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Why are Biden/Dems allowing new student loans?
Posted on 3/21/24 at 8:37 pm
Posted on 3/21/24 at 8:37 pm
Biden and the Dems say the student loans are predatory and people can't possibly repay them. So why are they allowing more people to take these loans today? Shouldn’t they shutdown all future student loans?
This post was edited on 3/21/24 at 8:38 pm
11
Posted on 3/21/24 at 8:43 pm to DaBike
How much is interest these days, they could have kept them at zero percent interest easily, that would have helped people more
This post was edited on 3/21/24 at 8:44 pm
Posted on 3/21/24 at 9:30 pm to DaBike
Posted on 3/21/24 at 11:18 pm to DaBike
You expect common sense from an old man with dementia who can't get to the toilet without shitting himself?
Posted on 3/21/24 at 11:38 pm to DaBike
FedGov took over student loan ownership in 2010, loan balances exploded. College costs increased. I was involved in the Information Security portion of a state bidding for the work.
The cost of university, loans, has been very closely tracked for decades. Nobody wants to hear it, even though it's reality. Where did that lazy river around the student center get paid from? Don't ask questions, take selfies, and bitch about your loan five years from now.
But they/them needs the Early American Women's Studies degree from an Ivy that costs $200k. Gotta fulfill wants of your electorate.
Where are the loans for the trade schools? Most of them will make far, far, more than most college graduates. I never would have gotten a degree if I knew how much I could make owning a trades business.
The cost of university, loans, has been very closely tracked for decades. Nobody wants to hear it, even though it's reality. Where did that lazy river around the student center get paid from? Don't ask questions, take selfies, and bitch about your loan five years from now.
But they/them needs the Early American Women's Studies degree from an Ivy that costs $200k. Gotta fulfill wants of your electorate.
Where are the loans for the trade schools? Most of them will make far, far, more than most college graduates. I never would have gotten a degree if I knew how much I could make owning a trades business.
Posted on 3/21/24 at 11:41 pm to DaBike
quote:
Why are Biden/Dems allowing new student loans?
Planting another crop to harvest with promises of "free" in future elections.
Posted on 3/22/24 at 12:04 am to DaBike
It’s simple. Cripple the younger generations with debt from out the gate so they can’t gain wealth as quickly while simultaneously leaving more wealth on the table for the older generations of the ruling class to hold onto. Most will struggle to repay the loans, and that is done intentionally. Because then you just keep promising them their student loans will be forgiven if they vote blue. Congratulations, you now have a young broke fool under your complete control.
Posted on 3/22/24 at 6:36 am to DaBike
because they don’t give AF about anything except getting votes to remain in power
Posted on 3/22/24 at 6:41 am to DaBike
quote:
So why are they allowing more people to take these loans today?
These loans are another wealth redistribution tool in their toolbox...
Posted on 3/22/24 at 7:01 am to DaBike
quote:
DaBikeWhy are Biden/Dems allowing new student loans?
Because it’s about buying votes not fixing the actual problem.
Posted on 3/22/24 at 8:08 am to DaBike
If they could find a way to get free college for everyone, they would.
This is the next best thing for them.
This is the next best thing for them.
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