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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Here come the payoffs for youth vote.

Here come the payoffs for youth vote.

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  • M Offline
    M Offline
    Mik
    wrote on 11 Nov 2020, 20:01 last edited by
    #1

    https://www.aol.com/finance/student-debt-cancellation-already-amid-presidentelect-biden-transition-151329090.html

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • M Offline
      M Offline
      Mik
      wrote on 11 Nov 2020, 20:05 last edited by
      #2

      I really, really hate this.

      "It's SOOO inconvenient to pay the debt I willingly incurred!".

      Yeah, I didn't think much of my mortgage either but I paid it. That'll probably be next.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      J 1 Reply Last reply 11 Nov 2020, 20:46
      • M Mik
        11 Nov 2020, 20:05

        I really, really hate this.

        "It's SOOO inconvenient to pay the debt I willingly incurred!".

        Yeah, I didn't think much of my mortgage either but I paid it. That'll probably be next.

        J Offline
        J Offline
        Jolly
        wrote on 11 Nov 2020, 20:46 last edited by
        #3

        @Mik said in Here come the payoffs for youth vote.:

        I really, really hate this.

        "It's SOOO inconvenient to pay the debt I willingly incurred!".

        Yeah, I didn't think much of my mortgage either but I paid it. That'll probably be next.

        Free money!

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        1 Reply Last reply
        • M Offline
          M Offline
          Mik
          wrote on 11 Nov 2020, 20:49 last edited by
          #4

          You borrowed it, you spent it. Pay it back. This is SUCH a dangerous precedent.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          1 Reply Last reply
          • J Offline
            J Offline
            Jolly
            wrote on 11 Nov 2020, 20:52 last edited by
            #5

            Amnesty. DACA. Dreamers.

            It's what they do...

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

            1 Reply Last reply
            • C Offline
              C Offline
              Copper
              wrote on 11 Nov 2020, 20:57 last edited by
              #6

              You can't do that

              You can't reward not paying back the money

              And punish those, like me, who did pay it back

              No way

              1 Reply Last reply
              • M Offline
                M Offline
                Mik
                wrote on 11 Nov 2020, 21:21 last edited by
                #7

                Or us, who made sure our daughter got through college with no debt. Now I have to pay theirs????

                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                G 1 Reply Last reply 11 Nov 2020, 21:29
                • M Mik
                  11 Nov 2020, 21:21

                  Or us, who made sure our daughter got through college with no debt. Now I have to pay theirs????

                  G Offline
                  G Offline
                  George K
                  wrote on 11 Nov 2020, 21:29 last edited by
                  #8

                  @Mik said in Here come the payoffs for youth vote.:

                  Or us, who made sure our daughter got through college with no debt. Now I have to pay theirs????

                  I wonder if this maneuver will withstand judicial scrutiny.

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  1 Reply Last reply
                  • X Offline
                    X Offline
                    xenon
                    wrote on 11 Nov 2020, 21:30 last edited by
                    #9

                    The government should get out of the business of providing unlimited loan money for schools.

                    If it wants to subsidize post-secondary - it needs to do that directly and not incentivize administrative bloat by giving students unlimited money.

                    M 1 Reply Last reply 11 Nov 2020, 21:38
                    • G Offline
                      G Offline
                      George K
                      wrote on 11 Nov 2020, 21:32 last edited by
                      #10

                      Remember, this is for federal student loans.

                      How long before those who signed up for private loans line up at the trough, singing "ME TOOOOO!"?

                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                      1 Reply Last reply
                      • X xenon
                        11 Nov 2020, 21:30

                        The government should get out of the business of providing unlimited loan money for schools.

                        If it wants to subsidize post-secondary - it needs to do that directly and not incentivize administrative bloat by giving students unlimited money.

                        M Offline
                        M Offline
                        Mik
                        wrote on 11 Nov 2020, 21:38 last edited by
                        #11

                        @xenon said in Here come the payoffs for youth vote.:

                        The government should get out of the business of providing unlimited loan money for schools.

                        If it wants to subsidize post-secondary - it needs to do that directly and not incentivize administrative bloat by giving students unlimited money.

                        100% in agreement.

                        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                        1 Reply Last reply
                        • Doctor PhibesD Offline
                          Doctor PhibesD Offline
                          Doctor Phibes
                          wrote on 11 Nov 2020, 22:22 last edited by
                          #12

                          I think it's an awesome idea.

                          In fact, I think they should pay students to go to college over the next 4 years, and give their parents free beer for raising such upstanding citizens.

                          Sod you lot!

                          I was only joking

                          LuFins DadL 1 Reply Last reply 11 Nov 2020, 23:26
                          • C Offline
                            C Offline
                            Copper
                            wrote on 11 Nov 2020, 23:22 last edited by
                            #13

                            I might use some sod on my lot in the places where I just can't get the seed to grow. But it might be too late in the year to find sod at Lowes.

                            1 Reply Last reply
                            • Doctor PhibesD Doctor Phibes
                              11 Nov 2020, 22:22

                              I think it's an awesome idea.

                              In fact, I think they should pay students to go to college over the next 4 years, and give their parents free beer for raising such upstanding citizens.

                              Sod you lot!

                              LuFins DadL Offline
                              LuFins DadL Offline
                              LuFins Dad
                              wrote on 11 Nov 2020, 23:26 last edited by
                              #14

                              @Doctor-Phibes said in Here come the payoffs for youth vote.:

                              I think it's an awesome idea.

                              In fact, I think they should pay students to go to college over the next 4 years, and give their parents free beer for raising such upstanding citizens.

                              Sod you lot!

                              I agree!

                              The Brad

                              1 Reply Last reply
                              • Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote on 11 Nov 2020, 23:46 last edited by
                                #15

                                Charity begins at home.

                                And in my case, never leaves. Just like my freaking kids.

                                I was only joking

                                1 Reply Last reply
                                • jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on 11 Nov 2020, 23:52 last edited by
                                  #16

                                  I’m fine with just making it dischargeable in bankruptcy like (almost) any other debt.

                                  And dial back the subsidies. Make the lenders more responsible and that will vastly improve the incentive structure for students and universities.

                                  "You never know what worse luck your bad luck has saved you from."
                                  -Cormac McCarthy

                                  1 Reply Last reply
                                  • LarryL Offline
                                    LarryL Offline
                                    Larry
                                    wrote on 12 Nov 2020, 01:16 last edited by Larry 11 Dec 2020, 01:16
                                    #17

                                    You can thank the democrats for forcing the private sector out of the student loan business and then fucking it all up in the first place.

                                    1 Reply Last reply
                                    • taiwan_girlT Offline
                                      taiwan_girlT Offline
                                      taiwan_girl
                                      wrote on 12 Nov 2020, 02:24 last edited by
                                      #18

                                      I agee with those above who say that it is a bad idea.

                                      Because it is a bad idea!!

                                      1 Reply Last reply
                                      • J Offline
                                        J Offline
                                        Jolly
                                        wrote on 12 Nov 2020, 13:07 last edited by
                                        #19

                                        I'm from the government and I'm here to help you.

                                        “Cry havoc and let slip the DOGE of war!”

                                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                        1 Reply Last reply
                                        • G Offline
                                          G Offline
                                          George K
                                          wrote on 16 Nov 2020, 17:49 last edited by
                                          #20

                                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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