- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: US Marshals arresting people for not paying their federal student loans
Posted on 2/16/16 at 10:56 am to tigerinthebueche
Posted on 2/16/16 at 10:56 am to tigerinthebueche
Its absolutely absurd there is even 1 person out there that feels they should be "forgiven" of their loan debt for a loan they consciously and willfully borrowed.
How in the frick can someone justify that?
You borrowed money under agreed upon terms of repayment and now you don’t want to repay it. Tough titty.
How in the frick can someone justify that?
You borrowed money under agreed upon terms of repayment and now you don’t want to repay it. Tough titty.
3
Posted on 2/16/16 at 10:57 am to rocket31
quote:
Most people do not have assests worth garnishing anyways.
frick it, bring back chain gangs.
You are working off your debt via free labor.
Posted on 2/16/16 at 10:58 am to Jimbeaux
quote:Well, at least we can tell you never watch internet porn.
Stop spending money on Internet porn and start making payments on what you owe
Posted on 2/16/16 at 10:58 am to TheCaterpillar
The American dream
Posted on 2/16/16 at 10:59 am to rocket31
quote:
Most people do not have assests worth garnishing anyways.
most people have income
Posted on 2/16/16 at 10:59 am to TheCaterpillar
It's all these people that think they're entitled to every fricking thing and if they can't afford it then you should pay for it.
"Free" stuff.
What the frick do they think "debt forgiveness" means? That doesn't mean the creditor is going to lose out... it means that somehow another group of people will end up footing the bill.
"Free" stuff.
What the frick do they think "debt forgiveness" means? That doesn't mean the creditor is going to lose out... it means that somehow another group of people will end up footing the bill.
Posted on 2/16/16 at 11:00 am to TheCaterpillar
quote:
Second, why should someone be burdened with debt their entire life for their college education?
quote:
Because they chose it?
My oldest son (that I mentioned earlier) is finishing up his residency in plastics. McKenzie comes in and wants $10,000 DD tits. They look great. A few months down the road, she's fired for blowing an employee in the mail room. McKenzie can't afford her $10,000 medical bills along with her 36 month, leased Lexus car note, and her townhome payments.
She gets to declare for bankruptcy and have all the debts forgiven AND she gets to keep the DDs! She chose to get the tits, didn't pay for them, and is no longer burdened by the debt anymore. Weird how it all works out...
Good for us men though....
This post was edited on 2/16/16 at 11:17 am
Posted on 2/16/16 at 11:00 am to yellowfin
quote:
most people have income
Or fat arse tax refund checks that equal way more than they paid in.
Posted on 2/16/16 at 11:00 am to TheCaterpillar
quote:
You borrowed money
Bingo. And this is what some people seem to forget/ignore. Debt isn't forced upon anyone (unless they're into some shady Sopranos type shite).
Posted on 2/16/16 at 11:01 am to yoga girl
quote:
So, they should be forgiven.
quote:
One reason tuition is so high is the availability of student loans. There's no pressure on a college to reduce costs because of the student loan program.
Wait what?
You think the way to solve high tuition costs is to continue to let people take out student loans and make them all FORGIVABLE? This is literally just building debt. By your logic, the tuition would remain high because students are getting the money via loans.. but now loans are forgiven so all of that borrowed money goes unpaid.. creating a huge debt.
Posted on 2/16/16 at 11:02 am to bencoleman
quote:
We got rid of debtor's prison a long time ago. I can't believe that anyone would support this crap. If you do I hope you get locked up for being late on your cable bill
This. And what the rugged individualists on this board don't understand, the loan companies make a killing by simply taking federal money and loaning it to students at outrageous interest rates. So the loan company is simply a middle man, a leach that profits but bears no risk. And the interest is compounded in a way unlike car or mortgage. Student loan principals just don't go down. A $8000 student loan will take 10+ years to pay off even making more than minimum payments.
Posted on 2/16/16 at 11:04 am to Forkbeard3777
quote:
My oldest son (that I mentioned earlier) is finishing up his residency in plastics. McKenzie comes in and drops $10,000 on DD tits. They look great. A few months down the road, she's fired for blowing an employee in the mail room. McKenzie can't afford her $10,000 medical bills along with her 36 month, leased Lexus car note, and her townhome payments.
She gets to declare for bankruptcy and have all the debts forgiven AND she gets to keep the DDs! She chose to get the tits, didn't pay for them, and is no longer burdened by the debt anymore. Weird how it all works out...
Good for us men though....
Net gain for society
But for real, that woman should have her future wages and tax refunds garnished until her debts are paid. She does free labor for the government to speed up the process.
If she kills herself, the life insurance pays her debts and we sell her organs to pay her debts.
TheCaterpillar For President 2020 campaign is starting now…who’s in?
This post was edited on 2/16/16 at 11:06 am
Posted on 2/16/16 at 11:07 am to yellowfin
1099 income is easily hidden.
I didn't say it was for everyone, but insome situations there is nothing that will happen to the debtor except a bad credit score
I didn't say it was for everyone, but insome situations there is nothing that will happen to the debtor except a bad credit score
Posted on 2/16/16 at 11:08 am to LouisianaLady
quote:
You think the way to solve high tuition costs is to continue to let people take out student loans and make them all FORGIVABLE? This is literally just building debt. By your logic, the tuition would remain high because students are getting the money via loans.. but now loans are forgiven so all of that borrowed money goes unpaid.. creating a huge debt.
I think the student loan program should be shut down. We should have college vouchers, but limited to put pressure on colleges to reduce their costs.
Posted on 2/16/16 at 11:09 am to biglego
quote:
This. And what the rugged individualists on this board don't understand, the loan companies make a killing by simply taking federal money and loaning it to students at outrageous interest rates. So the loan company is simply a middle man, a leach that profits but bears no risk. And the interest is compounded in a way unlike car or mortgage. Student loan principals just don't go down. A $8000 student loan will take 10+ years to pay off even making more than minimum payments.
Exactly, big business has a risk free windfall while those with student loans suffer.
Posted on 2/16/16 at 11:11 am to yoga girl
quote:
yoga girl
Quite simply put, you're a complete moron and I sincerely hope you aren't in a position to make financial decisions that affect other people.
Posted on 2/16/16 at 11:14 am to yoga girl
Student loans are fine but the interest rates should be manageable.
It's fine that the government wants to profit from educating their citizens but the billion dollar per year profits are extortion.
It's fine that the government wants to profit from educating their citizens but the billion dollar per year profits are extortion.
Posted on 2/16/16 at 11:18 am to rocket31
quote:
interest rates should be manageable.
I'm completely fine with government regulation of student loan interest rate levels, not letting them compound, or start piling up until graduation.
However, that is already pushing it and should be the end of it.
Posted on 2/16/16 at 11:19 am to TheCaterpillar
quote:
I sincerely hope you aren't in a position to make financial decisions that affect other people.
Wow. You don't know me. I'm extremely responsible, probably more so than most posters here. I have no debt except my monthly Amex and another card, both of which I always pay in full. I make financial decisions for me fairly often, and they generally work out well.
Posted on 2/16/16 at 11:19 am to biglego
quote:
This. And what the rugged individualists on this board don't understand, the loan companies make a killing by simply taking federal money and loaning it to students at outrageous interest rates
These aren't rugged individualists. Anyone wanting someone arrested for student loan delinquency is a bigGov statist.
Page 7 of 17
Popular
Back to top
Follow TigerDroppings for LSU Football News