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Obama Breaks Down Student Loan Overhaul (Student loans will be forgiven!!!!)
Foxnews ^
| 3/30/2010
| Staff
Posted on 03/30/2010 8:46:30 AM PDT by Red in Blue PA
click here to read article
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More obama-money!
To: Red in Blue PA
2
posted on
03/30/2010 8:47:47 AM PDT
by
ErnBatavia
(It's not the Obama Administration....it's the "Obama Regime".)
To: Red in Blue PA
The man must have a big stash somewhere...
3
posted on
03/30/2010 8:48:10 AM PDT
by
Abathar
(Proudly posting without reading the article carefully since 2004)
To: Red in Blue PA
tithing? no, just paying back a loan
4
posted on
03/30/2010 8:48:36 AM PDT
by
Voter62vb
To: Abathar
This guy is ruthless, he will say and do anthing to get people to like him
5
posted on
03/30/2010 8:48:53 AM PDT
by
truthbetold11
(truthbetold11)
To: Abathar
He’s good at the wealth redistribution game. We won’t be able to overturn this one.
6
posted on
03/30/2010 8:49:07 AM PDT
by
east1234
(It's the borders stupid! My new environmentalist inspired tagline: cut, kill, dig and drill)
To: Red in Blue PA
Evil is good and good is evil. And let us reward irresponsibility.
Dumb....and dumber.
7
posted on
03/30/2010 8:49:20 AM PDT
by
SumProVita
(Cogito, ergo...Sum Pro Vita. (Modified Decartes))
To: Red in Blue PA
what about those students before 2014???
I bet there are a lot of doctors with big student loans
To: Red in Blue PA
WTH ??? Is there a cap on how much they can borrow ???
9
posted on
03/30/2010 8:50:51 AM PDT
by
dinoparty
To: Red in Blue PA
"10 percent of their discretionary income" "discretionary income"? Are you kidding me! That makes it all meaningless!
10
posted on
03/30/2010 8:50:54 AM PDT
by
avacado
To: RummyChick
Pay as little as possible, and then have the remainder forgiven. Who knows? Maybe they will drop what people need to pay to .000001%.
Nothing surprises me anymore.
11
posted on
03/30/2010 8:51:08 AM PDT
by
Red in Blue PA
(Thinking of using 911 for protection? Google "Brittany Zimmerman")
To: Red in Blue PA
I like that ‘discretionary’ part - that means that if you spend all your money on a home and car you couldn’t afford if you were actually making the payments you should, your discretionary income will be so minuscule that you can get the 10% for the loan payments from under your sofa cushions.
12
posted on
03/30/2010 8:51:12 AM PDT
by
nina0113
To: ErnBatavia
Fannie Mae & Freddie Mac all over again....
13
posted on
03/30/2010 8:51:24 AM PDT
by
Mogollon
(Resistance to tyrants is obedience to God. -- Thomas Jefferson)
To: Red in Blue PA
“as well as supporting historically black and minority institutions “
Got that whitey?? Your day in the sun is OVER!
Good God.
14
posted on
03/30/2010 8:51:32 AM PDT
by
autumnraine
(You can't fix stupid, but you can vote it out!)
To: Voter62vb
10% of DISCRETIONARY income!!
A lot of people don't have much dicretionary income after paying utilities,rent or mortgage ,taxes,transportation,clothing, and food.
This is just another giant giveaway aimed squarely ay buying the votes of obama supporters.
15
posted on
03/30/2010 8:51:32 AM PDT
by
hoosierham
(Waddaya mean Freedom isn't free ?;will you take a credit card?)
To: Red in Blue PA
Slim’s a Chump, Volume 12
Paid back student loans on time on original terms.
This guy is really starting to tick me off.
16
posted on
03/30/2010 8:51:46 AM PDT
by
Tijeras_Slim
(Live jubtabulously! No moobs, please.)
To: Red in Blue PA
So if I understand this correctly, young people are now economically encouraged to stay in an expensive out-of-state or private college as long as they can, and rack up a massive student loan balance. When they graduate, they will basically be paying just interest because of the 10% cap, and that interest will be tax-deductible. After 20 years, the taxpayers will pick up the difference (probably through more debt pile on taxpayers).
This man has absolutely no clue about human nature and economics. The Americans who elected him are fools and they’ve destroyed our county.
17
posted on
03/30/2010 8:51:49 AM PDT
by
henkster
(A broken government does not merit full faith and credit.)
To: Red in Blue PA
“According to the White House,...”
Stopped reading right there...lol..they lie about EVRYTHING!
18
posted on
03/30/2010 8:52:04 AM PDT
by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: Red in Blue PA
"will have their loans forgiven after 20 years".....yeah, if we make it until then....
19
posted on
03/30/2010 8:52:09 AM PDT
by
goodnesswins
(The PLANTATION Party is at it again (the DEMS) ....trying to make slaves of everyone)
To: dinoparty
I want to borrow 2 billion dollars and get my education being a day trader.
20
posted on
03/30/2010 8:52:11 AM PDT
by
listenhillary
(Capitalism = billions raised from poverty, Socialism = billions reduced to starvation)
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