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Message

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

Posted on 2/4/21 at 10:45 pm to
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
9687 posts
Posted on 2/4/21 at 10:45 pm to
quote:

Well I definitely won't complain if I don't have to pay back what I owe


Everyone's a Democrat when offered free shite by the government.

Erstwhile conservatives cream their pants over stimulus and debt forgiveness.

30 Trillion in debt. We're turning into a banana republic and no one gives a shite.
Posted by DollaChoppa
I Simp for ACC
Member since May 2008
84774 posts
Posted on 2/4/21 at 10:46 pm to
It would be great if no one had to do that and people could focus on learning their passions instead. Would probably great for mental health
Posted by TheFlyingTiger
Member since Oct 2009
3994 posts
Posted on 2/4/21 at 10:47 pm to
I WANT MY frickING CHECK FIRST

for paying off my goddamn loans
Posted by John McClane
Member since Apr 2010
36692 posts
Posted on 2/4/21 at 10:49 pm to
So will I get a $50,000 tax credit since I busted my arse to pay mine off?
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
9687 posts
Posted on 2/4/21 at 10:51 pm to
My kid's in school. Should I stop paying for it and have him draw out 50k immediately?

Sincerely,
A piece of shite
Posted by DesignTiger
Buford, Georgia
Member since Jun 2011
1518 posts
Posted on 2/4/21 at 11:12 pm to
So glad I refinanced my loan to lower the interest so I could pay it back quicker....not.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3468 posts
Posted on 2/4/21 at 11:16 pm to
My daughter starts college later this year, is she going to get a credit of $50K?
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7422 posts
Posted on 2/4/21 at 11:18 pm to
I have an idea.

Instead of just giving everyone in student loan debt give them options and longer payment deferral options so one has time to get started in life before paying:

Have more programs that allow one to Work a number of years in certain areas in certain jobs as rural development such as teaching or medical professions that are in demand.

Incentivize employers to help pay off employees’ student loan debt as a write off on their taxes.

One option, join the military, and get all the loans repaid with 5 years military service.

The last option is the extreme option and most penalizing to the individual because they may have no other option, but it may help them in the long run. Force them to file bankruptcy and allow a portion of the student loan debt to be dischargeable up to 50k.

In all these scenarios, there is still an obligation to pay, but offer relief in the form of work commitments, employer relief, or bankruptcy which if someone making 30k or a single mother with no job or income with large debts because they got stuck at the wrong school, they could use bankruptcy to hopefully right their financial ship because if the student loan is weighing them down other debts are too.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16216 posts
Posted on 2/4/21 at 11:47 pm to
Since I've already paid off my loans, will I be eligible for a refund? They can't leave this group of people out!
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
24294 posts
Posted on 2/4/21 at 11:49 pm to
My wife and I paid off our loans. Can we cash in on this racket?
Posted by bulldog95
North Louisiana
Member since Jan 2011
20721 posts
Posted on 2/4/21 at 11:51 pm to
fricking bullshite. I paid mine off but then again I’m a responsible adult that signed the note so I knew I’d have to pay it back


All these idiots that get the debt forgiven are going to do is run up more damn debt then whine about why it’s unfair they have bad credit and can’t get what they want

Posted by Big EZ Tiger
Member since Jul 2010
24269 posts
Posted on 2/5/21 at 12:10 am to
All the Democrats are trying to do is buy more votes. That's all any of this is. No one forces you to take out a loan, you can defer payments and you can get really cheap monthly payback plans that make it easy on you if you do take out loans though.

The Dems just want more votes. Same reason they are pushing $15/hr minimum wage suddenly. That's a lot of votes if they could get all of that stuff through.
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54514 posts
Posted on 2/5/21 at 12:11 am to
15.00 an hour to say the frosty machine is still down
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51276 posts
Posted on 2/5/21 at 4:50 am to
quote:

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


This is specifically why I never did that.
Posted by Mo Jeaux
Member since Aug 2008
58759 posts
Posted on 2/5/21 at 5:04 am to
quote:

Everyone's a Democrat when offered free shite by the government.

Erstwhile conservatives cream their pants over stimulus and debt forgiveness.

30 Trillion in debt. We're turning into a banana republic and no one gives a shite.


Meh. You conservatives who bemoan the fiscal state of a nation that hates you are pathetic. Honestly, why care?
Posted by Armymann50
Playing with my
Member since Sep 2011
17061 posts
Posted on 2/5/21 at 5:04 am to
quote:

everyone's boat loans too



my rv loan would like some help too
Posted by LSUfan4444
Member since Mar 2004
53785 posts
Posted on 2/5/21 at 5:07 am to
Sweet....we can move the debt of my wives masters program student loan to the shoulders of my daughter as she ages

I like this plan
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13356 posts
Posted on 2/5/21 at 5:09 am to
quote:

Hmm...wonder how they will decide who the 20% is...

Whites. All white students will have to repay.
This is applicable even to white that majored in gay studies/journalism.
This post was edited on 2/5/21 at 12:54 pm
Posted by nicholastiger
Member since Jan 2004
42584 posts
Posted on 2/5/21 at 5:10 am to
Yet another thing the working class will pay for
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 2/5/21 at 5:13 am to
quote:

The plan would cancel all of the debt for 80% of federal student loan borrowers.

Women and people of color would be among the biggest winners.


And frick me in the arse for working and paying my shite off.

God damnit I'm not asking for my shite to be paid off but I damn sure don't want anybody else's paid off for them either unless they joined the military. This is such fricking bullshite.
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