Forgive Student Loans?

#426
#426
utvolpj said:
Void the ones from the for profit huckster schools. Make loans eligible for bankruptcy. Reassess the 10yr public service forgiveness and make it actually work. Remove all govt intervention from these loans

I'll choose throwing $500Bil at these over handing them to mnuchin
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Why would you void the profit huckster loans? Falling for a crappy school's pitch shouldn't make you free and clear from an obligation. As far as I'm concerned, if you want your loan discharged, pay it back or go into the military.
 
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#428
#428
VolStrom said:
Why would you void the profit huckster loans? Falling for a crappy school's pitch shouldn't make you free and clear from an obligation. As far as I'm concerned, if you want your loan discharged, pay it back or go into the military.
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most were proven to be complete scams.

Why should military service pay off the loan?
 
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#429
#429
Rasputin_Vol said:
I'm of the approach that any debt cancellation should come with a penalty. Maybe void the degree earned or work out a deal where you only remove a certain percentage of the debt. So if you have $100,000 or more in debt on a worthless degree, you are only on the hook for $50,000.

The remaining balance of the debt can just be printed up by the FED anyways. I'm not sure why the Karens in here make a big deal about all this. What's $1.5 trillion anyways when we are galloping past $30 trillion right now? This isn't a hill to be dying on.
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I guess those of us who played by the rules, worked two and sometimes the jobs... Didn't get a sleeve of tatts or new cars for a long time find it offensive that those that don't work hard get rewarded. If being pissed about that makes me a Karen, then so be it.
 
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#434
#434
SpaceCoastVol said:
I guess those of us who played by the rules, worked two and sometimes the jobs... Didn't get a sleeve of tatts or new cars for a long time find it offensive that those that don't work hard get rewarded. If being pissed about that makes me a Karen, then so be it.
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The rules were changed by govt. The costs aren't even comparable
 
#437
#437
utvolpj said:
Why should it? What are we teaching them? Pay your debts
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Did you not just say in one of your recent posts that we should dismiss profit huckster college loans? And now you're against it. Maybe I missed the sarcasm.
 
#439
#439
SpaceCoastVol said:
I guess those of us who played by the rules, worked two and sometimes the jobs... Didn't get a sleeve of tatts or new cars for a long time find it offensive that those that don't work hard get rewarded. If being pissed about that makes me a Karen, then so be it.
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Matthew 20:1-6 is my balm when this happens to me.
 
#443
#443
I'd rather my hard earned tax dollars go to help some war torn country ......wait
 
#444
#444
SpaceCoastVol said:
Not really. You are making a false equivalency of doctors and poetry degrees.
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Says the poster categorizing any non-doctor with student loans as a poetry degree holder

You simply lack the ability to think beyond the only option you're familiar with.
 
#445
#445
utvolpj said:
Says the poster categorizing any non-doctor with student loans as a poetry degree holder

You simply lack the ability to think beyond the only option you're familiar with.
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Not true, but thank you for the psychoanalysis
 
#449
#449
85SugarVol said:
You guys still are not looking at this objectively.

what will it cost?
what will we get?
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Doesn't matter how much it costs. And if we didn't give a damn about PPP money or where weapons sent to the Middle East and Eastern Europe end up, why are we now going to act like writing off some student loan debt is a catastrophe?
 
#450
#450
SpaceCoastVol said:
I guess those of us who played by the rules, worked two and sometimes the jobs... Didn't get a sleeve of tatts or new cars for a long time find it offensive that those that don't work hard get rewarded. If being pissed about that makes me a Karen, then so be it.
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I've paid my student debts off and also had the majority of it paid by my employer provided that I maintained a certain GPA. So you are not special. The way you guys get puzzled about student loan debt is the way I feel about SS, Section 8 and Obama phones.
 
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