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Canceling student loans


shoshin

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You see when you give everyone money thus shifting our AD curve that will lead to CPI increases but if we target this to our core voter demographic it won’t significantly do so - sure ultimately it will make college degrees as worthless as high school degrees but ***k it we can’t do Econ we’re just control freaks worried about power.  

 

 

 

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On 5/14/2024 at 7:34 AM, BillStime said:

🎯

 

 

Well, they do have a point ...

... you might add "Florida homeowners subsidized by the State of Florida because they bought homes in flood-prone areas." And many other favored classes benefiting from government programs.

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39 minutes ago, The Frankish Reich said:

Well, they do have a point ...

... you might add "Florida homeowners subsidized by the State of Florida because they bought homes in flood-prone areas." And many other favored classes benefiting from government programs.


The keepers do not want the cult focused on socialism for the rich.
 

Despite having loved ones who would benefit from student loan relief, they are well-trained.

 

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Literally being crushed. Literally being crushed...

 

At least someone called her out.

 

By what? 

 

A truck? A trash compactor? A rockslide? Pallets of printed money?

 

What are people with student loan debt LITERALLY being crushed by?

 

Oh you meant financially, but only said so when called out on it.

 

 

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56 minutes ago, Big Blitz said:

You see when you give everyone money thus shifting our AD curve that will lead to CPI increases but if we target this to our core voter demographic it won’t significantly do so - sure ultimately it will make college degrees as worthless as high school degrees but ***k it we can’t do Econ we’re just control freaks worried about power.  

 

 

 

I recognize the dog and pony aspect of these press conferences, and I have no major issue with this KJP anymore than any other.  

 

She sounds like a complete a$$wipe here.  First, the pretend confusion on the question is cringeworthy.  As in...wait...$35,000..what? If she didn't follow the question, she's a moron.  If she did follow the question and thought pretend confusion was the play, she's a bigger moron.   Finally, the "...literally...crushed..." by a $35,000 loan is absurd for the vast majority of borrowers. 

 

Consumerfinance.gov suggests an average federal loan rate is between 5.50-8.05%, average term is 10 years.  On the high side, that 's $425/month.    The same site suggests private loans range from 4.15% - 15.70%, for a monthly high side payment of $579.

 

In this case, the best answer to the question about 'other Americans' from this administration and dems in general is "We don't care about them.". 

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12 minutes ago, leh-nerd skin-erd said:

I recognize the dog and pony aspect of these press conferences, and I have no major issue with this KJP anymore than any other.  

 

She sounds like a complete a$$wipe here.  First, the pretend confusion on the question is cringeworthy.  As in...wait...$35,000..what? If she didn't follow the question, she's a moron.  If she did follow the question and thought pretend confusion was the play, she's a bigger moron.   Finally, the "...literally...crushed..." by a $35,000 loan is absurd for the vast majority of borrowers. 

 

Consumerfinance.gov suggests an average federal loan rate is between 5.50-8.05%, average term is 10 years.  On the high side, that 's $425/month.    The same site suggests private loans range from 4.15% - 15.70%, for a monthly high side payment of $579.

 

In this case, the best answer to the question about 'other Americans' from this administration and dems in general is "We don't care about them.". 

KJP's example was absurd. Someone who hasn't paid off a loan after three decades?

I consolidated/refinanced my loans over a 30 year term; paid off in about 23

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This is KJP's poster child. Paying off her student loan debt for 30 years until it was forgiven by Biden earlier this year.

No explanation of how much debt, why it was extended over a 30 year term yet somehow she still had a balance remaining, what degree(s) she got and how she's using them, and why this loan forgiveness will finally allow this (apparent) 50-something person to finally achieve her dreams.

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2 hours ago, The Frankish Reich said:

KJP's example was absurd. Someone who hasn't paid off a loan after three decades?

I consolidated/refinanced my loans over a 30 year term; paid off in about 23

Everyone writes their own story in this regard.  Community college, stay at home, go away, SUNY, private, undergrad, advanced degrees, law school, medical school….whatever.  Some people have bad breaks, some make bad choices, some squander opportunity, some make the most of it. 
 

This was disingenuous and she looked like a moron. 

 

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2 hours ago, leh-nerd skin-erd said:

Everyone writes their own story in this regard.  Community college, stay at home, go away, SUNY, private, undergrad, advanced degrees, law school, medical school….whatever.  Some people have bad breaks, some make bad choices, some squander opportunity, some make the most of it. 
 

This was disingenuous and she looked like a moron. 

 

Ya this bothers me more than 2 SCOTUS justices standing behind Jan 6th.  🙄

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45 minutes ago, daz28 said:

Ya this bothers me more than 2 SCOTUS justices standing behind Jan 6th.  🙄

There are other things that bother me more than this lady’s pandering, too.  But I replied to a video clip of this lady pandering.  

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Just now, Gregg said:

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Imagine taking out a loan that you don't even start paying for years, but it starts building interest the second you sign.  Then when you start paying, you don't actually pay the minimum (still just paying interest and not even touching the actual debt).  Then Biden comes along and fixes it by making the amount one pays even smaller.  Making the problem worse.

 

 

 

Jubilee for all, or Jubilee for none

 

 

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