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re: The only good thing about biden is him getting rid of student loans today

Posted on 1/20/21 at 7:47 am to
Posted by marinebioman
Ocean Springs, MS
Member since Feb 2005
3396 posts
Posted on 1/20/21 at 7:47 am to
Are they going to actually require a degree to qualify for the student loan payoff at least? Or are we bailing out the idiots that couldn't/didn’t cut it in college?
This post was edited on 1/20/21 at 9:39 am
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53076 posts
Posted on 1/20/21 at 7:55 am to
Why should I have to help payback your student loans? I didn't sign anything and I didn't take any loans out over my 2 degrees.
Posted by Gumbojet
Member since Jan 2021
162 posts
Posted on 1/20/21 at 7:59 am to
Because I didn’t get a stimulus I want something
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 1/20/21 at 8:02 am to
Student loan forgiveness counts as taxable income. Good luck to you.
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14218 posts
Posted on 1/20/21 at 8:03 am to
Democrats are the party of the poor so they say, yet they are making people who didn’t go to college pay for people who did. Majority of Americans don’t go to college.

Seems really fair.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57886 posts
Posted on 1/20/21 at 8:06 am to
quote:

The only good thing about biden is him getting rid of student loans today


I'm guessing your loan wasn't for a degree in Economics?
Posted by Mo Jeaux
Member since Aug 2008
62393 posts
Posted on 1/20/21 at 8:08 am to
quote:

I'm guessing your loan wasn't for a degree in Economics?



Who cares? Why are "conservatives" continuing to argue for the fiscal discipline of corrupt system that hates them?
Posted by BamaMamaof2
Atlanta, GA
Member since Nov 2019
2650 posts
Posted on 1/20/21 at 8:08 am to
quote:

Oh yes there will be. Banks would trip over themselves to lend again as many of the loans are federally subsidized and the payoff cash they receive would be burning a hole in their pockets.


The whole reason feds started managing student loans was because private banks were making rates so high, no one was able to pay them back and there was a very high default rate and these loans could be erased under bankruptcy.

The standard to receive a student loan will be so high, that only those who can afford the cost of college will be able to qualify!
This post was edited on 1/20/21 at 8:11 am
Posted by Privateer 2007
Member since Jan 2020
7702 posts
Posted on 1/20/21 at 8:16 am to
quote:

actually require degree to qualify for loan payoff?


Good point.
I doubt it.
The narrative will be that the oppression they faced prevented them from completing degree.

There's always an excuse.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57886 posts
Posted on 1/20/21 at 8:21 am to
quote:

Who cares? Why are "conservatives" continuing to argue for the fiscal discipline of corrupt system that hates them?


Why don't liberals understand that when the Dollar crashes, they aren't going to somehow be magically immune to it?

More government programs, UBI, more stimuli, forgiving student loan debts, printing more money, etc. those things are all just adding fuel to the fire. You get that, right?
This post was edited on 1/20/21 at 8:22 am
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57886 posts
Posted on 1/20/21 at 8:23 am to
quote:

Democrats are the party of the poor so they say, yet they are making people who didn’t go to college pay for people who did. Majority of Americans don’t go to college.

Seems really fair.


Just wait til they learn about "stepped up basis" and what it means to them when Biden removes it.
This post was edited on 1/20/21 at 8:25 am
Posted by TerryDawg03
The Deep South
Member since Dec 2012
17669 posts
Posted on 1/20/21 at 8:24 am to
quote:

Number of Posts: 136
Registered on: 1/17/2021


No.
Posted by Jon A thon
Member since May 2019
2380 posts
Posted on 1/20/21 at 8:25 am to
Because college is not a job placement center. You use the education in your career and that is certainly the main objective of 99% of people. But technically they are just their to educate. Your salary is not on them.

Now, why not put the burden on the people that actually chose to pay for a degree with no real plan on how to recoup the investment...…...I don't know, by like making people pay their loans.
Posted by ninthward
Boston, MA
Member since May 2007
21978 posts
Posted on 1/20/21 at 8:25 am to
hate to break it to ya he’s not getting rid of student loans
Posted by Kankles
Member since Dec 2012
6096 posts
Posted on 1/20/21 at 8:27 am to
I paid off my student loans. Started 529s for my kids when they were born. In hindsight, I’m such a jackass.
Posted by Mo Jeaux
Member since Aug 2008
62393 posts
Posted on 1/20/21 at 8:27 am to
quote:

Why don't liberals understand that when the Dollar crashes, they aren't going to somehow be magically immune to it?

More government programs, UBI, more stimuli, forgiving student loan debts, printing more money, etc. those things are all just adding fuel to the fire. You get that, right?


Yes, and I'm not a liberal.
Posted by PastaTiger
Member since Nov 2020
124 posts
Posted on 1/20/21 at 8:27 am to
Did you know that public education only went through the 8th grade for a good chunk of American history? When it was deemed necessary that the workforce needed more educated people in the market, accompanied by a desire to lead the world in an educated citizenry, public education was expanded to include high school.

The marketplace now demands more people with bachelor's degrees. Seems fitting that the U.S. address this need the same way they did before and include at least the first two years of college/trade school.
Posted by Auburn1968
NYC
Member since Mar 2019
25075 posts
Posted on 1/20/21 at 8:29 am to
quote:

Why do taxpayers have to foot the bill for this?

Why not mandate the colleges give refunds if their students graduate and make less than a high school grad, lol.


If a college gives useless degrees and takes borrowed money, they should be on the hook for repayment of some of that loan. Then they would be more careful who they accepted and what they teach. Marxist and related studies would see a big decline.
Posted by PastaTiger
Member since Nov 2020
124 posts
Posted on 1/20/21 at 8:29 am to
Why? You'll likely be able to use that saved money toward other things.
Posted by jchamil
Member since Nov 2009
18841 posts
Posted on 1/20/21 at 8:30 am to
quote:

141 posts


141 posts in two days is pretty pathetic
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