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Started By
Message
re: White House considers excluding high earners from student-loan relief
Posted on 5/3/22 at 10:49 am to Mickey Goldmill
Posted on 5/3/22 at 10:49 am to Mickey Goldmill
quote:
Mickey Goldmill
What are your thoughts on student loan forgiveness? Terrible idea or good idea, and why?
1
Posted on 5/3/22 at 10:49 am to djmed
I’d support this with the added rule of no more loans for stupid, useless degrees.
Far too many Arts, English, and Sociology degree holders out there.
Far too many Arts, English, and Sociology degree holders out there.
Posted on 5/3/22 at 10:50 am to djmed
Holy Wealth Redistribution Batman!
Posted on 5/3/22 at 10:53 am to BugAC
quote:
What are your thoughts on student loan forgiveness? Terrible idea or good idea, and why?
I don't think they need student loan forgiveness. Simply put a cap on the interest rates. Even for someone like me who makes a good living, my monthly payment is very high with most of it going to interest.
Posted on 5/3/22 at 10:54 am to djmed
So if you actually got a degree worth a shite, nothing for you.
As for people with shitty decision-making skills? They once again are insulated from the consequences of their actions.
Posted on 5/3/22 at 11:02 am to Eighteen
quote:
So what happens for graduates in 2023 and beyond? is it going to be a permanent rolling “forgiveness”?
if not, how does this actually solve anything?
if so, wouldn’t that just drive education costs even further?
This is the FIRST place my head always goes when this topic comes up. Without underlying reform on education costs, I will never even consider supporting any payoffs.
Posted on 5/3/22 at 11:04 am to djmed
This is so fricked. I’m what a perverse disincentive.
Posted on 5/3/22 at 11:04 am to udtiger
quote:
As for people with shitty decision-making skills? They once again are insulated from the consequences of their actions.
That's the DNC in a nutshell.
Posted on 5/3/22 at 11:07 am to djmed
(no message)
This post was edited on 12/21/23 at 1:05 pm
Posted on 5/3/22 at 11:08 am to Mickey Goldmill
quote:
I don't think they need student loan forgiveness. Simply put a cap on the interest rates. Even for someone like me who makes a good living, my monthly payment is very high with most of it going to interest.
Shouldn't the government get out of the student loan business anyway? Seeing as rates only skyrocketed once the feds stepped in.
Posted on 5/3/22 at 11:10 am to BugAC
quote:
Shouldn't the government get out of the student loan business anyway? Seeing as rates only skyrocketed once the feds stepped in.
I wouldn't be opposed to it, but something would still need to be done on the loans already out.
Posted on 5/3/22 at 11:13 am to djmed
quote:
White House considers excluding high earners from student-loan relief
fine with that. if they're a "high earner" they don't need it as much
Posted on 5/3/22 at 11:14 am to chalmetteowl
quote:
fine with that. if they're a "high earner" they don't need it as much
I disagree. If you do for one you do for all. Or dont do it at all.
It's akin to having twins and giving your favorite everything and letting the other "figure it out."
Posted on 5/3/22 at 11:18 am to djmed
Having saved and will have 2 SEC graduates (State & UK) leave debt free...I gotta say this chaps my arse.
Sure. I'm fortunate...and my kids are fortunate that we have the means to pay for college without taking on debt.
But that didn't come without sacrifice.
I've got no problem with needs-based scholarships, but this ish of borrowing a bunch of money and having it erased at taxpayers expense is crap.
Sure. I'm fortunate...and my kids are fortunate that we have the means to pay for college without taking on debt.
But that didn't come without sacrifice.
I've got no problem with needs-based scholarships, but this ish of borrowing a bunch of money and having it erased at taxpayers expense is crap.
Posted on 5/3/22 at 11:26 am to djmed
Replace student loan with mortgage and I’ll support it.
Posted on 5/3/22 at 11:28 am to MrSpock
No more tips—they’re making up for it in my tax money.
Posted on 5/3/22 at 11:33 am to djmed
quote:
Relief for loans that were taken out for medicine and law degrees could also be excluded, the paper reported
That's one way to turn off the high donations from these people. I know some people from school who are probably fuming over this, because that's part of the reason they voted for this asshat.
Posted on 5/3/22 at 11:33 am to djmed
Hahaha
Posted on 5/3/22 at 11:33 am to jcaz
quote:
I’d support this with the added rule of no more loans for stupid, useless degrees.
Far too many Arts, English, and Sociology degree holders out there.
When it's all said and done, those are going to be the only student loans forgiven. They are starting to look at not forgiving Medical and legal, next it'll be STEM degrees. Wait until they find out how many of those loans are to minorities that went to those Herzing, SNHU type schools and took out a shite load in loans for a career as a medical bill processor
Posted on 5/3/22 at 11:35 am to CleverUserName
quote:
I can’t for the life of me why ZERO republicans are screaming this from the mountain tops.
in on the siphon.
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