Rand Paul wants to allow students to dip into retirement accounts to pay off loan debt (wage, healthcare)
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1. It's a tax dodge.
2. it's a bad idea. I know conservatives love giving people enough rope to hang themselves, and then laughing when they put the rope around their neck.
3. It's another gift to the wealthy and well-off if that actually was something we allowed. Everyone else would be in the same boat they're in now.
They are poor and broke remember?
They are adults and It's their money, let them use it to pay off their debt. Better than the current Democrats wanting you and me paying off all their loans.
Also "Another provision would allow employer-sponsored student loan and tuition payment plans to be tax free up to $5,250, Paul said. A small but growing number of the nation’s employers are offering such assistance. The bill also would repeal the cap and phase out on deducting student loan interest, he said."
Yeah I benefited from tuition reimbursement by landing a meager help desk job for a defense contractor while in college. That effectively meant night school but I had no debt. But with a lot of these entry level sort of jobs being shipped overseas that’s made that arrangement harder to find.
They are adults and It's their money, let them use it to pay off their debt. Better than the current Democrats wanting you and me paying off all their loans.
Or we just cap total interest accrued on the life of the loan.
Or we just cap total interest accrued on the life of the loan.
Or we can make people honor signed contracts.
Or maybe get government out of the college loan business since costs skyrocketed when they got involved. - helllooo???
Capping interest? Why?
Lets get government to stop predatory lending on government loans. Absolutely perfect.
Haha.. You don't know how to solve problems and you make things up that have nothing to do with what was being discussed.
Just admit you don't know how a 401k works. You think they have nothing to do with the stock market. And you don't understand how paying for expenses with 401k funds is a tax dodge. Those are the two most important features of a 401k and you don't understand them.
Also, still waiting for an answer to my question about private schools that you've dodged for the FIFTH time.
Or we can make people honor signed contracts.
Or maybe get government out of the college loan business since costs skyrocketed when they got involved. - helllooo???
Capping interest? Why?
Lets get government to stop predatory lending on government loans. Absolutely perfect.
Don't worry about it. You wouldn't understand.
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