7 States Sue Biden Over Loan Forgiveness Plan

[Cellblock2429]

Do Harvard University grads struggle, making less than $125k or so a year, in their careers? I think there is a cap on what the students make, in order to get the forgiveness of $10,000? It's $50k a year or so, to go to Harvard undergraduate program. If by chance a Harvard grad is not successful after getting a degree from there, $10,000 is a pittance of what they would owe?

And most all of the money goes to normal, middle class and poorer people, who are strugglng...something like 97%.

That being said, I have problems with this handout! Yes, these people really need some help...

But, giving handouts without legislation or if be, via executive orders changing the reasons for the extraordinary high costs students are charged, even in state colleges has to be addressed....

Like, if we are going to continue to give college Pell grants or back up college loans, we should do so, ONLY with accredited colleges that keep their college yearly student costs down and yearly hikes down....... I dunno? They can't be giving grants and loans to students going to these expensive universities and colleges that just keep raising their prices because they know govt loans or grants will just pay them....?

Let someone else smarter than me figure it out, but certainly something needs to be done with this problem!

/——-/ Hers a crazy idea Libtards, pay your own way through life.

 

[Dragonlady]

6 Republican-led states sue Biden administration over student loan forgiveness plan


Only Congress can pass such a law. Uncle Jojo cannot do it by executive order

Opposing public policy that the public supports, is an abject waste of taxpayers' money.

 

[Care4all]

/——-/ Hers a crazy idea Libtards, pay your own way through life.

Do only liberals go to college cellblock?

 

[Cellblock2429]

Do only liberals go to college cellblock?

/——-/ My wife, my kids and I all went to private college and paid our way through. We paid off all college loans.

 

[Care4all]

/——-/ My wife, my kids and I all went to private college and paid our way through. We paid off all college loans.

Yes, same here in my family. But I'm older, and a state college was $1500 or so a semester, at most!!! Parent's help and working through summers, paid for it.....

My family's era, had better opportunity to attend college and be able to pay for it, because back then, State universities and colleges were funded at a higher level by State taxes vs.the citizen student....and State's contributions to their own state colleges has waned, imo.

 

[Dont Taz Me Bro]

Struggling to understand how this makes Republicans look good

That's because you people are tone deaf

Poll shows Biden’s student-loan forgiveness plan is a liability for candidates

A majority of Americans say they are less likely to vote for candidates who support President Biden’s student loan bailout, a new poll shows.

www.washingtontimes.com

 

[Dont Taz Me Bro]

Yes, same here in my family. But I'm older, and a state college was $1500 or so a semester, at most!!! Parent's help and working through summers, paid for it.....

My family's era, had better opportunity to attend college and be able to pay for it, because back then, State universities and colleges were funded at a higher level by State taxes vs.the citizen student....and State's contributions to their own state colleges has waned, imo.

And yet, strangely, despite all of their wailing about Big Oil and Big Pharma and Big Health Care we never hear the Democrats scream about Big Education.

Hmmm...... that's a mystery......

 

[Care4all]

And yet, strangely, despite all of their wailing about Big Oil and Big Pharma and Big Health Care we never hear the Democrats scream about Big Education.

Hmmm...... that's a mystery......

Well, let me be the FIRST!

Something has to change, getting us back, to where we were.... States funding their own universities and colleges so that it is at a share level that their citizens, with a little bit of work over summer, with some family help, can afford.... If that involves lower administrative costs, or lower professor salaries, or tightening up their overhead costs, then so be it.

Once state colleges and universities are affordable, it should put some restraint on what private colleges and universities charge, you would think?

And I think some kind of restraint on these govt provided college loans has to be put on the colleges that receive the money from them, that keeps costs lower instead of the opposite, as it is now, where it is causing...imo...increases in college annual fees.

 

[multivita-man]

That's because you people are tone deaf

Poll shows Biden’s student-loan forgiveness plan is a liability for candidates

A majority of Americans say they are less likely to vote for candidates who support President Biden’s student loan bailout, a new poll shows.

www.washingtontimes.com

It depends on the poll and how the issue/question is phrased. I've seen one poll saying 75% of people oppose it and another that says most support it.

I seriously doubt most people oppose the student debt relief program - I wish something like it had existed when I was paying off my loans. Economically speaking, we can debate whether this is a smart approach - there are better ways to tackle the issue of student debt, IMO, and I personally think Biden's bill went too far, but Republicans are opposing it just to be the assholes they always are.

If they want to make a valid economic criticism, I'm all for it, but that Republican party died a long time ago.

 

[Cellblock2429]

Colleges have expenses that go up also.

/———/ Harvard has so much money, they can give free tuition to everyone. But they are greedy little socialists and always want more. Spin this away.

• Harvard University endowment The Harvard University endowment (valued at $53.2 billion as of June 2021) is the largest academic endowment in the world. Its value increased by over 10 billion dollars in fiscal year 2021, ending in the largest sum in its history. Wikipedia

 

[pknopp]

/———/ Harvard has so much money, they can give free tuition to everyone. But they are greedy little socialists and always want more. Spin this away.

• Harvard University endowment The Harvard University endowment (valued at $53.2 billion as of June 2021) is the largest academic endowment in the world. Its value increased by over 10 billion dollars in fiscal year 2021, ending in the largest sum in its history. Wikipedia

Harvard isn't who passed this. Are you really going to argue that corporate farms aren't flushed with money?

 

[Dragonlady]

Do Harvard University grads struggle, making less than $125k or so a year, in their careers? I think there is a cap on what the students make, in order to get the forgiveness of $10,000? It's $50k a year or so, to go to Harvard undergraduate program. If by chance a Harvard grad is not successful after getting a degree from there, $10,000 is a pittance of what they would owe?

And most all of the money goes to normal, middle class and poorer people, who are strugglng...something like 97%.

That being said, I have problems with this handout! Yes, these people really need some help...

But, giving handouts without legislation or if be, via executive orders changing the reasons for the extraordinary high costs students are charged, even in state colleges has to be addressed....

Like, if we are going to continue to give college Pell grants or back up college loans, we should do so, ONLY with accredited colleges that keep their college yearly student costs down and yearly hikes down....... I dunno? They can't be giving grants and loans to students going to these expensive universities and colleges that just keep raising their prices because they know govt loans or grants will just pay them....?

Let someone else smarter than me figure it out, but certainly something needs to be done with this problem!

Did you complain this vociferously about the billions of dollars in cash doled out to corporate America???? This never ceases to amaze me.

Conservatives have no problems with billions of dollars of tax cuts going to billionaires or corporations, but let Democrats give money to working people, who have been completely screwed over in the Republican economy of Ronald Reagan, and the wails of grievance by Republicans knows no bounds.

 

[pknopp]

Did you complain this vociferously about the billions of dollars in cash doled out to corporate America???? This never ceases to amaze me.

Conservatives have no problems with billions of dollars of tax cuts going to billionaires or corporations, but let Democrats give money to working people, who have been completely screwed over in the Republican economy of Ronald Reagan, and the wails of grievance by Republicans knows no bounds.

Sadly many on the left don't complain when Democrats dole out the billions to billionaires and corporations either.

 

[Lesh]

/——-/ Hers a crazy idea Libtards, pay your own way through life.

How do you miss the fact that federally guaranteeing market price college loans is a HUGE boondoggle for banks?

 

[Lesh]

Sadly many on the left don't complain when Democrats dole out the billions to billionaires and corporations either.

Because Dems do what's necessary even if they don't like it.

 

[pknopp]

Because Dems do what's necessary even if they don't like it.

Always with the excuses.........

 

[Lesh]

Always with the excuses.........

Sorry but the "purity test" is an extremist thing...mostly right wing

 

[Dragonlady]

/———/ Harvard has so much money, they can give free tuition to everyone. But they are greedy little socialists and always want more. Spin this away.

• Harvard University endowment The Harvard University endowment (valued at $53.2 billion as of June 2021) is the largest academic endowment in the world. Its value increased by over 10 billion dollars in fiscal year 2021, ending in the largest sum in its history. Wikipedia

Harvard University is a capitalist success story: A private university with the most sought after diploma in the world. A bastion of elitist white privilege and conservative values, and you call the Board "greedy little socialists". They have no obligation to give their students anything.

Isn't capitalism grand????

 

[Nostra]

6 Republican-led states sue Biden administration over student loan forgiveness plan


Only Congress can pass such a law. Uncle Jojo cannot do it by executive order

They will win. It is clearly unconstitutional.

 

[pknopp]

Sorry but the "purity test" is an extremist thing...mostly right wing

That's right, I'm right wing. LOL

The only test for so many is what party is in the White House.