Should Student Loans Be Forgiven? (Page 2): Agreed!!!! They also have you at their mercy not knowing what costs what, no disclosure for a reason.. Then you read of their profit...

lindajoy Loc: right here with you....

Rose42 wrote:

No. Millions of us paid them back simply by...working.

Now medical debt...I would say yes. Costs are ridiculously high.

Agreed!!!! They also have you at their mercy not knowing what costs what, no disclosure for a reason.. Then you read of their profit portfolio and get sick all over again!!
Even though hospitals in the U.S. are paid an average of less than 30% of what they bill, their profits margins have averaged around 8% in recent years, tell you anything?? Then it is said some 80% of hospitals are non profit.. I guess, given what they are paid in overcharges they don’t need the private sector to profit.. Unbelievable the fraud involved...

PeterS

byronglimish wrote:

What do you say?

They have to and Biden can do it with an executive order.

Gatsby

CarryOn wrote:

Excellent point, Gatsby. Also, perhaps everyone who paid for a college degree without getting loans .. people who worked and saved for it ... or whose parents worked and saved and sacrificed for it ... and those who worked during college instead of partying through four years to pay for it .. should be reimbursed. It seems only fair to me.

Or we could just leave things as they as are, and make sure that there are jobs available for them.

You can't do that by regulating and taxing industry, driving their GDP, and those jobs, off-shore.

Hug

byronglimish wrote:

What do you say?

NO!

CarryOn

Gatsby wrote:

Or we could just leave things as they as are, and make sure that there are jobs available for them.

You can't do that by regulating and taxing industry, driving their GDP, and those jobs, off-shore.

Agree!!!

PeterS

Rose42 wrote:

No. Millions of us paid them back simply by...working.

Now medical debt...I would say yes. Costs are ridiculously high.

When I went to college in the late 70's full-time tuition was $210 a semester and I could pay for my food and housing with Pell grants and work-study. Today, a modest college is $6000 a semester plus. The reason for the difference is inflation and because federal and state governments have cut their subsidies. So why do we expect our children and grandchildren to pay for their education when the federal and state governments largely paid for ours? Hell, the part of my education that I borrowed money on I repaid in a year or two. Our children and grandchildren are staddled with a debt we were never asked to pay so why are we asking them?

Kevyn

JFlorio wrote:

Stupid idea but better than forgiveness. How about holding the real culprits accountable. Government for making these loans so easily obtained and giving colleges no incentives to lower costs? Why do you parasites constantly want to fix everything by charging the tax payer?

When a corporation bankrupts it costs taxpayers plenty, why not hold shareholders personally responsible proportional to their holdings? Even beyond their investment. I would much rather bail out a working family than Goldman Sacks.

Rose42

PeterS wrote:

When I went to college in the late 70's full-time ... (show quote)

Government didn't pay for mine and millions of others. So don't go to a college with a $6000 a semester cost. That's legalized theft just as so many medical costs are.

Part of the reason this generation is saddled with more debt is because they won't give up luxuries and think they're entitled to them. We had very little growing up and most who grew up that way are better for it.

Kevyn

PeterS wrote:

When I went to college in the late 70's full-time ... (show quote)

The boomers as a group have always been greedy takers. They enjoyed secure jobs with old age pensions as a birthright. Their educations were heavily and happily subsided by the greatest generation now that it is our duty to pay it forward they wrongly claim we can’t afford to.

American Vet

Kevyn wrote:

so it would be covered by cutting trumps tax cut to corporations and the ultra rich in half! Good of you to point out how to cover the cost!

Since you don't have any idea what you are talking about, do this:

Define 'corporation'.

Define 'ultra rich'.

Rose42

Kevyn wrote:

The boomers as a group have always been greedy takers. They enjoyed secure jobs with old age pensions as a birthright. Their educations were heavily and happily subsided by the greatest generation now that it is our duty to pay it forward they wrongly claim we can’t afford to.

lindajoy Loc: right here with you....

American Vet wrote:

Since you don't have any idea what you are talking about, do this:

Define 'corporation'.

Define 'ultra rich'.

Define those “ we who can’t afford too as well”~~

Capt-jack Loc: Home

byronglimish wrote:

What do you say?

Hell no.

Auntie Dee

JFlorio wrote:

Stupid idea but better than forgiveness. How about holding the real culprits accountable. Government for making these loans so easily obtained and giving colleges no incentives to lower costs? Why do you parasites constantly want to fix everything by charging the tax payer?

Auntie Dee

Kevyn wrote:

so it would be covered by cutting trumps tax cut to corporations and the ultra rich in half! Good of you to point out how to cover the cost!

SOAK THE RICH! THE DEMOCRAT ANSWER FOR EVERYTHING!!!

Here's a thought...what happens when the rich move away and you no longer have access to THEIR MONEY? Because they WILL!

Answer: Then they come after the middle income folks!