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Are they going to cancel student loan debt within 5 years?


Seventy_Yard_FG
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Are they going to cancel student loan debt within 5 years?  

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  1. 1. Are they going to cancel student loan debt within 5 years?



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So I have one class left on my MBA.  I could either pay cash or take out a loan.  If I take out a loan I could take only enough to pay for the class, or I could take up to an extra 5 grand or so.

Should I just pay cash or assume they will cancel my debt before I have to pay it off?  Should I wager taking the full amount and assume that’s just free money?

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2 hours ago, Seventy_Yard_FG said:

So I have one class left on my MBA.  I could either pay cash or take out a loan.  If I take out a loan I could take only enough to pay for the class, or I could take up to an extra 5 grand or so.

Should I just pay cash or assume they will cancel my debt before I have to pay it off?  Should I wager taking the full amount and assume that’s just free money?

Your debt will not be cancelled

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No. It would be monumentally stupid to spend that much money for such a small portion of the population. 
 

Only 14% of the adult population actually has student loan debt. Hell, only 54% of college students actually have student loan debt, and the average student loan debt is around $35k per person that has it. 
 

It’s a stupid idea that the progressives use to win over their elitist coastal base. The better option would be to put @vikas83 and @TEW in a room for a week and whatever they hash out is the new US student loan policy. 

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Remember I’m not asking if it’s a stupid policy, I’m asking if the government will actually do it

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3 minutes ago, Bill said:

It’s a stupid idea that the progressives use to win over their elitist coastal base.

Coastal elites aren't the ones with massive student debt, so how would it win them over? And they already vote Democrat anyway.

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Just now, EaglesRocker97 said:

Coastal elites aren't the ones with massive student debt, so how would it win them over? And they already vote Democrat anyway.

In case you haven’t noticed in American politics both parties use stupid ideas to tickle the nads of their fringes. 

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Just now, Bill said:

In case you haven’t noticed in American politics both parties use stupid ideas to tickle the nads of their fringes. 

Ok, but coastal elites aren't the fringe.

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4 minutes ago, Bill said:

No, but their children are. 

Maybe, at least to an extent, but their kids don't have debt because mommy and daddy finance their education with straight cash, homie. So, why would cancelling student debt appease them? Again, those people are going to vote for the Democrats anyway.

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Those who did not vote for Biden and called the election rigged are not allowed to take advantage of Biden policies. Sorry

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Honestly, right now i have enough money from an estate coming my way to pay off my student loans.... i'd like to do that but i also don't want to be pissed off if, within 6 months, part or all of the debt is forgiven. 

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6 minutes ago, Smokesdawg said:

Honestly, right now i have enough money from an estate coming my way to pay off my student loans.... i'd like to do that but i also don't want to be pissed off if, within 6 months, part or all of the debt is forgiven. 

Same question I have.  I don’t want to pay for school if the dems are about to come along and forgive the loans

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41 minutes ago, Seventy_Yard_FG said:

Remember I’m not asking if it’s a stupid policy, I’m asking if the government will actually do it

No. Moscow Mitch will block anything and everything. 

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16 minutes ago, Seventy_Yard_FG said:

Same question I have.  I don’t want to pay for school if the dems are about to come along and forgive the loans

So you are just another lib looking for a free handout? F'ing commie

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14 minutes ago, Boogyman said:

So you are just another lib looking for a free handout? F'ing commie

You’re right as a good Republican I should just accept it when the libs trample all over my rights and give my money to someone less deserving

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Just now, Seventy_Yard_FG said:

You’re right as a good Republican I should just accept it when the libs trample all over my rights and give my money to someone less deserving

Self important too? Thats a bad look.

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46 minutes ago, Boogyman said:

Self important too? Thats a bad look.

No surprises there. Their entire worldview is shaped by egotism, arrogance, and selfishness. But the logical inconsistency with which they argue against these kinds of things is truly laughable. Where are these guys when their wealth is systematically re-distributed to the 1% and Fortune-500 companies through corporate bailouts and the tax code? Talk about less deserving...

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2 minutes ago, EaglesRocker97 said:

Their entire worldview is shaped by egotism, arrogance, and selfishness. No surprises there, but the logical inconsistency with which they argue against these kinds of things is truly laughable. Where are these guys when their wealth is systematically re-distributed to the 1% and Fortune-500 companies through corporate bailouts and the tax code? Talk about less deserving...

That’s exactly the excuse you people grasp for and I understand why it’s so effective, but I never authorized my money to go to corporate subsidies

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1 hour ago, Bill said:

It’s a stupid idea that the progressives use to win over their elitist coastal base. The better option would be to put @vikas83 and @TEW in a room for a week and whatever they hash out is the new US student loan policy. 

Vikas: "We end government backed loans, encourage colleges to tier their cost based on market value of the degree and/or offer income based repayment plans"

TEW: *double fisting whiskey* maybe black people just don't get to go to college?

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2 minutes ago, Seventy_Yard_FG said:

That’s exactly the excuse you people grasp for and I understand why it’s so effective, but I never authorized my money to go to corporate subsidies

Stop begging for free money you socialist pig.

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Coastal elites who went to private school for K-12 aren’t the ones with student loans ftr

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7 minutes ago, Seventy_Yard_FG said:

That’s exactly the excuse you people grasp for and I understand why it’s so effective, but I never authorized my money to go to corporate subsidies

But you don't complain about it like you do other bailouts. You're the kind of person who only takes issue with wealth redistribution when it goes from the top down, never when it's from the bottom up.

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4 minutes ago, EaglesRocker97 said:

But you don't complain about it like you do other bailouts. You're the kind of person who only takes issue with wealth redistribution when it goes from the top down, never when it's from the bottom up.

He wants handouts like all the other socialists that do not want to work for it are asking for. Its pathetic.

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