What is going on with student loans?

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Will Biden payoff student loans for Study Abroad semesters?

Study abroad costs because you are paying someone else's tuition at your university. That someone else doesn't pay tuition at his university, but you are given that person's spot


As long as Biden is paying the bill, sounds good to me.


Will Biden payoff my credit card debt too?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Will Biden payoff student loans for Study Abroad semesters?

Study abroad costs because you are paying someone else's tuition at your university. That someone else doesn't pay tuition at his university, but you are given that person's spot


As long as Biden is paying the bill, sounds good to me.


Will Biden payoff my credit card debt too?

I think you know the answer to that
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why this impending 10 k loan forgiveness arouses so much rage and jealousy in UMC white folks is a mystery.


For me - It arouses so much rage (not jealousy) because I fought my way through college and grad school. My spouse did the same. We didn't party - we worked multiple jobs. He opened a business. I worked my way up in a male dominated field. We paid off our loans early instead of drinking lattes and carrying a fancy purse.

We kept our employees fully paid through covid while pausing our own children's 529's to do so and other sacrifices, supported every random mandate that was put on small businesses over the past two years with almost no support from the govt, watched as money was handed out like water, and now have to see a bunch of entitled college grads get more free money. We didn't qualify for a single government program as a family because of our income. We never received the random checks that others got. The PPP loan for the business did not cover the costs incurred over the past 2.5 years.

And now we have inflation, crazy costs for food and no respite in sight because of ridiculous leaders and a generation that cannot take responsibility for their actions. I am tired of paying for others. Blame the rich all you want but we kept 30 families in their homes, with health insurance and fed during the height of covid and did everything right. We have gotten nothing. Nothing from the government. I am tired of it.

Grow up and pay your bills and start a savings account in case of a disaster or pandemic.


I’m sorry you are so angry.

This Brenda Bootstraps has a real bee in her bonnet. And her business has received nothing from the government? LOL.


DP you’re misreading public sentiment if you think debt forgiveness is a popular issue amongst voters……it’s not.


The responses this poster got shows such disdain for those that do hard work.


Not that many Americans went to college and a sizeable number who did do not have loans anymore. It's a wealth transfer to the few that will piss off the many.

https://www.census.gov/content/dam/Census/library/working-papers/2022/demo/sehsd-wp2022-09.pdf

We all pay for things we don’t benefit from. The middle class pays for plenty of things for those who aren’t college educated.


Like what? Please provide some examples.
Anonymous
Odd to want to reward people who can’t or won’t meet the debt obligation they signed up for. Perhaps that gender studies degree from BU wasn’t the right choice for a successful career. Oh well, deal with it.
Anonymous
typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.
Anonymous
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?
Anonymous
Anonymous wrote:
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?


Pretty dumb approach. What if they dont? or only do a small portion of it? I don't think you're good at finances, the greatest gift they gave you dead beats was pausing the interest accumulation. That itself was the forgiveness.
Anonymous
Anonymous wrote:Wait for the political ads: video of college students at daytona beach juxtaposed to inflation images juxtaposed to law school grads making 6 figures.

dems always find a way to screw things up.


Sounds like a bunch of educated elites who think they're better than you. I'm gonna go with the Daytona beach partiers on this one.
Anonymous
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


+1 Government handouts should be reserved for Boeing and Raytheon
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?


Pretty dumb approach. What if they dont? or only do a small portion of it? I don't think you're good at finances, the greatest gift they gave you dead beats was pausing the interest accumulation. That itself was the forgiveness.


My guess here is you’re the one who isn’t good at finances. You never pay off interest free debt. Only a fool would do so, especially in a period of high inflation.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?


Pretty dumb approach. What if they dont? or only do a small portion of it? I don't think you're good at finances, the greatest gift they gave you dead beats was pausing the interest accumulation. That itself was the forgiveness.


My guess here is you’re the one who isn’t good at finances. You never pay off interest free debt. Only a fool would do so, especially in a period of high inflation.


Enjoy waiting years for the forgiveness while the loans negatively affect your credit score and limit your ability to get a home loan!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?


Pretty dumb approach. What if they dont? or only do a small portion of it? I don't think you're good at finances, the greatest gift they gave you dead beats was pausing the interest accumulation. That itself was the forgiveness.


My guess here is you’re the one who isn’t good at finances. You never pay off interest free debt. Only a fool would do so, especially in a period of high inflation.


Enjoy waiting years for the forgiveness while the loans negatively affect your credit score and limit your ability to get a home loan!


Wow, this post proves you really don’t know anything.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:typical dem policies. handout after handout because we "feel sorry people made dumb decisions"

It amazes me people have been sitting on their butts for the last two years and not making payments. who care if its in deferment, make the damn payments and save on interest, that's a start! Now you have been spending the money on stupid stuff and cant get off the sugar high when reality sets in and you want to beg the government for more money? please, the voters will not have mercy for you.


Why would I pay off debt politicians are signaling they will pay off for me?


Pretty dumb approach. What if they dont? or only do a small portion of it? I don't think you're good at finances, the greatest gift they gave you dead beats was pausing the interest accumulation. That itself was the forgiveness.


My guess here is you’re the one who isn’t good at finances. You never pay off interest free debt. Only a fool would do so, especially in a period of high inflation.


WOW. Yes obviously but when there is a pause on the interest and everything is going to principle, you take advantage and pay that shit off. These people and maybe you're not in this camp but they spent their money on BS and are on a sugar high. The same exact people didnt pay the high interest debt. They simply dont pay, who else would be begging?
Anonymous
and what about the millions of people the refinanced their loans to private when the interest rate was low? they all get shafted huh? was it their fault the government set the interest rates at 6.8% and they were forced to refi? What a sham. I will never vote democrat if this happens?
Anonymous
Anonymous wrote:and what about the millions of people the refinanced their loans to private when the interest rate was low? they all get shafted huh? was it their fault the government set the interest rates at 6.8% and they were forced to refi? What a sham. I will never vote democrat if this happens?


They get shafted because an EO is the only way this can happen and Biden doesn't have to ability to forgive private loans
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