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| Student loan debt... I'm frustrated. (Page 2/6) |
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Jake_Dragon
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AUG 24, 03:28 PM
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Notorio
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AUG 24, 04:07 PM
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| quote | Originally posted by 82-T/A [At Work]:
Anyway… it makes me so angry… the Government CONSTANTLY… CONSTANTLY benefits those who are irresponsible… and there’s never anything for people like you or me who make our payments on time, and try to do things right.
All the people who will get $10k of forgiveness, that’s you and me paying for it. The vast majority of them will be angry that it’s not more, and it won’t change their spending habits, they won’t become more responsible, or use the extra money to pay down more principle… it’ll go to more avocado toast, and vente Frapalapachinos w/ Quinoa from Starbucks.
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I can still remember the not-that-long-ago day when the National Debt was just breaking the $4T mark, and I was actually worried about it. Once it got over $20T I came to the realization that the politicians don't intend to pay it back, ever. Methinks at some point they are planning some Great Reset in which all debts will drop to zero. Savers will be screwed, because their $$ will be worthless for a time, and Spenders who leveraged everything will have lots of stuff (College, House, Car, etc.) at a fraction of the cost.
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RWDPLZ
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AUG 24, 04:36 PM
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Well I lost $10k paying my loans off early a few years ago. Oh well. I did NOT think they would actually go through with it, just shows how desperate they are to win in November. At least my younger siblings owe $10k less.
My main concern now is how this will further exacerbate inflation. Delaying student loan payments again until 2023 will also slow the housing market correction.
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Wichita
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AUG 24, 05:21 PM
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blackrams
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AUG 24, 06:41 PM
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| quote | Originally posted by RWDPLZ:
Well I lost $10k paying my loans off early a few years ago. Oh well. I did NOT think they would actually go through with it, just shows how desperate they are to win in November. At least my younger siblings owe $10k less.
My main concern now is how this will further exacerbate inflation. Delaying student loan payments again until 2023 will also slow the housing market correction. |
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Frustrated? Not even close, I'm mad as hell that Biden is giving this free ride just to buy votes. Watched his entire speech about this vote buying scam. I want the money back I paid in on student loans. Had I any incentive to vote for this jerk (which I don't), it all went south with this action.
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Rams
Isn't it strange that after a bombing, everyone blames the bomber, his upbringing, his environment, his culture, his mental state but … after a shooting, the problem is the gun.........[This message has been edited by blackrams (edited 08-24-2022).]
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rinselberg
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AUG 25, 06:44 AM
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There's Op-Ed "negativity" in the Washington Post about Biden's student loan debt forgiveness, as it was just announced.
"Biden’s student loan ‘fix’? It’s perfect for making the problem worse" from Megan McArdle.
"Biden’s student loan announcement is a regressive, expensive mistake" from the Editorial Board of the Washington Post.
"Eye on the Media"[This message has been edited by rinselberg (edited 08-25-2022).]
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Wichita
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AUG 25, 08:14 AM
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There was a lesson given to youngsters that a college education taught you to be financial independent. I personally went through college and graduated and paid everything by just working a job. No loans, handouts, grants, go-fund-me, only fans, sugar babying it, scholarships or whatever.
It's different now, because most college education is woke activism, anti-science and parent basement living that the indoctrinated is indebted because they supplement the incomes of professors who spew bigoted grievances.
Take that back, that the Democratic Party supplements by taking from working people and giving it to the woke cultists.
 [This message has been edited by Wichita (edited 08-25-2022).]
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RWDPLZ
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AUG 25, 06:16 PM
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I went through my old Student Loan paperwork, and found I DID have a Pell Grant my Senior year of college, so I probably wasted $20k.
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Jake_Dragon
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AUG 25, 06:54 PM
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If the schools and banks are not forgiving these loans then its not loan forgiveness. [This message has been edited by Jake_Dragon (edited 08-25-2022).]
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Hudini
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AUG 25, 08:12 PM
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