Supreme Court considers Biden’s student loan debt relief plan

[dogcows 1,030]

2 minutes ago, Ultra Max Power said:

Crazy how student loan debt wasn't a major issue until the Dept of Education took over the process. 

 

Crazy how fast you can move the goalposts when the factual answer to your question doesn’t fit your narrative.

[seafoam1 2,803]

3 minutes ago, dogcows said:

Blue 's Shoes is posting from the dementia ward. If you find yourself agreeing with him, it might be time to get your head examined.

Why don't you just say, "My vagina hurts." That would get your point across much less cryptically. 

 

[Ultra Max Power 214]

3 minutes ago, dogcows said:

Blue's Clues is posting from the dementia ward. If you find yourself agreeing with him, it might be time to get your head examined.

Which of these claims do you disagree with?

Will not survive judicial scrutiny

The major intent in to try to energize young voters for the DNC

BUT the flip side is this will cost as many voters the other way, maybe even more, who don't want their tax dollars being spent to prop up the DNC's Big Education cronies. So what's the motive?

[Hawkeye21 2,382]

2 minutes ago, seafoam1 said:

Why don't you just say, "My vagina hurts." That would get your point across much less cryptically. 

 

It's called "bonus hole."

[Ultra Max Power 214]

5 minutes ago, dogcows said:

Crazy how fast you can move the goalposts when the factual answer to your question doesn’t fit your narrative.

So what were the "longstanding failures in the student loan programs" prior to Obama federalizing them? You can clearly recognize a turning point can't you?

[seafoam1 2,803]

Just now, Hawkeye21 said:

It's called "bonus hole."

I keep forgetting. 

[WhiteWonder 2,679]

I have zero faith in anyone who thinks student loan forgiveness was the proper way to tackle the true issue or that this was anything more than a blatant vote grab. 

[RaiderHaters Revenge 4,241]

dose of reality from a liberal socialist

GRIFTER!!!!!!!!!!!!!!!!!!!!!!#%!@#^$#%&%$&&@%$&#^$$^%@

[GutterBoy 2,898]

2 hours ago, seafoam1 said:

I'm a conservative and I paid off my school loans. Took me a little while but paid in full. I never looked for a handout or whined about them. 

Why can't liberals pay theirs off?

You needed a loan for Devry?

[RLLD 4,143]

Clown him all you want on this. It was a crafty political maneuver. Clearly people bought into it.

[seafoam1 2,803]

9 minutes ago, GutterBoy said:

You needed a loan for Devry?

Yeah. And it was worth every penny. Cause now I'm doing great financially. Probably will retire in my 50s. Happily. 

[Ultra Max Power 214]

8 minutes ago, RLLD said:

Clown him all you want on this. It was a crafty political maneuver. Clearly people bought into it.

The joys of a compromised legacy media.  

[seafoam1 2,803]

 

Biden administration forgives $39 billion in student loan debt to more than 800,000 borrowers

The U.S. Department of Education announced Friday it "will begin notifying more than 804,000 borrowers that they have a total of $39 billion in Federal student loans that will be automatically discharged in the coming weeks."

https://www.foxbusiness.com/economy/biden-administration-forgives-39-billion-student-loan-debt-more-than-800000-borrowers

[shadrap 220]

22 hours ago, Ultra Max Power said:

I like the article said "longstanding failures in the student loan programs,"... guess who started these programs? 

Obama.

[Hardcore troubadour 14,949]

They called Trump the authoritarian. 

[seafoam1 2,803]

1 minute ago, Hardcore troubadour said:

They called Trump the authoritarian. 

They just lie as a practice.

[Reality 3,100]

22 hours ago, WhiteWonder said:

I have zero faith in anyone who thinks student loan forgiveness was the proper way to tackle the true issue or that this was anything more than a blatant vote grab. 

Can't say it any better than that.

[dogcows 1,030]

21 hours ago, seafoam1 said:

 

Biden administration forgives $39 billion in student loan debt to more than 800,000 borrowers

The U.S. Department of Education announced Friday it "will begin notifying more than 804,000 borrowers that they have a total of $39 billion in Federal student loans that will be automatically discharged in the coming weeks."

https://www.foxbusiness.com/economy/biden-administration-forgives-39-billion-student-loan-debt-more-than-800000-borrowers

I’m glad they found a way to help people out. The Supremes blocked one path to debt relief, but the administration is finding others.

[lickin_starfish 1,893]

Let's see if anyone gets their loan forgiven before the 2024 election. I'm thinking this is a carrot dangling from a stick.

[Hardcore troubadour 14,949]

27 minutes ago, dogcows said:

I’m glad they found a way to help people out. The Supremes blocked one path to debt relief, but the administration is finding others.

Everyone needs relief?  

[seafoam1 2,803]

3 hours ago, dogcows said:

I’m glad they found a way to help people out. The Supremes blocked one path to debt relief, but the administration is finding others.

I'm betting that if I was stupid like those borrowers, and I took out $100,000 in loans and didn't want to pay it back, you would say "too bad".

[weepaws 3,157]

19 minutes ago, seafoam1 said:

I'm betting that if I was stupid like those borrowers, and I took out $100,000 in loans and didn't want to pay it back, you would say "too bad".

You’re stupid like them.  

[seafoam1 2,803]

8 minutes ago, weepaws said:

You’re stupid like them.  

Oh wow. Good one weepaw.

[easilyscan 863]

On 7/9/2023 at 12:52 PM, Strike said:

https://www.powerlineblog.com/archives/2023/07/the-daily-chart-college-bloat-after-the-loan-decision.php

Thanks for the link. It's the dirty little secret very few politicians are willing to bring up. Giant $$ sinkholes.

[Hawkeye21 2,382]

 

[RLLD 4,143]

Yeah, those college graduates never get enough help.....I am sure the folks living on the street or in urban hell holes are so happy for these spoiled children.....

But hey, if you are intent to buy votes, I cannot fault them for doing this.  Its good strategy.  Its not a dramatic amount, and it should not be too harmful to economic factors, but this likely ensures at least two more hikes from the fed.

[TheNewGirl 1,353]

Well, at least the residents in Maui that lost everything get that $700. 

[seafoam1 2,803]

1 hour ago, Hawkeye21 said:

 

What a nightmare.

[shorepatrol 1,870]

He plans not to sh!t his pants too. This'll work out about like that again.

[Ultra Max Power 214]

12 hours ago, RLLD said:

Yeah, those college graduates never get enough help.....I am sure the folks living on the street or in urban hell holes are so happy for these spoiled children.....

But hey, if you are intent to buy votes, I cannot fault them for doing this.  Its good strategy.  Its not a dramatic amount, and it should not be too harmful to economic factors, but this likely ensures at least two more hikes from the fed.

This is a good point. To get inflation down fewer dollars chasing the same goods... aka people need to struggle a little bit. 

This plan frees up money to people not struggling which in turn prolong inflation/suffering of the poverty class.

[Gepetto 1,291]

https://www.ed.gov/news/press-releases/biden-harris-administration-announces-additional-9-billion-student-debt-relief

Biden-Harris Administration Announces an Additional $9 Billion in Student Debt Relief

New state-by-state data shows relief for income-driven repayment and Public Service Loan Forgiveness

OCTOBER 4, 2023

wtf? 

[TheNewGirl 1,353]

Where is all of this money coming from? 

[posty 2,612]

Just now, TheNewGirl said:

Where is all of this money coming from? 

It doesn't matter where it comes from when you are trying to get votes...

[Strike 5,214]

30 minutes ago, TheNewGirl said:

Where is all of this money coming from? 

They're growing it on trees!!!!

[Hardcore troubadour 14,949]

So Biden just does what he wants. And they said Trump was the authoritarian. 

[Reality 3,100]

1 hour ago, TheNewGirl said:

Where is all of this money coming from? 

Chynuhhh.

[The Real timschochet 6,441]

1 hour ago, TheNewGirl said:

Where is all of this money coming from? 

Congress approved money for the Department of Education as part of the budget, I assume. 

[Reality 3,100]

Just now, The Real timschochet said:

Congress approved money for the Department of Education as part of the budget, I assume. 

Check the debt, we don't have it. Pretty sure that's her point, bud.

[The Real timschochet 6,441]

Just now, Reality said:

Check the debt, we don't have it. Pretty sure that's her point, bud.

That’s a silly argument because it also means we don’t have money for defense, for the border, for Social Security, for anything. If you want to make that argument then don’t simply pick on expenditures you don’t personally happen to approve of. 

[Reality 3,100]

5 minutes ago, The Real timschochet said:

That’s a silly argument because it also means we don’t have money for defense, for the border, for Social Security, for anything. If you want to make that argument then don’t simply pick on expenditures you don’t personally happen to approve of. 

You understand that this would be a 'new' expenditure, correct?