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-   -   student loan forgivemess (http://www.striped-bass.com/Stripertalk/showthread.php?t=98308)

Jim in CT 08-24-2022 03:15 PM

student loan forgivemess
 
Harvard’s endowment is over $40,000,000.000.00

Instead of asking Harvard to pony up to make college more affordable, we’re going to tax middle class truck drivers and plumbers to foot the bill for student loans that fund the harvard empire.

It gives colleges less incentive to cut costs, not more, when you transfer student loans to the public.

So stupid.

Why do peoplle who have loans today, deserve a gift more than people who just got done paying off their loans?’

It’s exactly backwards.

The Dad Fisherman 08-24-2022 04:02 PM

It’s completely idiotic :rolleyes:
Posted from my iPhone/Mobile device

wdmso 08-24-2022 04:46 PM

we’re going to tax middle class truck drivers and plumbers to foot the bill

Why are you against those people kids who are getting 10k wiped cleaned

So now they only owe 80k in student loans


Posted from my iPhone/Mobile device

Jim in CT 08-24-2022 04:47 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1231716)
It’s completely idiotic :rolleyes:
Posted from my iPhone/Mobile device

republicans do plenty of idiotic things.

this is a vote buy that has absolutely zero logic. It incentivized colleges to double the price. Why not, the feds will pick up the tab.

it’s wrong for so many different reasons.
Posted from my iPhone/Mobile device

wdmso 08-24-2022 04:50 PM

Quote:

Originally Posted by Jim in CT (Post 1231721)
republicans do plenty of idiotic things.

this is a vote buy that has absolutely zero logic. It incentivized colleges to double the price. Why not, the feds will pick up the tab.

it’s wrong for so many different reasons.
Posted from my iPhone/Mobile device


this is a vote buy

I thought you respected POTUS who keep their campaign promises

so Only liberals go to college and have loans. And are the only Americans getting this relief .

Yep that’s what the Maga universe thinks
Posted from my iPhone/Mobile device

Jim in CT 08-24-2022 05:04 PM

Quote:

Originally Posted by wdmso (Post 1231720)
we’re going to tax middle class truck drivers and plumbers to foot the bill

Why are you against those people kids who are getting 10k wiped cleaned

So now they only owe 80k in student loans


Posted from my iPhone/Mobile device

You can't get one right by accident, can you?

Tell me why, if someone voluntarily chose to take out this kind of loan at this time...why are they more deserving of this gift, than others who chose not to go to college, or others who went to college and paid their loans back already. Tell us WHY these people, who owe money today, deserve this money more than anyone else who is struggling for any reason.

Do you not understand, that this gives colleges more reason to raise prices? Just take out bigger loans that will be wiped clean.

You are physically incapable of disagreeing with anything the left does.

Please, tell me what you’d say to somebody who made big sacrifices and just done paying off their student loans?

The Dad Fisherman 08-24-2022 07:49 PM

He’s waiting for the MSNBC story so he can reply to you with the proper talking points.
Posted from my iPhone/Mobile device

Jim in CT 08-24-2022 08:04 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1231732)
He’s waiting for the MSNBC story so he can reply to you with the proper talking points.
Posted from my iPhone/Mobile device

i have a neighbor who’s kid didn’t want to go to college. he took out a small business loan and bought a trailer and some landscaping equipment, owns his own little business

Give me one conceivable reason why a student loan gets forgiven, but not his business loan?

answer - student loans enrich colleges which are huge allies of the democrat party.

this is also a huge transfer of wealth from the poor to the upper class.


Posted from my iPhone/Mobile device

The Dad Fisherman 08-24-2022 08:21 PM

Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will :rolleyes:

Shocking

Posted from my iPhone/Mobile device

Jim in CT 08-24-2022 08:23 PM

Quote:

Originally Posted by The Dad Fisherman (Post 1231734)
Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will :rolleyes:
Posted from my iPhone/Mobile device

you posted a photo once of what it’s like debating with these guys…a cinder block?

it’s stupid for many many reasons.


Posted from my iPhone/Mobile device

Pete F. 08-24-2022 11:17 PM

Trump saves millions in property taxes by owning a dozen goats & pretending Bedminster is a farm, but GOP wants you to believe relieving student debt is a handout.
Posted from my iPhone/Mobile device

Pete F. 08-24-2022 11:22 PM

Forgiven PPP loans

Marjorie Taylor Greene: $183,504

Boebert: $233,305

Catholic Church: $3.5 billion

Joel Osteen: $4.4 million

Tom Brady: $960,855

GOP should slink away in shame for attacking Biden for forgiving $10,000 of student debt

But they won’t cuz they have no shame
Posted from my iPhone/Mobile device

Pete F. 08-25-2022 05:52 AM

MAGA Boomer: At your age I paid off college & bought a house w/hard work

Millennials: At your age college was 3% of median salary—Now its 20%. A median home was $17K—Now its $363K. The top marginal tax rate was 70%—now its 37%. You worked hard—& then closed the door behind you.
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 05:54 AM

Quote:

Originally Posted by Pete F. (Post 1231736)
Trump saves millions in property taxes by owning a dozen goats & pretending Bedminster is a farm, but GOP wants you to believe relieving student debt is a handout.
Posted from my iPhone/Mobile device

so it’s not a handout, because trump takes advantage of existing loopholes.

we’re all shocked you pivoted to Trump bashing here pete. Stunned.

There are plenty of democrats who hate this. Sorry,,this one has nothing to do with trump.

Oh, and isn’t that what about-ism? as always, everything is ok when the left does it!
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 05:55 AM

Quote:

Originally Posted by Pete F. (Post 1231742)
MAGA Boomer: At your age I paid off college & bought a house w/hard work

Millennials: At your age college was 3% of median salary—Now its 20%. A median home was $17K—Now its $363K. The top marginal tax rate was 70%—now its 37%. You worked hard—& then closed the door behind you.
Posted from my iPhone/Mobile device

loan forgivemess encourages colleges to keep hiking cost. there’s less reason for them to keep costs down now. you don’t see that?

and again, why do student loans get forgiven, but not small business loans taken out by young people who chose not to go to college? i’d live an explanation for that.
Posted from my iPhone/Mobile device

nightfighter 08-25-2022 07:08 AM

Quote:

Originally Posted by Jim in CT (Post 1231744)
loan forgivemess encourages colleges to keep hiking cost. there’s less reason for them to keep costs down now. you don’t see that?

and again, why do student loans get forgiven, but not small business loans taken out by young people who chose not to go to college? i’d live an explanation for that.
Posted from my iPhone/Mobile device

I have always been a right leaning independent who appreciates most of the republican platforms over my adult life. I am not a democrat. BUT...at 65 years of age (next month) I can clearly see the R party has not done #^&#^&#^&#^& for me. it is all about the small rich in power groups that have survived the fiscal musical chair charade that has existed since I first got in the working world. Politicians don't give a #^&#^&#^&#^& about me. Their rules and laws have porked me all along. In divorce court, when I had to give up half my 4o1k and retirement funds. And then had to pay early withdrawal penalty AND taxes when ex did not roll it over. I did not put in for unemployment. Nor did I get a call to apply for PPP, since I couldn't conceive that I would do so on my own... Just did not occur to me. And now all that boondoggle money is forgiven! Just go through the list in your own town and see who got it, sometimes twice, and were forgiven... It is disgusting how there was zero accountability. Note that I did not assign that disaster to a political party... I have paid my taxes. I pay cash for home improvements. We do not have credit card debt or any car loans. We have a mortgage which will likely not be paid off in my lifetime after getting #^&#^&#^&#^&ed by Bank America when they sold off a portion of our loan but held onto the rest of it... Took us 8 years to get out of there. Thieves. Care to assign a political party to that? I can. So I am not in the one percenter group. Nor the ten percent group... And I am resigned and ok with that at this stage of life. I recognize who the scumbags are. This student loan deal is the very first that will directly affect me in a positive way, as I still have about 20k left on my kids' loans and they are almost 30 years old. My ex still has over 100k in her name... Don't care. But the system allowed everyone to take these loans by simply typing on a laptop... And which party appears to have the support of the people who ran those lenders???? The can gets kicked down the road again. And will continue until the government takes away the ability of colleges to rape the population with these outrageous tuitions to support and pay "instructors" who are teaching our youth a bunch of nothing... I am going to take the 10k reduction and recognize it as the first and only piece that has been of direct benefit to me... I have been paying for all the other CRAP for decades so i have zero remorse on this one.

Nebe 08-25-2022 07:51 AM

Where is everyone’s outrage when the rich get tax cuts worth billions?

Realistically I see this move doing nothing for the economy.
Posted from my iPhone/Mobile device

wdmso 08-25-2022 08:34 AM

Student A owes 80k 2 days ago
Biden offers relief to a small subset of student loans. Now Student A owes 70k. Wow

Then they say it will raise inflation which is nonsense

Case in point my Daughter will get the 10 k debt relief. Her 1 loan is from nelnet all she owes is 7k . So her 113 a month is not a windfall or going to send her on a spending spree. It covers inflation maybe

And I guess there won’t be 1 child of a republican or conservatives who will get any debt relief

But of course the usual suspects will fame it as elitist (. Jim using Harvard as his example) getting money on the backs of the working class

When it’s the working class who can’t afford to go to college with out loans ..

More manufactured outrage from the conservatives sheep networks

Last week outrage over blacks skipping white teachers. now 20k relief for lower income blacks. Over whites.. not a good week for some
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 08:57 AM

Quote:

Originally Posted by wdmso (Post 1231750)
Student A owes 80k 2 days ago
Biden offers relief to a small subset of student loans. Now Student A owes 70k. Wow

Then they say it will raise inflation which is nonsense

Case in point my Daughter will get the 10 k debt relief. Her 1 loan is from nelnet all she owes is 7k . So her 113 a month is not a windfall or going to send her on a spending spree. It covers inflation maybe

And I guess there won’t be 1 child of a republican or conservatives who will get any debt relief

But of course the usual suspects will fame it as elitist (. Jim using Harvard as his example) getting money on the backs of the working class

When it’s the working class who can’t afford to go to college with out loans ..

More manufactured outrage from the conservatives sheep networks

Last week outrage over blacks skipping white teachers. now 20k relief for lower income blacks. Over whites.. not a good week for some
Posted from my iPhone/Mobile device

300 billion is nothing, right. about $1,000 for every human being in the country.

you dodged my question. twice. so here it is a third time

Your daughters 7k loan is wiped out. why does she deserve that,, more than someone else who took out a 7k loan for something other than college? why is she more important?

please answer that question.
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 09:00 AM

Quote:

Originally Posted by Nebe (Post 1231747)
Where is everyone’s outrage when the rich get tax cuts worth billions?

Realistically I see this move doing nothing for the economy.
Posted from my iPhone/Mobile device

you don’t get it. a tax cut is allowing people to keep more of what is theirs. It’s THEIRS. we can debate whether the wealthy pay enough, but that’s what a tax cut is.

This idiotic move, is nothing like that. This is taking money from poorer people and giving it to wealthier people.

Why am i responsible ( after paying off my wife’s masters degree last year with no help from the taxpayers) for someone else’s debt? They borrowed the money, it’s their obligation, not mine.
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 09:09 AM

Quote:

Originally Posted by Nebe (Post 1231747)
Where is everyone’s outrage when the rich get tax cuts worth billions?

Realistically I see this move doing nothing for the economy.
Posted from my iPhone/Mobile device

student loan debt forgivemess applies tom individuals earning less than 125k or families earning less than 250.

a family making 250k needs to transfer the burden of their loans to poor working people? you’re ok with that?
Posted from my iPhone/Mobile device

nightfighter 08-25-2022 09:26 AM

For Christ's sake, Jim, since when did you start writing checks for my student loan??? Mail has come. Don't see your payment. Talking rubbish and taking zero accountability despite saying you do not respect Trump as a person.

Jim in CT 08-25-2022 09:36 AM

Paul S, on the school choice discussion you said you were adamantly opposed to using your tax dollars to subsidize private schools. Can we assume then, that you are therefore equally opposed to student loan forgiveness, which will send tens of billions of dollars to enrich private schools?

nightfighter 08-25-2022 09:44 AM

You are irresponsible in your posts. Quote me properly. "This" is not "his" so it will not be put in a political context. This is a write off... YOU are not writing a check directly for this write off. It is a governmental accounting practice. You will not be writing a check with a memo that says "deadbeat student loan debit" anymore than you will be writing the check for the HIMARS being sent to Ukraine. Face the fact that politics and politicians are crooked. Yours. Mine. Everyone of them. So until you get my student loan forgiveness bill, STFU.

Jim in CT 08-25-2022 09:44 AM

Quote:

Originally Posted by The Dad Fisherman (Post 1231734)
Stand by…..he’s preparing his classic “you’re a sheep” and “spoken like a true MAGA cult member” defense.

If that doesn’t prove you wrong, I don’t know what else will :rolleyes:

Shocking

Posted from my iPhone/Mobile device

You were 100% right, he finally responded and said it was fake outrage from the sheep. That was the best he could do.

wdmso 08-25-2022 09:44 AM

Biden’s Student-Debt Bonfire Is a Classist Message to the Uncredentialed: Screw ’Em

Like I said republicans are trying to twist this as some elites scam of hard working minimum wage Americans whom republicans think don’t deserve 15.00 an hour and are using the working class as victims .

So disconnected that these workers who are construction workers or work factories . Or at the deli counter
Aspire for their kids to be more then them .

I was in the military and corrections officer not really by my choice but because my parents couldn’t pay for college on their own just like with my children 1 who needed loans to go to school and the other who joined the Air Force to pay for his ( which the tax payer’s pay)

Thus helps the middle and lower income people and Republicans can’t stand it .. because they might vote . But not for them
Posted from my iPhone/Mobile device

wdmso 08-25-2022 09:46 AM

Quote:

Originally Posted by Jim in CT (Post 1231763)
You were 100% right, he finally responded and said it was fake outrage from the sheep. That was the best he could do.

You 2 do hate the Truth
Posted from my iPhone/Mobile device

PaulS 08-25-2022 09:49 AM

Quote:

Originally Posted by Jim in CT (Post 1231760)
Paul S, on the school choice discussion you said you were adamantly opposed to using your tax dollars to subsidize private schools. Can we assume then, that you are therefore equally opposed to student loan forgiveness, which will send tens of billions of dollars to enrich private schools?

I am actually.

I think it would have been better to just continue wiping out debt for those who went to those scam for private schools (which where protected by the Rep. party)

Jim in CT 08-25-2022 09:52 AM

Quote:

Originally Posted by wdmso (Post 1231765)
You 2 do hate the Truth
Posted from my iPhone/Mobile device

4th time, why is it important for all of us to pay back your daughters loan, yet you feel
no obligation to pay off the small business loan taken out by the 18 year old who lives next door to me.

Why is forgiving your loans more important to the american public, than forgiving his loan?

The “truth” is, that’s what just happened. So why can’t you tell us why it’s a good idea?
Posted from my iPhone/Mobile device

Jim in CT 08-25-2022 09:52 AM

Quote:

Originally Posted by PaulS (Post 1231767)
I am actually.

then in all seriousness and zero sarcasm,,you have the courage of your convictions, and i admire that.
Posted from my iPhone/Mobile device

scottw 08-25-2022 09:52 AM

Quote:

Originally Posted by Jim in CT (Post 1231755)

you don’t get it. a tax cut is allowing people to keep more of what is theirs. It’s THEIRS. we can debate whether the wealthy pay enough, but that’s what a tax cut is.


Posted from my iPhone/Mobile device

you'd think you wouldn't have to explain this to intelligent people....

the folks with student loans got the degree(product) presumably or some education, room and board...., now they decided they don't want to pay for it despite promising to pay for it....they should have to give back all or part of the degree(I don't think they can return the food and housing they consumed) if they don't want to pay for it....

student loan payments have been paused for more than two years....and will continue to be paused till December....and they can't pay their student loans in brandon's fabulous economy?

Jim in CT 08-25-2022 09:54 AM

Quote:

Originally Posted by wdmso (Post 1231764)
Biden’s Student-Debt Bonfire Is a Classist Message to the Uncredentialed: Screw ’Em

Like I said republicans are trying to twist this as some elites scam of hard working minimum wage Americans whom republicans think don’t deserve 15.00 an hour and are using the working class as victims .

So disconnected that these workers who are construction workers or work factories . Or at the deli counter
Aspire for their kids to be more then them .

I was in the military and corrections officer not really by my choice but because my parents couldn’t pay for college on their own just like with my children 1 who needed loans to go to school and the other who joined the Air Force to pay for his ( which the tax payer’s pay)

Thus helps the middle and lower income people and Republicans can’t stand it .. because they might vote . But not for them
Posted from my iPhone/Mobile device

helps lower and middle income people? the income cap for families is $250,000.
Posted from my iPhone/Mobile device

scottw 08-25-2022 10:03 AM

Quote:

Originally Posted by wdmso (Post 1231764)

Like I said republicans are trying to twist this

Posted from my iPhone/Mobile device

THE HILL Former Treasury Secretary Larry Summers on Monday cautioned the Biden administration against extending the moratorium on federal student loan repayments and knocked “unreasonably generous student loan relief” he said could worsen inflation.
Summers rejected comparisons between student debt proposals and other instances in the recent past in which the federal government intervened with economic relief measures.

“There is no analogy with bank bailouts. Student loans are grants that cost the government money,” Summers said. “The bank bailouts were loans at premium interest in which the government turned a profit.”
Summers also noted that he was “not enthused” when the federal government offered “Paycheck Protection Loans” to small businesses during the economic upheaval of the COVID-19 pandemic.

“But, at the time it was extended, the economy was in the worst free fall in a century. Now, job openings are at record rates,” he added.

“I think the best way to relieve student debt would be to allow it to be discharged in bankruptcy,” Summers said. “I’d support this reform. It would also penalize other private creditors, unlike government debt relief that would in part subsidize them.”

nightfighter 08-25-2022 10:04 AM

Quote:

Originally Posted by scottw (Post 1231770)
you'd think you wouldn't have to explain this to intelligent people....

the folks with student loans got the degree(product) presumably or some education, room and board...., now they decided they don't want to pay for it despite promising to pay for it....

Wrongly accused. Show me where I fit in to your narrative, please.

they should have to give back all or part of the degree(I don't think they can return the food and housing they consumed) if they don't want to pay for it....

student loan payments have been paused for more than two years....and will continue to be paused till December....and they cab't pay their student loans in brandon's fabulous economy?

Again, YOU have wrongly represented ME in your political narrative, and your gross generalizations are showing your lack of insight for your argument.

scottw 08-25-2022 10:04 AM

Quote:

Originally Posted by nightfighter (Post 1231773)


Again, YOU have wrongly represented ME

.

I didn't even know you were here...

scottw 08-25-2022 10:06 AM

Quote:

Originally Posted by nightfighter (Post 1231773)


Again, YOU have wrongly represented ME i


I was responding to Jim responding to Eben,,,,,,lay off the coffee

wdmso 08-25-2022 10:19 AM

Quote:

Originally Posted by Jim in CT (Post 1231754)
300 billion is nothing, right. about $1,000 for every human being in the country.

you dodged my question. twice. so here it is a third time

Your daughters 7k loan is wiped out. why does she deserve that,, more than someone else who took out a 7k loan for something other than college? why is she more important?

please answer that question.
Posted from my iPhone/Mobile device

Jim you are an angry man .

And only an angry man would frame this issues as us against them

You seem to be making a standard for deserving.. when income is the only standard being used .



This relief isn’t about deserving or not deserving but you conveniently make it about that when you disagree ..


Does my son deserve to get his college paid because he served? Do I deserve hearing aids because of being blown up in Iraq .

No. neither of deserve those benefits provided. Just because we wore a uniform . We are entitled under the laws written Just like anyone whos getting this relief 99.9 % are thankful for the help . The other .01 may think they deserve it but they would be wrong

I just don’t view the word in such a distorted view

But you have no issues with vouchers for private schools . Never hear you say anything like why do they deserve to go to a private school . Do you feel families who own million dollar ocean front homes that get destroyed by hurricanes . Get rebuilt by government money
Never hear why do they deserve government assistance?

The GOP is just a childish driven party based on culture war division
Void of anything policy driven except the lower taxes mantra for the rich. I guess they are deserving of their tax reduction and the working class should STFU about that . Because without them you’d have no job
Posted from my iPhone/Mobile device

scottw 08-25-2022 10:21 AM

Quote:

Originally Posted by nightfighter (Post 1231773)


Again, YOU have wrongly represented ME in your political narrative, and your gross generalizations are showing your lack of insight for your argument.


I love the passion with which this was written though....too funny:rotf2:

scottw 08-25-2022 10:24 AM

Quote:

Originally Posted by wdmso (Post 1231776)

Jim you are an angry man .

And only an angry man would frame....

Posted from my iPhone/Mobile device

great way to frame an angry response to Jim...:)

wdmso 08-25-2022 10:27 AM

Quote:

Originally Posted by Jim in CT (Post 1231771)
helps lower and middle income people? the income cap for families is $250,000.
Posted from my iPhone/Mobile device

I bet you think they are in the majority right! Getting 10 in relief

But keep focusing you arguments on the possible 1% marking over 250k. And ignore the majority
Posted from my iPhone/Mobile device


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