7 States Sue Biden Over Loan Forgiveness Plan

[pknopp]

Student debt is a bank scam. A guaranteed loan at market rate? Are you kidding?

You can’t even get rid of it by declaring bankruptcy.

Instead of 5 and 6% it should have been capped at no more than 2%. But banks are politically powerful

And Republicans are… shills for the banks

As I often times have to point out........Democrats never did anything to change this.

 

[Blues Man]

Student debt is a bank scam. A guaranteed loan at market rate? Are you kidding?

You can’t even get rid of it by declaring bankruptcy.

Instead of 5 and 6% it should have been capped at no more than 2%. But banks are politically powerful

And Republicans are… shills for the banks

All applied for and received voluntarily.

If these people are too stupid to tread the fine print that's their problem

 

[Ray From Cleveland]

Student debt is a bank scam. A guaranteed loan at market rate? Are you kidding?

You can’t even get rid of it by declaring bankruptcy.

Instead of 5 and 6% it should have been capped at no more than 2%. But banks are politically powerful

And Republicans are… shills for the banks

Feds take over student loan program from banks

With a single lender providing all guaranteed loans, some fear that customer service could...

www.sfgate.com

 

[Blues Man]

An education that you were lucky enough to be able to afford with out going into debt for the rest of your life

No luck involved.

I don't have a college degree because I was smart enough to realize that I only needed to take classes that had a direct impact on the profitability of my business.

 

[Ray From Cleveland]

An education that you were lucky enough to be able to afford with out going into debt for the rest of your life

Most people could afford college without taking a loan if they do it correctly.

 

[Blues Man]

Stupid enough? Really? We should only pick those who have family wealth to be doctors? Is that the society you seek?

I was poorer than dirt poor when I was 18.

 

[pknopp]

Most people could afford college without taking a loan if they do it correctly.

And Bezo's can afford to build his own headquarters.

 

[pknopp]

I was poorer than dirt poor when I was 18.

You avoided my question. Are you a doctor?

 

[Blues Man]

You avoided my question. Are you a doctor?

Irrelevant.

 

[Ray From Cleveland]

And Bezo's can afford to build his own headquarters.

What does that have to do with college loans?

 

[Lesh]

Most people could afford college without taking a loan if they do it correctly.

Bullshit. You’re too stupid and or dishonest to know how false that is

 

[Care4all]

It IS just mean.

We have a double digit trillion dollar debt and THIS 40 billion a year is the hill Republicans want to die on?

fyi

it is not $400 billion, 40 billion a year over 10 years...

this bill spending is for a 30 year period not 10.... It's only about $17 billion a year...with some front loading in the first 10 years, and less spending in the last 10 years of it..

 

[pknopp]

Irrelevant.

It's directly addressing your point. Can I assume you understand your point was baseless?

 

[Lesh]

fyi

it is not $400 billion, 40 billion a year over 10 years...

this bill spending is for a 30 year period not 10.... It's only about $17 billion a year...with some front loading in the first 10 years, and less spending in the last 10 years of it..

A drop on the bucket… but sorely needed

 

[Blues Man]

Bullshit. You’re too stupid and or dishonest to know how false that is

It's true.

go to a local state or community college and take a couple classes at a time it might take longer but it can be done

 

[Ray From Cleveland]

Bullshit. You’re too stupid and or dishonest to know how false that is

Not at all. There is no law that states you must go to college right out of high school. Live with mom and pop another three or four years. Get a full time job and save every dime you can. By the time you turn 21 or 22, you are more mature, much more experience in the outside world, have a better insight on what you want to do for the rest of your life, and pay for college with cash.

 

[pknopp]

What does that have to do with college loans?

Nothing, it's once again about your hypocrisy.

 

[Blues Man]

It's directly addressing your point. Can I assume you understand your point was baseless?

No it isn't.

The point is you don't need to go into debt to get a degree. Go to college part time and take a little longer and do it without debt

 

[Lesh]

It's true.

go to a local state or community college and take a couple classes at a time it might take longer but it can be done

Which will lead to most people not finishing college and STILL ending up with big college debt that can’t get rid of

 

[pknopp]

It's true.

go to a local state or community college and take a couple classes at a time it might take longer but it can be done

It takes a doctor nearly 10 years now.