Forgive student debt, yes or no?

[Guest]

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

[Guest]

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

[Guest]

@StickyBun said:

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

The dollar may look good compared to other shit currency,   but the cost of goods and services rising at record rates suggest otherwise.  Inflation is a direct sign of a shitty dollar,  if it were with more,  it would buy more.

[Guest]

@JimmyinSD said:

@StickyBun said:

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

The dollar may look good compared to other shit currency,   but the cost of goods and services rising at record rates suggest otherwise.  Inflation is a direct sign of a shitty dollar,  if it were with more,  it would buy more.

Inflation is NOT due to a 'shitty' dollar, lol. And the Euro is far from shit currency. Read and learn the causes:

https://www.washingtonpost.com/business/...on-causes/

[Guest]

@StickyBun said:

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

I definitely agree with being responsible with your money and making good choices, I did speak to that in my post. I don't think all student loans will be wiped out. There is way too much money being made off that. I agree that the money needs to go towards the education. I don't think you should get a pass because you bought other stuff like your example. It is definitely another divisive issue. I also mentioned that I think reform is needed because of cost of tuition and the loan system itself. I think there could be an argument made that there is predatory lending in college. It's fraud to not spend the money on college though. 

[Guest]

@StickyBun said:

@JimmyinSD said:

@StickyBun said:

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

The dollar may look good compared to other shit currency,   but the cost of goods and services rising at record rates suggest otherwise.  Inflation is a direct sign of a shitty dollar,  if it were with more,  it would buy more.

Inflation is NOT due to a 'shitty' dollar, lol. And the Euro is far from shit currency. Read and learn the causes:

https://www.washingtonpost.com/business/...on-causes/

if the dollar was worth more... we wouldnt be paying as much for goods and services.  inflation makes the dollar buy less, ie less valuable,  ie shitty dollar. if the dollar looks strong against another currency, but still doesnt buy near what it did a few months ago,   not only is the dollar worth less, ie less valuable, ie shitty.... then those other currencies that are weaker now than the US dollar are also shitty in comparison.

[Guest]

and then there is this....  hard to get really sympathetic when colleges are able to roll out the shit they do these days and call it an education.

[Guest]

@JimmyinSD said:

@StickyBun said:

@JimmyinSD said:

@StickyBun said:

@JimmyinSD said:

@Vikergirl said:
I am back and forth on this one. Tuition prices are ridiculous. Student loans are a racket. Reform is needed all around. And yet some people are just drowning in debt. I get that Bobby chose to study anthropology or even worse spent 7 years in college trying to find himself. Maybe he didn't know what he wanted to do. That's where mentorship and shadowing could help. I also think maybe some people need a gap year. There is a lot of pressure to prepare for college and if you don't know what you want, maybe waiting a year could help. I also get being responsible and making good choices. Don't take out more than you need and don't be stupid with the money. But we have bailed out the auto industry, banks and numerous other agencies, I am thinking giving some of the masses a break may be a good investment in the future. I especially like that those that were defrauded by some schools are getting their loans forgiven. Government is so quick to help corporations but when it comes to the majority of regular people not so much. 

Masses?  What % of the masses are we talking about here?   And do more wrongs make the wrongs of the last somehow less wrong?  It was wrong to bailout wall street, auto makers ( by the way Ford didn't take the money which is a big reason I now own all Ford vehicles) and people upside down in their home loans.  At what point to adults have to live with their bad choices?  And why is it that paying for those bad choice bailouts always come at the expense of the same group of people,  the working middle class of this country can't afford any more of this feel good bull shit,  not subsidizing a war effort,  not any of this shit,  if they think they have money to be pissing away... how about paying down our debt so that maybe when these kids do find a job for their worthless degrees they won't be buried with sky rocketing taxes and a dollar that isn't worth shit because the govt kept printing them to pay for stupid fucking people making their stupid fucking decisions other people's problems. 

Not sure why you think the dollar isn't worth anything, its at a 20 year high right now: https://www.pbs.org/newshour/economy/ask...the-dollar

The problem I have with bailing out student loans is the same problem I have any time Democrats want to tax and spend our money on social programs like this: there are exceptions that shouldn't be included. Some of these kids didn't even use their student loan money on college, they bought cars and vacations with it. Remember a few years ago when Bernie was running to be the Democratic candidate for President and he wanted to abolish all student loan debt? ABC News or somebody like that ran a story on a girl at a Sanders rally that held up a sign that said "$156,000 in student loan debt"...just a random person. It turns out this girl didn't spend any of the money on school and bought a bunch of personal shit. She just wanted to debt gone. 

Not a huge National Review fan but sometimes there's some nuggets in there, like this:
https://www.nationalreview.com/2022/08/b...-screw-em/

The dollar may look good compared to other shit currency,   but the cost of goods and services rising at record rates suggest otherwise.  Inflation is a direct sign of a shitty dollar,  if it were with more,  it would buy more.

Inflation is NOT due to a 'shitty' dollar, lol. And the Euro is far from shit currency. Read and learn the causes:

https://www.washingtonpost.com/business/...on-causes/

if the dollar was worth more... we wouldnt be paying as much for goods and services.  inflation makes the dollar buy less, ie less valuable,  ie shitty dollar. if the dollar looks strong against another currency, but still doesnt buy near what it did a few months ago,   not only is the dollar worth less, ie less valuable, ie shitty.... then those other currencies that are weaker now than the US dollar are also shitty in comparison.

Inflation devalues currency, that's how it works. Did you at all read the article giving the reasons for the rise in inflation? Or are you just stubbornly going to double down as usual? 

[Guest]

@JimmyinSD said:
and then there is this....  hard to get really sympathetic when colleges are able to roll out the shit they do these days and call it an education.

This doesn't have to do with anything. There's always been bullshit college courses, go online right now and look up any curriculum at any college and you'll find them. What we need now are less stupid memes in our lives.

[Guest]

@StickyBun said:

@JimmyinSD said:
and then there is this....  hard to get really sympathetic when colleges are able to roll out the shit they do these days and call it an education.

This doesn't have to do with anything. There's always been bullshit college courses, go online right now and look up any curriculum at any college and you'll find them. What we need now are less stupid memes in our lives.

point is... why should any tax payer be burdened with paying off the debt for others to take shitty courses on subjects that dont give them an employable degree.   and what we need right now is leadership that isnt looking to buy elections with more public debt on the back of the working class.   this is a stupid idea, just as about everything the dems have been pushing for the last decade plus, the repubs arent immune to shitty spending themselves, but the real dumbassery seems to be coming from the left in recent times.

once again,  the only conversation that should be taking place isnt about if we should be paying off these debts with public dollars,  the conversation should be how do we stop future students from getting into the same situations.   we did housing bailouts 14 years ago, and yet we are now once again sitting on another housing bubble ready to pop as people are into homes that they can no longer afford due to the inflation,  lets not repeat the same wasteful approach,  lets fix a broken system to prevent it from happening again.  but still the answer is the same,  these are adults that took on debt without considering the real consequences of their action,  rewarding bad choices is not a smart use of tax dollars,  especially when it is nothing more than an campaign ploy.  IMO this is not something Biden should be able to do without congressional action and hopefully it gets shot down soon.