- 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
Government bailouts: Why not for student loans?
Posted on 5/1/22 at 11:23 am
Posted on 5/1/22 at 11:23 am
The US government has given bailouts to Airlines, Automakers, corporate banks, etc. through the years. So now why not to student loan borrowers? The US has sent billions to Ukraine, Iraq, Afghanistan, and numerous other countries, not to mention Covid relief, only never to be repaid.
Again why not free up billions in student loan debt, to help stimulate the economy? Our government has certainly helped out others using the same reasoning.
Again why not free up billions in student loan debt, to help stimulate the economy? Our government has certainly helped out others using the same reasoning.
43
Posted on 5/1/22 at 11:24 am to boudinman
How about loan buyouts for NOBODY?
Democrats piss & moan about “regressive taxes”, but there is a no more regressive tax than having a person working a blue collar job pay for a white collar person’s degree.
Democrats piss & moan about “regressive taxes”, but there is a no more regressive tax than having a person working a blue collar job pay for a white collar person’s degree.
This post was edited on 5/1/22 at 11:29 am
Posted on 5/1/22 at 11:26 am to boudinman
If they did that, it needs to be coupled with abolishing the student loan and grant system for all time.
If you don't do it that way, we'll just be right back here in a few years.
If you don't do it that way, we'll just be right back here in a few years.
Posted on 5/1/22 at 11:26 am to boudinman
quote:
boudinman
fricking lowlife
Posted on 5/1/22 at 11:27 am to boudinman
Mortgage bailouts!!!!!!
[sarcasm]
[sarcasm]
This post was edited on 5/1/22 at 11:30 am
Posted on 5/1/22 at 11:28 am to boudinman
quote:Because you promised to pay it back and the majority of people do. No reason to bail out bums.
So now why not to student loan borrowers?
Posted on 5/1/22 at 11:29 am to boudinman
How much did giving away Covid money stimulate the economy? And, at what cost down the road?
Free money is not free.
Free money is not free.
Posted on 5/1/22 at 11:30 am to boudinman
So instead of correcting course, you would rather continue to do stupid shite.
Posted on 5/1/22 at 11:32 am to boudinman
quote:
Again why not free up billions in student loan debt, to help stimulate the economy? Our government has certainly helped out others using the same reasoning.
It's a very romantic idea - this idea of government giving money to the people. It is antithetical to a functioning economy however.
Government takes money from citizens and reallocates those funds. It doesn't stimulate the economy - it acquires debt, and the more debt it accrues the more money it prints and consequently the less buying power that money has.
So while this action may stimulate the economy for a short period of time - as these people without student debt will undoubtedly spend more money - the long term will be detrimental to our future economic freedom. In order to keep meeting the payouts to the owners of our countries debt, the USA will continue to create fiat currency out of thin air.
Posted on 5/1/22 at 11:34 am to boudinman
Well I will want reimbursement for the tuitions I paid for my kids by working 3 stupid part time jobs to avoid student loans for them
Posted on 5/1/22 at 11:35 am to boudinman
Because the companies that got bailouts paid back the loans with interest.
Which is absolutely nothing similar to just forgiving debt.
Which is absolutely nothing similar to just forgiving debt.
Posted on 5/1/22 at 11:40 am to Caraway Rye
quote:
Because the companies that got bailouts paid back the loans with interest.
Well…did they tho?
Posted on 5/1/22 at 11:41 am to boudinman
quote:
The US government has given bailouts to Airlines, Automakers, corporate banks, etc. through the years. So now why not to student loan borrowers?
I’m not for bailouts, as a general rule, but the difference is that airlines, automakers, and corporate banks each employ tens of thousands of people, and provide needed services to Americans and the economy. Student loan borrowers do neither. They can’t even adequately take care of themselves.
Posted on 5/1/22 at 11:42 am to boudinman
quote:
Again why not free up billions in student loan debt, to help stimulate the economy?
Is it not stimulated enough? You want more inflation?
Stimulate it by requiring work and encouraging people to perform useful work.
Posted on 5/1/22 at 11:42 am to boudinman
Idiots made poor choices by either securing loans for terrible degrees or not graduating after getting a bunch of loans for prior semesters.
So much for personal accountability.
So much for personal accountability.
Posted on 5/1/22 at 11:46 am to boudinman
How about you not be a deadbeat and pay off your student loans like I and other responsible people have?
Posted on 5/1/22 at 11:46 am to boudinman
Why not end ALL bailouts and make people responsible for their bad decisions.
Posted on 5/1/22 at 11:48 am to boudinman
quote:
boudinman
Would you be willing to continue to pay for the student loan that you willingly accepted to fist have cancer patients bills forgiven.
Seems like a much better reason for debt forgiveness to me.
Student loan forgiveness is nothing more than brainwashing people to further believe that they have zero need for personal responsibility.
Posted on 5/1/22 at 12:43 pm to boudinman
If the government has enough money to bail out all these companies, we are being over-taxed
Posted on 5/1/22 at 12:51 pm to boudinman
quote:
The US government has given bailouts to Airlines, Automakers, corporate banks,
You need to add some context.
During the Financial crisis, banks were told to accept gov't funds to strengthen their balance sheets even if they didn't need it. All did. This money was paid back, with interest. That is important to note.
Airline bailouts. I don't remember that.
Auto bailouts were an Obama gift to the Unions.
Ending all bailouts is the solution.
This post was edited on 5/1/22 at 12:52 pm
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News