Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-01-2022, 05:53 PM
 
Location: Rural Wisconsin
19,830 posts, read 9,392,703 times
Reputation: 38419

Advertisements

https://www.washingtonexaminer.com/n...-000-borrowers

QUOTE FOR ABOVE LINK, my italics and bold: The Biden administration is offering a new round of student loan debt relief for more than half a million borrowers who were students of Corinthian Colleges.

The action will see $5.8 billion in full loan discharges for 560,000 borrowers, marking the single largest loan discharge in the history of the Department of Education, and brings the total student debt relief extended by the administration to $25 billion.


[snip]

"This is a major problem facing younger Americans, but it's also obviously a potential huge win for President Biden after [Sen. Joe] Manchin (D-WV) blocked him from addressing voting rights," one official said. "The party needs black voters to turn out at 2020 levels to hold on to congressional majorities, which will be essential to furthering the president's economic agenda. Two birds, one stone."

Fiscal conservatives, however, predict that Biden's loan relief could exacerbate already historic inflation, and elected Republicans have stated that the initiative should be viewed as an outright bribe heading into the midterm elections.
[END QUOTE]


So do you think this will bring the Democrats more total votes or fewer total votes?

And do you view this as a "bribe" or that it is done out of genuine concern for younger people burdened withs student debit or something else?
Reply With Quote Quick reply to this message

 
Old 06-01-2022, 06:05 PM
 
27,164 posts, read 15,341,945 times
Reputation: 12082
No doubt a bribe.
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:08 PM
 
Location: San Diego
50,357 posts, read 47,109,092 times
Reputation: 34101
Notice how he hand picked who gets the freebies. Can't compete with Obama/Biden freebies. Low information voters will gobble it up. The rest of American kids will get hosed.
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:12 PM
 
Location: Retired in VT; previously MD & NJ
14,267 posts, read 6,967,859 times
Reputation: 17878
It appears these are students who were defrauded by the school they went to ( Corinthian Colleges) . So not a wholesale or arbitrary list of borrowers. I didn't see anything about the loan forgiveness being only for Democrats.
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:13 PM
 
Location: Long Island
32,816 posts, read 19,506,087 times
Reputation: 9619
why should the government forgive (pay for) any loans (with taxpayer money).... they (the students) SIGNED A CONTRACT for that loan...its their JOB (responsibility) to pay that loan, not us taxpayers giving them a free ride

no more handouts...no more bailouts
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:14 PM
 
3,595 posts, read 1,796,792 times
Reputation: 4726
Quote:
Originally Posted by bluesjuke View Post
No doubt a bribe.
It’s how every dictator in the history of the world initially took power. This is bull crap that the vast majority of us who didn’t go to college are responsible for some suburban kids masters in gender studies.
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:19 PM
 
Location: Sputnik Planitia
7,829 posts, read 11,799,875 times
Reputation: 9045
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:22 PM
 
18,488 posts, read 8,308,404 times
Reputation: 13799
I don't like my car loan either.....good lord.....only a certain college qualifies

azzwipe throwing money around like it's not his.....democrat
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:25 PM
 
Location: Southeast US
8,609 posts, read 2,313,009 times
Reputation: 2114
Quote:
Originally Posted by ansible90 View Post
It appears these are students who were defrauded by the school they went to ( Corinthian Colleges) . So not a wholesale or arbitrary list of borrowers. I didn't see anything about the loan forgiveness being only for Democrats.
I sure would like to see the government going after these for-profit bull**** colleges and their management.

You're talking $5.8B. The Leftists wants $1.5T.

for the math-challenged, that's 260X this little measure.
Reply With Quote Quick reply to this message
 
Old 06-01-2022, 06:44 PM
 
Location: Sunny So. Cal.
4,405 posts, read 1,706,769 times
Reputation: 3313
Quote:
Originally Posted by Eyebee Teepee View Post
I sure would like to see the government going after these for-profit bull**** colleges and their management.

You're talking $5.8B. The Leftists wants $1.5T.

for the math-challenged, that's 260X this little measure.
The government DID go after them, under the Obama administration. Trump undid a lot of it.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top