Interesting Tidbit On Student Loan Forgiveness

The Soviet Union was a failure

And it eventually imploded due to its own ineptitude

It imploded when it started to "reform", in the 1980s with Perestroika and Glasnost, to placate the US, with the hope of ending the cold war. The economic troubles began for the Soviets when they started trying to end the cold war and make friends with the United States and its allies. The revisionist forces and capitalists within Russia began eating away at what Stalin had built. The earlier generation of Marxists was 100% committed to the nation and that's why it was so successful from the beginning, until the 1970s. The USSR was dissolved by traitors within the USSR, not because socialism doesn't work, although that's the Western argument. Those who know what actually happened, know that's not true.

However, did capitalism replace feudalism and the kings of Europe overnight? How long did it take the mercantile class to become the powerful capitalist industrialists of the 1800s? It took centuries. The conditions had to be present for capitalism to overtake feudalism and the monarchies of Europe, replacing them with Republics. It didn't happen overnight. So why resort to the line of argumentation that demands socialism replace capitalism overnight, to be a "good system", when you're debating socialists? Do you know why you fall into that logical fallacy? Because you're a fucking ignorant. pretentious, disingenuous retard.
 
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Now the TLDR take is this---the government should have never gotten into this gig. This inflated the cost of college.

Ding Ding Ding

Bottom Line: Student loans should be the province of an entirely private market, kick the Feds out.
 
Based on what?

According to the "Communist Front" (IE unemployed grifter in his Mom's basement), you're a "leech" because you don't like the idea of working class non-college grads paying for the education of often more affluent college students - and assuming their financial responsibilities.

This is why it should be an exclusively private market, so that quaint little things like "Underwriting" and "Credit checks" actually assume some role.

Just be glad there is a healthy private student loan market in this country that is able to compete, otherwise we'd already be Zimbabwe.
 
When college students don’t pay back their debts, they’re called deadbeats.

When billionaires don’t pay back their debts, they’re called geniuses.

Our society really is stupid sometimes.

Let's switch this up to your would-be (but will never happen) Socialist utopia:

When working class non-college grads don't pay back wealthy doctors/lawyers student debts, they're called deadbeats.

When those Doctors/Lawyers make a ton' a money for the rest of their lives while footing us with the bill, they're called geniuses.
 
They can't afford to pay their loans because of the crushing debt those loans forced them under. You want a society that can't afford kids or marriage, keep their necks under the boot.

People have to make better choices. Students need to pick more affordable schools. Unless you're in a top law or medical school or want to go into finance in New York, like I did, it really doesn't matter that much. Students should overall pay more attention to cost and come out with far less debt
 
Let's switch this up to your would-be (but will never happen) Socialist utopia:

When working class non-college grads don't pay back wealthy doctors/lawyers student debts, they're called deadbeats.

When those Doctors/Lawyers make a ton' a money for the rest of their lives while footing us with the bill, they're called geniuses.
High income earners were excluded from student loan forgiveness.

As they should.

Do you have another excuse?
 
Here’s an idea:

1) Start off your first two years at a CC. If you’re lower income, taxpayers will cover the tuition.

2) Get at least a 3.0 average, and transfer to the state u for about a third to a half off tuition.

3) For the final two years, get a part-time job during school and full-time during summer and winter breaks.

Do that, and your debt will be minimal, if any.

Self responsibility is so icky.
 
It imploded when it started to "reform", in the 1980s with Perestroika and Glasnost, to placate the US, with the hope of ending the cold war. The economic troubles began for the Soviets when they started trying to end the cold war and make friends with the United States and its allies. The revisionist forces and capitalists within Russia began eating away at what Stalin had built. The earlier generation of Marxists was 100% committed to the nation and that's why it was so successful from the beginning, until the 1970s. The USSR was dissolved by traitors within the USSR, not because socialism doesn't work, although that's the Western argument. Those who know what actually happened, know that's not true.

However, did capitalism replace feudalism and the kings of Europe overnight? How long did it take the mercantile class to become the powerful industrialists of the 1800s? It took centuries. The conditions had to be present for capitalism to overtake feudalism and the monarchies of Europe, replacing them with Republics. It didn't happen overnight. So why resort to that line of argumentation when you're debating socialists? Do you know why you fall into that logical fallacy? Because you're a fucking ignorant. pretentious, disingenuous retard.
The communists were thugs who abused the individual rights of the people

Another Reagan joke:

A man goes to the state dealership to buy a car

The agent says it will be delivered in five years on may 15th

The man asks may 15 in the morning or afternoon?

The agent asks what difference does it make and the man says “because the plumber is coming to fix my toilet that morning”
 
The communists were thugs who abused the individual rights of the people

Another Reagan joke:

A man goes to the state dealership to buy a car

The agent says it will be delivered in five years on may 15th

The man asks may 15 in the morning or afternoon?

The agent asks what difference does it make and the man says “because the plumber is coming to fix my toilet that morning”
I don’t know whether to laugh or cry, but that’s the direction these Communist lovers are leading us.
 
College grads earning $120,000 had their loans paid off by the car mechanics earning half that.
No they didn’t. That car mechanic’s taxes didn’t increase one penny as a result of student loan forgiveness.

Don’t be a liar.
 
No they didn’t. That car mechanic’s taxes didn’t increase one penny as a result of student loan forgiveness.

Don’t be a liar.
I’m starting to wonder if you are a college grad

The dollars given to the college deadbeats came from tax dollars
 
The communists were thugs who abused the individual rights of the people

Another Reagan joke:

A man goes to the state dealership to buy a car

The agent says it will be delivered in five years on may 15th

The man asks may 15 in the morning or afternoon?

The agent asks what difference does it make and the man says “because the plumber is coming to fix my toilet that morning”

The communists behave like thugs, with thugs. With the enemy. Former CIA officers admit to fabricating stories to malign communists:





 
No they didn’t. That car mechanic’s taxes didn’t increase one penny as a result of student loan forgiveness.

Don’t be a liar.
He paid for it one way or another. Don’t be a liar and pretend money just “appears” and doesn’t cost anyone anything.
 
I’m starting to wonder if you are a college grad

The dollars given to the college deadbeats came from tax dollars

No, they didn't, you need to study our monetary system. Our federal government doesn't rely on taxes to pay anyone. It's the exclusive issuer of the dollar.
 
I’m starting to wonder if you are a college grad

The dollars given to the college deadbeats came from tax dollars
And the “forgiveness” of those loans come by printing more money and increasing inflation.

These libs all have the same erroneous thinking: that there’s such a thing as “free” money.
 
And the “forgiveness” of those loans come by printing more money and increasing inflation.

These libs all have the same erroneous thinking: that there’s such a thing as “free” money.

No it doesn't, because our yearly GDP is now at 24 trillion and that's what determines how much money the federal government can "print". Our nation's production capacity is way above our budget, so it would be easy to forgive the student debt. It would actually increase production.
 

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