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Started By
Message
re: Biden leaning towards canceling 10K in student loan debt if u earn less than 125K
Posted on 8/23/22 at 10:43 am to Seen
Posted on 8/23/22 at 10:43 am to Seen
quote:
Gov't played a massive role in Covid stimulus when they forced people out of work during shutdowns, still doesn't make it right.
Federal gov should not have bailed out States that shut it down. Leads to more entitlement.
1
Posted on 8/23/22 at 10:45 am to Seen
quote:correct. i don't there are any/many supporters of loan cancellation here.
nless we've moved on from topic of this thread,
Posted on 8/23/22 at 10:45 am to Seen
quote:
That doesn't make it right ? Gov't played a massive role in Covid stimulus when they forced people out of work during shutdowns, still doesn't make it right
Yeah that's why I don't trust them to fix it.
Posted on 8/23/22 at 10:47 am to fallguy_1978
quote:
Yeah that's why I don't trust them to fix it.
I don't think fixing it is what they want to do. Bailing out isn't going to instantly lower the cost.
One day maybe policy makers will find a connection between subsides and higher cost. It must be so hard....
Posted on 8/23/22 at 10:47 am to RogerTheShrubber
quote:
Federal gov should not have bailed out States that shut it down. Leads to more entitlement.
I agree, shut downs never should have been allowed to begin with, especially with non state and non federal employees. A mayor or governor should not be allowed to shutdown restaurants, or even limit them and other businesses. That can of worms is open so I guess it's a free for all now. Maybe the government can cancel my loan for my riding mower I'm about to buy for my landscaping business
You know, since "things are more expensive now than they use to be"Posted on 8/23/22 at 10:48 am to GreatLakesTiger24
quote:
correct. i don't there are any/many supporters of loan cancellation here
Ok, well my bad, I wasn't sure. Just read 1st and last couple pages. I was arguing against nothing, carry on.
Posted on 8/23/22 at 10:49 am to GreatLakesTiger24
quote:
i don't there are any/many supporters of loan cancellation here.
there are a few
Posted on 8/23/22 at 10:50 am to RLDSC FAN
This would make it make sense for people making slightly over 125k with big student loans to take a pay cut. Interesting.
Posted on 8/23/22 at 10:50 am to Seen
quote:
I agree, shut downs never should have been allowed to begin with, especially with non state and non federal employees.
If they realize a bailout isn't coming and they're paying for it, they will have a much different policy.
Posted on 8/23/22 at 10:51 am to Dawgfanman
quote:
So the govt is going to give 10,000 to people earning twice the median income? Wtf?
Don’t worry, they’re hiring 80k+ new IRS agents to squeeze every dime out of those poor, unsuspecting bastards, as well as the rest of us. The middle class pays most of the bills in this country, no matter how any politician tries to spin it.
Posted on 8/23/22 at 10:51 am to GreatLakesTiger24
quote:
i don't there are any/many supporters of loan cancellation here.
And why would there be? TD is full of retard plant baws that didn't even go to college.
Now if Biden was going to cancel Ford F350 debt...
Posted on 8/23/22 at 10:54 am to RLDSC FAN
I think there are some professions that do deserve some form of student loan forgiveness.
Take for example veterinarians. They only make around 100k out of vet school but are forced to go into 300k debt for the degree.
Take for example veterinarians. They only make around 100k out of vet school but are forced to go into 300k debt for the degree.
This post was edited on 8/23/22 at 10:55 am
Posted on 8/23/22 at 10:59 am to RLDSC FAN
Does this just apply to government loans and not private student loans?
And is there a household income threshold? What if a husband makes 175k and has 3 dependents including a stay at home wife?
And what about current students? Assuming they’ll get a 10k haircut?
So many questions.
And is there a household income threshold? What if a husband makes 175k and has 3 dependents including a stay at home wife?
And what about current students? Assuming they’ll get a 10k haircut?
So many questions.
Posted on 8/23/22 at 11:00 am to Eric Nies Grind Time
quote:
I think there are some professions that do deserve some form of student loan forgiveness. Take for example veterinarians. They only make around 100k out of vet school but are forced to go into 300k debt for the degree.
They did this willingly as adults.
Posted on 8/23/22 at 11:02 am to CatfishJohn
quote:
Does this just apply to government loans and not private student loans?
Of course
quote:
And is there a household income threshold? What if a husband makes 175k and has 3 dependents including a stay at home wife?
125 single/ 250 mfj
quote:
And what about current students? Assuming they’ll get a 10k haircut?
If the make less than $125k and have student loans, of course
quote:
So many questions.
That are easy to answer
Posted on 8/23/22 at 11:04 am to CatfishJohn
quote:
They did this willingly as adults.
I scream as my dog lays dying with no one to care for it! Take that libs!
Posted on 8/23/22 at 11:04 am to CatfishJohn
quote:
And is there a household income threshold? What if a husband makes 175k and has 3 dependents including a stay at home wife?
If you take a second to think about it it's pretty easy to figure out the answer to this
Some of you have no idea how taxes and various incentives work and it shows big time. You'd think people on this board would get how this works after they bitched for months when trump gave most people checks a couple years ago.
Posted on 8/23/22 at 11:05 am to CatfishJohn
I mean we need that profession in society so I am glad they willingly did it. Their salary to debt ratio is not what I would consider equitable though.
Posted on 8/23/22 at 11:05 am to JohnnyKilroy
quote:
Some of you have no idea how taxes and various incentives work and it shows big time. You'd think people on this board would get how this works after they bitched for months when trump gave most people checks a couple years ago.
All this board does is talk politics and it has no idea the mechanics about what its so obsessed with
Posted on 8/23/22 at 11:06 am to CatfishJohn
quote:The ones who are having their debt forgiven also did this willingly as adults.
They did this willingly as adults.
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