Should Student Loans Be Forgiven?
Nov 29, 2020 14:23:46 #
Kevyn wrote:
I think people in tough financial straits should be able to utilize the bankruptcy code to clear them. It is ridiculous that large businesses professionally run can access this to absolve themselves of contractual obligation and some poor person who was encouraged to take on enormous debt at 18 years old can not.
Then you pay for their loan. Adopt a debtet.
Nov 29, 2020 14:37:52 #
ImLogicallyRight wrote:
Then you pay for their loan. Adopt a debtet.
HAHAHAHAHA! Good idea, LogicallyRight! They can start a new campaign ... if they're such believers in their cause, then they should be willing to make sacrifices to contribute, yes?? Adopt-A-Debt .... I like it!!
Nov 29, 2020 14:44:14 #
lindajoy wrote:
Exactly what I mean... They made the decision, its their responsibility to own up, especially in the case example you provide here..That’s absurd and beyond callous disregard for paying debts!
This is what they expect ..
Check out topic: The Biden Trump Debate is Insulting.
Nov 29, 2020 16:00:09 #
JFlorio wrote:
Not at all. Maybe make them interest free. I don't like the idea of the real culprits, the colleges themselves getting of the hook and I really hate the idea of me paying for someone else's worthless degree.
If any college debts will be forgiven it should be ONLY for the stem subjects, not "gay and trans
studies" or any other drivel.
Nov 29, 2020 18:37:18 #
byronglimish wrote:
What do you say?
Sure...
But work it as a tax...
All student loans payed in the first ten years are tax deductions...
If an individual is out and working in society, they demonstrate that their degree has value and they have drive...
This allows them to pay off their loans faster and they can't argue that they are unfairly burdened because even if they didn't have student loans that money wouldn't be in their pocket...
And it takes the burden off of other tax payers.. You're not paying for their choices...
Speaking of choices... This would also help to steer students towards majors that would provide immediate employment upon graduation....
It could also be retroactive... This would reward those who have already payed off their loans and help even the system...
For those who never took out student loans it might seem less than fair, but as they obviously came from a higher economic strata in society it could be argued that this is not meant to be fair....
Just an idea....
Nov 29, 2020 18:53:17 #
Canuckus Deploracus wrote:
That actually makes sense.Sure... br br But work it as a tax... br br Al... (show quote)
Nov 29, 2020 18:57:43 #
Grugore wrote:
quote=Canuckus Deploracus Sure... br br But wor... (show quote)
Which pretty much guarantees no politician will ever endorse it
Nov 29, 2020 19:09:33 #
Canuckus Deploracus wrote:
Which pretty much guarantees no politician will ever endorse it
That's just like...
Nov 29, 2020 21:15:05 #
Michael Rich
Loc: Lapine Oregon
byronglimish wrote:
What do you say?
I would like to thank everyone for their answers.
Nov 29, 2020 21:32:08 #
Canuckus Deploracus wrote:
Sure... br br But work it as a tax... br br Al... (show quote)
I have to argue with you about the comment regarding those who have never taken out a student loan. Many people do not - but work their way through. I know of many - including myself and my children.
Nov 29, 2020 21:44:16 #
American Vet wrote:
I have to argue with you about the comment regarding those who have never taken out a student loan. Many people do not - but work their way through. I know of many - including myself and my children.
As did I...
My comment stands...
Nov 30, 2020 01:59:23 #
Canuckus Deploracus wrote:
Sure... br br But work it as a tax... br br Al... (show quote)
I worked 40-50 hours/week & went to school full time. I grew up on a small farm certainly did not have money to go college. I was raised to never borrow money except for tangible needs. Equipment, barns, house.
Colleges & universities should be fined. Loans started about the time I started college. My tuition quintupled over the four years I was in school, even though they went to four day weeks, reducing teaching time 20%.
Nov 30, 2020 03:04:59 #
Quakerwidow
Loc: Chestertown, MD
Kevyn wrote:
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.
Nov 30, 2020 03:15:58 #
Nov 30, 2020 04:14:56 #
bggamers
Loc: georgia
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.
HATE TO TELL YOU but baby boomers earned every damn thing they have and most are living on s/s and they tax the hell out of it then take out for medical by then theirs little left most have to go back to work to make ends meet. Go to hell Kevyn tired of your BS
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