racer254 Posted August 23, 2022 Share Posted August 23, 2022 What a crock of shit. Convincing the people of America how to be less responsible. At the same time, the universities all got their piece of the pie. And you don't here anyone talking about lowering tuition. https://www.cnbc.com/2022/08/22/biden-admin-is-talking-daily-about-student-loan-forgiveness.html 1 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted August 23, 2022 Share Posted August 23, 2022 NO Quote Link to comment Share on other sites More sharing options...
spin_dry Posted August 23, 2022 Share Posted August 23, 2022 Better to allow them to file bankruptcy and suffer the consequences of that. 5 Quote Link to comment Share on other sites More sharing options...
Edmo Posted August 23, 2022 Share Posted August 23, 2022 2 minutes ago, spin_dry said: Better to allow them to file bankruptcy and suffer the consequences of that. Student loans don’t go away when you file bankruptcy. 1 Quote Link to comment Share on other sites More sharing options...
Edmo Posted August 23, 2022 Share Posted August 23, 2022 This is such a scam. Let’s punish those who worked thru college or sacrificed and saved up. Another dem plan that incentivizes doing the wrong thing. 2 1 Quote Link to comment Share on other sites More sharing options...
Bontz Posted August 23, 2022 Share Posted August 23, 2022 9 minutes ago, Edmo said: This is such a scam. Let’s punish those who worked thru college or sacrificed and saved up. Another dem plan that incentivizes doing the wrong thing. It's all about votes ... it's a hot topic because it generates votes for a party that needs a lot of help come November. 3 3 Quote Link to comment Share on other sites More sharing options...
Anler Posted August 23, 2022 Share Posted August 23, 2022 I'm going to stop paying my kids tuition Quote Link to comment Share on other sites More sharing options...
Mainecat Posted August 23, 2022 Share Posted August 23, 2022 Colleges became big businesses in the late 70s. Quote Link to comment Share on other sites More sharing options...
Edmo Posted August 23, 2022 Share Posted August 23, 2022 2 minutes ago, Mainecat said: Colleges became big businesses in the late 70s. Yeah all those conservatives in academia really have fucked things up over the years eh? 1 Quote Link to comment Share on other sites More sharing options...
Doug Posted August 23, 2022 Share Posted August 23, 2022 37 minutes ago, racer254 said: What a crock of shit. Convincing the people of America how to be less responsible. At the same time, the universities all got their piece of the pie. And you don't here anyone talking about lowering tuition. https://www.cnbc.com/2022/08/22/biden-admin-is-talking-daily-about-student-loan-forgiveness.html Another government program to make people less responsible for they're actions. 1 Quote Link to comment Share on other sites More sharing options...
Edmo Posted August 23, 2022 Share Posted August 23, 2022 1 minute ago, Doug said: Another government program to make people less responsible for they're actions. Are you trying to tell me taking out 200k in loans for my lesbian studies degree was a mistake? 🤔 6 Quote Link to comment Share on other sites More sharing options...
Plissken Posted August 23, 2022 Share Posted August 23, 2022 2 minutes ago, Doug said: Another government program to make people less responsible for they're actions. *their* Quote Link to comment Share on other sites More sharing options...
Mainecat Posted August 23, 2022 Share Posted August 23, 2022 9 minutes ago, Edmo said: Yeah all those conservatives in academia really have fucked things up over the years eh? They really have. Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted August 23, 2022 Gold Member Share Posted August 23, 2022 This is probably one of the single easiest ways to piss off a shit load of people to please a few morons that made horrible decisions. Where the fuck is my free handout? I want some debt forgiveness if these fucks get this take some money off my mortgage why should I lose for not going to college and being responsible with my money. 2 Quote Link to comment Share on other sites More sharing options...
Not greg b Posted August 23, 2022 Share Posted August 23, 2022 7 minutes ago, Edmo said: Are you trying to tell me taking out 200k in loans for my lesbian studies degree was a mistake? 🤔 Yeah you messed up. Could have easily got another 250k. You Amateur Quote Link to comment Share on other sites More sharing options...
spin_dry Posted August 23, 2022 Share Posted August 23, 2022 34 minutes ago, Edmo said: Student loans don’t go away when you file bankruptcy. In most cases no. Although under certain conditions of hardship they can be discharged through a bankruptcy. Why can SBA loans be discharged through bankruptcy but not student loans? Double standard? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 23, 2022 Platinum Contributing Member Share Posted August 23, 2022 49 minutes ago, Mainecat said: Colleges became big businesses in the late 70s. Got way worse when the govt got into the student loan business. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted August 23, 2022 Share Posted August 23, 2022 31 minutes ago, 800renegaderider said: This is probably one of the single easiest ways to piss off a shit load of people to please a few morons that made horrible decisions. Where the fuck is my free handout? I want some debt forgiveness if these fucks get this take some money off my mortgage why should I lose for not going to college and being responsible with my money. Isn't it something? It all started in '08 when the banks were bailed out and then 900 billion in forgiven PPP loans were handed out like candy when in reality most businesses didn't need it and now apparently it's the college students turn. It's difficult to work hard and be responsible when you look around and see what's been happening the last 15 years. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 23, 2022 Platinum Contributing Member Share Posted August 23, 2022 She helped pass the govt student loan legislation in 2010 as the Chair of the banking committee. 1 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted August 23, 2022 Share Posted August 23, 2022 1 hour ago, Anler said: I'm going to stop paying my kids tuition i made mine take out there loans last 2 years even though I could cash flow them. no reason to not take free money. Biden FTMFW step up and forgive 25k per student. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted August 23, 2022 Share Posted August 23, 2022 7 minutes ago, Angry ginger said: i made mine take out there loans last 2 years even though I could cash flow them. no reason to not take free money. Biden FTMFW step up and forgive 25k per student. If you believe these 2 words exist, you're an idiot. The taxpayer/consumer will pay for it in either increased taxes/inflation. 1 Quote Link to comment Share on other sites More sharing options...
Edmo Posted August 23, 2022 Share Posted August 23, 2022 1 hour ago, spin_dry said: In most cases no. Although under certain conditions of hardship they can be discharged through a bankruptcy. Why can SBA loans be discharged through bankruptcy but not student loans? Double standard? Probably something the banks and govt agreed to. I don’t blame them. Throwing millions to broke people with no guarantee or collateral would not be a good buisness decision. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 23, 2022 Share Posted August 23, 2022 (edited) 36 minutes ago, Highmark said: She helped pass the govt student loan legislation in 2010 as the Chair of the banking committee. McLier level stupid Edited August 23, 2022 by Sleepr2 Quote Link to comment Share on other sites More sharing options...
Rod Posted August 23, 2022 Share Posted August 23, 2022 Most people here go to college just for the sake of going with no goal In mind Quote Link to comment Share on other sites More sharing options...
Gold Member 800renegaderider Posted August 23, 2022 Gold Member Share Posted August 23, 2022 3 minutes ago, ACE said: Most people here go to college just for the sake of going with no goal In mind Clearly it’s no different here since we have to forgive all their loans 😂 Quote Link to comment Share on other sites More sharing options...
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