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No One has been Required to pay a Single Dime of Federal Student Loans since the President took Office (1 Viewer)

jonny5

jonny5

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So says Psaki like this is a good thing. Its not. The tax payers are owed hundreds of billions of dollars from people who spent the money on education. We have record low unemployment, record job openings, covid is done, and there is simply no reason for people to not be paying their debts back. The govt collected 2.1 trillion in income tax already this year, so people are earning money. Its time to make them pay us what we're owed.

And if they dont want this to happen again, end the federal loan program. Its not the job or the power of the federal govt to pay for college.
 
Moreover, they didn't get a dime's worth of value from their educations either.

Leave it to dems to squander money we don't have on the utterly worthless we could do without.
 
Why just student loans? What about that VA Mortgage Joe?

I don't understand why he's doing it. Most of these BA Basket Weaving seekers were going to vote for you anyway. And he's letting all those votes in on the border.

So who is going to pay off the banks?
 
If you were paying attention you'd know Biden repeatedly states during his campaign that he would cancel student debt. Many people are wondering why he hasn't done it already. Maybe he's waiting until closer to the midterms. Maybe he doesn't have enough support within his own party.

In any case, I hope he succeeds in canceling all student debt.
 
EdwinWillers said:
Moreover, they didn't get a dime's worth of value from their educations either.

Leave it to dems to squander money we don't have on the utterly worthless we could do without.
Click to expand...
Education is worthless? No value at all from education? We can do without education?

Fascists don't like education either. More fascism from Republicans.
 
jonny5 said:
So says Psaki like this is a good thing. Its not. The tax payers are owed hundreds of billions of dollars from people who spent the money on education. We have record low unemployment, record job openings, covid is done, and there is simply no reason for people to not be paying their debts back. The govt collected 2.1 trillion in income tax already this year, so people are earning money. Its time to make them pay us what we're owed.

And if they dont want this to happen again, end the federal loan program. Its not the job or the power of the federal govt to pay for college.
Click to expand...
Are you blaming Biden for the CARES act?

Federal student loan holders haven't had to make payments since March 2020, when then-President Donald Trump signed into law the CARES Act, which paused payments through September 2020 and froze interest accumulation for the roughly 42 million borrowers.
 
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SenorXm/Sirius said:
Education is worthless? No value at all from education? We can do without education?

Fascists don't like education either. More fascism from Republicans.
Click to expand...
Education wouldn't have pulled that nonsensical summary out of what I [actually] said.
 
Loulit01 said:
If you were paying attention you'd know Biden repeatedly states during his campaign that he would cancel student debt. Many people are wondering why he hasn't done it already. Maybe he's waiting until closer to the midterms. Maybe he doesn't have enough support within his own party.

In any case, I hope he succeeds in canceling all student debt.
Click to expand...

He's not "cancelling" student debt, he is transferring their debt to other people who didn't borrow the money.
 
EdwinWillers said:
Moreover, they didn't get a dime's worth of value from their educations either.

Leave it to dems to squander money we don't have on the utterly worthless we could do without.
Click to expand...
Your attempt to label all college degrees as pointless is ridiculous and theatrical. My electrical engineering degree has set my life up nicely and I've gotten millions of dimes worth of value from it.

Just because you're uneducated and hate people who got an education, doesn't mean you have to pretend it's all useless, it isn't.

EdwinWillers said:
Education wouldn't have pulled that nonsensical summary out of what I [actually] said.
Click to expand...
That's literally what you said. You said everyone who has ever gotten a degree got no value from it. Own your own words like a man might, or recant the stupid thing you said.
 
Some of us actually PAID for our education

Some worked their way thru school....some decided that to keep loans lower, junior college was the best way for the first two years

Everyone made choices.....if you decided to go 80k into debt to get a degree for a job that pays you 30k....maybe a really bad decision

But no way in hell should these loans be forgiven....not without giving every other American the same basic amount of money they will give to these people

If we are going to add to the credit cards, lets add for EVERYONE....not a few idiots who now realize they made some bad choices

Hell, 30 trillion can easily jump to 40 or 50 trillion, right? I mean who cares anymore.....doesnt seem that the President or congress does
 
EdwinWillers said:
Moreover, they didn't get a dime's worth of value from their educations either.

Leave it to dems to squander money we don't have on the utterly worthless we could do without.
Click to expand...

No need for hyperbole. I borrowed money too and payed it back and got more than a dimes worth in value. The social value alone of being on your own and exposed to different people and idea is worth it. Which is not to say its an efficient use of money. A job would have taught me more, but I also had jobs in college which led to my career, though had nothing to do with what I studied. Certainly the classes I took were overpriced.

Regardless, this is more an issue of policy. Its not for peopel to not pay their loans. Its wrong for politicians to buy votes with debt forgiveness.
 
SenorXm/Sirius said:
Education is worthless? No value at all from education? We can do without education?

Fascists don't like education either. More fascism from Republicans.
Click to expand...
In my experience the least intelligent people are mostly the ones who complain about intelligent people. Educated people. Successful people.

You don't see a whole lot of really intelligent and really successful people going around and complaining about intelligence and success.
 
RabidAlpaca said:
Your attempt to label all college degrees as pointless is ridiculous and theatrical. My electrical engineering degree has set my life up nicely and I've gotten millions of dimes worth of value from it.

Just because you're uneducated and hate people who got an education, doesn't mean you have to pretend it's all useless, it isn't.


That's literally what you said. You said everyone who has ever gotten a degree got no value from it. Own your own words like a man might, or recant the stupid thing you said.
Click to expand...
I am about to say…

My education got me to the point where I make almost 2x the average FAMILY income for my region. My fiancée also makes about a family’s worth of income as well and she has an English degree, which would be labeled as superfluous by many.

We are both decades from retirement.
 
tacomancer said:
I am about to say…

My education got me to the point where I make almost 2x the average FAMILY income for my region. My fiancée also makes about a family’s worth of income as well and she has an English degree, which would be labeled as superfluous by many.

We are both decades from retirement.
Click to expand...
Dollars to donuts Edwin is a bitter, angry man working a dead end job for menial pay. It's easy for him to direct his frustration to those pompous elites who dared to educate themselves. As someone else pointed out, people who are successful in life rarely act like that.
 
RabidAlpaca said:
Dollars to donuts Edwin is a bitter, angry man working a dead end job. It's easy for him to direct his frustration to those pompous elites who dared to educate themselves.
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Yup…

I got promoted two months ago and still quit for an even better job last week. Life is good if you are educated. The great resignation has been good to me.
 
tacomancer said:
Yup…

I got promoted two months ago and still quit for an even better job last week. Life is good if you are educated. The great resignation has been good to me.
Click to expand...
I'm starting a new job next week. I'm in such high demand I was able to demand a 4 day, 32 hour work week for far more pay than I was making before, which was already great. Thank you, amazing college education, you gave me and my family so much VALUE.
 
Loulit01 said:
If you were paying attention you'd know Biden repeatedly states during his campaign that he would cancel student debt. Many people are wondering why he hasn't done it already. Maybe he's waiting until closer to the midterms. Maybe he doesn't have enough support within his own party.

In any case, I hope he succeeds in canceling all student debt.
Click to expand...

"Cancelling student debt" does not eliminate that debt. It becomes the burden of the government to repay that debt, which boils down to taxes on you, and me, and everyone else for debts we did not accrue.

Student loans may have been a good idea, right up until colleges, universities, and student loan financing organizations realized it was a windfall of guaranteed profits/income.

Not only did established colleges and universities start expanding educational majors into all sorts of silly courses, many online and other forms of "for-profit schooling" popped up awarding so-called degrees and certifications that had small or no actual market value.

Student loans were a bad idea from the start. One of many that came out of the 70's/80's post Affirmative Action.
 
VySky said:
Why just student loans? What about that VA Mortgage Joe?

I don't understand why he's doing it. Most of these BA Basket Weaving seekers were going to vote for you anyway. And he's letting all those votes in on the border.

So who is going to pay off the banks?
Click to expand...

The US Treasury will assume the debt.
 
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