43M Dem voters misled by fake student loan payoff con...enter plan B (salary, how much)

[dsjj251]

Originally Posted by beach43ofus

Should our side just sit back and allow unconstutional behavior from your side? I think not.

2 fold flaw.

1. we werent arguing constitutionality, we simply argued whether someone fulfilled the promise.

2. If debt forgiveness is unconstitutional, then by definition, so were PPP loans, and so is Bankruptcy, and so were student loans that were already scheduled to be forgiven, and so is army/Navy debt forgiveness programs, and farm debt relief programs and....... well, you get my point.

but atleast you admit you understand your false post.

[dsjj251]

Originally Posted by Crossfire600

Because there shouldn’t be any loans forgiven. All these people signed loans and committed to repayment. Pushing that responsibility onto to backs of the working class is not only morally wrong but illegal the way Joe tried to do it which is why it’s been blocked.

I have to admit, even I am shocked at the complete lack of personal responsibility we have created in society. There was a day this would have shocked even those who took loans out. No way they would have allowed their neighbor to pay for their loans. Yet, here we are with millions of self centered, entitled brats not only expecting this but demanding it.

Um, debt forgiveness does not increase interest rates, or even spread out the remainder of the loan to others, so why do you guys keep saying it puts the responsibility on the backs of others ????

Also, why is it you believe working class people dont have student loans ?????

[RamenAddict]

Originally Posted by beach43ofus

Thx for posting this...I didnt know about that connection between student loans and Obamacare. I was still working tons of hours back then, so wasn't as tuned in as I am now.

Dems keep piling on new entitlements, and the Pubs won't stop them, so we're $32T in debt...dead broke.

I knew about it, but I don’t think it’s a D vs R issue. I remember talking about it at the time since I was taking out loans and complaining that the rates for private were so much lower at the time than the GradPLUS. I couldn’t justify taking out a GradPLUS since the likelihood was that over time I’d probably still end up paying less by paying off the entirety of my private loans than consolidating and paying some insane interest rate to have a GradPLUS loan.

I have always thought the best option is simply to forgive the interest after people pay on time for a set period. I think a lot of people would actually be fine with that as an alternative as there are people out there who aren’t really making a dent once you take into account all the origination and other fees added on. I think when I was in school, GradPLUS ended up being at over 12% with everything included, compared to my private loans that have often been under 2% and never over 4%.

Please don’t place the blame entirely on Ds for the debt. The R tax cuts also helped with that.

[odinloki1]

Originally Posted by beach43ofus

https://www.foxnews.com/media/biden-...rnal-emergency

This is Biden's handlers effort to calm down the 43M student loan holders that got scammed out of their Midterm votes.

The plan is to delay repayment now until June 2023. Maybe they'll forget they were scammed by then...we gotta get them back into the hive before Nov 2024.

The Pubs in Congress must immediately reverse, & remind them all it was the COURTS that ruled it unconstitutional...JOE conned them.

Sorry, but the courts are unaccountable political agents as shown in Dobbs and many other rulings.

Student loans just might more attention to the courts. This was a conservative Trump appointee giving a conservative court what they wanted.

Evangelicals who are pro family values voted in a twice divorced ***** grabbing man who cheated with a pornstar in order to get judges they wanted.

Now the public is putting more attention on the court and we are supposed to believe they are objective.

Sorry doesn’t pass the smell test. The courts are just political lackeys. Now the left is waking up to what the right has known for decades.

[GuyNTexas]

Originally Posted by RamenAddict

You do realize that republicans hold student loans as well and were also affected by this? Last I looked, it isn’t just people with a D after their name who take out student loans. I say this as someone not eligible for this who took out much lower interest private loans because I didn’t have any faith that there would be any loan forgiveness.

Only the most psychologically fit students can withstand 4 years in a University setting, and remain conservatives. For most, the brainwashing is simply too intense.

Besides, when it comes to “freebies”, the temptation is too great , and it’s been one of the hallmark strategies of the liberal left to buy votes. Freebies for everyone! Just vote for me!

And that’s always been the biggest problem with liberal ideology … you eventually run out of other people’s money to give away.

[hustler5874]

Working citizen's tax money paying off degenerate's degrees so they can continue bashing American about how oppressed they are. I'd take everyone on that list, put their asses on a boat and ship them to China. Communists should be in China.

[BeerGeek40]

Originally Posted by RamenAddict

I knew about it, but I don’t think it’s a D vs R issue. I remember talking about it at the time since I was taking out loans and complaining that the rates for private were so much lower at the time than the GradPLUS. I couldn’t justify taking out a GradPLUS since the likelihood was that over time I’d probably still end up paying less by paying off the entirety of my private loans than consolidating and paying some insane interest rate to have a GradPLUS loan.

I have always thought the best option is simply to forgive the interest after people pay on time for a set period. I think a lot of people would actually be fine with that as an alternative as there are people out there who aren’t really making a dent once you take into account all the origination and other fees added on. I think when I was in school, GradPLUS ended up being at over 12% with everything included, compared to my private loans that have often been under 2% and never over 4%.

Please don’t place the blame entirely on Ds for the debt. The R tax cuts also helped with that.

Good post and a compromise soluion, I'm against the deadbeats getting a complete bailout but it also seems morally wrong to have someone in debt for life due to some poor choices they made when young.

[moneill]

I'm not sure the courts delaying or completely halting the forgiveness comes back to bite the Biden administration.



Both Republican and Democrat administrations have offered 'specialized' tax credits, loans, handouts over the years.

Pretending the Dems do it more is the Republican war cry.

It is true, not just Republicans think the whole forgiveness plan is misguided. I don't think the plan was a good one. It does little to solve the problem. Problem is the high cost of university or college education. And while so many think those are mainly 'liberal good for nothing' degrees -- it isn't true. Many professions, careers requrie extensive education that requires a great cash outlay.

If the courts completely halt it -- not sure I will see it as a Biden failing -- as much as inevitable, he tried.....not a make or break voting issue and I don't think it is for more people -- even the young ones.

We know that young people aren't the only ones with loans right?

[YourWakeUpCall]

Originally Posted by BeerGeek40

Good post and a compromise soluion, I'm against the deadbeats getting a complete bailout but it also seems morally wrong to have someone in debt for life due to some poor choices they made when young.

I'd be OK with that if young people would acknowledge their lack of judgement/experience and capitulate certain decisions to actual adults. There is no way a freshly graduated high school should be able to sign up for a lifetime of debt without an adult cosigner.

[BeerGeek40]

Originally Posted by moneill

I'm not sure the courts delaying or completely halting the forgiveness comes back to bite the Biden administration.



Both Republican and Democrat administrations have offered 'specialized' tax credits, loans, handouts over the years.

Pretending the Dems do it more is the Republican war cry.

It is true, not just Republicans think the whole forgiveness plan is misguided. I don't think the plan was a good one. It does little to solve the problem. Problem is the high cost of university or college education. And while so many think those are mainly 'liberal good for nothing' degrees -- it isn't true. Many professions, careers requrie extensive education that requires a great cash outlay.

If the courts completely halt it -- not sure I will see it as a Biden failing -- as much as inevitable, he tried.....not a make or break voting issue and I don't think it is for more people -- even the young ones.

We know that young people aren't the only ones with loans right?

Problem is the high cost of university or college education.
=============

Only half the problem here. The other half is that Uncle Sam is guaranteeing loans, pushing people to go to college, who shouldn't be going! The government caused the problem in the first place.