Economy Top Democrats push to pay off $50,000 student loans

[My Spot]

No. I am being crushed under a mountain of student loan debt

Which is 100% your fault.

 

[blackheart]

Which is 100% your fault.

it actually isn't, you rotten little worm. You have to earn a degree to have a shot at a middle class lifestyle. My choices were to make $15 bucks an hour for the rest of my life, go into the trades and make $25 bucks an hour for the rest of my life, or go to school and have a shot at a middle class life and salary. I was not going to spend the rest of my life working service or retail jobs. I've been in the trades for years, and fucking hated it.

So no. I didn't have a choice. And no, it isn't my fault - every other functioning nation on the planet provides university for little or zero cost. Because you're a brain-rotted, geographically isolated American that has no experience of the rest of the world, you think this shit is normal. It is not normal.

 

[blackheart]

"hurr durrr, it's your fault. You should have just chosen to stay poor for your entire life"

"hurrr durrr, it's your fault don't you know??"

 

[Ruke Doufus]

There's plenty of economic evidence that student loan debt is handcuffing the economy. That affects everyone. For example -- the college graduate with the better job needs to hire plumbers, electricians, etc. And he can't do that if all of his money is going to the debt. He can't afford to patronize restaurants, which pay waitstaff, or afford decent tips if he does go out. He can't buy a new car and the car salesman experiences that loss. The cost of that debt isn't experienced solely by the debt holder. That loss of discretionary income affects everyone in the economy.

Sure, maybe the student eventually pays off his debt in 30 years but that's 30 years where people who would have sold him services and goods miss out on that money circulating through the economy.

Additionally, it's inconsistent to talk about it as forgiving the debt of people who are already "better off". By that logic, we should get rid of IRAs and tax deferred savings plans too. Since they benefit people who already have enough money to fund those devices. Additionally, business expense deductions should be removed since we're taking the tax hit for the benefit of those lucky enough to run their own businesses.

These "principles" that people apply are rarely principles in truth, they're just justifications to keep things from happening. I can live with that...let's not pretend they're something more than that. People usually oppose paying off student loan debt for 1 of 2 reasons: 1) They didn't go to college and think it's unfair that something they didn't get to do is being paid off for other people; and 2) They went to college and paid off their own debt and think its unfair they're not getting the same benefit.

Both groups of people gladly take all of the other government savings offered to them. People with their own homes don't give a rat's ass about how unfair it is that they get a deduction that renters don't get. People with children take the tax breaks that come with that and don't give a shit about the people who don't have kids and are paying for it.

Let's stop the false moralizing for what are ultimately "I don't get to share in the benefit" arguments.

All the reasons regarding the influx of cash to the economy would come from cutting a check for all citizens. In fact the effect would be amplified so why don't we do that instead? The economy is handcuffed by everyone having to service their various debts, why is one particular demographic of debt holders unique?

 

[F1980]

"hurr durrr, it's your fault. You should have just chosen to stay poor for your entire life"

"hurrr durrr, it's your fault don't you know??"

are you a white boy? Youre basicaly telling minorities to pay for whiteys school tuitions

 

[My Spot]

it actually isn't, you rotten little worm. You have to earn a degree to have a shot at a middle class lifestyle. My choices were to make $15 bucks an hour for the rest of my life, go into the trades and make $25 bucks an hour for the rest of my life, or go to school and have a shot at a middle class life and salary. I was not going to spend the rest of my life working service or retail jobs. I've been in the trades for years, and fucking hated it.

So no. I didn't have a choice. And no, it isn't my fault - every other functioning nation on the planet provides university for little or zero cost. Because you're a brain-rotted, geographically isolated American that has no experience of the rest of the world, you think this shit is normal. It is not normal.

It absolutely is 100% your fault. I graduated college with no debt. So do plenty of other people. It's called making responsible choices. Stop screeching whataboutism.

 

[Red Dragoniop]

it actually isn't, you rotten little worm. You have to earn a degree to have a shot at a middle class lifestyle. My choices were to make $15 bucks an hour for the rest of my life, go into the trades and make $25 bucks an hour for the rest of my life, or go to school and have a shot at a middle class life and salary. I was not going to spend the rest of my life working service or retail jobs. I've been in the trades for years, and fucking hated it.

So no. I didn't have a choice. And no, it isn't my fault - every other functioning nation on the planet provides university for little or zero cost. Because you're a brain-rotted, geographically isolated American that has no experience of the rest of the world, you think this shit is normal. It is not normal.

LOL so you are poor and mad at the world now..... but more importantly poor.. so when joe biden pays off that student loan come give me a thanks.. for pulling the wagon while you ride loser

 

[CantCucktheTuck]

Which is 100% your fault.

100%

 

[My Spot]

"hurr durrr, it's your fault. You should have just chosen to stay poor for your entire life"

"hurrr durrr, it's your fault don't you know??"

I did four year active duty and earned the Post 9/11 GI Bill.
I did my first 60 hours at a community college and transferred.
I majored in accounting and not some worthless liberal arts BS.
I chose to reside and go to school in a state that covers tuition and fees with a 3.0 GPA.
I waited until I could pay in-state tuition to transfer out of state to UF.
Or I could've not joined the military and still graduated with no debt here in GA.
Or I could've learned a trade after getting a 9 month certificate.

You chose to go to a private school.
You chose to get some worthless liberal arts degree (s).
You chose to get loans while apparently not understanding how loans and interest work.

 

[PBAC]

College is the new high school. Democrats want young adults to have free "college" and get indoctrinated in the Woke and Marxism. This creates another generation of educated people who understand rules and how society works.

fixed

 

[CantCucktheTuck]

it actually isn't, you rotten little worm. You have to earn a degree to have a shot at a middle class lifestyle. My choices were to make $15 bucks an hour for the rest of my life, go into the trades and make $25 bucks an hour for the rest of my life, or go to school and have a shot at a middle class life and salary. I was not going to spend the rest of my life working service or retail jobs. I've been in the trades for years, and fucking hated it.

So no. I didn't have a choice. And no, it isn't my fault - every other functioning nation on the planet provides university for little or zero cost. Because you're a brain-rotted, geographically isolated American that has no experience of the rest of the world, you think this shit is normal. It is not normal.

Well you defiantly went to college. Only a college educated person could say something this stupid.

 

[Super_Nintendo]

Brakis wannabe...

Even Skold was better

RIP those bozos. mods, can you unban them? forum could use some spice.

 

[koquerelle]

it actually isn't, you rotten little worm. You have to earn a degree to have a shot at a middle class lifestyle. My choices were to make $15 bucks an hour for the rest of my life, go into the trades and make $25 bucks an hour for the rest of my life, or go to school and have a shot at a middle class life and salary. I was not going to spend the rest of my life working service or retail jobs. I've been in the trades for years, and fucking hated it.

So no. I didn't have a choice. And no, it isn't my fault - every other functioning nation on the planet provides university for little or zero cost. Because you're a brain-rotted, geographically isolated American that has no experience of the rest of the world, you think this shit is normal. It is not normal.

You're a clueless idiot. You're QueenB from Wish. Your post is terrible and doesn't reflect the real world one bit. I would poke holes in it, but it'd be a waste of time. Why poke additional holes in something that looks like a strainer?

I assume you wear a hockey helmet 24/7 and got a useless degree. "I'm poor and it's not my fault. The system is rigged!"

 

[Blayt7hh]

If we are going to forgive student loans then we need to reevaluate how we let them happen in the first place. The practice is predatory and needs to be regulated.

I’m not keen to pay for it and let it keep happen

 

[panamaican]

We've had a program here in GA for 30 years now that covers tuition and fees as long as you maintain a 3.0 GPA that's funded entirely by the state lottery (FL has something similar). I don't know why other states haven't done the same thing.

Probably the same conversation we're having here, the "No one paid for me, why should we pay for others?" conversation.

I wonder (but don't know) if states with wealthier private college enclaves oppose it. Sort of a "If we pay for free college at State U, it's not fair to my alma mater, Private U."

 

[panamaican]

All the reasons regarding the influx of cash to the economy would come from cutting a check for all citizens. In fact the effect would be amplified so why don't we do that instead? The economy is handcuffed by everyone having to service their various debts, why is one particular demographic of debt holders unique?

They're not unique. Why do they have to be unique to address the problem?

If you want to cut a check to everyone, that's fine, but it's not addressing the problem itself. This goes back to my prior point about people just not wanting to do something specific to the problem unless there's a benefit in it for them. Yet, they will ignore every other targeted solution in the government.

To illustrate my point -- everyone has to live somewhere. Why do we give a mortgage interest deduction tax break to people who bought houses with mortgages? Renters have to live somewhere, they don't get a tax break. People who buy their houses cash don't get a tax break. Why is that particular debt holder unique?

Specific solutions for specific problems. When people move away from that, it starts to sound a lot more like resentment than solution seeking.

 

[fedoriswar37]

You're comparing Student Loans to PPP loans issued during COVID because shit Covid policies shut them down?

1,000's of small businesses had to close because COVID Policies. And 1,000's more would have gone under without the Fed's forgiving the lifelines they threw out to save their asses for forcing the country into their homes for no reason.

Y'all love to bash Trump for inflating the decifict... Almost ALL OF IT was from 2020 when the Federal Government hemorrhaged money everywhere to cover for bad policy decisions. Money for families, Money for businesses....

And we'll by paying for those policies for years

lol...

Try again

And it's all Democrats have right now... How many "Free" Benefits, Entitlements and flat out money can we give away to save Biden's disaster of an Administration? It won't make enough of a difference to buy him more votes in the States that money and just divides people more. I mean fuck me.. .Why did I make sacrifices and pay off my Student Loans? That was a terrible decision now in retrospect.

Sure, lets throw out more free money... why th

You're comparing Student Loans to PPP loans issued during COVID because shit Covid policies shut them down?

1,000's of small businesses had to close because COVID Policies. And 1,000's more would have gone under without the Fed's forgiving the lifelines they threw out to save their asses for forcing the country into their homes for no reason.

Y'all love to bash Trump for inflating the decifict... Almost ALL OF IT was from 2020 when the Federal Government hemorrhaged money everywhere to cover for bad policy decisions. Money for families, Money for businesses....

And we'll by paying for those policies for years

lol...

Try again

And it's all Democrats have right now... How many "Free" Benefits, Entitlements and flat out money can we give away to save Biden's disaster of an Administration? It won't make enough of a difference to buy him more votes in the States that money and just divides people more. I mean fuck me.. .Why did I make sacrifices and pay off my Student Loans? That was a terrible decision now in retrospect.

Sure, lets throw out more free money... why not?

Sadly , Trump sold himself out to the pharmaceutical industry. Had the entire country shut down on his watch. Probably the worst part of his presidency if we're being honest.

 

[deadshot138]

RIP those bozos. mods, can you unban them? forum could use some spice.

Dude fuck no. Their packs have been smoked already. Theres still plenty of idiots to quarrel with here.

 

[nostradumbass]

Why not? Many 1st world nations have free college education or it is highly subsidized. Why are we, the richest and most powerfull country in the world, soo dam opposed to helping the average America?

Look at the hundreds of billions given to Ukraine, Israel, Egypt, Pakistan and others. The 1 trillion $ spent on the Iraq war, a war waged on lies. The subsidies to Farmers and big corporations. Companies who are worth hundreds of billions get subsidies either directly or indirectly.

For all the talk about patriotism Conservatives really just believe in social darwinism.

That's not really getting it. This isn't free education, it's expensive as fuck education that you just want someone else to pay for after the fact. It would be a perfectly valid conversation if they were offering a low cost alternative to expensive universities with some kind of online/in person hybrid, and could even take the money they're trying to give away to the expensive universities here, and the expensive wars you mentioned to fund it, but they don't do that because that would be a long term actual solution for future generations, and the purpose of this is to get votes now and exacerbate the same broken system.

 

[Mr Holmes]