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Message
re: Supreme Court strikes down student loan forgiveness plan as unlawful
Posted on 6/30/23 at 10:37 am to Seeker
Posted on 6/30/23 at 10:37 am to Seeker
quote:
I can see both sides. Many young adults are forced into significant, long term debt right into early adulthood. Most can’t afford college without getting a loan.
Can you quote the part in the Constitution where a college education is a guaranteed right? Also, can you cite the law or policy in place that forces anyone to take out a student loan?
0
Posted on 6/30/23 at 10:38 am to dawgfan24348
quote:
Classic right wing frick the common man response.
You mean like trying to force the blue collar common man who never went to college to pay the loan of a now college educated adult who ran up 100's of thousands of dollars in debt for a worthless degree?
Your idea would literally steal money from the common man and give it to the college educated elites.
Posted on 6/30/23 at 10:38 am to Seeker
quote:
Let’s be honest, who does the debt system benefit?
Colleges and universities have made a killing off of federally-backed student loans and have not been taken to task as to why their graduates are unable to find gainful employment.
Posted on 6/30/23 at 10:38 am to Antonio Moss
quote:
And it puts a stop to a program that would cause the already out of control cost of college tuition to spiral out of control further.
Anyone that supports student loan forgiveness is horribly selfish and shortsighted.
i could support it if it is part of bill that attempts to reign university spending but that is never going to happen.
Universities nickel and dime their students everywhere they can and whine about their budgets. All while spending like someone that just cashed a lotto ticket.
Posted on 6/30/23 at 10:39 am to TutHillTiger
quote:
I have been a card carrying member of the GOP, for 50 years child.
Congrats? Then explain, how the left is so compassionate and caring towards public education, and is the biggest proponent of increasing spending for public education yet:
quote:
student test scores have dropped increasingly since the 1970s, yet spending on the department of education has increased 10-fold?
Explain why the private schools outperform public schools in most states?
This post was edited on 6/30/23 at 10:40 am
Posted on 6/30/23 at 10:40 am to Byron Bojangles III
quote:
Can they strike down Lobbying as unlawful next?
I’ll give props to Obama for one thing, he supported citizens united, and it ultimately failed in the SC. Corporations are people apparently.
Posted on 6/30/23 at 10:40 am to bad93ex
quote:
Colleges and universities have made a killing off of federally-backed student loans and have not been taken to task as to why their graduates are unable to find gainful employment.
It's amazing how the cost of student loans has nearly doubled ever since the federal government completely took over the student loan program.
Posted on 6/30/23 at 10:41 am to Major Dutch Schaefer
That stupid idea was just a strategy trying to get votes and/or image approval. His administration knew it was not going to work from the start.
Posted on 6/30/23 at 10:42 am to BugAC
quote:
It's amazing how the cost of student loans has nearly doubled ever since the federal government completely took over the student loan program.
"no sorry students you can't use last year's addition, you need to buy this year's addition for $700"
Posted on 6/30/23 at 10:43 am to Dire Wolf
Yeah it better to keep young people completely in debt like slaves for as long as possible.
my family owned 100s of slaves in 1800s and life was very good for us. Most of my relatives still enjoy that .000008 lifestyle and will make millions of this I am sure. Never underestimate the stupidity of the masses or how much money you can make off poor people one if the them told me once. Hail to you real leaders lol
my family owned 100s of slaves in 1800s and life was very good for us. Most of my relatives still enjoy that .000008 lifestyle and will make millions of this I am sure. Never underestimate the stupidity of the masses or how much money you can make off poor people one if the them told me once. Hail to you real leaders lol
Posted on 6/30/23 at 10:45 am to dawgfan24348
quote:
Classic I got mine, frick you mentality.
No, it's the classic pay-your-fricking-debts, you lazy fricks mentality. It's not as much the system as it is the mentality of a generation college students that treated their time as a lengthy luxury vacation and spending loan money on designer clothes, new cars, vacations overseas. Now the bill is due and they want to keep a lifestyle that nobody besides the indolent wealthy can afford. A generation both stupid and greedy, they can suffer for it.
Posted on 6/30/23 at 10:45 am to Palomitz
quote:
Good, but I do think something needs to be done about interest rates
Like other loans, they should price based on risk.
Engineering/Accounting/etc: 5% APR
Art/humanities: 20% APR
Maybe people would be encouraged to get degrees that they can actually pay for.
Posted on 6/30/23 at 10:45 am to dawgfan24348
quote:
Classic I got mine, frick you mentality.
This is clearly wrong. OP stated he paid off his loans. “Got mine, frick you” would have been if OP got his loans forgiven and the celebrated this decision.
quote:
The system is the problem, blaming an entire generation of people who were told their entire lives they have to go to college regardless of expense is not a solution.
Not entirely wrong. But another problem is the skyrocketing cost of college because or guaranteed student loans. Colleges have exponentially increased tuition because of the abundance of loan money available. Economic principles always win out in the long run.
But there is personal accountability as well. Taking 100K in loans for a degree that has no market value is a personal failure and tax payers and investors should not have to pay for the consequences of personal poor choices.
Posted on 6/30/23 at 10:46 am to Major Dutch Schaefer
Fun fact: the average student loan debt is $30k
Posted on 6/30/23 at 10:47 am to TutHillTiger
quote:
Yeah it better to keep young people completely in debt like slaves for as long as possible.
Well, this is what happens when Democrats take over any aspect of society. Government is the sole proprietor of student loans, for the most part. Now you are a slave to the government. Or, you pay back your loan and break free of the chains of bondage. Or even better, you don't go to fed gov for a student loan...
quote:
Most of my relatives still enjoy that .000008 lifestyle
Because of people 200 years ago owning slaves? How?
Posted on 6/30/23 at 10:47 am to dawgfan24348
quote:
Classic right wing frick the common man response.
Biden’s decree was classic left wing frick the law action and make it look like he was doing something to help “common man” while actually doing nothing even with Democratic control of congress and presidency at the time. It was an election ploy and presidential overreach.
Posted on 6/30/23 at 10:48 am to dawgfan24348
quote:
Classic right wing frick the common man response.
Your lack of understanding of basic economical principles is phenomenal. This helps the lower and middle classes for the next generation.
Every leftist economic policy in the last two decades has purchased votes from the current lower classes at the expense of the next generation of “common men”.
Posted on 6/30/23 at 10:49 am to Shiftyplus1
quote:
They weren't attacked by debt. Debt is not a natural disaster. This is like 40 million people stabbing themselves in the face and demanding the government pay for plastic surgery.
While I favor the opinion of the court I think you are really misrepresenting the underlying law
From the opinion
quote:
The Secretary invoked the Higher Education
Relief Opportunities for Students Act of 2003 (HEROES Act), which authorizes the Secretary “to waive or modify any provision” applicable to federal “student financial assistance” programs “as may be necessary to ensure that . . . recipients of student financial assistance” are no worse off “financially in relation to that financial assistance because” of a national emergency or disaster. 20 U. S. C. §§1098bb(a)(1),
(a)(2)(A), 1098ee(2)(C)–(D).
LINK
Posted on 6/30/23 at 10:49 am to Byron Bojangles III
quote:
Can they strike down Lobbying as unlawful next?
You don't want people to be able to petition the government?
Posted on 6/30/23 at 10:51 am to doc baklava
quote:
Fun fact: the average student loan debt is $30k
My undergrad debt was $30,000. Paid it off thankfully.
This post was edited on 6/30/23 at 10:51 am
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