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Student Loan Forgiveness

Student Loan Forgiveness

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no1marauder
Naturally Right

Somewhere Else

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@kellyjay said
If you had to borrow the money to loan me the money, and my debt is canceled
yours isn't.
Who do you think the government is indebted to when it gives out a student loan?

w

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@averagejoe1 said
.But Wildgrass, it will make poor people dependent. Wildgrass? A 'genuous' response please? And elaborate about how the children of these poor people will turn out. If the children are dependents, how will they take care of the loser parents living under socialism.
Not poor people.

You reply to my point about how rich people benefit from government welfare programs by saying that poor people will become dependent.

Well..... do you see the issue? Rich people are dependent on the government handouts. Except instead of lining up at the homeless shelter, they donate billions to political campaigns and they hire lawyers and lobbyists at $800 an hour to wine and dine them.

Total lobbying spending was $3.7 billion. That is money spent with an expectation that the money is returned. People saddled with loans for a degree they never received don't have the ability to bribe Congress for PPP loans.

Everything from the going rate of an ear of corn to a gallon of gas to an interest rate is government dependent. The farmer loses money without the check from Uncle Sam, so he has to pay out the billions to make sure the checks keep coming back.

Marauder has pointed out multiple times that, in effect, federal loan forgiveness is like a tax break. We did it with PPP for the rich people. Now that it's poor people, it seems we have to do the moral handwringing about dependencies.

kmax87
Republicant Retiree

Blade Runner

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@averagejoe1 said
Which group is in more need of socialistic help.....losers who won't pay their tuition loans, or families with no college education who are behind 5 months on mortgage payments?
Both are in need Uncle Joe. Can I call you Uncle?

The person without the debt burden is motivated to work. And what happens when they work? They contribute more into the economy in goods consumed and taxes paid. With a debt burden that has no end in sight of ever being paid, they are probably not as motivated to work as much, so they will spend less into the economy which is bad for everyone.

People with mortgage stress are no less important to bail out than banks were. It would cost government way less to bail out a family and keep them participating in the economy than letting them fail and being an added burden to social services.

KellyJay
Walk your Faith

USA

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@no1marauder said
Who do you think the government is indebted to when it gives out a student loan?
Someone is paid money when the loan is given by a country that is doing all things
living off borrowed money. What is the national debt now? Exactly where do you
think this comes from?

Wajoma
Die Cheeseburger

Provocation

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@kellyjay said
Someone is paid money when the loan is given by a country that is doing all things
living off borrowed money. What is the national debt now? Exactly where do you
think this comes from?
Kelly you're talking to a brick wall with those guys, no debt is being forgiven, it's just been transferred to people that didn't take out the loan.

s
Fast and Curious

slatington, pa, usa

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@Wajoma
And YOU are SO well informed and not even an American. Wow.

s
Fast and Curious

slatington, pa, usa

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@AverageJoe1
In other words, you could care less about the analysis of a NOBEL PRIZE WINNER.
OF COURSE, since you OBVIOUSLY know more than all the NOBEL winners on the planet.

AverageJoe1
Catch the Train 47!

Lake Como

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@averagejoe1 said
Which group is in more need of socialistic help.....losers who won't pay their tuition loans, or families with no college education who are behind 5 months on mortgage payments?

AverageJoe1
Catch the Train 47!

Lake Como

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@averagejoe1 said
Which group is in more need of socialistic help.....losers who won't pay their tuition loans, or families with no college education who are behind 5 months on mortgage payments?
But this is the question . Which group needs help?
Can not one of you get away from the pack and answer it?

AverageJoe1
Catch the Train 47!

Lake Como

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@no1marauder said
If you mean you're far stupider than Joseph Stiglitz, you'll get no argument from me.

Every policy decision should be evaluated on its own merits, not compared to other hypothetical ones (ones which you would, of course, vehemently oppose if told to by the propaganda sites you rely on).

I prefer sticking to the subject at hand rather than veering off into whatever weird tangents your ranting and raving takes you.
You evade a simple point. Pay tuition loans of college grads, but tell FHA homeowners to gut it out.
Suzianne would wonder how your sleep with yourself.. So do I.

AverageJoe1
Catch the Train 47!

Lake Como

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@wajoma said
Kelly you're talking to a brick wall with those guys, no debt is being forgiven, it's just been transferred to people that didn't take out the loan.
Marauder in his many posts is saying the $600B that is being discussed by thousands of economists and politicians does not really exist. That is what I am getting from his pitiful posts.

Think I will take a break

AverageJoe1
Catch the Train 47!

Lake Como

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1 edit

@kmax87 said
Both are in need

The person without the debt burden is motivated to work. And what happens when they work? They contribute more into the economy in goods consumed and taxes paid. With a debt burden that has no end in sight of ever being paid, they are probably not as motivated to work as much, so they will spend less into the economy which is bad for everyone.

People w ...[text shortened]... em participating in the economy than letting them fail and being an added burden to social services.
"People with mortgage stress are no less important to bail out "Than Banks Were". What in the in the hell???? Marauder has been writing tripe like this all week.
Everyone, you are being swamped with lib confusion. This very post is an example.
You fellers are pitiful. All the homeless that King is writing about, families in dire straits with mortgages, more misery still coming, this is sad stuff. THAT is who the govt should help, but the libs here like Marauder, defending a president who cannot legally dictate (SONHOUSE!!! Look, a Dictator!) the forgiveness of student loans , thinks that college grads with jobs need to have loan help.
Giving that premise all the credibility that you can, how in the world can one respond to such stupidity?

w

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@averagejoe1 said
"People with mortgage stress are no less important to bail out "Than Banks Were". What in the in the hell???? Marauder has been writing tripe like this all week.
Everyone, you are being swamped with lib confusion. This very post is an example.
You fellers are pitiful. All the homeless that King is writing about, families in dire straits with mortgages, mor ...[text shortened]... g that premise all the credibility that you can, how in the world can one respond to such stupidity?
I actually think you're on to something Joe. If you have a job then you don't get govt assistance. Put the lobbyists out of work and focus on the truly needy.

kmax87
Republicant Retiree

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@averagejoe1 said

Everyone, you are being swamped with lib confusion. This very post is an example.
You fellers are pitiful. All the homeless that King is writing about, families in dire straits with mortgages, more misery still coming, this is sad stuff. THAT is who the govt should help, but the libs here like Marauder, defending a president who cannot legally dictate (SONHO ...[text shortened]... g that premise all the credibility that you can, how in the world can one respond to such stupidity?
Did you just have a stroke while writing this? You are against and for helping people at the same time. Ask someone to get you an MRI scan. You need one!

Mott The Hoople

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1 edit

@no1marauder said
Who do you think the government is indebted to when it gives out a student loan?
you inadvertently reveal the problem…the govt has no money, it is the taxpayer that is on the hook.

it is utterly stupid for you folks to defend free money going to people that make much more then you do. you in your 60,000 dollar job are being forced to give your money to someone making 125,000

talk about dumb as dirt!

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