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Message
re: Supreme Court strikes down student loan forgiveness plan as unlawful
Posted on 6/30/23 at 8:58 pm to dawgfan24348
Posted on 6/30/23 at 8:58 pm to dawgfan24348
quote:
Classic right wing frick the common man response
From the voter of the party that is 2.5 years into completely decimating the middle class.
quote:
Forgiving student loans allows all those people to spend more money pumping it back into the economy.
And restricts the money the people that paying off the loans have to put back in the economy.
quote:
If you’re actually worried about your money helping out people
I’m not worried about that in the slightest. There are plenty of gofundme freeloaders you’re free to give however much money you’re stupid enough to part with on your own without forcing others to do it.
quote:
assure you your tax money goes to far worse stuff than this
This is where you list out all of your stupid progressive causes.
This post was edited on 6/30/23 at 8:59 pm
0
Posted on 6/30/23 at 9:09 pm to Hateradedrink
quote:
Way more PPP fraud and somehow there aren’t near enough people clamoring about this.
Wait you think this board/site hasn't railed against PPP fraud?
Posted on 6/30/23 at 9:17 pm to Hateradedrink
quote:completely agree. But forgiving student loan debt doesn’t change that.
Legality of the student loan forgiveness was dubious as best and PPP was legal, but from a strictly moral standpoint, PPP was legal fleecing of the American public.
if anyone wants to argue that loan forgiveness is good for the economy I’m all ears but I haven’t seen that argument. All I’ve seen is that this is somehow owed to them because of evil lenders and high prices or something
and as another guy said this is necessary checks and balances. I don’t agree at all with many of the decisions this court has made but this one was the right one, regardless of how they got there
Posted on 6/30/23 at 9:24 pm to SlowFlowPro
I think this board has railed plenty against the fraud.
But I think the PPP program itself was just a load of shite. There were an absolute frick LOAD of businesses that did BETTER during covid and those businesses still received hundreds of thousands in free money. I mean shite I know of one or two business owners who were significantly negatively effected by covid and declines in tourism.
I know about 12 other small business owners, all who received PPP money, who's businesses all had MEGA years in 2020 and 2021.
My employer received 500k in PPP money, every penny forgiven. We had the best year ever. All got large bonuses.
It's just kind of irritating when people claim PPP was "different" because the government shut down everyone's business. It's a gross exaggeration to hand waive away a GIGANTIC handout.
But I think the PPP program itself was just a load of shite. There were an absolute frick LOAD of businesses that did BETTER during covid and those businesses still received hundreds of thousands in free money. I mean shite I know of one or two business owners who were significantly negatively effected by covid and declines in tourism.
I know about 12 other small business owners, all who received PPP money, who's businesses all had MEGA years in 2020 and 2021.
My employer received 500k in PPP money, every penny forgiven. We had the best year ever. All got large bonuses.
It's just kind of irritating when people claim PPP was "different" because the government shut down everyone's business. It's a gross exaggeration to hand waive away a GIGANTIC handout.
Posted on 6/30/23 at 9:50 pm to dawgfan24348
quote:Where do you think the money comes from? The only money given to those people comes OUT of the economy first.
Forgiving student loans allows all those people to spend more money pumping it back into the economy.
Posted on 7/1/23 at 6:35 am to Taxing Authority
quote:the printer. Duh
Where do you think the money comes from?
Posted on 7/1/23 at 7:24 am to WPBTiger
quote:
MFA’s
Posted on 7/1/23 at 7:54 am to WPBTiger
I wasn’t a fan of Biden’s forgiveness plan, but I do recognize the student loan system is broken and needs some sort of overhaul
Posted on 7/1/23 at 8:14 am to Seeker
quote:they are forced are they?
Many young adults are forced
Posted on 7/1/23 at 8:19 am to Seeker
quote:
Many young adults are forced into significant, long term debt right into early adulthood.
Posted on 7/1/23 at 8:22 am to Martini
quote:
How about the government forgive my mortgage?
Great point. The fact that you went into debt for something of value versus going into debt for an obscenely overpriced and very frequently useless "education" should not be a factor in the priority of government handouts.
Posted on 7/1/23 at 8:32 am to dawgfan24348
quote:
Forgiving student loans allows all those people to spend more money pumping it back into the economy.
How about the government just gives out $1 million checks! That’s even more money into the economy!
This post was edited on 7/1/23 at 8:51 am
Posted on 7/1/23 at 8:33 am to Barrister
Student loan system is broken. Why are low interest loans not available any longer? My grandson is a freshman at an in-state school. Cost is $20k. A friendly loan from Sally Mae costs $80k if paid back on schedule. That is for his freshman year alone.
Instead of student loan forgiveness, we should be providing low interest access. It is the accrued interest that is making it difficult on these kids.
Instead of student loan forgiveness, we should be providing low interest access. It is the accrued interest that is making it difficult on these kids.
Posted on 7/1/23 at 8:36 am to KWL85
quote:
Student loan system is broken. Why are low interest loans not available any longer? My grandson is a freshman at an in-state school. Cost is $20k. A friendly loan from Sally Mae costs $80k if paid back on schedule. That is for his freshman year alone.
Instead of student loan forgiveness, we should be providing low interest access. It is the accrued interest that is making it difficult on these kids.
Well when you create a system that high schoolers can take out loans that cannot be discharged in bankruptcy, it's going to cause colleges to charge insane amounts of money because they have zero skin in the game.
Posted on 7/1/23 at 8:40 am to WPBTiger
I would be okay with them repaying 10k of all student loans
IF
1. Federal Government was forbidden to every back student loans again.
2. Only allow grants for those in Stem programs with a >3.0 gpa
IF
1. Federal Government was forbidden to every back student loans again.
2. Only allow grants for those in Stem programs with a >3.0 gpa
Posted on 7/1/23 at 8:40 am to Jcorye1
Tuition inflation was already high and then the Federal government stepped in and guaranteed all student loans (early 00s?) and everything skyrocketed.
Posted on 7/1/23 at 8:41 am to Byron Bojangles III
quote:\
I don't want corporations to buy the government. which is what happens.
I don't want govt running corporations either. Which is what is happening.
Posted on 7/1/23 at 8:43 am to DVinBR
quote:
it's almost like you have to be responsible and pay back borrowed money, imagine that, being responsible
Leftists do not believe in personal responsibility.
Posted on 7/1/23 at 8:48 am to JohnnyKilroy
quote:
My employer received 500k in PPP money, every penny forgiven.
Chump change. The Catholic Church got $3 billion in PPP to pay molestation settlements
Posted on 7/1/23 at 8:51 am to SlowFlowPro
Not relative to the sheer amount of fraud and waste that took place.
The outrage/fraud ratio is completely fricked and I frankly can’t take anyone seriously that isn’t constantly bitching about PPP but whines about other shite like food stamps.
The outrage/fraud ratio is completely fricked and I frankly can’t take anyone seriously that isn’t constantly bitching about PPP but whines about other shite like food stamps.
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