Biden administration cancels $1.2B in student loans with new repayment plan

anonymoose said:
Do you think this is fair to those that scrimped, were fiscally responsible and suffered through paying their loans off in full?
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Hell no! It sends the message that if you do the right thing, the Left / Democrats will just fuck you in the ass as they pay off their cronies for being slackers and losers using your tax money...
 
T. A. Gardner said:
Let me correct that for you. The part in red is what the administration is really doing here.
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Dear fucking foreign disinformation bot hole


Doing what the American people want done is not buying votes

It’s called representing the people and winning their Democratically cast votes



Buying their votes is spending money to misinform the people or cheating in elections


You just instinctually hate Democracy


Fuck you very much
 
BidenPresident said:
Analogy is false.
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Then provide one you believe is correct.

If you can't afford to go to Harvard then attend a community college. If you can't afford community college then get a job. Most trade unions offer free apprenticeships for things like electricians, pipefitters, carpenters, etc. YOU have ZERO right to a college education.

Aside from that, only about a third of the population--at most--are college material in any case.
 
T. A. Gardner said:
Then provide one you believe is correct.

If you can't afford to go to Harvard then attend a community college. If you can't afford community college then get a job. Most trade unions offer free apprenticeships for things like electricians, pipefitters, carpenters, etc. YOU have ZERO right to a college education.

Aside from that, only about a third of the population--at most--are college material in any case.
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You certainly are not college material.
 
evince said:
Dear fucking foreign disinformation bot hole
Doing what the American people want done is not buying votes
It’s called representing the people and winning their Democratically cast votes
Buying their votes is spending money to misinform the people or cheating in elections
You just instinctually hate Democracy
Fuck you very much
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Most Americans don't want college loans forgiven.

Less than half of Americans support student loan forgiveness: poll
https://finance.yahoo.com/news/less...-student-loan-forgiveness-poll-183840781.html

Voters split on student loan forgiveness, new poll shows
NBC News poll finds higher support for forgiveness among those with student loans.
https://www.nbcnews.com/meet-the-pr...ent-loan-forgiveness-new-poll-shows-rcna48490
 
T. A. Gardner said:
Forgiving a loan for no particular reason is cretinous. What Biden is doing is forgiving loans equivalent to forgiving new car loans. What's the difference? Each person chose to take that loan out to go to school. They didn't have to, it was their choice.
They then benefited from the education they received, knowing they'd have to pay the loan back. Just because that creates a hardship because they were stupid enough to not think through the consequences of their actions is no reason to put the loss on other taxpayers.
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Making Americans decide to not seek higher education because they cant afford it is what you evil fucks want


Cram your stupid hate filled ideas back up putins ass where you got them
 
T. A. Gardner said:
But it doesn't do that. The people involved in this program have finished school and are now employed (hopefully) doing something. They should have to pay back their loans just like everybody else does for everything else they take a loan out for. It is pure vote buying to forgive student loans when there are far more Americans who never took one out and are now being forced to cover the loss that Biden created by canceling those loans.

Politicians should not be able to use taxpayer money to bribe people to vote for them.
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Our system and our voters don’t agree


So you lose
 
BidenPresident said:
Starting Wednesday, President Biden will email 153,000 student loan borrowers enrolled in his signature repayment plan to let them know their debts — totaling $1.2 billion — have been forgiven.

The notice makes good on the administration’s promise to accelerate forgiveness for borrowers with low original balances who are enrolled in the Saving on a Valuable Education (Save) plan. Rather than wait 20 to 25 years for relief through other income-driven repayment plans, enrollees in the Save plan who borrowed less than $12,000 can have their debt wiped clean after 10 years of payments.

https://www.washingtonpost.com/education/2024/02/21/biden-save-student-loan-forgiveness/
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So Doctors, Lawyers and Engineers get student loans canceled and plumbers mechanics and carpenters help pay for their debt. How is that fair?
 
BidenPresident said:
You certainly are not college material.
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T. A. Gardner said:
Most Americans don't want college loans forgiven.

Less than half of Americans support student loan forgiveness: poll
https://finance.yahoo.com/news/less...-student-loan-forgiveness-poll-183840781.html




Voters split on student loan forgiveness, new poll shows
NBC News poll finds higher support for forgiveness among those with student loans.
https://www.nbcnews.com/meet-the-pr...ent-loan-forgiveness-new-poll-shows-rcna48490
Click to expand...




Your first article

February 26, 2021


Your second article
Sept. 20, 2022
 
evince said:
Making Americans decide to not seek higher education because they cant afford it is what you evil fucks want
Cram your stupid hate filled ideas back up putins ass where you got them
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Well, in your case I wouldn't want you seeking higher education because it would just be a waste of time and resources...
 
evince said:
Our system and our voters don’t agree


So you lose
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The majority of Americans disagree with student loan forgiveness on the backs of the taxpayer.


Nearly two‐​thirds of Americans oppose cancellation if forgiving $10,000 per borrower raises their taxes (64%) or if it primarily benefits higher income people (68%). Even more Americans oppose if cancellation incentivizes colleges and universities to further raise prices, as research has shown it may.
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https://www.cato.org/blog/new-poll-...arly two‐​thirds of,research has shown it may.
 
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