Why are leftists crying about the student loan “burden” and not the car loan “burden”?

[Dekster]

Between this and the moronic SCOTUS decision on abortion.

The abortion decision is already costing them. They just don't see it yet.

 

[Lisa558]

I see.
That's the way it usually goes. The people who quote Fox News usually say they don't watch Fox News.

You shouldn't blame the victims (students) of this debt crisis.
If you are going to blame someone go all the Way back to Ronald Reagan and his ridiculous trickle-down economic theory and his redistribution of wealth towards the top tier (wealthy) and away from the middle class and the poor.

And you can also blame every single Republican since Ronald Reagan who has spouted trickle-down economic theory as a cure for our failing economy.
They are full of shit and they know it but it is the only way they can justify tax cuts for the rich at the expense of the middle class.

REPUBLICAN policies are at tge root of this student loan debt crisis.....just like they are the underlying cause of everything else wrong with our crippled economy.

That....and it is just the nature of capitalism to turn in on itself and consume itself eventually.
Like a snake swalliwing it's own tail.

"Over the 30 years between 1991-92 and 2021-22, average tuition prices more than doubled, increasing to $10,740 from $4,160 at public four-year colleges, and to $38,070 from $19,360 at private institutions, after adjusting for inflation, according to the College Board.

Wages haven't kept up. "Household income has been stagnant," said higher education expert Mark Kantrowitz."

This is how student loan debt became a $1.7 trillion crisis

Every year millions of new students are pumped into the federal loan system while current borrowers struggle to exit it.

www.cnbc.com

And? Wages haven’t kept up, so let’s give a break to a small segment of the population, even if it makes things worse for everyone else.

Plus, subsidizing tuition costs will just drive them higher. (Dems think the answer to everything is to spend OPM on it.) Get government assistance out of college costs entirely, and watch prices come down.

And finally, do students really need to live in in-campus apartments, have water parks, and a slew of restaurants on campus? It’s like a four-year resort vacation! What’s wrong with a cinderblock dorm room, with a communal bathroom down the hall, and a large cafeteria-style dining hall?

 

[Lisa558]

The abortion decision is already costing them. They just don't see it yet.

Abortion is pretty far down the list of people’s concern. They’re much more worried about the 40-year high inflation and the millions of lowlife illegals swarming in.

 

[Lisa558]

Here’s another thought: The secretaries and car mechanics of the nation are also subsidizing the college tuition of young adults in their 20s, living in the million dollar home of their parents, whose HHI is $300,000 or $400,000 a year.

 

[MagicMike]

Here’s another thought: The secretaries and car mechanics of the nation are also subsidizing the college tuition of young adults in their 20s, living in the million dollar home of their parents, whose HHI is $300,000 or $400,000 a year.

Wow!
You sure have some whacked-out misinformed opinions of life in America in general and the life of college students and young adults in particular!

But by all means don't hold back.
Feel free to vomit those opinions on others!

Btw, what is YOUR education level?
Are you a Trump University student by any chance?

 

[WEATHER53]

Libs think they don’t make bad decisions and don’t have to be responsible for them. It’s the abandonment of reality we have suffered under since the witch hunting started.

 

[Lisa558]

Wow!
You sure have some whacked-out misinformed opinions of life in America in general and the life of college students and young adults in particular!

But by all means don't hold back.
Feel free to vomit those opinions on others!

Btw, what is YOUR education level?
Are you a Trump University student by any chance?

Grad degree, undergrad Phi Beta Kappa. Any other personal questions?

Undergrad…..I lived in a cinderblock dorm room and ate in the Student Center cafeteria. College campuses today resemble a resort.

 

[Lisa558]

Libs think they don’t make bad decisions and don’t have to be responsible for them. It’s the abandonment of reality we have suffered under since the witch hunting started.

Libs want to excuse irresponsible behavior and give a smack in the mouth to those who live responsibly, pay their debts, and exercise discipline. We all remember how Obama scolded small businesses owners with “you didn’t build that!”

One of the ways the Dems plan to get people to accept socialism is to get them to be comfortable with the idea of getting other people to provide for you.

 

[BluesLegend]

An educated workforce is the backbone of a strong nation.

I see, then the education should easily allow students to pay off their loans.

 

[candycorn]

An educated workforce is indeed the backbone of a nation. However, an entitled 18-year old and their parents who take on a $200k loan to attend a private college three time zones away and major in some bullshit degree for which there is no market and now expect the US taxpayer to pick up the tab, is going to erode that backbone of the nation.

Keeping with the theme of an educated nation, what is more valuable to the nation is the 18 year old who goes to trade school and gets skills for which there is demand, the 18-year old who attends two year community college and then finishes up at a four year state university and ends up with a more manageable $50k loan and a degree for which there is job demand, or the 18-year old that enters the Military and gets skill sets from the Military and College tuition. These are the 18 year olds that represent the backbone of our nation. The $200K loan entitled one with the degree to nowhere will erode our nation.

Somehow someone taking out a student loan is seen as "entitled" by the ignorant right.

Are you on crack?

 

[LeftofLeft]

Somehow someone taking out a student loan is seen as "entitled" by the ignorant right.

Are you on crack?

Where did I say that? I didn’t. I pointed out the difference between an egregious loan of a couple hundred thousand dollars to go to a private school in another time zone and get a major for which there are no job prospects and expect the taxpayer to pick up the tab (the entitled one) vs. taking out a loan for a lower amount to attend state schools or trade schools locally and earn a degree for which there are jobs. Big Difference.

 

[candycorn]

Where did I say that? I didn’t. I pointed out the difference between an egregious loan of a couple hundred thousand dollars to go to a private school in another time zone and get a major for which there are no job prospects and expect the taxpayer to pick up the tab (the entitled one) vs. taking out a loan for a lower amount to attend state schools or trade schools locally and earn a degree for which there are jobs. Big Difference.

However, an entitled 18-year old and their parents who take on a $200k loan

 

[LeftofLeft]

Exactly

 

[MagicMike]

Libs want to excuse irresponsible behavior and give a smack in the mouth to those who live responsibly, pay their debts, and exercise discipline. We all remember how Obama scolded small businesses owners with “you didn’t build that!”

One of the ways the Dems plan to get people to accept socialism is to get them to be comfortable with the idea of getting other people to provide for you.

You mean like the wealthy in our country?

 

[JoeB131]

why do you think forgiving 10k for student borrowers is a winner?

How can it not be? Millions of students getting relief, millions of their parents knowing they can finally get them off the couch.

Just between you and me, I am totally disgusted with these idiots.

Here’s how I paid for my college: two academic scholarships, which covered almost two-thirds. I worked part-time during semesters, and full-time during summer, winter, and spring breaks. (No loans.)That of course left no money (or time) to go to Stowe during the winter or Cancun during the spring, and I for sure couldn’t go abroad for junior year.

At the same time, classmates who took out loans DID go on winter and spring breaks - they didn’t have to work - and effectively used their student loan money to pay for it. Now why should the kid who worked have to pay off the loans others used to go on ski trips and beach vacations?

Okay, here's how I did it.

I joined the Army. I worked two minimum wage jobs.

And that couldn't be done by most kids today.

I'm sorry you didn't get to enjoy being young... but you don't seem like the kind of person who ever enjoys herself.

 

[busybee01]

Adults, both college grads and non-college grads, have car loans. So why are leftists crying about student loan payments - “waaaa…..they’re being crushed” by having to repay their debt. - and nary a word about car loans, which is actually MORE, on average, than a student loan?

IOW, why are leftists crying that college-educated professionals need debt relief, to be paid for by other people, and yet shrug their shoulders over the car loans that high school grads struggle to pay? After all, they all knowingly borrowed money and agreed to pay it back.

Because student loans are larger than car loans. The reason that we have issues is that red states especially have underfunded colleges. This has forced students to shoulder more of the cost.

 

[JoeB131]

You have an interesting criterion for picking "winners". My idea of winning is fair and equal treatment of all American citizens. This is a stunt and and a clear over-reach of Presidential powers in order to scrape up more votes for the Democratic Party.

Someone getting something takes nothing away from me.

As stated, I paid for my college by joining the Army... So I'd say I have all of you beat on "Virtue" stories.

And I have no problem with Biden doing this.

 

[MagicMike]

I see, then the education should easily allow students to pay off their loans.

Well ideally it should...in a healthy economy.
Our economy however is in the final stages of a dying capitalistic economic system.
The signs are all around us.

 

[busybee01]

why do you think forgiving 10k for student borrowers is a winner?

Polling shows a majority support this rather than a complete bailout.

 

[struth]

Polling shows a majority support this rather than a complete bailout.

i can understand that. but i think you are being to general …the polls show a bailout for those in need

personally, i think the blow up comes from the obama/xiden take over of student loans, they should clean them all off.

tell the people we were wrong for federalize student loans…and move away