student loan forgivemess

[Jim in CT]

Harvard’s endowment is over $40,000,000.000.00

Instead of asking Harvard to pony up to make college more affordable, we’re going to tax middle class truck drivers and plumbers to foot the bill for student loans that fund the harvard empire.

It gives colleges less incentive to cut costs, not more, when you transfer student loans to the public.

So stupid.

Why do peoplle who have loans today, deserve a gift more than people who just got done paying off their loans?’

It’s exactly backwards.

[The Dad Fisherman]

It’s completely idiotic
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[Jim in CT]

Originally Posted by The Dad Fisherman

It’s completely idiotic
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republicans do plenty of idiotic things.

this is a vote buy that has absolutely zero logic. It incentivized colleges to double the price. Why not, the feds will pick up the tab.

it’s wrong for so many different reasons.
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[wdmso]

Originally Posted by Jim in CT

republicans do plenty of idiotic things.

this is a vote buy that has absolutely zero logic. It incentivized colleges to double the price. Why not, the feds will pick up the tab.

it’s wrong for so many different reasons.
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this is a vote buy

I thought you respected POTUS who keep their campaign promises

so Only liberals go to college and have loans. And are the only Americans getting this relief .

Yep that’s what the Maga universe thinks
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[wdmso]

we’re going to tax middle class truck drivers and plumbers to foot the bill

Why are you against those people kids who are getting 10k wiped cleaned

So now they only owe 80k in student loans


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[Jim in CT]

Originally Posted by wdmso

we’re going to tax middle class truck drivers and plumbers to foot the bill

Why are you against those people kids who are getting 10k wiped cleaned

So now they only owe 80k in student loans


Posted from my iPhone/Mobile device

You can't get one right by accident, can you?

Tell me why, if someone voluntarily chose to take out this kind of loan at this time...why are they more deserving of this gift, than others who chose not to go to college, or others who went to college and paid their loans back already. Tell us WHY these people, who owe money today, deserve this money more than anyone else who is struggling for any reason.

Do you not understand, that this gives colleges more reason to raise prices? Just take out bigger loans that will be wiped clean.

You are physically incapable of disagreeing with anything the left does.

Please, tell me what you’d say to somebody who made big sacrifices and just done paying off their student loans?

[The Dad Fisherman]

He’s waiting for the MSNBC story so he can reply to you with the proper talking points.
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[Jim in CT]

Originally Posted by The Dad Fisherman

He’s waiting for the MSNBC story so he can reply to you with the proper talking points.
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i have a neighbor who’s kid didn’t want to go to college. he took out a small business loan and bought a trailer and some landscaping equipment, owns his own little business

Give me one conceivable reason why a student loan gets forgiven, but not his business loan?

answer - student loans enrich colleges which are huge allies of the democrat party.

this is also a huge transfer of wealth from the poor to the upper class.


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[nightfighter]

Originally Posted by Jim in CT

i have a neighbor who’s kid didn’t want to go to college. he took out a small business loan and bought a trailer and some landscaping equipment, owns his own little business

Give me one conceivable reason why a student loan gets forgiven, but not his business loan?

answer - student loans enrich colleges which are huge allies of the democrat party.

this is also a huge transfer of wealth from the poor to the upper class.


Posted from my iPhone/Mobile device

Gonna run up the BS flag on you here. First you need to back up your answer with facts about how student loans and their forgiveness directly enrich colleges. I am sure you can come up with bullet proof documentation... And secondly, let's pull the name of the kid's landscaping business and the town he is in. I will put money down that he got a PPP loan, and maybe two, since forgiven, that would be twice what i made during those two years. Tell me how that loan was more deserving please....

[nightfighter]

$800 Billion in the PPP boondoggle makes this look like well spent chump change. The #^&#^&#^&#^& people get crazy about and they conveniently forget when they benefitted from going to the well.....

[Jim in CT]

Originally Posted by nightfighter

$800 Billion in the PPP boondoggle makes this look like well spent chump change. The #^&#^&#^&#^& people get crazy about and they conveniently forget when they benefitted from going to the well.....

i didn’t like PPP either, but that was done to save jobs that weren’t lost by anyone’s choice, they were lost because the government shut them down.

the government didn’t force anybody to take out any student loans.

why should a poor person struggling every month, bear the burden of someone making 250k who chose to take out loans? other then the fact that you like that you’re benefitting, what’s the logic?
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[scottw]

Originally Posted by nightfighter

.. And secondly, let's pull the name of the kid's landscaping business and the town he is in. I will put money down that he got a PPP loan, and maybe two, since forgiven, that would be twice what i made during those two years. Tell me how that loan was more deserving please....

so weak,,,,,,,

[Jim in CT]

Originally Posted by nightfighter

Gonna run up the BS flag on you here. First you need to back up your answer with facts about how student loans and their forgiveness directly enrich colleges. I am sure you can come up with bullet proof documentation... And secondly, let's pull the name of the kid's landscaping business and the town he is in. I will put money down that he got a PPP loan, and maybe two, since forgiven, that would be twice what i made during those two years. Tell me how that loan was more deserving please....

call back all you want.

government-backed loans are a huge boon to colleges. The college has absolutely zero risk because they get their money up front.

economics 101. cheap money makes prices higher.

this will make it way worse. kids will
assume future loans will
be transferred away from
them, so why not take out a stupid loan?

i don’t have documentation. it’s common sense. if students were forced to rely on savings, colleges would be forced to lower prices.

you can’t win this one with logic. because there isn’t any to support it. it’s a vote buying transfer of wealth that will benefit affluent people
far more than it will benefit poor people.

business owners were victims of ( it turns out) stupid state governments shutting down the economy. the business owners didn’t choose to shut down the economy
.

your kids chose to take out the loans. big, big difference.
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[The Dad Fisherman]

Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will

Shocking

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[Jim in CT]

Originally Posted by The Dad Fisherman

Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will
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you posted a photo once of what it’s like debating with these guys…a cinder block?

it’s stupid for many many reasons.


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[Jim in CT]

Originally Posted by The Dad Fisherman

Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will

Shocking

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You were 100% right, he finally responded and said it was fake outrage from the sheep. That was the best he could do.

[wdmso]

Originally Posted by Jim in CT

You were 100% right, he finally responded and said it was fake outrage from the sheep. That was the best he could do.

You 2 do hate the Truth
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[Jim in CT]

Originally Posted by wdmso

You 2 do hate the Truth
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4th time, why is it important for all of us to pay back your daughters loan, yet you feel
no obligation to pay off the small business loan taken out by the 18 year old who lives next door to me.

Why is forgiving your loans more important to the american public, than forgiving his loan?

The “truth” is, that’s what just happened. So why can’t you tell us why it’s a good idea?
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[Pete F.]

Trump saves millions in property taxes by owning a dozen goats & pretending Bedminster is a farm, but GOP wants you to believe relieving student debt is a handout.
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[Jim in CT]

Originally Posted by Pete F.

Trump saves millions in property taxes by owning a dozen goats & pretending Bedminster is a farm, but GOP wants you to believe relieving student debt is a handout.
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so it’s not a handout, because trump takes advantage of existing loopholes.

we’re all shocked you pivoted to Trump bashing here pete. Stunned.

There are plenty of democrats who hate this. Sorry,,this one has nothing to do with trump.

Oh, and isn’t that what about-ism? as always, everything is ok when the left does it!
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[Pete F.]

Forgiven PPP loans

Marjorie Taylor Greene: $183,504

Boebert: $233,305

Catholic Church: $3.5 billion

Joel Osteen: $4.4 million

Tom Brady: $960,855

GOP should slink away in shame for attacking Biden for forgiving $10,000 of student debt

But they won’t cuz they have no shame
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[Pete F.]

MAGA Boomer: At your age I paid off college & bought a house w/hard work

Millennials: At your age college was 3% of median salary—Now its 20%. A median home was $17K—Now its $363K. The top marginal tax rate was 70%—now its 37%. You worked hard—& then closed the door behind you.
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[Jim in CT]

Originally Posted by Pete F.

MAGA Boomer: At your age I paid off college & bought a house w/hard work

Millennials: At your age college was 3% of median salary—Now its 20%. A median home was $17K—Now its $363K. The top marginal tax rate was 70%—now its 37%. You worked hard—& then closed the door behind you.
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loan forgivemess encourages colleges to keep hiking cost. there’s less reason for them to keep costs down now. you don’t see that?

and again, why do student loans get forgiven, but not small business loans taken out by young people who chose not to go to college? i’d live an explanation for that.
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[nightfighter]

Originally Posted by Jim in CT

loan forgivemess encourages colleges to keep hiking cost. there’s less reason for them to keep costs down now. you don’t see that?

and again, why do student loans get forgiven, but not small business loans taken out by young people who chose not to go to college? i’d live an explanation for that.
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I have always been a right leaning independent who appreciates most of the republican platforms over my adult life. I am not a democrat. BUT...at 65 years of age (next month) I can clearly see the R party has not done #^&#^&#^&#^& for me. it is all about the small rich in power groups that have survived the fiscal musical chair charade that has existed since I first got in the working world. Politicians don't give a #^&#^&#^&#^& about me. Their rules and laws have porked me all along. In divorce court, when I had to give up half my 4o1k and retirement funds. And then had to pay early withdrawal penalty AND taxes when ex did not roll it over. I did not put in for unemployment. Nor did I get a call to apply for PPP, since I couldn't conceive that I would do so on my own... Just did not occur to me. And now all that boondoggle money is forgiven! Just go through the list in your own town and see who got it, sometimes twice, and were forgiven... It is disgusting how there was zero accountability. Note that I did not assign that disaster to a political party... I have paid my taxes. I pay cash for home improvements. We do not have credit card debt or any car loans. We have a mortgage which will likely not be paid off in my lifetime after getting #^&#^&#^&#^&ed by Bank America when they sold off a portion of our loan but held onto the rest of it... Took us 8 years to get out of there. Thieves. Care to assign a political party to that? I can. So I am not in the one percenter group. Nor the ten percent group... And I am resigned and ok with that at this stage of life. I recognize who the scumbags are. This student loan deal is the very first that will directly affect me in a positive way, as I still have about 20k left on my kids' loans and they are almost 30 years old. My ex still has over 100k in her name... Don't care. But the system allowed everyone to take these loans by simply typing on a laptop... And which party appears to have the support of the people who ran those lenders???? The can gets kicked down the road again. And will continue until the government takes away the ability of colleges to rape the population with these outrageous tuitions to support and pay "instructors" who are teaching our youth a bunch of nothing... I am going to take the 10k reduction and recognize it as the first and only piece that has been of direct benefit to me... I have been paying for all the other CRAP for decades so i have zero remorse on this one.

[nightfighter]

You are irresponsible in your posts. Quote me properly. "This" is not "his" so it will not be put in a political context. This is a write off... YOU are not writing a check directly for this write off. It is a governmental accounting practice. You will not be writing a check with a memo that says "deadbeat student loan debit" anymore than you will be writing the check for the HIMARS being sent to Ukraine. Face the fact that politics and politicians are crooked. Yours. Mine. Everyone of them. So until you get my student loan forgiveness bill, STFU.

[Nebe]

Where is everyone’s outrage when the rich get tax cuts worth billions?

Realistically I see this move doing nothing for the economy.
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[Jim in CT]

Originally Posted by Nebe

Where is everyone’s outrage when the rich get tax cuts worth billions?

Realistically I see this move doing nothing for the economy.
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you don’t get it. a tax cut is allowing people to keep more of what is theirs. It’s THEIRS. we can debate whether the wealthy pay enough, but that’s what a tax cut is.

This idiotic move, is nothing like that. This is taking money from poorer people and giving it to wealthier people.

Why am i responsible ( after paying off my wife’s masters degree last year with no help from the taxpayers) for someone else’s debt? They borrowed the money, it’s their obligation, not mine.
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[scottw]

Originally Posted by Jim in CT

you don’t get it. a tax cut is allowing people to keep more of what is theirs. It’s THEIRS. we can debate whether the wealthy pay enough, but that’s what a tax cut is.


Posted from my iPhone/Mobile device

you'd think you wouldn't have to explain this to intelligent people....

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?

[nightfighter]

Originally Posted by scottw

you'd think you wouldn't have to explain this to intelligent people....

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....

Wrongly accused. Show me where I fit in to your narrative, please.

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 cab't pay their student loans in brandon's fabulous economy?

Again, YOU have wrongly represented ME in your political narrative, and your gross generalizations are showing your lack of insight for your argument.

[scottw]

Originally Posted by nightfighter

Again, YOU have wrongly represented ME

.

I didn't even know you were here...