Student Loan Forgiveness

@kellyjay said
A benefit and a discharge of debt someone signed up for is not the same thing. People had their wages garnished to pay back student loans, they had tax returns withheld to pay back student loans. No one made them take on the debt, unlike tax burdens it doesn’t fall on people out of the blue. When you sign on to the military that too is voluntary except when the draft is implemented.

Actually, it is the same thing; it's something the government gives you to your advantage. The fact that prior individuals didn't receive the same benefit is not a valid argument against bestowing it now.

These people essentially had the take on the debt or forego the chance of getting a better education. These aren't the kids of the wealthy who didn't face such an agonizing choice, but the sons and daughters of working class and middle class families. Forgoing some miniscule revenue in the future from these people (about .5% of yearly total government receipts) so that they can more easily pay their bills and perhaps start businesses and families is a wise and humane policy.

@kellyjay said
Yes, it takes away taxpayers money and what it doesn’t have on hand obligates future money will be taken away from taxpayers. Small wonder they are arming IRS agents now, soon they will be able to take all you have and your life. Trillions in debt! 🤯 The government needs it’s money!

Why are you then specifically complaining about this debt forgiveness? What makes this $60 billion unique compared to, say, giving the same amount in handouts for farm industries?

@wildgrass said
Why are you then specifically complaining about this debt forgiveness? What makes this $60 billion unique compared to, say, giving the same amount in handouts for farm industries?

There is an old fashioned way of handling debt someone takes on, it’s a process that involves personal responsibility by getting a job and working it off.

If you think subsidies should not be given why stop at farmers?

@no1marauder said
Actually, it is the same thing; it's something the government gives you to your advantage. The fact that prior individuals didn't receive the same benefit is not a valid argument against bestowing it now.

These people essentially had the take on the debt or forego the chance of getting a better education. These aren't the kids of the wealthy who didn't face such an ago ...[text shortened]... n more easily pay their bills and perhaps start businesses and families is a wise and humane policy.

"These people essentially had the take on the debt or forego the chance of getting a better education.'

And you think it is quite alright for the ones that had to "forgo' an advanced education to help pay for those that didnt "forgo' an advanced education.

Liberal lunacy at its worst.

@mott-the-hoople said
"These people essentially had the take on the debt or forego the chance of getting a better education.'

And you think it is quite alright for the ones that had to "forgo' an advanced education to help pay for those that didnt "forgo' an advanced education.

Liberal lunacy at its worst.

Sure, a better educated populace is a positive externality that helps society as a whole:

"Education's external benefits are social benefits that spillover to benefit others in the society and future generations. These include lower government health, welfare, and prison costs; strengthened democracy, human rights, political stability, and social capital; less crime and poverty; environmental benefits; better international competitiveness; new ideas and diffusion of technology. These set the stage for new development within families and nations."

https://www.researchgate.net/publication/286620724_The_External_Benefits_of_Education

Forgoing a modest amount of future revenue from debt payments of working and middle class people to the government is likely to have societal benefits well in excess of such overall small payments (less than .5% of Federal government receipts).

@no1marauder said
Sure, a better educated populace is a positive externality that helps society as a whole:

"Education's external benefits are social benefits that spillover to benefit others in the society and future generations. These include lower government health, welfare, and prison costs; strengthened democracy, human rights, political stability, and social capital; less crime an ...[text shortened]... nefits well in excess of such overall small payments (less than .5% of Federal government receipts).

LMFAO...you libs are pityful

tell that to the little old lady trying to put food on her table, and will probably freeze this winter.

@mott-the-hoople said
LMFAO...you libs are pityful

tell that to the little old lady trying to put food on her table, and will probably freeze this winter.

Thankfully, because of social programs "libs" put into place that right wingers bitterly opposed and still want to do away with, that little old lady will have ample governmental support.

@no1marauder said
Thankfully, because of social programs "libs" put into place that right wingers bitterly opposed and still want to do away with, that little old lady will have ample governmental support.

it is going on as we speak...where is all this support? oh my bad, the support is going to affluent white folks

@mott-the-hoople said
it is going on as we speak...where is all this support? oh my bad, the support is going to affluent white folks

LMAO! Is that what they are telling you on the right wing propaganda sites?

@kellyjay said
Yes, it takes away taxpayers money and what it doesn’t have on hand obligates future money will be taken away from taxpayers. Small wonder they are arming IRS agents now, soon they will be able to take all you have and your life. Trillions in debt! 🤯 The government needs it’s money!

Render unto Caesar, dude. Says so in your own favorite Book.

@no1marauder said
LMAO! Is that what they are telling you on the right wing propaganda sites?

"The official poverty rate in 2020 was 11.4 percent, up 1.0 percentage point from 10.5 percent in 2019. This is the first increase in poverty after five consecutive annual declines (Figure 8 and Table B-4)."



https://www.census.gov/newsroom/stories/poverty-awareness-month.html

@mott-the-hoople said
"The official poverty rate in 2020 was 11.4 percent, up 1.0 percentage point from 10.5 percent in 2019. This is the first increase in poverty after five consecutive annual declines (Figure 8 and Table B-4)."



https://www.census.gov/newsroom/stories/poverty-awareness-month.html

You do realize it is not 2020?

@no1marauder said
You do realize it is not 2020?

that is the most recent data from the gov census

you do realize it proves my point?

https://www.povertycenter.columbia.edu/news-internal/monthly-poverty-february-2022

@kellyjay said
If you had to borrow the money to loan me the money, and my debt is canceled
yours isn't.

Someone loans you money and your debt is canceled?

Republicans now live in grifter world.

@kellyjay said
A tax cut is not paying back a debt you signed up for willing.

No, it's still "FREE MONEY!!!!1!"