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re: Reports indicate that the White House may extend the freeze on student loan payments again

Posted on 3/12/22 at 7:46 am to
Posted by OceanMan
Member since Mar 2010
22661 posts
Posted on 3/12/22 at 7:46 am to
quote:

Are you going to raise a fuss about the constant tax breaks, loopholes, and bailouts the wealthy elite and corporations have access to which do nothing but make the rich richer and widen the gap.


You have no idea what you are talking about. Stop blaming the rich boogeyman. The working middle class does and will always be the economic engine and tax base of this country. Government spending is what is widening this gap and it couldn’t be more obvious, just look at the correlation

quote:

Resolving this issue will benefit everyone in time. Less debt = people spending more in the economy = more jobs. Better opportunity, more entrepreneurs, more innovation...a better future. We all benefit, and our children’s and grandchildren’s generations even more so.


The government spending that has occurred in the past 10 years is not sustainable and the future generations will be the ones paying for it.
Posted by LSUfan4444
Member since Mar 2004
56622 posts
Posted on 3/12/22 at 7:49 am to
quote:

How many of you (other than doctors) have student loan balances over $50,000?



Still sitting on about $35k and still making payments every month. This debt isnt going to get cancelled and anyone not making payments now to knock down their balance isn't only a liberal at heart, they're delusional.
Posted by Grinder
Member since Nov 2007
2472 posts
Posted on 3/12/22 at 8:33 am to
I paid back $35K in the early 90s. At the time if felt like a really large sum of money.

I am not for broad forgiveness under any circumstance. I would be in favor of a locked in 1% interest rate as long as no payments are missed. Missed payments would cause rates to revert to current market levels.

You borrowed the money, you pay it back. Taxpayers should not fix your bad decisions.
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