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re: Government bailouts: Why not for student loans?

Posted on 5/1/22 at 1:12 pm to
Posted by Eighteen
Member since Dec 2006
36963 posts
Posted on 5/1/22 at 1:12 pm to
the student loan debate payback debate never makes any sense

even in its most basic form (give up to $X of relief to all outstanding government backed student loans) … what about people graduating next semester and in the future? is it relief in perpetuity? it never makes any sense other than a certain time frame of graduates hit the lottery that those before or after don’t receive

it’s similar to the Dreamers/granting citizenship to illegals. we can maybe entertain it, but only once we have strict policies in place to stop the flow and get welfare state reformed. otherwise we just grant citizenship which just encourages more illegals to rush over here

we can’t even begin to think of “forgiving” loans without a reform of college education costs and the ease of getting these loans. fix the current problem (higher education costs and loans for worthless degrees)… “forgiving” student loan debt without anything else just encourages students to take even more debt because they will just take the risk they won’t have to pay it back
This post was edited on 5/1/22 at 1:17 pm
Posted by CaptEasy
Panama City Beach
Member since Feb 2018
628 posts
Posted on 5/1/22 at 1:15 pm to
Pay your own debt OP.
Posted by Dawgfanman
Member since Jun 2015
25969 posts
Posted on 5/1/22 at 1:16 pm to
Why not federally backed home loans instead?
Posted by oldskule
Down South
Member since Mar 2016
23411 posts
Posted on 5/1/22 at 1:18 pm to
You honestly borrow, you honestly pay it back.....

It is called RESPONSIBILITY.
Posted by ChasseurNC
Member since Feb 2022
625 posts
Posted on 5/1/22 at 1:31 pm to
Why not for my new Cadillac with hydraulics?
Posted by ChasseurNC
Member since Feb 2022
625 posts
Posted on 5/1/22 at 1:32 pm to
Why not for an OnlyFans subscription?
Posted by ChasseurNC
Member since Feb 2022
625 posts
Posted on 5/1/22 at 1:37 pm to
Boudin man. Tu devrais t'appeler L'homme du fromage gratuit.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14239 posts
Posted on 5/1/22 at 1:37 pm to
quote:

US government has given bailouts to Airlines, Automakers, corporate banks, etc.


While those bailouts are terrible, they are given to GDP contributing industries. Many had to pay them back as well. Bailing out people who majored in gender studies and philosophy and now are shocked they can’t pay 200k loans is very different.

The only way I would ever agree to bailout the student loans would be to end all government backed student loans.
This post was edited on 5/1/22 at 1:38 pm
Posted by LSU7096
Member since May 2004
2947 posts
Posted on 5/1/22 at 1:38 pm to
If you can't pay your student loans we'll forgive the loans and you'll lose your right to vote until you repay your loans
Posted by 850SaintsGator
Pensacola
Member since Sep 2021
2360 posts
Posted on 5/1/22 at 3:00 pm to
They should close corporate tax loopholes and use that money for student loan bailout ..,then stop backing student loans and let students deal directly with banks like they used to do. And have a free community college degree/ technical skills college for those who are income restricted
Posted by Dawgfanman
Member since Jun 2015
25969 posts
Posted on 5/1/22 at 3:04 pm to
quote:

They should close corporate tax loopholes


So raise taxes and as a result the cost of goods and services.

quote:

then stop backing student loans and let students deal directly with banks like they used to do.


So cutoff many lower income people from access to college

quote:

And have a free community college degree/ technical skills college for those who are income restricted


So raise taxes, to fund this second class job training program for the poors who can’t go to college anymore.

Posted by 850SaintsGator
Pensacola
Member since Sep 2021
2360 posts
Posted on 5/1/22 at 8:15 pm to
quote:

quote: They should close corporate tax loopholes

So raise taxes and as a result the cost of goods and services.

quote: then stop backing student loans and let students deal directly with banks like they used to do.

So cutoff many lower income people from access to college

quote: And have a free community college degree/ technical skills college for those who are income restricted


So raise taxes, to fund this second class job training program for the poors who can’t go to college anymore.



I mean- i guess the current system works fine
This post was edited on 5/1/22 at 8:16 pm
Posted by tommy2tone1999
St. George, LA
Member since Sep 2008
7648 posts
Posted on 5/1/22 at 8:17 pm to
If you take out a loan for a shitty degree, why should other taxpayers pay the cost?
This post was edited on 5/1/22 at 8:18 pm
Posted by toratiger
susukino
Member since Aug 2008
3400 posts
Posted on 5/1/22 at 8:30 pm to
The government does NOT pay for anything.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 5/1/22 at 8:31 pm to
bunch of butthurt loan payers ITT. Student loans should be canceled and the entire system be reworked
Posted by Taxing Authority
Houston
Member since Feb 2010
62653 posts
Posted on 5/1/22 at 8:32 pm to
Nothing better than using stupidity to justify MORE stupidity.

Try an argument of merit next time.

quote:

Again why not free up billions in student loan debt, to help stimulate the economy?
Why stop there? Why not forgive ALL debt?
Posted by Taxing Authority
Houston
Member since Feb 2010
62653 posts
Posted on 5/1/22 at 8:33 pm to
quote:

If you take out a loan for a shitty degree, why should other taxpayers pay the cost?
Why should people that 1-didn’t take the money, 2-didn’t promise to pay it back be stuck with the bill? What did they do wrong? Why do hey deserve the burden?

Every borrower took the money. They should pay it back.

It’s a glaring symptom of cultural rot that returning what you took has become controversial.
This post was edited on 5/1/22 at 8:35 pm
Posted by Sweet Pickles
Member since Mar 2017
449 posts
Posted on 5/1/22 at 8:35 pm to
I paid off my six figure student loan debt, so will the gov now pay off the mortgage on my vacation home?
Posted by SleepyJoe
Member since Apr 2022
451 posts
Posted on 5/1/22 at 8:56 pm to
I’m against any bailout for anyone. Bailing out the idiots who took out 150k in student loans for a worthless degree deserve to be enslaved by that debt.

They are dead weight. Basically worthless to society. Lack the intellectual horsepower to attain a valuable degree. Lack the ability/intelligence required for a good paying blue collar job = dead weight
Posted by troyt37
Member since Mar 2008
14681 posts
Posted on 5/1/22 at 9:03 pm to
Anything given by the government must first be taken from taxpaying Americans.
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