Student Loans shouldn't be forgiven. We should focus on cost.

[OfTheCross]

Man, this dude is so full of shyt @dora_da_destroyer stop humoring him on this subject. He just wants an audience to passive aggressively spout his BS because he doesn't like the idea of someone getting a "give a way" that isn't him. Look at the only people who are agreeing with him, they don't support anything progressive ever and would be rockefeller republicans in a different era. Stop entertaining their bad faith BS. @The Fukin Prophecy is basically John Kasich. These are the exact type of people that Democrats need to stop listening to.

This the type of response you get when when you can't address the topic.

Trying to dismiss my points off some b.s. you made up about me in your head.

 

[BillBanneker]

Well, 70% of home loans are federal loans, so why not totally forgive them too?

That's a question that can genuinely be asked if we forgive student loans.

And 2ndly, I get what you're saying about the "fallacy of going to school". But at the end of the day, we have to take responsibility for what we chose to do, what school we chose to attend, and how we chose to finance our education.

Some may say that the federal government is already doing us a solid by backing the loans that we otherwise wouldn't be able to get.

The irony of arguing this


The Federal Loans help Colleges/Universities more so than students really.

 

[GodinDaFlesh]

No one is saying fukk the people who paid it off, but if you’re home sick the day someone’s mom brings cupcakes to class, well you gotta charge it to the game that you weren’t in the right place at the right time. Same way people who made over 100k in 2019 can be sitting here making half their income yet didn’t get a stimulus check because it was based on previous years income - nothing is perfect

One could also argue how it's unfair that people got to pay their loans off when the economy wasn't ravaged by the pandemic. Many people have lost their incomes during this time, and people with jobs are having to help out family members who have lost their jobs. I've had to help out my brother who was laid off.

 

[OfTheCross]

Ultimately, from what I gather, the argument for forgiving Student Loans is that it helps people.

My argument against it is that we can help more people with that same money. I want to help as many people as possible.

 

[dora_da_destroyer]

Ultimately, from what I gather, the argument for forgiving Student Loans is that it helps people.

My argument against it is that we can help more people with that same money. I want to help as many people as possible.

That’s not an argument, if that were the case we’d stop corporate tax breaks and bailouts, we’d stop funding public schools - put that money back into people’s pockets for them to choose where to send kids, we’d stop road construction in bumfukk no where, we’d finally decrease military spending. There are multiple line items in the federal budget, how does adding one for loan forgiveness stop them from creating another for a different group? Doing one thing for one groups doesn’t preclude doing things for others.

and quite frankly, I’m tired of being the group that supports every other part of society but gets absolutely nothing back. nikkas want universal healthcare but don’t want to lighten the debt burden on the class of people who will be stuck funding it. fukk y’all

 

[The Fukin Prophecy]

Biden promised at least $10k forgiveness breh. If he doesn't deliver he's a liar, and I don't support liars.

Maybe I'm remembering wrong, but I could of swore he mentioned community service programs to help payoff school loans a few times...

That's a logical way to approach this, straight up debt forgiveness is dumb and illogical... Especially when half of these degrees folk racked up debt on are dumb and worthless...I already know half of these millennials took some dumbass liberal arts shyt like feminist theory and creative writing that was never going to amount to anything...

Doctors, lawyers, architects, are all valuable and expensive professions that should qualify for aid...You can easily setup community programs for these folks to work off their debt...

 

[GodinDaFlesh]

Maybe I'm remembering wrong, but I could of swore he mentioned community service programs to help payoff school loans a few times...

That's a logical way to approach this, straight up debt forgiveness is dumb and illogical... Especially when half of these degrees folk racked up debt on are dumb and worthless...I already know half of these millennials took some dumbass liberal arts shyt like feminist theory and creative writing that was never going to amount to anything...

Doctors, lawyers, architects, are all valuable and expensive professions that should qualify for aid...You can easily setup community programs for these folks to work off their debt...

He did propose the $10,000 per year of public service, but he also promised straight up $10,000 across the board pandemic relief loan forgiveness for federal borrowers. If you have a problem with that, then ask Biden.

 

[OfTheCross]

That’s not an argument, if that were the case we’d stop corporate tax breaks and bailouts, we’d stop funding public schools - put that money back into people’s pockets for them to choose where to send kids, we’d stop road construction in bumfukk no where, we’d finally decrease military spending. There are multiple line items in the federal budget, how does adding one for loan forgiveness stop them from creating another for a different group? Doing one thing for one groups doesn’t preclude doing things for others.

and quite frankly, I’m tired of being the group that supports every other part of society but gets absolutely nothing back. nikkas want universal healthcare but don’t want to lighten the debt burden on the class of people who will be stuck funding it. fukk y’all

It doesn't, in theory.

In reality, we can probably only get one (two if we're lucky) major reform/stimulus passed under Biden.

If we've only got 1 shot to spend $1.5T I'd rather get the best possible return for that expenditure.

And as far as lightening the debt burden, we could just make it so Student Loans are able to be discharged via bankruptcy or cap the repayment amount to 125% of the originally borrowed amount or something like that.

Those will definitely be helpful.

 

[The Fukin Prophecy]

He did propose the $10,000 per year of public service, but he also promised straight up $10,000 across the board pandemic relief loan forgiveness for federal borrowers. If you have a problem with that, then ask Biden.

I don't have an issue with the bold, how are folk supposed to payoff debt when everything is shutdown and they can't work?

It makes sense there would one time PANDEMIC relief loan forgiveness...This is a special circumstance...

 

[dora_da_destroyer]

It doesn't, in theory.

In reality, we can probably only get one (two if we're lucky) major reform/stimulus passed under Biden.

If we've only got 1 shot to spend $1.5T I'd rather get the best possible return for that expenditure.

And as far as lightening the debt burden, we could just make it so Student Loans are able to be discharged via bankruptcy or cap the repayment amount to 125% of the originally borrowed amount or something like that.

Those will definitely be helpful.

legislation re: student loans isn't happening. and at a cap of 10K per person, it's no where near 1.5T - that's the total (ie inclusive of people who owe way more than 10k) outstanding amount of loans including private borrowing.

 

[OfTheCross]

legislation re: student loans isn't happening. and at a cap of 10K per person, it's no where near 1.5T - that's the total (ie inclusive of people who owe way more than 10k) outstanding amount of loans including private borrowing.

I wasn't making an argument against the $10K executive order at all. I support that idea, although, I confess, I haven't read any details associated with it.

The OP is about forgiving all student loans via legislation.

 

[dora_da_destroyer]

I wasn't making an argument against the $10K executive order at all. I support that idea, although, I confess, I haven't read any details associated with it.

The OP is about forgiving all student loans via legislation.

outside of bernie and his socialist crew - and even he could only do fed loans - that hasn't been on the table from any other candidate or politician. throwing out the 1.5T + pivoting into total forgiveness is a strawman used to activate more people against the idea of student loan relief.

even people like zaid jilani are trying to paint the average student debt holder as some overpaid tech worker or NY lawyer, just a way to create division and stall aid that would really help the middle class as a whole. this country really needs to examine why the middle class has shrunk in the past 3 decades and stop abandoning us...seems like you can't get shyt done unless its a program for the poorest of poor or tax cuts for the 1%, yet the middle class bears the heaviest tax burden - so miss me with the antics and people crying about who this could help more

 

[DEAD7]

Biden promised at least $10k forgiveness breh. If he doesn't deliver he's a liar, and I don't support liars.

He’s a one term president, he doesn’t need support

 

[Unemployed GM]

Well, 70% of home loans are federal loans, so why not totally forgive them too?

That's a question that can genuinely be asked if we forgive student loans.

And 2ndly, I get what you're saying about the "fallacy of going to school". But at the end of the day, we have to take responsibility for what we chose to do, what school we chose to attend, and how we chose to finance our education.

Some may say that the federal government is already doing us a solid by backing the loans that we otherwise wouldn't be able to get.

This is America ain’t nobody out here taking responsibility for nothing.

Bro these nikkas dropped $1 trillion on the market just a few months ago like it was nothing.

Bro this is not 1955, fiscal responsibility does not exist.

All that money from student loans goes to overpaid professors and college administrators. While the adjuncts that do the teaching don’t even get benefits.

 

[OfTheCross]

This is America ain’t nobody out here taking responsibility for nothing.

Bro these nikkas dropped $1 trillion on the market just a few months ago like it was nothing.

Bro this is not 1955, fiscal responsibility does not exist.

All that money from student loans goes to overpaid professors and college administrators. While the adjuncts that do the teaching don’t even get benefits.

There's an article posted in here in favor or forgiving student loans that argues that the Administration costs are not why the price of school is so high.

Anywho, I'm for just nuking the whole shyt and starting the entire country from 0 on some financial jubilee shyt. In a perfect world...