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Student loan forgiveness: Biden promise to forgive $10,000 in debt remains unfulfilled

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Comments

  • PurpleThrobber
    PurpleThrobber Member Posts: 48,791 Standard Supporter
    If this gets the fucking millennials to STFU, $10K is worth it. Pay it and move on.

    Same with goddamned reparations bullshit. Pay $10K and then STFU, too.

    Mostly just STFU.

  • SFGbob
    SFGbob Member Posts: 33,215

    If this gets the fucking millennials to STFU, $10K is worth it. Pay it and move on.

    Same with goddamned reparations bullshit. Pay $10K and then STFU, too.

    Mostly just STFU.

    They won’t STFU though. Just like slavery reparations won’t end any of the racism industrial complex.
    How can you expect them to be silent when gays and blacks don’t have equal rights in this country?
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,098 Founders Club
    edited July 2021

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,431 Founders Club

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
    Joe knows why.

    https://www.theguardian.com/us-news/2019/dec/02/joe-biden-student-loan-debt-2005-act-2020
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,027 Founders Club
    Bob_C said:

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
    Joe knows why.

    https://www.theguardian.com/us-news/2019/dec/02/joe-biden-student-loan-debt-2005-act-2020
    In December of 2019 the media still dared to criticize Joe
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,791 Standard Supporter

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
    Because the fucktardery of incurring six figure debt for a sociology degree is beyond forgiveness.
  • Sources
    Sources Member, Swaye's Wigwam Posts: 4,421 Founders Club

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
    Because I would have coasted through a JD / MBA and wiped the slate clean on day 1. And I’m not the only one. The math isn’t hard
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,638 Founders Club
    Sources said:

    Mixed feelings on student loan forgiveness. On one hand, loans should be repaid. Nobody made them take the student loan. On the other hand, academia has been a huge racket for awhile.

    An 18 year old with no credit can’t get a $10,000 loan to open a business, but they will give the same 18 year old $100,000 to attend college.

    The key question is why is it that student loans are the only loans of which you can't default via bankruptcy? Why?
    Because I would have coasted through a JD / MBA and wiped the slate clean on day 1. And I’m not the only one. The math isn’t hard
    Then lenders wouldn't lend for bullshit. Seems like a good solution.