SpaceCoastVol
Jacked up on moonshine and testosterone
- Joined
- Sep 10, 2009
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seriously Clark?Its a lot of items that you and I don't participate in or condone that we are on the hook for. You do know that we are $33 trillion in debt right now... right? Did you or your children or your grandchildren sign up for that?
So you petty bedwetters are having a fit about an additional $6 billion going to relieve the debts of other Americans, but have no issue with open borders or $61 billion going to Ukraine, Taiwan and Israel?
If you think student loan debt relief is the final straw, you guys have no idea what is really going on in this country. $6 billion ain't diddly-squat.
Hell yeah. You want your loan paid off by the American public, you get $25,000/year for every year you serve in the military.This could be true with the public service loans maybe?
But if the larger question of mass student loan forgiveness requires Congress to act, would that indicate that the taxpayers are part of the equation?
But even income based repayment was partially based on the amount of the loan. I’m skeptical that the “taxpayers are paying for loan forgiveness” is accurate. It reeks of propaganda.
I think “the government is foregoing a profit on some loans and paying for it out of the profit they make on other loans” is likely more accurate description of what is going on here.
I understand that people who have an expectation of loan forgiveness will manage their payments to maximize the amount of their own loans that will be forgiven.I owe over 200k in student loans. I have to make ten years of payments and then the rest is forgiven because I work in a medically underserved area for a nonprofit.
This is from the federal student aid website. I will pay <10% of what I owe after ten years because the payments are so low. So when these people cry about “I’ve paid on my loan for twenty years and I still owe so much”, you shouldn’t feel sorry for them. They’re intentionally paying next to nothing
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I understand that people who have an expectation of loan forgiveness will manage their payments to maximize the amount of their own loans that will be forgiven.
That doesn’t mean it is valid to assume that all others, including those with no expectation of forgiveness, have done likewise.
I believe @ClearwaterVol himself has said that that is his plan.Answer:
Yes and it’s common
I believe @ClearwaterVol himself has said that that is his plan.
Read the rest of my posts in this thread.lol so 2 people telling him the same thing, but he still doesn’t believe it
So when these people cry about “I’ve paid on my loan for twenty years and I still owe so much”, you shouldn’t feel sorry for them. They’re intentionally paying next to nothing
And WTF you don't see or want to acknowledge is that this was a screwed up system (student loans) from the jump... or at least since they made student loan debt inextinguishable from bankruptcy. Not to mention the constant pushing of needing a college degree over the last 30-40 years ("college graduates earn $1 million more in their lifetime than non-college graduates").The sentiment is the same whether we are talking about individuals or the .gov, and that is there is an expectation, or should be, for people, the .gov and others to live up to their agreed to obligations and responsibilities.
Or, you can just allow the student loan borrowers to declare bankruptcy just like anyone else. Or you can tell the lenders to stick it.Hell yeah. You want your loan paid off by the American public, you get $25,000/year for every year you serve in the military.
Be.... all that you can be.