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Forum » Cancel 50k Student Debt.. New Student Loans?
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Thread: Cancel 50k Student Debt.. New Student Loans?

post 1630561843 02-04-2021, 05:04 PM
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Cancel 50k Student Debt.. New Student Loans?

So it looks like they’re making a push for this cancel student debt thing.
Well what if you already paid your student loans?

Could one open new student loans before they pass the EO and then they cancel it?
Anyone thought about this?
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post 1630562273 02-04-2021, 05:09 PM
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Originally Posted By Lb54TG⏩
So it looks like they’re making a push for this cancel student debt thing.
Well what if you already paid your student loans?

Could one open new student loans before they pass the EO and then they cancel it?
Anyone thought about this?
Why don't they just do 50k stimulus checks?
post 1630562503 02-04-2021, 05:11 PM
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Sucks to have been responsible and have paid off your loans

Better subsidize the humanities graduates working at applebees
post 1630563073 02-04-2021, 05:17 PM
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There's no better place for my hard working tax dollars to go than to idiot students with idiotic degrees that think they are smarter than me.
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post 1630563233 02-04-2021, 05:19 PM
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looks like i started grad school just in time.
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post 1630563683 02-04-2021, 05:24 PM
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brb re-applying to college
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post 1630565833 02-04-2021, 05:47 PM
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i support it because im not a cuck who whines about everything
post 1630565943 02-04-2021, 05:48 PM
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Originally Posted By RegisteredUnit⏩
Why don't they just do 50k stimulus checks?
Cause dumb****s would just spend it on stupid chit and still be in debt.

But thats only one reason.
post 1630566353 02-04-2021, 05:53 PM
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the only logical conclusion is that the govt will now pay up to 50k worth of college to every single student for free from now on. say what you want about free education, the fact remains our college system is already extremely overcrowded. this will lead to complete disaster and a severe drop in the quality of our universities, endless goobers will sign up to go to school and completely clog the system. this is only the tip of the iceberg of the problems it will cause, but it is the most glaringly obvious one
post 1630566773 02-04-2021, 05:59 PM
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Everything I've read on student loan forgiveness indicates a $10k payment to anyone who's taken out federal loans
post 1630566953 02-04-2021, 06:02 PM
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I’d be down for a STEM loan forgiveness
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post 1630567583 02-04-2021, 06:08 PM
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I’d rather they just hit your credit and let you file for bankruptcy. Seems more fair to all involved. Fed backed loans were a mistake, and perpetuated inflated tuitions and a broken system. Not everyone should qualify to study anything they want to, whenever they want to.
post 1630567793 02-04-2021, 06:10 PM
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I highly doubt it's going to happen.
Maybe 10 k and that's being generous.
post 1630567843 02-04-2021, 06:11 PM
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Originally Posted By SouthDakotaBrah⏩
Sucks to have been responsible and have paid off your loans

Better subsidize the humanities graduates working at applebees
those types of majors shouldn't qualify for student loans. if rich idiots want to blow 100k on women's studies so be it as long as it's paid for without a loan.
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post 1630568163 02-04-2021, 06:15 PM
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Originally Posted By rkesh88⏩
I’d be down for a STEM loan forgiveness
This. Only STEM loan forgiveness
post 1630568403 02-04-2021, 06:17 PM
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What are most of these idiots going to blame their shortcomings on now 😅
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post 1630569633 02-04-2021, 06:30 PM
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Originally Posted By RegisteredUnit⏩
Why don't they just do 50k stimulus checks?
Can't trust you to make you to make your own decisions
Originally Posted By rkesh88⏩
I’d be down for a STEM loan forgiveness
Originally Posted By Thegainswarden⏩
This. Only STEM loan forgiveness
Congrats on your "even more saturated STEM market" goals of 2021
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post 1630569803 02-04-2021, 06:32 PM
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10k lol

ok thx
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post 1630570033 02-04-2021, 06:35 PM
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damn.... i only got 6k left to pay off.
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post 1630572183 02-04-2021, 07:07 PM
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Originally Posted By SouthDakotaBrah⏩
Everything I've read on student loan forgiveness indicates a $10k payment to anyone who's taken out federal loans
Hope this is real! Seems the most fair.

I'm biased though because I paid off $17kish student loans in 2019. Took me less than 2 years to do it after graduating.

An extra $10k would accelerate my investment portfolio.
post 1630572533 02-04-2021, 07:11 PM
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Idiots think that "cancelling" means it just goes away.....
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post 1630572853 02-04-2021, 07:15 PM
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I always LMFAO at the cucks that claim to be educated because they went to college yet were too stupid to realize they went into massive debt for a piece of paper. It makes me happy seeing them working at chain stores and restaurants.
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post 1630572933 02-04-2021, 07:15 PM
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I dont want it, srs. I say that with having 20k worth of student debt (50k start). I knew what I was getting into when I signed those loan offers and I am more than capable on paying them off myself. I dont need the tax payers money, no thanks. My college education has served me well (Mech E), anyways the interest is at like 3 percent so I dont sweat it.
post 1630578533 02-04-2021, 08:21 PM
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Let them file for bankruptsy. Jack up their credit for 7 yrs. And don't bail out the banks. Responsible people will pay the loans instead.
post 1630582313 02-04-2021, 09:18 PM
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How about a permanent federal income tax increase for any individual that agrees to take the money.
post 1630582463 02-04-2021, 09:20 PM
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post 1630582643 02-04-2021, 09:23 PM
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Originally Posted By JoshLV⏩
I always LMFAO at the cucks that claim to be educated because they went to college yet were too stupid to realize they went into massive debt for a piece of paper. It makes me happy seeing them working at chain stores and restaurants.
At 18 all I cared about was sports, women, and getting good grades. Every single person around me was so nonchalant about the process and how easy it is to pay it back monthly because you'll come out of college making big bucks. Literally every teacher was using propaganda to push us saying we'll come out on average making 60k and depending on your path you'll be 100k+ in a few years if you work hard!

I think the bigger issue is kids not realizing this by the time they got out. Luckily I had a ton of scholarships, classes taught me business and economics, and I slowly realized the **** show I was in by the end. Paid off 30k 2 years ago and never looked back.

But most kids my age all still have their student loans and spent their money on going out, new cars, and apartments.

It does feel a bit like the responsible ones here are getting anally fisted.
post 1630582803 02-04-2021, 09:28 PM
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Originally Posted By RegisteredUnit⏩
At 18 all I cared about was sports, women, and getting good grades. Every single person around me was so nonchalant about the process and how easy it is to pay it back monthly because you'll come out of college making big bucks. Literally every teacher was using propaganda to push us saying we'll come out on average making 60k and depending on your path you'll be 100k+ in a few years if you work hard!

I think the bigger issue is kids not realizing this by the time they got out. Luckily I had a ton of scholarships, classes taught me business and economics, and I slowly realized the **** show I was in by the end. Paid off 30k 2 years ago and never looked back.

But most kids my age all still have their student loans and spent their money on going out, new cars, and apartments.

It does feel a bit like the responsible ones here are getting anally fisted.
Agreed mang. Anyone voting this to go through should really be more open to the idea of giving those who paid off $10k+ student debt already a $10k deposit too. Only fair. Just less likely to pass since it means even more money the govt has to shell out.
post 1630584023 02-04-2021, 09:48 PM
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Federal loans only

No wonder you didn't get a scholarship
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