| Somewhere in the universe Tucker Carlson is having an anuerysm. |
They did pay their bills, for 25+ years but because of interest rates and lack of bankruptcy protection, they still have a balance with no end in sight. The income based repayment plans were always meant to last no longer than 20-30 years. And you are out a ton of money if you made income based payments for 25 years. |
I’m the pp to whom you’re responding and my student loans are paid off. |
| The only people benefiting from this announcement are those who have not paid off their loans 25 years later. |
Omg.....you mean there is interest charged on a loan and an amortization schedule? Holy crap, welcome to the real world children. We know, we know....adulting is hard. You paid the minimum like a moron and wonder why you're still paying 10 years later. Truly amazing how people are getting to 40 years old these days and have the mindset of barely functional teenagers. This country is doomed. |
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This is old legislation that has nothing to do with the Supreme Court case that was thrown out recently.
Oh well. |
If “adulting” means being a mean, cold stone-hearted jerk like you, then I would rather be a teenager indefinitely. And really what dooms this country are scorched earth capitalists like you who have no regard or empathy for anyone but themselves. |
Adulting means delaying gratification to payoff your debts like I did. I paid off $80k in loans. I spent 10 minutes learning about finance 101, interest rates, and what it'd mean if I just paid the minimum every month. Because I was a responsible adult and not a dumbass, I paid extra every month on my loans. I used every single tax break and bonus on them. For years I forewent driving around in a nice car, I rarely bought new clothes, I hardly bought new cell phones, I didn't go on swanky trips, I didn't live in an stupidly expensive urban center, I didn't go out to happy hour and restaurants constantly with friends.....I delayed tons of gratification to pay off what I owed and what I agreed to payback. I knew it was stupid to pay the minimum because it'd tack on thousands in interest and add years of payments. Maybe clown shows like you and the rest of the whiners would learn some good life lesson to learn how to live with less and minimalism. Shit, delayed gratification would do this country wonders during a time when everyone now thinks they're entitled to everything just because they exist and breathe air. Quit buying crap you don't need, move to a low cost of living area, and delay your gratification. Once you finally learn financial discipline, use the difference to payoff your bills. So sickof the rampant entitlement mentality these days. You aren't special, nor do you deserve anything simply because you exist. |
+1. I agree with you 100%. Unfortunately, the student loan payment “pause” during the pandemic has created a generation of victims. |
Agree 100%. Also agree with PP because of the participation trophy generations and their incredible sense of entitlement this country is doomed. Need to bring back debtors prisons. |
I bet you don't have any problem taking advantage of the mortgage interest deduction. Why should taxpayers subsidize your overpriced sh*tshack? Pay your own damn bills and stop buying things you can't afford. |
Wtf are you blathering about. Millions of student loan borrowers already have their student loans subsidized. Plus they get interest payment tax deductions while hardly anyone writes off housing interest payments anymore with standard deductions used that everyone gets. Besides, housing is way more important than your sh*tty overpriced liberal arts degree you could have gotten for $2.35 in overcharge fees from the local public library. Pay your damn bills you owe and cope. |
NP and I’ve read this reply several times. It hurts my head. This reasoning actually makes sense to people. This is why we went to community college and transferred to cheap schools, all while working. So we had manageable loans that could be paid in a reasonable amount of time, even with really low paying jobs fresh out of college. I have no sympathy. |
Based on what data, just some made-up mumbo-jumbo you heard? |
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Why do Republicans hate students so much?
Why do Republicans hate higher education so much? |