Having to pay these guys for their degrees in gender studies...
And that's not right.
Posted on 09/12/2022 8:16:04 AM PDT by ChicagoConservative27
Joe Biden’s plan to cancel up to $20,000 in student loans will cost taxpayers an average more than $2,500 per year, according to the National Taxpayers Union Foundation.
The National Taxpayers Union Foundation estimates that debt cancelation could cost between $386 billion and $405 billion in net costs to taxpayers. That works out to an average per taxpayer of $2,503.22.
(Excerpt) Read more at breitbart.com ...
Buying votes ain’t cheap
REDISTRIBUTION OF WEALTH, from the worksters to the wokesters.
Taxation without representation!
I have issues paying for democrat vote buying schemes that I am forced to pay for.
Was reading that California is going to tax the loan payoff
funds.
Maybe Biden can pay that too.
What a mess.
Middle class will pay it. They vote. Those that don’t pay taxes won’t care. That’s 45%. Mittens said 47%. It’s what we’re up against.
Graduate X would see her loan balance go from $7000 to $0.
Graduate Y would see her loan balance go from $217000 to $197000 (or $207000).
Having to pay these guys for their degrees in gender studies...
And that's not right.
A more rational scheme might insist on college paydown matching.
The $217,000 gal might get $30,000 in help from her alma mater matched by $30,000 in federal funds.
This makes the forgiveness more need-based and brings in matching college help, so its not all on the taxpayers.
Harvard can afford to kick in $30,000.
A small price to pay to make the U.S. the world leader in Underwater Basket Weaving.
AGREE. WE ALL KNOW WHO PAYS FOR THESE HANDOUTS INCLUDING ALL ILLEGALS. We used to demand they assimilate. They do very little except take construction jobs from real Americans. Obama and Biden have trashed this country that most of my Rhade yards plus 1 SF 1LT and 3 great NCO’s died for on 24 April 69. A CPT lost his right eye and the other 1LT was burned badly from NAPALM he called in. Our military has been trashed by LGBT and WOKE BS. Non of these pukes in Congress have really served America.
A small price to pay to let the Democrats increase their love index with the TikTok generation.
If you want to graduates to be able to buy a house, the federal government could suspend loan repayment until paycheck period buyer income increases exceed the loan repayment amount(s) for the period.
If the homebuyers have $110,000 in annual income and $13,000 in loan payments, they would not have to start repaying until their annual income is at least $123,000.
I’m just putting this out as a possibility. In my day, we paid, period.
> will cost taxpayers an average more than $2,500 per year <
That calculation certainly does not include the inevitable fraud and mismanagement. So I’m guessing that the final number might be closer to double that.
And the smile on Chris’s face in perfect.
“is” perfect, unlike my response.
“Obstructing an official proceeding is a felony under U.S. federal law. It was enacted as part of the Sarbanes–Oxley Act of 2002 as a reaction to the Enron scandal, and closed a legal loophole on who could be charged with evidence tampering by defining the new crime very broadly. It later became known for its use as a charge against defendants associated with the 2021 U.S. Capitol attack for attempting to obstruct that year’s Electoral College vote count.”
https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act
I found that while searching for the requirement that mortgagees must lend only to mortgagors likely to be able to repay.
I think that students loans above $10,000 in any one calendar year or on top of $50,000 should also be subject to repayment ability analysis.
The wires seem to go all over the place.
I think that is frowned upon by the National Electric Code.
And that’s including the people who would get the paydowns.
And no one sees the irony with this? Especially the LSM?
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