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Forum » WTF...is this chit for real? Biden to wipe out 50K of student loan debt
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Thread: WTF...is this chit for real? Biden to wipe out 50K of student loan debt

post 1635022423 03-30-2021, 03:49 PM
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Originally Posted By Dirtylocks⏩
I don't have a problem with the govt doing something about the interest rates/taxes on these loans but the principal amount should not be forgiven at all
I think total interest should be capped at 100% of the loan. And payments should not involuntarily exceed 10% of income, and people should be forgiven at age 65, and lenders should see students grades, classes, and age only and be allowed to not grant more loans to someone. The school kind of already does that though.
post 1635022653 03-30-2021, 03:52 PM
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Originally Posted By rectifryer⏩
biden has said repeatedly that his does not support wide spread student loan forgiveness, so it would be unexpected at this point.

Senators can make all the wishlists they want to, they're putting on a fascade for their constituents.
^^^^This
post 1635022673 03-30-2021, 03:53 PM
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Originally Posted By PowerPal⏩
slippery slope. Soon mental illness will be classified as fully disabled srs
To be fair, taking out a 50K loan to major in Lesbian dance theory would qualify as an individual who is fully disabled...
post 1635022803 03-30-2021, 03:54 PM
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Originally Posted By MIKES3⏩
Things like this will happen. Then he's going to get pushed out of office and Captain Kamala takes over.
That is actually believable. But no republican will vote for it, and it only takes one democrat to break ranks. I think it won't happen in the next 2 years.
post 1635023243 03-30-2021, 04:03 PM
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Overpayment by the VA has or had to be paid back. No one should be making money from the tuition directly.

Any grants obviously just go in your pocket.
Boycott foodservice industry crew
post 1635023573 03-30-2021, 04:08 PM
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is it too late to take out a 50k student loan? like could i do that and get reimbersed the next day?
post 1635023723 03-30-2021, 04:10 PM
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If this were in fact true, which it's not, I'd be absolutely pissed. In 2010 when I graduated undergrad, I took a job making $55,700 per year. I had $130,000 in student loans and told myself that I'd be damned if I carried this burden around with me into my 30s and 40s. I found a super cheap living arrangement (which in coastal CA is extremely difficult) and budgeted every single dollar of my income. Fortunately, I was able to earn some promotions along the way which helped grow my income and in short was able to throw around $30,000 per year at that debt. I sacrificed a ton during those years as I watched other friends (including those that didn't go to college) and classmates buy new BMWs, live in sweet apartments/condos, and spend $300+ every weekend at restaurants and bars. Fast forward seven years later, I started a part-time MBA program and paid $110,000 out of pocket over three years so that I could avoid taking on more student loans. Forgiving student loans is a slap in the face to people like me who didn't start off rich but instead worked hard and prioritized my finances so I could now enjoy financial freedom. The opportunity cost of that $240,000 invested in the market ETFs would no doubt be worth nearly $1 million today. **** the dems and their socialist agenda. **** em all.
"Audentes Fortuna Juvat"
post 1635023863 03-30-2021, 04:12 PM
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Originally Posted By jackedup13⏩
This is why I’ve been holding off on making payments. Never know when it’s going to magically disappear but student loans interest rates are ridiculous
Same. Not just loans but many other things. I have to watch the government and predict what they will find or allow or else I might be on the short end of several issues.
post 1635024113 03-30-2021, 04:16 PM
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Originally Posted By forthenoodz⏩
so let me get this straight, my tax money is going to shaniqua's gender studies?

fuking lol
Yep. Anyone with a Pell grant who majors in gender studies is feeding that cr*p and making you pay for it.

Those classes should not count towards semester financial aid requirements, and unit taken should have a per unit charge. This is politics.
post 1635024283 03-30-2021, 04:19 PM
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Originally Posted By tk217⏩
The issue isn't so much is 'charity' bad - it is more that - can we correct these illnesses through technology? If we can, why aren't you fixing your disability and if we can - are you still going to request a hand out?

I don't like targeted charity when there is no basis beyond lip service. Biden's government needs to acquire evidence of wealth in these targeted cases and basis for why they deserve this charity from everyone else. It is one thing to give your own money to a 'go fund me' it is another thing to demand my tax payments go to these cases.
Agreed. We need to spend more on medical technology and less on cash handouts. Medical technology is improving slowly.
post 1635024293 03-30-2021, 04:19 PM
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Cool, so this (in theory cause lol at "one time")is the start of government funded higher education....great, now there's no limit on how high tuition can get, cause the gobment will pay for it......so up goes the taxes again.

Same reason I don't want universal healthcare.
post 1635024423 03-30-2021, 04:20 PM
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Originally Posted By nunzie16⏩
If this were in fact true, which it's not, I'd be absolutely pissed. In 2010 when I graduated undergrad, I took a job making $55,700 per year. I had $130,000 in student loans and told myself that I'd be damned if I carried this burden around with me into my 30s and 40s. I found a super cheap living arrangement (which in coastal CA is extremely difficult) and budgeted every single dollar of my income. Fortunately, I was able to earn some promotions along the way which helped grow my income and in short was able to throw around $30,000 per year at that debt. I sacrificed a ton during those years as I watched other friends (including those that didn't go to college) and classmates buy new BMWs, live in sweet apartments/condos, and spend $300+ every weekend at restaurants and bars. Fast forward seven years later, I started a part-time MBA program and paid $110,000 out of pocket over three years so that I could avoid taking on more student loans. Forgiving student loans is a slap in the face to people like me who didn't start off rich but instead worked hard and prioritized my finances so I could now enjoy financial freedom. The opportunity cost of that $240,000 invested in the market ETFs would no doubt be worth nearly $1 million today. **** the dems and their socialist agenda. **** em all.



ded fkn srs
post 1635024473 03-30-2021, 04:21 PM
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Originally Posted By samsbolton⏩
i do hope this is true


would love to see the meltdown on here would make trump losing look like a tea party
Just admit you hate America and want the west to collapse. Because that's what stupid **** like this is going to cause.
"That boulder is too large. I could lift a smaller one."

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Starting Weight (July 2018) - 362
Current Weight (July 2019) - 268
post 1635024713 03-30-2021, 04:25 PM
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joe and the democrats need to be stopped at all cost.
There is no they…
post 1635024753 03-30-2021, 04:26 PM
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-Biden cancels student loan debt

-Colleges raise prices because cucked Americans will foot the bill

-Same soycialists ******* get useless degrees and rack up more debt

-Rinse and repeat with another scummy politician.
post 1635024853 03-30-2021, 04:26 PM
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Originally Posted By Beast92⏩
Biden is also going to provide amnesty to illegals while i have to sit 10 years in Mexico to immigrate legally

U surprised?
Fuk off, we're full.
Your schtick sucks and it screams insecurity.
post 1635025123 03-30-2021, 04:29 PM
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Roll bread!!!!!!!!!!!!!

Misc rtards gonna tard.
Yeah Buddyyy! Light weight! Light weight baby!!!!
post 1635025263 03-30-2021, 04:32 PM
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#78
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Someone aware me on when this will pass
-Some people say good things come to those who wait, truth is, good things come to those who work..... who work later.....who work harder...... who are willing to go further than anyone else to get them. If you're waiting for good things to come to you, you'll be waiting for a pretty long time.

-I'd rather live life saying "I failed" than "I could have"
post 1635028603 03-30-2021, 05:15 PM
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Originally Posted By InstantLoser⏩
Just admit you hate America and want the west to collapse. Because that's what stupid **** like this is going to cause.
i dont hate america. I enjoy it when I'm there and I like talking to Americans here.

But its over. Last century was the American century, this one is the Chinese century. And in a hundred years it will be someone else
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1635028663 03-30-2021, 05:16 PM
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#80
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Originally Posted By samsbolton⏩
i dont hate america. I enjoy it when I'm there and I like talking to Americans here.

But its over. Last century was the American century, this one is the Chinese century. And in a hundred years it will be someone else
It wouldn't have to be over if people like you didn't create, and cheer for categorically failed policies.
"That boulder is too large. I could lift a smaller one."

-Hercules

Starting Weight (July 2018) - 362
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post 1635028803 03-30-2021, 05:18 PM
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Originally Posted By nunzie16⏩
If this were in fact true, which it's not, I'd be absolutely pissed. In 2010 when I graduated undergrad, I took a job making $55,700 per year. I had $130,000 in student loans and told myself that I'd be damned if I carried this burden around with me into my 30s and 40s. I found a super cheap living arrangement (which in coastal CA is extremely difficult) and budgeted every single dollar of my income. Fortunately, I was able to earn some promotions along the way which helped grow my income and in short was able to throw around $30,000 per year at that debt. I sacrificed a ton during those years as I watched other friends (including those that didn't go to college) and classmates buy new BMWs, live in sweet apartments/condos, and spend $300+ every weekend at restaurants and bars. Fast forward seven years later, I started a part-time MBA program and paid $110,000 out of pocket over three years so that I could avoid taking on more student loans. Forgiving student loans is a slap in the face to people like me who didn't start off rich but instead worked hard and prioritized my finances so I could now enjoy financial freedom. The opportunity cost of that $240,000 invested in the market ETFs would no doubt be worth nearly $1 million today. **** the dems and their socialist agenda. **** em all.
well boogaloo

foresight not even once
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1635028853 03-30-2021, 05:18 PM
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Originally Posted By nunzie16⏩
Forgiving student loans is a slap in the face to people like me
I guess that's an appropriate mentality for a miscer

post 1635028863 03-30-2021, 05:19 PM
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Originally Posted By InstantLoser⏩
It wouldn't have to be over if people like you didn't create, and cheer for categorically failed policies.
what policy did i create and cheer for?
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1635028973 03-30-2021, 05:20 PM
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Originally Posted By Beast92⏩
Biden is also going to provide amnesty to illegals while i have to sit 10 years in Mexico to immigrate legally

U surprised?
I loe e.
post 1635029443 03-30-2021, 05:25 PM
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They better not put a fookin income limit of this SOB! I didn't get any of the stimmies... I need to benefit from all this "free money" being thrown around too!
post 1635029613 03-30-2021, 05:28 PM
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Originally Posted By JayDigital⏩
They better not put a fookin income limit of this SOB! I didn't get any of the stimmies... I need to benefit from all this "free money" being thrown around too!
Why do you want free money from the government? You a socialist, *******?
post 1635029953 03-30-2021, 05:33 PM
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It's not gonna be $50k lol, like 2 democrats are advocating that one of which is Warren who no one takes seriously, she just trolls for her radical voter base back home and accomplishes nothing

It may be like $10k, that's the most biden said he would support
post 1635030143 03-30-2021, 05:35 PM
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#88
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Originally Posted By ErnieMccracken⏩
Why do you want free money from the government? You a socialist, *******?
Just the opposite, hope it doesn't happen. However, if fukktards and going to be doing these fukktarded things anyway, I want to be a beneficiary as well.
post 1635030453 03-30-2021, 05:40 PM
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The current loan forgiveness program is only for teachers and public servants with a list of caveats. LOL @ miscers assuming it's all across the board.

They'll dangle this carrot all the way until the next election and probably still wouldn't go through with it.
Your schtick sucks and it screams insecurity.
post 1635031463 03-30-2021, 05:51 PM
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Originally Posted By JayDigital⏩
Just the opposite, hope it doesn't happen. However, if fukktards and going to be doing these fukktarded things anyway, I want to be a beneficiary as well.
Weak, dude. Only commies take handouts.
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