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Post by olmucky on Apr 17, 2024 16:39:49 GMT -5
More election interference from the left I thought it was illegal to buy votes 🤷
Crazy times we live in
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Post by conchydong on Apr 17, 2024 16:42:58 GMT -5
If I ran a debt at my liquor store can I get relief? Half the money these kids got they partied with.
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Post by PolarsStepdad on Apr 17, 2024 17:01:53 GMT -5
I have mixed feelings about this. When you see someone who has paid for several time over what they borrowed and they still owe more than they borrowed somethings amiss. Not so sure the gov should be in the student loan business to begin with. All things considered I sure as hell don't want to be lectured on the evils of student loan forgiveness by a politician who had their million dollar PPP loans forgiven.
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Post by bswiv on Apr 17, 2024 18:21:52 GMT -5
I have mixed feelings about this. When you see someone who has paid for several time over what they borrowed and they still owe more than they borrowed somethings amiss. Not so sure the gov should be in the student loan business to begin with. All things considered I sure as hell don't want to be lectured on the evils of student loan forgiveness by a politician who had their million dollar PPP loans forgiven. The kids who went to work, started paying into Social Security & Medicare and some of whom will one day own small businesses and even large businesses......and even moreso the ones who simply had to go to work........I find no way to square screwing them with paying for what so many of those seeking relief want not to pay. Having worked 2 jobs over 6 years to get through......and then busted my a$$ to push ahead.....always paying what I signed on to......I have scant sympathy for them.
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Post by PolarsStepdad on Apr 17, 2024 18:34:29 GMT -5
I have mixed feelings about this. When you see someone who has paid for several time over what they borrowed and they still owe more than they borrowed somethings amiss. Not so sure the gov should be in the student loan business to begin with. All things considered I sure as hell don't want to be lectured on the evils of student loan forgiveness by a politician who had their million dollar PPP loans forgiven. The kids who went to work, started paying into Social Security & Medicare and some of whom will one day own small businesses and even large businesses......and even moreso the ones who simply had to go to work........I find no way to square screwing them with paying for what so many of those seeking relief want not to pay. Having worked 2 jobs over 6 years to get through......and then busted my a$$ to push ahead.....always paying what I signed on to......I have scant sympathy for them. But someone who borrowed 30k has paid 120k and still owe 28-32k? It's not just a bunch of "kids that partied" there are people who went to school got their degrees and have genuinely tried to pay them off. It's almost.....predatory? I had student loans. Not very much but when I "had to go to work" and was no longer enrolled I had to pay them back. I had relatively low interest. And I can honestly say that a couple of times I was layed off and between jobs I just didn't have the money to pay. But the lender I had was absolutely very easy to work with. Once they even offered me a 90 day grace on payments with no negative report on my credit. When all I asked was a week or two. I paid mine off. But I've seen horror stories like I mentioned above. I'm far more pussed about millionaires already getting anywhere from hundreds of thousands to millions in PPP loans and having them forgiven without paying a cent back. That to me is far more grievous than the bulk of student loan forgiveness.
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Post by conchydong on Apr 17, 2024 18:41:08 GMT -5
People that buy houses or buy cars have to pay off their debts or they lose their house or auto. If you sign a contract then you must honor it. No sympathy here.
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Post by walkerdog on Apr 17, 2024 18:51:46 GMT -5
Simple case of tax payer funded vote buying.
Is this going to be retroactive to all of the millions of responsible borrowers who paid their own student loan debts?
That’ll keep the inflation transitory!🙄
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Post by bswiv on Apr 17, 2024 19:01:12 GMT -5
The kids who went to work, started paying into Social Security & Medicare and some of whom will one day own small businesses and even large businesses......and even moreso the ones who simply had to go to work........I find no way to square screwing them with paying for what so many of those seeking relief want not to pay. Having worked 2 jobs over 6 years to get through......and then busted my a$$ to push ahead.....always paying what I signed on to......I have scant sympathy for them. But someone who borrowed 30k has paid 120k and still owe 28-32k? It's not just a bunch of "kids that partied" there are people who went to school got their degrees and have genuinely tried to pay them off. It's almost.....predatory? I had student loans. Not very much but when I "had to go to work" and was no longer enrolled I had to pay them back. I had relatively low interest. And I can honestly say that a couple of times I was layed off and between jobs I just didn't have the money to pay. But the lender I had was absolutely very easy to work with. Once they even offered me a 90 day grace on payments with no negative report on my credit. When all I asked was a week or two. I paid mine off. But I've seen horror stories like I mentioned above. I'm far more pussed about millionaires already getting anywhere from hundreds of thousands to millions in PPP loans and having them forgiven without paying a cent back. That to me is far more grievous than the bulk of student loan forgiveness. A wrong does not justify a wrong.....especially when they are wholly unrelated. PPP loans may be a problem.........but that does not justify the absolution of debt for someone else. Have one son-in-law who paid his off......and another for whom college was never a option but who after getting blow up in Iraq came back and went to work.....and works hard.....and does well, because he works hard......and I am not good with money being taken from him to pay off...........well.....I could go on. And I will admit that as with so many hard issues there are gray areas, areas where careful inspection leads to a unexpected end......but...for most.....they need to go to work and pay the debt and not expect the kids who did not get to go to college to be part of how they get out of debt. And yes.....Joe & Team D are buying votes........and yes....Team R does some crappy stuff too......but again....wrong is wrong....even if it is your Team doing it.
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Post by illinoisfisherman on Apr 17, 2024 19:18:08 GMT -5
Taxpayer funded vote buying by the Democrats.
Why can’t they just run on their record.
Oh yeah, stupid question. 👎
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Post by johngalt on Apr 17, 2024 19:26:57 GMT -5
Can I claim a couple of million dependents on my taxes next year?
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Post by tonyroma on Apr 17, 2024 20:11:32 GMT -5
Pay off the loan but make them take a reduced amount of social security til the debt forgiveness amount is reached.
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Post by GaryS on Apr 18, 2024 5:32:55 GMT -5
I would be more inclined to accept a program that forgave the interest that is left on the loans. Make the loans principal only.
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Post by richm on Apr 18, 2024 5:45:41 GMT -5
What are the interest rates on these loans? I had student loan and it was 5.6% or something like that. Paid it off early cause i could. My payments were supposed to be structured to be paid off in like 10 years.
How folks get their student loan amounts to double is beyond me. If you signed up a student loan at 13% for a gender degree, well aint that special. The kids i knew in high school who were less off, they knew the value of a dollar and what interest rates were/are.
There isn't much diff between teams D & R. Both need to be taken out behind the wood shed and switched good.
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Post by bswiv on Apr 18, 2024 6:29:18 GMT -5
Pay off the loan but make them take a reduced amount of social security til the debt forgiveness amount is reached. The concept is reasonable......except for the fact of history......Congress will use this punt now and then when the whining and complaining starts again in 20-30-40 years as the people who got the "relief" see the reduced Social Security payments.......well........they'll be quietly relieved of the obligation. Good concept.....does not work in the real world........
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Post by illinoisfisherman on Apr 18, 2024 6:43:53 GMT -5
Pay off the loan but make them take a reduced amount of social security til the debt forgiveness amount is reached. How about charge them 10% more in income taxes until the loan is paid off. Money will begin to come in more quickly and surely. Social security is 40-50 years away and they may not live long enough to collect it. There is an old saying “nothing is for free” Either they pay for it or our descendants pay for it. How about the folks that couldn’t attend college? The tradesmen that keep our country going. Should they be saddled with some doctor or lawyers debt? It just isn’t right even if it was not being done to buy votes.
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