Biden is about to commit an impeachable offense

[StuAzole]

I agree.

That's the real problem.

And the predatory lender for the overwhelming majority of student loans is the Federal Government/taxpayer.

And this giveaway will do NOTHING to solve that - it will only keep it going.

Why is the President not doing anything about it?



Why do you think the President isn't doing anything about that?



So why isn't the administration doing anything about it?

Simply forgiving some student loans doesn't even amount to a band-aid on the problem.

So what's the deal?

What do you think Biden should do? Maybe if we end all student loans universities will be forced to price appropriately.

What's the republican plan to reign in college costs?

 

[StuAzole]

If you pay taxes in the USA it impacts you.

why? Your taxes aren't going up. You'll pay exactly what you would have always paid, regardless of who gets a loan forgiven.

 

[casa_mugrienta]

Not uncommon to be well over that for an mba, law or med school. Or even for undergrad if you went to a private school or out of state (which I agree you have no business doing if you can’t afford it btw).

MBA = LOL

Law and med school - by the time you're there you know what you're getting into.

Most of those people won't even qualify for forgiveness anyway cause they're already raking in the dough.

my daughter's best friend's mom is a recently divorced podiatrist and can't get a home loan because of her med school debt.

So what?

Go rent like 44 million other American households.

 

[casa_mugrienta]

why? Your taxes aren't going up. You'll pay exactly what you would have always paid, regardless of who gets a loan forgiven.

I already explained this earlier. It's how the loan is funded by the Federal Government via the bond market.

 

[casa_mugrienta]

What do you think Biden should do?

Executive order, along with the loan forgiveness.

He could 100% do it and end this bullshit once and for all.

But he won't.

Maybe if we end all student loans universities will be forced to price appropriately.

Yup.

And forgiveness actually discourages this.

What's the republican plan to reign in college costs?

The Repubelicans have a plan for fvckall.

 

[grapedrink]

MBA = LOL

Law and med school - by the time you're there you know what you're getting into.

Most of those people won't even qualify for forgiveness anyway cause they're already raking in the dough.

Sure. I’m not shedding a tear for them, Im simply pointing out the reality.

 

[casa_mugrienta]

Here's what they should do.

If you signed for a loan under the age of 25 you get the forgiveness.

Over 25, go fvck yourself.

By then you know better

 

[Mike_Jones]

why? Your taxes aren't going up. You'll pay exactly what you would have always paid, regardless of who gets a loan forgiven.

AGAIN. Inflation IS taxation. inflation happens when a government which coins money spends more money than it collects. The greater the differential, the greater the inflation rate. The difference between taxation and inflation is that taxation has rules. Inflation has no rules. It just devalues everyone's currency.

We should wish that these increased expenses came with a tax increase, because our taxes tax income, not wealth.
.

 

[casa_mugrienta]

AGAIN. Inflation IS taxation. inflation happens when a government which coins money spends more money than it collects. The greater the differential, the greater the inflation rate. The difference between taxation and inflation is that taxation has rules. Inflation has no rules. It just devalues everyone's currency.

We should wish that these increased expenses came with a tax increase, because our taxes tax income, not wealth.
.

Stu is convinced borrowers having more money in their pockets is not inflationary. lol.

 

[StuAzole]

AGAIN. Inflation IS taxation. inflation happens when a government which coins money spends more money than it collects. The greater the differential, the greater the inflation rate. The difference between taxation and inflation is that taxation has rules. Inflation has no rules. It just devalues everyone's currency.

We should wish that these increased expenses came with a tax increase, because our taxes tax income, not wealth.
.

LOL. I don't recall this argument as Trump was increasing the budget deficit to record levels.

BTW, Biden has reduced the deficit tremendously. Everyone is talking about it. The best deficit reduction.

 

[StuAzole]

Stu is convinced borrowers having more money in their pockets is not inflationary. lol.

Yeah, that $50/month reduction over the next 20 years is really going to drive up the cost of beer.

It will only be inflationary if it leads to additional tuition increases.

 

[$kully]

Did you take out any PPPs? Getting them forgiven was a joke.

I sent my social # in, and wala - they were forgiven. no one asked what i spent the money - in fact I havent spent any of it yet.

I had two of them, legitimately that were probably a fraction of what most people got illegitimately and I bet the process for forgiveness was the same for each. it was a tremendously mishandled program.

Interesting, my CPA told me not to bother with them which was prob a mistake.

 

[$kully]

What do you think Biden should do? Maybe if we end all student loans universities will be forced to price appropriately.

What's the republican plan to reign in college costs?

LOL he said “what’s the republican plan” Thats funny!

 

[Autoprax]

My DT friend was crying about this but he got 260 grand in PPP bailout money for his company and he never stopped working.

 

[$kully]

Why is it that republicans only seem to shriek about government handing out “free money” when it’s going to people that might actually need the help.

But they’re silent on crooks like this…

Brett Favre: New report includes texts that show former QB’s role in Mississippi welfare fraud - Sports Illustrated

The retired quarterback reportedly influenced where Mississippi spent its welfare funds.

www.si.com

 

[Mike_Jones]

Biden has reduced the deficit tremendously. Everyone is talking about it. The best deficit reduction.

Bullshit.

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

Sane people get tired of lying.
.

 

[$kully]

Bullshit.

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

Sane people get tired of lying.
.

Thats not 12 months, stop lying Squidley!

 

[Mike_Jones]

Biden has reduced the deficit tremendously. Everyone is talking about it. The best deficit reduction.

Thats not 12 months, stop lying Squidley!

No it's not 12 months. It's 19 months, the exact timeframe which StuAzole lied about.
.

 

[$kully]

No it's not 12 months. It's 19 months, the exact timeframe which StuAzole lied about.
.

So why did you say it was a 12 month chart you lying sack of shia!

 

[StuAzole]

Bullshit.

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

Sane people get tired of lying.
.

Why are you posting about inflation?