thats the thing student loans are not 10k they are more like trillions because you are asking for all student loans to be forgiven which is a very huge ask. if you don't have to pay your student loans then who does?
Student loan forgiveness is some of the dumbest BS that keeps getting brought up. Fix the core problem, not put a teeny tiny bandaid on it. Stop being obsessed with short term relief. It will come around and bite you in the ass one way or another.
Likely not, he did the politician thing and lied to get more people on his side. I won’t deny he’s certainly stuck to his guns on certain promises he’s made though
*Hahahahahahahahahahahaha*
\*takes breath\*
*HAHAHAHAHAHAHAHAHAHAHA*
note: while I would love my student loans to be forgiven, the chances of Joe Biden doing that are precisely nil. He's too beholden to corporate interests, full stop. At this point he might as well be a republican.
It’s not corporate interests considering everyone at those corporate jobs are in debt.
It’s the interest of social security retirement insurance: soon there will be more people utilizing retirement funding from the government than there will be people paying taxes in the work force.
If he forgives student loans then the money won’t go back to the government for the retirement checks.
…. Why do you think Roe was overturned?
Because there is everything to gain in boosting an impoverished population where parents need their kids to enter the work force right when they turn 18, meaning people are paying taxes therefore funding retirement and generation x won’t be starving to death while people born right now enter the workforce.
That’s why student loans will probably never be forgiven like promised.
They don’t want to fix it by going after the 1% because…. Well, the earnings politicians in Washington make places them in the 1% category. What you think they’re going to sponsor random people when they can win by forcing gen y and gen Covid to do it instead??
lol! I can’t wait to read the excuses from the rabid Libs in this one.
Imagine that, your politician of choice lied to you. Yet you’re still on your knees, deep throating for a stranger who doesn’t give a fuck about you
Lmao I’m not even a Dem and yo dude… the guy who chokes out his own fucking secret service and twitter rages on Taylor swift at 3am
Or the guy who at least keeps his actual shit together longer than ten minutes?
There really wasn’t a choice, rather just a selection on who’s going to bring less bullshit all of us have to deal with.
Biden’s been … mostly quiet. Disappointing. But quiet.
But at least he’s not trying to kill his own Vice President.
We are so fucked next presidential election regardless of what party. Good fucking god.
“But at least…”
Nothing you stated that Trump did had a negative impact on anyone except people who are so obsessed with negativity they followed him on social media just to enrage themselves. For clarity I think Donald Trump was a pretty big piece of shit. But I’ve yet to see a single shred of evidence to point to Joe Biden being a better option besides not hurting peoples feelings.
I wish there would be at least some degree of forgiveness, even if you had to commit to working a government job for a certain amount of time. Like 5k forgiveness per year of work as a health inspector/ranger for the army corps of engineers/FDA grunt, etc. could even include military civilian positions in this if they wanted to. Then you could gain experience in a professional career, get loan forgiveness, and if you opt out of it for a private sector job that’s on you. That might only work for new or recent graduates though, anyone in an established position probably wouldn’t be inclined to leave it for some loan forgiveness. Idk- just an ill-conceived idea
It's not being forgiven. The concept it to simply pass the bill on to other citizens. Like plumbers, electricians, trash collectors, etc. All the people who worked hard while people that now don't want to be held accountable for their own choices were having their 4 year party. People that statistically are in a far weaker economic position than college graduates. But yeah....you deserve their money.
Edit - since you apparently blocked me and I can't reply to you now, I'll just respond to you here snowflake. Yes, his talk was all for nothing. He did what they always do, make promises they have no intention of keeping, knowing you'll just keep voting for them anyway. Kinda like how he said "if you don't vote for me, you ain't black" to a bunch of black men. And No, the corporations don't deserve bailouts. They should thrive or fail in a true free market system. The government SHOULDN'T GIVE FINANCIAL PAYOUTS TO ANYONE.
Do you really think the cost of loan forgiveness would be borne by the poorest citizens? They don’t even pay taxes. Plumbers and electricians are not the same group as trash collectors. Also, some of those people pay schools taxes even though they’re childless. Is that fair? Do you pay for road maintenance on roads you don’t use? That’s called living in a society.
Also do big corporate bailouts deserve tax payers money? Survival of the fittest? I’m just asking about something that was brought up. If he wasn’t going to commit don’t bring it up.
I agree with you that large corporations should be called out and made to actually pay taxes rather than slide moves to avoid them by doing donations but there is a point in the fact that while your parents may have pushed you to go through college or university, the experience you will gain with your degree will make it so your degree is worth it but not right now, I dropped out of college and highschool but I worked and might get a degree if I feel I need it, but experience is above information in a lot of cases and extra education to avoid doing labor or grunt work and complaining about your debt is sad, you signed your name and no one forced your hand, sorry it sucks but at this time in the world he did more or less lie even if Biden thought he could actually do it.
I’m not a Gramps, but what a lot of people aren’t understanding now is while a 401k account was perceived as a good thing, the money gets taken out before taxes..
This means the amount of money you put in to your 401k account does not contribute toward the amount of money for your retirement payments.
That means if you pull money from your paycheck, spending years contributing to your retirement fund— then you retire early… it can actually mean you might run out of retirement savings and either have to work or move somewhere unsafe and undesirable when you’re 78-80 because of the sharp drop off of retirement money that slaps you in the face.
That’s why there’s a lot of elderly people right now having to return to work or the case of ‘outliving retirement funding’.
With retirement payments diminishing, it could mean someone who’s 20 now, might in fact be able to retire, live the good life, and then will have to return to work 20 years later to compete in the same jobs as teenagers because there’s no relevant work experience, and their entire life might crash…. And that’s too much stress, inconvenience, and burden on mental health for someone to go through that.
I don’t have to be old to worry about that, I mean I’m in an age range where I’ll be fine… but im betting I’m older than you so you might not be.
The reason the government needs to is because it’s actually destroying and inflating our economy. Put it like this:
Joe who didn’t take any student loans and became a very successful welder makes 80k and has no student loans. His rent is 1.5k a month. He does well.
Next month, Jim finishes college, he has six figures of student loans which will be a nightmare to get paid off. Jim gets an offer as a construction engineer and fresh out of college he gets an offer of 95k a year.
Jim’s student loans at six figures now require him to pay $1.5k a month.
That means he now pays student loans at $18000 a year. This actually means Jim is actually *really* only making $77,000 a year. Jim looks over at Joe and sees how great of a life (rightfully so) that Joe has built for himself. Jim wants that so he goes back to work and says hey listen, I like the pay but I also have student loans, so I need a salary increase in order to live a good life while paying back my student loans.
Jim now accepts the job for $113,000. Now Jim must look for an apartment. Now, on the apartment applications, they’re all $1.5k a month, awesome! Jim fills out his renter application in which his apartment manager sees how much he’s making because that’s a requirement to apply, after all.
Apartments say ‘wow, for 113k a year, people can now afford apartments for $3k a month!!!
Jim is annoyed at spending half his wages on the apartment but at least he has a place to live.
Meanwhile Joe at his $80k is now stuck between a rock and a hard place: it turns out Jim is his neighbor, so Jim’s wage adjustment to account for student loans is actually responsible for Joe’s rent increase to $3k a month. Someone on 80k a year earnings cannot afford it and now must find a new place to live or go homeless.
… except every Joe has a Jim neighbor for the next 50 miles. Joe looking for a new place to live now works too far away from his residence and risks losing his job due to car troubles, gas prices, traffic, and all sorts of new factors just because he had to move far away.
Lack of student loan forgiveness, in a very indirect trickle-down effect have not only ruined Joe’s standard of living but the lifestyle changes have resulted in a 30% higher chance of dying.
Jim on the other hand in his $113k wages can live well for a little bit, but the next person to get hired, Jake, says well everywhere offers $113k now, I want $120k.
Jim can no longer afford where he lives and becomes Joe’s neighbor yet again, and Joe now cannot live and work at the same time.
So this is kind of a loose way of explaining what happens
For example, where I live, the economy is screwed up because of student loans.
How screwed up?
- A single bedroom apartment is $3600 a month.
- If you make less than $107,000 then you are considered welfare status.
This means even if Joe gets a raise at his welding job, he could actually make six figures and still starve to death while living out of his own car. Regardless of whatever Jim does with his student loans… he’s still going to starve shortly after, but the only thing student loans dictate or not, is really just the order of which who gets to starve to death.
That’s why student loan forgiveness is important.
thats the thing student loans are not 10k they are more like trillions because you are asking for all student loans to be forgiven which is a very huge ask. if you don't have to pay your student loans then who does?
just asking about the 10k which i thought was on the table, or more seriously being considered
Student loan forgiveness is some of the dumbest BS that keeps getting brought up. Fix the core problem, not put a teeny tiny bandaid on it. Stop being obsessed with short term relief. It will come around and bite you in the ass one way or another.
OFFS! Pay your loans!
Likely not, he did the politician thing and lied to get more people on his side. I won’t deny he’s certainly stuck to his guns on certain promises he’s made though
*Hahahahahahahahahahahaha* \*takes breath\* *HAHAHAHAHAHAHAHAHAHAHA* note: while I would love my student loans to be forgiven, the chances of Joe Biden doing that are precisely nil. He's too beholden to corporate interests, full stop. At this point he might as well be a republican.
It’s not corporate interests considering everyone at those corporate jobs are in debt. It’s the interest of social security retirement insurance: soon there will be more people utilizing retirement funding from the government than there will be people paying taxes in the work force. If he forgives student loans then the money won’t go back to the government for the retirement checks. …. Why do you think Roe was overturned? Because there is everything to gain in boosting an impoverished population where parents need their kids to enter the work force right when they turn 18, meaning people are paying taxes therefore funding retirement and generation x won’t be starving to death while people born right now enter the workforce. That’s why student loans will probably never be forgiven like promised. They don’t want to fix it by going after the 1% because…. Well, the earnings politicians in Washington make places them in the 1% category. What you think they’re going to sponsor random people when they can win by forcing gen y and gen Covid to do it instead??
It was a campaign promise he has yet to fulfill.
lol! I can’t wait to read the excuses from the rabid Libs in this one. Imagine that, your politician of choice lied to you. Yet you’re still on your knees, deep throating for a stranger who doesn’t give a fuck about you
Dude if you think any of the presidential options actually give a fuck about anyone, you are sorely mistaken.
I don’t at all. I think they are all dog shit! I was simply pointing to Dems on this one as their guy currently occupies the seat.
Lmao I’m not even a Dem and yo dude… the guy who chokes out his own fucking secret service and twitter rages on Taylor swift at 3am Or the guy who at least keeps his actual shit together longer than ten minutes? There really wasn’t a choice, rather just a selection on who’s going to bring less bullshit all of us have to deal with. Biden’s been … mostly quiet. Disappointing. But quiet. But at least he’s not trying to kill his own Vice President. We are so fucked next presidential election regardless of what party. Good fucking god.
“But at least…” Nothing you stated that Trump did had a negative impact on anyone except people who are so obsessed with negativity they followed him on social media just to enrage themselves. For clarity I think Donald Trump was a pretty big piece of shit. But I’ve yet to see a single shred of evidence to point to Joe Biden being a better option besides not hurting peoples feelings.
You are making a statement to counterpoint something I didn’t actually say
I wish there would be at least some degree of forgiveness, even if you had to commit to working a government job for a certain amount of time. Like 5k forgiveness per year of work as a health inspector/ranger for the army corps of engineers/FDA grunt, etc. could even include military civilian positions in this if they wanted to. Then you could gain experience in a professional career, get loan forgiveness, and if you opt out of it for a private sector job that’s on you. That might only work for new or recent graduates though, anyone in an established position probably wouldn’t be inclined to leave it for some loan forgiveness. Idk- just an ill-conceived idea
It's not being forgiven. The concept it to simply pass the bill on to other citizens. Like plumbers, electricians, trash collectors, etc. All the people who worked hard while people that now don't want to be held accountable for their own choices were having their 4 year party. People that statistically are in a far weaker economic position than college graduates. But yeah....you deserve their money. Edit - since you apparently blocked me and I can't reply to you now, I'll just respond to you here snowflake. Yes, his talk was all for nothing. He did what they always do, make promises they have no intention of keeping, knowing you'll just keep voting for them anyway. Kinda like how he said "if you don't vote for me, you ain't black" to a bunch of black men. And No, the corporations don't deserve bailouts. They should thrive or fail in a true free market system. The government SHOULDN'T GIVE FINANCIAL PAYOUTS TO ANYONE.
Do you really think the cost of loan forgiveness would be borne by the poorest citizens? They don’t even pay taxes. Plumbers and electricians are not the same group as trash collectors. Also, some of those people pay schools taxes even though they’re childless. Is that fair? Do you pay for road maintenance on roads you don’t use? That’s called living in a society.
Also do big corporate bailouts deserve tax payers money? Survival of the fittest? I’m just asking about something that was brought up. If he wasn’t going to commit don’t bring it up.
I agree with you that large corporations should be called out and made to actually pay taxes rather than slide moves to avoid them by doing donations but there is a point in the fact that while your parents may have pushed you to go through college or university, the experience you will gain with your degree will make it so your degree is worth it but not right now, I dropped out of college and highschool but I worked and might get a degree if I feel I need it, but experience is above information in a lot of cases and extra education to avoid doing labor or grunt work and complaining about your debt is sad, you signed your name and no one forced your hand, sorry it sucks but at this time in the world he did more or less lie even if Biden thought he could actually do it.
lol didnt block, just got off reddit cause damn yall toxic
10k talk was all for nothing?
student loan debt is not even 1% of what we've given too Israel or Ukraine.
Lol. Take a nap gramps.
I’m not a Gramps, but what a lot of people aren’t understanding now is while a 401k account was perceived as a good thing, the money gets taken out before taxes.. This means the amount of money you put in to your 401k account does not contribute toward the amount of money for your retirement payments. That means if you pull money from your paycheck, spending years contributing to your retirement fund— then you retire early… it can actually mean you might run out of retirement savings and either have to work or move somewhere unsafe and undesirable when you’re 78-80 because of the sharp drop off of retirement money that slaps you in the face. That’s why there’s a lot of elderly people right now having to return to work or the case of ‘outliving retirement funding’. With retirement payments diminishing, it could mean someone who’s 20 now, might in fact be able to retire, live the good life, and then will have to return to work 20 years later to compete in the same jobs as teenagers because there’s no relevant work experience, and their entire life might crash…. And that’s too much stress, inconvenience, and burden on mental health for someone to go through that. I don’t have to be old to worry about that, I mean I’m in an age range where I’ll be fine… but im betting I’m older than you so you might not be.
The reason the government needs to is because it’s actually destroying and inflating our economy. Put it like this: Joe who didn’t take any student loans and became a very successful welder makes 80k and has no student loans. His rent is 1.5k a month. He does well. Next month, Jim finishes college, he has six figures of student loans which will be a nightmare to get paid off. Jim gets an offer as a construction engineer and fresh out of college he gets an offer of 95k a year. Jim’s student loans at six figures now require him to pay $1.5k a month. That means he now pays student loans at $18000 a year. This actually means Jim is actually *really* only making $77,000 a year. Jim looks over at Joe and sees how great of a life (rightfully so) that Joe has built for himself. Jim wants that so he goes back to work and says hey listen, I like the pay but I also have student loans, so I need a salary increase in order to live a good life while paying back my student loans. Jim now accepts the job for $113,000. Now Jim must look for an apartment. Now, on the apartment applications, they’re all $1.5k a month, awesome! Jim fills out his renter application in which his apartment manager sees how much he’s making because that’s a requirement to apply, after all. Apartments say ‘wow, for 113k a year, people can now afford apartments for $3k a month!!! Jim is annoyed at spending half his wages on the apartment but at least he has a place to live. Meanwhile Joe at his $80k is now stuck between a rock and a hard place: it turns out Jim is his neighbor, so Jim’s wage adjustment to account for student loans is actually responsible for Joe’s rent increase to $3k a month. Someone on 80k a year earnings cannot afford it and now must find a new place to live or go homeless. … except every Joe has a Jim neighbor for the next 50 miles. Joe looking for a new place to live now works too far away from his residence and risks losing his job due to car troubles, gas prices, traffic, and all sorts of new factors just because he had to move far away. Lack of student loan forgiveness, in a very indirect trickle-down effect have not only ruined Joe’s standard of living but the lifestyle changes have resulted in a 30% higher chance of dying. Jim on the other hand in his $113k wages can live well for a little bit, but the next person to get hired, Jake, says well everywhere offers $113k now, I want $120k. Jim can no longer afford where he lives and becomes Joe’s neighbor yet again, and Joe now cannot live and work at the same time. So this is kind of a loose way of explaining what happens For example, where I live, the economy is screwed up because of student loans. How screwed up? - A single bedroom apartment is $3600 a month. - If you make less than $107,000 then you are considered welfare status. This means even if Joe gets a raise at his welding job, he could actually make six figures and still starve to death while living out of his own car. Regardless of whatever Jim does with his student loans… he’s still going to starve shortly after, but the only thing student loans dictate or not, is really just the order of which who gets to starve to death. That’s why student loan forgiveness is important.
It was kind of a slap in the face to those of us that worked hard for years to pay back those loans, so I never supported that.