Forgive Student Loans?

#1,501
#1,501
DancingOutlaw said:
This PPP angle is kind of interesting. The government shuts down non essential businesses, gives them money to prevent them from canning all their employees, and now this is being painted as some sort of lucky gift for the recipients. And somehow this is the same as student loans. As a person married to someone who was doing the PPP application and thinking she was going to lose her job every day for months I can assure you there wasn't a lot of fun had by all.
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another difference is PPP is done and theoretically won't rear it's head unless there's another pandemic.

student loans are an ongoing situation and are not some onetime crisis.

as posted above - it's silly that the primary defense of the EA is "well you were okay with "x""
 
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#1,502
#1,502
ButchPlz said:
Calling BS on this one. Whether it's interest free now or not, hanging on to debt "you can pay off with plenty of room to spare" is pants-on-head level idiotic. Keep flexing that e-peen.
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We’ve been through this before here, there’s no upside to paying tens of thousands to the government when payments (and interest) are paused and no one is asking for it. Law school loans are another level, I paid down from around 170K to 80-90K in about a year and a half and then payments were paused. The second they restart I’ll be loan-free.
 
#1,504
#1,504
ButchPlz said:
The real truth is that you're much dumber than you think you are, and the reality is you've explained nothing. All you've managed is to demonstrate to everyone around (since your insecure ass loves the appeal to the crowd move) how gutless and trashy you are.

Go back to collecting your welfare checks and smoking weed and leeching off everyone else. You truly suck, and it's humiliating that I made the effort to graduate from a college only to be associated with t-shirt fan trash like you.
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Saying he “lost two legs for tuition” is pretty disingenuous and there are plenty of reasons why he isn’t a dope for doing so. No need to appeal to the crowd to take either of those positions and you haven’t disagreed with either one
 
#1,505
#1,505
The awesome thing is that the majority of people this will benefit are either a) financially itresponsible, b) terrible at making life/ educational decisions, or c) those who went to college to party, took out loans while skipping classes, smoking weed, and doing keg stands, then dropped out.

Those of us with some direction who were willing to put in the work, graduate, have successful careers, and make wise fiscal decisions are expected to fund the losers.

What a crock.
 
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#1,508
#1,508
NashVol11 said:
We’ve been through this before here, there’s no upside to paying tens of thousands to the government when payments (and interest) are paused and no one is asking for it. Law school loans are another level, I paid down from around 170K to 80-90K in about a year and a half and then payments were paused. The second they restart I’ll be loan-free.
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not to be nosy but was all that 170K government loan programs?
 
#1,509
#1,509
hog88 said:
I answered that question. What do you not understand about agreeing to do x in exchange for y?
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So you're okay if it was agreed to up front?
What about if a high demand area arises and the deal is put on the table after the fact?
 
#1,511
#1,511
kiddiedoc said:
The awesome thing is that the majority of people this will benefit are either a) financially itresponsible, b) terrible at making life/ educational decisions, or c) those who went to college to party, took out loans while skipping classes, smoking weed, and doing keg stands, then dropped out.

Those of us with some direction who were willing to put in the work, graduate, have successful careers, and make wise fiscal decisions are expected to fund the lovers.

What a crock.
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It's just another way to take money from those that work to achieve and give to those who refuse to do the same.
 
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#1,516
#1,516
kiddiedoc said:
The awesome thing is that the majority of people this will benefit are either a) financially itresponsible, b) terrible at making life/ educational decisions, or c) those who went to college to party, took out loans while skipping classes, smoking weed, and doing keg stands, then dropped out.

Those of us with some direction who were willing to put in the work, graduate, have successful careers, and make wise fiscal decisions are expected to fund the lovers.

What a crock.
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It’s going to backfire bigly. It doesn’t just piss off those that got their degrees while adhering to their fiscal obligations. It’s a slap to those that chose a trade school or different route instead of their college dream, it’s a slap to the parents that didn’t get to go to college but made sure their kids could, it’s a slap on everyone who took the alternate road because of fiscal limits.

And it doesn’t matter if the amount is $1k, $10k, or $50k. This is a principles issue. And it’s pissed off a bunch of people crossing party lines.
 
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#1,517
#1,517
volinbham said:
another difference is PPP is done and theoretically won't rear it's head unless there's another pandemic.

student loans are an ongoing situation and are not some onetime crisis.

as posted above - it's silly that the primary defense of the EA is "well you were okay with "x""
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In principle I agree with what the PPP was designed to do. If you're going to kill my business by government decree, then you owe me compensation for as long as this continues. In my opinion it should never have been touted as a loan. Because how was anyone ever going to pay it back? If you owned a hotel that couldn't have guests for months you can't just cram 6 people to a room for the next year to make up the money. The meals, haircuts, teeth cleanings, etc. you would have done during that period aren't going to magically be available down the line. People aren't going to go see a movie five times to help you out. This was an actual "too big to fail" event, doubly so because the government forced it upon us. The alternative was for tens of thousands of businesses to die on the spot. And even with PPP we still lost a lot of businesses. To pretend any of that circumstance is the same as the student loan issue is wildly disingenuous.
 
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#1,521
#1,521
hog88 said:
Yep, most MBAs are closed minded automatons.
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Most useless degree field ever created from my experience in coming across them in engineering. It’s a horrible attempt at replacing actual career experience and wisdom with a crash course of how others succeeded without the students actually being in the situations they studied and performing under pressure. The ones I dealt with largely should have gotten the MSEE/ME/AE and if they wanted to be a manager then get on the career manager track in the office. All the good managers I dealt with went that route.
 
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#1,522
#1,522
luthervol said:
So you're okay if it was agreed to up front?
What about if a high demand area arises and the deal is put on the table after the fact?
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What are you having trouble understanding? If a person agrees to work 10 years in exchange for paying off their student loans that’s an agreement for services rendered. Why would anyone call that a handout?
 
#1,525
#1,525
hog88 said:
What are you having trouble understanding? If a person agrees to work 10 years in exchange for paying off their student loans that’s an agreement for services rendered. Why would anyone call that a handout?
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What if they agree to that after taking the loan? (a new program)
 
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