What is going on with student loans?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL. This didn't go quite as she was hoping......

Americans are selfish. What else is new?

The selfish are those that make a financial commitment to repay debt but expect a taxpayer handout because they've made poor decision and performed poorly in life. Those people are parasites.

It's really not. Ending up with student loans, known to be absolutely predatory, are not always due to poor decisions or performing parasites.

And you saying so makes you selfish, yes. As well as an angry, ugly twat.

Then, those who cannot afford it should either save up until they can or not go to college......if loans are so "predatory," people should stop taking out these loans.

So they should go to college when they are 50? I’m guessing you didn’t have to save up before going to college, so don’t be such an elitest let them eat cake a$$hole.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL. This didn't go quite as she was hoping......

Americans are selfish. What else is new?

The selfish are those that make a financial commitment to repay debt but expect a taxpayer handout because they've made poor decision and performed poorly in life. Those people are parasites.

It's really not. Ending up with student loans, known to be absolutely predatory, are not always due to poor decisions or performing parasites.

And you saying so makes you selfish, yes. As well as an angry, ugly twat.

Then, those who cannot afford it should either save up until they can or not go to college......if loans are so "predatory," people should stop taking out these loans.

So they should go to college when they are 50? I’m guessing you didn’t have to save up before going to college, so don’t be such an elitest let them eat cake a$$hole.

I actually did.
If they want to take out loans.... fine. As long as they agree to pay them back.
The concept that one can assume a loan, then expect tax payers to repay it for you is just insanity.

[Anonymous]

It's rich people and typically publicans (usually religious, too) that can't stand to see anyone else get relief.

Scum of the earth.

[Anonymous]

Anonymous wrote:It's rich people and typically publicans (usually religious, too) that can't stand to see anyone else get relief.

Scum of the earth.

Yep. Lots of pick yourself up by your bootstraps, I’ve got mine types. They often have a lot of revisionist history about how perfect and financially responsible they were as younger people. And they don’t realize how much fortune and luck has gotten them where they are today. They are Republicans even though they have BLM and “I’m glad your my neighbor” yard signs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's rich people and typically publicans (usually religious, too) that can't stand to see anyone else get relief.

Scum of the earth.

Yep. Lots of pick yourself up by your bootstraps, I’ve got mine types. They often have a lot of revisionist history about how perfect and financially responsible they were as younger people. And they don’t realize how much fortune and luck has gotten them where they are today. They are Republicans even though they have BLM and “I’m glad your my neighbor” yard signs.

lol, ITT we have UMC posters with their MA or JD making double the income of most Americans (~40k/yr) claiming to be disadvantaged, demanding a bailout.

The faux disadvantaged progressive is a cancer on the Democratic party. If things are really that bad, why not propose that we allow people to discharge student loans via bankruptcy after 20 years instead of a bailout?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's rich people and typically publicans (usually religious, too) that can't stand to see anyone else get relief.

Scum of the earth.

Yep. Lots of pick yourself up by your bootstraps, I’ve got mine types. They often have a lot of revisionist history about how perfect and financially responsible they were as younger people. And they don’t realize how much fortune and luck has gotten them where they are today. They are Republicans even though they have BLM and “I’m glad your my neighbor” yard signs.

lol, ITT we have UMC posters with their MA or JD making double the income of most Americans (~40k/yr) claiming to be disadvantaged, demanding a bailout.

The faux disadvantaged progressive is a cancer on the Democratic party. If things are really that bad, why not propose that we allow people to discharge student loans via bankruptcy after 20 years instead of a bailout?

Faux disadvantaged progressives is why I wont vote for any democrat in 2022 and 2024. I lie to my neighbors and posters to avoid their judge’ness. I’m sure others do too and the polls are off

[Anonymous]

$8 trillion from the treasury and into the pockets of the c-suite and Wall Street over the last two years and hypocritical right wing hacks only seethe that poor people might get some chump change in federal student loans deleted. Demonic scum.

[Anonymous]

What's going on is leftists want to soak the taxpayer.

[Anonymous]

Awesome……reward the losers who can’t repay the loans they took out! Brilliant. Go America!!!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL. This didn't go quite as she was hoping......

Americans are selfish. What else is new?

The selfish are those that make a financial commitment to repay debt but expect a taxpayer handout because they've made poor decision and performed poorly in life. Those people are parasites.

All of these discussions of people’s personal choices let financial institutions (and the politicians who wrote lender-friendly laws) off the hook.

I finished my professional degree in 2000 and consolidated roughly $100k in loans at something like 8%. When interest rates went down, I couldn’t take my loans somewhere cheaper because there was a LAW that you could only change lenders once. Meanwhile, the lenders took on little risk in return for that interest-rate bonanza because there is? was? another law that borrowers can’t discharge student loans in bankruptcy.

FWIW, when I took out the loans the payback total didn’t deter me because I knew I could get a high-income job and pay them back. But life happens. In my case, I developed a disability after a few years and lost my income. I’ve never defaulted, but I’ve often had to pay the monthly minimum. Even with a few over-payments in flush times, including one of 5 figures, I’ll make my last payment in 2024. I paid back an amount equal to the actual principal by 2009 — the other 15 years have been servicing interest.

And that was with a professional degree that led immediately to a 6-figure job, not something like an undergrad degree that was the best hope to climb out of poverty. But sure, the problem is 100% individuals and their bad choices, not anything systemic.

[Anonymous]

Anonymous wrote:Awesome……reward the losers who can’t repay the loans they took out! Brilliant. Go America!!!!

You again, barf.

[Anonymous]

Anonymous wrote:What's going on is leftists want to soak the taxpayer.

Exactly. Two wrongs don't make a right. We shouldn't bail out corporations and we also shouldn't bail out law school grads. The former led to Occupy Wall Street and the Tea Party, the latter will probably get us Trump or DeSantis as POTUS.

[Anonymous]

Yeah, as if some of you here complaining about this didn’t take CARES Act money you didn’t need.

[Anonymous]

Anonymous wrote:Yeah, as if some of you here complaining about this didn’t take CARES Act money you didn’t need.

CARES Act addressed a need. You just don't like living off $150k/year and pay $500 for your loans.

[Anonymous]

Anonymous wrote:What's going on is leftists want to soak the taxpayer.

Please articulate precisely how you've been "soaked" during the pause in payments over the last 30 months.