More obama-money!
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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: 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: 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: 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: 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: Red in Blue PA
Geez, that makes all of us who paid back our loans in full with interest feel real good.
22 posted on
03/30/2010 8:52:58 AM PDT by
norraad
("What light!">Blues Brothers)
To: Red in Blue PA
It's gonna be just like Christmas every day!
Lawzy!
Massa Obama is the bes massa I done evah had!
24 posted on
03/30/2010 8:53:21 AM PDT by
onemiddleamerican
(FUBO - and all your terrorist buddies, too!)
To: Red in Blue PA
Where’s mine? I went to school a while ago. Where’s my forgiveness?
25 posted on
03/30/2010 8:53:38 AM PDT by
Lazamataz
("We beat the Soviet Union. Then we became them." -- Lazamataz, 2005)
To: Red in Blue PA
Certain students, of course. Just sayin.
To: Red in Blue PA
"New borrowers who assume loans after July 1, 2014, will be able to cap their student loan repayments at 10 percent of their discretionary income and, if they keep up with their payments over time, will have the balance forgiven after 20 years."
An attempt to kill the profit motive in a capitalist society. Also an attempt to mollify medical professionals for the impending low wages under Obamacare.
28 posted on
03/30/2010 8:54:05 AM PDT by
LostInBayport
(2010 - The Second American Revolution. The first shot was fired 1/19/2010 -- here in Massachusetts!)
To: Red in Blue PA
I still remember the day when I walked into a Bank in Bradenton, FL 4 years after I graduated from college ... with my new wife and baby and handed them a check that finally paid off my student loan. It was a huge moment for us and an expensive moment. But we did it. Now ask me again if I think getting out of a student loan is fair!
All we are doing is teaching these kids, Obama's stash will take care of it ... not to worry. With no "lessons" nothing is "learned."
29 posted on
03/30/2010 8:54:22 AM PDT by
ThePatriotsFlag
(http://www.thepatriotsflag.com - The Patriot's Flag)
To: Red in Blue PA
10 percent of their discretionary income So basically, you need to make sure you buy or rent a living space expensive enough to maximize your non-discretionary spending, so you make the absolute minimum student loan payments for 20 years. Then the debt disappears!
Or more acurately, your debt gets paid by other Americans, which is free money to you.
30 posted on
03/30/2010 8:54:34 AM PDT by
dead
(I've got my eye out for Mullah Omar.)
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