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re: Elizabeth Warren Introduces Bill to Cancel $640 Billion in Student Loan Debt

Posted on 7/24/19 at 2:59 pm to
Posted by RollTide1987
Augusta, GA
Member since Nov 2009
69490 posts
Posted on 7/24/19 at 2:59 pm to
I owe almost $40,000 in student debt as of right now. Believe me...I would absolutely LOVE to have that debt forgiven and be able to start fresh. But I also don't live in a world of fantasy. To forgive all of that student debt would absolutely KILL the economy. It's just not economically feasible.

Posted by xiv
Parody. #AdminsRule
Member since Feb 2004
39508 posts
Posted on 7/24/19 at 3:20 pm to
quote:

And you dodged he opportunity to back up your position.
Nah. Already did that.
quote:

Do you have any idea how these loans work?
As a former borrower who paid his debts, yes.

Nothing you’re going to say will make the money appear. It is gone. It won’t be repaid. Something else will have to be done.
Posted by xiv
Parody. #AdminsRule
Member since Feb 2004
39508 posts
Posted on 7/24/19 at 3:48 pm to
quote:

how is it someone else’s burden to relieve you of that recklessness?
Do you understand how these loans work? Derp
Posted by Taxing Authority
Houston
Member since Feb 2010
62504 posts
Posted on 7/24/19 at 4:04 pm to
quote:

Nah. Already did that.
Where?

quote:

As a former borrower who paid his debts, yes.
Just because you’ve been a frequent flyer in an airliner doesn’t mean you’re qualified to fly the plane.

quote:

Nothing you’re going to say will make the money appear.
Youre the only one saying that
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 7/24/19 at 4:36 pm to
quote:

Companies handling the loans are deceptive as hell.. for example, I found out 3 years after I graduated that because I deferred payments for ~6-9 months during my job search, how capitalization is calculated, and that interest was being paid before principle, my 'income based repayment plan' resulted in a much larger balance than when i graduated.. despite paying what felt like a large payment monthly.


What a dumbass

Bookmarked for future entertainment.
Posted by xiv
Parody. #AdminsRule
Member since Feb 2004
39508 posts
Posted on 7/24/19 at 6:14 pm to
quote:

quote:

Nothing you’re going to say will make the money appear.

Youre the only one saying that
ok
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