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Brown Cafe UPS Forum
UPS Union Issues
Wages and inflation
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<blockquote data-quote="Up In Smoke" data-source="post: 5245721" data-attributes="member: 79702"><p>That money is gone, like a bad investment in a business, property or stock market. Federal dollars given to state institutions and individuals for education and housing. We need to think in terms of how to recoup the most from that investment now. Much like a foreclosure, the lending institution gets the physical property back (the student) free from debts and leans. How do we maximize our return on investment? These borrowers have not made payments in almost 2.5 years while starting careers, getting married, buying homes and starting families. Sometimes in business you have to eat your loses and move on. I would like to see a graduated tax on borrowers that is taken as part of their fed withholding until paid in full, but it doesn't have much support.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5245721, member: 79702"] That money is gone, like a bad investment in a business, property or stock market. Federal dollars given to state institutions and individuals for education and housing. We need to think in terms of how to recoup the most from that investment now. Much like a foreclosure, the lending institution gets the physical property back (the student) free from debts and leans. How do we maximize our return on investment? These borrowers have not made payments in almost 2.5 years while starting careers, getting married, buying homes and starting families. Sometimes in business you have to eat your loses and move on. I would like to see a graduated tax on borrowers that is taken as part of their fed withholding until paid in full, but it doesn't have much support. [/QUOTE]
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