President Joe Biden - Kamala Harris Administration

LMFAO what a **** article.

Hey asshats! You borrowed money. Pay it back. It’s called being a damn adult. You’re welcome.
Holding an 18-21 responsible for their student loan debt, yet letting the 40+ year old guy in the McMansion and Corvette in the garage off the hook with bankruptcy.

Makes sense.
 
CNN panel criticizes VP's 'cringeworthy' and unprepared response to questions about when she would visit the border and Warn Her 'allies' in the White House are Losing Faith In Her

Kamala Harris' unfortunate week came to a depressing end on Sunday, when her trip to Guatemala and Mexico - the first foreign visit as vice president - was classed as a deep disappointment by a CNN panel.

'It's just a little cringeworthy, and I know that her allies in the White House and elsewhere are watching it and just kind of wondering what is going on,' said Abby Phillip, host of CNN's Inside Politics Sunday show.

CNN panel criticizes Kamala Harris' 'cringeworthy' border response | Daily Mail Online
 
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Holding an 18-21 responsible for their student loan debt, yet letting the 40+ year old guy in the McMansion and Corvette in the garage off the hook with bankruptcy.

Makes sense.
Nope it doesn’t. I agree with you on that stance. Let’s make it clearable by bankruptcy then that would fix a lot of issues frankly if lenders actually had to manage risk. And we’d see zero $50k English lit degrees too.

But I stand by my statement too. They took it out they need to pay it back. Or as you’ve brought up have it absolved.

Boy can you imagine the bankers *****ing themselves on that write off? 😂
 
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Nope it doesn’t. I agree with you on that stance. Let’s make it clearable by bankruptcy then that would fix a lot of issues frankly if lenders actually had to manage risk. And we’d see zero $50k English lit degrees too.

But I stand by my statement too. They took it out they need to pay it back. Or as you’ve brought up have it absolved.

Boy can you imagine the bankers *****ing themselves on that write off? 😂

didn't the Feds take over student loans? do banks have much on their books anymore?
 
didn't the Feds take over student loans? do banks have much on their books anymore?
I have no idea. I took out one small loan my senior year in 1988 from a bank. I want to say it was guaranteed by the Feds but the bank gave me the money. No idea in the end because it was paid back 6 mos after graduation
 
I have no idea. I took out one small loan my senior year in 1988 from a bank. I want to say it was guaranteed by the Feds but the bank gave me the money. No idea in the end because it was paid back 6 mos after graduation
1988...back when you could probably pay for a years worth of tuition working 90 days in the summer on minimum wage.
 
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I have no idea. I took out one small loan my senior year in 1988 from a bank. I want to say it was guaranteed by the Feds but the bank gave me the money. No idea in the end because it was paid back 6 mos after graduation

i think it was taken over during the Obama era - I'm sure some prior are still held by private banks but I think since it's on the Fed's books

Maxine Waters grills banks on student loan crisis even though feds took over in 2010

The Obama administration eliminated the federal guaranteed loan program in 2010, putting the federal government in charge of student lending with the idea of saving taxpayer dollars by “cutting out the middleman,” as President Barack Obama put it.

Afterward, student loan debt exploded from $154.9 billion in 2009 to $1.1 trillion at the end of 2017, according to Investor’s Business Daily. Current student debt is estimated at more than $1.5 trillion.
 
1988...back when you could probably pay for a years worth of tuition working 90 days in the summer on minimum wage.
It was considerably cheaper for sure. Not quite as cheap as you’re playing though. However in my opinion the ballooning of easy loan money is the biggest issue here. The money supply to feed college coffers exploded. And so did tuition and fees best as I can tell 🤷‍♂️
 
i think it was taken over during the Obama era - I'm sure some prior are still held by private banks but I think since it's on the Fed's books

Maxine Waters grills banks on student loan crisis even though feds took over in 2010

The Obama administration eliminated the federal guaranteed loan program in 2010, putting the federal government in charge of student lending with the idea of saving taxpayer dollars by “cutting out the middleman,” as President Barack Obama put it.

Afterward, student loan debt exploded from $154.9 billion in 2009 to $1.1 trillion at the end of 2017, according to Investor’s Business Daily. Current student debt is estimated at more than $1.5 trillion.
Wasn’t aware of that thanks for the info. Looks like another example of everything the Feds touch dies. They get directly involved and debt balloons from $155B to $1.1T shocking I tell you.
 
Holding an 18-21 responsible for their student loan debt, yet letting the 40+ year old guy in the McMansion and Corvette in the garage off the hook with bankruptcy.

Makes sense.
So your doing is making more of those guys. Basil them out now and later. Best we could do is educate kids on the complete uselessness of most degrees.
 
I have no idea. I took out one small loan my senior year in 1988 from a bank. I want to say it was guaranteed by the Feds but the bank gave me the money. No idea in the end because it was paid back 6 mos after graduation
It was fed backed. Graduated in 2011. Had a couple of loans, paid back in 6 months from me as well. I also worked during college.
 
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