Or the parents who let their kids live at home, helped them with expenses (computers/phones, car, books!) so that they came out of school debt free? I’d like $10K also!
Or the students who studied their asses off to get scholarships and went to state schools while living at home? While all of their friends racked up loans living the fun life away from home? They would like $10K for being responsible also!
Yep! Us too! I forgot that I had some to pay off myself a long time ago!
I also went into the Air Force my junior year in order to pay for my senior year and avoid more loans. It was a special program to recruit engineers for all of the weapons programs Reagan was starting.
and is the asshat going to reimburse all those who paid it off??the fukhead is trying to kiss the ass of the progressives and it wont be enough....not to mention the fact that for those of us that paid off the bill dont need to be paying someone elses bill....jackass
I'm not a stupid college student who can't pay them back, just a teacher who doesn't make nearly enough to make a dent. I have no problem paying them back just wish it wasn't such a racket
The relief that should happen is the loan agencies who — because student loans are federally guaranteed — make more by defaulting debt.
Example is a $5K loan bureaucratically morphs into an $11K debt obligation by selling the “underperforming” original over and over.
It’s these synthetic accruing penalties obtained through rapacious manipulation of lending practices that puts many otherwise responsible payers into no-win financial black hole.
Leave the loan, forgive the excess interest and penalties, and let the lenders — not the taxpayers, be left holding the bag.
The loans are collateral on their books,giving them cash,doesn't make them happy,they have no wear to put it,the overnight reverse repo is exceeding two trillion dollers right now. That's all excess cash in the system.
I'm no expert,but if the banks wanted this,he would have done it his first month. We watch the repo rate over on supperstonk,it's gone up under biden from next to nothing to two trillion today.
What about the people that didn't go to college because they didn't go into debt? Can I have 10k to put towards my house?
Or the parents who let their kids live at home, helped them with expenses (computers/phones, car, books!) so that they came out of school debt free? I’d like $10K also!
Or the students who studied their asses off to get scholarships and went to state schools while living at home? While all of their friends racked up loans living the fun life away from home? They would like $10K for being responsible also!
What about the students that took the loans reluctantly and diligently paid them off? I sacrificed to make sure the payments went through.
Yep! Us too! I forgot that I had some to pay off myself a long time ago!
I also went into the Air Force my junior year in order to pay for my senior year and avoid more loans. It was a special program to recruit engineers for all of the weapons programs Reagan was starting.
That's not forgiveness it's a transaction in exchange for votes.
College students who are too stupid to understand that what is borrowed is to be paid back, should be rewarded??
Exactly
and Trump won BIGLY!
He can go ahead and give me the money to go towards student loans, but I’ll still NEVER vote for a democrat. Ever.
and is the asshat going to reimburse all those who paid it off??the fukhead is trying to kiss the ass of the progressives and it wont be enough....not to mention the fact that for those of us that paid off the bill dont need to be paying someone elses bill....jackass
That 40 billion wasted on Ukraine could have covered this bs.
I'm not a stupid college student who can't pay them back, just a teacher who doesn't make nearly enough to make a dent. I have no problem paying them back just wish it wasn't such a racket
The relief that should happen is the loan agencies who — because student loans are federally guaranteed — make more by defaulting debt.
Example is a $5K loan bureaucratically morphs into an $11K debt obligation by selling the “underperforming” original over and over.
It’s these synthetic accruing penalties obtained through rapacious manipulation of lending practices that puts many otherwise responsible payers into no-win financial black hole.
Leave the loan, forgive the excess interest and penalties, and let the lenders — not the taxpayers, be left holding the bag.
It should be no interest and payments based on income for repayment. It should not be as expensive as it is either.
Yeah, the costs of tuition and books are grossly inflated.
That’s socialist.
What about responsible ppl as myself and family that have already paid our "debt" ....
Refund?
FJB
I doubt the banks will let him do it.
The loans are collateral on their books,giving them cash,doesn't make them happy,they have no wear to put it,the overnight reverse repo is exceeding two trillion dollers right now. That's all excess cash in the system.
I'm no expert,but if the banks wanted this,he would have done it his first month. We watch the repo rate over on supperstonk,it's gone up under biden from next to nothing to two trillion today.
Never gonna happen.