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Trump NUKES Biden Student Debt Forgiveness, Will Begin COLLECTIONS
DerekJohnson
Administrator, Swaye's Wigwam Posts: 66,419 
in Tug Tavern
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Thank God. Now maybe the little liberal shits will understand what it is like to make horrible financial decisions and be responsible for those decisions.
"I'll take Comparative American Literature for $200K Alex."
I’m for some sort of student loans currently bailout for existing loans. But that’s 100% contingent on getting the government out of future loans and reforming the bankruptcy laws also. There’s a deal to be made here that would benefit everyone but the colleges and the banks. Let the left shoot that down.
This, stop the government backing these loans 100% for colleges. Let them or private entities fund these loans and you'll see the (fill in the blank) studies evaporate.
College used to be affordable. Even when I went, I think it was under $16,000 for five years of c.c. and UW. My parents paid for a lot of it, I paid for about three percent, and a job paid for some of it.
The loan thing is all a scam to enrich people.
Poor innocent stupid girls who couldn't do a cost benefit analysis and didn't understand that the government cheese had to be paid back. If only someone as financially astute as a real man like Buck could have mansplained to them.
https://www.yahoo.com/news/women-could-most-affected-trump-193123022.html?guccounter=1&guce_referrer=aHR0cHM6Ly9pbnN0YXB1bmRpdC5jb20v&guce_referrer_sig=AQAAABRieOyYZjcfs9orqEEywodssDTBkQfhcUWASmOBRW_gAfLXEIHkdcWgji1uOtLdWDVGeW0Ga3b5Mpy4T_DqVZLwZYp5rLYpivfhz9OGqfYlo80az8XYzYxw2RG4NR4050d8NH6bUZdvO3HpKlZca4kDWOnMjLZZrApfjF6XZ-N7
Women could be most affected by Trump’s penalties for overdue student loansWomen are overrepresented on college campuses and hold nearly two-thirds of the nation's $1.6 trillion student debt.
For the first time in five years, student loan borrowers whose payments are long overdue could face stiff consequences, and that puts a disproportionate number of women at further financial risk. The Department of Education announced Monday that, starting on May 5, its Office of Federal Student Aid (FSA) will start collecting student debt in default. Delinquent borrowers could have their wages garnished as early as the summer…
If you borrowed the money pay it back. Student loan problem solved.
It's rare I disagree with you but this is one of those times. Why should the taxpayers bail out people with their student loans? Why not have taxpayers pay off people's mortgages or car loans?
Totally get that and agree with it. I’m only offering a bailout with huge systemic reform which will prevent this from happening again while crushing the colleges and financially forcing them to get back to their core mission. Reality is we aren’t going to see the money from the existing loans anytime soon. There’s a ton of money to be saved over time with a good deal made that could offset some kind of bailout.
Our biggest national problem is that our huge dysfunctional problems can't be fixed in a couple of years. Especially when our enemies like China think they are just an election away from having the dems back in power or having veto power from continuing the reforms. We have sort of conservatives like Goduckies already giving up on tariffs and doing anything to restore fair trade and secure key supply chain things like pharmaceuticals, access to key metals and minerals and moving manufacturing out of China to other Southeast counties or Latin America for say shoe and clothing imports. We have a large debt forgiveness and adopt some reforms on student debt and on day one of a dem presidency it is business back to usual. That's one of the problems with building a lot of very expensive oil and gas infrastructure because again we are one election away from having it all taken away again.
Like an immigration deal the first step is stopping the loans. Then something that has the colleges paying the most could be discussed
A 17 year old having been told their life depends on college makes a really stupid decision.
They should stick to changing their gender at that age
Like the dems discussion on the housing "crisis" is to have the feds fund the down payment and subsidize the interest on the mortgage as a solution with a huge DEI component. Sort of like in 2007 with no down payment or real credit checks on mortgages. That worked out well. In Oregon and Cali where the federal government owns almost or more than 50% of the state the solution is to let in tens of millions of illegals and then lock up all the private land with zoning restrictions, implement huge building restrictions and large permitting fees and then institute or threaten to institute rent controls on apartments.
Republicans are too “principled” to cut a deal here even if it made financial and political sense to do it. They would prefer to continue to let the problem fester as long as they get to stay principled, whatever that means. My principle is if a deal makes sense, then make it. Use your leverage to get the best possible deal. And let the left try and undermine it to protect to the colleges and banks.
Women about to go from "we're more educated" to "we're victims" real quick
Sort of like Jon Stewart. Alternated between serious commentator and then when called out put on his clown nose and said he was just a comedian. Anyway, we know that men make the best women.
Colleges hold endowments of billions. Let them pay off some of the debt they caused by overcharging.
US banks that were just following the dems DEI rules on mortgage lending were fined billions for fraud in lending to people that "couldn't pay it back". College tuition and requirements to live in expensive college housing is apparently different because reasons…
Would be great. But they aren’t going to offer that up without something in exchange and you legally can’t just require them to do it.
I can’t even remember how much tuition was while I was a UW but I do remember buying books seemed outrageously expensive 40+ years ago. I waited tables downtown all four years and graduated with a little over $10k debt. I received a zero % interest rate for a year on a new credit card and transferred my student debt and paid it off while paying zero interest. I had established good credit in hs prior and this new promotion wasn’t my first credit card/loan.
I didn’t ask a penny from my parents and was able to qualify for a Pell grant and as a freshman I lived with my grandmother in Leshi as a freshman so my only expenses were mostly school.
I wasn't previously in favor of student debt relief but reading a few of your comments I can see a middle ground.
I've never been for tarrifs world wide....have no issue with the ones on China as they needed a check.... but the rest are just dumb.... especially Canada and Mexico considering Trump did USMCA himself. The economy was running fine before and didn't need the tarrifs on the rest of the world... you all may be excited about them, but there is a reason after 4 days he pulled them and pushed aside Navarro.
The economy was running fine?
Kamala was robbed