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Old 12-08-2020, 04:01 PM
 
14,394 posts, read 11,252,791 times
Reputation: 14163

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Quote:
Originally Posted by WhyRUMad View Post
Lawyers have already looked into it and said he can do it. And who is going to fight something like that. It would be political suicide. I guess we will see.
I guess they feel the political heat will be worth it. But unless you correct the root cause of the problem - education costs growing faster than inflation - it’s no different than the illegal immigrant amnesty of 1986. It fixes nothing longer term and sends its own signal that what happened before might become commonplace.
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Old 12-08-2020, 04:11 PM
 
Location: New York, NY
3,672 posts, read 2,752,106 times
Reputation: 4639
Quote:
Originally Posted by markjames68 View Post
I guess they feel the political heat will be worth it. But unless you correct the root cause of the problem - education costs growing faster than inflation - it’s no different than the illegal immigrant amnesty of 1986. It fixes nothing longer term and sends its own signal that what happened before might become commonplace.
Oh I agree. The whole public education system needs fixing.
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Old 12-08-2020, 04:13 PM
 
Location: New Jersey
11,346 posts, read 16,708,690 times
Reputation: 13392
Quote:
Originally Posted by shadypinesma View Post
Such spiteful, hateful people you are.

Do people who get sick before a cure is invented shun those who get vaccines?
Reped you by accident

Nothing spiteful for someone to work 2 jobs and make sacrifices to you to college and yet someone
comes, takes out loans and the gov't writes it off.
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Old 12-08-2020, 04:17 PM
 
8,299 posts, read 3,813,817 times
Reputation: 5919
Quote:
Originally Posted by BlakeJones View Post
This is completely obscene!!

Does that mean that everyone who was responsible and paid off their loan also gets a $50,000 check?

What about people that never went to college, do they get a $50,000 voucher??
By this logic, I should be receiving millions for paying off my business loans and paying payroll out of my pocket.
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Old 12-08-2020, 04:19 PM
 
4,198 posts, read 4,087,142 times
Reputation: 4026
I paid $200 a credit at Hofstra in the 1980s. A credit now costs $1,600. Inflation hasn’t made prices go up 800% in 35 years. Colleges and universities are price gouging because they can.
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Old 12-08-2020, 04:20 PM
 
Location: Chicago, IL
9,701 posts, read 5,113,905 times
Reputation: 4270
Quote:
Originally Posted by Aeran View Post


https://www.amny.com/news/schumer-st...n-forgiveness/

Senator Charles Schumer and a number of soon-to-be Congress members have a plan to cancel up to $50,000 in student loan relief for Americans already burdened with debt before the pandemic, which has only magnified their hardships.

Congressmen-elect Jamaal Bowman, Mondaire Jones, and Ritchie Torres say they plan to make this proposal a priority upon taking office which will mean those who took out loans from the federal government could cancel a substantial amount of debt through the bill titled the Higher Education Act
When farmers were getting bailouts that dwarfed the auto bailouts under Bush/Obama... Conservatives didn't have anything to say about that...
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Old 12-08-2020, 04:24 PM
 
7,759 posts, read 3,887,225 times
Reputation: 8856
Quote:
Originally Posted by camaro69 View Post
Reped you by accident

Nothing spiteful for someone to work 2 jobs and make sacrifices to you to college and yet someone
comes, takes out loans and the gov't writes it off.
What if they couldn't get 2 jobs to pay?

Also this is not 1986. Unless you go to a sh** cheap.no name school, a bum job won't be enough to pay tuition
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Old 12-08-2020, 04:25 PM
 
Location: Honolulu/DMV Area/NYC
30,639 posts, read 18,235,725 times
Reputation: 34515
Quote:
Originally Posted by WhyRUMad View Post
Lawyers have already looked into it and said he can do it. And who is going to fight something like that. It would be political suicide. I guess we will see.
Look to any number of states to file lawsuits against this.

Standards lawyers won't be the final authority on this. I suspect this will go to the Supreme Court if it's attempted.

As for whether I believe such a move would be legal, I'd have to look more into the law at issue, but from what I hear, there seems to be sound legal argument.
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Old 12-08-2020, 04:27 PM
 
9,511 posts, read 4,344,731 times
Reputation: 10585
Quote:
Originally Posted by shadypinesma View Post
Such spiteful, hateful people you are.

Do people who get sick before a cure is invented shun those who get vaccines?

Democrat?
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Old 12-08-2020, 04:27 PM
 
7,148 posts, read 4,742,203 times
Reputation: 6502
This is their ploy to get all low-information losers in GA to go vote for democrats in Jan. Free anything sounds good to all of them. Gotta get the democrats in!
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