Posted on 11/10/2022 10:53:27 AM PST by ChicagoConservative27
Wednesday, the anchors of CNBC’s “Money Minute,” a segment on “NBC Now” streaming news platform, discussed a recent survey from Intelligent.com. that found 73% of President Biden’s student debt forgiveness anticipated recipients say they will spend the extra income on non-essential items including dining out and travel.
Anchor Deirdre Bosa said, “It could be easy as well for some people to enjoy travel and eating out rather than worrying about the future. One financial coach tells CNBC.com that you should not use the loan forgiveness only for long-term goals because your short-term self might get frustrated.”
She added, “Try to achieve a balance that lets you also invest in your future.”
(Excerpt) Read more at breitbart.com ...
A gift to already affluent slackers and wealthy on the backs of working class.
And morons who like this think it’s social justice..think they are for the poor and working class.
It’s graft plain and simple.
So more people buying stuff will have what effect on inflation?
Freebies from Daddy Biden in order to buy votes and they use OUR money to dine out..and when the money runs out, the young commie douche bags will just scream for more
So NOT on paying off the loans? Figures.
Your tax dollars at work
is CNBC endorsing these people partying and traveling on the taxpayer’s dime????
I read that 25 million signed up to receive loan forgiveness and that those 25 million were probably a block vote for democrats as the word was out that the Republicans were going to kill the program. I hope they do!!!.
When the Courts get through with this illegal insertion of Federal legerdemain into a private transaction between over-educated idiots and lenders, there won’t be any college tuition bailouts. But there will be 24 million pissed off snowflakes who will blame the Fed - that is, Biden - for taking away their dreamers of more free stuff.
Left hand: Debt.
Right hand: More Debt.
Of course…
Election statistics point to Gen Z voting Democrat as the reason for the red wave failure. Biden buying votes with other people's money. The damage is done. We're stuck with another 2 years of defective governance.
One Gen Z Twitter poster was reveling in the contribution to electing Democrats. She said she deserves a "place at the table" for this contribution. Hey sweetie...food and fuel shortages are going to happen because of the Democrats you elected and re-elected. You're not getting a seat at my table. Perhaps someone else will feed you.
Try lotto , booze, cigarettes and drugs
In a more sane world, banks would decide whether or not to give a student loan, and on what terms, based on what the applicant intended to study. In a more sane world, banks would monitor the student's performance in his chosen course of study to determine whether or not to continue giving a loan, and on what terms. An engineering student, for example, would be more likely to receive a loan than a gender grievance studies student.
Many people get a graduate degree paid for by their employers. Generally, the degree must be in some course of study relevant to the employer and the student must maintain a minimum "B" average.
Biden giveth ... Biden taketh away. Mostly taketh away unless he needs to buy your vote.
...anticipated recipients...
How are they going to spend "anticipated" money?
So, it’s really just a stimulus check?
F*****g bums.
I’ll wager everything I own that the respondents are lying here. They will,in fact,be spending it on “medical” marijuana and having their man buns trimmed.
Let’s get that inflation up….
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