View Full Version : Protesting for their Right....to Free Stuff: Student Loan Defaulters at SCOTUS
https://media.patriots.win/post/7Yb0XHf3o4PH.png
I'm wondering if that's not Trigglypuff in the front, toward the right side.
DJ_Critterus
02-28-2023, 1:00pm
https://media.patriots.win/post/7Yb0XHf3o4PH.png
I'm wondering if that's not Trigglypuff in the front, toward the right side.
It looks kinda like Peter Griffin as a tranny.
TheHammer
02-28-2023, 1:02pm
It looks kinda like Peter Griffin as a tranny.
:rofl:
Onebadcad
02-28-2023, 1:06pm
I think there may be a little relief for them, as they do inherit $31.6T in federal debt, along with state, county and city debt, most which did not benefit them.
But the biden plan is BS, done only for votes, has no rationale, from a loser who has no authority to do so.
The bigger concern NEEDS TO BE investigating ALL of the universites and colleges that overcharge and rip-off these naive ignoramuses.
Who in the hell thought getting a $300K bachelor's degree in women's studies would pay the bills in life.
Onebadcad
02-28-2023, 1:07pm
Just a slight concern, did all those idiots in the photo have to take the day off work??
Louie Detroit
02-28-2023, 1:10pm
Just a slight concern, did all those idiots in the photo have to take the day off work??
More likely had to step away from the dinner table.
Onebadcad
02-28-2023, 2:09pm
More likely had to step away from the dinner table.
Or the gaming console in their parents' basement.
By the looks of that group, maybe cut back on a few cheeseburgers and pay your bills.
Datawiz
02-28-2023, 2:40pm
I can easily see how every single individual in that picture does NOT look like a significant contributor to society. Quite certain there is not a single hard science major in that group at all. Social media was a complete failure to give a voice to complete failures.
MadInNc
02-28-2023, 2:42pm
It looks kinda like Peter Griffin as a tranny.
……
They’re singing for their meal
I can easily see how every single individual in that picture does NOT look like a significant contributor to society. Quite certain there is not a single hard science major in that group at all. Social media was a complete failure to give a voice to complete failures.
Well stated.
dvarapala
02-28-2023, 2:46pm
It's not entirely their fault - college has become a huge money-grabbing scam. :yesnod:
2n0OTyU50cY
However, instead of (or in addition to) forgiving student loan debt the government needs to address the root causes behind why tuition has risen so ridiculously high in the first place. :yesnod:
Datawiz
02-28-2023, 2:52pm
However, instead of (or in addition to) forgiving student loan debt the government needs to address the root causes behind why tuition has risen so ridiculously high in the first place. :yesnod:
I agree with this, and furthermore, I'm profoundly against the FAFSA BS. What happened to merit-based scholarships? The fact that my wife and I make a lot of money, and can "afford" to spend a quarter million to send GWiz to GT, doesn't mean we didn't deserve scholarships for her hard-earned achievements. Again, we reward the failures, and not the winners. I'm thrilled that we finished college without a penny of debt, but it was still $200k+ cold hard cash. If everyone else is getting debt removed, can I have my 200 grand back?
Burro (He/Haw)
02-28-2023, 2:59pm
Quite certain there is not a single hard science major in that group at all..
Probably not but hard science isn't for everyone. Furthermore a liberal arts degree is JUST as valid as anything else one might choose and they have the same right to loans as anyone else.
But.
No matter what your chosen field, be it Engineering or Left Handed Puppetry, PAY. YOUR. ****ING. DEBT.
I have known the solution for quite awhile. Have the colleges themselves use their own money to fund/administer loans for their own schools.
If they want to be a business, then go ahead and compete. The schools actually providing value will survive. Those that don't will figure out real quick which majors default and claim bankruptcy the most and adjust accordingly.
Rodnok1
02-28-2023, 3:15pm
**** em... I don't get to walk away from a car or home loan and keep my shit.
Why should their stupidity or lack of desire to pay the money back mean the rest of us have to foot the bill. Here's an idea... Somebody should teach the stupid fuks what borrowing money means.
dvarapala
02-28-2023, 3:15pm
If everyone else is getting debt removed, can I have my 200 grand back?
:yesnod: This is the main argument against student debt forgiveness - that "forgiveness" is coming directly from the successful people who paid off their own student loans (or paid cash for their tuition). :toetap:
Torqaholic
02-28-2023, 3:21pm
Only thing a judge should need to know is if that's their signature on the document.
https://twitter.com/CitizenFreePres/status/1630625715279527938
their leader...
Schools are at fault for the tuition explosion
.gov is at fault for guaranteeing the loans to any moron with a pulse, whether they have a prayer of repaying it or not.
Students are at fault for not realizing $200k in debt is tough to pay off with $40k salary.
You know who isn't at fault?
Those that paid their ****ing bills, or recognized that it was sucker's deal.
Lost in all this talk is what will happen if we wake up tomorrow and this debt is "erased"
For the love of god, look at inflation now.
Look at the shortages we have now.
And then these morons will be flush with cash (credit) and we know instant gratification is what they are good at.
We're ****ed.
Datawiz
02-28-2023, 4:34pm
their leader...
Have another cookie, and 3 more hotdogs. Again, another loser getting traction on social media for being a loser. As hair gel said...pay your own ****ing debt. Don't take a loan if you can't pay it off.
https://twitter.com/CitizenFreePres/status/1630625715279527938
their leader...
Comparing a business that was forced into closure by the gov to someone who had free will to choose a post-secondary education and school in which to pursue it, shows exactly how stupid the education system has become.
Jughead
03-01-2023, 6:02am
Isn't a loan a contract? How can Biden cancel all those contracts?
and 10% for the big guy I'm sure.
How about this. The government will forgive up to $15k for each year of military service completed for those looking to reduce their student loan debt. Additional bonuses will be given if you are willing to serve a year in Ukraine fighting for their independence.
Burro (He/Haw)
03-01-2023, 6:52am
How about this. The government will forgive up to $15k for each year of military service completed for those looking to reduce their student loan debt. Additional bonuses will be given if you are willing to serve a year in Ukraine fighting for their independence.
Flawed. You want people in the military that are there by choice and believe in their service. Not some puke with an agenda. This scenario would be joining for financial reasons.
TheRealBadger
03-01-2023, 6:54am
This is a farce. The whole idea that there is a student loan crisis is a made up sham.
The average student loan balance is less than a new car. In fact, less than about half of many new cars. There is no student loan crisis.
The vast majority of people carrying loans above average are because they have advanced degrees (MBAs, lawyers, doctors). Those people do not need relief. They will get their ROI quickly. There is no student loan crisis.
For the tiny, tiny, tiny number of idiots who went to a private liberal arts school for an art history degree and spent 6 years in school and wracked up $250k in student loans….those people are just stupid. But even then it’s an Uber tiny percent of those holding debt.
There is no student loan crisis.
This is a farce. The whole idea that there is a student loan crisis is a made up sham.
The average student loan balance is less than a new car. In fact, less than about half of many new cars. There is no student loan crisis.
The vast majority of people carrying loans above average are because they have advanced degrees (MBAs, lawyers, doctors). Those people do not need relief. They will get their ROI quickly. There is no student loan crisis.
For the tiny, tiny, tiny number of idiots who went to a private liberal arts school for an art history degree and spent 6 years in school and wracked up $250k in student loans….those people are just stupid. But even then it’s an Uber tiny percent of those holding debt.
There is no student loan crisis.
I believe that this is accurate.
Vette40th
03-01-2023, 6:57am
When the givernment took on student loans, if I remember correctly, the schools took advantage of it, as any business would. Price of tuition went up significantly and now even community colleges arent cheap.
But the Emergency powers act via some Hero Honor section bs to legally drop the debt is Bidens admin trying to be crafty.. Ha ha
The debt is not Bidens to give to the people that work and pay taxes.. The people who have that debt can file for bankruptcy or pay it off.
Frankie the Fink
03-01-2023, 7:42am
I think there may be a little relief for them, as they do inherit $31.6T in federal debt, along with state, county and city debt, most which did not benefit them.
But the biden plan is BS, done only for votes, has no rationale, from a loser who has no authority to do so.
The bigger concern NEEDS TO BE investigating ALL of the universites and colleges that overcharge and rip-off these naive ignoramuses.
Who in the hell thought getting a $300K bachelor's degree in women's studies would pay the bills in life.
Biden is camping out on a bill to help servicemen and women with student loand and applying it universally to buy votes - disgusting.
And just to underscore this administration's compassion for the cost of your eggs and gas, these humoungus spending bills devalue the dollar - meaning it buys less and thus fuels inflation.
TheRealBadger
03-01-2023, 7:49am
Biden is camping out on a bill to help servicemen and women with student loand and applying it universally to buy votes - disgusting.
And just to underscore this administration's compassion for the cost of your eggs and gas, these humoungus spending bills devalue the dollar - meaning it buys less and thus fuels inflation.
Is that why the dollar is about the strongest it has been in decades?
The trillions handed out in 2020 that then caused a massive supply shortage in 2021 is the driver of inflation. You are right about that. And it’s now structural, not transient. And most of those increased values went right back to China. Great job there.
When the givernment took on student loans, if I remember correctly, the schools took advantage of it, as any business would. Price of tuition went up significantly and now even community colleges arent cheap.
But the Emergency powers act via some Hero Honor section bs to legally drop the debt is Bidens admin trying to be crafty.. Ha ha
The debt is not Bidens to give to the people that work and pay taxes.. The people who have that debt can file for bankruptcy or pay it off.
Doctors and hospitals did the exact same thing when obamacare was passed. And they do it regularly for medicare/medicaid patients.
Doctors and hospitals did the exact same thing when obamacare was passed. And they do it regularly for medicare/medicaid patients.
medicare pays shit to the hospitals compared to what insured patients do.
Or, to put it another way, insured people pay more BECAUSE medicare pays dick.
My wife had a test done a few years ago and insurance refused to pay, and we got a $2k bill...not negotiable.
I did some checking around at the time and medicare paid $600 for that same test.
Frankie the Fink
03-01-2023, 9:55am
Make no mistake this giveaway along with slavery reparations is the socialist mantra of "redistribution of wealth" and nothing more. Taking from working taxpayers who are uninvolved with a manufactured supposed "injustice" and providing to twits that incurred obligations they cannot meet or have alleged and highly debatable "harm" from something that happened 250 years ago and for which generations of citizens have worked tirelessly to correct over decades of legislation, social programs and blood shed in battle.
Classical vote buying by Democrats. They caused the problem with the finically ignorant student loan program and now want to "Fix it" by forgiving loans to typical dem voters.
Just like the ACA ( Obamacare) was suppose to Lower HC costs but only shifted the burden of Health insurance costs to the taxpayers.
Government intervention in the free market is what's making America uncompetitive and very expensive.
TheRealBadger
03-01-2023, 11:09am
Classical vote buying by Democrats. They caused the problem with the finically ignorant student loan program and now want to "Fix it" by forgiving loans to typical dem voters.
Just like the ACA ( Obamacare) was suppose to Lower HC costs but only shifted the burden of Health insurance costs to the taxpayers.
Government intervention in the free market is what's making America uncompetitive and very expensive.
The student loan programs, and specifically the limits that drove a lot of higher tuition and higher borrowing, were changed in 1993 and 2007.
The largest change was done by a Republican administration.
Vandelay Industries
03-01-2023, 11:11am
The student loan programs, and specifically the limits that drove a lot of higher tuition and higher borrowing, were changed in 1993 and 2007.
The largest change was done by a Republican administration.
Wrong
TheRealBadger
03-01-2023, 11:39am
Wrong
Yes, you are.
Vandelay Industries
03-01-2023, 11:50am
Yes, you are.
Wrong-o
TheRealBadger
03-01-2023, 11:58am
Wrong-o
Oh shit, you are right.
It was 1992 and 2007. Both under Republican administration.
1992: Higher Education Amendments
A revision to the Higher Education Act in 1992 resulted in a significant expansion of the federal student loan program. Up until this point, all federal loans were subsidized, meaning that the government absorbed the interest while students were in school.
With the Higher Education Amendments of 1992, the federal government began to offer unsubsidized loans to all students — regardless of their financial need — as long as they were enrolled at least half time at a qualifying institution.
These amendments also created the Free Application for Federal Student Aid, or FAFSA, and a pilot program for income-sensitive repayment.
2007: College Cost Reduction and Access Act
Also signed by President George W. Bush, the College Cost Reduction and Access Act of 2007 resulted in several major milestones.
The act pledged to reduce interest rates over a five-year period and increased the Pell Grant program’s funding by $11.4 billion. In addition, both the Income-Based Repayment Program and the Public Service Loan Forgiveness Program (PSLF) were born to make student loan repayment more manageable.
We went from "Life, liberty, and the pursuit of happiness," to, 'I have a right to the fruits of other people's labor.' This is not sustainable.
Vandelay Industries
03-01-2023, 12:30pm
Oh shit, you are right.
It was 1992 and 2007. Both under Republican administration.
1992: Higher Education Amendments
A revision to the Higher Education Act in 1992 resulted in a significant expansion of the federal student loan program. Up until this point, all federal loans were subsidized, meaning that the government absorbed the interest while students were in school.
With the Higher Education Amendments of 1992, the federal government began to offer unsubsidized loans to all students — regardless of their financial need — as long as they were enrolled at least half time at a qualifying institution.
These amendments also created the Free Application for Federal Student Aid, or FAFSA, and a pilot program for income-sensitive repayment.
2007: College Cost Reduction and Access Act
Also signed by President George W. Bush, the College Cost Reduction and Access Act of 2007 resulted in several major milestones.
The act pledged to reduce interest rates over a five-year period and increased the Pell Grant program’s funding by $11.4 billion. In addition, both the Income-Based Repayment Program and the Public Service Loan Forgiveness Program (PSLF) were born to make student loan repayment more manageable.
You forgot something.
Onebadcad
03-01-2023, 2:28pm
The big issue here, along with students getting ripped off, is what are the financial operations of public universities and colleges.
First off, these schools are not positive cash-flow entities, they rely HUGELY on taxpayer dollars every year, so add this burden to the forgiveness of student loans that taxpayers must absorb.
Now ask the question, where does the annual, and on-going, contributions from taxpayers go, and why do this expense to taxpayers increase every year.
The answers are found in the schools' expenditures.
Salaries are much higher than the public sector, many professors who never step foot on campus are paid, these professors are justified because they bring more taxpayer money to the school, this job is akin to being a salesperson, the greatest portion of your salary is determined by monies raised.
Also, to whom does the school give its money to each year??
This is easily answered, almost 100% of the schools' contribution to charities, think tanks, projects, organizations, associations, studies, other entities, etc... are all a disguise for mostly political entities, who in turn provide 'favors' for the school.
The favors are various, mostly kickbacks and paybacks and nepotism or blatant fraud to channel money back to the donors, free of taxes or declatation.
The public schools and university system is among the most corrupt public entities in our country.
All bring in more than sufficient revenue, student costs should be less than half of what students are charged, but the extra costs is paid by students, and even more so by taxpayers, as those in charge of the system need to grow their wealth and ensure their political cronies continue to provide for them.
There's a private Liberal Arts college in Iowa with 1700 students.
Their endowment is almost $3B.
TheRealBadger
03-01-2023, 3:36pm
The big issue here, along with students getting ripped off, is what are the financial operations of public universities and colleges.
First off, these schools are not positive cash-flow entities, they rely HUGELY on taxpayer dollars every year, so add this burden to the forgiveness of student loans that taxpayers must absorb.
Now ask the question, where does the annual, and on-going, contributions from taxpayers go, and why do this expense to taxpayers increase every year.
The answers are found in the schools' expenditures.
Salaries are much higher than the public sector, many professors who never step foot on campus are paid, these professors are justified because they bring more taxpayer money to the school, this job is akin to being a salesperson, the greatest portion of your salary is determined by monies raised.
Also, to whom does the school give its money to each year??
This is easily answered, almost 100% of the schools' contribution to charities, think tanks, projects, organizations, associations, studies, other entities, etc... are all a disguise for mostly political entities, who in turn provide 'favors' for the school.
The favors are various, mostly kickbacks and paybacks and nepotism or blatant fraud to channel money back to the donors, free of taxes or declatation.
The public schools and university system is among the most corrupt public entities in our country.
All bring in more than sufficient revenue, student costs should be less than half of what students are charged, but the extra costs is paid by students, and even more so by taxpayers, as those in charge of the system need to grow their wealth and ensure their political cronies continue to provide for them.
I guess that might be true if you live in a shitty state with a poorly run public university system.
I’m glad I don’t live in one of those.
We went from "Life, liberty, and the pursuit of happiness," to, 'I have a right to the fruits of other people's labor.' This is not sustainable.
Indeed.
Was speaking to an old friend today and we spoke about the state of things. The conclusion is move to the country as rural as you can get or tolerate. Stock up on guns and ammo. Stash as much prepper food as you can. Grow your own food and dairy and meat if you can.
Fence off your property and be prepared to defend yourself and property. Fight to the death.
Onebadcad
03-03-2023, 1:08pm
There's a private Liberal Arts college in Iowa with 1700 students.
Their endowment is almost $3B.
Endowments are also BS, simply excess monies obtained from yearly surpluses, that are supposedly earmarked for future capital projects.
These monies SHOULD BE used annually to offset student expenses, and should be audited independently to confirm it is not a piggybank for the liberal admin and the liberal teachers, and their socialist charities---which it is.
IrishSpuds
03-03-2023, 1:55pm
What a group of self entitled worthless fat pigs. They will amount to nothing. Other than that I am on the fence.
Aerovette
03-03-2023, 2:03pm
The student loan programs, and specifically the limits that drove a lot of higher tuition and higher borrowing, were changed in 1993 and 2007.
The largest change was done by a Republican administration.
So what? Regardless of limits, interest, available amounts, they signed up for it and they owe it. PERIOD.
Should I get to have my mortgage paid because TODAY I don't like the terms I agreed to when I bought it and the loan was easy to get?
Onebadcad
03-03-2023, 2:12pm
I guess that might be true if you live in a shitty state with a poorly run public university system.
I’m glad I don’t live in one of those.
Weaker than circus lemonade.
Your state is not better, nor are any that good.
Schools, from Pre-K to Doctorate, are an arm of the dnc and the un-american socialist party.
Two simple questions:
1) What is the overwhelming political allegiance of public university presidents
2) Who was the last conservative personality to deliver a graduation speech at a public university
They exist NOT for education, as they suck at such, we continue to fall behind vs. the world's developed country.
We outspend most of these superior countries by over 100%.
The system is corrupt, as one party has ruled it for the past 60 years.
Your opinion is bought and paid for, and has zero objective content.
Do not jab at FL, as NOTHING in your state can even wipe our ass, your state is controlled by two liberal cities, and no one stays there unless they can be far away from those two shitholes.
BTW, try to get better at posting counterpoints, as you have a long history of emply rebuttals, very embarrassing for how long you have been on the forums.
I would try to help you, but feel your arrogance far exceeds your intellect.
Lastly, found this for you, https://www.collegesimply.com/colleges/compare/university-of-florida-vs-university-of-wisconsin-madison , your BS holds no truth.
Onebadcad
03-03-2023, 2:13pm
This is a farce. The whole idea that there is a student loan crisis is a made up sham.
The average student loan balance is less than a new car. In fact, less than about half of many new cars. There is no student loan crisis.
The vast majority of people carrying loans above average are because they have advanced degrees (MBAs, lawyers, doctors). Those people do not need relief. They will get their ROI quickly. There is no student loan crisis.
For the tiny, tiny, tiny number of idiots who went to a private liberal arts school for an art history degree and spent 6 years in school and wracked up $250k in student loans….those people are just stupid. But even then it’s an Uber tiny percent of those holding debt.
There is no student loan crisis.
Tell that to depends joe and his puppeteers.
Onebadcad
03-03-2023, 2:16pm
How about this. The government will forgive up to $15k for each year of military service completed for those looking to reduce their student loan debt. Additional bonuses will be given if you are willing to serve a year in Ukraine fighting for their independence.
Some are not capable of tying their shoes, so the military enlistment may be detrimental to those in their company, batallion, etc...
For thoe not capable, how about a humanitarian commitment to venezuela or cuba for five years--no vacations back to THE USA.
They all love socialism, these trips will help them to see it at 100% display, hopefully many will remain there after their five-year service.
TheRealBadger
03-03-2023, 2:35pm
Endowments are also BS, simply excess monies obtained from yearly surpluses, that are supposedly earmarked for future capital projects.
These monies SHOULD BE used annually to offset student expenses, and should be audited independently to confirm it is not a piggybank for the liberal admin and the liberal teachers, and their socialist charities---which it is.
That’s funny. That’s not how endowments work. At all.
TheRealBadger
03-03-2023, 2:36pm
So what? Regardless of limits, interest, available amounts, they signed up for it and they owe it. PERIOD.
Should I get to have my mortgage paid because TODAY I don't like the terms I agreed to when I bought it and the loan was easy to get?
Did I say any different? What would make you think is said they didn’t have to pay them? Did you not even read my posts?
TheRealBadger
03-03-2023, 2:38pm
Tell that to depends joe and his puppeteers.
You ****ing tell him.
Onebadcad
03-03-2023, 2:52pm
That’s funny. That’s not how endowments work. At all.
I know exactly how endowments work, there are for capital expenditures and for costs that are not normally included in an annual budget.
That was not my point, but again, way over your head.
To restate the point, why do universities have so much excess cash, but do not lower tuition costs, they are not in financial peril.
The reasons that endowments remain HUGELY, and continue to grow, as it is the piggy bank for univerisity admins, to use in whichever manner they chose, which is mostly earmarked for the dnc, and their favorite socialists charities and think tanks and organizations, as not many universities can prove 100% went for construction and facilities' improvement.
Onebadcad
03-03-2023, 2:53pm
You ****ing tell him.
I did, but when he fell down the stairs, his minimal brain matter got scambled, including the memory function.
TheRealBadger
03-03-2023, 3:10pm
I know exactly how endowments work, there are for capital expenditures and for costs that are not normally included in an annual budget.
That was not my point, but again, way over your head.
To restate the point, why do universities have so much excess cash, but do not lower tuition costs, they are not in financial peril.
The reasons that endowments remain HUGELY, and continue to grow, as it is the piggy bank for univerisity admins, to use in whichever manner they chose, which is mostly earmarked for the dnc, and their favorite socialists charities and think tanks and organizations, as not many universities can prove 100% went for construction and facilities' improvement.
Wrong-o
Tikiman
03-03-2023, 3:14pm
Indeed.
Was speaking to an old friend today and we spoke about the state of things. The conclusion is move to the country as rural as you can get or tolerate. Stock up on guns and ammo. Stash as much prepper food as you can. Grow your own food and dairy and meat if you can.
Fence off your property and be prepared to defend yourself and property. Fight to the death.
Oh, I could never live like that. :rofl:
Onebadcad
03-03-2023, 3:23pm
Wrong-o
You are fun to laugh at, your games are trite, your desire to engage is minimal, as you have nothing.
For most things endowments were intended for, are now part of annual operating budgets, the endowment has become a piggy bank for hand-outs to organizations and shielded pol groups that protect and get monies for the universities.
The endowments grow annual at most schools due to investments AND due to monies are replaced by the annual budget, as ALL schools receive A LOT of taxpayer monies ANNUALLY, those who play the game the best get the most monies.
Very obvious concern, why should endowments be allowed to grow, while student costs increase, and student debt increases??
Aerovette
03-03-2023, 3:29pm
Did I say any different? What would make you think is said they didn’t have to pay them? Did you not even read my posts?
I did. That is exactly why I am pointing out the irrelevance of what happened in 1992 and 2007. It has ZERO bearing on the situation.
Onebadcad
03-03-2023, 3:34pm
I did. That is exactly why I am pointing out the irrelevance of what happened in 1992 and 2007. It has ZERO bearing on the situation.
:seasix::cert:
What you borrow, how much you borrow, when you borrow, for what you borrow, is all 100% on you the borrower.
If you do not think you can repay, then borrow nothing.
Only socialists allow you to dismiss a personal public responsibility.
This country would still be great if all understood that the TAXPAYERS does not have the resources to bail you out of your poor, AND SELFISH, AND STUPID decisions.
Aerovette
03-03-2023, 3:37pm
:seasix::cert:
What you borrow, how much you borrow, when you borrow, for what you borrow, is all 100% on you the borrower.
If you do not think you can repay, then borrow nothing.
Only socialists allow you to dismiss a personal public responsibility.
This country would still be great if all understood that the TAXPAYERS does not have the resources to bail you out of your poor, AND SELFISH, AND STUPID decisions.
I remember a sales pig trying to get me to buy a bigger house and telling me he could get me qualified. It was not about GETTING the loan. It was about PAYING the loan.
Onebadcad
03-03-2023, 3:48pm
I remember a sales pig trying to get me to buy a bigger house and telling me he could get me qualified. It was not about GETTING the loan. It was about PAYING the loan.
The HUGELY problem I see is that this crowd of idiiots were promised full release of their debt obligations in order to vote for a bigger idiot, who never had the authority to advise such.
Now, these idiiots, the idiots still in line to get their degrees in underwater basketweaving, and the future idiots who will get the same worthless degrees, ALL think college is free--none have the capacity to understand the debt is shifted and will impact their immediate and future income tax obligations.
Lastly, if college is now free, the socialists in future elections will promise free country club estates and a trio of Teslas for your driveway.
Stupidity, and bribery, has no bounds,,,
TheRealBadger
03-03-2023, 4:09pm
You are fun to laugh at, your games are trite, your desire to engage is minimal, as you have nothing.
For most things endowments were intended for, are now part of annual operating budgets, the endowment has become a piggy bank for hand-outs to organizations and shielded pol groups that protect and get monies for the universities.
The endowments grow annual at most schools due to investments AND due to monies are replaced by the annual budget, as ALL schools receive A LOT of taxpayer monies ANNUALLY, those who play the game the best get the most monies.
Very obvious concern, why should endowments be allowed to grow, while student costs increase, and student debt increases??
Wrong-o
Endowments, almost 100% by design, cannot shrink. They are not allowed to.
TheRealBadger
03-03-2023, 4:10pm
I did. That is exactly why I am pointing out the irrelevance of what happened in 1992 and 2007. It has ZERO bearing on the situation.
Good for you. So how does that have to do with what was posted?
TheRealBadger
03-03-2023, 4:11pm
The HUGELY problem I see is that this crowd of idiiots were promised full release of their debt obligations in order to vote for a bigger idiot, who never had the authority to advise such.
Now, these idiiots, the idiots still in line to get their degrees in underwater basketweaving, and the future idiots who will get the same worthless degrees, ALL think college is free--none have the capacity to understand the debt is shifted and will impact their immediate and future income tax obligations.
Lastly, if college is now free, the socialists in future elections will promise free country club estates and a trio of Teslas for your driveway.
Stupidity, and bribery, has no bounds,,,
Kind of like the people who voted for a guy who’s aid there was going to be a wall?
Or is that different?
TheRealBadger
03-03-2023, 4:12pm
:seasix::cert:
What you borrow, how much you borrow, when you borrow, for what you borrow, is all 100% on you the borrower.
If you do not think you can repay, then borrow nothing.
Only socialists allow you to dismiss a personal public responsibility.
.
Agreed.
Onebadcad
03-03-2023, 4:24pm
Wrong-o
Endowments, almost 100% by design, cannot shrink. They are not allowed to.
They can stay whole if necessary, but no reason to be adherent when you have a problem with students not be able to afford the cost of your weakarse education.
By forcing schools to do nothing, you allow them to continue to behave fraudently.
Onebadcad
03-03-2023, 4:25pm
Kind of like the people who voted for a guy who’s aid there was going to be a wall?
Or is that different?
He wanted to build the wall to protect our country, it was not attempt to get more voters to the polls.
Aerovette
03-03-2023, 4:32pm
Good for you. So how does that have to do with what was posted?
You inferred...no, you expressed, that the activities of 92 and 07 contributed to the problem.
Aerovette
03-03-2023, 4:34pm
Kind of like the people who voted for a guy who’s aid there was going to be a wall?
Or is that different?
Yes, it is VERY different. The wall was a good idea. Trump knew he could do it and the Dems were afraid he could do it so they did all they could to stop him.
We all knew Biden couldn't remove that debt and that it was NOT a good idea. He knew it too...but he lied.
TheRealBadger
03-03-2023, 4:34pm
They can stay whole if necessary, but no reason to be adherent when you have a problem with students not be able to afford the cost of your weakarse education.
By forcing schools to do nothing, you allow them to continue to behave fraudently.
That’s actually not true. But you keep on keeping on. They CANNOT liquidate it and they CANNOT spend it on anything they want.
TheRealBadger
03-03-2023, 4:34pm
He wanted to build the wall to protect our country, it was not attempt to get more voters to the polls.
Uh. Sure it was.
TheRealBadger
03-03-2023, 4:36pm
You inferred...no, you expressed, that the activities of 92 and 07 contributed to the problem.
Well, to be clear, my very first post was that there isn’t a problem. So, I’m not sure how to could infer that.
If we are stalking about the actual value of indebtedness, and the rate at which the tuitions have increased, they are absolutely linked. And that has been proven through many studies.
Aerovette
03-03-2023, 4:40pm
Well, to be clear, my very first post was that there isn’t a problem. So, I’m not sure how to could infer that.
If we are stalking about the actual value of indebtedness, and the rate at which the tuitions have increased, they are absolutely linked. And that has been proven through many studies.
That is a true statement, but I was addressing your other post.
Post #35.:seasix:
TheRealBadger
03-03-2023, 6:15pm
That is a true statement, but I was addressing your other post.
Post #35.:seasix:
I understand. But my post was a response to this:
Classical vote buying by Democrats. They caused the problem with the finically ignorant student loan program and now want to "Fix it" by forgiving loans to typical dem voters.
They didn’t cause it. And the two new programs/law changes that went into effect during those timeframes are the biggest correlation to tuition costs rising. That’s been documented.
Buying votes? Sure. That’s what all politicians do. The last one ran up the largest debt in history for single term and it still didn’t win it.
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