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Obama unveils student debt-relief plan
The Washington Times ^ | October 26, 2011 | Ben Wolfgang

Posted on 10/26/2011 11:50:48 AM PDT by jazusamo

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Another giveaway by Obama going around Congress.
1 posted on 10/26/2011 11:50:50 AM PDT by jazusamo
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To: jazusamo

Well..now he has the college vote, and soon ...the default mortgage voters....who’s next?


2 posted on 10/26/2011 11:52:23 AM PDT by Fawn (No TO PERRY!!!!!!!!!)
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To: jazusamo
I posted this in a previous thread, really why should taxpayers fund educations at super rich colleges?

Start taxing college endowments especially those “lucky” colleges with the largest endowments (remember the rich are just lucky, those large endowments were “stolen” from smaller colleges who were no doubt exploited by the rich)sarcasm tag here.
Like most freepers I'm pretty much anti-tax, but look at who would be taxed; large liberal private universities. You know, where the liberal professors who support OWS “work”. Think of the irony, these mega rich liberal institutions crying over having to pay “their fair share”.
Here's and out...if they take over providing their students with the govt financial aide and guaranteed loans that the students qualify for based on their FASA, no tax. Colleges with hundred million dollar endowments, or even billions, should be providing financial aid for their students, not the taxpayer.

3 posted on 10/26/2011 11:57:27 AM PDT by fungoking (Tis a pleasure to live in the Ozarks)
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To: jazusamo
won’t cost taxpayers a dime . . . and all loans will be forgiven after 20 years

How in the world does he say this with a straight face?

4 posted on 10/26/2011 11:58:05 AM PDT by T. P. Pole
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To: jazusamo

Elections have consequences.... especially when one “WILLINGLY” brings a Chicago Politico into the mix!!

Unfortunately we cannnot fix stupid. The only hope is that there are enough reasonable, intelligent, not underwater, not looking for a free handout, willing to reduce Government’s hold on everthing folks still out there to overturn Oblah-Bah’s re-election.


5 posted on 10/26/2011 11:59:15 AM PDT by Cliff Dweller (No such thing as a threat... just targets)
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To: T. P. Pole

gubmint subsidized education has the same outcome as gubmint subsidized health care. what a shocker. And the “solution” is always more gubmint intervention.


6 posted on 10/26/2011 12:01:38 PM PDT by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: jazusamo

My sons paid off their loans in full at about 8%. It took years. One son also paid off his lazy, weird wife’s loans.


7 posted on 10/26/2011 12:02:38 PM PDT by Sacajaweau
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To: T. P. Pole
Yep, just another blatant lie by The Won. He's so accustomed to lying I doubt he realizes he lies most of the time.
8 posted on 10/26/2011 12:03:08 PM PDT by jazusamo (The real minimum wage is zero: Thomas Sowell)
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To: jazusamo

Honk if I paid for your :

gay and lesbian Hispanic transgender Degree.


9 posted on 10/26/2011 12:05:50 PM PDT by NoLibZone (Democrats are violent. Prisons are overflowing with democrats convicted of violent crimes.)
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To: Cliff Dweller
"Beginning next year, college students’ monthly payments will be limited to 10 percent of their discretionary income, and all loans will be forgiven after 20 years."

What the heck is this? 10% of their discretionary income for 20 years? These borrowers would be lucky to pay back 10% of what they borrow by then!

10 posted on 10/26/2011 12:06:01 PM PDT by red tie
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To: jazusamo

This president is just trying to by votes for next years election. Unfortunately I believe it will work.


11 posted on 10/26/2011 12:06:58 PM PDT by bbernard
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To: T. P. Pole

I don’t get it either.

it won’t cost us a dime? what about the triple doctorate holder that is approaching the 20 year mark and still owes 300,000

who is going to pay that?


12 posted on 10/26/2011 12:07:17 PM PDT by cableguymn
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To: jazusamo

Where is the outrage from Boehner and the rest of our side on this issue? Going around congress................*crickets* The silence tells me they are O.K. with it.


13 posted on 10/26/2011 12:08:20 PM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: Sacajaweau
I hear you. Our son enlisted in the Army and went to war for a college fund, worked during college and with our help graduated with no loans. A few years later when he married he got to pay off his wife's loans.
14 posted on 10/26/2011 12:08:20 PM PDT by jazusamo (The real minimum wage is zero: Thomas Sowell)
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To: red tie

not to worry- another Exective Order will declare it all “deficit neutral”.


15 posted on 10/26/2011 12:08:57 PM PDT by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: red tie

“discretionary income”

who says what is “discretionary”? is that before or after the BMW payment, Mortgage payment, full package cable bill, cell phone bill????

I think it’s the ones way of saying take all the college debt you want on the governments dime, but don’t worry. you will NEVER have to pay it back.


16 posted on 10/26/2011 12:10:14 PM PDT by cableguymn
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To: jazusamo

Why would you need to pay back anything!

Just string it out for 20 years and poof!

And where the hell is the money then?

This is blatant vote buying.


17 posted on 10/26/2011 12:11:21 PM PDT by VanDeKoik (1 million in stimulus dollars paid for this tagline!)
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Please bump the Freepathon or click above and donate or become a monthly donor!

18 posted on 10/26/2011 12:11:55 PM PDT by jazusamo (The real minimum wage is zero: Thomas Sowell)
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To: T. P. Pole

Now we know! One of Obama’s big moves in his two years of total DC Dem control, was to federalize student loans… now with that full authority, today he dangled offers of help and even forgiveness in front of a student crowd. But somehow to liberals that is NOT corruption or vote buying… is that “progressive” math??? (one of OWS demands is student loan forgiveness). So shall I surmise bailouts are OK if the bailees vote DemWit.


19 posted on 10/26/2011 12:13:52 PM PDT by FiddlePig (truth is hard... lies are easy - http://redneckoblogger.blogspot.com)
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To: jazusamo

...Thereby ensuring that hoard of college kids will put down their bongs and switch off Sponge Bob long enough to vote again.


20 posted on 10/26/2011 12:20:27 PM PDT by Jack of all Trades (Hold your face to the light, even though for the moment you do not see.)
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