Here come the payoffs for youth vote.

[Mik]

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

[Mik]

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.

[Jolly]

@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!

[Mik]

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

[Jolly]

Amnesty. DACA. Dreamers.

It's what they do...

[Copper]

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

[Mik]

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

[George K]

@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.

[xenon]

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.

[George K]

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!"?

[Mik]

@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.

[Doctor Phibes]

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!

[Copper]

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.

[LuFins Dad]

@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!

[Doctor Phibes]

Charity begins at home.

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

[jon-nyc]

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.

[Larry]

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.

[taiwan_girl]

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

Because it is a bad idea!!

[Jolly]

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

[George K]