Another $5 Billion In Student Debt Canceled For 80,000 Borrowers By Biden Administration
Dec 10, 2023 11:15:02 #
Some of this might be warranted but given the incompetence in Biden's administration one has to wonder how accurate the records are.
https://www.msn.com/en-us/money/personalfinance/another-5-billion-in-student-debt-canceled-for-80000-borrowers-by-biden-administration/ar-AA1lfZHC
https://www.msn.com/en-us/money/personalfinance/another-5-billion-in-student-debt-canceled-for-80000-borrowers-by-biden-administration/ar-AA1lfZHC
Dec 10, 2023 15:01:53 #
Incompetent or not (that's just a given) I would rather see 5 billion go there then to see 5 billion go to some war. It's time we took care of ourselves.
Dec 11, 2023 07:13:11 #
tramsey wrote:
Incompetent or not (that's just a given) I would rather see 5 billion go there then to see 5 billion go to some war. It's time we took care of ourselves.
And part of America taking care of itself is to have borrowers pay back their student loans. Whatever happened to Biden and the Left Wing constantly telling Americans to, pay their fair share? Seems like forgiving student loans means you and I are paying more than our fair share to give these ingrates a break they do not deserve.
Dennis
Dec 11, 2023 14:20:16 #
FrumCA wrote:
Some of this might be warranted but given the incompetence in Biden's administration one has to wonder how accurate the records are.
https://www.msn.com/en-us/money/personalfinance/another-5-billion-in-student-debt-canceled-for-80000-borrowers-by-biden-administration/ar-AA1lfZHC
https://www.msn.com/en-us/money/personalfinance/another-5-billion-in-student-debt-canceled-for-80000-borrowers-by-biden-administration/ar-AA1lfZHC
I want to know when my forgiveness on my home mortgage loan is coming?... IMHO this is BS. People all know what they are signing when entering into a loan.
Dec 11, 2023 14:23:59 #
flathead27ford wrote:
I want to know when my forgiveness on my home mortgage loan is coming?... IMHO this is BS. People all know what they are signing when entering into a loan.
Darn it flathead27ford, there you go bringing up common sense thoughts again. You know the Left can't handle such thoughts as yours.
Dennis
Dec 11, 2023 14:28:29 #
dennis2146 wrote:
img src="https://static.uglyhedgehog.com/images/s... (show quote)
If he cleaned them up with oven cleaner they might.
Dec 11, 2023 14:41:45 #
tramsey wrote:
Incompetent or not (that's just a given) I would rather see 5 billion go there then to see 5 billion go to some war. It's time we took care of ourselves.
Dec 11, 2023 14:43:52 #
Dec 11, 2023 14:44:52 #
srg wrote:
The only ones taking care of themselves are the politicians.
They don't give a shit about you or the country.
Dec 11, 2023 14:46:35 #
Kraken wrote:
The only ones taking care of themselves are the politicians.
They don't give a shit about you or the country.
They don't give a shit about you or the country.
Holy crap! Kraken and I finally agree on something. It's a Christmas miracle! I hope you have a great new year Kraken. I mean that honestly.
Dec 11, 2023 14:52:09 #
flathead27ford wrote:
Holy crap! Kraken and I finally agree on something. It's a Christmas miracle! I hope you have a great new year Kraken. I mean that honestly.
You too, take care.
Dec 11, 2023 20:32:13 #
thom w
Loc: San Jose, CA
tramsey wrote:
Incompetent or not (that's just a given) I would rather see 5 billion go there then to see 5 billion go to some war. It's time we took care of ourselves.
I'm not sure what you are saying, so I'm asking. Are you saying you would rather spend money and American blood later than money and no American blood today? Would you rather wait for Putin to attack a Nato country leaving us no choice and possibly triggering WWIII? What sense does it make to wait till Putin is stronger? If I misread what you were saying, please accept my apology.
Dec 11, 2023 20:45:18 #
thom w
Loc: San Jose, CA
flathead27ford wrote:
I want to know when my forgiveness on my home mortgage loan is coming?... IMHO this is BS. People all know what they are signing when entering into a loan.
Your home mortgage can be discharged through bankruptcy, and you can go on to establish credit again. This is not true of a student loan. You can walk away from your mortgage. It will cost you, but you can do it. That is the difference. I've seen many loans, mortgages that were in default be negotiated down. Again, one does not have that option with a student loan. I have no idea how smart you are, or are not, but there seems to be many things about loans you aren't aware of. I'm no where near expert on these things but I know what I have stated to be true. I've known people who when due to a crash they owed much more on a home than it was worth were able to just walk away. They lost the home, but they owed nothing. Trump brags all the time about renogiating the terms of a loan after the fact. Why hate on students?
Dec 12, 2023 01:57:06 #
tramsey wrote:
Incompetent or not (that's just a given) I would rather see 5 billion go there then to see 5 billion go to some war. It's time we took care of ourselves.
Or...go towards a worthless wall.
Dec 12, 2023 06:04:03 #
thom w wrote:
Your home mortgage can be discharged through bankr... (show quote)
The reason that college educations cost so much is because the federal government has made so much money available to students via grants and loans, were it not for the huge pool of money available to higher education tuition would be more affordable for students. If higher education were to have to stand on a value proposition rather than federal funding we would not need federal involvement. Once again, the Feds get involved and screw the pooch.
There is no justification for cancelling student loans, it is simply a wealth transfer from the working class to the upper middle class. Harvard has a $51 billion endowment, maybe they should be funding their student's education instead of the taxpayers.
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.