The Morning Rant: Let’s Advance Conservative Goals With “Student Loan Forgiveness”

Student loan repayment is not going to come back as it was before Covid. That offends my principles, but it’s a fact. Now the challenge for us conservatives is to stop the Higher Education Industrial Complex from creating additional debt that will be foisted onto taxpayers. This is also a great opportunity to inflict some pain on the university cartel that is so hostile to normal Americans.

Some quick background - it was in March of 2020 that President Trump waved his magic wand and announced a 60-day suspension of payments and interest-accrual on federal student loans, due to Covid. It’s now more than two years later and that “payment pause” has effectively become permanent. Payment deferrals were most recently scheduled to expire on May 1, but in early April President Biden extended the pause for another four months, until 8/31/2022.

With Biden (or his handlers) believing that debt forgiveness will mitigate the election wipeout facing Democrats in November 2022, they are itching to make a move.

Biden administration signals a decision on student loan forgiveness could come soon [CNBC – 4/27/2022]

“Not a single person in this country has paid a dime on federal student loans since the president took office,” White House press secretary Jen Psaki said at Monday’s press briefing, referring to the suspension of interest on the debt. She went on to say that President Joe Biden “would make a decision about any cancellation of student debt before the conclusion of that pause on student loans.”

So what can be done? Above all else, make the colleges and universities pay for it. They pushed the bad debt on those young college students, and most of the money flowed to the universities.


Student debt - Carol Roth.JPG


The colleges HAVE a lot of money.


Student debt - Ned Ryun.JPG


Let’s embrace the idea that colleges and universities exploited naïve teenagers, and propose partial debt forgiveness funded by the universities’ mountains of cash.

Student debt - Inez.JPG

-----------

Student Debt - Sean Davis.JPG


There is going to be forgiveness of some sort, so let’s lead the charge so that we achieve some of our goals, including:

• Re-start debt repayment! Biden is never going to stop extending the payment pauses as things stand now. (Which makes me ponder a question for another day, is the part-time employee shortage at restaurants and retail establishments partially related to young Americans not having to repay their student loan debts?)

• Make the universities pay, not the taxpayers.

• Going forward, put 100% of the risk of any new student loan debt on the universities those students attend.

• Ensure that the ruling-class demographic still repays most of their debt.

• $0 forgiveness for graduate programs.


Student Debt by Degree Level.JPG


Over 50% of student debt is held by those who took out the debt for post-graduate degrees. Those borrowers can re-pay their own debt. They not only have the means, but they were not naïve teenagers when they took on all that debt to keep going to school. And if they took on all that debt to get a graduate degree that doesn’t result in a job that can re-pay their debts, they can always get a 2nd job.

If we play this student loan forgiveness situation smartly, perhaps capping forgiveness at $10,000 and only for undergraduate debt, the credentialed professionals will still have to repay most of their debt, the universities will take a financial hit, and the gusher of student-loan cash going to colleges gets permanently cut off. That is a much more desirable option than all debt being forgiven and being paid by taxpayers, with no structural changes, while we conservatives stand on the sidelines talking about our principles.

[buck.throckmorton at protonmail dot com]

Posted by: Buck Throckmorton at 11:00 AM




Comments

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1 oneth

Posted by: Gref at May 02, 2022 11:02 AM (AMIL/)

2 Sean Davis has the right idea

Posted by: kallisto at May 02, 2022 11:02 AM (DJFLF)

3 Good thing I didn't First!, since Gref is oneth

Posted by: kallisto at May 02, 2022 11:03 AM (DJFLF)

4 3 Good thing I didn't First!, since Gref is oneth

Posted by: kallisto at May 02, 2022 11:03 AM (DJFLF)


Nah, then you make another post saying you are Sponge but auto-cucumber messed up your nic. Why not?

Posted by: Gref at May 02, 2022 11:05 AM (AMIL/)

5 Gref called the others but they heed not the summons

Posted by: kallisto at May 02, 2022 11:05 AM (DJFLF)

6 Totally metal cockatoo

https://tinyurl.com/2p8jh4zn

Posted by: Christopher R Taylor at May 02, 2022 11:06 AM (KZzsI)

7 I would ask what give Joe the authority to forgive the debt but, that's olden times thinking.

Posted by: G'rump928(c) at May 02, 2022 11:06 AM (yQpMk)

8 If your degree is so useless you can't get a job to pay it back, why the fu*k should I have to pay it for you?

Posted by: Diogenes at May 02, 2022 11:06 AM (axyOa)

9 Yeah, this is a good idea, whether or not it goes anywhere. Putting unis on the hook may also help control the costs, which are in part driven by the lack of risk to the colleges in the current loan system.

Posted by: Where are my ping pong balls? at May 02, 2022 11:06 AM (Yr4Df)

10 it was in March of 2020 that President Trump waved his magic wand and announced a 60-day suspension of payments and interest-accrual on federal student loans, due to Covid

--------------

This was one of his bad ideas.

Posted by: SH (Overturn Roe) at May 02, 2022 11:07 AM (sX1BW)

11 And yet why doesn't GOPe ever threaten to sue to stop shenanigans such as this and get a Hawaiian/Texan judge to stop it as a violation of the Takings Clause (or whatever justification).

Oh we know why.

Posted by: Scott_T at May 02, 2022 11:07 AM (2waQ7)

12 Federalizing student debt was a big mistake.

Posted by: Meade Lux Lewis, Domestic Terrorist at May 02, 2022 11:08 AM (sWM8x)

13 So, that doctorate degree in interpretive dance wasn't such a good investment?

Posted by: jwest at May 02, 2022 11:08 AM (/BlEx)

14 Federalizing student debt was a big mistake.
Posted by: Meade Lux Lewis, Domestic Terrorist at May 02, 2022 11:08 AM (sWM8x)



Worse, it was a plan, for exactly this outcome.

Posted by: G'rump928(c) at May 02, 2022 11:08 AM (yQpMk)

15 Buck has a great Monkey Face just doesn't use it much

Posted by: Skip's phone at May 02, 2022 11:09 AM (X0PeL)

16 It's amazing that the colleges and universities apparently think that the Federal student loan program will continue undisturbed after a massive bailout of student loan borrowers.

Apprently blue-haired Muffy will continue to be able to borrow $200,000 to get her degree in gender studies from NYU, even if trillions in student loan debt is "forgiven".

Somehow, I don't think that will happen.

Posted by: The ARC of History! at May 02, 2022 11:09 AM (I2/tG)

17 While I'm amused by the idea of stealing money from gigantic endowments that universities have, I still would be pissed since it took me almost 2 decades to pay off my loans YET I FOUND A WAY.

The best suggestion I have heard is to stop charging interest on the loans. And, from this point forward: colleges are on the line for the loans, not the government.

Posted by: Christopher R Taylor at May 02, 2022 11:09 AM (KZzsI)

18 The feral govt shut down a number of private institutions. They didn’t like the competition.

Posted by: Mr Aspirin Factory at May 02, 2022 11:09 AM (TVu58)

19 I'd prefer we tax the universities and still make the debtors pay the debt. Why do we have to offer half measures.

Posted by: SH (Overturn Roe) at May 02, 2022 11:09 AM (sX1BW)

20 'Cause College should be free!

Posted by: G'rump928(c) at May 02, 2022 11:09 AM (yQpMk)

21 Worse, it was a plan, for exactly this outcome.
---
I think that's right.

Posted by: Meade Lux Lewis, Domestic Terrorist at May 02, 2022 11:09 AM (sWM8x)

22 So, the 8% with "No Degree" dropped out? Or haven't graduated yet? Or just saw an opportunity to grab some cash?

Posted by: BeckoningChasm at May 02, 2022 11:09 AM (p+1gI)

23 One of the bad side effects of federalizing debt and lessening the universities' stake, is the explosion of the size of their administrations. They're not using all that money to better their students' educations.

Posted by: Where are my ping pong balls? at May 02, 2022 11:10 AM (Yr4Df)

24 What I don't get is these guys are college students or graduates and they can't define the word "loan".

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:11 AM (FVME7)

25 Why stop at student loans? Make carmakers responsible for auto loan defaults. Make homebuilders responsible for mortgage defaults. Retail stores responsible for credit card defaults....

Posted by: Alton Chipperson at May 02, 2022 11:11 AM (ZTo+d)

26 Since I'm late to the party, I would just like to say...

Eat a bag of Stan's dicks, Kathy Boudin! You are getting what you had coming to you.

Posted by: In Reel Life (yes, dummy, on purpose) at May 02, 2022 11:11 AM (QYPq3)

27 It's amazing that the colleges and universities apparently think that the Federal student loan program will continue undisturbed after a massive bailout of student loan borrowers.

Apprently blue-haired Muffy will continue to be able to borrow $200,000 to get her degree in gender studies from NYU, even if trillions in student loan debt is "forgiven".

Somehow, I don't think that will happen.
Posted by: The ARC of History! at May 02, 2022 11:09 AM (I2/tG)



Isn't even more likely that xhe will borrow more as the precedent is established that just paying the minimum until the next Democrat administration gets it written off?

Posted by: G'rump928(c) at May 02, 2022 11:11 AM (yQpMk)

28 The best suggestion I have heard is to stop charging interest on the loans. And, from this point forward: colleges are on the line for the loans, not the government.

---------------

The best suggestion is to allow it to be discharged in bankruptcy with one of the stipulations that you have to give the degree back.

Then tax the endowments.

Then nuke the schools.

You can easily reverse the order.

Posted by: SH (Overturn Roe) at May 02, 2022 11:11 AM (sX1BW)

29 If your degree is so useless you can't get a job to pay it back, why the fu*k should I have to pay it for you?

Because, you're a racist.

Posted by: Archimedes at May 02, 2022 11:11 AM (ZsR3z)

30 Cap forgiveness on income. Cap on degrees - Associates and bachelors. Make universities fund it by taxing endowments and I'm on board.

Posted by: Archer at May 02, 2022 11:11 AM (gmo/4)

31 Apprently blue-haired Muffy will continue to be able to borrow $200,000 to get her degree in gender studies from NYU

A lot of the biggest sob stories about student debt come from people who went to NYU - a very expensive school in a very expensive city.

NYU has a five billion dollar endowment, and has billions more in real estate holdings.

Seize it.

Posted by: The ARC of History! at May 02, 2022 11:12 AM (I2/tG)

32 Put em all to work clearing brush and planting trees in the National Forests until the debt is payed off.

Posted by: Tinfoilbaby at May 02, 2022 11:12 AM (Y3RuP)

33 Willowed: Ethel just looks like a girl forced to sit for a portrait but she's going to make sure everyone knows she isn't happy about it.
Posted by: Christopher R Taylor at May 02, 2022


***
Obviously she'd rather be . . . Well, what *did* 14-year-old Victorian girls prefer to do? There was no TWatter or Farcebook, no TV or 'Net or records. Did they crochet, play cards, play croquet, or what?

Posted by: Wolfus Aurelius at May 02, 2022 11:12 AM (txdEq)

34 Federalizing student debt was a big mistake.
Posted by: Meade Lux Lewis, Domestic Terrorist at May 02, 2022 11:08 AM (sWM8x)


Worse, it was a plan, for exactly this outcome.


At the time Obama federalized the debt, I turned to my wife and said, "it'll never be paid back, this is just a bribe for another Dem special interest". I hate always being right.

Posted by: Archimedes at May 02, 2022 11:12 AM (ZsR3z)

35 somehow it's rayciss, and the evil conservatives what everyone stupid because they're taking money from the bastions of free thinking education....

and for all that above, it'll never pass. not to mention i can think of 3 senators who will decide "that's not who we are" tm and side with the dems

Posted by: SturmToddler (8D42x) at May 02, 2022 11:13 AM (WhsXQ)

36 I think they should overrule Griggs vs Power Station so testing can be done, deemphasize college education, and move people back toward trades and local manufacturing.

Posted by: Christopher R Taylor at May 02, 2022 11:13 AM (KZzsI)

37 If universities had a degree program for marbles, I would have had the equivalent of a masters degree in keepsies in third grade.

Posted by: Dr. Bone at May 02, 2022 11:13 AM (LkM8p)

38 This was one of his bad ideas.

Agreed. On the other hand, if all the Starbucks are shut down, how could you expect all that those Gender Studies MAs to make payments?

Posted by: Oddbob at May 02, 2022 11:13 AM (nfrXX)

39 It's all been a shovel from taxpayers to intelligentsia, since government got into it being the middle man its been a steam shovel

Posted by: Skip's phone at May 02, 2022 11:13 AM (X0PeL)

40 Wait until these losers find out that forgiven debt is treated as income for tax purposes.

Tee hee!

Posted by: The IRS! at May 02, 2022 11:13 AM (I2/tG)

41 The GOP would never alienate the academic sector by going after their endowments.

They should, but they won't. They get about as much grift from that sector as the Democrats. Almost as much. But they'll keep trying for parity there.

Posted by: Martini Farmer at May 02, 2022 11:14 AM (BFigT)

42 Make most of the courses on line courses, they are bullshit anyway. bare bones facilities for those that have to be in person ( lab courses and the such) sell off all those fancy buildings. Let coeds get laid on their own dime. Computers could take the place of most "Professors".

Posted by: Nevergiveup at May 02, 2022 11:14 AM (d0Qel)

43 Whatever is done with student loans damn well better be done with legislation and not with whatever FJB's handlers decide.

Posted by: Dr. Claw at May 02, 2022 11:14 AM (Hszs6)

44 The next forgiveness program will be from the SBA. They've already forgiven all the PPP loans, next are the EIDL loans. On the EIDL, they loaned small businesses cash to keep their businesses open, but didn't ask for any security against real estate or personal guarantees. So, for a restaurant, they could come in and repossess the stove, but that's about it. That would make great news at 11. Also, I estimate half the businesses that took out the loans won't be in business by the time the first payments are due (30 months from funding).

Posted by: jwest at May 02, 2022 11:14 AM (/BlEx)

45 There were a lot of forcprofit schools that made a lot of money off students that received little benefit from their tuition. But politicians got big campaign donations

Posted by: Steve Bannon at May 02, 2022 11:14 AM (qQw0m)

46 Put em all to work clearing brush and planting trees in the National Forests until the debt is payed off.

All their blue, red and green hair dye would run all over themselves because it's the first time in their lives they've ever done any actual manual labor. It'll look like a Carvel shop.

Posted by: Archimedes at May 02, 2022 11:15 AM (ZsR3z)

47 Bundle those debts and sell them as financial instruments, what could go wrong?

Posted by: BignJames at May 02, 2022 11:15 AM (AwYPR)

48 Well, what *did* 14-year-old Victorian girls prefer to do? There was no TWatter or Farcebook, no TV or 'Net or records. Did they crochet, play cards, play croquet, or what?

Go out riding their pony, read books, go on walks, play lawn tennis, etc. Too young to be out with a boy, too young to be in society, so probably kind of a dull life to begin with from a girl's perspective.

Posted by: Christopher R Taylor at May 02, 2022 11:15 AM (KZzsI)

49 So, am I going to get a check for all the money I paid for my KIDS college?

If not, how is this equal treatment under the law?

Posted by: Romeo13 at May 02, 2022 11:15 AM (oHd/0)

50 Why stop at student loans? Eating is right. So is housing and healthcare.

Everything should be free.

We make a mistake when we even entertain bullshit ideas like cancelling student debt. You signed up for the loan, pay the bill.

Posted by: JackStraw at May 02, 2022 11:15 AM (ZLI7S)

51 How do the Democrats handle the sticky wicket of most of this money flowing to white people? Oh yeah they don't because no one will bring it up.

Posted by: ... at May 02, 2022 11:16 AM (eG93X)

52 And the cherry on top will be the IRS will change the rules so that those loans forgiven will not be considered income.

Posted by: Infidel at May 02, 2022 11:16 AM (M0FJx)

53 My theory is that the majority of college students have no clearly defined goals, beyond extending their adolescence into their 20's and 30's, in the company of other adolescents.

Posted by: kraken at May 02, 2022 11:16 AM (Vr12I)

54 I think the money should be clawed back from the universities. They're engaged in fraud on a massive scale, selling worthless degrees to students for tens or hundreds of thousands of dollars. Unfortunately, the government has been complicit in this fraud through their involvement in the student loan industry, and are fully aligned with the academy's overall goal of producing brainwashed progtards, so I don't expect the government to do anything about that.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:16 AM (II3Gr)

55 Put em all to work clearing brush and planting trees in the National Forests until the debt is payed off.

Indentured servitude is a very good idea for young people in debt. Learn a trade, learn discipline and to focus on something other than yourself. Pay off your debt.

Posted by: Christopher R Taylor at May 02, 2022 11:16 AM (KZzsI)

56 AOC says 'it's OK' to force responsible Americans to pay off other people's student debt because, hey, 'it all comes around'

-
Careful, AOC, you might not like it if we open the "goes around, comes around" Pandora's box.

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:16 AM (FVME7)

57 They should, but they won't. They get about as much grift from that sector as the Democrats. Almost as much. But they'll keep trying for parity there.

I don't think that's right.

Posted by: Archimedes at May 02, 2022 11:16 AM (ZsR3z)

58 We offer all students an Extended Diploma Warranty and lottery tickets.

Posted by: University of Miklos at May 02, 2022 11:16 AM (dr+j+)

59 I'll bet not too many MIT graduates don't pay off their student loans.

The school endowments that should be susceptible to being garnished to pay off student loans should be those with high rates of student loan defaults. Or at least make them pay off the loans of their own students. Those are the schools giving out degrees with crummy ROI.

Posted by: ruralcounsel at May 02, 2022 11:17 AM (96wFa)

60 24 What I don't get is these guys are college students or graduates and they can't define the word "loan".

Hell they can't even define "woman".

Posted by: Hedley Lamarr at May 02, 2022 11:17 AM (WilSK)

61 A daughter graduates in a week, debt free. FML

At least I no longer have to fill out the FAFSA.

Posted by: Count de Monet at May 02, 2022 11:17 AM (4I/2K)

62 I want my mortgage paid off then. I want mine.

Fuck you, pay me.

I'm starting to see the Viking raiders are sympathetic sorts now, and what I regarded as former fellow citizens as Lindisfarne monks.

Posted by: Tasty Burger at May 02, 2022 11:17 AM (N/oGZ)

63 If universities had a degree program for marbles, I would have had the equivalent of a masters degree in keepsies in third grade.
Posted by: Dr. Bone at May 02, 2022


***
For me it would have been Duncan Tops, in 5th grade.

Posted by: Wolfus Aurelius at May 02, 2022 11:17 AM (txdEq)

64 University money managers sit at the oligarchy table too. Their money ain't gonna be touched, just like Gates, Ford, Tides, or any other foundation.

Posted by: Eromero at May 02, 2022 11:17 AM (0OP+5)

65
Wait until these losers find out that forgiven debt is treated as income for tax purposes.

Tee hee!
Posted by: The IRS!


They'll probably change the rules for this special instance.

Posted by: Bertram Cabot, Jr. at May 02, 2022 11:18 AM (63Dwl)

66 > If your degree is so useless you can't get a job to pay it back, why the fu*k should I have to pay it for you?

Interesting philosophy.

If your VA/FHA mortgage is underwater, why the fu*k should I have to pay it for you?

If your SBA-financed business fails why the fu*k should I have to pay it for you?


Oh, right. You're allowed to file bankruptcy in those cases and not pay a dime.

Those things are coming, by the way. Sooner than you think.

Posted by: Rodrigo Borgia at May 02, 2022 11:18 AM (bW8dp)

67 Careful, AOC, you might not like it if we open the "goes around, comes around" Pandora's box.
Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022


***
Ya know, I'll bet Pandora looked and thought a lot like AOC.

Posted by: Wolfus Aurelius at May 02, 2022 11:18 AM (txdEq)

68 In every example the Junta is churning-out for college loan cancellation, if you substitute the poor and the middle class and say let's give all of them an equivalent break on home and auto loans, and credit card balances, it makes more sense. People with college loans aren't the only one being crushed by inflation.

In fact, the bulk of the Build Back Better scam was new entitlements that in Joe's words, "Will give the middle class a little breathing room (on their budgets)." That's down the drain, but the Junta still wants to buy SOME votes and college loans is all they can do (if the courts don't torpedo the Executive Order). All the Leftards know how to do is spend money to fatten their own wallets and to buy votes.

Posted by: Gref at May 02, 2022 11:19 AM (AMIL/)

69 49
The democrat party never has been and isn't now in favor of equal treatment under the law.

Posted by: Dr. Claw at May 02, 2022 11:19 AM (Hszs6)

70 > I want my mortgage paid off then.

Walk away from it and file bankruptcy then.

Boom. Done.

Posted by: Rodrigo Borgia at May 02, 2022 11:19 AM (bW8dp)

71 Careful, AOC, you might not like it if we open the "goes around, comes around" Pandora's box.

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:16 AM (FVME7)


STOP HITTING ON ME!!!!

Posted by: AOC, Barmaid, Retarded at May 02, 2022 11:19 AM (gmo/4)

72 Vacation Morning Mouth Breathers

Posted by: weirdflunky at May 02, 2022 11:19 AM (cknjq)

73 We make a mistake when we even entertain bullshit ideas like cancelling student debt. You signed up for the loan, pay the bill.

Well the thing here is that its an attempt to shift blame or deflect from the real problem.

What are the complaints of these students?
1) their degree is not worth spit when it comes to getting a job
2) they are enormously in debt.

now, the solution to this is clear: colleges cost too much, promise too much, and are giving worthless educations. Culture is to blame as well, giving young people the impression that if they get a college degree they will have a bitchen high paying job stepping right out the door, all they need is a degree!

But if that's the conclusion they reach, the indoctrination system is in danger: the entire system of brainwashing young people with leftist trash is threatened. So they focus instead on how mean it is to expect people to pay back the money they borrowed because they are suffering and HAVE YOU NO HEART???

Posted by: Christopher R Taylor at May 02, 2022 11:19 AM (KZzsI)

74 Why stop at student loans? Make carmakers the federal government responsible for auto loan defaults. Make homebuilders the federal government responsible for mortgage defaults. Retail stores the federal government responsible for credit card defaults....

Does it make any more sense that way? Why or why not?

Posted by: Oddbob at May 02, 2022 11:20 AM (nfrXX)

75 So what can be done? Above all else, make the colleges and universities pay for it. They pushed the bad debt on those young college students, and most of the money flowed to the universities.
++++
Clawbacks might help, but I think what's needed is a complete rethink on higher education financing. Make money harder and more expensive to get, not easier and cheaper. For starters:
1. No government grants to students for higher ed. At all. Period. No free money from the fedgov to defray the cost to the student. Any non-student grants (research, etc.) must have an explicit defense purpose with outcome-based qualification.
2. Make student loans dischargeable in bankruptcy.
3. Close all government-backed lending. No more loans from the taxpayer. Loans are only privately available.

The money will dry up overnight. Student loans will probably hit 25% interest and you can be sure your lender will very suddenly care rather a lot about what you're studying and what your grades are. Prices will crash without free money. Many school swill go bankrupt. That's okay. We need universities, but we do not need *these* universities. Allow them to fail and get remade by better men.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 11:20 AM (DU+/6)

76 Harvard is an investment house posing as a college, probably the other Ivy's too.

Let them pay for it.

Posted by: Braenyard at May 02, 2022 11:20 AM (HVnf3)

77 7 I would ask what give Joe the authority to forgive the debt but, that's olden times thinking.
_________

Somebody did an analysis (may have been at Volkh's site) and apparently there is a provision in one of the federal laws (that set up the federalization of student loans) that gives the administering agency the authority to renegotiate or extend or otherwise modify loans of delinquent borrowers, but there is no authority for the president to simply "forgive" millions of student loans in order to buy himself out of electoral difficulties.

But of course, as with illegal aliens and all the illegality and the deliberate misconstruing of statutes there, by the time it ends up being decided by SCOTUS, the damage will have already been done, and John Roberts will rule that it would be "unfair" to do a take-back, because the poor innocent students (like the poor innocent law-breaking illegal aliens) relied on the administration's illegal actions (on their behalf) to their detriment.

Posted by: TrivialPursuer--FJB at May 02, 2022 11:20 AM (k4dH2)

78 No. You do not 'forgive' loans. What weak minded fuckery is this? It's dumb and morally wrong.

What next? Is Conservative Inc going with a policy of 'You can pimp your kid out, as long as you get a tax credit'?

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:20 AM (V6f9+)

79 No they will get hit by the IRS just to give Joey and his minions another 'cause' to lure the suckers into supporting them again.

Meanwhile the government gets a nice influx of cash without even trying.

Posted by: Anna Puma at May 02, 2022 11:20 AM (gHu/0)

80 So, the 8% with "No Degree" dropped out? Or haven't graduated yet? Or just saw an opportunity to grab some cash?

I dropped out (to take a job), and you do indeed owe on the loan pretty much the second you do that.

Posted by: Ian S. at May 02, 2022 11:20 AM (ZGrMX)

81 I hereby serve notice that I am not responsible for any debt other than my own.

Posted by: DB at May 02, 2022 11:21 AM (geLO8)

82 Just make a rule that all those getting a free ride on student loans have to work in California.

Posted by: Puddinghead at May 02, 2022 11:21 AM (D8mow)

83 How do the Democrats handle the sticky wicket of most of this money flowing to white people?

But they're mostly white women, so that's OK.

Women are much more likely to acquire six figures of student loan debt for useless degrees than men are, to the extent that student loan debt is characterized as a "women's issue".

Posted by: The IRS! at May 02, 2022 11:21 AM (I2/tG)

84 8 If your degree is so useless you can't get a job to pay it back, why the fu*k should I have to pay it for you?
Posted by: Diogenes at May 02, 2022 11:06 AM (axyOa)

Agreed. If your college degree doesn't have enough value for you to pay off, it certainly doesn't have enough value for me to pay off.

Posted by: Bacon Jeff at May 02, 2022 11:21 AM (VGRuw)

85 You borrow money, you need repay it. If you can't repay it, then you need to take the credit hit so everyone knows you're a lazy, sponging dirtbag.

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:21 AM (V6f9+)

86 I went back to a com.college at around age 50 to get a nursing degree. Took out the loans proffered/offered/heavily advertised/heavily promoted...New students were swamping the schools, building boom ensued on campuses everywhere(at Cathedral prices per sq/ft, exponentially higher than commercial costs for similar buildings) LOTS of people enrolled just to get the loans, and book money. Some semesters my book costs were $1500 or more, some books over $300 and STACKS required for each class.Last years edition was not allowed...and the next year there would be another "New" one required. Outside of the bookstore was a swarm of (primarily/exclusively) Black "students" offering to buy the books on my list with THEIR book/loan/grant cards for 50cents on the dollar in cash. I'm guessing they have not been making payments on those loans, never got a degree, that in fact much of the "Loan Promotion" was simply a way to get massive numbers OFF from the "Unemployed" statistics, for political purposes, not to "foster Education". Those same schools that based their hiring/building/growth "Plans" upon the sudden influx now cannot keep classrooms full, afford their massive staff costs.

Posted by: Birddog at May 02, 2022 11:21 AM (uAI4S)

87 53 My theory is that the majority of college students have no clearly defined goals, beyond extending their adolescence into their 20's and 30's, in the company of other adolescents.

They already have declared loan forgiveness as nontaxable.

Posted by: Hedley Lamarr at May 02, 2022 11:21 AM (WilSK)

88 > Make the federal government responsible for mortgage defaults.

Who the fuck do you think eats underwater VA and FHA loans when the borrowers walk away from them?

Posted by: Rodrigo Borgia at May 02, 2022 11:21 AM (bW8dp)

89 Does it make any more sense that way? Why or why not?
Posted by: Oddbob at May 02, 2022 11:20 AM (nfrXX)
++++
It doesn't, but they're not equivalent because the government didn't nationalize the finance business for those other areas - with the notable exception of house financing (mortgages), but even there it is not a monopoly.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 11:21 AM (DU+/6)

90 "If we play this smartly". I see the flaw in your plan

Posted by: Indignacio Vindacatorem at May 02, 2022 11:21 AM (atTLW)

91 There used to be a lot of complaints about "for profit" schools. It was claimed that they took advantage of the students and didn't help them find employment. How come I don't hear the same said about the supposed "not for profit" institutions?

Posted by: Bertram Cabot, Jr. at May 02, 2022 11:22 AM (63Dwl)

92 Indentured servitude is a very good idea for young people in debt. Learn a trade, learn discipline and to focus on something other than yourself. Pay off your debt.

Posted by: Christopher R Taylor at May 02, 2022 11:16 AM (KZzsI)


That used to be part of what joining the military did. But today's military, not so much.

Posted by: Archer at May 02, 2022 11:22 AM (gmo/4)

93 No. You do not 'forgive' loans. What weak minded fuckery is this? It's dumb and morally wrong.

Disagree strongly. Forgive them and make the colleges pay for it. They sold the kids the worthless goods and services, they should be on the hook. See how long Vagina Studies gets funding after it starts hurting them on a massive scale.

Posted by: Ian S. at May 02, 2022 11:22 AM (ZGrMX)

94 The child like college graduate sees their college degree as an entitlement, entitling them to special treatment and privilege. They take no account of ability or accomplishment, which is quantifiable. They are childlike.

Posted by: kraken at May 02, 2022 11:22 AM (Vr12I)

95 Biden Calls President Trump "A Horrible Plague"

-
Geez, I hope this doesn't mean another lockdown and we all have to wear masks!

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:22 AM (FVME7)

96 25 Why stop at student loans? Make carmakers responsible for auto loan defaults. Make homebuilders responsible for mortgage defaults. Retail stores responsible for credit card defaults....
Posted by: Alton Chipperson at May 02, 2022 11:11 AM (ZTo+d)

The lender is already on the hook for all of those. There's no need to find someone to shaft when someone defaults on most debt, there's someone who willingly took on the risk. Student loans just happen to be a Democrat scheme to enrich academia at the expense of everyone else.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:22 AM (b2nrj)

97 OR-

we'll forgive your student debt


for 3 years' military service

Posted by: DB at May 02, 2022 11:23 AM (geLO8)

98 nice idea, great propaganda ... no way the gop-e will go for it ...

Posted by: sock_rat_eez -gaslighted?, more like napalmed at May 02, 2022 11:23 AM (LN3uv)

99 If 'love is love' then 'debt is debt'

Pay up.

Posted by: 496 at May 02, 2022 11:23 AM (VJsqe)

100 So...monkey has the day off?

Posted by: RedMindBlueState at May 02, 2022 11:23 AM (h6/n7)

101 The proper way to attack this is to attack the causes of the debt: your education was crap and your college charged you too much. We need Education Reform, to cut costs in colleges and direct their curriculae to have less dead weight.

Posted by: Christopher R Taylor at May 02, 2022 11:24 AM (KZzsI)

102 >>But if that's the conclusion they reach, the indoctrination system is in danger: the entire system of brainwashing young people with leftist trash is threatened. So they focus instead on how mean it is to expect people to pay back the money they borrowed because they are suffering and HAVE YOU NO HEART???

As Grump said above this was always the plan. Federalize the student loan business and then forgive all loans. It's just a version of open the borders and then make all the poor "migrants" citizens and another class of state wards.

No. Fuck you. If you take a loan then you pay it back. End of story. I don't care if there have been other stupid carve outs for bankruptcy, I am not going to be on the hook for your idiotic degree in intersectional gender studies.

Now go make my sandwich.

Posted by: JackStraw at May 02, 2022 11:24 AM (ZLI7S)

103 The child like college graduate sees their college degree as an entitlement, entitling them to special treatment and privilege. They take no account of ability or accomplishment, which is quantifiable. They are childlike.

It's not entirely the kids' fault. Outside of special circumstances, you *have* to have a degree to get any kind of professional job. This is due to a catastrophic SCOTUS decision that made "having a degree" the only non-racist proxy for "will actually show up and do things".

Posted by: Ian S. at May 02, 2022 11:24 AM (ZGrMX)

104 85 You borrow money, you need repay it. If you can't repay it, then you need to take the credit hit so everyone knows you're a lazy, sponging dirtbag.
Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:21 AM (V6f9+)

A lot of this started when they made it impossible to discharge student loans in bankruptcy to encourage more of them.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:24 AM (b2nrj)

105 Enlist. Earn the GI Bill (such as it is) and get a damn part time j-o-b.

Posted by: Eromero at May 02, 2022 11:24 AM (0OP+5)

106 62 I want my mortgage paid off then. I want mine.

I put a plan out there that would have paid off the national debt, all student loans, mortgages on primary residences and all commercial (credit card) debt. This was done by selling off (over 100 years) government assets through a new quasi-governmental agency that is funded up front with the estimated value of the assets.

The whole thing is only possible as a one-time reset because we're the world's reserve currency and the one that sets the rules. It works because everyone gets something.

Posted by: jwest at May 02, 2022 11:24 AM (/BlEx)

107 From the end of the last thread:

Totally metal cockatoo

https://tinyurl.com/2p8jh4zn

Posted by: Christopher R Taylor



There is a parrot named Tico who sings along to his "owner" singing various rock songs. They have a U-Toob channel. I've a request in to them to sing Motorhead's "Ace of Spades". I'll post if he decides to cut the track:

https://tinyurl.com/Tico-Sings-Rock-n-Roll

Posted by: Sharkman at May 02, 2022 11:24 AM (ULISU)

108 Fox News
@FoxNews
Rachel Levine says pediatricians all agree on importance of 'gender-affirming care' for children

-
The science is settled!

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:24 AM (FVME7)

109 I'm not sure I want these crayola-haired screwheads in the military.

Posted by: Christopher R Taylor at May 02, 2022 11:24 AM (KZzsI)

110 Obama wiggles his fingers a certain way and then the Walking Dead Zombie grifter Biden's crooked little mouth starts whispering about "student load forgiveness" which will go overwhelmingly to wealthier non-POCs as vote-getting mechanism. Almost as though it was planned that way from the start.

Posted by: Erik In Texas at May 02, 2022 11:24 AM (2Jd8G)

111 OT: Oregon decriminalized drugs - all drugs. A Portland liberal discovers a certain downside to this:

After watching a guy OD, I have changed my opinion on drug laws

In the past, I've usually been of the opinion that all drugs should be legal but after watching a dude nearly die quite literally on my front yard, I may need to reassess. Perhaps we need a new way of helping addicts but whatever we are doing now isn't working.
I called the ambulance and kept the guy awake while on 911- it took over 10 minutes just to connect the call. Eventually the cops get there, save the guy and take him away. Before they left I asked the cops why it took so long. He just shrugged and described to me how his entire day was more of the same- administering narcan to OD ers and that the 911 system was completely overloaded.
I know it's heresy to say this out loud but: I don't want this in my neighborhood.

Posted by: The ARC of History! at May 02, 2022 11:25 AM (I2/tG)

112 93 No. You do not 'forgive' loans. What weak minded fuckery is this? It's dumb and morally wrong.

Disagree strongly. Forgive them and make the colleges pay for it. They sold the kids the worthless goods and services, they should be on the hook. See how long Vagina Studies gets funding after it starts hurting them on a massive scale.
Posted by: Ian S. at May 02, 2022 11:22 AM (ZGrMX)

That's still immoral and wrong. The college may have provided 'worthless' degrees but nobody put a gun to someone's head and forced them to major in Grievance Studies.

The student made the debt, the student needs to pay it.

If you want to ban useless degrees...I'm persuadable. But the way to do that is via legislation or pressure on school adminstrations. Not by giving free money to freeloaders AND punishing the dumb fucks who actually PAID their debts.

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:25 AM (V6f9+)

113 Totally metal cockatoo

https://tinyurl.com/2p8jh4zn

Posted by: Christopher R Taylor

Shouldn't that be Full Metal Cockatoo?

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:25 AM (FVME7)

114 > I don't care if there have been other stupid carve outs for bankruptcy

Allowing bankruptcy is the default situation. The "stupid carveout" was making student loans non-dischargeable, not the other way around.

Let's make FHA/VA loans, SBA loans, USDA loans... non-dischargeable in bankruptcy too.

Posted by: Rodrigo Borgia at May 02, 2022 11:26 AM (bW8dp)

115 >>@FoxNews
Rachel Levine says pediatricians all agree on importance of 'gender-affirming care' for children



His name is Dick

Posted by: DB at May 02, 2022 11:26 AM (geLO8)

116 That used to be part of what joining the military did. But today's military, not so much.
____________

Today you join the military so that you can get your "transition" surgeries and drugs paid for by taxpayers.

Posted by: TrivialPursuer--FJB at May 02, 2022 11:26 AM (k4dH2)

117 How do the Democrats handle the sticky wicket of most of this money flowing to white people?

But they're mostly white women, so that's OK.

Women are much more likely to acquire six figures of student loan debt for useless degrees than men are, to the extent that student loan debt is characterized as a "women's issue".
Posted by: The IRS! at May 02, 2022 11:21 AM (I2/tG)

Put 'em to work as comfort women hostesses at Social Centers in every county. Public access and common carrier status. No right of refusal. $100 loan reduction per encounter offset against room and board for resident-type places.

Posted by: Count de Monet at May 02, 2022 11:26 AM (4I/2K)

118 A college degree does not entitle a person to start at the top of a profession. It may open the door to one, but I am afraid that so many graduates don't understand this.

Posted by: kraken at May 02, 2022 11:26 AM (Vr12I)

119 Get rid of guaranteed student loans. Make people go to a bank to borrow money. No bank is going to loan money to someone majoring in grievance studies.

Posted by: Lemmiwinks at May 02, 2022 11:26 AM (X6rqi)

120 A lot of this started when they made it impossible to discharge student loans in bankruptcy to encourage more of them.
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:24 AM (b2nrj)

And that is dumb too. Mind you, I'm not a huge fan of bankruptcy but at least there are consequences there.

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:27 AM (V6f9+)

121 "Not a single person in this country has paid a dime on federal student loans since the president took office,..."

Odd to boast you are part of a plan that assists people in failing to live up to their promises.

Posted by: Javems at May 02, 2022 11:27 AM (AmoqO)

122 Universities aren't paying their "fair share".

Posted by: Roy at May 02, 2022 11:27 AM (Ti+Tv)

123 119 Get rid of guaranteed student loans. Make people go to a bank to borrow money. No bank is going to loan money to someone majoring in grievance studies.
Posted by: Lemmiwinks at May 02, 2022 11:26 AM (X6rqi)

That's why the banks are now out of the student loan business and this is dropped on the taxpayer's lap.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:27 AM (b2nrj)

124 Margaret Thatcher had it wrong. Apparently you never DO run out of other people's money.

Posted by: Muldoon at May 02, 2022 11:27 AM (kXYt5)

125 This whole student loan racket was just a massive transfer of wealth from middle class families to the universities.

And they say the pinkoes in ivory towers do not understand capitalism.

Posted by: Itinerant Alley Butcher at May 02, 2022 11:27 AM (WreKo)

126 >.The student made the debt, the student needs to pay it.


we all know this
but we live in a world where people are to be protected from the consequences of their actions, because of feelings and stuff

Posted by: DB at May 02, 2022 11:27 AM (geLO8)

127 "Forgiven" loans don't have the money associated with them just disappear. If the IRS wants a cut of so-called forgiven loans they'll get their cut. Period.

And, I hope if this stupidity passes the IRS goes all in... call it unearned income and tax the shit out of it.

Posted by: Martini Farmer at May 02, 2022 11:27 AM (BFigT)

128 Another requirement if this is approved:

Every state university cuts tuition/fees total to $5,000/year for 45 credits, and holds that number steady for 25 years.

Posted by: Sharkman at May 02, 2022 11:27 AM (ULISU)

129 Put 'em to work as comfort women hostesses at Social Centers in every county. Public access and common carrier status. No right of refusal. $100 loan reduction per encounter offset against room and board for resident-type places.

I mean, have you SEEN these women?

Posted by: Archimedes at May 02, 2022 11:28 AM (ZsR3z)

130 If you want to ban useless degrees...I'm persuadable. But the way to do that is via legislation or pressure on school adminstrations. Not by giving free money to freeloaders AND punishing the dumb fucks who actually PAID their debts.

If the colleges pay for it, it's not punishing anyone but their administration. It's not free money to freeloaders, it's a refund for something that was sold knowing it was worthless.

Posted by: Ian S. at May 02, 2022 11:28 AM (ZGrMX)

131 Let's throw in that student loans can be discharged in bankruptcy again. That's what caused the explosion in useless degrees.

That was a nice little multi-billion dollar gift to bank corporations-- let's take it back. 100% of those corporations donate 10-1 to democrats.

Notice how the dems aren't proposing anything that hurts the banksters or the educrats?

Posted by: People's Hippo Voice at May 02, 2022 11:28 AM (sCBKw)

132 120 A lot of this started when they made it impossible to discharge student loans in bankruptcy to encourage more of them.
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:24 AM (b2nrj)

And that is dumb too. Mind you, I'm not a huge fan of bankruptcy but at least there are consequences there.
Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:27 AM (V6f9+)

Bankruptcy helps encourage good lending practices. Don't lend to someone who won't pay you back.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:28 AM (b2nrj)

133 If you take a loan then you pay it back. End of story. I don't care if there have been other stupid carve outs for bankruptcy, I am not going to be on the hook for your idiotic degree in intersectional gender studies.

Now go make my sandwich.
Posted by: JackStraw at May 02, 2022 11:24 AM (ZLI7S)

Preach

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:28 AM (V6f9+)

134 I will be interested to see how many of the "make them pay every dime" people walk away from their mortgages when those go massively under water.


That's going to happen a lot sooner than you think.

Posted by: Rodrigo Borgia at May 02, 2022 11:28 AM (bW8dp)

135 We should zero out all "charitable" tax deductions. The whole economy and whole political system is fundamentally distorted by all the fat, lazy "charities" in the arts, education, "NGOs" and all the fake, phone 501c3s that go on to fund every radical politiician and cause under the sun.

When you have a "non profit" with 50B in assets paying hundreds of their top execs 100s of thousands per year, the enterprise no longer resembles anything "charitable."

Posted by: Zek at May 02, 2022 11:28 AM (OzNIz)

136 PS: I got straight A's in class rooms that were packed at the beginning of the semester, nearly empty by the end. "Someone" in the admin, a junior staffer "forgot" to file reports 2 years running on graduation/employment data and the school lost it's accreditation, just as I was starting clinicals...in this state all clinical attached classes have to be completed in a single year, with a 3.5 or better..NO DO-OVERS.. have to be passed the 1st time and no re-entry to any nursing program anywhere if they are not. I withdrew until they sorted it out...it took THREE years. I did not go back to finish...yet.

Posted by: Birddog at May 02, 2022 11:29 AM (uAI4S)

137 No bank is going to loan money to someone majoring in grievance studies.

A Hawaiian judge will declare not making those loans to be "redlining".

Posted by: Ian S. at May 02, 2022 11:29 AM (ZGrMX)

138 Margaret Thatcher had it wrong. Apparently you never DO run out of other people's money.
Posted by: Muldoon at May 02, 2022 11:27 AM (kXYt5)



Gradually, then suddenly.

Posted by: G'rump928(c) at May 02, 2022 11:29 AM (yQpMk)

139 This is a debt reassignment, not a forgiveness as debt will now be reassigned to taxpayers who are handling their car payments, mortgages and who have long ago paid off their student loan obligations. It’s morally repugnant.

Posted by: 7man at May 02, 2022 11:29 AM (qwO6y)

140 After watching a guy OD, I have changed my opinion on drug laws

This is on Reddit, and the responses are full of people shrieking that decriminalization of drugs had absolutely nothing to do with this.

This same people are announcing that everyone and all businesses should carry Narcan, because the fact that junkies are ODing all over Portland is just part of life in the big city, and you need to just accept the fact that you need to be ready to intervene if someone starts dying in front of you.

Posted by: The ARC of History! at May 02, 2022 11:29 AM (I2/tG)

141 No. You do not 'forgive' loans. What weak minded fuckery is this? It's dumb and morally wrong.

What next? Is Conservative Inc going with a policy of 'You can pimp your kid out, as long as you get a tax credit'?
Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:20 AM (V6f9+)
++++
As always, though, there is a distinction between the real world and the government world, and between personal relationships and institutional relationships.

I once wrote a loan to my sister so she could buy a car. When she got down to owing me less than $2k (never missed a payment) but then had her hours at work cut, I forgave the balance as a gift. I knew her, she had a record, and I thought it was the right thing to do. As a one-off, personal decision where various factors are known, I think it's fine if the lender agrees to such a thing.

"Loan forgiveness" as an institutional concept is incredibly toxic, irresponsible and fundamentally unfair - especially when the lender is also the taxpayer, as is the case with student loans.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 11:29 AM (DU+/6)

142 And, any "forgiveness" gets memorialized on a 1099 as income to the student, just as the IRS requires for all other debt forgiveness, and taxes are paid on it by that student.

Posted by: Sharkman at May 02, 2022 11:29 AM (ULISU)

143 Bankruptcy helps encourage good lending practices. Don't lend to someone who won't pay you back.
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:28 AM (b2nrj)

Exactly. Your credit rating takes a huge hit by declaring a bankruptcy. I have a friend who had to do it and it took him 10 years of hard work to fix his credit (He married poorly and divorced too late)

Forgiving debt incentives bad decisions, just like abortion on demand does.

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:29 AM (V6f9+)

144 >>Allowing bankruptcy is the default situation. The "stupid carveout" was making student loans non-dischargeable, not the other way around.


It wasn't the default by an act of God. We allowed it to happen. Doing another stupid thing doesn't because we already did one stupid thing doesn't make it right.

There is no such thing as "loan forgiveness". Debt does not disappear, it just gets transferred to t others and in this case to the taxpayers and I already pay too much.

Nobody made kids sign up for enormous loans to get a worthless degree and 4 years of partying, they did it willingly. Time for them to pay the bill and not me.

Posted by: JackStraw at May 02, 2022 11:30 AM (ZLI7S)

145 "If we play this student loan forgiveness situation smartly..."

At least you haven't lost your sense of humor.

Posted by: OCBill at May 02, 2022 11:30 AM (SUECK)

146 I am glad someone is starting to think this way. I'd tie it to a cancellation of all future lending. A great way to deny a core establishment constituency of funds.

Posted by: David Prince at May 02, 2022 11:30 AM (WUxVt)

147 "Not a single person in this country has paid a dime on federal student loans since the president took office,..."

*******

I doubt the veracity of this statement. I suspect a fair number of people continued to make their payments despite the moratorium on interest. I could be wrong.

Posted by: Muldoon at May 02, 2022 11:30 AM (kXYt5)

148 A challenge for math-oriented people: calculating the speed of smell!
Posted by: Wolfus Aurelius at May 02, 2022 10:51 AM (txdEq)

Or cropdust your friends ... observe and laugh.

Posted by: BourbonChicken at May 02, 2022 11:31 AM (44ww/)

149 "Rachel Levine says pediatricians all agree on importance of 'gender-affirming care' for children"
----

And if they don't we will change their mind. We have our ways.

Posted by: Javems at May 02, 2022 11:32 AM (AmoqO)

150 Rachel Levine says pediatricians all agree on importance of 'gender-affirming care' for children
__________

He also said all pediatricians think puberty blockers are great, which is a flat-out lie.

Two prominent "transitions" surgeons, both trannies themselves, wrote a piece for the NYT (which refused to publish it, it was later published by the WSJ) saying that puberty blockers should not be given to young kids because they cause damaging effects which are not reversible, and they can also cause kids to develop cardiovascular issues.

This is a good example of why the loony left wants their Ministry of Truth board: they don't want to have to tolerate any dissenting opinions, ever, even when those opinions come from their fellow lefties.

There is only one approved point of view, comrades, and your government will instruct you in what that is!

Posted by: TrivialPursuer--FJB at May 02, 2022 11:32 AM (k4dH2)

151 But the Dildoes For Potatoes charity, administrated by Brian Stelter, surely is a worthy charity.

Posted by: Ambiguously Gay Richard Simmons at May 02, 2022 11:32 AM (n9wey)

152 I don't think the taxpayer should be on the hook for any of it. The criminally fraudulent higher education system should be. However, I see the government's complicity in and continued benefit from this system to be, at present, an insurmountable obstacle.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:32 AM (II3Gr)

153 A great way to deny a core establishment constituency of funds.

Yeah, most of the federal government's job today is transferring money from the general public to leftists in special groups that influence culture. This has to stop.

Posted by: Christopher R Taylor at May 02, 2022 11:32 AM (KZzsI)

154 135 We should zero out all "charitable" tax deductions. The whole economy and whole political system is fundamentally distorted by all the fat, lazy "charities" in the arts, education, "NGOs" and all the fake, phone 501c3s that go on to fund every radical politiician and cause under the sun.

When you have a "non profit" with 50B in assets paying hundreds of their top execs 100s of thousands per year, the enterprise no longer resembles anything "charitable."
Posted by: Zek at May 02, 2022 11:28 AM (OzNIz)

I'm fine with a one-page tax form for everyone. Everyone...everyone...pays 10% (or 9 or whatever), no deductions. Boom, taxes done, tax loopholes gone.

Kills all sorts of bad behavior...and it removes some positive incentives. But it's worth it.

Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:32 AM (V6f9+)

155 152 I don't think the taxpayer should be on the hook for any of it. The criminally fraudulent higher education system should be. However, I see the government's complicity in and continued benefit from this system to be, at present, an insurmountable obstacle.
Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:32 AM (II3Gr)

Regardless of the student loan thing, can we all just agree to seize the college endowments?

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:33 AM (b2nrj)

156 Universities eat the bill. Slackers do four years of community service at the border picking up trash and feces and building a wall.

Posted by: Dr. Bone at May 02, 2022 11:33 AM (LkM8p)

157 Fuck that, no loan forgiveness.

Posted by: Deplorable Ian Galt at May 02, 2022 11:33 AM (yvARr)

158 But the Dildoes For Potatoes charity, administrated by Brian Stelter, surely is a worthy charity.

Your donations help keep Tater from crying his eyes out now that CNN+ is dead.

Posted by: Ian S. at May 02, 2022 11:33 AM (ZGrMX)

159 Regardless of the student loan thing, can we all just agree to seize the college endowments?
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:33 AM (b2nrj)

Make it a 90% excise tax.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:33 AM (II3Gr)

160 Ways to lose the middle and lower class base who values personal responsibility for $1000, Alex (or Ken or whomever)...

DUMB idea...I refuse to pay it.

Better is to just make a law that colleges pay back the fed (or private banks) for any student loans defaulted on in bankruptcy. So, individual is still stuck with bankruptcy and colleges are still stuck with the bill...

Posted by: Nova local at May 02, 2022 11:33 AM (exHjb)

161 Weaponize on our side what has been weaponized on the other side. They don't have principles, and they don't have regrets, but losing is death to them. I think Kurt Schlicter had the same idea, but I only read his headline.

Posted by: BourbonChicken at May 02, 2022 11:33 AM (44ww/)

162 Thanks, W!

Posted by: Cat Ass Trophy at May 02, 2022 11:34 AM (R8uWY)

163 If your degree isn't worth you paying for it, why do you think it's worth me paying for it?

Posted by: rickb223 at May 02, 2022 11:34 AM (H4qIP)

164 And that is dumb too. Mind you, I'm not a huge fan of bankruptcy but at least there are consequences there.
Posted by: Mark Andrew Edwards, RIP Oregon Muse at May 02, 2022 11:27 AM (V6f9+)
++++
Bankruptcy was a tremendously important invention and is responsible for a lot of progress. Bankruptcy harms the borrower (he is no longer credible - the same root as "credit" - and loses a lot of his assets to pay what he can for the loan) and it harms the lender (he loses his investment). It punishes both parties for making bad decisions, and eliminates the subjugation of borrower to lender and gets rid of indentures (which are awfully similar to slavery) and prison (ditto) as remedies for debts when those remedies were not agreed to in advance (or at all, depending on the law).

Bankruptcy needs to be even-handed and there is always room to tweak things, but it was a critical invention for any society that wants to climb down out of the trees. It's an essential part of the economy.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 11:34 AM (DU+/6)

165 Regardless of the student loan thing, can we all just agree to seize the college endowments?
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:33 AM (b2nrj)



Burning them to the ground is off the table?

Posted by: G'rump928(c) at May 02, 2022 11:34 AM (yQpMk)

166 The massive takeover of ALL student loans by Sallie Mae, while couched in terms of "We are here to serve YOU" was in fact a Govt. Mob Takeover similar to a "Loan Sharking" operation. The Rules on the street, with any Mob is..."If you OWE me? I OWN you".
even this proffer of zeroing out the loans comes with a quiet caveat..."If I do this? You will OWE me"

Posted by: Birddog at May 02, 2022 11:34 AM (uAI4S)

167 Universities eat the bill. Slackers do four years of community service at the border picking up trash and feces and building a wall.

Universities eat the bill. Nothing happens to the kids. We want to encourage them to get forgiven and then get another SJW degree and get forgiven again until the colleges are completely fucked.

Posted by: Ian S. at May 02, 2022 11:34 AM (ZGrMX)

168 I doubt the veracity of this statement. I suspect a fair number of people continued to make their payments despite the moratorium on interest. I could be wrong.
Posted by: Muldoon at May 02, 2022 11:30 AM (kXYt5)


The people with morals, including a sense of personal responsibility. You know - the chumps.
It's like new gun laws. You start by punishing the people who have behaved responsibly and followed all the rules. And then you pretty much end there as well, cuz those saps vote Republican, so eff those guys, right?

Posted by: Wally at May 02, 2022 11:35 AM (FJYfm)

169 109 I'm not sure I want these crayola-haired screwheads in the military.
Posted by: Christopher R Taylor at May 02, 2022 11:24 AM (KZzsI)
I didn't mean to do away with boot camp (or the haircut), in fact, I meant to return basic training back to boot camp standards. Say, Parris Island 1965, maybe. Or Fort Jackson same era.

Posted by: Eromero at May 02, 2022 11:35 AM (0OP+5)

170 Regardless of the student loan thing, can we all just agree to seize the college endowments?
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:33 AM (b2nrj)

Make it a 90% excise tax.
Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker.

A smug tax.

Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:36 AM (FVME7)

171 'Cause College should be free!

Posted by: G'rump928(c)


Bud: Credit is a sacred trust, it's what our free society is founded on. Do you think they give a damn about their bills in Russia? I said, do you think they give a damn about their bills in Russia?

Otto: They don't pay bills in Russia, it's all free.

Bud: All free? Free my ass. What are you, a fuckin' commie? Huh?

Otto: No, I ain't no commie.

Posted by: Sharkman at May 02, 2022 11:36 AM (ULISU)

172 I didn't mean to do away with boot camp (or the haircut), in fact, I meant to return basic training back to boot camp standards. Say, Parris Island 1965, maybe. Or Fort Jackson same era.
Posted by: Eromero at May 02, 2022 11:35 AM (0OP+5)

You are disorganized grabasstic pieces of amphibian shit!

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:36 AM (II3Gr)

173 How about denying any Education Tax Credits while a student's loan is in non-paying / default / collection status?

Posted by: Count de Monet at May 02, 2022 11:36 AM (4I/2K)

174 If we play this student loan forgiveness situation smartly, perhaps capping forgiveness at $10,000 and only for undergraduate debt,


then we can move on to mortgage forgiveness.

Posted by: rickb223 at May 02, 2022 11:36 AM (H4qIP)

175 @FoxNews
Rachel Levine says pediatricians all agree on importance of 'gender-affirming care' for children
Posted by: Anonosaurus Wrecks, Abandon All Hope Ye Who Enter 2022 at May 02, 2022 11:24 AM (FVME7)
++++
1. I guarantee this is not true
2. Even if it is true, it doesn't make it right
3. Beware full agreement on any topic, especially one that is new. Diversity (where it counts, which is ideas) is your strength, and if you have no real diversity you should at least raise an eyebrow.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 11:36 AM (DU+/6)

176 If your degree isn't worth you paying for it, why do you think it's worth me paying for it?

That's the key here: the reason they're talking about student debt forgiveness is because everyone knows the product isn't worth what they're charging. If it was worth it, people wouldn't be as upset or begrudge the debt as much.

Posted by: Christopher R Taylor at May 02, 2022 11:36 AM (KZzsI)

177 I'm not sure I want these crayola-haired screwheads in the military.

I know a lot of people don't want to hear this, but the post-Obama military is worthless. Shut it all down, like the leftists demanded.

Posted by: Ian S. at May 02, 2022 11:36 AM (ZGrMX)

178 165 Regardless of the student loan thing, can we all just agree to seize the college endowments?
Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:33 AM (b2nrj)


Burning them to the ground is off the table?
Posted by: G'rump928(c) at May 02, 2022 11:34 AM (yQpMk)

Maxim #1 Pillage, then burn.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:37 AM (b2nrj)

179 How about we forgive medical debt?
Education is a choice. Cancer isn't.

Posted by: rickb223 at May 02, 2022 11:37 AM (H4qIP)

180 Baccalaureate
Loans
Matter

Posted by: Joe Mama at May 02, 2022 11:37 AM (WmGrA)

181 I don't know, some politician might risk a future chancellorship he goes against big U.

Posted by: Cat Ass Trophy at May 02, 2022 11:37 AM (R8uWY)

182 How amazing it feels for conservatives to have goals.

Posted by: BourbonChicken at May 02, 2022 11:37 AM (44ww/)

183 A Lemon Law for university degrees would be nice.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:37 AM (II3Gr)

184
Forgive/Transfer up to $10k except for Masters and PHD/Doctorates to the Universities to pay back.

Then end the program outright, or simply cap at a max. of 10k.

Then send 10k check to ALL those American adults that do not have any student debt because they should be awarded for not abusing the system.

Boom!

DeSantis, you listening?

Posted by: Sapwolf at May 02, 2022 11:37 AM (etPhZ)

185 And reparations for those of us who worked our asses off & sacrificed in order to pay off our tens of thousands of dollars each in student loans and interest!

Posted by: ShainS -- Kraken of Misinformation Online at May 02, 2022 11:37 AM (6/hMO)

186 How about we forgive medical debt?
Education is a choice. Cancer isn't.


The government is forcing people to get a degree, via a SCOTUS decision. They're not forcing you to get medical treatment. Yet.

Posted by: Ian S. at May 02, 2022 11:38 AM (ZGrMX)

187 Look at the population segment that this sort of thing is directed towards. Who do you think they voted for in the last so-called "election?"

It's political platitudes for the low IQ, purple haired screechers that act as the Democrat's social army.

Posted by: Martini Farmer at May 02, 2022 11:38 AM (BFigT)

188 I questioned VA mortgages in a personal conversation with my congressman. I asked him why the federal government would lend money to banks for 1/4 percent to fund mortgage loans to veterans. Why not just lend the money directly to the veterans and charge 1/4 percent for the paperwork? He couldn't understand the concept.

Posted by: jwest at May 02, 2022 11:38 AM (/BlEx)

189 Then end the program outright, or simply cap at a max. of 10k.

Then send 10k check to ALL those American adults that do not have any student debt because they should be awarded for not abusing the system.

Boom!

DeSantis, you listening?
Posted by: Sapwolf at May 02, 2022 11:37 AM (etPhZ)

And then we all pay for it with more inflation...

uh.... no.

Posted by: Romeo13 at May 02, 2022 11:38 AM (oHd/0)

190
The Democrats will their own heads before they let the Universities get shaken down. They're a core constituency, and a loyal and useful propaganda apparatus. They'll resist any attempt to take a penny from Big Ed, and their controlled opposition will lend them the assist.

Fun to talk about, but put this is "things that will never happen" column.

Ruling class people don't pay for ruling class schemes. Subject classes do that. That's what we're *here* for.

Posted by: Yudhishthira's Dice at May 02, 2022 11:38 AM (UGDPW)

191 Also, to really screw the lenders-- who have raked in billions in profit from the college scam-- any debt discharged cannot be claimed as a business loss.

Those lenders shouldn't get to reduce the taxes they owe.

Posted by: People's Hippo Voice at May 02, 2022 11:38 AM (jCpRm)

192 182 How amazing it feels for conservatives to have goals.
Posted by: BourbonChicken at May 02, 2022 11:37 AM (44ww/)

Goal #1 - Don't make things worse.
Goal #2 - See goal #1.
Goal #3 - No, seriously, see goal #1.
Goal #4 - Okay, you managed goal #1 - NOW, you can start work on conservative priority #1.

Posted by: Nova local at May 02, 2022 11:38 AM (exHjb)

193 172 I didn't mean to do away with boot camp (or the haircut), in fact, I meant to return basic training back to boot camp standards. Say, Parris Island 1965, maybe. Or Fort Jackson same era.
Posted by: Eromero at May 02, 2022 11:35 AM (0OP+5)

You are disorganized grabasstic pieces of amphibian shit!

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:36 AM (II3Gr)

Hey Baby. You got girlfriend Vietnam?

Posted by: Archer at May 02, 2022 11:39 AM (gmo/4)

194 Debt Slaves and Pension Slaves. What could go wrong?

Posted by: Puddinghead at May 02, 2022 11:39 AM (D8mow)

195 183 A Lemon Law for university degrees would be nice.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker.
Honker. at May 02, 2022 11:37 AM (II3Gr)

----------

Because most of them are black holes.

Posted by: ShainS -- Kraken of Misinformation Online at May 02, 2022 11:39 AM (6/hMO)

196 A poor baby at 18 yrs old can't understand compound interest and school loans, but a four yr old is old enough to determine their gender with surgery and drugs?

Posted by: rickb223 at May 02, 2022 11:39 AM (H4qIP)

197 Ruling class people don't pay for ruling class schemes. Subject classes do that. That's what we're *here* for.
Posted by: Yudhishthira's Dice at May 02, 2022 11:38 AM (UGDPW)

Well, yeah. We're just tax cattle, sheep to be shorn.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:39 AM (II3Gr)

198 Hey, pediatricians! Do you all agree on gender affirming care?
I don't!
*Board certification revoked*
Hey, ACTIVE pediatricians, do you all agree on gender affirming care?
YES!!!

Posted by: Cat Ass Trophy at May 02, 2022 11:39 AM (R8uWY)

199 Psaki is a liar.

I paid the last little dribble of my student loans off in March. It was a trivial amount. I simply wanted that number to go away, so I paid the money to make it go away.

She remains a liar.

Posted by: Warai-otoko at May 02, 2022 11:39 AM (/EuRN)

200
Margaret Thatcher had it wrong. Apparently you never DO run out of other people's money.
Posted by: Muldoon

Gradually, then suddenly.
Posted by: G'rump928


Under modern monetary theory there is infinite money forever.

Posted by: Bertram Cabot, Jr. at May 02, 2022 11:39 AM (63Dwl)

201 191 Also, to really screw the lenders-- who have raked in billions in profit from the college scam-- any debt discharged cannot be claimed as a business loss.

Those lenders shouldn't get to reduce the taxes they owe.
Posted by: People's Hippo Voice at May 02, 2022 11:38 AM (jCpRm)


We're the lenders. Banks don't do student loans anymore.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:39 AM (b2nrj)

202 I will allow loan forgiveness just after Kate Upton finishes sucking my wang, and right before I fall asleep.

Posted by: anchorbabe fashion cop at May 02, 2022 11:40 AM (yvARr)

203 "Not a single person in this country has paid a dime on federal student loans since the president took office,..."

*******

I doubt the veracity of this statement. I suspect a fair number of people continued to make their payments despite the moratorium on interest. I could be wrong.
*****

Methinks at least SOME people used their Covid relief checks to pay down those debts, MANY did with credit cards etc...personal debt numbers plummeted during that period.

Posted by: Birddog at May 02, 2022 11:40 AM (uAI4S)

204 Because most of them are black holes.
Posted by: ShainS -- Kraken of Misinformation Online at May 02, 2022 11:39 AM (6/hMO)

ISWYDT

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:40 AM (II3Gr)

205 For me it would have been Duncan Tops, in 5th grade.

Posted by: Wolfus Aurelius



Baseball Trading Cups from 7/11.

Posted by: Sharkman at May 02, 2022 11:40 AM (ULISU)

206 If they think all of the yutes are on board for this redisribution of wealth, they're wrong. Neighbor's kid is a highly certified welder, and the entire crew he's with are in their early 20s. Some of these guys cracked 100K last year. Neighbors kid said they are aware of this shit and highly pissed.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 02, 2022 11:40 AM (lz5hY)

207 Because most of them are black holes.
Posted by: ShainS -- Kraken of Misinformation Online at May 02, 2022 11:39 AM (6/hMO)

*golf clap*

Posted by: Warai-otoko at May 02, 2022 11:40 AM (/EuRN)

208

If you would just give me everything then I wouldn't have to borrow money for it and then you wouldn't have to worry about me paying it back!

Win Win!

Posted by: Shady Deuce, FSA at May 02, 2022 11:40 AM (Si5R/)

209 196 A poor baby at 18 yrs old can't understand compound interest and school loans

Don't worry! We base repayment on income! You will be able to pay it off just fine once you have that high paying job!

Posted by: Cat Ass Trophy at May 02, 2022 11:41 AM (R8uWY)

210 I paid the last little dribble of my student loans off in March. It was a trivial amount. I simply wanted that number to go away, so I paid the money to make it go away.

She remains a liar.
Posted by: Warai-otoko at May 02, 2022 11:39 AM (/EuRN)



I have bad news for you. When you're 58, you'll still be getting calls about your student loan debt. You can try to tell them you paid these off decades ago, but the calls will not stop.

Posted by: Wally at May 02, 2022 11:41 AM (FJYfm)

211 If you would just give me everything then I wouldn't have to borrow money for it and then you wouldn't have to worry about me paying it back!

Pass a law requiring colleges to make SJW majors free. There's all kinds of ways to come at this.

Posted by: Ian S. at May 02, 2022 11:41 AM (ZGrMX)

212 I personally know many people with very large student loans who have been dutifully paying down the principal on their loans throughout this debacle.

I reiterate: Psaki is a liar.

Posted by: Warai-otoko at May 02, 2022 11:41 AM (/EuRN)

213 Cancelling student loan debt may add up to 1.5 million new jobs.

Student loan debt cancellation may lift up to 5.2 million American households out of poverty.

Debt cancellation could potentially increase consumer spending by as much as 3.3%.


https://educationdata.org/
what-happens-if-student-loan-debt-is-canceled

Posted by: olddog in mo at May 02, 2022 11:42 AM (ViCCR)

214 This is on Reddit, and the responses are full of people shrieking that decriminalization of drugs had absolutely nothing to do with this.

This same people are announcing that everyone and all businesses should carry Narcan, because the fact that junkies are ODing all over Portland is just part of life in the big city, and you need to just accept the fact that you need to be ready to intervene if someone starts dying in front of you.
Posted by: The ARC of History! at May 02, 2022 11:29 AM


This kind of stoopid cannot be fixed. But tire irons can be applied liberally in order to mitigate some of the effects.

Posted by: RedMindBlueState at May 02, 2022 11:42 AM (h6/n7)

215 I didn't pay on mine, suspecting there would be some kind of forgiveness. Why pay when they might zero out my balance?

Posted by: Cat Ass Trophy at May 02, 2022 11:42 AM (R8uWY)

216 Odds that anything will come of this?

Posted by: kraken at May 02, 2022 11:42 AM (Vr12I)

217 Everyone that gets student loan debt forgiveness has to serve 6 years in the military.

Posted by: sniffybigtoe at May 02, 2022 11:42 AM (Y5qcH)

218 Why should those, who never went to college, pay for the loans of those who did, just so those people can become our boss, simply because they have a piece of paper?

Posted by: rickb223 at May 02, 2022 11:42 AM (H4qIP)

219 I am of two minds when it comes to making our corrupt universities responsible for education debt.

On the one hand, it is ridiculously unfair...would we hold GM and Ford responsible for a crisis in auto financing? No. Of course not.

On the other hand, I hate academia with the heat of a thousand suns, so...fvck 'em! Make them pay!

Posted by: CharlieBrown'sDildo at May 02, 2022 11:42 AM (XIJ/X)

220 Cancelling student loan debt may add up to 1.5 million new jobs.

Student loan debt cancellation may lift up to 5.2 million American households out of poverty.

Debt cancellation could potentially increase consumer spending by as much as 3.3%.


https://educationdata.org/
what-happens-if-student-loan-debt-is-canceled
Posted by: olddog in mo at May 02, 2022 11:42 AM (ViCCR)



Monkeys may fly out of my ass.

Posted by: G'rump928(c) at May 02, 2022 11:43 AM (yQpMk)

221 I'm not sure I want these crayola-haired screwheads in the military.

Posted by: Christopher R Taylor



"Screwheads" is a word that isn't used nearly enough in daily discourse.

Posted by: Sharkman at May 02, 2022 11:43 AM (ULISU)

222 Everyone that gets student loan debt forgiveness has to serve 6 years in the military.

Posted by: sniffybigtoe at May 02, 2022 11:42 AM (Y5qcH)

Fvck you.

Posted by: Every NCO in the U.S. Military at May 02, 2022 11:43 AM (XIJ/X)

223 Odds that anything will come of this?

High. The junta needs to do something, anything to prevent a historic wipeout of the Democrat Party this fall. At current polling numbers they could cheat openly and make Dominion go brrrr and still lose control of Congress.

Posted by: Ian S. at May 02, 2022 11:43 AM (ZGrMX)

224 212 I personally know many people with very large student loans who have been dutifully paying down the principal on their loans throughout this debacle.

I reiterate: Psaki is a liar.
Posted by: Warai-otoko at May 02, 2022 11:41 AM (/EuRN)

Probably all the people who rightly realize that anyone who gets debt wiped out will not be "one of them" b/c they aren't the elite...

Posted by: Nova local at May 02, 2022 11:44 AM (exHjb)

225 Everyone that gets student loan debt forgiveness has to serve 6 years in the military.
Posted by: sniffybigtoe at May 02, 2022 11:42 AM (Y5qcH)



Twelve months on the Great Gulf-Baja Sealevel Dignity Kanal.

Posted by: G'rump928(c) at May 02, 2022 11:44 AM (yQpMk)

226 Another way to view this is along the buying votes, shoring up the base angle. I guess that is TOO obvious to make much of.

Posted by: kraken at May 02, 2022 11:44 AM (Vr12I)

227 Giving everyone a new car and their own personal fighter jet could add up to 4.2 billion jobs!

Posted by: Cat Ass Trophy at May 02, 2022 11:44 AM (R8uWY)

228 .org = .bullshit

Posted by: sniffybigtoe at May 02, 2022 11:44 AM (Y5qcH)

229 Rachel Levine and the rest sum up neatly what is wrong with this country.

The insanity of denying facts. The list is long.



Posted by: Ziba at May 02, 2022 11:44 AM (S1hrL)

230 196 A poor baby at 18 yrs old can't understand compound interest and school loans, but a four yr old is old enough to determine their gender with surgery and drugs?
___________

This comment has been flagged for moderation. DHS will not tolerate the dissemination of transphobic misinformation that pollutes the public debate and threatens our democracy!

Commenter's bank accounts have been frozen and commenter will be required to report to the nearest DHS diversity training facility for re-programming, to get xis/xer/xits mind right!

Posted by: DHS Ministry of Truth at May 02, 2022 11:44 AM (k4dH2)

231 A Lemon Law for university degrees would be nice.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker.
Honker. at May 02, 2022 11:37 AM (II3Gr)

----------

Because most of them are black holes.
Posted by: ShainS -- Kraken of Misinformation Online at May 02, 2022 11:39 AM


Dats Rayciss!!!!

Posted by: HBCUs everywhere at May 02, 2022 11:44 AM (h6/n7)

232 On the one hand, it is ridiculously unfair...would we hold GM and Ford responsible for a crisis in auto financing? No. Of course not.

On the other hand, I hate academia with the heat of a thousand suns, so...fvck 'em! Make them pay!
Posted by: CharlieBrown'sDildo at May 02, 2022 11:42 AM (XIJ/X)

Maybe a bad analogy, since GM and Ford are essentially auto loan financers that happen make cars on the side.... but point taken.

Posted by: Warai-otoko at May 02, 2022 11:44 AM (/EuRN)

233 On the one hand, it is ridiculously unfair...would we hold GM and Ford responsible for a crisis in auto financing? No. Of course not.

GM and Ford are losing a shit ton of money on their electric vehicles. So making colleges lose a shit ton of money on SJW degrees would fit.

Posted by: Ian S. at May 02, 2022 11:45 AM (ZGrMX)

234 219 I am of two minds when it comes to making our corrupt universities responsible for education debt.

On the one hand, it is ridiculously unfair...would we hold GM and Ford responsible for a crisis in auto financing? No. Of course not.

On the other hand, I hate academia with the heat of a thousand suns, so...fvck 'em! Make them pay!
Posted by: CharlieBrown'sDildo at May 02, 2022 11:42 AM (XIJ/X)

If GM and Ford got the government to guarantee loans for trashy worthless cars, I'd definitely think about it.

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:45 AM (b2nrj)

235 It doesn't, but they're not equivalent because the government didn't nationalize the finance business for those other areas

Understood and agreed. But the commenter I was replying to was arguing against making the schools responsible in the way that, as Red Turban Someguy noted just below your comment, those other sellers are. The difference being that they can repo a car or foreclose on a house but AFAIK, there is no way to repo an education. I think we all -- with the possible exception of that other commenter -- agree that making the government an unsecured lender just because a college degree is considered A Good Thing was a bad idea forced on us by our supposed betters.

Posted by: Oddbob at May 02, 2022 11:45 AM (nfrXX)

236 Cancelling student loan debt may add up to 1.5 million new jobs.

Cancelling student loan debt could lead to Phoebe Castes turfing out Kevin Kline and shacking up with me

Cancelling student loan debt could lead to Life Unworthy selling 15,000,000 copies worldwide

Cancelling student loan debt could lead to The Democrats apologizing for usurping the presidency and mass resignations

Cancelling student loan debt could lead to free jerkey and s'more for everyone for life

I mean, it COULD

Posted by: Christopher R Taylor at May 02, 2022 11:45 AM (KZzsI)

237 The government is forcing people to get a degree, via a SCOTUS decision. They're not forcing you to get medical treatment. Yet.
Posted by: Ian S.


Seriously? Government never forced me to college. Where were you for the last two years of Covid?

Posted by: rickb223 at May 02, 2022 11:46 AM (H4qIP)

238 Wasn't GMAC at the heart of the shitty loan collapse? And didn't we reward GM with government loans and a bail out from their bondholders?

Posted by: Cat Ass Trophy at May 02, 2022 11:46 AM (R8uWY)

239 So, 5-year-olds have the ability to choose alternate gender identities, but people in their 20s and 30s are not competent to take out loans.

Posted by: Greenberry at May 02, 2022 11:46 AM (C5mNc)

240 Rachel Richard Levine says pediatricians all agree on importance of 'gender-affirming care' for children

*********

This is demonstrably false. (ask me how I know) Who does he think he is, the Truth Fairy*?

(*stolen from ShainS from earlier today)

Posted by: Muldoon at May 02, 2022 11:46 AM (kXYt5)

241 Maybe a bad analogy, since GM and Ford are essentially auto loan financers that happen make cars on the side.... but point taken.
Posted by: Warai-otoko at May 02, 2022 11:44 AM (/EuRN)

Like Harley Davidson is a lifestyle apparel retailer who occasionally sells motorcycles.

Posted by: Count de Monet at May 02, 2022 11:47 AM (4I/2K)

242 I've been paying on my student loan.

The servicer sure doesn't think i shouldn't be.

Pasaki is a liar.

Posted by: People's Hippo Voice at May 02, 2022 11:47 AM (jCpRm)

243 Cancelling student loan debt could lead to Life Unworthy selling 15,000,000 copies worldwide

Posted by: Christopher R Taylor at May 02, 2022 11:45 AM (KZzsI)

I don't recall authorizing you to write my biography.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:47 AM (II3Gr)

244 I'm not sure I want these crayola-haired screwheads in the military.

________

Uh, bro, too late.

Posted by: McLurkerson at May 02, 2022 11:47 AM (wNDOJ)

245 Seriously? Government never forced me to college.

If you want a white collar job, you have to have a degree. SCOTUS ruled that other proxies for "will show up and do work" are raaaacist (I think the case was called "Duke Power"). So yes, the government broke this in the first place.

Posted by: Ian S. at May 02, 2022 11:47 AM (ZGrMX)

246 Pass a law requiring colleges to make SJW majors free. There's all kinds of ways to come at this.
Posted by: Ian S.


Since the dems loves them some slavery, the college professors was teach for free.

Posted by: rickb223 at May 02, 2022 11:47 AM (H4qIP)

247 128 Another requirement if this is approved:

Every state university cuts tuition/fees total to $5,000/year for 45 credits, and holds that number steady for 25 years.

Posted by: Sharkman at May 02, 2022 11:27 AM (ULISU)


Do the loans cover rents and living expenses in addition to tuition, books, and fees? If so, another piece of the problem is jacked-up rents in college towns.

Posted by: Gref at May 02, 2022 11:47 AM (AMIL/)

248 Monkeys may fly out of my ass.
Posted by: G'rump928(c) at May 02, 2022 11:43
---------------

LOL. Yeah, and those were just some of the "benefits" mentioned at that website.

Posted by: olddog in mo at May 02, 2022 11:47 AM (ViCCR)

249 232 On the one hand, it is ridiculously unfair...would we hold GM and Ford responsible for a crisis in auto financing? No. Of course not.

On the other hand, I hate academia with the heat of a thousand suns, so...fvck 'em! Make them pay!
Posted by: CharlieBrown'sDildo at May 02, 2022 11:42 AM (XIJ/X)

Maybe a bad analogy, since GM and Ford are essentially auto loan financers that happen make cars on the side.... but point taken.
Posted by: Warai-otoko at May 02, 2022 11:44 AM (/EuRN)

Yeah that's a great point, they have skin in the game and the debt is dischargeable in bankruptcy. Imagine if colleges looked like that?

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:47 AM (b2nrj)

250 I get robo calls about student debt. Never had any. I'm in the 29++ crowd around here. Only went to Youngstown State (Go Penguins) a short while, and the little VA check covered that with some left over. State universities weren't grifting much and the only bandits were the book stores.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 02, 2022 11:48 AM (lz5hY)

251 Like Harley Davidson is a lifestyle apparel retailer who occasionally sells motorcycles.
Posted by: Count de Monet at May 02, 2022 11:47 AM (4I/2K)

John Deere is a hat company that occasionally makes tractors.

Posted by: Warai-otoko at May 02, 2022 11:48 AM (/EuRN)

252 I don't think we should even consider letting the people who owe the debt pay the debt. That said, I think we should also fine (its a tax!) university endowments for fraud. Finally end federally back student loans forever. Sit back and watch tuition drop like a rock and angry studies go away.

Posted by: Guy Mohawk at May 02, 2022 11:48 AM (lgeFv)

253 brainwashed progtards, so I don't expect the government to do anything about that.

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:16 AM (II3Gr)

That's nearly an anagram of postgrads which is what I thought it said.

Posted by: ... at May 02, 2022 11:48 AM (yq1z2)

254 Cancelling student loan debt may add up to 1.5 million new jobs.

Student loan debt cancellation may lift up to 5.2 million American households out of poverty.

Debt cancellation could potentially increase consumer spending by as much as 3.3%.
__________

And every dollar spent by the federal government on food stamps and welfare benefits for illegal aliens adds $2 to our economy!

That's why we need a billion or so more illegal aliens flooding our southern border. 'Cuz then our economy will really be smoking!

Posted by: Nancy Pelosi, Financial Jenius at May 02, 2022 11:48 AM (k4dH2)

255 We make a mistake when we even entertain bullshit ideas like cancelling student debt. You signed up for the loan, pay the bill.
Posted by: JackStraw

I agree.

This is nothing but vote-buying. And now we have both corrupt political parties or philosophical groups vying/bidding/whoring to get the votes.
Assessing endowments to pay off student debt if probably close to a "bill of attainder", that is actually strictly forbidden by the Constitution.
But.....have at it.

Posted by: Bozo Conservative...Living on the Prison Planet at May 02, 2022 11:48 AM (vcOmj)

256 Not to jump on medical doctors, but they are among those with advanced degrees and debt. Like a relative of mine who repaid her loan. Because she had a good income.

But today's borrowers should not have to repay!?

Posted by: JM in Florida at May 02, 2022 11:49 AM (L7jyl)

257 This is demonstrably false. (ask me how I know) Who does he think he is, the Truth Fairy*?

(*stolen from ShainS from earlier today)
Posted by: Muldoon at May 02, 2022 11:46 AM (kXYt5)


Who you calling a fairy? I'm a woman, dammit!

Posted by: Formerly Dick Levine at May 02, 2022 11:49 AM (FJYfm)

258 Like Harley Davidson is a lifestyle apparel retailer who occasionally sells motorcycles.
Posted by: Count de Monet

John Deere is a hat company that occasionally makes tractors.
Posted by: Warai-otoko

The Seattle Mariners are a hat company that occasionally sells tickets to games

Posted by: Christopher R Taylor at May 02, 2022 11:49 AM (KZzsI)

259 It's neat to watch the Overton window at work. Combined with Republicans refusing to fight, it's why the left always wins (fwiw, they ALWAYS fight, and every hill is a hill worth dying on for them).

We're now discussing how debt of some adults* who will earn much more over their lifetime than non-college educated adults will be forgiven.


*the same adults who simultaneously insist everyone go buy a $65K electric subcompact car

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:49 AM (rjyzh)

260 So apparently the left reads the ant and the grasshopper not as a morality tale but as a plan?

Posted by: 18-1 at May 02, 2022 11:49 AM (ESjRY)

261 GM and Ford are essentially auto loan financers that happen make cars on the side

Didn't GM spin off their financing operation as Ally Bank? Or do they still own it?

Posted by: Ian S. at May 02, 2022 11:50 AM (ZGrMX)

262 Student loan forgiveness means that plumbers and electricians and waitresses will be paying the student loans of doctors and lawyers.

IOW, blue-collar conservative voters will be paying the bills of white-collar Democrat voters.

Posted by: Cybernetic at May 02, 2022 11:50 AM (xawZJ)

263 Puke...

The American Rescue Plan passed in March 2021 includes a provision that student loan forgiveness issued between December 30, 2020 and January 1, 2026 will not be taxable to the recipient.

https://educationdata.org/
what-happens-if-student-loan-debt-is-canceled

Posted by: olddog in mo at May 02, 2022 11:50 AM (ViCCR)

264 188 I questioned VA mortgages in a personal conversation with my congressman. I asked him why the federal government would lend money to banks for 1/4 percent to fund mortgage loans to veterans. Why not just lend the money directly to the veterans and charge 1/4 percent for the paperwork? He couldn't understand the concept.
Posted by: jwest at May 02, 2022 11:38 AM (/BlEx)
It's some kind of brother-in-law money skimming deal the politicians dreamed up. Just like ExpressScrips, and sticking CVS and and other drug giants into a function the VA and DoD should be doing for veterans and retirees. 'Hey let's stick a middleman in between here and let another associate dip his beak'.

Posted by: Eromero at May 02, 2022 11:50 AM (0OP+5)

265 The Crayola Haired Screwheads was a British boy band for about five minutes in 1983.

Posted by: Quarter Twenty at May 02, 2022 11:50 AM (jYQlA)

266 260 So apparently the left reads the ant and the grasshopper not as a morality tale but as a plan?
------------------
There is talk about serving grasshoppers to save the planet. Let's take them up on this idea.

Posted by: Puddinghead at May 02, 2022 11:50 AM (D8mow)

267 This is a defunct government. I will take every nickel out of it that I can before it collapses.

Posted by: Cat Ass Trophy at May 02, 2022 11:50 AM (R8uWY)

268 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?

Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)

269 "Let’s embrace the idea that colleges and universities exploited naïve teenagers, and propose partial debt forgiveness funded by the universities’ mountains of cash."

Sometimes, sure. But where is the discussion of the 2009 student loan nationalizations? They fucked millions of borrowers - tore up their loan contract terms and contracted the servicing out to Dem cronies who then proceeded to rip so many people off that some of (them via lawsuit/regulators) have already had the remainder of their portfolios written off entirely.

Posted by: somedood - skull mountain sherpa at May 02, 2022 11:50 AM (BbSpR)

270
we'll forgive your student debt
for 3 years' military service
Posted by: DB

Everyone that gets student loan debt forgiveness has to serve 6 years in the military.
Posted by: sniffybigtoe


I hear 3 years. I hear 6 years. Anybody give me 9 years?

Posted by: Auctioneer at the bankruptcy sale at May 02, 2022 11:51 AM (63Dwl)

271 My own servicer's scam of choice was to go on a huge campaign of slow walking paperwork and then putting people in for the "wrong" type of deferment while "fixing" it, resulting in a full interest capitalization. They did this for about 2 years and then when another servicer got nailed for it suddenly decided to get out of the business.
Another common scam was selling parts of their portfolio multiple times; borrowers who owed 50k suddenly find they owe 150k to companies who then decide that passing the hot potato as fast as possible is the way to fix it.

And then we have PSLF and the 99% rejection rate once they hit the end of their term..

Posted by: somedood - skull mountain sherpa at May 02, 2022 11:51 AM (BbSpR)

272 IF they want to forgive *any* student loans guaranteed by the Fed then the same bill must ban the Feds from funding/underwriting *any* student loans.

Totally agree that the endowments of all public and private schools ought to be garnished to pay for all the 'forgiveness' as well.

Posted by: AZ deplorable moron at May 02, 2022 11:51 AM (4nWdt)

273 What is the legality of just forgiving loans like this? Does it take a bill in Congress?

If a President could just do this unilaterally, why didn't Obama do it on his way out?

Posted by: Blago at May 02, 2022 11:51 AM (eK/kK)

274 Make colleges co-sign student loans.

And then encourage a class action lawsuit by all private college students against their colleges for fraud.

Posted by: 18-1 at May 02, 2022 11:51 AM (ESjRY)

275 Serve six years in the military AND can't vote for ten.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:51 AM (rjyzh)

276 Wasn't GMAC at the heart of the shitty loan collapse? And didn't we reward GM with government loans and a bail out from their bondholders?

Posted by: Cat Ass Trophy



Yep. Another one of the Emperor Shit Midas's brilliant ideas.

Posted by: Sharkman at May 02, 2022 11:51 AM (ULISU)

277 Cancelling student loan debt may add up to 1.5 million new jobs.

Any time you see a statement that includes the word "may" or "could," immediately append "or may not" to the sentence. Applies especially when the topic is climate change or economics.

Posted by: Oddbob at May 02, 2022 11:51 AM (nfrXX)

278 260 So apparently the left reads the ant and the grasshopper not as a morality tale but as a plan?
Posted by: 18-1 at May 02, 2022 11:49 AM (ESjRY)

They read it as a book on nutrition. That's what they want you eating, ants and grasshoppers.

Posted by: sniffybigtoe at May 02, 2022 11:51 AM (Y5qcH)

279 As for shaking down Big Ed... Whatever. Not a moral quandary. This is an utterly lawless country. But that means the gangsters dictate the laws, and Big Ed is down with the posse, so nobody's going to be robbing them. They're made men.

Posted by: Yudhishthira's Dice at May 02, 2022 11:51 AM (UGDPW)

280 This same people are announcing that everyone and all businesses should carry Narcan, because the fact that junkies are ODing all over Portland is just part of life in the big city,

and you need to just accept the fact that you need to be ready to intervene if someone starts dying in front of you.
Posted by: The ARC of History!

I don't "have" to do shit but watch them die. Not my monkeys. Not my circus.

Posted by: rickb223 at May 02, 2022 11:51 AM (H4qIP)

281 268 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)

And the one's paying their kids' college at full price right now...

Posted by: Nova local at May 02, 2022 11:52 AM (exHjb)

282 I hear 3 years. I hear 6 years. Anybody give me 9 years?

Posted by: Auctioneer at the bankruptcy sale



12!

And you only get to vote if you have a purple heart!

Posted by: Sharkman at May 02, 2022 11:52 AM (ULISU)

283 Black and African American college graduates owe an average of $25,000 more in student loan debt than White college graduates.

58% of student loan debt belongs to women.

Women of color who borrow money to pay for college are 12% more likely to have student loan debt than White women.

Student borrowers who identify as LGBTQ have an average of $16,000 more in student loan debt than those who are not LGBTQ.

Posted by: olddog in mo at May 02, 2022 11:52 AM (ViCCR)

284 I still think it won't be a blanket forgiveness, but a focused one on the genetically incapable and inferior.

HBCU students and education degrees will be my guess.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:52 AM (rjyzh)

285 we'll forgive your student debt
for 3 years' military service


The Biden junta does want cannon fodder for a war with Russia but...they don't want their voters.

Posted by: 18-1 at May 02, 2022 11:52 AM (ESjRY)

286 Not to jump on medical doctors, but they are among those with advanced degrees and debt. Like a relative of mine who repaid her loan. Because she had a good income.

But today's borrowers should not have to repay!?
Posted by: JM in Florida at May 02, 2022 11:49 AM


Ayuh. Went to law school. Got decent job. Paid loans back in full. And these little shites want me to pay for their loans, too? FYNQ.

Posted by: RedMindBlueState at May 02, 2022 11:52 AM (h6/n7)

287 And thanks again to Trump for getting the ball rolling on not ever paying these student loans back. Hope it helped him with his graduate student base.

Posted by: Blago at May 02, 2022 11:53 AM (eK/kK)

288 Black and African American college graduates owe an average of $25,000 more in student loan debt than White college graduates.

58% of student loan debt belongs to women.

Women of color who borrow money to pay for college are 12% more likely to have student loan debt than White women.

Student borrowers who identify as LGBTQ have an average of $16,000 more in student loan debt than those who are not LGBTQ.
Posted by: olddog in mo

*

And college graduates earn ten million dollars more than non college graduates over the course of a lifetime or whatever, so f*ck 'em. Use some of that big money, sugartits.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:53 AM (rjyzh)

289 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)


How many of them do you think vote for us now?

Posted by: Democrats at May 02, 2022 11:53 AM (FJYfm)

290 The American Rescue Plan passed in March 2021 includes a provision that student loan forgiveness issued between December 30, 2020 and January 1, 2026 will not be taxable to the recipient.

https://educationdata.org/
what-happens-if-student-loan-debt-is-canceled
Posted by: olddog in mo at May 02, 2022 11:50 AM (ViCCR)


Seriously? That was the only part of this debacle I was looking forward to.

Posted by: Jordan61 at May 02, 2022 11:53 AM (DRSnL)

291 267 This is a defunct government. I will take every nickel out of it that I can before it collapses.
Posted by: Cat Ass Trophy at May 02, 2022 11:50 AM (R8uWY)

They more that is taken the faster it collapses. It is everyone's patriotic duty to bleed the beast!

Posted by: Red Turban Someguy - The Republic is already dead! at May 02, 2022 11:54 AM (b2nrj)

292 Destroying the lending/debt cycle is a marxist wet dream.

Posted by: sniffybigtoe at May 02, 2022 11:54 AM (Y5qcH)

293 I don't "have" to do shit but watch them die. Not my monkeys. Not my circus.
Posted by: rickb223 at May 02, 2022 11:51 AM (H4qIP)

So you're more a Nar-won't than a Nar-can't?

Posted by: Warai-otoko at May 02, 2022 11:54 AM (/EuRN)

294 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper

*

I suspect it's been studied enough and determined that they don't vote Democrat, so they don't care.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:55 AM (rjyzh)

295 I hear 3 years. I hear 6 years. Anybody give me 9 years?

How about "$(outstanding loan balance) / $(annual pay for an E-2)"?

Posted by: Oddbob at May 02, 2022 11:55 AM (nfrXX)

296 I just took 3/4 of my inheritance from my parents and put it into:

1. 14 y/o daughter's college 529 account, which I can't touch and neither can her Mom until she goes to college. My brother is the custodian.

2. 20K to pay off my eldest daughter's college loans.

3. 20K for a down payment on my eldest daughter's first house with her husband and 1 y/o grandson.

4. 40K to my son for him to start a business.

So, this has me livid, since I'm still paying off my law school loans, despite not being an attorney for the last 10 years.

Posted by: Sharkman at May 02, 2022 11:55 AM (ULISU)

297 This is a defunct government. I will take every nickel out of it that I can before it collapses.
Posted by: Cat Ass Trophy at May 02, 2022 11:50 AM (R8uWY)

Absolutely. You owe them nothing but contempt. And there is no future to preserve. Squeeze it for everything you can. Fuck 'em.

Posted by: Yudhishthira's Dice at May 02, 2022 11:55 AM (UGDPW)

298 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)


How many of them do you think vote for us now?
Posted by: Democrats
___

It's not a political winner except for people that already reliably vote Democrat.

There's still a lot of working class people that buy into the Dems bullshit.

Posted by: Blago at May 02, 2022 11:55 AM (eK/kK)

299 So you're more a Nar-won't than a Nar-can't?
Posted by: Warai-otoko

Yep. 👍🏻

Posted by: rickb223 at May 02, 2022 11:55 AM (H4qIP)

300 "268 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)"

The deliberate trap here is that you have few million borrowers who couldn't scrimp to pay off the debt, because Obama stole their debt and farmed it to companies that didn't even have staff/offices to service it.

You can't pay off a loan when there isn't any place to send payments to.

And, again... the PSLF debacle, and the coming equivalent in non-public service loans that's about to start. There isn't any feasible solution to fairly untangle this. A lot of people don't really understand what happened in 2009 and think this is just about whiny twats that want handouts.

Posted by: somedood - skull mountain sherpa at May 02, 2022 11:56 AM (BbSpR)

301 I was a naive college student since I had no one to go to for advice. My parents finished HS and my brother barely graduated. Guess what, I was still smart enough not to put myself into debt that would take years to pay off. I worked all through my college years. Full time the first 2 years. No sympathy here.

Posted by: neverenoughcaffeine at May 02, 2022 11:56 AM (2NHgQ)

302 "How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?"

Every honest person in this country is already fed up to here.

Posted by: Ride The Non-Operating Reefer With gp at May 02, 2022 11:56 AM (qpX6U)

303 262 Student loan forgiveness means that plumbers and electricians and waitresses will be paying the student loans of doctors and lawyers.

IOW, blue-collar conservative voters will be paying the bills of white-collar Democrat voters.

Posted by: Cybernetic at May 02, 2022 11:50 AM (xawZJ)


Blue collar workers will also be paying the student loans of people employed at outfits that do not have tangible and useful products: NGOs, foundations, and diversity offices at colleges.

Posted by: Gref at May 02, 2022 11:56 AM (AMIL/)

304 Bring back workhouses

Posted by: DB at May 02, 2022 11:56 AM (geLO8)

305 John Deere is a hat company that occasionally makes tractors.
Posted by: Warai-otoko

The Seattle Mariners are a hat company that occasionally sells tickets to games
Posted by: Christopher R Taylor at May 02, 2022 11:49 AM (KZzsI)
***
FOX is an entertainment company that occasionally publishes news. Only in the case of this weekend in Portland, its pretty bogus. "Chaos" "Havoc" as Antifa attacks a GOP rally. AYFKM??? I counted 9 guys in black and maybe twice as many at the rally. Police took 20 minutes to respond.
Give me a break. Time to change the rules.
If you can't handle 9 protesters on your own, don't have a rally.

Posted by: Diogenes at May 02, 2022 11:57 AM (axyOa)

306 "there is no future to preserve."

Roger that.

Posted by: Ride The Non-Operating Reefer With gp at May 02, 2022 11:57 AM (qpX6U)

307 Absolutely. You owe them nothing but contempt. And there is no future to preserve. Squeeze it for everything you can. Fuck 'em.

100%.

Posted by: Ian S. at May 02, 2022 11:57 AM (ZGrMX)

308 If AOC started flashing her tits, ass and pussy in social media as a tik-tok influencer, she could pay off her loans. And buy a house for grandma.

Posted by: Dr. Bone at May 02, 2022 11:57 AM (LkM8p)

309 58% of student loan debt belongs to women.

Women of color who borrow money to pay for college are 12% more likely to have student loan debt than White women.

Student borrowers who identify as LGBTQ have an average of $16,000 more in student loan debt than those who are not LGBTQ.
Posted by: olddog in mo

And what proportion of that population gets useless SJW studies degrees in community nonprofit activism?

Posted by: Cat Ass Trophy at May 02, 2022 11:57 AM (R8uWY)

310 Blue collar workers will also be paying the student loans of people employed at outfits that do not have tangible and useful products: NGOs, foundations, and diversity offices at colleges.
Posted by: Gref

*

Yep. As was mentioned above "Over 50% of student debt is held by those who took out the debt for post-graduate degrees."

This is Hunter Biden style wealth redistribution, poor to rich. Nothing more.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 11:58 AM (rjyzh)

311 Bring back workhouses
Posted by: DB at May 02, 2022 11:56 AM (geLO

And orphanages.
And county insane asylums.
And eliminate welfare.

Posted by: Deplorable Ian Galt at May 02, 2022 11:58 AM (yvARr)

312 304 Bring back workhouses
Posted by: DB at May 02, 2022 11:56 AM (geLO

Hear, hear...

Posted by: Ebenezer Scrooge at May 02, 2022 11:58 AM (BgMrQ)

313 Why are tech schools being left off this discussion? Why is training that leads to REAL occupations not covered by this mess? Are they not UNION heavy? Unions should be heaving over this as much as anyone, if they're not included.
I hear crickets.....
Wolf
BTW, my student debt was $7,897.00 after 4 years of college; my costs were covered by joining the National Guard, which paid 100% of my tuition and a majority of my other costs. This was SEPARATE from the GI bill. Most states have this program as well. It has served me VERY WELL!

Posted by: Mr Wolf at May 02, 2022 11:58 AM (hiYlW)

314 IRS requires for all other debt forgiveness, and taxes are paid on it by that student.
Posted by: Sharkman

So the deadbeats will have to take a loan to pay the IRS... More debt for them! WIN!

Posted by: AZ deplorable moron at May 02, 2022 11:59 AM (4nWdt)

315 Everyone that gets student loan debt forgiveness has to serve 6 years in the military.

-‐-

You don't want these losers in the military. But I have a better plan: make them run the giant human hamster wheel for 6 years generating electrical power for the rest of us. Just one shift per day, I'm not cruel.

Posted by: Lemmiwinks at May 02, 2022 11:59 AM (X6rqi)

316 Alright you primitive screwheads listen up.

Posted by: ... at May 02, 2022 11:59 AM (doqps)

317 I endorse! I would love to propose this solution next time one of my colleagues bring up student loan forgiveness at work and watch their heads spin.

Posted by: Chairman LMAO at May 02, 2022 11:59 AM (Wg1SU)

318 316 Alright you primitive screwheads listen up.
Posted by: ... at May 02, 2022 11:59 AM (doqps)

THIS is my BOOMstick!!!!

Posted by: Insomniac - Outlaw. Hoarder. Wrecker. Honker. at May 02, 2022 11:59 AM (II3Gr)

319 Why would anyone pay their student loans anymore?

I already stopped contributing to my kids 529 fund, I'm just going to tell them to work the system. I'm not going to be the one sucker that actually pays for it.

Posted by: Blago at May 02, 2022 12:00 PM (eK/kK)

320 Kolleges were, are and always have been overpriced shit shows.

Posted by: Hairyback Guy at May 02, 2022 12:00 PM (L3vwo)

321 And what proportion of that population gets useless SJW studies degrees in community nonprofit activism?
Posted by: Cat Ass Trophy at May 02, 2022 11:57
-----------------------

Just taking a swag, I'd say 99.9%.

Posted by: olddog in mo at May 02, 2022 12:00 PM (ViCCR)

322 If AOC started flashing her tits, ass and pussy in social media as a tik-tok influencer, she could pay off her loans. And buy a house for grandma.

AOSHQ commenters alone would make her rich on OnlyFans. I really don't get that thirst.

Posted by: Ian S. at May 02, 2022 12:00 PM (ZGrMX)

323 You don't want these losers in the military. But I have a better plan: make them run the giant human hamster wheel for 6 years generating electrical power for the rest of us. Just one shift per day, I'm not cruel.
Posted by: Lemmiwinks at May 02, 2022 11:59 AM (X6rqi)

I've always had a sneaking suspicion that that was the eventual plan for Peloton.... Back-feed all that power into the grid without telling anyone.

Too bad everyone uses their Luxury Hamster Wheel as a coat rack instead, though.

Posted by: Warai-otoko at May 02, 2022 12:00 PM (/EuRN)

324 You mean I can't make my student loan payment with my EBT card?

Posted by: Quarter Twenty at May 02, 2022 12:00 PM (jYQlA)

325 Why is no one pointing out that this is a BLATANT Vote buying scheme? Using Public funds to BUY OFF VOTERS?

Democracy does not die in Darkness, it's killed via the check book.

Posted by: Romeo13 at May 02, 2022 12:01 PM (oHd/0)

326 Bring back workhouses
Posted by: DB


I read that as whorehouses.
And I just got new glasses!

Posted by: rickb223 at May 02, 2022 12:01 PM (H4qIP)

327 I've been paying for my daughter's college as we go. The smart play would probably be to have her take out loans so they can be forgiven.

Posted by: 496 at May 02, 2022 12:01 PM (VJsqe)

328 I really don't get that thirst.

Posted by: Ian S. at May 02, 2022 12:00 PM (ZGrMX)

Bewbs and buck teeth, but mostly bewbs.

Posted by: anchorbabe fashion cop at May 02, 2022 12:01 PM (yvARr)

329 Kolleges were, are and always have been overpriced shit shows.

At least they used to have something to show for it. Now they don't even have that.

Posted by: Ian S. at May 02, 2022 12:01 PM (ZGrMX)

330 If the IRS is in any way involved in debt forgiveness they will by any means necessary get their cut.

Posted by: Martini Farmer at May 02, 2022 12:02 PM (BFigT)

331 It's funny. It wasn't 30 years ago that you could work full time in the summer, part time in the school year, in low and no skill jobs, and graduate from state schools with little to no debt.

And then the student loan industry started ramping up, and high school teachers in the late 80s and 90s began insisting that everyone was college material and should go. One can only imagine how it is now that colleges are actively advertising to try and get kids to deposit their student loan checks with them for at least one year.

Posted by: Moron Robbie - Billions for Ukraine's war, not a penny for peace talks at May 02, 2022 12:02 PM (EdaAK)

332 Sure, forgive the debt, charge it to the university that they attended, and withdraw the degree from the debtor.

Fair is fair. They didn't pay, they don't have the degree, and the institution that charged for the goods pays.

Posted by: Thomas Paine at May 02, 2022 12:02 PM (5kI0z)

333 58% of student loan debt belongs to women.

More women go to higher education than men today. I am also guessing that a greater percentage of women are getting underwater Bulgarian basketweaving degrees as well.

Posted by: Christopher R Taylor at May 02, 2022 12:02 PM (KZzsI)

334 2 Student loan forgiveness means that plumbers and electricians and waitresses will be paying the student loans of doctors and lawyers.

IOW, blue-collar conservative voters will be paying the bills of white-collar Democrat voters.

Posted by: Cybernetic at May 02, 2022 11:50 AM (xawZJ)

So as usual for Democrats, slavery.

Posted by: ... at May 02, 2022 12:02 PM (doqps)

335 Bewbs and buck teeth, but mostly bewbs.

If you can get a boner looking at that scowl, you should probably cut back on the Viagra.

Posted by: Ian S. at May 02, 2022 12:02 PM (ZGrMX)

336 You don't want these losers in the military. But I have a better plan: make them run the giant human hamster wheel for 6 years generating electrical power for the rest of us.

Just one shift per day, I'm not cruel.
Posted by: Lemmiwinks

One shift = 18 hours

Posted by: rickb223 at May 02, 2022 12:02 PM (H4qIP)

337 "Kolleges were, are and always have been overpriced shit shows."

I still believe in MIT, but I am fully prepared for disappointments to come.

Posted by: Ride The Non-Operating Reefer With gp at May 02, 2022 12:02 PM (qpX6U)

338 Let's call it what it is - Student Debt Transference...

Posted by: Russell at May 02, 2022 12:03 PM (bP/3j)

339 Alright you primitive screwheads listen up.
Posted by: ... at May 02, 2022 11:59 AM (doqps)
---
THIS is my BOOMstick!!!!
Posted by: Insomniac
---
S-Mart's top of the line.

Posted by: AZ deplorable moron at May 02, 2022 12:03 PM (4nWdt)

340 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?
Posted by: creeper at May 02, 2022 11:50 AM (cTCuP)
++++
We don't matter.

Posted by: Joe Mannix (Not a cop!) at May 02, 2022 12:03 PM (DU+/6)

341 I paid my student loan in FULL back in November. Of the 10K about 4K was interest. When I got my 1098-E tax form from Navient it said my interest paid for 2021 was $486. After I freaked out I was told the max on interest you could claim on a student loan was $2500. So why was it on $486?! Try to get an answer out of the fucking Asian asswipes on the Navient phone line, who can give you an answer, is unbelievably frustrating.

Posted by: sidney at May 02, 2022 12:03 PM (Uy/WF)

342 IRS requires for all other debt forgiveness, and taxes are paid on it by that student.
Posted by: Sharkman

So the deadbeats will have to take a loan to pay the IRS... More debt for them! WIN!
Posted by: AZ deplorable moron at May 02, 2022 11:59
-------------

No. See my comment @263

Posted by: olddog in mo at May 02, 2022 12:03 PM (ViCCR)

343 I've been paying for my daughter's college as we go. The smart play would probably be to have her take out loans so they can be forgiven.
Posted by: 496 at May 02, 2022 12:01 PM (VJsqe)


And Parent Plus loans for you!

Posted by: Jordan61 at May 02, 2022 12:04 PM (DRSnL)

344 What if we could trick these simpletons into whining about paying their payroll taxes (mandatory) instead of mortgages and student loans (both optional)....

Posted by: Warai-otoko at May 02, 2022 12:04 PM (/EuRN)

345 58% of student loan debt belongs to women.

Colleges passed 60% women I think almost 10 years ago. It's why there's a parade of articles about women who whine that they can't find educated men to date.

Posted by: Ian S. at May 02, 2022 12:04 PM (ZGrMX)

346 Bewbs and buck teeth, but mostly bewbs.

If you can get a boner looking at that scowl, you should probably cut back on the Viagra.
Posted by: Ian S. at May 02, 2022 12:02 PM (ZGrMX)

She has a face?

LOL

Posted by: anchorbabe fashion cop at May 02, 2022 12:04 PM (yvARr)

347 How is this not going to infuriate every honest individual who scrimped for years to pay off his debt?[/]

Lefty plans have always ignored the Forgotten Man, the one who pays the bills and works.

Posted by: Christopher R Taylor at May 02, 2022 12:04 PM (KZzsI)

348 341 I paid my student loan in FULL back in November. Of the 10K about 4K was interest. When I got my 1098-E tax form from Navient it said my interest paid for 2021 was $486. After I freaked out I was told the max on interest you could claim on a student loan was $2500. So why was it on $486?! Try to get an answer out of the fucking Asian asswipes on the Navient phone line, who can give you an answer, is unbelievably frustrating.
Posted by: sidney at May 02, 2022 12:03 PM (Uy/WF)
--
My understanding is that once interest capitalizes, it becomes part of the principal, and is no longer considered "interest". As a guess, the $486 was probably the interest that was paid when due during the year.

Posted by: Revenant at May 02, 2022 12:05 PM (+4D1M)

349 224 212 I personally know many people with very large student loans who have been dutifully paying down the principal on their loans throughout this debacle.

I reiterate: Psaki is a liar.
Posted by: Warai-otoko at May 02, 2022 11:41 AM (/EuRN)

Probably all the people who rightly realize that anyone who gets debt wiped out will not be "one of them" b/c they aren't the elite...

Posted by: Nova local at May 02, 2022

This! I borrowed shit tons of money to put my kids through undergrad so they have no student debt. Been paying it off religiously throughout the whole shit show. Gotta say having no interest accrual has been nice... but yeah I'd pay that too if I had to.

Psaki is a liar. Only reprobates Welch on their loans. Someone always pays.

Posted by: Cuthbert the Witless at May 02, 2022 12:05 PM (NTgws)

350 S-Mart's top of the line.

Shop smart. Shop S-Mart.

Posted by: Christopher R Taylor at May 02, 2022 12:05 PM (KZzsI)

351 AOC is ugly inside and out. She's got about five years left max before she ages herself out. All that anger is death for the complexion.

Posted by: ... at May 02, 2022 12:05 PM (doqps)

352
The GOP is palz with Big Ed, too. GWB in particular loved him some kollidges.

Posted by: Yudhishthira's Dice at May 02, 2022 12:05 PM (UGDPW)

353 I also assume that since they want to forgive student loans, they will also forgive everyones' mortgage debt, car payments, and credit card balances.

After all, debt is debt.

Posted by: Thomas Paine at May 02, 2022 12:05 PM (5kI0z)

354 Is interest still being charged while payments are suspended?

Posted by: BignJames at May 02, 2022 12:06 PM (AwYPR)

355
No. See my comment @263
Posted by: olddog

Puke.

Posted by: AZ deplorable moron at May 02, 2022 12:06 PM (4nWdt)

356 343 I've been paying for my daughter's college as we go. The smart play would probably be to have her take out loans so they can be forgiven.
Posted by: 496 at May 02, 2022 12:01 PM (VJsqe)

And Parent Plus loans for you!
Posted by: Jordan61 at May 02, 2022


Parent plus loans can't be absolved in a bankruptcy. They are like herpes that way.

Posted by: Cuthbert the Witless at May 02, 2022 12:07 PM (NTgws)

357 Is interest still being charged while payments are suspended?
Posted by: BignJames at May 02, 2022 12:06 PM (AwYPR)


No.

Posted by: Jordan61 at May 02, 2022 12:07 PM (DRSnL)

358 200
'infinite money forever.'

Infinite money != Infinite value

Posted by: Dr. Claw at May 02, 2022 12:07 PM (Hszs6)

359 And Parent Plus loans for you!
Posted by: Jordan61 at May 02, 2022 12:04 PM (DRSnL)

This, they wouldn't even give them a loan until we applied for PPL, and of course the bulk of the debt is on us.

Posted by: spypeach at May 02, 2022 12:08 PM (eWCZe)

360 354 Is interest still being charged while payments are suspended?
Posted by: BignJames at May 02, 2022 12:06 PM (AwYPR)

On and off. Hard to keep up with the latest.

Posted by: Cuthbert the Witless at May 02, 2022 12:08 PM (NTgws)

361 MisHum had a good idea last night, called the Fuck You, Pay Me plan.
Didn't get a good ROI from your college experience? Fuck you, pay me.
Spent a semester abroad and put it on your loan? Fuck You, Pay me.
etc.

Going forward, take government underwriting of college off the table completely.

This is a slap in the face of every single responsible person in the US.

Posted by: OneEyedJack at May 02, 2022 12:09 PM (MFphb)

362 The GOP and Democrats are the same entity.

Posted by: ... at May 02, 2022 12:10 PM (8w/5/)

363 hey there's a new post

Posted by: DB at May 02, 2022 12:10 PM (geLO8)

364 Nood.

Posted by: What's a Seawolf? at May 02, 2022 12:10 PM (khAeP)

365 NOOD pedo

Posted by: Additional Blond Agent, STEM Guy at May 02, 2022 12:10 PM (ZSK0i)

366 315 Everyone that gets student loan debt forgiveness has to serve 6 years in the military.
-‐-

You don't want these losers in the military. But I have a better plan: make them run the giant human hamster wheel for 6 years generating electrical power for the rest of us. Just one shift per day, I'm not cruel.
Posted by: Lemmiwinks at May 02, 2022 11:59 AM (X6rqi)
I suspect the 'new' military is going to be the 'swear allegiance to dear leader' army. And the current antifa/blm is the Brownshirts ,which will be purged and remnant absorbed by the 'new' military above. Scumbas all, willing to fire on citizens.

Posted by: Eromero at May 02, 2022 12:11 PM (0OP+5)

367 So there are going to be people who get special privileges.

Those who had to pay vs. those who do not have to pay.

Wonderfully divided society you have there, shame is something happened to it.

Honestly, it is just another way the pols can destroy the country's last bit of cohesion.

Socialized medicine is going to be terriff! Hey 75 years is enough already. You got an appointment at senior assistance center for your final "benefit". Have a nice party before you go.

Posted by: Its hard to be more cynical that I am, yet I seem to be adding layers every year at May 02, 2022 12:11 PM (fyb33)

368 Fuck student loans, how about we straighten out this health insurance bullshit first?

"Here's the one plan we'll allow you to buy. It sucks rodent balls and it costs an astronomical amount. But we'll subsidize it for you so it's only a painful amount for a piss poor plan, not an astronomical amount."

*tax time rolls around*

"Oh, by the way, we gave you too much money against your will last year, so we're taking it out of the other money we took against your will and promised you we'd give back."


...

I'm getting real close to dressing up as a savage and throwing a large amount of a symbolic product into a harbor, here.

Posted by: Warai-otoko at May 02, 2022 12:11 PM (/EuRN)

369 32 Put em all to work clearing brush and planting trees in the National Forests until the debt is payed off.
Posted by: Tinfoilbaby at May 02, 2022 11:12 AM (Y3RuP)

Credit them the rate for an E-1 under 2 years, plus government quarters and subs (barracks, tent cities, Dining hall). 80 per cent of net after taxes goes to pay debt. Holders of professional degrees (medical, nursing, ,psychologist, lawyer, etc.) can serve at the same rate as an equivalently credentialed member of the appropriate professional corps (typically O-1 to O-3, with years of service credit for professional education/training)

Posted by: Fox2! at May 02, 2022 12:13 PM (ueLz3)

370 "The language of medicine and science is being used to drive people to suicide," Levine also claimed.

Posted by: Muldoon at May 02, 2022 12:15 PM (kXYt5)

371 Its a comprehensively bad idea to "forgive" any student debt. Unlike medical expenses, student debt is avoidable.

And lets not play that stupid liars game of pointing to a cherry-picked list of high endowment Ivy universities. A lot of debt is in State schools. I don't want my State government robbing the Waffle House single-mom/waitress to underwrite a trans' "Studies" degree that has absolutely no value other than possibly a LGBT commissar foisted upon businesses.

What are the lessons learned? That if a constituency grows sufficiently loud in their demands they can plunder the rest of society to achieve their (read: politician's) goals?

This is pure, unadulterated evil.

Posted by: Reuben Hick at May 02, 2022 12:16 PM (AHeqJ)

372 296
'not being an attorney for the last 10 years.'

You'll always be an attorney to me.

Posted by: Dr. Claw at May 02, 2022 12:17 PM (Hszs6)

373 As a guy who has one full time job and 4 part time jobs so that I can make mortgage, student debt, and savings, and has worked real aggressively to pay that shit off, I'm going to be furious if they try to soak the taxpayer on this shit.

Posted by: SomeAsshole at May 02, 2022 12:18 PM (NkHdu)

374 348>Thank you for giving me a answer that makes sense, not that it gives me any comfort. I just know I'm done with the loan. Credit score now 832.

Posted by: sidney at May 02, 2022 12:19 PM (Uy/WF)

375 I'd suggest debt 'forgiveness' in exchange for providing needed services for low-income persons, like nursing homes, homeless shelters, drug rehab, urban blight renewal, etc.

Posted by: Eric at May 02, 2022 12:20 PM (eUnCo)

376 @313 Why are tech schools being left off this discussion?

Oh, I never do. Here we go: in many places, if you "go to sign up for trade school" you will be directed to your local community college, where the combined union boards and the state education department co-operate and co-fund to run their official card-obtaining program. You sign up for student loans just as if you were at Big State, and yes there have been multiple scandals of students showing up to pick up their check and not being seen again until the next sign-up date.

It is possible to semi-flunk, procrastinate, or defraud these programs into unmanageable student debt just as easily as if you'd declared a major in the hated Humanities. A former neighbor, shirt-tail relation, farted around with trade school for about four years, and was carrying $30+K in loan debt when I was palling around with him. He was working as a welder "helper" and go-fer millwright at more or less fast-food wage, no end in sight, proud to get overtime over 40. In my day, high-school dropouts did better.

Posted by: Stringer Davis at May 02, 2022 12:26 PM (videA)

377 No. Not one thin dime. The way to resolve is to restore the ability that Joe Biden is ironically responsible for removing of people truly underwater to discharge or restructure student loan debt in bankruptcy, and or cap interest after some s number of years, seven to ten.

The end, solved. Private and institutional student loans should not be risk free for private lenders ir the institutions that benefit.

people already get income based tax relief for student loans they repay.

my son should not lose the advantage of being debt free over people who accumulated stupid debt. I personally paid out of my own pocket a substantial portion to gain that future advantage, to my own disadvantage and reduced comfort.

He did his bit, too.
Refund the tuition and expenses inflated by unbankruptable loans, and give me lost opportunities and sacrifice back, if you are going to let people,able to pay, who just don't want to because they'd like nicer shoes and better houses or fancier vacations.

Posted by: Sarahw at May 02, 2022 12:40 PM (g1vnC)

378 I did not donate to Harvard Pedo endowment so it can be used to pay off Heterosexual graduates debt from Arizona State. Let the tax payers take the hit.

Posted by: Bang-a-gong at May 02, 2022 12:45 PM (Qc+Wp)

379 . . . fuckin' aye.. . . . . .

Posted by: H8 Marxist Rat Bastards & Used in-our-face Sodomites at May 02, 2022 12:56 PM (5DfsO)

380 How can colleges be made to repay student debt?
A straight taking is unconstitutional.
A targeted excise or fee would likely also be unconstitutional.
Suing them for fraud, while true, would take longer than waiting for the loans to be repaid and not be guaranteed to succeed.
Cancelling government loans, loan guarantees, and scholarships, to provoke a political conflict of new students seeking loans versus deadbeats would be nice, and quite in line with standard socialist practice, but would face initial political opposition.
The same with prohibiting grants to any colleges with outstanding student debt to make them reconsider providing junk degrees.

In many ways it is the same as the Wait in Mexico requirement for illegal immigrants. It all helps with the future, but does not about the current problem, which can only be resolved by doing something "impossible" (deporting 10M illegals vs getting the unemployable with degrees to repay).

Posted by: Sam at May 02, 2022 12:57 PM (ohyxL)

381 Change the law to allow student loans to be voided under the bankruptcy laws. Easy fix, we do it every day for people that got over the heads for mortgages, business loans, medical expenses and vehicles. Let the bankruptcy courts determine who can pay and how much.

Posted by: Robert J Sabatini at May 02, 2022 01:11 PM (eA8yd)

382 I know that this is willowed, but I was thinking more about it. If the Obama (Biden) administration forgives the debt, then it loses that card to play. This is why they haven't done it yet.

Currently they postpone the debt. When does that stop? As soon as a Republican takes office, that's when.

Posted by: David Prince at May 02, 2022 01:12 PM (WUxVt)

383 Let's forgive all loans. ALL of them. Mortgages, car loans, everything.

Except that beer money you owe me.

Posted by: The Gipper Lives at May 02, 2022 01:56 PM (Ndje9)

384 Fortunately, and through varying ways, I owe zero for my degrees.

Posted by: Cow Demon at May 02, 2022 05:24 PM (CdZ4i)

385 I know that I missed the boat on this particular comment section, I would agree to offer repayment in exchange for measures that would cripple the shitlib hold our colleges going forward (at least more so than them having to pay part of the loans):

1. No Tenure
2. Forced intellectual diversity among staff (i.e. force hiring of conservatives)
3. Mandatory elimination of minimum of 75% of administrative staff
4. No Confucius Institutes
5. Elimination of new age contrived majors, such as gender courses, etc.
6. Accountability for Post Grad success - University responsible for any student that wishes to return degree in exchange for student loans
7. Radical revamp of admissions process - complete elimination of race-based admissions as well as scholarships

That's just what immediately springs to mind - but if we were able to use student loans as a means for the total destruction of the shit-lib higher education monolith, then $1.3 trillion is getting off cheap.

Posted by: cocktail_lawyer at May 02, 2022 06:51 PM (B4Jzd)

386 With all that money, why do they charge at all?

Posted by: Bob at May 02, 2022 07:26 PM (d+5Bz)

387 "Student loan repayment is not going to come back as it was before Covid. That offends my principles, but it’s a fact."

- Brock Cuckmorton

Posted by: unvaxxed-trucker-traitor and noted Putin shill at May 02, 2022 09:37 PM (fcWVN)

388 ART NOOD

Posted by: Skip's phone at May 03, 2022 09:31 AM (JifjA)

389 This design is incredible! You certainly know how to keep a
reader entertained. Between your wit and your videos, I was
almost moved to start my own blog (well, almost...HaHa!) Fantastic job.
I really loved what you had to say, and more than that, how you presented it.
Too cool!

Posted by: honda banjarmasin at May 30, 2022 01:12 PM (dCS86)

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