Explain this. I am not sure of what you are saying
That's complete bullshit and 10k doesn't come close to paying off a lot of our debts.
That's complete bullshit and 10k doesn't come close to paying off a lot of our debts.
Julius Caesar, the Roman dictator, was assassinated by a group of senators on the Ides of March (15 March) of 44 BC during a meeting of the Senate at the Curia of Pompey of the Theatre of Pompey in Rome where the senators stabbed Caesar 23 times. They claimed to be acting over fears that Caesar's unprecedented concentration of power during his dictatorship was undermining the Roman Republic, and presented the deed as an act of tyrannicide.If the gov axtuslly have a
How’d it turn out for Caesar?
Basically the gov
If the gov actually wanted to fix the problem, which is funny as gov is often THE PROBLEM, they’d get the fuck out do the education industry and allow people who got suckered into a expensive go no where degree to bankrupt out of it, just like if you financed a expensive lemon car, or a house that wasn’t worth nearly what you paid
That would fix this shit right quick
Hey Pocahontas, fuck offElizabeth Warren in response to people that didn't accrue the debt paying off the debt of others:
“Look, I’m not at all surprised that Mitch McConnell is attacking this. And the reason he’s attacking it is because it is very, very popular, popular among Democrats, Independents, Republicans, popular. And you know why? Because I don’t think there’s anybody left in America who doesn’t know somebody who isn’t struggling with student loan debt. This has become a part of our country now, people for whom their only sin was to want to try to get an education and not be in a family that could afford to write a check for it. And what we’re saying is, as a nation, we can do better than that. We can invest in our people. We can help our people. And ultimately, what the data show us is that because of student loan debt, there are many people who don’t move out of their mama’s basement, who can’t save up money to buy a home, who don’t start small businesses, who don’t start a family. You relieve the debt burden some for those people, and we have more economic activity. In other words, canceling student loan debt is good for the people whose debt is canceled. But it is also good for our economy and the rest of America.”
"There's a sucker born every minute" P.T. BarnumWhat about those of us who were actually lied to about our earning potential? Who should pay in a situation where we've been literally defrauded?
Explain this. I am not sure of what you are saying
That's complete bullshit and 10k doesn't come close to paying off a lot of our debts.
Sign on the line do the time.Re-read,
I thought you said the individuals possibly getting the 10k reduction hadn't been paying on their loans (Me being one of those individuals who has been paying for quite some time). I think I misinterpreted what you were saying.
Sign on the line do the time.
Absolutely right here take all of my moneyMeh, kinda
When it’s a scam, like a 100k art degree, I’m cool with people walking away/BK from the debt and letting whatever dumb ass bank thought that was a good ROI, or were more likely part of the scam, eat it
The only reason they get away with these scams on teens is because the gov backs the loans, otherwise arts degrees wouldn’t exist beyond 5-10k for a masters, as that’s all it’s really worth…if that
Main Street to .gov “go home, you’re drunk”
Sign on the line do the time.
You are co-signed onto every bond that is issued by the USG - we all are. That means you are undewriting every project that passes through congress and via executive order. Remember bonds are promissory notes to pay back a loan with US dollars, but those dollars come from the work of the citizenry (taxes). This means that the USG has issued your future work as the backing of the promissory note. Full faith and credit of the US is really only the work and sweat of the people since the dollar isnt backed by anything any longer.I wonder what/who's other debt I am co-signed onto that I didn't agree to and don't know about...
but have to pay for through higher taxes.
Could you please do the private sector taxpayer a favor and speed up your payments.And I'm doing just that.
That is an excellent example that disproves your point and proves what everyone else is saying. Give amnesty to legal immigrants and you’re gonna get way more illegal immigrants. Forgive the student debts of people who borrowed way more than they can possibly pay back and you’re gonna get way more student debt. QEDNope, the program I'm on is tax-exempt and was passed by a bipartisan majority of Congress and signed into law by George W. Bush.
All loans are forgiven after 25 years no matter what, and that comes with a giant tax bomb. Were that to happen to me, given my balance, I would have to declare bankruptcy because it would result in a six figure tax bill that was due immediately.
If people actually understood the real situation and not just their simplistic understanding (like your assumption that the forgiveness would be taxable, which is contrary to law), I think people would look at this differently, but people refuse to think critically about this because they only focus on their own experience and not the entire reality of what is going on in the student loan system.
We are going to have an even more extreme crisis in 20 years if we don't fix this, just like we currently have with immigration after the 1986 amnesty.
Paul Volker must be some kind of wizard/demigod. Look at what the Federal Reserve Bank’s original mission was…I never said anything about a Keynesian multiplier and I am not making argument. That government spending increases output is true by the definition of how output is measured. It isn't an argument, it's literally a mathematical identity referred to in economics as the national accounting identity. 100 out of 100 economists agree about this. It isn't a matter that anyone with any understanding of economics believes is in dispute, because like I said, that Y=C+I+G+NX is an identity. It's as true as 1=1.
Inflation is monetary. It has NOTHING to do with fiscal policy, now or ever. Inflation is always and everywhere a monetary phenomenon. Those who say otherwise are idiots who don't know what they're talking about.
Could you please do the private sector taxpayer a favor and speed up your payments.
You could always shut off your Internet service and sell your computer and use that money to pay your loanIf it were financially feasible I would. Hey if you want to throw me 60k I'll pay them off tomorrow. Until then, I can only pay what I can while still paying for inflated gas, groceries etc....having kids doesn't help either.
Also, I work in the private sector as well soooo I've paid more in taxes than I'll ever get back for my loans.
Isn't this all hypothetical anyway? Have they actually done anything other than say they are going to do something?
You could always shut off your Internet service and sell your computer and use that money to pay your loan
You see you just outed of yourself you could pay your loan off but you refused.No thanks. I use the internet and computer for work....and porn.
That's the way it works you're being punishedPaid mine off in 10 years. Now I am supposed to pay somebody else's off? Fuck that.
Apparently you're being told to F off and work harder to pay off other peoples loansWhere do I apply for my refund of the loans I worked so hard to pay off?
Volker did have some serious balls to massively tighten monetary policy to cripple the inflation that existed at the time. Imagine how much better off we would be if that happened now.Paul Volker must be some kind of wizard/demigod. Look at what the Federal Reserve Bank’s original mission was…
You see you're just out of yourself you could pay your loan off but you refused to.
Honestly, $60k is nothing. You'll pay that eventually. $60k isn't even a new pickup truck. If mine was that or even double that, I'd just pay it. It's more like 4x that, which for my income level, I can never pay.Yep, I refuse to turn off the service that allows me to keep my job.
What a crock of shit. I used my savings from the 4H steers I showed and sold at the county fair, a small inheritance from an elderly aunt, and worked a full time and 2 part time jobs to pay for my own college. I attended college full time also. It was a lot cheaper in the early 80's but that still doesn't justify this bull shit.Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: report
President Biden's expected announcement to forgive $10,000 in student loans will cost American taxpayers around $300 billion, according to some estimates.www.foxnews.com
Honestly, $60k is nothing. You'll pay that eventually. $60k isn't even a new pickup truck. If mine was that or even double that, I'd just pay it. It's more like 4x that, which for my income level, I can never pay.
Maybe you need to find yourself a second jobYep, I refuse to turn off the service that allows me to keep my job.
$10k this roundI am paying it and eventually it will be paid off. I've already paid off like 30k in the last three years. I've been trying to take advantage of this pay freeze to make larger payments while not getting pounded by interest.
If you want to pick nits good for you. But a vast majority of the people who have fallen under the program are taking advantage of it.Re-read,
I thought you said the individuals possibly getting the 10k reduction hadn't been paying on their loans (Me being one of those individuals who has been paying for quite some time). I think I misinterpreted what you were saying.
What the fuck did you go to school for? Over $240K for what field of work?Honestly, $60k is nothing. You'll pay that eventually. $60k isn't even a new pickup truck. If mine was that or even double that, I'd just pay it. It's more like 4x that, which for my income level, I can never pay.
So there are unicorns.
If you want to pick nits good for you. But a vast majority of the people who have fallen under the program are taking advantage of it.
If you bought a pig in a poke that's your problem. I bet there's thousands of military people that would like to get their money back from the used car lots outside of every military base.
If your education is getting you what you thought. Good for you.
I have said it before. If I was a bank and doing student loans. Those applying would have to take an aptitude test. If you don't test well enough to be an engineer. You are not getting a loan.
I just want Destiny to give me my money back. Turns out, there's NO sex in the Champagne room.So there are unicorns.
If you want to pick nits good for you. But a vast majority of the people who have fallen under the program are taking advantage of it.
If you bought a pig in a poke that's your problem. I bet there's thousands of military people that would like to get their money back from the used car lots outside of every military base.
If your education is getting you what you thought. Good for you.
I have said it before. If I was a bank and doing student loans. Those applying would have to take an aptitude test. If you don't test well enough to be an engineer. You are not getting a loan.
$10k this round
$20k in 2023
$25k in 2025
$55k just by being patient!
Maybe you need to find yourself a second job
You have exposed a bit of the secret: if you as a politician offer to assist others with their unfortunate circumstance but distribute the cost across the rest of the nation’s populace there will never be any real bitching of consequence because there will be so little change for each person. As long as you kind of move around to the next unfortunate circumstance nobody will be the wiser. And you get to buy votes with taxpayer money! What’s not to love?You're not wrong but is that any different than any other program such as welfare? People game the system and we pay for it.
I didn’t get one. The government doesn’t give me anything. I just pay and no free checks here.Hmmm, no one complained about getting a $600 check to buy gun stuff....
You're not wrong but is that any different than any other program such as welfare? People game the system and we pay for it.
Actually no. And I can't wait till the day comes that they have to shut down the programs because they can't rob the taxpayers enough to pay for it. The BLM/antifa riots would be like Sunday school.
Nope. I live only one life and time is one thing you cannot buy.
All the girls who strip “just to get through school”?Just so everyone knows, I provide short term student loan relief to women.