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Reply to "any cons in suspended student loans debt? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think anyone - ANYONE should be able to borrow more than the cost of their state flagship school in debt. If you choose private, you need to be able to afford it.[/quote] Stop spreading disinformation. LIFETIME MAX federal loan limit for traditional undergraduate students is $31,000. Stop using fake hypothetical students with [i]$100K in loans for a bachelor's degree in art from a ritzy private college[/i] to push your narrative. $31K total in federal loans is all an undergraduate kid can take out. Public or private. $31,000 total, period. Source: https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized[/quote] Progressives want Biden to forgive all student loans, including graduate student loans, which have no maximum borrowing limit. Many of the people with the highest amounts of student loan debt are doctors and lawyers who will benefit tremendously from student loan forgiveness despite earning much more than the average American.[/quote] That's just the corporate-controlled uniparty democrats and republicans poisoning the well to make it sound like a giveaway to the decadent class. I don't think anyone believes rich MD surgeons, MBA bankers and JD corporate attorneys are or should get their loans zeroed out. The dialogue ought to be centered on [b]federal undergraduate loans[/b], which the lifetime max is $31,000. Shills continue to bring up disinformation about "$100k private college loans" and "rich doctors" to divert the conversation away from the poor and middle class kids who have <$31,000 in federal loans from their undergraduate studies at 2 or 4 year colleges.[/quote] [b]Would you characterize Elizabeth Warren, Bernie Sanders, and The Squad, as "corporate-controlled uniparty Democrats?" [/b]They support forgiving ALL student loans. Also, if Biden unilaterally forgives student loans in 2022, do you think he should do additional rounds of forgiveness in 2023 and so on or is forgiveness a one time thing? What happens if Democrats lose the presidential election, and a Republican takes over? [/quote] Lol, yes, absolutely. Was that a serious question? It's all theater.[/quote] Elizabeth Warren should be the last one calling for debt forgiveness. She took a salary of over $400,000 from Harvard for teaching a single course each semester. This is an obscene salary and this kind of crap is exactly why college costs are so damned high. Sure, Harvard is private..... but similar excessive spending happens at state schools as well. [/quote] Admin salaries are the problem, not prof salaries. [/quote]
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