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Message

re: When do the DEMs/Biden get serious about some Student Loan Forgiveness?

Posted on 1/31/22 at 7:42 am to
Posted by riccoar
Arkansas
Member since Mar 2006
3070 posts
Posted on 1/31/22 at 7:42 am to
quote:

never vote for them for the rest of my life.


I reached that point with anything Democrat post Bill Clinton
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425837 posts
Posted on 1/31/22 at 7:43 am to
quote:

Pay off YOUR debts, bum!

I swear some of you cannot read.
Posted by dakarx
Member since Sep 2018
6955 posts
Posted on 1/31/22 at 8:19 am to
My guess, they'll push something through the House just to watch the Senate burn it down just before the mid-terms, by design so they can point the finger at the R's... screaming 'see what the the R's did!!!!' all the way to the election.!
Posted by Bearcat90
The Land
Member since Nov 2021
2955 posts
Posted on 1/31/22 at 8:22 am to
Chances are there are a lot of LSU football fans in here and they won't like this factoid: college athletics is not only killing education, but it's also the reason all of the liberalism began leaking into them. Colleges should have intramural athletics for students, scrap the professional system they've had in place for decades now.

Paying guys like Nick Saban 15 million a year and building billion dollar stadiums and the hundreds of millions they waste on these programs every year to serve as NFL minor leagues serves zero purpose to better society and also makes education costs go through the roof. Plenty of documentation online that proves the vast majority of all major colleges lose tens of millions a year on their football program alone. Scrap all college athletics IMHO. Club teams and intramural are all that should be allowed.

I am sure I will get dozens of thumbs down but anyone who went to college over 25 years ago knows that a college education used to be reasonably costed. Now kids end up with 100-200k loans that some will likely never be able to pay back.

Same goes for allowing our tax dollars to be spent on any foreigners attending our schools. There are almost 1 million, yes ONE MILLION Chinese nationals now in our colleges.
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 1/31/22 at 8:23 am to
quote:

Seriously. If the Dems do this, it will piss me off and never vote for them for the rest of my life.
seriously, so loans is a bigger deal for you than murdering fetuses? if you vote democrat, you're already a pos.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47192 posts
Posted on 1/31/22 at 8:24 am to
quote:

I have to imagine this is inevitable and the only reason something hasn't happened yet is they want this bullet in the chamber for emergencies.



Complete Federal decriminalization of Weed.

2nd bullet in the chamber.
Posted by stephenJ
Member since May 2012
25 posts
Posted on 1/31/22 at 8:25 am to
It took me 17 years to pay off my college loans, but I paid them off.

So unless a Biden plan gives me a refund to the amount that he is forgiving loans now, then I say hell no to loan forgiveness.
This post was edited on 1/31/22 at 8:27 am
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71690 posts
Posted on 1/31/22 at 8:28 am to
I think inflation currently has this issue DOA. Biden got elected because he was seen as more centrist, yet he's been anything but (see approval rating). If they continue to frick with the economy, they risk never getting elected again.
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 1/31/22 at 8:30 am to
quote:

I don't think they will offer some crazy "forgive all loans" policy but some relief, say


Just drop all direct federal student loans to a 1% interest rate with 15 years or 180 minimum payments before forgiveness.
This post was edited on 1/31/22 at 8:31 am
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/31/22 at 8:32 am to
If what Beck is saying about the federal reserve is true, that we know for a fact 30T was given out to banks around the world to bail them out during the last recession when they said it was 5T, and that they have been giving banks a trillion every week for most of the duration of the pandemic on top of the money printing, our fates are sealed and everyone in this country is fricked. We are staring down a crash of epic proportions in western countries.

This is why Deagle thinks there will be 66-100 million people in this country by 2025 (or shortly after)
This post was edited on 1/31/22 at 8:38 am
Posted by moneyg
Member since Jun 2006
56940 posts
Posted on 1/31/22 at 8:33 am to
quote:

They should make it dischargeable in bankruptcy like any other loan


...then they should require collateral or very good credit.

The loans they are giving wouldn't be given under normal loan circumstances.

If government wanted to play a better role in this than it does, it would allow people to take out loans, but repayment would be a 10% garnishment of wages until the loan is paid off.
This post was edited on 1/31/22 at 8:34 am
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61496 posts
Posted on 1/31/22 at 8:34 am to
They'll probably pause payments again once the previous pause expires in May.
Posted by bird35
Georgia
Member since Sep 2012
12364 posts
Posted on 1/31/22 at 8:37 am to
Student loans are an investment which increases the borrower’s income for the rest of their life.

I used my loans to get degrees that I use to make a decent living.

Why should I expect people who don’t make the kind of money I do to pay off MY loans.

Taking money from the lady who works at the grocery store to pay off the student loans of her doctor is ridiculous.

The doctor makes good money let him pay off his loans.

Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17542 posts
Posted on 1/31/22 at 8:39 am to
They are too busy ignoring the “Clear and Present Danger” on the Southern Border while looking like a pussy to China, Iran and Russia…..oh and learning about inflation from his haggard arse wife’s friends!
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37308 posts
Posted on 1/31/22 at 8:41 am to
quote:

Universities need to back student loans, not the government



Most universities are the government...
Posted by PUB
New Orleans
Member since Sep 2017
18389 posts
Posted on 1/31/22 at 8:43 am to
The corrupt "Squad" owes hundreds of thousands when combined.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37308 posts
Posted on 1/31/22 at 8:46 am to
quote:

Paying guys like Nick Saban 15 million a year and building billion dollar stadiums and the hundreds of millions they waste on these programs every year to serve as NFL minor leagues serves zero purpose to better society and also makes education costs go through the roof. Plenty of documentation online that proves the vast majority of all major colleges lose tens of millions a year on their football program alone. Scrap all college athletics IMHO. Club teams and intramural are all that should be allowed.


Most of that money is made up by donations to private foundations such as TAF.

quote:

I am sure I will get dozens of thumbs down but anyone who went to college over 25 years ago knows that a college education used to be reasonably costed. Now kids end up with 100-200k loans that some will likely never be able to pay back.


The kids that are grading undergrad with 100-200K in loans are going to private schools many of which play small division sports. Or they are going to out of state public universities and borrowing everything.

Sports spending is out of control, yes, but it can't be tied to higher student loan debt.

quote:

Same goes for allowing our tax dollars to be spent on any foreigners attending our schools. There are almost 1 million, yes ONE MILLION Chinese nationals now in our colleges.


Most of whom are paying full tuition plus a bunch of international fees.
Posted by LSUisKING
Edgard
Member since Dec 2007
2936 posts
Posted on 1/31/22 at 8:46 am to
So if I already paid mine back, do I get a check or what?
Posted by MorningWood
On the coast of North Mexico
Member since May 2009
2679 posts
Posted on 1/31/22 at 8:47 am to
So you want the uneducated blue collar middle class to pay for the debit the college educated incurred. frick off and I have a degree I paid for.

Be a man and pay your debt
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99806 posts
Posted on 1/31/22 at 8:47 am to
quote:

quote:
They should make it dischargeable in bankruptcy like any other loan


...then they should require collateral or very good credit.

The loans they are giving wouldn't be given under normal loan circumstances.


i agree.
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