What is going on with student loans?

[Anonymous]

Anonymous wrote:Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?

They can sell their house. You can't sell a degree.

[Anonymous]

Anonymous wrote:The dollar will collapse.

It’s not if but when.

Most people will just curl up in the corner, starve and die.

Ok chicken little. Listen ya’ll, this will help middle class people who went to college and they will use this extra money to put back in economy and help everyone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?

They can sell their house. You can't sell a degree.

What? Sure they can. It called a JOB.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The dollar will collapse.

It’s not if but when.

Most people will just curl up in the corner, starve and die.

Ok chicken little. Listen ya’ll, this will help middle class people who went to college and they will use this extra money to put back in economy and help everyone.

More inflation

Wheeeee !!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Debt forgiveness for me, but not for thee!

It's embarrassing and pathetic to tell student debtors to "just pay it back" when these people individually grifted millions in PPP loans. Only morons would listen to "leaders" like this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?

They can sell their house. You can't sell a degree.

What? Sure they can. It called a JOB.

That's not selling it. You still retain ownership of the degree. And when you're employed, you can't sell your JOB, either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?

They can sell their house. You can't sell a degree.

What? Sure they can. It called a JOB.

That's not selling it. You still retain ownership of the degree. And when you're employed, you can't sell your JOB, either.

Correct
Trust the lunatics on dcum to do what they can to change the subject
Some people are just simple

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why stop with Student loans, there are a lot of struggling homeowners who need mortgage loan forgiven. Can we get some relief please?

They can sell their house. You can't sell a degree.

What? Sure they can. It called a JOB.

That's not selling it. You still retain ownership of the degree. And when you're employed, you can't sell your JOB, either.

There actually were a lot of student debtors asking for the ability to use bankruptcy for student loans but that would take an act of Congress and they sit around doing jack so we're stuck with executive orders.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Debt forgiveness for me, but not for thee!

Incredible that the White House official account is tweeting this crap.
Trying to draw a comparison between these two shows how desperate they are.

And, plenty of Democrats also took PPP money. Shall we start a list?

I think the point is the hypocrisy, not the fact that they took loans.
Look, govt forgives loans all the time. We’re your panties in a twist about PPP loans forgiveness? If not, when then sit down.

That was during a pandemic. This happened after a pandemic. Completely different situations.

But why members did Congress get PPP loans when there was no interruption in their wages?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Debt forgiveness for me, but not for thee!

Incredible that the White House official account is tweeting this crap.
Trying to draw a comparison between these two shows how desperate they are.

And, plenty of Democrats also took PPP money. Shall we start a list?

I think the point is the hypocrisy, not the fact that they took loans.
Look, govt forgives loans all the time. We’re your panties in a twist about PPP loans forgiveness? If not, when then sit down.

That was during a pandemic. This happened after a pandemic. Completely different situations.

Government inflation mistakes
But why members did Congress get PPP loans when there was no interruption in their wages?

[Anonymous]

I don't have any undergraduate debt because my parents were in a financial position to pay for my undergrad. I was in debt of about $50k after law school, but that was because of a merit scholarship, parental assistance, and my prominent firm was one of the few that hired 1L students and i was one of the few they hired.

I paid my law school debt off in less that 3 years - but that's also b/c I used discretionary income elsewhere. I could have paid if off faster.

As far as Biden's 'debt cancellation' move - I don't mind it but I don't love it just b/c I think the structure is regressive.

Rather than using a $10k across the board fig leaf, I would have rather he focussed on the portion of debt holders who had been years out of school and had a relatively low income (the population I'm thinking off is well meaning people who racked up debt on degrees they didn't complete and years later are carrying the debt while not getting the income post of a college degree).

I have no problem if my tax dollars are spent clearing the student debt of other people - but I just wish it was more targeted on people who are carrying debt and are trapped in relatively low income jobs.

[Anonymous]

Great….reward deadbeat losers who can’t meet their financial obligations.

[Anonymous]

Anonymous wrote:Great….reward deadbeat losers who can’t meet their financial obligations.

[Anonymous]

Even the Washington Post was incredibly critical of the President’s cancellation of this debt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Great….reward deadbeat losers who can’t meet their financial obligations.

How many people do you know received PPP loans? Stop being an idiot.