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the folks with student loans got the degree(product) presumably or some education, room and board...., now they decided they don't want to pay for it despite promising to pay for it....they should have to give back all or part of the degree(I don't think they can return the food and housing they consumed) if they don't want to pay for it.... student loan payments have been paused for more than two years....and will continue to be paused till December....and they can't pay their student loans in brandon's fabulous economy? |
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Summers rejected comparisons between student debt proposals and other instances in the recent past in which the federal government intervened with economic relief measures. “There is no analogy with bank bailouts. Student loans are grants that cost the government money,” Summers said. “The bank bailouts were loans at premium interest in which the government turned a profit.” Summers also noted that he was “not enthused” when the federal government offered “Paycheck Protection Loans” to small businesses during the economic upheaval of the COVID-19 pandemic. “But, at the time it was extended, the economy was in the worst free fall in a century. Now, job openings are at record rates,” he added. “I think the best way to relieve student debt would be to allow it to be discharged in bankruptcy,” Summers said. “I’d support this reform. It would also penalize other private creditors, unlike government debt relief that would in part subsidize them.” |
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And only an angry man would frame this issues as us against them You seem to be making a standard for deserving.. when income is the only standard being used . This relief isn’t about deserving or not deserving but you conveniently make it about that when you disagree .. Does my son deserve to get his college paid because he served? Do I deserve hearing aids because of being blown up in Iraq . No. neither of deserve those benefits provided. Just because we wore a uniform . We are entitled under the laws written Just like anyone whos getting this relief 99.9 % are thankful for the help . The other .01 may think they deserve it but they would be wrong I just don’t view the word in such a distorted view But you have no issues with vouchers for private schools . Never hear you say anything like why do they deserve to go to a private school . Do you feel families who own million dollar ocean front homes that get destroyed by hurricanes . Get rebuilt by government money Never hear why do they deserve government assistance? The GOP is just a childish driven party based on culture war division Void of anything policy driven except the lower taxes mantra for the rich. I guess they are deserving of their tax reduction and the working class should STFU about that . Because without them you’d have no job Posted from my iPhone/Mobile device |
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But keep focusing you arguments on the possible 1% marking over 250k. And ignore the majority Posted from my iPhone/Mobile device |
[QUOTE=Jim in CT;1231771]helps lower and middle income people? the income cap for families is $250,000.
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This program will completely erase the student debt of about 20 million.
20 million AMERICANS. Which includes republicans democrats independent all races and religions And yet Republicans are upset Let that soak in they are upset that 20 million people will have a few extra bucks to put back into their families Posted from my iPhone/Mobile device |
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great comparison....:scream: |
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But I guess in your world view there are no students who’s have paid 90 k back . of the hundred k they borrowed ? But They are partying losers for getting their last 10k relived . I don’t consider Deserve and entitled as being same thing. Ps who are all these people who don’t want to pay their loans back? Oh wait that’s what you’ve been told is happening.. I bet. You think the 15% min corporate tax increases is a tax increase on you because that’s what you were told Top Republican Tax-Writer Falsely Claims that Minimum Tax for Huge Corporations Is a Tax Hike on Middle-Class See a trend Posted from my iPhone/Mobile device |
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I just realized why so many trumpers are loosing their minds over this.
THEY DIDN'T GO TO COLLEGE Posted from my iPhone/Mobile device |
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I thought you mon was a Dr. So how much did you have in loans? |
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Why college loans? Why not make us help other people with other kinds of loans? People who make 250k a year need our help to pay off student loan debt? Schools with massive endowments need our help to stay flush with cash? I don't get it. I get where pro-abortion people are coming from, I get where anti-gun people are coming from...this issue might be the stupidest idea in 100 years. |
Why is the burden of a college loan more important than the burden of a mortgage? Or the burden of a car loan?
You wanted something, you borrowed the money to get it, now you have to pay it back. It’s really that simple. Posted from my iPhone/Mobile device |
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We do give mortg. interest deductions. Only benefits some and not others like renters. |
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Our tax code (and other policies) picks winners and losers. |
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Point??? Posted from my iPhone/Mobile device |
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