Posted on 11/09/2023 9:17:22 PM PST by SeekAndFind
“”About $200 billion of that cost will come from payment reduction for the $1.64 trillion in loans already outstanding in 2023,”
“$275 billion, comes from reduced payments for about $1.03 trillion in new loans that we estimate will be extended over the next 10 years”
Does anyone here buy this “creative” explanation? How does reducing payments on existing loans, suddenly turn into free money? Only Marxists could come up with a plan like this.
If the loans are so unfair, why aren't the lenders being penalized with only partial payback -- they made the profits, why is the taxpayer being hit?
More votes make election fraud easier and more believable.
Ill say it again, this is for the woke activist floyd army BLM and a form of reparations for people of color. Whitie need not aply if you are employed and neither of these two groups
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Don’t hire anyone who has their student loans forgiven.
My thoughts exactly...... Question, can we have the save program for Taxes?
I always had to pay loans back personally;none of it was paid back through a government grant.Now I didn’t make any money while working, didn’t go to college so there was no student loan to pay back. Now I am retired & drawing S.S. It is just now starting to balance out....a little.
“The GOP has to get out in front of this.”
They’re not capable of that. If they were ... it would not have got THIS far.
I am sure the GOP is a dead letter. They represent absolutely no one. They only get into ‘politics’ to ride the gravy train and it doesn’t matter to them WHICH party they avow. Issue resolution is completely incidental to them because they get ‘paid’ no matter how things turn out!!
I am sure they qualify for orher low income programs from the government and companies as well.
Watching Pauly Shore’s “Jury Duty” right now and his character perfectly captures the mindset of too many career-minded political types: covered expenses, staff paid for by government, picking and choosing assignments with behavioral reactions to questions.
My stupidly honest way of going through life trying to not lie has set me free...a few times getting me fired and accused of things I didn’t do that were done by...dishonest liars. Now that God has allowed me a pause to respond (larynx gone to cancer so must write), the scales are slightly more balanced. But still peoples’ capacity for deviousness continues to beat my intellect too often.
Silly me, growing up with Christian moral values and expecting others to be civil and upstanding.
I sleep well on bedding that could use upgrading while others sleep poorly on the best.
I never took out a student loan, but I have had other loans. Loans are legal agreements for the lender to lend money in exchange for a re payment over time. There is a lot of legalese in these loans. Ignorant question, but do student loans have a requirement to be paid back? If Biden or whoever is running the govt is changing the terms of the deal, then what is the point in paying back any loan?
My first... and really the only question I have in all this mess. Exactly what Demographic is the majority of the payout going to??...
Something tells me I already know the answer...
“Don’t hire anyone who has their student loans forgiven.”
Why? The forgiveness was automatic, no choice in the matter. There was no applying for the forgiveness.
I can’t see how anyone in government, resident usurper included, can forgive loans of any kind outside of federal types. One more reason to see him stumble up stairs one last time before the long-deserved short drop.
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