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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 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
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        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

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          • D Offline
            D 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

            L 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
              • D 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!

                L Offline
                L 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
                • D Offline
                  D 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
                  • J Online
                    J 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.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • L Offline
                      L 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
                      • T Offline
                        T 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

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                          • 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.

                            1 Reply Last reply
                            • D Offline
                              D Offline
                              Doctor Phibes
                              wrote on 16 Nov 2020, 17:52 last edited by
                              #21

                              I rather suspect that cancelling student debt will prove to be eerily similar to replacing Obamacare and Mexico paying for the fabled wall.

                              I was only joking

                              1 Reply Last reply
                              • M Offline
                                M Offline
                                Mik
                                wrote on 16 Nov 2020, 17:54 last edited by
                                #22

                                alt text

                                “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
                                • L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 16 Nov 2020, 22:23 last edited by
                                  #23

                                  Please wait at least 1 year! 4 would be better!

                                  The Brad

                                  G 1 Reply Last reply 16 Nov 2020, 22:27
                                  • L LuFins Dad
                                    16 Nov 2020, 22:23

                                    Please wait at least 1 year! 4 would be better!

                                    G Offline
                                    G Offline
                                    George K
                                    wrote on 16 Nov 2020, 22:27 last edited by
                                    #24

                                    @LuFins-Dad said in Here come the payoffs for youth vote.:

                                    Please wait at least 1 year! 4 would be better!

                                    I poured beaucoup bucks into my kids' college education. They all graduated with no debt.

                                    Where is the office I go to to get my money back?

                                    "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
                                    • J Online
                                      J Online
                                      jon-nyc
                                      wrote on 16 Nov 2020, 22:32 last edited by
                                      #25

                                      Wait until we hear Biden say it.

                                      What we have now is a Warren plan from the summer and a commissioned opinion that it would be within the law.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • L Offline
                                        L Offline
                                        Loki
                                        wrote on 16 Nov 2020, 22:47 last edited by
                                        #26

                                        No doubt he will delay. The provision allegedly to cancel comes from the Higher Education Act of...Wait for it....1964.

                                        1 Reply Last reply
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote on 16 Nov 2020, 22:57 last edited by
                                          #27

                                          Meh. Far more complicated than that.

                                          https://www.warren.senate.gov/imo/media/doc/Ltr to Warren re admin debt cancellation.pdf

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
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