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Reply to "Student loan forgiveness given new life"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden is at it again! A new student loan forgiveness plan was announced today. Some eligible borrowers have already received notification of their loan forgiveness. https://www.cnn.com/2023/07/14/politics/student-loan-relief-biden-administration/index.html[/quote] Is there EVER a day he doesn’t get one over on the GOP’ers?!?! I’m loving this!!!![/quote] Sick people. Work. Pay your debts. [/quote] Hi hon! Maybe look into the thousands of people who work and attempt to pay off their debts only for the interest rates to mean they’re just in more debt. Cause you sound like a heartless fool. [/quote] Maybe you should have spent 5 minutes learning personal finance 101 on YouTube before taking out tens of thousands in loans? I know it is too much these days for people to spend 10 minutes on personal responsibility even though they have inordinate amounts of time to waste on Twitter, Insta, and TikTok. The level of entitlement these days is absolutely disgusting. I truly believe we need a Great Depression 2 for the country in order to shed all of this weakness in our overly indulgent culture that's resulting in sickening entitlement mentality. Pay your own damn bills.[/quote] They did pay their bills, for 25+ years but because of interest rates and lack of bankruptcy protection, they still have a balance with no end in sight. The income based repayment plans were always meant to last no longer than 20-30 years. And you are out a ton of money if you made income based payments for 25 years.[/quote] Omg.....you mean there is interest charged on a loan and an amortization schedule? Holy crap, welcome to the real world children. We know, we know....adulting is hard. You paid the minimum like a moron and wonder why you're still paying 10 years later. Truly amazing how people are getting to 40 years old these days and have the mindset of barely functional teenagers. This country is doomed.[/quote] If “adulting” means being a mean, cold stone-hearted jerk like you, then I would rather be a teenager indefinitely. And really what dooms this country are scorched earth capitalists like you who have no regard or empathy for anyone but themselves. [/quote] Adulting means delaying gratification to payoff your debts like I did. I paid off $80k in loans. I spent 10 minutes learning about finance 101, interest rates, and what it'd mean if I just paid the minimum every month. Because I was a responsible adult and not a dumbass, I paid extra every month on my loans. I used every single tax break and bonus on them. For years I forewent driving around in a nice car, I rarely bought new clothes, I hardly bought new cell phones, I didn't go on swanky trips, I didn't live in an stupidly expensive urban center, I didn't go out to happy hour and restaurants constantly with friends.....I delayed tons of gratification to pay off what I owed and what I agreed to payback. I knew it was stupid to pay the minimum because it'd tack on thousands in interest and add years of payments. Maybe clown shows like you and the rest of the whiners would learn some good life lesson to learn how to live with less and minimalism. Shit, delayed gratification would do this country wonders during a time when everyone now thinks they're entitled to everything just because they exist and breathe air. Quit buying crap you don't need, move to a low cost of living area, and delay your gratification. Once you finally learn financial discipline, use the difference to payoff your bills. So sickof the rampant entitlement mentality these days. You aren't special, nor do you deserve anything simply because you exist.[/quote] + a million And, let's call this what it is..... It is not "forgiveness." It is a transference of debt to people who never took out loans. [/quote]
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