Trump will rollback student loan forgiveness

[Anonymous]

Anonymous wrote:Biden will forgive a ton more loans before leaving office, don't you worry.

All to be reversed in court as unconstitutional. All spending will originate in the House of Representatives. Don't you worry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Gotta try to pay for the tax cuts for corporations and rich people.

What problem does student loan forgiveness solve?

Nothing. It does absolutely zero to address the root cause(s) of student loan debt. It is just a free cash handout, and guess what happens five years from now? The same problem crops up again, and even potentially worse than before.

Biden tried to backdoor in mass student loan forgivess by making it so that people pay virtually nothing per month, then make it go all away in 10 years with consistent 'payments'.

Pay your bills and be an adult.

It allows people to go into fields that are really important and require a college degree, but don't make enough like teachers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Expensive private college tuition should only be for rich people.

And if your local four year public college or university is too expensive for you, then starting your college career at a community college is a great option.

Whatever debate there needs to be about college costs should happen at the state and local level in terms of taxes to support higher education.

People need to start learning to be more realistic and pragmatic about their choices.

There is no rational reason for American taxpayers to pay 100% of your cost to a college that has tuition higher than median household income just because it was your dream.

Did you actually just say that private colleges should just be for rich people? Wow, you really have some great morals there, MAGA.

It's interesting b/c the very people who are rallying against this, are the ones who can afford to send their kids to elite colleges to retain THEIR wealth. They don't want others to achieve what they have. They like having haves and have nots.

[Anonymous]

Anonymous wrote:I love how these MAGA hypocrites cried to the MAGA courts about Biden overstepping his authority by using executive order to forgive student loans, but they are cool with Drumpf using executive orders to fire the federal workforce.

The president is the Head of the Executive Branch. The federal workforce serves at the pleasure of the president. Get used to it and learn how the government works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Biden will forgive a ton more loans before leaving office, don't you worry.

All to be reversed in court as unconstitutional. All spending will originate in the House of Representatives. Don't you worry.

So what? If the loans have been forgiven, how are they going to practically force people to pay them back.

[Anonymous]

Anonymous wrote:This is good for helping stop inflation and restoring the value of the dollar. Cutting off 100 percent of benefits to illegals including schooling, free hospital care (make them pay or go to prison and then expelled after hospital release), food credits, shelter, payments of any kind.

Stop the handouts and inflation drops quickly. We need de-flation to reset to 2021 prices .

Can we also stop the handouts to farmers and billionaires?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I love how these MAGA hypocrites cried to the MAGA courts about Biden overstepping his authority by using executive order to forgive student loans, but they are cool with Drumpf using executive orders to fire the federal workforce.

The president is the Head of the Executive Branch. The federal workforce serves at the pleasure of the president. Get used to it and learn how the government works.

So all the laws that congress passed about federal workers don’t actually matter.

[Anonymous]

Anonymous wrote:Fun fact, the Supreme Court ratified that debt forgiveness belongs to Congress

There's no room for facts, logic and reason here. This is DCUM.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I love how these MAGA hypocrites cried to the MAGA courts about Biden overstepping his authority by using executive order to forgive student loans, but they are cool with Drumpf using executive orders to fire the federal workforce.

The president is the Head of the Executive Branch. The federal workforce serves at the pleasure of the president. Get used to it and learn how the government works.

I worked in it for decades, and only Presidential appointees “serve at the pleasure of the President.” Maybe you should learn how government works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Expensive private college tuition should only be for rich people.

And if your local four year public college or university is too expensive for you, then starting your college career at a community college is a great option.

Whatever debate there needs to be about college costs should happen at the state and local level in terms of taxes to support higher education.

People need to start learning to be more realistic and pragmatic about their choices.

There is no rational reason for American taxpayers to pay 100% of your cost to a college that has tuition higher than median household income just because it was your dream.

Did you actually just say that private colleges should just be for rich people? Wow, you really have some great morals there, MAGA.

It's interesting b/c the very people who are rallying against this, are the ones who can afford to send their kids to elite colleges to retain THEIR wealth. They don't want others to achieve what they have. They like having haves and have nots.

Yes, lots of Marie Antoinettes up in here.

[Anonymous]

I think the thing that needs forgiven in terms of student loans is the interest.

It took me 8-10 years of working after graduation to be in a good financial place to make payments on mine that were more than the minimum monthly payment. I borrowed $27k over 4 years, so relatively low compared to many I know, but when all was said and done, I paid back $46k.

My sister has paid back her original student loan amount of $40k but still owes like $39k because of Interest.

Most people I know aren't averse to paying back what they borrowed. It's the interest that is crippling to them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love how these MAGA hypocrites cried to the MAGA courts about Biden overstepping his authority by using executive order to forgive student loans, but they are cool with Drumpf using executive orders to fire the federal workforce.

The president is the Head of the Executive Branch. The federal workforce serves at the pleasure of the president. Get used to it and learn how the government works.

So all the laws that congress passed about federal workers don’t actually matter.

If they violate the Constitution or claim authority above the Constitution, they don't. No statute overrides the Constitution, no matter how much you want it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yeah but aren’t they also talking about reneging on loans taken out with forgiveness for public service?
There are people who made a deal to, teach, nurse, do social work for an agreed upon number of years, in exchange for loan forgiveness.
The government shouldn’t be allowed to break those deals.

I doubt that will be legal.

I’m one of those who had loans forgiven for public service. I also paid them for 20 years on time before getting a position with public service forgiveness. I don’t understand people’s outrage. I paid them on time each month for 20 years and under the original terms of the loan they were to be forgiven after 20 years of on time payments. It isn’t my fault that the loan servicing companies didn’t have the technology to track loan history once loans were bought and sold.

I don’t understand how that is legal. If a borrow takes a loan out with terms for forgiveness, and the borrower meets those terms - HOW THE F WERE THOSE TERMS NOT HONORED?!?!? how is that legal?
That’s my beef with the student loan debacle. How can those loans be sold without the terms of the loan being known? It infuriates me.

The servicing companies didn’t have a way to track loans when they’re bought and sold. It wasn’t legal, which is why Biden forgave the first batch.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love how these MAGA hypocrites cried to the MAGA courts about Biden overstepping his authority by using executive order to forgive student loans, but they are cool with Drumpf using executive orders to fire the federal workforce.

The president is the Head of the Executive Branch. The federal workforce serves at the pleasure of the president. Get used to it and learn how the government works.

I worked in it for decades, and only Presidential appointees “serve at the pleasure of the President.” Maybe you should learn how government works.

Don't let the door hit you, silly servant.

[Anonymous]

Anonymous wrote:I think the thing that needs forgiven in terms of student loans is the interest.

It took me 8-10 years of working after graduation to be in a good financial place to make payments on mine that were more than the minimum monthly payment. I borrowed $27k over 4 years, so relatively low compared to many I know, but when all was said and done, I paid back $46k.

My sister has paid back her original student loan amount of $40k but still owes like $39k because of Interest.

Most people I know aren't averse to paying back what they borrowed. It's the interest that is crippling to them.

One of the few rational responses in this thread of bilge.