What is going on with student loans?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

My dad died of pancreatic cancer. I'm outraged at the researchers developing a potential cancer vaccine and more effective treatments. If my dad and our family had to suffer, so should everyone else who gets cancer. No one else should get a free pass at living life!

Your education was wasted on you. No one else should foot the bill for however long you spent getting dumber.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

You took out 200k in debt 15 years ago for something other than med school? Sure

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

You took out 200k in debt 15 years ago for something other than med school? Sure

You’re doing a great job minding others’ business. Now, go mind your student loans.

[Anonymous]

I know two men who made good money pre-2008 working with Freddie in the sub-prime leading mess that we (the US taxpayers) cleaned up.

These guys should have gone to jail (or at least gone broke.) Instead, they got the bail-out, and we got the bill.,

Now, they complain when we talk about reducing personal debt by what, $40K? So, I will listen to those not working in real estate or banking talk about this subject.

Everyone else who got bailout money instead of prison time better STFU. And that includes every ex-Freddie POS around.

And, yes, they only said something once about this in my presence.

[Anonymous]

You signed for the loan.

Don't pawn it off on the innocent tax payer

[Anonymous]

Anonymous wrote:You signed for the loan.

Don't pawn it off on the innocent tax payer

+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

You took out 200k in debt 15 years ago for something other than med school? Sure

You’re doing a great job minding others’ business. Now, go mind your student loans.

If you're going to make up stories, at least be believable

[Anonymous]

I think we should forgive medical debt before student loan debt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Personally, I’m glad the mass handout/naked buying of votes that is student loan “reform” isn’t going to happen. I’m an immigrant who grew up in poverty and abuse and had no choice but to get $200k in debt to get through professional school. I spent the next 15 years going without, buying secondhand suits on eBay and at thrift shops, living in impoverished areas of cities for cheap rent, forgoing vacations etc., with home buying completely out of reach, all to pay off that debt. Most of my classmates paid only the minimum and enjoyed nice lifestyles. As a result, their loans ballooned.

For them to now get to play victim and reach into taxpayer funds to pay what they should have paid is wrong.

I’d like to see any student loan reform calculate what the debtor should’ve been able to pay over the term of the loan and set that aside as the debtor’s sole responsibility before any talk of “forgiving” the rest. People who chose not to pay off their loans should not benefit from their own greed.

Boo hoo. 200k 15 years ago means you're a doctor. It also means that you're not a very well paid doctor if it took you 15 years of sacrifice to repay them

I am not a doctor, but you are an idiot. People like you are exactly why I oppose student loan debt reform. If you have enough time and energy to mouth off at people online, then you have enough time and energy to do whatever is needed to pay off your own loans.

DP but I think immigrants should be respectful of other Americans. The PP is obviously not an idiot. Be grateful a country took you in so you could get that education. You owe that poster an apology.

[Anonymous]

Anonymous wrote:I think we should forgive medical debt before student loan debt.

The best thing that could be done for the future of this nation is to declare a debt jubilee.

[Anonymous]

Good thing DH and I got our combined $500k in loans forgiven through PSLF. Guess we can now join the F you, got mine brigade.

But seriously, we didn't budget for loan repayment and I bet most of the people with only $20-30k in debt didn't either. There will absolutely be political and economic problems once people get their $300/month bill while servicing rent and other high-interest debt. But at least a few hundred UMC here will be satisfied.

[Anonymous]

Anonymous wrote:Good thing DH and I got our combined $500k in loans forgiven through PSLF. Guess we can now join the F you, got mine brigade.

But seriously, we didn't budget for loan repayment and I bet most of the people with only $20-30k in debt didn't either. There will absolutely be political and economic problems once people get their $300/month bill while servicing rent and other high-interest debt. But at least a few hundred UMC here will be satisfied.

Oh I can’t wait for the investing opportunities!

[Anonymous]

Yeah, the vultures on DCUM are a bit shocking, hating on student loan forgiveness. But not taxing billionaires is ok, right?