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Message

re: Democrats' $50,000 student loan forgiveness plan

Posted on 2/5/21 at 2:21 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297141 posts
Posted on 2/5/21 at 2:21 pm to
quote:


Oh, so everyone just need to be an established adult at age of 17. Got it. It's so easy.


Sorry you failed

She works two summer jobs, paid for her car in cash, her schooling, works a job at the university in session.

She has good genes and a higher IQ than most of you who are begging for bailouts.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
44181 posts
Posted on 2/5/21 at 2:23 pm to
Guy where I work is so convinced that Biden is going to cancel student loan debt, he's going to UNO sort of.

He lives by UNO, so he registered for one class(never went/withdrew), so he could get on the meal plan. Says he gets a 120 meals for $900. All on federal student loans.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 2/5/21 at 3:09 pm to
The easy compromise here is to eliminate all student debt and then eliminate the Department of Education. The government can still back loans, but the universities will be required to administer and collect on loans.
Posted by 81Tiger
LSU Alumnus
Member since Sep 2009
6830 posts
Posted on 2/5/21 at 3:13 pm to
quote:

shite sandwich, I presume?


Food board
Posted by 81Tiger
LSU Alumnus
Member since Sep 2009
6830 posts
Posted on 2/5/21 at 3:13 pm to
quote:

shite sandwich, I presume?


Food board
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85397 posts
Posted on 2/5/21 at 3:17 pm to
Great. So I drove a fricking beater and diverted my retirement money into college funds for my kids from 1999- 2021. And all I get is higher taxes.Meanwhile, millions of free loaders with no plan and no sense get nuffin but that delicious gubment gravy. Nothing like punishing good behavior and rewarding irresponsible behavior. What could possibly go wrong? This freakin county just lol. Can the last person out please turn off the lights?
Posted by Abraham H Parnassis
Member since Jul 2020
2643 posts
Posted on 2/5/21 at 3:21 pm to
quote:

Oh, so everyone just need to be an established adult at age of 17. Got it. It's so easy.

What a gigantic, soggy pussy you are.
Posted by RIPMachoMan
Member since Jun 2011
8601 posts
Posted on 2/5/21 at 3:23 pm to
quote:

So if you worked your way through college you are a big fricking idiot.


First... Poli Board

Second, this is the one argument I agree with on this. Or even those parents who worked hard and saved to help their kids. How does this not totally give the middle finger to those who worked their way through in general
Posted by MikeHatesPETA
Member since Apr 2017
107 posts
Posted on 2/5/21 at 3:25 pm to
quote:

And around 38% of Black students who entered college in 2004 had defaulted on their student loans within 12 years — a rate three times higher than their White counterparts.



Not our fricking fault
Posted by ELLSSUU
Member since Jan 2005
7957 posts
Posted on 2/5/21 at 3:27 pm to
Man this is frustrating. I’ve been squirreling away money for college since before my kids were born.

How much of a dumbass am I for being a responsible adult parent?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85397 posts
Posted on 2/5/21 at 3:28 pm to
What do you get when you incentivize bad behavior? What do you get when you dis- incentivize good behavior? And what are the unintended consequences for the culture moving forward? It’s just lunacy.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14226 posts
Posted on 2/5/21 at 3:32 pm to
Dems are the kings of treating the symptoms not the problems, but their treatments make the underlying problem worse.

This will send the signal to colleges to charge whatever they want because the government will just pay. And this will send a signal to every kid that they can just chill for 4 years worry free because college will be free. People will treat college like a free 4 year weed and Xbox binge
Posted by ELLSSUU
Member since Jan 2005
7957 posts
Posted on 2/5/21 at 3:35 pm to
quote:

What do you get when you incentivize bad behavior? What do you get when you dis- incentivize good behavior? And what are the unintended consequences for the culture moving forward? It’s just lunacy.


This is correct. Hell both of mine are still in school. Maybe I should find out how to qualify the 2 kids.

Let Joe Taxpayer foot the bill for my new Porsche.
This post was edited on 2/5/21 at 3:37 pm
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14226 posts
Posted on 2/5/21 at 3:35 pm to
You’ll still need the money you’ve saved, this is similar to the minimum wage being raised. The baseline cost for college is about to go up because they know everyone has 50k in their pockets to start.
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
10720 posts
Posted on 2/5/21 at 3:39 pm to
They probably aren't serious.

They're just throwing shite at the wall to rile people up.

Same with BLM.

Same with Abortion.

Same with Gun Control

They can't afford to do this and they are well aware of moral and financial hazards of doing so. They're just a bunch of demagogues.
Posted by DevilDagNS
Member since Dec 2017
2960 posts
Posted on 2/5/21 at 3:40 pm to
quote:

I wonder what happens for people who refinanced or consolidated their student loans with a third party company.



Dumb move on their part.
Posted by ELLSSUU
Member since Jan 2005
7957 posts
Posted on 2/5/21 at 3:41 pm to
quote:

This will send the signal to colleges to charge whatever they want because the government will just pay. And this will send a signal to every kid that they can just chill for 4 years worry free because college will be free. People will treat college like a free 4 year weed and Xbox binge


And thus the other side of this problem. I’ve pounded on my kids to get good grades and it will pay off. They are both on scholarships. These loons took that scholarship incentive away for these kids. Everybody gets a trophy.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 2/5/21 at 3:46 pm to
quote:

She works two summer jobs, paid for her car in cash, her schooling, works a job at the university in session


So you work at a place where a child works? now that is funny.

So you didn't mean a worker paying for grad school, which was the premise of my original response.
Posted by rrboy
USA
Member since Jan 2005
5480 posts
Posted on 2/5/21 at 3:46 pm to
That’s crazy. At least make them earn it someway.
Posted by Centinel
Idaho
Member since Sep 2016
44312 posts
Posted on 2/5/21 at 4:20 pm to
quote:

They can't afford to do this and they are well aware of moral and financial hazards of doing so.




They don't give two flying fricks about any of the above. They care about two things and two things only:

1. Their reelection.
2. Power

They are now at the point that they can do whatever loony tunes off the wall economy ruining bullshite they want and #1 is guaranteed. Mail in voting (which is here to stay) sealed it.

This post was edited on 2/5/21 at 4:21 pm
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