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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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To: Red in Blue PA

With this in place, the government will be able to tell you what you will have as a major. You will be assigned to certain “fields” with shortages. Think medical professional with capped pay.

Our name is Equiality 7-2521,


181 posted on 03/30/2010 10:37:31 AM PDT by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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To: CSM
I know what you mean, why work hard to see everyone else just suckle the gov’t teat.

America's Quiet Anger http://www.freerepublic.com/focus/f-news/2482897/posts

182 posted on 03/30/2010 10:40:06 AM PDT by listenhillary (Capitalism = billions raised from poverty, Socialism = billions reduced to starvation)
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To: Red in Blue PA

He needs a slave class.


183 posted on 03/30/2010 10:42:08 AM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Nickname

“Or do they tell me what to buy, wear and eat based on my income?”

No, they will tell you what to buy, wear and eat because they now have more interest in your physical being than you do.


184 posted on 03/30/2010 10:42:59 AM PDT by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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To: CSM

Until you hit 65 and then you’re just consuming valuable resources and using too much expensive medical care.


185 posted on 03/30/2010 10:44:31 AM PDT by listenhillary (Capitalism = billions raised from poverty, Socialism = billions reduced to starvation)
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To: CSM

LOL, I know. I sent our census back yesterday with the number of people in our house and that was it. I’m such a rebel :)


186 posted on 03/30/2010 10:46:21 AM PDT by Hoosier Catholic Momma (Arkansas resident of Hoosier upbringing--Yankee with a southern twang)
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To: Red in Blue PA

187 posted on 03/30/2010 10:46:23 AM PDT by Lmo56
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To: mojitojoe
No.

My son, who is an an American, stayed longer in Indonesia than Obama did, but I doubt you would find much info on him either.

188 posted on 03/30/2010 10:48:36 AM PDT by Jakarta ex-pat
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To: lunarville

“I wonder if you would get approved if you wanted the loan for Hillsdale College?”

Hillsdale College will not accept payments from a government loan.


189 posted on 03/30/2010 10:51:13 AM PDT by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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To: Lazamataz

“Where’s mine? I went to school a while ago. Where’s my forgiveness?”

If you could afford to pay back your school loans, you obviously can afford to pay for someone else’s now. See how it all works?


190 posted on 03/30/2010 10:53:15 AM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: Red in Blue PA

fum his stash.


191 posted on 03/30/2010 10:59:29 AM PDT by ichabod1 (Can around 25-30% moonbat base really steal the country from us and hold it?)
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To: NoExpectations
"Then they discussed the fact that you get grants and no loans, because heck, you’ve got to pay those back! “No way am I going to pay back any money!!”

This is a culture and a way of life (4th generation welfare/public assistance) that has saturated society today, whereas "whitey" is made to pay to buy these folks' favor and un-ending Democrat votes. Drug money to spend (from "whiteys'/rich folks) that is constantly being handed to these parasites, and 70% illegitimate birthrates without fathers to be made to support them. The support is laid onto all the working people, while the lifestyle is defended by SCREAMING racism if you point it out.

I think EVERY Democrat should be forced to live in Detroit, Cleveland, Philadelphi, Los Angeles, New York, etc. inner cities to be with those that they want as "supporters".

This country is in ruins due to favoring buying support of illegals, minorities, and fringe group lifestyle wacko's.

192 posted on 03/30/2010 10:59:29 AM PDT by traditional1 ("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: avacado

I spect he doesn’t know what discretionary income is. Good catch.


193 posted on 03/30/2010 11:00:36 AM PDT by ichabod1 (Can around 25-30% moonbat base really steal the country from us and hold it?)
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To: Red in Blue PA

Why did any of us bust our tail working through college? 0bama is creating a nation of lazy mind-dead We people.


194 posted on 03/30/2010 11:03:01 AM PDT by Clock King (There's no way to fix D.C.)
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To: Red in Blue PA

This is a payback to academia. Liberal universities will now be able to hike their fees indefinitely and we get to pick up the bill.


195 posted on 03/30/2010 11:04:59 AM PDT by the_Watchman
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To: norton

hey, “jobs created”- government jobs

to offset all the private jobs lost in the banking industry, the people who used to administer student loans,

and the jobs of people who sold the things those people used to buy...etc etc etc


196 posted on 03/30/2010 11:07:10 AM PDT by silverleaf (Karl Marx was NOT one of America's Founding Fathers)
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To: downtownconservative

Maybe its time to register as a democrat.


197 posted on 03/30/2010 11:11:04 AM PDT by ichabod1 (Can around 25-30% moonbat base really steal the country from us and hold it?)
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To: Red in Blue PA; avacado

There is already a cap on student loan repayments based on discretionary income. The Reconciliation Act just lowers the cap from 15% to 10%.

“Discretionary income” is defined as adjusted gross income minus 150% of the poverty level (based on family size). If your hypothetical doctor did what you suggest, his consulting fees would be part of his adjusted gross income, just as it would be for tax purposes, and he wouldn’t reduce his loan payments by a cent.


198 posted on 03/30/2010 11:14:51 AM PDT by The Pack Knight (Duty, Honor, Country)
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To: goodnesswins

We’ll be living in unheated caves by then, or our abandoned autos.


199 posted on 03/30/2010 11:15:16 AM PDT by Merlinator (Take them all down...one czar at a time FUBO)
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To: The Pack Knight; Red in Blue PA; avacado

I should add that “discretionary income” is just a phrase Obama used. It doesn’t appear in the language of the Reconciliation Act on student loans or in the existing statute it amends.


200 posted on 03/30/2010 11:18:22 AM PDT by The Pack Knight (Duty, Honor, Country)
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