President Joe Biden - Kamala Harris Administration

#47,427
#47,427
swampfoxfan said:
You still did not say why student loan forgiveness is a bad thing
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Because it’s taking money from those who work and pay taxes to those who made a decision to sign up for large amounts of debt. It’s not on me to pay off someone else’s debt. If someone doesn’t want to pay the loans off then don’t get them in the first damn place.
 
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#47,429
#47,429
swampfoxfan said:
You still did not say why student loan forgiveness is a bad thing
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No free lunches. Individuals that sign loan papers.....whether it's for a car, home, business, or college.....are responsible for the cost of that loan. There is zero logical reason that taxpayers should be responsible for anyone's individual debt. That's not the way it works.
 
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#47,430
norrislakevol said:
No free lunches. Individuals that sign loan papers.....whether it's for a car, home, business, or college.....are responsible for the cost of that loan. There is zero logical reason that taxpayers should be responsible for anyone's individual debt. That's not the way it works.
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@swampfoxfan probably still doesn't get it. Will probably ask again.
 
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#47,431
#47,431
swampfoxfan said:
What about the PP loans tRump passed ? Whole lot more money involved. Of course those loans that required no repayment was designed for the wealthy, .not young people wanting to be scientists or Doctors.
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Are you talking PP loans or we discussing debt forgiveness…you went full what about side bar Trump. Just need to know the rules of where you tap out. Believe we found it but just checking.
 
#47,432
#47,432
swampfoxfan said:
What about the PP loans tRump passed ? Whole lot more money involved. Of course those loans that required no repayment was designed for the wealthy, .not young people wanting to be scientists or Doctors.
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You do understand that was passed through congress right?

Also, why do only 40 million Americans receive debt relief? I believe I should be entitled to debt relief as well, just not for student loans at the burden of us tax payers (actual payers not poor people).

My wife and I paid off her student loans. Why can’t the 40 million people who were set to receive this do the same? We buckled down and paid it off in a year. Be responsible, don't live above yours means, and pay it back.
 
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#47,433
OrangeBoro said:
Because it’s taking money from those who work and pay taxes to those who made a decision to sign up for large amounts of debt. It’s not on me to pay off someone else’s debt. If someone doesn’t want to pay the loans off then don’t get them in the first damn place.
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You mean like PPP loans. MTG made out pretty good
 
#47,439
#47,439
swampfoxfan said:
T

The difference I see is helping the haves or the have not. Giving to the haves cost a ton more.
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And due to the pandemic, both houses of congress passed that crappy legislation and it was signed by the President. If student loan forgiveness had passed through those same channels, conservatives would be moaning that they shouldn’t pay someone else’s debt, but they wouldn’t be moaning that it was unconstitutional. And then the SC wouldn’t have gotten involved.
 
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#47,440
#47,440
OrangeBoro said:
Because it’s taking money from those who work and pay taxes to those who made a decision to sign up for large amounts of debt. It’s not on me to pay off someone else’s debt. If someone doesn’t want to pay the loans off then don’t get them in the first damn place.
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also highly inflationary to dump ANOTHER trillion dollars into the already out of control inflationary economy that this Biden Buffoon admin fueled with their partisan new green deal
 
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#47,442
swampfoxfan said:
So you don't like student loan forgiveness, please tell me why, if you have a reason other than it was a democrat trying to pass it.
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The Court struck it down because the Executive branch doesn’t have the power to unilaterally act.

Biden can absolutely sign a debt relief package for student loan borrowers - but it has to come from the Legislative branch.

Just like the PPP package did.

That’s the law. That’s how this works.
 
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#47,449
85SugarVol said:
The Court struck it down because the Executive branch doesn’t have the power to unilaterally act.

Biden can absolutely sign a debt relief package for student loan borrowers - but it has to come from the Legislative branch.

Just like the PPP package did.

That’s the law. That’s how this works.
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So that's why you don't like it?
 
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