Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt

[Anonymous]

Anonymous wrote:So Schumer and Warren are trying to buy votes?

They are so out of touch.

[Anonymous]

Anonymous wrote:This is so unfair to groups that are most subject to over-policing and go to failing schools. They are much less likely to even be in a position to run up $50,000 in student loan debt.

I couldn’t disagree with this anymore.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So Schumer and Warren are trying to buy votes?

They are so out of touch.

Nope. It’s Trump who will have the power to sign it and approve it.

Why does he not share in the blame? Or is Trump just a dumb figurehead POTUS?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this going to retroactively also include the good folks who paid off their loans on their own?

Why would you expect that? You no longer have student loans.

It's a troll. Just ignore. They spam the same talking point in every thread.

I'm not a troll and I'm not the poster of this question. I paid off my student loans and so did my DH. We made sacrifices in order to do so. Every single person I know with large student loans has them as a result of poor decisions regarding which college to attend/major in or because they take every deferment possible/spend their money otherwise. Those who actually paid off their loans need to receive a benefit as well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is this going to retroactively also include the good folks who paid off their loans on their own?

+1

I think it's more important to reform the system. This punishes people who managed to pay off their debt or who worked their way through school to avoid it.

X1000 absolutely do not support this. I worked my butt off to pay off $110k to the detriment of other personal and financial options. I’m a Mass voting democrat and my senator will be getting an email.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a Dem and am a adamantly opposed to student loan forgiveness. Pay your debts.

OK, “Dem.”

Oh, can’t have your fellow Democrats thinking for themselves, can we?

You can thing whatever you want.
I understand being pissed if you’ve already paid them
Off. True question: are you also pissed about The unemployment bonuses?

I am also a democrat and I don't agree with student loan forgiveness. I am actively anti-student loan forgiveness. I also don't agree with the unemployment bonuses. I don't see why people should get more money on unemployment then they made working. Unemployment should have been increased to match their average weekly salary, up to the $600 week.

[Anonymous]

Anonymous wrote:That's a lot of money. Is there any analysis showing the cost/benefit of this type of policy?

Nope - this is strictly a vote getting proposal.

[Anonymous]

Anonymous wrote:Is this going to retroactively also include the good folks who paid off their loans on their own?

I know, right?

I paid off $25,000 in loans by 2004. Can I get a retroactive loan forgiveness?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ball is in Trump's court? Is this wedded to something Trump won't like or pure up to $50K Federal student loan forgiveness?

This is really smart on Chuck and Liz. They are giving Trump the credit.

They will let Trump give “a huge gift” to young people in an effort to buy their vote. It puts Congressional GOP in a tough spot, since they too want those young voters.

Well played, Senate Dems.

Most educated people see right through this attempted Democratic manipulation. .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a Dem and am a adamantly opposed to student loan forgiveness. Pay your debts.

OK, “Dem.”

Oh, can’t have your fellow Democrats thinking for themselves, can we?

You can thing whatever you want.
I understand being pissed if you’ve already paid them
Off. True question: are you also pissed about The unemployment bonuses?

I am also a democrat and I don't agree with student loan forgiveness. I am actively anti-student loan forgiveness. I also don't agree with the unemployment bonuses. I don't see why people should get more money on unemployment then they made working. Unemployment should have been increased to match their average weekly salary, up to the $600 week.

I don’t agree with social security/ Medicare for rich people like you - where can I sign up to deprive you of such socialism?

[Anonymous]

There are ways to do this that are less “offensive”. Tax credits. Scholarships. Interest free re financing. Reductions for taking certain majors perhaps that we want (IT, Medicine?). Grants to institutions to reduce college tuition. Etc etc

Yeah I’d be pushed if my GWU costs which were like $100k, now somebody else gets for free. I could have put that money towards retirement.

Maybe make the trade that the younger generation can never touch our already-paid social security and Medicare?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ball is in Trump's court? Is this wedded to something Trump won't like or pure up to $50K Federal student loan forgiveness?

This is really smart on Chuck and Liz. They are giving Trump the credit.

They will let Trump give “a huge gift” to young people in an effort to buy their vote. It puts Congressional GOP in a tough spot, since they too want those young voters.

Well played, Senate Dems.

Most educated people see right through this attempted Democratic manipulation. .

I will 100% vote from Trump if he bails me out!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ball is in Trump's court? Is this wedded to something Trump won't like or pure up to $50K Federal student loan forgiveness?

This is really smart on Chuck and Liz. They are giving Trump the credit.

They will let Trump give “a huge gift” to young people in an effort to buy their vote. It puts Congressional GOP in a tough spot, since they too want those young voters.

Well played, Senate Dems.

Most educated people see right through this attempted Democratic manipulation. .

lol so it’s Democrats’ fault if Trump signs the EO to vacate the debts?

“Chuck and Liz made Trump do it!!!”

You people are nuts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a Dem and am a adamantly opposed to student loan forgiveness. Pay your debts.

OK, “Dem.”

Oh, can’t have your fellow Democrats thinking for themselves, can we?

You can thing whatever you want.
I understand being pissed if you’ve already paid them
Off. True question: are you also pissed about The unemployment bonuses?

I am also a democrat and I don't agree with student loan forgiveness. I am actively anti-student loan forgiveness. I also don't agree with the unemployment bonuses. I don't see why people should get more money on unemployment then they made working. Unemployment should have been increased to match their average weekly salary, up to the $600 week.

I don’t agree with social security/ Medicare for rich people like you - where can I sign up to deprive you of such socialism?

As soon as I’m not forced to pay into it, you can deprive me of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ball is in Trump's court? Is this wedded to something Trump won't like or pure up to $50K Federal student loan forgiveness?

This is really smart on Chuck and Liz. They are giving Trump the credit.

They will let Trump give “a huge gift” to young people in an effort to buy their vote. It puts Congressional GOP in a tough spot, since they too want those young voters.

Well played, Senate Dems.

Most educated people see right through this attempted Democratic manipulation. .

lol so it’s Democrats’ fault if Trump signs the EO to vacate the debts?

“Chuck and Liz made Trump do it!!!”

You people are nuts.

Did it get announced?