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08-24-2022, 05:14 PM
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#1
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,983
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Bend over
Biden has ignored the constitution, again, and transfered about #300 billion in college loan debt from the wealthy, lazy, lying students to the American middle class folks who actually work for a living, unlike the sciumbag deadbeat students.
Before mostie come here and lies, no debt is being "foregiven." It is being illegally turned into a tax on real Americans, not the lying students.
It is now official, democrats have caused far more harm to the US than BIN LADEN.
btw, was it mostie who touted the price decreases for insulin that will alleve inflation? That doesn't kick in until 2026.
GD every effing scumbag democrat to hell, the sooner the better.
__________________
Who does the Racing Form Detective like in this one?
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08-24-2022, 06:05 PM
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#2
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,134
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Quote:
Originally Posted by Tom
Biden has ignored the constitution, again, and transfered about #300 billion in college loan debt from the wealthy, lazy, lying students to the American middle class folks who actually work for a living, unlike the sciumbag deadbeat students.
Before mostie come here and lies, no debt is being "foregiven." It is being illegally turned into a tax on real Americans, not the lying students.
It is now official, democrats have caused far more harm to the US than BIN LADEN.
btw, was it mostie who touted the price decreases for insulin that will alleve inflation? That doesn't kick in until 2026.
GD every effing scumbag democrat to hell, the sooner the better.
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The student debt cancellation affects those earning less than $125,000 a year and 90% of those earn less than $75,000 a year. Hardly what I would call wealthy. unless you have a Pell grant, the maximum debt that will be forgiven is $10,000 dollars.
Those students are not lazy. If they finished college, chances are good that they are working. Many of them worked throughout college. They lie far less than you. Although much of what you post is just abysmal ignorance.
The insulin cap kicks in in 2023 not 2026!
__________________
"When you come at the King, You'd best not miss." Omar Little
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08-24-2022, 07:18 PM
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#3
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Registered User
Join Date: Jun 2006
Location: Oklahoma
Posts: 1,972
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Quote:
Originally Posted by mostpost
The student debt cancellation affects those earning less than $125,000 a year and 90% of those earn less than $75,000 a year. Hardly what I would call wealthy. unless you have a Pell grant, the maximum debt that will be forgiven is $10,000 dollars.
Those students are not lazy. If they finished college, chances are good that they are working. Many of them worked throughout college. They lie far less than you. Although much of what you post is just abysmal ignorance.
The insulin cap kicks in in 2023 not 2026!
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Biden does not have the power to forgive debt even pelosi said this.
you mean the 90% of those that earn less then 75,000 took something like gender study is this why they dont make much money?
This effects every hard working American and what about those that could not go to college because they couldnt afford to?
If they are working can they pay their own debts?
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08-24-2022, 07:21 PM
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#4
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,662
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This is just going to incentivize colleges to raise tuitions more because they know the government will keep giving out loans and students will keep taking them on hoping they will be forgiven.
__________________
"Unlearning is the highest form of learning"
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08-24-2022, 10:40 PM
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#5
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Registered User
Join Date: Jan 2007
Location: Ketchikan,AK
Posts: 2,086
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The colleges should forgive these loans, if it is just an act of compassion. Most colleges are sitting on a very big chunk of cash.
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08-25-2022, 12:10 AM
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#6
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Registered User
Join Date: May 2011
Posts: 22,692
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they should make interest paid deductible like a mortgage on your home ... you have a mortgage on your brain
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08-25-2022, 12:49 AM
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#7
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,850
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Quote:
Originally Posted by chrisl
The colleges should forgive these loans, if it is just an act of compassion. Most colleges are sitting on a very big chunk of cash.
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The colleges don’t own the loans anymore (mostly) the loans were funded by the Gov and the colleges got paid long ago
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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08-25-2022, 05:22 AM
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#8
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Registered User
Join Date: Mar 2001
Location: CT
Posts: 354
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Quote:
Originally Posted by mostpost
The student debt cancellation affects those earning less than $125,000 a year and 90% of those earn less than $75,000 a year. Hardly what I would call wealthy. unless you have a Pell grant, the maximum debt that will be forgiven is $10,000 dollars.
Those students are not lazy. If they finished college, chances are good that they are working. Many of them worked throughout college. They lie far less than you. Although much of what you post is just abysmal ignorance.
The insulin cap kicks in in 2023 not 2026!
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what happens going forward, how about all the kids starting college this week, everyone will be looking for the handout from here out
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08-25-2022, 06:05 AM
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#9
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,514
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Quote:
Originally Posted by JustRalph
The colleges don’t own the loans anymore (mostly) the loans were funded by the Gov and the colleges got paid long ago
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A new President is needed and schools need to underwrite loans so the loan fails it takes down the school.
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08-25-2022, 06:32 AM
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#10
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Registered User
Join Date: Jan 2008
Location: pen
Posts: 4,592
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the graduations hang on the wall, but they never really helped us at all..
if i was 22 years old again and had just worked my ass off for four years only to be unable to land the kind of job that my dad's generation got with a 2.0 and a pulse i can't say i'd appreciate tom's generalizations (wealthy, lazy, liar) too much.
other than that i agree with his post.
we paid our loans, now it's their turn.
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08-25-2022, 10:19 AM
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#11
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Registered User
Join Date: Jan 2020
Posts: 337
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I don’t remember the same indignation when all those scam PPP loans were forgiven.
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08-25-2022, 11:34 AM
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#12
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,134
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Quote:
Originally Posted by CaptainObvious
I don’t remember the same indignation when all those scam PPP loans were forgiven.
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You mean like this?
https://twitter.com/MeidasTouch/stat...vcWaLenBbemaPw
__________________
"When you come at the King, You'd best not miss." Omar Little
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08-25-2022, 11:37 AM
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#13
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Registered User
Join Date: Aug 2009
Posts: 6,383
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Quote:
Originally Posted by CaptainObvious
I don’t remember the same indignation when all those scam PPP loans were forgiven.
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Bull shit... people bitches about that. However the cause and circumstance for the PPP an student loans are quite different.
The government forcibly shut down business causing the need for PPP loans. No one forced the Ken's and Karen's to take out a student loan for gender studies and ancient basket weaving or some other insane woke blue haired agenda supported course. They signed the dotted line on their own accord freely. And another big difference Congress wrote the loan forgiveness into the bill. This action by Joe Briben is unconstitutional... and a impeachable abuse of power not granted to him.
On top of that... we all know this is a scheme to buy votes... another violation of federal law.
Course CaptainOblivious strikes again.
__________________
Remember To Help Old Friends Thoroughbred Retirement Center.
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08-25-2022, 11:45 AM
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#14
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Registered User
Join Date: Jan 2007
Location: Ketchikan,AK
Posts: 2,086
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Quote:
Originally Posted by JustRalph
The colleges don’t own the loans anymore (mostly) the loans were funded by the Gov and the colleges got paid long ago
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That is my point. This will never happen. These colleges are sitting on piles of money. They have been paid. If this is for the good of the nation, as it is being billed as. Colleges should give the money back. Erase the loan as if never happened. We do not have the money, colleges sure do. All I was trying to say.
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08-25-2022, 11:47 AM
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#15
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Registered User
Join Date: Dec 2005
Location: Western NY
Posts: 5,359
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Since Joe's economy is the strongest ever, unemployment is so low we need to bring illegal aliens in to fill jobs, recent college grads should have no problem getting a job to pay back their loans. In fact, it should be a breeze since now inflation is "zero" according to Joe.
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