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Non-Miscreant
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My DIL had $70,000 in student loans. My nearly worthless younger son told her she should pay it herself. She did. But among the things she bought did include a modest car.

I wonder how she feels now that she could have gotten it free from uncle joe.


Unhappy ammo seeker
 
Posts: 18187 | Location: Kentucky, USA | Registered: February 25, 2001Reply With QuoteReport This Post
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the way I see it, if you don't pay for your car, they take it back. don't pay for your house, you lose it. So don't pay for your student loan, they take back whatever degree your did not pay for. simple as that.
Barry
 
Posts: 61 | Registered: November 07, 2010Reply With QuoteReport This Post
Happily Retired
Picture of Bassamatic
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I wonder if Biden knows that only Congress can do this.



.....never marry a woman who is mean to your waitress.
 
Posts: 4693 | Location: Lake of the Ozarks, MO. | Registered: September 05, 2005Reply With QuoteReport This Post
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Guys I really hope this doesn't happen. I got up this morning and had a small feeling of "why bother". I saw my daughter and promptly got my butt up and moving.


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Posts: 275 | Location: Crestview Florida | Registered: July 23, 2008Reply With QuoteReport This Post
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Picture of caribouhunter
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If this passes, then in 2024 Trump gives every republican $1,000,000
 
Posts: 403 | Location: White Lake TWP. - Michigan | Registered: March 03, 2006Reply With QuoteReport This Post
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^^^^ I'm down with that. In 2024, you could probably by 1oz of silver for that million.


** My Underdeveloped Collection **
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Beretta PX4 Storm 9mm
Springfield XD .40 Subcompact Black
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Posts: 275 | Location: Crestview Florida | Registered: July 23, 2008Reply With QuoteReport This Post
Three Generations
of Service
Picture of PHPaul
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I'm proud of my son for putting in the work to get a Masters degree.

Now that he and his wife both bring home 6 figure salaries, I'm ashamed of him for not paying back his loans.

They think it's just a smart financial decision. I think it's a character flaw.




Be careful when following the masses. Sometimes the M is silent.
 
Posts: 14532 | Location: Downeast Maine | Registered: March 10, 2010Reply With QuoteReport This Post
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quote:
They think it's just a smart financial decision. I think it's a character flaw.

^^^^^^^^^^
For some people that is true. It makes them think there really is a free lunch. It is socialism pure and simple. Ask them who they think is paying the bill.
I am sure you remember the kid who worked two jobs to buy a clunker and the boy who had a brand new car paid for by his Father.
 
Posts: 14615 | Location: Stuck at home | Registered: January 02, 2015Reply With QuoteReport This Post
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Picture of erj_pilot
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quote:
Originally posted by smschulz:
So those of us that worked and paid for college ourselves ought to get a rebate.
Where is my check?
DING DING!!!



"If you’re a leader, you lead the way. Not just on the easy ones; you take the tough ones too…” – MAJ Richard D. Winters (1918-2011), E Company, 2nd Battalion, 506th Parachute Infantry Regiment, 101st Airborne

"Woe to those who call evil good, and good evil... Therefore, as tongues of fire lick up straw and as dry grass sinks down in the flames, so their roots will decay and their flowers blow away like dust; for they have rejected the law of the Lord Almighty and spurned the word of the Holy One of Israel." - Isaiah 5:20,24
 
Posts: 9269 | Location: NW Houston | Registered: April 04, 2012Reply With QuoteReport This Post
Fighting the good fight
Picture of RogueJSK
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Yeah, I'm pissed. I busted my ass through college, working a part time job and a full time summer job, while also being a full time student. Even with that and various grants/scholarships/waivers that I earned, I had to take out ~$16,000 in loans for my undergrad degree. I then worked hard to pay them off after graduation, working in a career to which my degree directly applies.

I guess I should have just ignored the loan bills, dicked around for several more years, and waited for Uncle Sugar to give me a handout.

But as long as all the Starbucks baristas with 17th Century Feminist German Literature degrees are happy now, I guess that's what matters.
 
Posts: 29683 | Location: Northwest Arkansas | Registered: January 06, 2008Reply With QuoteReport This Post
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Picture of Perception
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I guess the silver lining of this is that it's one more thing that may galvanize some Rs to get off their ass and get out and vote. It's not going to convince anyone to vote for him that wasn't already going to vote for him.




"The people hate the lizards and the lizards rule the people."
"Odd," said Arthur, "I thought you said it was a democracy."
"I did," said Ford, "it is."
"So," said Arthur, hoping he wasn't sounding ridiculously obtuse, "why don't the people get rid of the lizards?"
"It honestly doesn't occur to them. They've all got the vote, so they all pretty much assume that the government they've voted in more or less approximates the government they want."
"You mean they actually vote for the lizards."
"Oh yes," said Ford with a shrug, "of course."
"But," said Arthur, going for the big one again, "why?"
"Because if they didn't vote for a lizard, then the wrong lizard might get in."
 
Posts: 3295 | Location: Two blocks from the Center of the Universe | Registered: December 30, 2004Reply With QuoteReport This Post
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Our country is dying and the deadbeat scum bags want more.
 
Posts: 5320 | Location: west 'by god' virginia | Registered: May 30, 2009Reply With QuoteReport This Post
I can't tell if I'm
tired, or just lazy
Picture of ggile
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Great! They get free tuition for a second rate education and now, they can go on welfare. Mad


_____________________________

"The problems we face today exist because the people who work for a living are outnumbered by those who vote for a living."

"Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety"
Benjamin Franklin
 
Posts: 1919 | Location: South Dakota-pheasant country | Registered: June 20, 2005Reply With QuoteReport This Post
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College/Universities should be the ones making the loans, not the Government and it is their responsibility to collect on them. If their education is worthless and their graduates can't repay... then adios motherfuckers. They shouldn't be able to operate and infect our society with their "education."
 
Posts: 508 | Location: Puerto Rico | Registered: October 11, 2020Reply With QuoteReport This Post
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quote:
Originally posted by Hildur:
College/Universities should be the ones making the loans, not the Government and it is their responsibility to collect on them. If their education is worthless and their graduates can't repay... then adios motherfuckers. They shouldn't be able to operate and infect our society with their "education."

I agree with you. I was leaning toward private banks for loans, but yeah the University should loan out some of that endowment. Put their money where their mouth is.


** My Underdeveloped Collection **
Sig Sauer P229 .40 Black with Aluminum Grips
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Posts: 275 | Location: Crestview Florida | Registered: July 23, 2008Reply With QuoteReport This Post
Page late and a dollar short
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Detroit News has an article in the Business section “What is a Pell grant?” that is not behind a paywall.

They interview one person, here’s her “sad” story:
For Yaneth Peña, however, the money will make a difference. Peña graduated from North Carolina State University in 2014. She obtained about $4,000 in grants and approximately $25,000 in federal loans. Under Biden’s forgiveness plan, her debt would be whittled down to $5,000.

Relieved of the financial burden, Peña said she could now seriously pursue a graduate degree — something she said she hesitated to consider in the past because of her loans.

So, she gets a free pass with her Pell Grant, gets 20k of her debt erased allowing her a “fresh start” and then decided to pile on more debt for another degree. And guess what her next request is?


-------------------------------------——————
————————--Ignorance is a powerful tool if applied at the right time, even, usually, surpassing knowledge(E.J.Potter, A.K.A. The Michigan Madman)
 
Posts: 7411 | Location: Livingston County Michigan USA | Registered: August 11, 2002Reply With QuoteReport This Post
I Am The Walrus
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Nothing but desperation of trying to buy votes for November.

quote:
Originally posted by shovelhead:
So, she gets a free pass with her Pell Grant, gets 20k of her debt erased allowing her a “fresh start” and then decided to pile on more debt for another degree. And guess what her next request is?


Give them an inch and they'll take a mile.


_____________

 
Posts: 12392 | Registered: March 12, 2005Reply With QuoteReport This Post
Stop Talking, Start Doing
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I wonder what the odds of this actually happening will be .. given all of the legal challenges that will be coming (including up to the Supreme Court).


_______________
Mind. Over. Matter.
 
Posts: 4974 | Location: The (R)ight side of Washington State | Registered: August 31, 2011Reply With QuoteReport This Post
Get my pies
outta the oven!

Picture of PASig
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Is it even legal for the President to unilaterally decide something that will cost the taxpayers 500 billion dollars at this point? Seems like this is something that Congress should have to approve?

I have to LOL at the various woke groups already bitching that $10,000 is simply not enough and their particular "oppressed" group should get far more.

And my wife who will is paying student loans for graduate school gets screwed as hers are private loans. Roll Eyes

This is straight up a desperate attempt at vote buying by an idiot Prez whose poll numbers are in the shitter with the group he's trying to bribe here.


 
Posts: 31210 | Location: Pennsylvania | Registered: November 12, 2007Reply With QuoteReport This Post
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quote:
Originally posted by PHPaul:
I'm proud of my son for putting in the work to get a Masters degree.

Now that he and his wife both bring home 6 figure salaries, I'm ashamed of him for not paying back his loans.

They think it's just a smart financial decision. I think it's a character flaw.


Paul, even with the bailouts of $10-20K per student, would your son still have an outstanding balance? I'm imagining those graduates with $80K in debt that now drops to $70K. It helps, but it's a drop in the bucket. I can't imagine what it does for those dopes with $100-150K in loans.

I would agree that he should pay his loan on his own.

My daughter attended Boston University for her first three semesters before quitting and transferring back to California to attend the local junior college that my wife and I attended (yes, we snickered! The HaHa from the Simpson's Nelson?). Even with grants and our contribution, her yearly bill at BU was $35K (down from the retail of $73k). She realized that the long term prospect of crushing student loan debt was too much to take on. Her three semesters at BU left here with $8K in loans. My wife and I told her we would not co-sign for student loans. She made the mature decision to abandon BU and eventually transfer to a state school. She'll graduate the December. She works full time at a prominent burger joint where they offer tuition reimbursement. She'll finish her degree without any additional debt. Will she take the Biden handout? I don't know, I haven't talked to her yet but my guess is she will because it will completely wipe out her debt. I too think it's a character flaw. She's probably thinking "why not? I'd be stupid not to take it."

She also bought a used car ($5K) which we helped purchased 50/50. She paid me back in 3 months. She's living with a roommate, pays her bills, and doesn't ask for handouts from us.


P229
 
Posts: 3536 | Location: Sacramento, CA | Registered: November 21, 2008Reply With QuoteReport This Post
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