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Started By
Message
re: School loan repayment begins Oct 1st. Students are scrambling to set up loan repayment.
Posted on 9/29/23 at 5:09 pm to Contrary
Posted on 9/29/23 at 5:09 pm to Contrary
quote:
trick the population into thinking their school loans would get paid in order to motivate them to vote blue at mid terms is the biggest travesty in the last 50 yrs. People spent their money in other areas during the halt thinking those loans were GONE
Politician didn't deliver on campaign promise... News at 11
I would think people would appreciate the long halt on the payments without accruing interest. Seems like a pretty damn good deal already
1
Posted on 9/29/23 at 5:09 pm to Contrary
quote:
However, if the fricking federal govt can "give" away billions upon billions of dollars to the middle east, Ukraine and other countries
This actually made me pause and think, but I would just say no more money to Ukraine and pay your loans back. It’s nobody else’s fault or responsibility when someone takes on debt.
Posted on 9/29/23 at 5:10 pm to Deactived
quote:
I would put the attempted coup to oust a sitting president
Was it also a coup when protesters stormed the SCOTUS confirmation hearings, trying to stop a government process?
I’m sure that’s going to be completely different though, right?
Posted on 9/29/23 at 5:11 pm to Contrary
quote:
However, if the fricking federal govt can "give" away billions upon billions of dollars to the middle east, Ukraine and other countries, no one says a word about it, why not invest "instead" in "our" future and pay some school loans off?
No one gets rich when they do that.
Posted on 9/29/23 at 5:11 pm to Contrary
Repayers have had plennnnty of time to get set up
Posted on 9/29/23 at 5:11 pm to Dawgfanman
quote:agreed. But many others put it off as being done and paid for and many built up other debt instead. Add now the school loans show back up and many will be behind.
quote:
Well hopefully you got a good career to support that! My daughter is a cpa(certified) and makes pretty good(100k) but she owes 40k.
Sounds like money well spent and something she’ll be able to easily afford to repay.
Posted on 9/29/23 at 5:12 pm to EST
quote:how? Is she a teacher?
My sister logged in to get up to date on her repayments and found to her surprise that her loan had been forgiven.
Posted on 9/29/23 at 5:13 pm to Contrary
quote:
many built up other debt instead. Add now the school loans show back up and many will be behind.
Sounds like they were doomed to fail anyways, if that is their approach to finances.
Posted on 9/29/23 at 5:14 pm to Contrary
What is a “loan repayment?”
Posted on 9/29/23 at 5:15 pm to Contrary
quote:
agreed. But many others put it off as being done and paid for and many built up other debt instead. Add now the school loans show back up and many will be behind.
Good. Maybe they’ll get that new car repo’d, lose their house or whatever. Irresponsible behavior without consequences leads to more irresponsible behavior. I’m not gonna feel sorry for people who took on more debt than they can handle. I make good money and have damn near perfect credit. I could go buck wild on debt, but I don’t. Because I grew up poor as frick. frick people who can’t control themselves.
Posted on 9/29/23 at 5:15 pm to Pelican fan99
quote:
why would I do that with 0% interest?
Well you're one of the fortunate ones.
A lot of folks don't realize that during the "break", interest has still been accruing on their loans...
Posted on 9/29/23 at 5:15 pm to Centinel
quote:
Was it also a coup when protesters stormed the SCOTUS confirmation hearings, trying to stop a government process?
I’m sure that’s going to be completely different though, right?
Fwiw the president I am talking about is Trump. The coup was against him
Posted on 9/29/23 at 5:17 pm to deernaes
quote:where has this been the case? At least for federal loans it’s been frozen
Well you're one of the fortunate ones. A lot of folks don't realize that during the "break", interest has still been accruing on their loans...
Posted on 9/29/23 at 5:18 pm to Deactived
And there wasn’t a coup attempt against him either. Just your run of the mill ballot harvesting and media interference.
Using the term coup has a very specific meaning.
Using the term coup has a very specific meaning.
Posted on 9/29/23 at 5:18 pm to Contrary
quote:
why not invest "instead" in "our" future and pay some school loans off?
Because you create a moral hazard where no one repays their debt.
quote:
Joe Biden lied to everyone on a national stage knowing this would never pass just to trick the population into thinking their school loans would get paid in order to motivate them to vote blue at mid terms is the biggest travesty in the last 50 yrs.
Pausing student loans started under Trump.
quote:
People spent their money in other areas during the halt thinking those loans were GONE.
People think a lot of stupid things and make a lot of bad financial decisions. This would be an example of both.
Your daughter’s loans have had a 0.0% interest rate for 3.5 years. How much more of a handout does she need to get ahead.
Posted on 9/29/23 at 5:18 pm to Dawg7730
quote:if your read my post you would know my daughter can easily pay her loans back. She has an excellent career. Others are not so fortunate. The 100s of billions we give to other countries, we shouldn't have to pay for either, so why not give that money back to us? This went right over your head.
Tell her to stop waiting for a handout and be an adult honoring her obligation. We didn’t run up her debt and shouldn’t have to pay for it
This post was edited on 9/29/23 at 5:44 pm
Posted on 9/29/23 at 5:19 pm to Contrary
If these two conditions existed:
1. the government was not involved in college loans
2. college loans could be discharged with bankruptcy
Then ……. College would cost 35% of what it does now.
1. the government was not involved in college loans
2. college loans could be discharged with bankruptcy
Then ……. College would cost 35% of what it does now.
Posted on 9/29/23 at 5:20 pm to Contrary
Tell your daughter to work the pole and pay back her debt.
Posted on 9/29/23 at 5:20 pm to Centinel
quote:
And there wasn’t a coup attempt against him either. Just your run of the mill ballot harvesting and media interference.
Using the term coup has a very specific meaning.
We had people in the government that made up 'evidence' to impeach him and relieve him of his duties.
What would you call that?
Posted on 9/29/23 at 5:21 pm to 7LSU7
quote:you must be a real work of art and a pos.
Tell your daughter to work the pole and pay back her debt.
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