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.

These loans are not to send people to ivy league schools, and many of them went to places like Strayer and Trump University.

Caveat Emptor

Anonymous wrote:

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 .

Look here guys! Another MAGA posting in favor of DEFLATION. FML these people will truly be the death of us..

One can only hope that we are

Had my loans forgiven in 2022 due to PSLF. Thanks, Biden. Also thanks to Trump - loved my $0 qualifying payments during the COVID emergency that counted toward my 120 payments.

Betsy de Vos did everything in her power to block PSLF forgiveness starting in 2017 when the first wave of borrowers were supposed to be forgiven. Barely anyone got PSLF until Biden became POTUS and fixed the forgiveness process. For 3+ years under Betsy de Vos the federal government was welching on the terms of the contract with public service borrowers. Read that correctly: the federal government was in default on its contractual obligations to hundreds of thousands of borrowers. People kept paying their loans for YEARS longer than contractually required because the federal government was refusing to process loan forgiveness as required by the law + the federal government’s servicers had bad record keeping. In fact, those borrowers received checks from the federal government for huge amounts of overpayments (but without any interest).

Sadly, I believe the incoming administration will stop processing PSLF forgiveness and purposely gum up the process. It will take years of unnecessary litigation to get it functioning again. All out of spite and disrespect for a bipartisan law that created PSLF.

Anonymous wrote:

Anonymous wrote:

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 .

Look here guys! Another MAGA posting in favor of DEFLATION. FML these people will truly be the death of us..

It’s not deflation to pick up where hyperinflation started. Still highly inflated.

The inflation was global, not limited to the US, and was a result of COVID and the supply chain breaking. Inflation in the US was bad, but better than anywhere else, and the recovery in the US has been better than anywhere else. Trump, with the tariffs and tax cuts, is going to spike inflation again.

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.

These loans are not to send people to ivy league schools, and many of them went to places like Strayer and Trump University.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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 just helps people not be under crushing debt for education, which is free in most civilized countries. But it's easy to hate on the little guy right? Did the the rich who got PPP loans pay them back like adults?

Cope.

I graduated with $80k in debt. I paid it all off by sacrificing my consumption. I used all of bonuses, tax returns, and income to pay it off. I delayed owning a home, wore old clothes, didn't travel, and didn't buy new cars.

Get a second job and live with minimalism.

You're not solving the problem with forgiveness, because the same problem will happen again in only s few years. In fact, you make the problem worse since colleges now have even more incentive to raise prices faster since they can now always expect the govt to keep bailing out borrowers with forgiveness. Ridiculously stupid.

Who held the gun to your head when you signed the dotted line? You can also make your life better by picking up a trade which requires no college debt and can earn 6 figures. The woe is me I'm just trying to better myself sob stories are cringe. Most Americans don't have college degrees, so why should they pay for your$?

LOL. I never had student loans, Maga. But I an not an idiot like you to do the obscenely rich's bidding in hope of crumbs. Lick those boots harder.

So you didn’t need student loans, but are pretending you aren’t privileged/rich? Making fun of boot licking, when it’s obvious you are blessed with the largesse of someone previously in your family licking boots.

No, my family made money through work, and so have I. We worked just as hard as Trump and Elon.

The difference is, we understand our privilege and want to help others. Not hoard it for ourselves.

Anonymous wrote:Pay your own bills.

There has been plenty of warnings about student loan debt for decades.

Most Americans do not have college degrees. Why should they pay for largely white collar professionals to have debt relief? You can also go to community college for two years and transfer to in state school while not living on campus, can join the military for debt relief, and simply live within your means to pay it off. Why should the bricklayer breaking their back working 70 hours per week doing hard labor pay to relieve the loans of the art student with $100k of debts due to a degree in pottery while they earn $12/h at the local coffee shop living their Bohemian lifestyle?

We know, adulting is hard. Boo hoo.

1) these people have already paid the basis and a lot of interest back, watch the John Oliver video.
2) most of these people are your nursing home practitioners and teachers, of which, we still have massive shortages.

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 .

Inflation is already down. The prices are high because capitalism. Prices are not dropping to pre-COVID levels unless you expect Trump, as a dictator, to mandate it.

Anonymous wrote:Back door to free college and highly paid college administrators



Cut it off.


Astronomical college expenses are done. Get with AI / on line / commute.

But it isn't. These people have more than paid the basis and years of interest. The problem is not the former student.

Anonymous wrote:Tremendous news! More wins.

John Oliver is severely compromised. He's a leftist.

What, in the video, is false?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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 just helps people not be under crushing debt for education, which is free in most civilized countries. But it's easy to hate on the little guy right? Did the the rich who got PPP loans pay them back like adults?

Cope.

I graduated with $80k in debt. I paid it all off by sacrificing my consumption. I used all of bonuses, tax returns, and income to pay it off. I delayed owning a home, wore old clothes, didn't travel, and didn't buy new cars.

Get a second job and live with minimalism.

You're not solving the problem with forgiveness, because the same problem will happen again in only s few years. In fact, you make the problem worse since colleges now have even more incentive to raise prices faster since they can now always expect the govt to keep bailing out borrowers with forgiveness. Ridiculously stupid.

Who held the gun to your head when you signed the dotted line? You can also make your life better by picking up a trade which requires no college debt and can earn 6 figures. The woe is me I'm just trying to better myself sob stories are cringe. Most Americans don't have college degrees, so why should they pay for your$?

Forgiven loans are highly inflationary and a tax on everybody through inflation

Yep. The outrageous gouging by colleges is spent by the sloppy administrators and competes for goods and services above and beyond their production. Then money that would have been spent to pay back the loans is printed and covers the loan . Then the borrowers have much more money to buy and compete for goods and services.

No additional goods and services … more dollars slushing around

Multiply this by a million other government money printing schemes and giveaways.

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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 just helps people not be under crushing debt for education, which is free in most civilized countries. But it's easy to hate on the little guy right? Did the the rich who got PPP loans pay them back like adults?

Cope.

I graduated with $80k in debt. I paid it all off by sacrificing my consumption. I used all of bonuses, tax returns, and income to pay it off. I delayed owning a home, wore old clothes, didn't travel, and didn't buy new cars.

Get a second job and live with minimalism.

You're not solving the problem with forgiveness, because the same problem will happen again in only s few years. In fact, you make the problem worse since colleges now have even more incentive to raise prices faster since they can now always expect the govt to keep bailing out borrowers with forgiveness. Ridiculously stupid.

Who held the gun to your head when you signed the dotted line? You can also make your life better by picking up a trade which requires no college debt and can earn 6 figures. The woe is me I'm just trying to better myself sob stories are cringe. Most Americans don't have college degrees, so why should they pay for your$?

Forgiven loans are highly inflationary and a tax on everybody through inflation

You keep using that word. I do not think it means what you think it means

Anonymous wrote:

Anonymous wrote:

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 .

Look here guys! Another MAGA posting in favor of DEFLATION. FML these people will truly be the death of us..

It’s not deflation to pick up where hyperinflation started. Still highly inflated.

Sweetie, that’s not how it works. THAT’S NOT HOW ANY OF THIS WORKS.
Side note: I don’t begrudge people forgiven loans, but I do begrudge the system that is not addressed and ultimately made worse by that forgiveness.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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 just helps people not be under crushing debt for education, which is free in most civilized countries. But it's easy to hate on the little guy right? Did the the rich who got PPP loans pay them back like adults?

Cope.

I graduated with $80k in debt. I paid it all off by sacrificing my consumption. I used all of bonuses, tax returns, and income to pay it off. I delayed owning a home, wore old clothes, didn't travel, and didn't buy new cars.

Get a second job and live with minimalism.

You're not solving the problem with forgiveness, because the same problem will happen again in only s few years. In fact, you make the problem worse since colleges now have even more incentive to raise prices faster since they can now always expect the govt to keep bailing out borrowers with forgiveness. Ridiculously stupid.

Who held the gun to your head when you signed the dotted line? You can also make your life better by picking up a trade which requires no college debt and can earn 6 figures. The woe is me I'm just trying to better myself sob stories are cringe. Most Americans don't have college degrees, so why should they pay for your$?

Forgiven loans are highly inflationary and a tax on everybody through inflation

But they aren’t. If sky high compensation for CEOs isn’t inflationary then neither is debt forgiveness for middle class people.