Let the progressives pay their student debts like everybody else has had to. Just like aoc, quick to spend other people”s money, they are too lazy to work for a living,
So if you partied for 3 years at college, got drunk every night, went on spring breaks, pulled a low GPA, and didn’t graduate, but racked up $50k in debt, I need to pay for it?
Biden to the college students: “Your job in the revolución is over. See Ya!”
Seems like we are moving out of Shock and Awe and into reality when the Dems are going to be fighting each other big time.
Helicopters to start dropping cash next week?
JoeJoe gotsa plan. De plan boss de plan.
ROTF!!!
I have one word for the people who thought Deep State would deliver on this: suckers.
How about car loans,home improvement loans?
How about abolishing Congress ? Look at the cash we can save there
This should count as income, so they can pay taxes on the “gift.”
None of these economically illiterate dopes ever do a cost/future value analysis.
“If I incur an up front cost of $100K, what is the future benefit? Will I break even?...”
Here is a question: If my $50k student loan is forgiven, isn’t that imputed income and therefore a taxable event?
After graduating, my daughter and S-I-L paid off $60,000 is student loans in three years. They ate rice and beans to be able to do it. Don’t think they’re going to feel too good about this proposal.
How about they sign up for a stint in the military?
$25K in loan forgiveness for each year.
Trump didn’t do a very good job on holding the line on spending, but these nitwits are going to tank the economy to Weimar levels...
Student debt is rough, but I believe that it should be allowed to be partially discharged in bankruptcy proceedings — it’s almost impossible to do that now — just like other debts.
I can’t believe that I’m saying this, but Slow Joe was right to dump the forgiveness idea. He should submit suitable bankruptcy legislation pertaining to student loans to Congress.
Progressives = Slackers & Deadbeats
Someone needs to do an analysis of the difference between COMPOUNDED INTEREST & Amortized interest like a mortgage.
A friend of mine told me HER student load went to COMPOUNDED interest when Obama stole all the loans & Federalized them.
NO ONE can pay off those loans with COMPOUNDED INTEREST.
Then-—after those loans are recalculated, look again at whether those students need any kind of bail out under AMORTIZED interest.
Sorry, Jao, Congress is too busy trying to keep Trump from being buried in Arlington to do any actual legislation. Why else do you think they made you dictator?
I'm going to ask my banker about getting one of those loans that will get forgiven so I'll never have to pay it back. Sounds like a sweet deal.