Canceling $10k of student loan debt is stupid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think they should just lower the interest.

I agree. The loans for education should be 0 or very low interest.

So the math is tricky, but they did actually address this. Under the new plan as long as you're enrolled in IBR and making payments (even if the payment is 0), interest won't accrue. This is the real game changer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This debt forgiveness business has turned me into a one-issue voter. I will not vote for anyone who runs on a platform supporting and promising student loan forgiveness.

--reliable Democrat voter for the last 30 years

+1. As a left leaning Independent, these AOC-sh*t is enough to vote moderate R. So f'king tired of it.

This. Graduates have not had to make payments in over two years. I think the payment stop has fueled some of the insane travel crowds over
the last two years.

Wow, this is insightful and makes a helluva lotta sense!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they should just lower the interest.

I agree. The loans for education should be 0 or very low interest.

So the math is tricky, but they did actually address this. Under the new plan as long as you're enrolled in IBR and making payments (even if the payment is 0), interest won't accrue. This is the real game changer.

No it is not. It’s like giving everyone $10,000 to buy a car. A week later …oh look all cars cost $10,000 more. This will just raise the cost of college.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they should just lower the interest.

I agree. The loans for education should be 0 or very low interest.

So the math is tricky, but they did actually address this. Under the new plan as long as you're enrolled in IBR and making payments (even if the payment is 0), interest won't accrue. This is the real game changer.

No it is not. It’s like giving everyone $10,000 to buy a car. A week later …oh look all cars cost $10,000 more. This will just raise the cost of college.

There isn't forgiveness going forward so it won't have this impact--only loans issued before June 30. We still need more work to address college affordability, but this action doesn't worsen it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So somehow this county ended up with election denying crazies who storm the capitol on right and responsibility/accountability deniers with "free for all" policy on the left? We are totally f'ed.

Yup. How do you possibly vote in the next election with two awful choices.

I will tell you right now, I am not voting for DT, I am not voting for JB. Between those two, I will stay home.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok, so I survived cancer and I don't see why other people can't do the same. Why is the government working on curing cancer for these lazy people.

Yes, that is a really dumb argument and...

+1 million. I think people need to look inside themselves and think about why they want people to suffer the same thing they found difficult.

Democrat thesaurus: Hard work/personal responsibility/smart choices/sacrifice = suffering

Republican Thesaurus: individual borrowing forgiveness = bailout, freeloading; tax cuts for billionaires and handouts to corporations = “incentivizing competitiveness”

Such a crock of bullshit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok, so I survived cancer and I don't see why other people can't do the same. Why is the government working on curing cancer for these lazy people.

Yes, that is a really dumb argument and...

+1 million. I think people need to look inside themselves and think about why they want people to suffer the same thing they found difficult.

Democrat thesaurus: Hard work/personal responsibility/smart choices/sacrifice = suffering

Republican Thesaurus: individual borrowing forgiveness = bailout, freeloading; tax cuts for billionaires and handouts to corporations = “incentivizing competitiveness”

Such a crock of bullshit.

1. It is bailout/freeloading
2. as long as law allows that, it is what it is. If you don't like it, have Congress change the law.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they should just lower the interest.

I agree. The loans for education should be 0 or very low interest.

So the math is tricky, but they did actually address this. Under the new plan as long as you're enrolled in IBR and making payments (even if the payment is 0), interest won't accrue. This is the real game changer.

No it is not. It’s like giving everyone $10,000 to buy a car. A week later …oh look all cars cost $10,000 more. This will just raise the cost of college.

There isn't forgiveness going forward so it won't have this impact--only loans issued before June 30. We still need more work to address college affordability, but this action doesn't worsen it.

College deans are absolutely going to jack up prices and build that gold-plated faculty lounge, now that they know that the government will just bail students out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok, so I survived cancer and I don't see why other people can't do the same. Why is the government working on curing cancer for these lazy people.

Yes, that is a really dumb argument and...

+1 million. I think people need to look inside themselves and think about why they want people to suffer the same thing they found difficult.

There are two kinds of people: those who think I struggled so you should too, and those who think I don’t want others to struggle like I did.

[Anonymous]

I hope this backfires big time in November for Dems. Truly stupid move 3 months before the election. How is it fair to working class families - who gave up college dream - because couldn't afford tuition?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they should just lower the interest.

I agree. The loans for education should be 0 or very low interest.

So the math is tricky, but they did actually address this. Under the new plan as long as you're enrolled in IBR and making payments (even if the payment is 0), interest won't accrue. This is the real game changer.

No it is not. It’s like giving everyone $10,000 to buy a car. A week later …oh look all cars cost $10,000 more. This will just raise the cost of college.

You actually Think people are being given $10k check? How are people this^^^ stupid?

[Anonymous]

Anonymous wrote:I hope this backfires big time in November for Dems. Truly stupid move 3 months before the election. How is it fair to working class families - who gave up college dream - because couldn't afford tuition?

There are two kinds of people: those who think I struggled so you should too, and those who think I don’t want others to struggle like I did. I would like to think most working class families aren't so resentful that they don't want others to have the opportunities they didn't have.

[Anonymous]

Anonymous wrote:I hope this backfires big time in November for Dems. Truly stupid move 3 months before the election. How is it fair to working class families - who gave up college dream - because couldn't afford tuition?

Nope because they got $ too in the same bill. For example, Farmers are set.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok, so I survived cancer and I don't see why other people can't do the same. Why is the government working on curing cancer for these lazy people.

Yes, that is a really dumb argument and...

+1 million. I think people need to look inside themselves and think about why they want people to suffer the same thing they found difficult.

Democrat thesaurus: Hard work/personal responsibility/smart choices/sacrifice = suffering

Republican Thesaurus: individual borrowing forgiveness = bailout, freeloading; tax cuts for billionaires and handouts to corporations = “incentivizing competitiveness”

Such a crock of bullshit.

+1 Democrats--as part of a once in a century pandemic support, will spend $300 bn to do partial student loan forgiveness for people with lower incomes who borrowed to improve their opportunities for employment
Republicans-as part of a once in a century pandemic support, did loan forgiveness for nearly $800 bn to "small businesses" which were mostly well-connected Republicans and rich owners like Reese Witherspoon and Tom Brady and Jared Kushner.

[Anonymous]

Anonymous wrote:I hope this backfires big time in November for Dems. Truly stupid move 3 months before the election. How is it fair to working class families - who gave up college dream - because couldn't afford tuition?

Not that many in the dems base. Non college educated typically don't have a college dream and vote R anyway.