Breaking: Biden offers alternative student debt relief plan that would remove immediate threat

[Lisa558]

iamwhatiseem

It’s all for votes. Let’s see if these “smart” college graduates fall for it again when he comes up with a new promise in 2024.

 

[petro]

How do students know they cannot repay until after they graduate? Only to discover jobs are not available that will cover the cost of six figure school loan plus pay rent, utilities, groceries, taxes, car payment etc etc etc.

Not my problem.
Nor is it my responsibility to pay their loan through taxation.

 

[1srelluc]

So in other words, his solution is to pretend a person isn't in default.
And again points to his willingness to pretend he is above the law.
He doesn't understand the basics of federal law, or rather wants to circumvent it.
If the government was to force banks to remove penalties for non-payment, by federal law, they would have to remove penalties for ALL LOANS.
He knows this, but wants to pretend he is "with the students" by AGAIN scamming them.

Sounds legit....BUT I think he's is going to run up on a snag when they try to privatize the loans through traditional banks as they are onto the .gov scam.

Add to that if they try to go through "woke" regional banks (like the ones that failed) that will raise a huge red flag with their depositors knowing full well that in seven years the banks will have to eat the defaults.

Dems have nothing to offer other than continued false hope.

 

[iamwhatiseem]

Sounds legit....BUT I think he's is going to run up on a snag when they try to privatize the loans through traditional banks as they are onto the .gov scam.

Add to that if they try to go through "woke" regional banks (like the ones that failed) that will raise a huge red flag with their depositors knowing full well that in seven years the banks will have to eat the defaults.

Dems have nothing to offer other than continued false hope.

When this all came out, I made a post saying Democrats would have no problem bankrupting Social Security to pay out reparations and forgive student loans as well as low income mortgages. Which would be next.
All - are direct moves into communism and full socialism.

 

[Mac-7]

With as many free to a large degree "public institutions" out there, how did this problem become so big to start with ?? Sounds like it was a huge scheme or scam to me, otherwise that now goes back quite a few year's or more.

The schools are overcharging and the students often do not practice wise money management

 

[iamwhatiseem]

The schools are overcharging and the students often do not practice wise money management

The schools are overcharging DIRECTLY BECAUSE OF DEMOCRATS PUSHING STUDENT LOANS.

 

[merrill]

Taibbi: The Great College Loan Swindle​

Rolling Stone
https://www.rollingstone.com › politics-features › the-...

Nov 3, 2017 — This is an $8,000 student loan she took out in 1989, through Sallie Mae. She borrowed the money so she could take courses at Quinebaug Valley ...

===

Ripping Off Young America: The College-Loan Scandal​

Rolling Stone
https://www.rollingstone.com › politics › politics-new
Aug 15, 2013 — Student loans aren't hope. They're despair.” This story is from the August 29th, 2013 issue of Rolling Stone.

====

Bank of America: Too Crooked to Fail​

Rolling Stone
https://www.rollingstone.com › politics › politics-news

Mar 14, 2012 — The bank has defrauded everyone from investors and insurers to homeowners and the unemployed. So why does the government keep bailing it out ...

 

[Mac-7]

The schools are overcharging DIRECTLY BECAUSE OF DEMOCRATS PUSHING STUDENT LOANS.

as long as the schools get the price they are demanding thanks to state and federal subsidies they will continue to overcharge the students

 

[merrill]

Why should legislators be held financially responsible when students were the ones who took out the loans and promised to pay them back? If they couldn’t comprehend the concept of repayment and interest, they had no business in college at all.

Have you ever applied for a college loan and being told all about the American Dream and jobs would be no problem that could afford this loan?

How does a young high school graduate know they are being scammed by corporate america and perhaps their college of choice at the same time?

How do parents know their children are being scammed?

Where are the jobs to finance a six figure school loan?

College educations were not near this expensive when I was in school and millions of USA jobs were not being outsourced.

 

[merrill]

as long as the schools get the price they are demanding thanks to state and federal subsidies they will continue to overcharge the students

apparently so .......

 

[Mac-7]

apparently so .......

If the oil companies were price gouging the public the way universities are the DOJ would be investigating them

 

[merrill]

If the oil companies were price gouging the public the way universities are the DOJ would be investigating them

Standing Ovation ...........

 

[WEATHER53]

Joke Briben playing Russian Roulette with highest law in the land.

 

[WEATHER53]

If the oil companies were price gouging the public the way universities are the DOJ would be investigating them

Apples to tire irons

 

[beagle9]

Biden is a joke.

He's a corrupt pandering joke in most people's minds now.

 

[Mac-7]

Apples to tire irons

Does that mean you think the kiddo’s are getting their money’s worth at the rate colleges are charging them?

 

[beagle9]

iamwhatiseem

It’s all for votes. Let’s see if these “smart” college graduates fall for it again when he comes up with a new promise in 2024.

Watching some of these James Klugg videos, uhhh tells me yes they will.

 

[WEATHER53]

Does that mean you think the kiddo’s are getting their money’s worth at the rate colleges are charging them?

The greatest generation and baby boomers all got through college with gross household incomes ranging $5,000-30,000. The safe spacers who don’t want to pay have incomes in their homes of 100k+. It’s plain pure and simple another personal responsibility abdication
Your tire iron stems from oil is a product we all need. College not.

 

[merrill]

The greatest generation and baby boomers all got through college with gross household incomes ranging $5,000-30,000. The safe spacers who don’t want to pay have incomes in their homes of 100k+. It’s plain pure and simple another personal responsibility abdication
Your tire iron stems from oil is a product we all need. College not.

College degrees cost in the $200,000 range give or take. Baby boomers had plenty of good paying job choices when
the USA came first. Now Leveraged Buyout Options Scams Free Trade Agreement Scams and Private Equity Scams come first = sending millions upon millions of USA jobs to Fascist dictatorship countries and Communist Dictatorship countries.

Why is the USA government and USA Corporations funding
Fascist dictatorship countries and Communist Dictatorship countries?

 

[beagle9]

College degrees cost in the $200,000 range give or take. Baby boomers had plenty of good paying job choices when
the USA came first. Now Leveraged Buyout Options Scams Free Trade Agreement Scams and Private Equity Scams come first = sending millions upon millions of USA jobs to Fascist dictatorship countries and Communist Dictatorship countries.

Why is the USA government and USA Corporations funding
Fascist dictatorship countries and Communist Dictatorship countries?

Damned good points...