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Reply to "What is going on with student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He has a point [twitter]https://twitter.com/AndySwan/status/1562094301282181120?t=to7yzBxmmzZ-GE3ElhA0Gg&s=19[/twitter][/quote] 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![/quote] Yeah but this country is filled with people like me who paid for our education and are pissed off about this.[/quote] Yes, I’m in the same boat but I’m not angry at all. I have earned a great living and was able to pay off my loans. They need help.[/quote] I have a good friend who was similarly benevolent because she felt she could afford the tax increase Biden had proposed before he was elected. And she was ok with this type of thing too. Until inflation hit and her husband lost his job. He got a new one but not as good and they had to move so now they have a new mortgage and higher interest rate. It is EASY to be benevolent when you can afford it but you are being self centered in thinking that all of us can. I made decisions about where I would go to school based on tuition and the amount of loans I would need. I made decisions about the jobs I took and my Living situations based on my debt. That is how it is done. I had to have roommates in my late twenties while at Big Law to pay for my degree. [b] I did NOT take loans and then expect others to pay for them.[/b] It is so irresponsible and selfish. And Biden is flat out paying for votes. He is a grifter. [/quote] Neither did people whose debt is being forgiven. You think an entire generation and a half went to college solely because they expected some President in the future to cancel their debt? [b]Seems you're just bitter that other people are getting something you aren't.[/b] [/quote] Oh, FFS. It is not about this at all.... This move: - will increase inflation - will increase tuition costs - will be given primarily to middle class and grad students - will be felt most by middle class taxpayers who decided NOT to go to college and take out loans - will teach these recipients that contracts can be ignored - will only result in the far left demanding even *more* loan transfer .... just wait. This is a dry run. - will send a message to future borrowers not to worry about paying off your loans... they will eventually be paid off by the tax payers when a Democrat needs to buy votes. I hope this goes to court and it is determined that what Biden is doing is illegal. [/quote] The bulk of the forgiveness is going to Pell recipients! Additionally, they are forgiving only $10k. If you owe $91k, like I did at one time, $10k is a drop in the bucket. It’s like forgiving the interest. Get a grip! He isn’t buying votes. It was a campaign promise. People seemed to be ok with it because they voted for him.[/quote]
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