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re: Why is everybody so upset over student loans?

Posted on 8/28/22 at 9:38 am to
Posted by Diamondawg
Mississippi
Member since Oct 2006
32516 posts
Posted on 8/28/22 at 9:38 am to
quote:

I hate all of it, but I’m not sure why one should produce more ire than the other.

Once you start an entitlement program it never gets smaller and it can't be taken back. Student loans were given and a signature of the borrower is on the contract. I don't like all of those things but student loan deal is a matter of principle. The bigger deal is will they change or just wash and repeat the next time a demon is *president again.
Posted by NineLineBind
LA....no, the other one
Member since May 2020
7049 posts
Posted on 8/28/22 at 9:42 am to
quote:

We’ve been doing this for sixty damn years plus!

A. We keep adding straws to the camel’s back. When will it break? Is this the one?
B. People who have done things the right way are getting screwed, much like legal immigrants get screwed by line cutters.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
80375 posts
Posted on 8/28/22 at 9:44 am to
quote:

Why is everybody so upset over student loans?


It’s an unabashed attempt at buying votes. That’s a big reason.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 8/28/22 at 9:48 am to
Because, we can't keep making mistakes and throwing money at them, as a whole.

We are broke, idiot
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 8/28/22 at 9:52 am to
knee jerk propaganda.

people run for office and try to use anything to win an edge with a demographic.

they run against apple pie too.
Posted by Langland
Trumplandia
Member since Apr 2014
15382 posts
Posted on 8/28/22 at 9:55 am to
quote:

Why is everybody so upset over student loans?

I agree with you. It's all bs. Those other things you mentioned have been normalized in people's minds. The tax payers (the produces) getting fricked over by student loans is still new.
Posted by armsdealer
Member since Feb 2016
11551 posts
Posted on 8/28/22 at 9:56 am to
quote:


I hate all of it, but I’m not sure why one should produce more ire than the other.


The fastest way to get downvotes here is to make a factual statement about Trump spending. This spiral started with Bush, and both sides have pushed spending harder and harder each cycle.

It is only bad when the other side spends because their side had a good reason for the spending...
Posted by Masterag
'Round Dallas
Member since Sep 2014
18856 posts
Posted on 8/28/22 at 9:58 am to
quote:

why are plumbers, electricians, and other hard-working, non-college educated Americans being forced to pay for someone else’s so-called education? It just isn’t right.


Fair point, but college educated folks have been paying welfare, etc. for non college educated folks for decades. Not saying they all receive this benefits, but many do.
Posted by BayouBlitz
Member since Aug 2007
15870 posts
Posted on 8/28/22 at 9:59 am to
Because people love to have things to be angry about.

Nobody is going to pay more taxes to pay off student loans. So there is no issue there.

People are just mad that this happened after they paid off student loans.

I worked through college and had a small student loan that I paid off. I'm not upset. College is way over priced and shouldn't leave graduates with 20k debt.
Posted by H2P
Member since Jun 2021
1260 posts
Posted on 8/28/22 at 10:00 am to
Cough cough. Open border, Ukraine, mail in voting, dominion, Hunter, Pelosi, Cough cough.
Posted by mtntiger
Asheville, NC
Member since Oct 2003
26712 posts
Posted on 8/28/22 at 10:00 am to
I get upset with ALL of it.

Student loans are just one of the many problems government either created or made worse. It's not what our elected representatives are supposed to be doing.
Posted by Bass Tiger
Member since Oct 2014
46686 posts
Posted on 8/28/22 at 10:01 am to
quote:

When the government hands out hundreds of billions every year On Medicaid, food, housing, etc. and another few hundred billion on pork packages to their buddies in the private sector. I hate all of it, but I’m not sure why one should produce more ire than the other.


Why? Because the hundreds of thousands of dollars the federal government will have taken from the average middle class household in taxes over 40-50 years will never be enough to satisfy their deficit spending....
Posted by Privateer 2007
Member since Jan 2020
6280 posts
Posted on 8/28/22 at 10:01 am to
quote:

trump spending


Trump grew the economy with the spending.
He kept debt to gdp ratio from growing.

I'd rather shrink debt, but if we grow debt, but also GDP at same rate, I can live with that.
Posted by HonoraryCoonass
Member since Jan 2005
18175 posts
Posted on 8/28/22 at 10:12 am to
quote:

On Medicaid, food, housing, etc.


How many of the people on Medicaid, food stamps, and Section 8 signed legal documents saying they would pay that money back? None. Student loans weren’t originally government giveaways like those other things you mentioned. It’s also an issue of fairness.
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 8/28/22 at 10:13 am to
The switch from “this is a good idea because…” to “why you mad, bro?” is a sure signal the argument of merit has completely failed.
Posted by imjustafatkid
Alabama
Member since Dec 2011
51111 posts
Posted on 8/28/22 at 10:14 am to
I'm equally as outraged by those spending programs.
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 8/28/22 at 10:17 am to
quote:

Fair point, but college educated folks have been paying welfare, etc. for non college educated folks for decades. Not saying they all receive this benefits, but many do.

We ‘re rapidly running out of “other people’s money” to pay our bills with. Inevitable end to all socialist endeavors.
Posted by oldskule
Down South
Member since Mar 2016
15568 posts
Posted on 8/28/22 at 10:18 am to
You need to take a class in economics, along with Biden.
Posted by thetempleowl
dallas, tx
Member since Jul 2008
14928 posts
Posted on 8/28/22 at 10:23 am to
quote:

Why is everybody so upset over student loans?


before I get annoyed, lets see what he says...

quote:

When the government hands out hundreds of billions every year On Medicaid, food, housing, etc


maybe some of us are annoyed with the overdependence of people on the money of other people and not themselves.

quote:

another few hundred billion on pork packages to their buddies in the private sector.


it has been estimated between 4 and 800 billion dollars. So the president just saying hey, lets pay a half of trillion dollars when he has no legal authority to do so should incense people. Let alone he is doing it during an inflationary cycle that he has produce and he has propagated by the previous 800 billion law the dems got passed by reconciliation.

So, during an inflationary cycle, Biden has just thrown over 3 trillion dollars on top of the budget already which already runs a large deficit.

Are you trying to tell me this makes sense?

quote:

I hate all of it, but I’m not sure why one should produce more ire than the other.


Because some are law and has been law for decades and was legally passed by idiot politicians.

This one is a brand new expenditure which the potato has no right to do. The president does not control the purse strings.

So to rehash...

1. Its a new expenditure.
2. Its likely unconstitutional.
3. It is being spent during an inflationary cycle. What will happen when you increase spending during an inflationary cycle?
4. It is one more fricking horrible choice by the potato. Actually not the potato. The potato doesn't have the ability to formulate these ideas...

Actually maybe he does. We always say the rules that progs want to pass sound like they are made by a senile old potato...

Well well...
Posted by BigJim
Baton Rouge
Member since Jan 2010
14543 posts
Posted on 8/28/22 at 10:29 am to
quote:

How many of the people on Medicaid, food stamps, and Section 8 signed legal documents saying they would pay that money back? None. Student loans weren’t originally government giveaways like those other things you mentioned. It’s also an issue of fairness.


This. Medicaid and food stamps, etc are "welfare" in the sense they are designed to help those that don't have means. We can argue about waste and effectiveness, but most people (expect hardcore libertarians) agree with the concept of helping those less fortunate.

Student loans are a 100% voluntary action that are, essentially, an investment in yourself. People made bad investments and want others to bail them out. Why? It isn't society's fault you got an MBA from Tufts. Or an liberal arts degree from Reed (or frankly almost anywhere).

An individuals choses to go to college, they chose which college to attend and their major. That's at least three bad decisions you have to make. I am not sure why anyone except the decision maker should deal with the consequences.

Now there are exceptions. If you got cancer and had to drop out; that is a special circumstance. If you were the victim of fly-by-night predatory "college," that's different. The loan forgiveness programs are not targeted to those people.

Hell, why not pay off people's VISA cards?



This post was edited on 8/28/22 at 10:44 am
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