$1.6T Student Debt - No Warning, Just Gone

Actually there is a warning.

https://www.foxnews.com/politics/bernie-sanders-to-propose-eliminating-all-1-6-trillion-of-student-debt-in-america

Look, no one thinks student debt problem is more out of control than I do.

However, this 'solution' is:

a) not creative

b) nothing more than a plan to buy, err bribe for, votes

More from the party of unintended consequences. As always the Devil will be in the details...

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Welcome to Obamas America

i'll need to hear from DDY Tree Guy

Comments

SFGbob

How about the incentive that you signed a contract and borrowed the money now you're on the hook to pay it back. People should pay back the money they are contractually obligated to pay and not one penny less.

You shouldn't need an incentive not to be a dead beat.

2001400ex

My dad was pour so they were federal subsidized loans. He made too much for Pell Grant. I actually paid a chunk of my college at the time which was dumb looking back. I should have maxed out the loans at interest free during college and put the money I was paying for school into investments.

CirrhosisDawg

Sounds like they have a contract!

SFGbob

I hear that banks can foreclose on people even if they're current on their loans. At least that's what some fucking moron from El Monte said.

2001400ex

There's a lot of things people should and shouldn't be. You shouldn't be a Homophobic faggot but we accept that. A lot of people are deadbeats. A lot of college graduates defer their student loans indefinitely. Reducing the liability also brings more money into the economy for people who are actually educated. For someone who supports tax cuts for the wealthy. I'd think you'd support invectives for people who actually pay their debts.

CirrhosisDawg

They can’t? I’m sure you have a link. Answer the question GayBob.

SFGbob

You can't defer your loans indefinitely. Do you have any more fantasy stories you'd like tell us Hondo? I support invective for people who don't pay their debts.

RaceBannon

take away fed loans and watch the price of tuition collapse

If you can't afford to pay back the loans, that was a pretty bad decision on your part. All that debt to study 17 genders

SAD

2001400ex

If you know how to work the system. Indefinitely isn't far off. Or if your loan was prior to 1993.

https://studentaid.ed.gov/sa/repay-loans/deferment-forbearance

Sledog

CD only has 17 genders? Is guess 57.

SFGbob

Or you could just lie and then when called on your lie post a link that doesn't support your lie. You can't defer your loan payments indefinitely Hondo. You talked straight out of your ass and now instead of admitting as much you're doubling down and lying. This is what you do.

2001400ex

Do you ever wonder why I'm the only dumbfuck dumb enough to try to actually engage you in a conversation?

SFGbob

Do you ever wonder why you're a pathological liar who is constantly posting links that don't support what you've claimed? You can't defer your student loan payments indefinitely. You fucking lied Kunt, just as you always lie and instead of having the integrity to just admit you were wrong you now compound it by doubling down on your lie.

2001400ex

Yeah you don't get upset about lies* at all. In any way.

* Perceived lies. Any idiot understands the concept I was speaking about.

CirrhosisDawg

They can’t? Link? Answer the question GayBob.

SFGbob

Ah yes the "concept" of you being a pathological liar.

A lot of college graduates defer their student loans indefinitely.

2001400ex

So you don't understand. Got it.

SFGbob

I get that you're a liar who can't back up your mouth. No college students defer their student loans indefinitely.

2001400ex

Bob had never heard of countrywide mortgage.

SFGbob

Yeah, one of my best friends was an executive there but I've never heard of it. You're free to provide evidence in support of it Hondo. Last time you stuck your head up your ass and posted about some guy who was behind on his reverse mortgage. Loved the way you ran and hid like a Kunt from that thread.