772
ThumpUp
DrafterX Offline
#34 Posted: Wed, May 22 2019, 1:29 PM EST
Joined: 10-18-2005
Posts: 98,535
Kinda like Obama chosing to be black instead of white to go to college and stuff... Mellow
Cigarlady7 Offline
#35 Posted: Wed, May 22 2019, 1:30 PM EST
Joined: 11-03-2018
Posts: 1,094
DrafterX wrote:
Kinda like Obama chosing to be black instead of white to go to college and stuff... Mellow


Isn't he mixed??
Wtf
delta1 Offline
#36 Posted: Wed, May 22 2019, 1:38 PM EST
Joined: 11-23-2011
Posts: 28,772
I think Obama didn't have a choice...just like some people didn't have a choice and could not to go to some colleges and universities even if they were qualified and wanted to, until not that long ago...I remember Gov Wallace blocking the door at the University of Alabama, to prevent the first black students from attending...

at the same time, HBCUs were letting white students attend...
izonfire Offline
#37 Posted: Wed, May 22 2019, 1:39 PM EST
Joined: 12-09-2013
Posts: 8,644
dstieger wrote:
Maybe just because it was Friday, and he was in love


OUCH.

It's one thing to think it.
But then you typed it out.
And even after that, you hit "POST"

d'oh!
Cigarlady7 Offline
#38 Posted: Wed, May 22 2019, 1:44 PM EST
Joined: 11-03-2018
Posts: 1,094
izonfire wrote:
OUCH.

It's one thing to think it.
But then you typed it out.
And even after that, you hit "POST"

d'oh!


It's ok. I'm sure he is "cured" from it by now.
Krazeehorse Offline
#39 Posted: Wed, May 22 2019, 1:54 PM EST
Joined: 04-09-2010
Posts: 1,958
Maybe Obama will make a cameo appearance on the new ABC sitcom Mixedish.
Cigarlady7 Offline
#40 Posted: Wed, May 22 2019, 2:04 PM EST
Joined: 11-03-2018
Posts: 1,094
Krazeehorse wrote:
Maybe Obama will make a cameo appearance on the new ABC sitcom Mixedish.


Or President-ish... Because I am sure he doesn't care what others think.
dstieger Offline
#41 Posted: Wed, May 22 2019, 2:08 PM EST
Joined: 06-22-2007
Posts: 10,889
izonfire wrote:
OUCH.

It's one thing to think it.
But then you typed it out.
And even after that, you hit "POST"

d'oh!

Point taken.
Had I not JUST been listening to Bloodflowers, I probably wouldn't have gotten beyond the 'think it' part
Cigarlady7 Offline
#42 Posted: Wed, May 22 2019, 2:10 PM EST
Joined: 11-03-2018
Posts: 1,094
dstieger wrote:
Point taken.
Had I not JUST been listening to Bloodflowers, I probably wouldn't have gotten beyond the 'think it' part


I should check this album out soon. You been talking about it lately... Plus I do like The Cure.
izonfire Offline
#43 Posted: Wed, May 22 2019, 2:26 PM EST
Joined: 12-09-2013
Posts: 8,644
Cigarlady7 wrote:
It's ok. I'm sure he is "cured" from it by now.


In this case, the cure is the disease Sick
izonfire Offline
#44 Posted: Wed, May 22 2019, 2:29 PM EST
Joined: 12-09-2013
Posts: 8,644
dstieger wrote:
Point taken.
Had I not JUST been listening to Bloodflowers, I probably wouldn't have gotten beyond the 'think it' part


OK - you get a pass.

THIS TIME

Shame on you
danmdevries Offline
#45 Posted: Wed, May 22 2019, 3:40 PM EST
Joined: 02-11-2014
Posts: 17,307
Graduated with 70k debt. My fault for taking too long and accepting the maximum offered every semester. But still.... starting your adult life 70k in the hole, buying a house, getting married etc was not an ideal jump off point. I worked full time through school, but that was to pay rent and food and stuff. Had no extra money to be paying for school. If my girlfriend (now wife) hadn't bought me a car when I was commuting year round on a motorcycle, I don't think I could have finished.

I've almost paid them off, about a year to go. $700ish a month for 10 years as of this month.

5 more years I should be in a better spot. House and school paid for, then I can start fixing the major things that need fixin on the house. Or buy a nice camper and live there.
teedubbya Offline
#46 Posted: Wed, May 22 2019, 3:42 PM EST
Joined: 08-14-2003
Posts: 95,637
You should have gone to that Craven Moorehead place
DrafterX Offline
#47 Posted: Wed, May 22 2019, 3:47 PM EST
Joined: 10-18-2005
Posts: 98,535
Bernie will pay it off for you when he gets elected... Mellow
dstieger Offline
#48 Posted: Wed, May 22 2019, 3:54 PM EST
Joined: 06-22-2007
Posts: 10,889
I'm debating advising my son to make only minimum payments for now....current climate makes it hard to advise paying off early
deadeyedick Offline
#49 Posted: Wed, May 22 2019, 7:21 PM EST
Joined: 03-13-2003
Posts: 17,068
dstieger wrote:
I'm debating advising my son to make only minimum payments for now....current climate makes it hard to advise paying off early


You feeling' the Bern?
Mr. Jones Offline
#50 Posted: Wed, May 22 2019, 8:14 PM EST
Joined: 06-12-2005
Posts: 19,409
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