Biden will cancel student loan debt from 153k borrowers

[otto105]

Exactly why this is the wrong policy on the part of Sleepy Joe.

Throwing more money at education will increase the price of college even more. The old Supply-Demand thing going on. Students will be more inclined to borrow for college and fantasy land level tuition, if they think that they won't have to pay it back. Biden's stupidity here will cause tuition to go up dramatically

Hilarious


Can you compare taxes paid over lifetime of work between college educated to those of no college.

 

[petro]

Why not my mortgage?

Car note?

Shit.
I might actually jump on that bandwagon...

I think you just found my price....lol.
After an upgrade, of course.

 

[Polishprince]

Hilarious


Can you compare taxes paid over lifetime of work between college educated to those of no college.

Depends.

If people are taking useful subjects like electrical engineering or proctology, they usually make a good income and can easily pay their student loans.

However, if they study LGBTQ+ studies, it only qualifies them for a job as a towelboy in a bathhouse- not very high paying at all.

 

[otto105]

Depends.

If people are taking useful subjects like electrical engineering or proctology, they usually make a good income and can easily pay their student loans.

However, if they study LGBTQ+ studies, it only qualifies them for a job as a towelboy in a bathhouse- not very high paying at all.

Not the question asked.

 

[BluesLegend]

Breaking: Biden forgets what he's doing, cancels Jill by mistake.

 

[Dekster]

Depends.

If people are taking useful subjects like electrical engineering or proctology, they usually make a good income and can easily pay their student loans.

However, if they study LGBTQ+ studies, it only qualifies them for a job as a towelboy in a bathhouse- not very high paying at all.

Then I guess the South and Midwest must be queer as fuck since they are the ones who will benefit the most. Probably all those southern baptist preachers and their LGBTQ+ studies and experiments.

 

[ThisIsMe]

Biden Admin. to Cancel $1.2B in Student Debt for 153K Borrowers

The Biden administration on Wednesday announced its plans to forgive $1.2B in student loan debt for nearly 15Kk borrowers under its Saving on a Valuable Education (SAVE) plan....

lite.verity.news

"The Biden administration on Wednesday announced its plans to forgive $1.2B in student loan debt for nearly 15Kk borrowers under its Saving on a Valuable Education (SAVE) plan.1 People enrolled in the SAVE plan who borrowed $12K or less and have been paying their loans for at least 10 years qualified for loan forgiveness. Those who had their debts canceled received an email from the administration informing them that they essentially were debt-free."

Ridiculous. If student A worked an extra job to finish paying off their student loans and student B did not, only student B gets the reward. If student A borrowed 13k and student B borrowed 12k, only student B gets the reward. If student has been paying on their loans for 9 years and student B has been paying for 10 years, student A gets nothing. If student A's parents made more sacrifices so they didn't need to take out loans, they are learning they shouldn't have bothered. If someone takes out a loan to buy a work truck and tools to start their career in trades and someone else takes out a loan to major in philosophy, Socrates gets the loan forgiven.

Spending 1.2 billion to buy votes.

Ya know…I’m not sad by this. What’s going to happen is going to happen. I can’t wait til these kids grow up and get into the real world and realize that the votes that Biden bought from them led to an ideology that wants to steal all the money they went to college to make….

 

[otto105]

Ya know…I’m not sad by this. What’s going to happen is going to happen. I can’t wait til these kids grow up and get into the real world and realize that the votes that Biden bought from them led to an ideology that wants to steal all the money they went to college to make….

Hilarious

I'm sure they're going to grow up and vote to protect Democracy.

 

[blackhawk]

No loans of any kind should have to be paid back if the nation is determined to go down the road to moron land lets go down it all the way at full speed.

 

[otto105]

No loans of any kind should have to be paid back if the nation is determined to go down the road to moron land lets go down it all the way at full speed.

Hilarious

 

[blackhawk]

Hilarious

Why not what makes student loan debt more deserving than any other?

 

[BluesLegend]

Biden is now openly bragging that he ignored the SCOTUS and they could not stop him from going ahead and canceling student loan debts. What a Dem Nazi.

 

[otto105]

Why not what makes student loan debt more deserving than any other?

We're investing in our country's human capital.

 

[BluesLegend]

Why not what makes student loan debt more deserving than any other?

Student loan debt is a Dem party cash cow. Giant money kickback scheme, government backed loans to fund way overvalued degrees with money flowing back into Dem chests. Why isn't NY suing universities for the over $1 trillion in student loans on overvalued degrees?

 

[Moonglow]

Weird... tuition back then was not very much.
I entered college in 1982, 4 years and paid most of the tuition working part time. Almost all of it.

My last year was 1997.

 

[otto105]

Biden is now openly bragging that he ignored the SCOTUS and they could not stop him from going ahead and canceling student loan debts. What a Dem Nazi.

Is that like governor abboot about the border decision by the supreme court.

 

[blackhawk]

We're investing in our country's human capital.

Oh so that only applies to people who take out student loans if you took out a loan to start a business or expand one or if you are one of the many who have honored their obligations by paying back all their student loan debt well tough shit you just get fucked over for doing the right thing good to know.

 

[blackhawk]

Student loan debt is a Dem party cash cow. Giant money kickback scheme, government backed loans to fund way overvalued degrees with money flowing back into Dem chests. Why isn't NY suing universities for the over $1 trillion in student loans on overvalued degrees?

Instead of forgiving debt why isn't the focus on why college cost so much and looking for ways to lower the cost?

 

[otto105]

Oh so that only applies to people who take out student loans if you took out a loan to start a business or expand one or if you are one of the many who have honored their obligations by paying back all their student loan debt well tough shit you just get fucked over for doing the right thing good to know.

No, to every form of higher education.

You never heard of TIF financing districts? Small business administration?

Just quit whining fuckup.

 

[blackhawk]

No, to every form of higher education.

You never heard of TIF financing districts? Small business administration?

Just quit whining fuckup.

That does not forgive loans when you become honest enough to admit what this student loan forgiveness is really about bribes for votes get back to me till then kiss off you dishonest little fuckwade.