What is going on with student loans?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Source: https://educationdata.org/student-loan-debt-by-income-level

I’m pretty sure loan forgiveness won’t be for the UMC or rich.

Tell a barber or a mechanic in the mid west or the south that someone making $125K (individual) or $250K (family) is not UMC.
They will laugh in your face.

They could have taken out loans and gone to college!?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He has a point

Not really. They’re not the same. No other country gives free mortgages. But plenty of countries provide free college educations. Society benefits from an educated population. I know conservatives like to rundown higher education but come on!

Yeah but this country is filled with people like me who paid for our education and are pissed off about this.

I am pissed off about PPP loans to profitable businesses and wealthy individuals. Going to law school was my own "business" decision for my future earnings. Why do they get millions in loans forgiven?

Don't worry, you and I will get over our anger.

Agree. Reese Witherspoon could have used her own money to keep her ugly clothing line going or just declared bankruptcy. Companies shouldn’t be bailed out.

BTW, student loans cannot be discharged through bankruptcy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

Enjoy electing gun nuts and forced birthers just to make some smug, self-righteous point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

You’re petty. So petty

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

You’re petty. So petty

Include millions of other Americans in your characterization of me.
This is not a popular decision... except with the far left.

Call me petty for being angry that I sacrificed vacations, newer vehicles, food, clothing, and other items in order to pay off loans.
I call you a freeloader for wanting your loans.... that YOU signed a contract for.... paid off by people who did not assume YOUR loan.
I'd much rather be petty than a freeloader.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

Enjoy electing gun nuts and forced birthers just to make some smug, self-righteous point.

"Smug." "Self-righteous."

Hilarious. Because I expect people who signed contracts to live up to the terms of those contracts?

What a bunch of crap.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Let's be clear.....

There is no such thing as student loan "cancellation" or "forgiveness." He is not cancelling anything.

He is *transferring* the loans to taxpayers who paid off their loans or who didn't take out any loans to begin with.

And, the Dems will pay big for this horrible decision.

So your choice will be the GOP who backed a coup to block an election and who leaders has numerous criminal investigations going or the Democrats who are giving debt relief to those severely struggling under education loans? People who paid theirs off weren’t struggling as much (hence they could pay them off!).

The decision is not even close in my mind. Republicans up and down the ticket. All the way. No regrets.

As one who sacrificed to make sure my loans were paid off.... I'm pissed.

You’re petty. So petty

Include millions of other Americans in your characterization of me.
This is not a popular decision... except with the far left.

Call me petty for being angry that I sacrificed vacations, newer vehicles, food, clothing, and other items in order to pay off loans.
I call you a freeloader for wanting your loans.... that YOU signed a contract for.... paid off by people who did not assume YOUR loan.
I'd much rather be petty than a freeloader.

I already paid mine off! I too sacrificed luxuries. But I know other people are suffering under the debt and not just unable to take a vacation or drive a new car. They aren’t freeloaders either.

[Anonymous]

Anonymous wrote:

Republicans had no problem going into debt for Ukrainians.

So I'd say 13% of Americans is not a bad percentage at all

[Anonymous]

Sorry PPs, your outrage is based on incorrect info. Not for the rich:

The extra debt forgiveness for Pell recipients would be in addition to the expected cancellation of up to $10,000 in student debt for most other borrowers. The White House’s plans are only expected to apply to Americans earning under $125,000 per year, or $250,000 per year for married couples who file taxes jointly, the people familiar said.

https://apple.news/A9UqCIIoRSEOmRTZcfSjgNw

[Anonymous]

Anonymous wrote:Sorry PPs, your outrage is based on incorrect info. Not for the rich:

The extra debt forgiveness for Pell recipients would be in addition to the expected cancellation of up to $10,000 in student debt for most other borrowers. The White House’s plans are only expected to apply to Americans earning under $125,000 per year, or $250,000 per year for married couples who file taxes jointly, the people familiar said.

https://apple.news/A9UqCIIoRSEOmRTZcfSjgNw

For those of you who don’t know Pell recipients are low income students.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Source: https://educationdata.org/student-loan-debt-by-income-level

I’m pretty sure loan forgiveness won’t be for the UMC or rich.

Tell a barber or a mechanic in the mid west or the south that someone making $125K (individual) or $250K (family) is not UMC.
They will laugh in your face.

They could have taken out loans and gone to college!?

And some CHOSE not to! It’s ok to do that too. But now we don’t have student loan debt and have to help pay for those that DID choose to go to college. We live the way we want to, but don’t want to pay for others to live the way they want to . The entitlement mentality in this country will do it in mark my words.

[Anonymous]

blah blah blah, same people looking for a handout will be asking for another handout in the future. waste of time.

[Anonymous]

Can't wait to see how Pelosi rationalizes a flip flop on this statement she made just a year ago.

But last year, Pelosi poured cold water on the idea -- saying that such a move was something reserved for an act of Congress, not the executive.

"People think that the President of the United States has the power for debt forgiveness; he does not," Pelosi said in July last year. "He can postpone, he can delay, but he does not have that power. That has to be an act of Congress."

She also appeared to question whether such a policy was fair.

"Suppose…your child just decided they, at this time, [did] not want to go to college but you’re paying taxes to forgive somebody else’s obligations. You may not be happy about that," she said, before adding that she does not want children to be prohibited from going to college for financial reasons.