Official Student Debt Cancellation Watch Thread

Discussion in 'Higher Learning' started by Serious, Nov 11, 2020.

  1. mastermind

    mastermind Rest In Power Kobe

    Joined:
    May 1, 2012
    Messages:
    48,008
    Daps Received:
    113,435
    Reputation:
    4,170
    Coli Cash:
    $345000.00

    Where did you get this chart?
     
  2. Houston911

    Houston911 Super Moderator Staff Member Supporter

    Joined:
    Apr 30, 2012
    Messages:
    42,319
    Daps Received:
    161,486
    Reputation:
    11,330
    Coli Cash:
    $1307393.00

    stop quoting me bruh

    this is now the THIRD time I’ve told you that I got the chart from a dude in this thread

    scroll back a few pages
     
  3. mastermind

    mastermind Rest In Power Kobe

    Joined:
    May 1, 2012
    Messages:
    48,008
    Daps Received:
    113,435
    Reputation:
    4,170
    Coli Cash:
    $345000.00

    Yeah bruh, where did you get the chart? Link the report. You have not provided a link to where you got that cutout.
     
    Last edited: Feb 25, 2021
  4. adexkola

    adexkola All Star

    Joined:
    Apr 24, 2016
    Messages:
    1,810
    Daps Received:
    5,193
    Reppin:
    Brooklyn
    Reputation:
    300
    Coli Cash:
    $100500.00

    Yep
     
    mastermind dapped this.
  5. Houston911

    Houston911 Super Moderator Staff Member Supporter

    Joined:
    Apr 30, 2012
    Messages:
    42,319
    Daps Received:
    161,486
    Reputation:
    11,330
    Coli Cash:
    $1307393.00

    This is now the 4th time. You run your mouth a lot but can’t follow simple instructions

    scroll back a few pages, look at the post where I quoted king Kreole and scroll through that Twitter thread
     
  6. mastermind

    mastermind Rest In Power Kobe

    Joined:
    May 1, 2012
    Messages:
    48,008
    Daps Received:
    113,435
    Reputation:
    4,170
    Coli Cash:
    $345000.00

    This is what I was getting at earlier. Biden’s plan is garbage because he doesn’t want to give student loan debt relief to anyone. He is saying empty stuff to please liberals who like being pandered to. Biden still thinks tuition is similar to what it cost when he went to school, which was basically the price of a box of lamb skin condoms.

    Actual student loan debt relief shouldn’t be means tested. Just give it out and create a system that ensures this doesn’t happen again. The problem with your posts in this thread is you are discussing it under Biden’s janky plan. IIRC, you made similar statements on student loan debt relief before Biden’s plan was known, months ago. So it seems that you don’t think people should get that relief. :hubie:

    I don’t know why it matters to you that people who earn above 100,000 shouldn’t get relief. It’s a stupid metric. Same as saying “mostly white people are going to get relief.” Again, so what? How does that hurt black people who will also get relief? The way it is right now ain’t helping at all. It’s like saying because black people are not the majority of recipients of social services program, we need to end them. It’s stupid. If it’s such a concern that people who earn 100k a year get debt relief, then put a small tax on them over the next ten years to get that back.

    Even in the chart you keep latching on to from the Fed Reserve report—if you can’t cite what the report you are quoting, then you don’t really understand the numbers—black people would still disproportionately benefit over other groups. Why don’t you want that? Is it because you don’t really want people to get debt relief? You don’t need to answer that with some Juelzing because your posts are saying that.

    I say this as someone who actually paid off his student loans and don’t have that debt, but am also not a high earner.
     
    FAH1223, NZA, Gus Money and 1 other person dapped this.
  7. Houston911

    Houston911 Super Moderator Staff Member Supporter

    Joined:
    Apr 30, 2012
    Messages:
    42,319
    Daps Received:
    161,486
    Reputation:
    11,330
    Coli Cash:
    $1307393.00

    My brotha

    How do black folks disproportionally benefit over other groups (for the income bracket that I’m referencing - you refuse to read) when the share of the money that we receive is smaller than our share of the population?

    im not a fan of the whole “let’s market something as being for black people but every other group benefits heavily from it.” Obviously every group will benefit from a program where you’re not explicitly singling people out by race, but if we make up 13 percent of the population and are only receiving 10 percent of the relief for that specific demographic, either remove that demographic from the program and use the money elsewhere or stop pretending that this is “racial justice”. If a program helps 100 people and 90 are white and 10 are black people, i would prefer (if possible) to spend that money in a way where a larger share of that money is going to blacks (same as any rational black person who cares about the average black person). This is a very simple concept.
     
    Red Shield and King Kreole dapped this.
  8. mastermind

    mastermind Rest In Power Kobe

    Joined:
    May 1, 2012
    Messages:
    48,008
    Daps Received:
    113,435
    Reputation:
    4,170
    Coli Cash:
    $345000.00

    Family, I don't care about that because I am looking at everyone else who will benefit.

    Again, who cares? Remove the racial justice talk, does that mean people shouldn't get debt relief? Its a stupid invisible barrier that you are creating because it doesn't seem like you want it period.
     
    GodinDaFlesh and dora_da_destroyer dapped this.
  9. dora_da_destroyer

    dora_da_destroyer puffin' fresh dro, boy

    Joined:
    May 1, 2012
    Messages:
    46,203
    Daps Received:
    173,074
    Reppin:
    Oakland...town bizness
    Reputation:
    11,430
    Coli Cash:
    $315740.00

    When was student loan relief supposed to be a “black thing”? It helps black borrowers who have proportionally more debt and for whom debt holds them back even further, but the program or idea was never a “black thing” so being against it because you got from somewhere it’s supposed to disproportionately help blacks and it isn’t is a flawed stance - whoever sold you on it being targeted to blacks was speaking out of turn, or maybe you sold your self that lie ...
     
    FAH1223, No1, Gus Money and 2 others dapped this.
  10. Black Ken

    Black Ken Superstar

    Joined:
    May 12, 2014
    Messages:
    7,257
    Daps Received:
    32,804
    Reppin:
    UNC 2016-17 National Champions!!!
    Reputation:
    790
    Coli Cash:
    $250500.00

    Aye man, I just want my student debt cleared. fukk everything else.
     
    FAH1223, NZA, Alex Cross and 9 others dapped this.
  11. mastermind

    mastermind Rest In Power Kobe

    Joined:
    May 1, 2012
    Messages:
    48,008
    Daps Received:
    113,435
    Reputation:
    4,170
    Coli Cash:
    $345000.00

    And black people are the people who hold a high amount of student loan debt. The same source that keeps getting cited, says that.
     
  12. King Kreole

    King Kreole natural blondie like goku

    Joined:
    Mar 8, 2014
    Messages:
    11,828
    Daps Received:
    35,849
    Reputation:
    4,110
    Coli Cash:
    $300500.00

    Precisely. This is explicitly why Warren has been able to foreground the racial wealth gap in her means-tested student debt relief proposal, she designed it with the racial wealth gap in mind, and so scaled the benefit towards lower-earning debt-holders which is a demographic in which black debt holders are overrepresented. Bernie wasn't able to couch his universal student debt cancellation policy in such racial justice language as the economics were inclusive at best about what impact that would have on the racial wealth gap, with some prominent economic papers saying it might inadvertently expand the wealth gap. Slapping universal policies on an already unequal system is not the maximally efficient way to produce equity. Universal student debt relief is not a racial justice policy.

    That being said, I would much, much rather see universal debt relief than no debt relief, but this argument is about scaled/means-tested relief vs universal relief. I just think the former is a better policy on the metric of producing racial wealth equity/justice.
     
    Houston911 dapped this.
  13. CountryBalla

    CountryBalla All Star Supporter

    Joined:
    Aug 7, 2019
    Messages:
    2,066
    Daps Received:
    6,056
    Reputation:
    30
    Coli Cash:
    $500.00

    He dont wanna see nikkas be debt free dont mind him :heh: noone else in this entire thread cares if cacs eat off this idea too
     
  14. Houston911

    Houston911 Super Moderator Staff Member Supporter

    Joined:
    Apr 30, 2012
    Messages:
    42,319
    Daps Received:
    161,486
    Reputation:
    11,330
    Coli Cash:
    $1307393.00

    @king kr
    You’re slow fam

    you sound stupid saying I don’t want “niccas” to eat when I want a policy where more of the money goes to “niccas”

    :dead:

    I for sure want any Loans y’all took out for anything related to reading comprehension to be forgiven immediately. They failed y’all.
     
    FAH1223 dapped this.
  15. CountryBalla

    CountryBalla All Star Supporter

    Joined:
    Aug 7, 2019
    Messages:
    2,066
    Daps Received:
    6,056
    Reputation:
    30
    Coli Cash:
    $500.00

    Yea im sure everyone in the thread giving you the :camby: is wrong and you alone are right







    :heh:
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice