Posted on 10/30/2019 10:10:54 AM PDT by Kaslin
“Student debt relief”
The Squawskank Redemption?
In other words, those people who made the best use of the loans will be punished for their good stewardship of the public’s money.
If I’m rich, I’m supposed to pay deadbeats’ loans as well as my own. Democrat fairness 101.
No one is responsible for anyone else’s student debt except possibly the students’ families should they choose to take on that burden. I paid for a large portion of my niece’s student debt because it was set up on a balloon payment and would have risen to 19% interest even though she had been making payments since graduation. I sure as hell aren’t responsible for people I don’t know. I like Tucker Carlson’s idea of hitting up the universities’ endowments though as they are the ones who are responsible for their students i.e. customers.
If you’re irresponsible, you get a free ride. Democrats believe certain people shouldn’t have to follow the rules because they can’t afford it.
No one forced them to obtain a student loan.
Its all about bottom feeding for votes.
Ticks be off that I worked so hard to pay off our child’s loan
The two-cents-on-rich-people tax is the camel's nose under the tent.
Warren’s delusional ... Democrats always start out with ‘it won’t hurt the middle class - only going after the rich.’
Then when it’s implemented lo and behold everyone loses except the democrat base.
It’s very simple. It is a zero-sum game with respect to federally insured guaranteed student loans. Either the student borrower repays the loan or the taxpayer does. About 85% of the $1.5 Trillion in outstanding student loans are federally guaranteed. Not all of the loans are in danger of default. Perhaps a third is no risk (envision a Harvard Medical School grad who can afford to repay his or her loans), and another third is low risk. The remaining third is by any reasonable definition - non-performing. Ms. Warren wants to take that $500B and ladle it over the backs of taxpayers - almost all of whom never had any input into the process by which the loans were underwritten, disbursed and spent.
correction needed:
Elizabeth Warren’s Student Debt Relief Plan Would Punish Everyone EXCEPT liberal elites, muslims, mexicans, lgbtrunpi, transvestites, etc etc etc Making $250,000 or More
in other words- it will punish all conservatives making more than $250,000 a year
How is not getting a freebie a punishment?
This argument is stupid.
Deadbeats have us outnumbered. So the math works for them.
A lengthy discussion? There must have been thousands of "So..."
When we started we didn’t have much but a lot of energy and a good plan. We also had good study habits and work ethics.
We had no family money and no wealthy supporting parent.
We went to school and worked hard and paid for our educations as we went.
Now we are over that income level because we went to college and attained our degrees and then went on to good careers do to hard work and a good plan. We have three Masters degrees in this household that are all totally paid for. That is why we are over that income level.
Now this raving bitch wants us to pay for other people’s student loans? Not on her life.
Not going to happen.
In 1968, my university tuition was $800. I thought it was high. I could never go to school now.
I blame the school loan system. The schools keep raising tuition, because they know the students will take out loans to pay it. It’s a vicious cycle.
If you make $250K a year, you can damn well sure pay your debts.
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