What is going on with student loans?

[Anonymous]

Anonymous wrote:GOP hacks going all in on the fake talking points.

How much PPP money did DeSantis and his family take?

[Anonymous]

I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

[Anonymous]

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

China trade war looking less stupid now… but this isn’t how you argue merits of a action (pointing to other actions that might be bad)

[Anonymous]

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

China trade war looking less stupid now… but this isn’t how you argue merits of a action (pointing to other actions that might be bad)

No, the China trade war is still dumb. And like I said, I don't think this is a good idea and I'm not going to defend it. But I'm not outraged by it either.

[Anonymous]

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

[Anonymous]

They don't have a clue what this will cost and they will not admit that taxpayers who didn't take the loans or didn't go to college will be on the hook for this.

And, once again.... she is dreadfully bad at her job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down. People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)).

[Anonymous]

Anonymous wrote:Is there a 60 page thread on the $700b in PPP loans that were forgiven? Or are y’all just mad at poor and middle class folks?

The PPP was a very unique payment since the government prevented people from working.

And, IT WAS PASSED BY CONGRESS.

This move is a unilateral move by Biden, no debate in Congress because he knows damn well it wouldn't pass.
It is neither popular nor a wise decision.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down. People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)).

If you cared about that you would be demanding tuition caps at state schools. Obviously, that's not why you are upset with the $10k forgiveness that only benefits low wage undergrads.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is there a 60 page thread on the $700b in PPP loans that were forgiven? Or are y’all just mad at poor and middle class folks?

The PPP was a very unique payment since the government prevented people from working.

And, IT WAS PASSED BY CONGRESS.

This move is a unilateral move by Biden, no debate in Congress because he knows damn well it wouldn't pass.
It is neither popular nor a wise decision.

The PPP was a LOAN first. Businesses took the loan expecting to pay it back. Why should I, a tax payer and someone who did NOT take a loan for my business, be forced to pay taxes to cover the massive amount of loans that were forgiven??

It's not fair! I don't care if Congress passed the PPP loan forgiveness program or not. It. Is. Not. Fair!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is there a 60 page thread on the $700b in PPP loans that were forgiven? Or are y’all just mad at poor and middle class folks?

The PPP was a very unique payment since the government prevented people from working.

And, IT WAS PASSED BY CONGRESS.

This move is a unilateral move by Biden, no debate in Congress because he knows damn well it wouldn't pass.
It is neither popular nor a wise decision.

Agree. Governments basically shutting things down makes PPP and similar programs different conceptually. Businesses were forced into a situation by the choice of governments. Borrowers in the student loan program volunteered to take out their loans.

That said, we don't judge the value of policies based on what some other policies are or may have been. We judge policies on their individual merits... period.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down. People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)).

It certainly can’t be the nearly predatory loan terms, no sir, that has nothing to do with anything at all. /s

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down. People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)).

If you cared about that you would be demanding tuition caps at state schools. Obviously, that's not why you are upset with the $10k forgiveness that only benefits low wage undergrads.

??? I care about “that” immensely. I’m not upset about the $10,000 forgiveness so much as I’m upset that they were enacted with NO other reforms and NO discussion about the root of the problem. Bring on caps. Bring on the spending cuts. Slap a consumer warning on worthless, expensive degrees.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is there a 60 page thread on the $700b in PPP loans that were forgiven? Or are y’all just mad at poor and middle class folks?

The PPP was a very unique payment since the government prevented people from working.

And, IT WAS PASSED BY CONGRESS.

This move is a unilateral move by Biden, no debate in Congress because he knows damn well it wouldn't pass.
It is neither popular nor a wise decision.

Agree. Governments basically shutting things down makes PPP and similar programs different conceptually. Businesses were forced into a situation by the choice of governments. Borrowers in the student loan program volunteered to take out their loans.

That said, we don't judge the value of policies based on what some other policies are or may have been. We judge policies on their individual merits... period.

Lots of PPP loan grifters in Florida and we know that state never shut down during the pandemic. So......

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I paid off my loans a while ago and don't think this loan forgiveness is a particularly good idea. But I'm having a hard time understanding the republican outrage about it. This is hardly the first time the government has spent money unwisely, or given out money to people on shaky grounds. The tax code is full of hard-to-justify deductions, credits and benefits. The 199A deduction in the Trump tax cuts, for example, is absolutely nuts and is a straight give-away to groups that vote republican. The Trump admin sent billions of dollars in grants and loans to farmers after it destroyed their business with its dumb China trade war. Really hard to take republicans seriously on this when they supported those policies.

The Republican base doesn't understand that the $10k only helps undergrads with low debt levels but for "rich" grad students it only erases $10k of accrued interest on their 6 figure loans. It's just another thing where R voters are told a program benefits rich liberals but it actually helps their cousin who tried culinary school or their uncle who went to Devry.

Also the media elites as well as DCUM grifter rich folk try to frame it as "taking money from others" which is absurd. All these people in this thread were putting the extra child tax credit in 529 or IRA funds without complaining about stealing from teenage Amazon drivers or single tax payers. They also itemize the interest on their huge home mortgages stealing tax revenue from state/federal coffers just so they can live in NW DC, McLean, or Bethesda.

Nice that your base is sooo much smarter. Perhaps none of them work in the university system.

But you’ve just made the problem of suffocating costs… worse. Tuition price tags will continue to go up, quality will go down. People need help repaying these pins precisely because the PRODUCT they purchased with the loans is not WORTH the value. And the more money universities get, the less inclined they are to hold students to high standards (“everyone must get a B or above” (paying customers after all)).

It certainly can’t be the nearly predatory loan terms, no sir, that has nothing to do with anything at all. /s

One does not exclude the other.