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Student debt relief
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Aug 25, 2022 15:20:45   #
JR-57 Loc: South Carolina
 
bluefish wrote:
I think student loan forgiveness is a good thing. We all benefit from a well educated society.

How does taking earned money from one person and giving it to another, who did nothing to earn it, benefit society? It’s called redistribution of wealth. In addition, does the federal deficit also benefit society?

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Aug 25, 2022 15:24:15   #
EmilyD
 
nwtk2007 wrote:
I tend to agree and can see no reason for pursuing free college for the qualified after seeing what the loan programs did to tuitions. As loan money was more available, the colleges upped their tuitions and have been ripping off the gov.

Sure, those who have paid theirs are going to get mad but hey, the tuition for today's students is fraudulently high. I heard that Gaets and MJ Green both had hundreds of thousands forgiven, yet here they are getting all self righteous about it. They say it has no value to the country but I think the injection of hundreds of millions into the economy each month has a benefit, does it not??
I tend to agree and can see no reason for pursuing... (show quote)

Wouldn't forgiving loans for people who can't afford it be more practical? Student loan debt to income ratios should be considered, imo. Yes, wealthy will call discrimination, but so could those who have already paid off their loans. (Seems to me Gates and Green would have no problem paying back student loans!!)

Frankly, I'm surprised Biden didn't forgive debts for Democrats only. Why not? They don't have to obey laws!

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Aug 25, 2022 15:24:39   #
JR-57 Loc: South Carolina
 
nwtk2007 wrote:
I tend to agree and can see no reason for pursuing free college for the qualified after seeing what the loan programs did to tuitions. As loan money was more available, the colleges upped their tuitions and have been ripping off the gov.

Sure, those who have paid theirs are going to get mad but hey, the tuition for today's students is fraudulently high. I heard that Gaets and MJ Green both had hundreds of thousands forgiven, yet here they are getting all self righteous about it. They say it has no value to the country but I think the injection of hundreds of millions into the economy each month has a benefit, does it not??
I tend to agree and can see no reason for pursuing... (show quote)

I heard you have false information and don’t know what you’re talking about.

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Aug 25, 2022 15:36:44   #
Bevvy
 
retired teacher wrote:
Now with Biden’s huge debt relief for students at $300,000,000,000 the majority of people who didn’t go to colleges will now have to pay for college debt regardless!! Everyone will pay and then the IRS, will be coming after everyone packing guns!!! Have only 1 daughter who didn’t have the luxury to attend a college will be saddled with higher taxes to pay for a college education she didn’t get. Plus probably being audited by the IRS!! It’s insanity!!!!


It is a ruse in that it is unconstitutional and biden knows it . He is doing this so he can say he tried , and the conservatives on the SCOTUS failed and should be relieved or the court packed with libs . Many of the low info voters will praise him

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Aug 25, 2022 15:45:05   #
Justice101
 
nwtk2007 wrote:
I tend to agree and can see no reason for pursuing free college for the qualified after seeing what the loan programs did to tuitions. As loan money was more available, the colleges upped their tuitions and have been ripping off the gov.

Sure, those who have paid theirs are going to get mad but hey, the tuition for today's students is fraudulently high. I heard that Gaets and MJ Green both had hundreds of thousands forgiven, yet here they are getting all self righteous about it. They say it has no value to the country but I think the injection of hundreds of millions into the economy each month has a benefit, does it not??
I tend to agree and can see no reason for pursuing... (show quote)


The big fat hungry gubmint is going to miss those peoples' interest payments from the Bidumb loan forgiveness buy-a-vote scheme. Maybe they think that people will ignore the other bad things that the power-hungry control freaks (Dems) have unleashed with their self-enrichment green energy/climate change bills aka:" Infrastructure" and "Inflation Reduction".

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Aug 25, 2022 17:55:21   #
Liberty Tree
 
bluefish wrote:
I think student loan forgiveness is a good thing. We all benefit from a well educated society.


We benefit more when people assume personal responsibility.

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Aug 25, 2022 17:57:46   #
Liberty Tree
 
nwtk2007 wrote:
I'm gonna have to disagree. If we go bipartisan on this, we gain.


Gain what?

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Aug 25, 2022 18:26:46   #
Wonttakeitanymore
 
Liberty Tree wrote:
My son will feel like a fool for paying his off.


Why didn’t they just kill the interest so if they chose to, which I doubt they could pay them? Just sayin!

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Aug 25, 2022 18:27:39   #
Wonttakeitanymore
 
AuntiE wrote:
The following posted as tongue-in-cheek.

Look at this way. Your daughter, and all of us, can now be provided with wisdom, on how to live our lives from, debt ridden elitist.
The following posted as i tongue-in-cheek /i . b... (show quote)

Charge em triple when they cl for our much needed services!

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Aug 25, 2022 18:28:45   #
Wonttakeitanymore
 
AuntiE wrote:
I firmly believe you can find better use of your time then responding to a known troll.


Ur right! Dang!

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Aug 25, 2022 18:29:30   #
Wonttakeitanymore
 
Justice101 wrote:
Biden’s student debt forgiveness plan may cost taxpayers an average of $2,000, some policy experts say

https://www.cnbc.com/2022/08/24/bidens-student-loan-forgiveness-may-cost-taxpayers-prompt-inflation.html


I’m going to put it under misc on my taxes!!!

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Aug 25, 2022 18:30:57   #
Wonttakeitanymore
 
AuntiE wrote:
I firmly believe you can find better use of your time then responding to a known troll.


Also a one word answer is good! That’s why all I can utter is zombie to quell my frustration!

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Aug 25, 2022 19:14:36   #
Drue-Marie
 
EmilyD wrote:
Wouldn't forgiving loans for people who can't afford it be more practical? Student loan debt to income ratios should be considered, imo. Yes, wealthy will call discrimination, but so could those who have already paid off their loans. (Seems to me Gates and Green would have no problem paying back student loans!!)

Frankly, I'm surprised Biden didn't forgive debts for Democrats only. Why not? They don't have to obey laws!


I agree with most of what you said. I paid for my education out of my own pocket, and a few loans. When I finished my graduate studies, I was only $14,000 in debt, which I was able to pay off in just two years.

Since I was last in a University, the tuition has increased > $2000 per semester.

We have a desperate need for technical jobs, which can be found in tech schools. We need pipe fitters, carpenters, concrete workers, a wide range of other skilled trades...

One problem facing us is predatory proprietary colleges that take in ex-felons, who will not be able to get jobs in their major, much less their loans. If proprietary schools used a more objective accepting, these predatory schools could not existence. And the price of textbooks is another way to keep students on the hook.



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Aug 25, 2022 19:37:50   #
JR-57 Loc: South Carolina
 
bluefish wrote:
I agree with most of what you said. I paid for my education out of my own pocket, and a few loans. When I finished my graduate studies, I was only $14,000 in debt, which I was able to pay off in just two years.

Since I was last in a University, the tuition has increased > $2000 per semester.

We have a desperate need for technical jobs, which can be found in tech schools. We need pipe fitters, carpenters, concrete workers, a wide range of other skilled trades...

One problem facing us is predatory proprietary colleges that take in ex-felons, who will not be able to get jobs in their major, much less their loans. If proprietary schools used a more objective accepting, these predatory schools could not existence. And the price of textbooks is another way to keep students on the hook.
I agree with most of what you said. I paid for my... (show quote)

Corporations and companies don’t pay taxes. Their customers pay the tax which is incorporated in the price of their goods and services. I’m sure you’ve heard that before and maybe this time you’ll give it some thought.

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Aug 25, 2022 20:37:32   #
retired teacher
 
Now it seems most of Biden’s staff have had their student debt forgiven! Guess it’s mostly for Democrats!!

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