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Started By
Message
re: White House set to cancel $10k of student loans
Posted on 5/27/22 at 9:00 am to BurningHeart
Posted on 5/27/22 at 9:00 am to BurningHeart
Joe really needs more votes!
0
Posted on 5/27/22 at 9:01 am to BurningHeart
Can I get my 10k retroactive?
Reparations damn it!!!
Reparations damn it!!!
Posted on 5/27/22 at 9:01 am to Joshjrn
They should cancel my shite out of principal. I did the math on mine the other day.
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
That's some fricked up shite. And my loans wont be cancelled anyways. Mine are evidently held by private companies.
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
That's some fricked up shite. And my loans wont be cancelled anyways. Mine are evidently held by private companies.
Posted on 5/27/22 at 9:02 am to King
quote:
They should cancel my shite out of principal. I did the math on mine the other day.
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
That's some fricked up shite. And my loans wont be cancelled anyways. Mine are evidently held by private companies.
You don't understand how interest accrues and you think yours should be cancelled on "principle?"
Posted on 5/27/22 at 9:03 am to Pettifogger
What about SBA loans. They should get forgiven also.
Posted on 5/27/22 at 9:03 am to BurningHeart
This may backfire. 10k will ultimately not be enough for these leeches.
Posted on 5/27/22 at 9:04 am to King
quote:
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
Is your lender Italian and you did this without paperwork?
Goodness man
Posted on 5/27/22 at 9:05 am to YeastExtract
Thats the easy argument against any kind of forgiveness. Why 10k? Why not 100k? Why not all debt for everybody?
Posted on 5/27/22 at 9:05 am to King
quote:
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
Yikes
There's so much here I don't know where to start
Posted on 5/27/22 at 9:05 am to King
quote:
I took out 25k in loans. I have paid back 36k in the 17 years I have been paying. So, after them getting their initial money back and getting 11k in profit, I somehow still owe roughly 12k or half of my original debt.
That's some fricked up shite.
Probably because you are just paying the minimum payment. This is math dude. You should have known this.
Posted on 5/27/22 at 9:08 am to frogtown
quote:
Probably because you are just paying the minimum payment. This is math dude. You should have known this.
Why he wouldn't refinance those, I have no idea. I'm guessing his interest rate is like 8%. If he has decent credit, he could have refinanced to less than half that
Posted on 5/27/22 at 9:09 am to BurningHeart
They are not cancelling debt. They are redistributing debt to the American taxpayers.
Posted on 5/27/22 at 9:09 am to BurningHeart
quote:
White House set to cancel $10k of student loans
This is more "helicopter money" that will add to inflation. Inflation, in which, the Biden administration is saying they are trying to fight. Idiots.
This post was edited on 5/27/22 at 9:33 am
Posted on 5/27/22 at 9:09 am to BurningHeart
quote:. While baby formula is being flown in from other countries. This administration has its priorities in order
Listening to cnbc right now. Biden was planning to announce after the weekend but decided to push it up because of the school shooting
Posted on 5/27/22 at 9:19 am to BurningHeart
When all is said and done, I somehow think there are a couple of zeros missing, knowing the Dems.
Posted on 5/27/22 at 9:19 am to BurningHeart
I guess I should have had my kids take student loans. 2 of the three have already graduated on the mom and dad plan. 1 is a senior.
Frick this!
Frick this!
Posted on 5/27/22 at 9:21 am to BurningHeart
And nobody that receives this benefit will have any idea how it further cripples our economy.
Lovely.
Lovely.
Posted on 5/27/22 at 9:31 am to Eighteen
quote:
Sucks for those responsible to pay back already. Sucks for those who got a degree and good paying job.
I graduated recently and haven't had time to make enough to pay off $30k in student loans. I don't think that makes me irresponsible. I graduated in 4 year and have my degree with a good job. Not making $125k yet though.
Not saying whether this is wrong or right, but not every person benefitting would be an irresponsible bum.
Posted on 5/27/22 at 9:33 am to BurningHeart
quote:
Biden was planning to announce after the weekend but decided to push it up because of the school shooting
Oh thank God! Any sorrow and sympathy I had for the school shooting has been dissuaded by this announcement.
What a fricking retard.
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