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Canceled student debt incoming

America 1st

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What’s it going to look like? Lump sum forgiveness (up to a certain amount) across the board? How butt hurt are you about this?

View attachment 13200
Gonna laugh my ass off when the report comes back saying pudding can't do shit.

Got debt so fuck it either way but I'm sure this will Russell some jim jams for folks who paid their loans off.
 

BigBucnNole

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Our university system is as fucked up as our healthcare. Legitimately everything the federal government has stuck its hands in has been a disaster since WW2. The feds make shit needlessly complex, inefficient, and about 3x as expensive. I don’t care if it’s Vietnam, Afghanistan, healthcare, war on drugs, war on poverty, mortgages, war on terror, education loans, grants, etc etc etc. It’s an dated, incompetent, meandering institution, much like Biden. The federal government itself needs massive reforms right now and the fact they even float the idea that they can just make the loans go poof and somehow “fix” things is another stupid idea in a long line of dumb fuck federal government ideas.
 

Jtrain80

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Our university system is as fucked up as our healthcare. Legitimately everything the federal government has stuck its hands in has been a disaster since WW2. The feds make shit needlessly complex, inefficient, and about 3x as expensive. I don’t care if it’s Vietnam, Afghanistan, healthcare, war on drugs, war on poverty, mortgages, war on terror, education loans, grants, etc etc etc. It’s an dated, incompetent, meandering institution, much like Biden. The federal government itself needs massive reforms right now and the fact they even float the idea that they can just make the loans go poof and somehow “fix” things is another stupid idea in a long line of dumb fuck federal government ideas.

My favorite part of the story is when they (government) tell us it is our fault they bled us dry and we are going to have to give up something in return...federally held land, pensions & retirement, etc...

You know it's coming.
 

skramer100

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GOv
Our university system is as fucked up as our healthcare. Legitimately everything the federal government has stuck its hands in has been a disaster since WW2. The feds make shit needlessly complex, inefficient, and about 3x as expensive. I don’t care if it’s Vietnam, Afghanistan, healthcare, war on drugs, war on poverty, mortgages, war on terror, education loans, grants, etc etc etc. It’s an dated, incompetent, meandering institution, much like Biden. The federal government itself needs massive reforms right now and the fact they even float the idea that they can just make the loans go poof and somehow “fix” things is another stupid idea in a long line of dumb fuck federal government ideas.
Government is only good at war cause war destroys things. They can't build anything, just destroy it.
 

BigBucnNole

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My favorite part of the story is when they (government) tell us it is our fault they bled us dry and we are going to have to give up something in return...federally held land, pensions & retirement, etc...

You know it's coming.

The government has an inability to focus on one single thing. It'd be like hiring a guy to build your house and he issues a subcontract for each individual room and doesnt bother to coordinate them and just lets them do whatever the fuck they want to. Meanwhile the guy you originally hired that issued these damn things is too busy yucking it up with future clients and contracts to fuck up.
 

America 1st

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The government has an inability to focus on one single thing. It'd be like hiring a guy to build your house and he issues a subcontract for each individual room and doesnt bother to coordinate them and just lets them do whatever the fuck they want to. Meanwhile the guy you originally hired that issued these damn things is too busy yucking it up with future clients and contracts to fuck up.
Everything we do for the next 50 years should be about beating China and securing Pacific Asia.
 

Juro

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Fuck it. Do it during a recovery economy and see what happens.

Also, for those who have paid it off, wouldn’t this piss you off? You do the right thing and you get nothing in return; but someone who can’t pay it off gets it wiped?
 

America 1st

The best poster on the board! Trumps lover! 🇺🇸
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Fuck it. Do it during a recovery economy and see what happens.

Also, for those who have paid it off, wouldn’t this piss you off? You do the right thing and you get nothing in return; but someone who can’t pay it off gets it wiped?
There is talk those who already paid will receive the same amount in tax credits.
 

BigBucnNole

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There is talk those who already paid will receive the same amount in tax credits.

Equally dumb idea. Our retard government has a rigidity that is inflexible and illogical. No mention of reforming the university systems themselves that have campuses that are too large that they overpaid for and professors that have some of the highest part time paying jobs in the world.

Education is the embodiment of everything wrong right now. Basic problems are a dying industrial class of workers and an over engineered overarching federal government system. You’ve got a huge class of workers in this country that have seen their work shipped over seas, they’ve seen their retirements destroyed, they’ve been told everything they value is full of shit. Ohhh and by the way their kids can’t afford education and have zero opportunity going forward because institutions like universities jack tuition up, force them to take the equivalent of a home mortgage in debt (assuming they are even the right color) all to allow their professors to shit on everything this country stands for and work part time. And you are an asshole for questioning them, you racist piece of shit.

If we’re going to avoid serious instability in this country, the first thing to be reformed has to be education.
 

America 1st

The best poster on the board! Trumps lover! 🇺🇸
Founder
Joined
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Equally dumb idea. Our retard government has a rigidity that is inflexible and illogical. No mention of reforming the university systems themselves that have campuses that are too large that they overpaid for and professors that have some of the highest part time paying jobs in the world.

Education is the embodiment of everything wrong right now. Basic problems are a dying industrial class of workers and an over engineered overarching federal government system. You’ve got a huge class of workers in this country that have seen their work shipped over seas, they’ve seen their retirements destroyed, they’ve been told everything they value is full of shit. Ohhh and by the way their kids can’t afford education and have zero opportunity going forward because institutions like universities jack tuition up, force them to take the equivalent of a home mortgage in debt (assuming they are even the right color) all to allow their professors to shit on everything this country stands for and work part time. And you are an asshole for questioning them, you racist piece of shit.

If we’re going to avoid serious instability in this country, the first thing to be reformed has to be education.
I don't have a problem with the tax breaks but everything else you've said is spot on.

Until public universities have their tuitions capped and federal loans only backing STEM degrees we will keep seeing predatory tactics from universities and the federal government at astronomical rates.
 

BigBucnNole

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And all the instability coming, this pandemic is going to put it into warp speed. It’s the largest transfer of wealth in my lifetime. Probably in the 20th century not named WW2/ WW1. And couple that with the government making an utter clown of itself on mixed messaging lead by Fauci. Good luck getting trust back, lol.

All that is Covid is yet another failure to chalk up on the federal governments stellar record.
 

BigBucnNole

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I don't have a problem with the tax breaks but everything else you've said is spot on.

Until public universities have their tuitions capped and federal loans only backing STEM degrees we will keep seeing predatory tactics from universities and the federal government at astronomical rates.

They need more transparency, offer a menu of classes in addition to a degree, get rid of the concept of “graduation,” smaller campuses, broader online offerings, and allow interest rates to fluctuate based on degree.

If some jobs require a full degree worth of courses in everything from liberal arts to hard sciences, so be it. If other jobs just need you to take a few accounting courses, great. University degree selection is archaic as a cable company making you buy a package of channels, of which 90% you don’t watch.
 

Zgdaf

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I don't have a problem with the tax breaks but everything else you've said is spot on.

Until public universities have their tuitions capped and federal loans only backing STEM degrees we will keep seeing predatory tactics from universities and the federal government at astronomical rates.

They need more transparency, offer a menu of classes in addition to a degree, get rid of the concept of “graduation,” smaller campuses, broader online offerings, and allow interest rates to fluctuate based on degree.

If some jobs require a full degree worth of courses in everything from liberal arts to hard sciences, so be it. If other jobs just need you to take a few accounting courses, great. University degree selection is archaic as a cable company making you buy a package of channels, of which 90% you don’t watch.
Totally agree with both these posts. Spot on. China will cancel a degree if certain percentage isn’t hired.
This probably won’t happen because the leftists have infiltrated the universities and this is a way to funnel money to them.
Btw, this should in theory help home prices, entertainment, travel 🧳 because those in debt will spend on something new.
I don’t remember the specifics exactly, but didn’t the Jews in biblical times have a debt jubilee every 50 years because they were winning so badly that no one was left to fleece, and then there was revolts, etc?
 

America 1st

The best poster on the board! Trumps lover! 🇺🇸
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Totally agree with both these posts. Spot on. China will cancel a degree if certain percentage isn’t hired.
This probably won’t happen because the leftists have infiltrated the universities and this is a way to funnel money to them.
Btw, this should in theory help home prices, entertainment, travel 🧳 because those in debt will spend on something new.
I don’t remember the specifics exactly, but didn’t the Jews in biblical times have a debt jubilee every 50 years because they were winning so badly that no one was left to fleece, and then there was revolts, etc?
I actually hope they continue to jack the rates at these schools if we don't get the changes stated above.

It will bring the whole thing crashing down eventually.
 

BigBucnNole

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I actually hope they continue to jack the rates at these schools if we don't get the changes stated above.

It will bring the whole thing crashing down eventually.

They’ll learn the hard way that universities don’t get to dictate the terms on what the economy needs for qualified workers.
 

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