Posted on 08/02/2023 9:50:55 PM PDT by backpacker_c
we're sending billions and billions to some God for saken war that we have no businees being in and we've promised to pay the pensions of people in the Ukraine....
and corporate welfare....we've made billionaires out of many scoundrels....
I for one would not hate SOME help to people faithfully paying off college debt otherwise we will have a permanent bankrupted generation...
IIRC, if a college grad gets a job working for some senator or congressman, their college loans are completely forgiven....
can we help our own people, a little bit maybe....
Too late for that.
The loans are through the government WHICH MEANS the bankruptcy is against the taxpayers DeSantis is a MORON!!!
This guy is a disaster.
He did some good things for FL as part of the attempt to slip him in as a Trump MAGA alternative.
(Not that Trump doesn’t have some issues as well.)
FYI, I had a total of $3,750 in student loans for my undergraduate degree, got some college classes via military service, and graduate assistant role to help pay some tuition. Overall, I paid 99% of my tuition, books, etc. up front and out of my own pocket. That said, I wish I had been able to get loans and I have great sympathy for students who need them to get to school. The only thing that saved me was good paying jobs that leveraged my military service. And there was no meaningful GI Bill when I served post-Vietnam era.
Like many politicians, he makes promises to both sides. But you can't deliver to both sides. So he'll serve one side, and stab the other in the back.
That will cost less than trumps plan to save SS by paying people that have babies. He didn’t say taxpayers or citizens. Instead of just returning it to its original intent he wants to fix big government by taking ng more of your dollars in more wealth redistribution.
But still having to prove that they could not pay the remainder even though they might want,
And remember, the value of a "dollar" in our times of blatant inflation is worth much less than when the debt was incurred. So it would be a lot easier to pay up ten yeards later when one ignorantly pledged at the beginning.
Forgiving without assessing the person's true ability only increases inflation and adds more worthless college courses and worthless instructors for worthless students at that later time.
Are today's incoming students going to count on not being held accountability later on, whether the graduate with a worthless degree?
Back in my day, when the tuition-free state universities offered courses, they were only for ones that would have true real value for the student being supported. In New York State (2 year Associate and 4 year Bachelors), it was for school teachers, engineers, nurses, physicians, artisans (not "artists"), technicians, accountants. etc. that could and would pay back the funds spent for them by becoming earning tax-paying citizens elevating the amount of earnings and quality of life for their local communities.
No ongoing free lunch for the would-be parasites.
What killed this whole functioning beneficial scheme was the state and/or federal backing the student loans by undertaking the interest payments ONLY and ONLY WHILE THE STUDENT WAS STILL IN COLLEGE, not after graduating and supposedly able to undertake their own debt burdens paid for by someone else's savings. The banks became far too free with the loans, and the colleges became far too free of accepting uneducable ambition-less public-school graduates unwillig to begin the adul life of self-supporting laborious service to demanding employers, forced to leave the the halls of undemanding public schools with their tenured but dysfunctional "teachers" yearning to become class-free administrators.
I think if state legislatures forced the public college crowd to an audit, and full explanation of salary/pension situations...it’d force a state-by-state change.
SL program overhaul is seriously needed. Making some debt dischargeable will shrink the pool of loans and might also help restrain tuition increases or force reductions.
This infighting over Trump and Desantis is just self destructive.
While we bicker the leftist democrats hate our guts down to the sigmoid.
Trump faithful seem to feel we who look at Desnatis as another potential candidate are the real enemies.
Get serious.
Have you actually read what the common leftists write about Trump and YOU?
We are in a family of sorts, let’s not tear each other to bits.
Go ahead read some comments, the hate honestly doesn’t seem any less vitriolic than 3 years ago:
https://twitter.com/OccupyDemocrats/status/1686811315992670208?s=20
You could do that, however, you MUST concurrently transfer that debt to the University that was the recipient of that money. The universities have amassed enormous sums of money by promising young people vast riches if they get ANY college degree. Meanwhile these institutions have brainwashed these young people so that they will be good little communists and support the power elites.
And if the borrower decides not to pay, or claims a hardship and doesn’t make anything except token payments, the whole amount disappears in 10 years and the tax payers eat it?
That’s one of biden’s proposals. Minimal payments that are a few precent of a person’s wages, and forgiving loans after 10 years or so.
That is laughable. All borrowers will simply declare bankruptcy.
And then, when students catch on, there will be more students making more loans knowing they won’t have to repay them.
Also, the students who have worked hard at repaying their loans will feel like suckers.
I see advertisments almost every day from lawyers promoting bankruptcy.
Another desantis supporter/nevertrumper mis-representing things.... again.
Trump suspended payments, meaning the debt is still there and needs to be paid back.
desanctimonious wants to allow people to go through bankruptcy and have the debt forgiven and erased - that is, doesn’t need to be paid back by the borrower....
Instead, the loan is a debt that gets to be paid by all tax payers.
I think that perhaps the ‘students’ who want this who were never able to get a job in the discipline for which they studied and paid borrowed money for should be allowed to throw that debt in on a bankruptcy - provided that the college/university which they attended ALSO becomes a bankruptcy debtor partner, if you will. They have to be made to pay if we are ever going to stop worthless education from proliferating.
If you lease a vehicle, stop making payments, and declare bankruptcy, do they let you keep the car?
Perhaps repossessing a degree could put some skin in the game.
EC
lol...
a desantis supporter/nevertrumper that has been defending desanctimonious and attack Trump....
Asking Trump supporters to stop attacking desantis...
right...
rotfl
But the person may have realized their degree in Transexual Climate Worship is worth less than a penny. They would welcome the repossession if that meant they don’t have to pay their loan back.
Personally I’m tired of politicians offering to use my tax money to pay losers for their vote!
Before someone comments what does bankruptcy have to do with tax money, remember a politician will use a problem to their advantage. If educational debt is resolved by bankruptcy, schools will suffer financially. So guess who now needs to be bailed out....... and who will do it with your money!
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