#46 President Joe Biden

tbergs said:

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

When society moves forward, it's always the older generation complaining and asking, what about me, even though they were once the group who also benefitted from some change the previous generation didn't have. They always conveniently forgot about their special privileges. Move on. I didn't get paternity leave, but now the state allows men paid leave for 6 weeks. Sucks I didn't get that benefit, but I'm glad it's been changed for future parents. 

While I don't necessarily agree with the student loan forgiveness program, I definitely agree with this mentality.

Just because prior generations didn't get something that would have benefited them, doesn't mean subsequent generations shouldn't either. 

I'm for it...the government paid billions to people (like me....I got $50K) for covid relief. Getting that debt off their backs is good for the economy. They will spend that money rather than pay some fucked up loan that they made a bad decision on.

LETH GO BARNDEN!!!!!!!!!!

Out of My Mind and Time said:

LMFAO!

Build that wall!!!

Trump right again. 

"I'm a racist!!!". 

you're seriously delusional if you think Trump has been right about anything except that he'd like to date his own daughter. 

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

cry harder

mace1229 said:

tbergs said:

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

When society moves forward, it's always the older generation complaining and asking, what about me, even though they were once the group who also benefitted from some change the previous generation didn't have. They always conveniently forgot about their special privileges. Move on. I didn't get paternity leave, but now the state allows men paid leave for 6 weeks. Sucks I didn't get that benefit, but I'm glad it's been changed for future parents. 

I don't see it as moving forward. It was a decision they made. If I paid too much for a car and decide now the payments are tough, should I get bailed out? I see no difference.
You can make a choice about where to go, going to Jr college first, living at home, etc. College really doesn't have to be expensive. If you chose to make it expense, that's fine. But it was still a decision you made to take out loans so you can have that dorm experience in a 4 year college.
Others can get the same degree by going to a 2 year college first, not living in a dorm, and spending a small fraction. 

you do realize millions upon millions of the rock's fans, um, I mean, people, don't have those options, right? to lift people out of poverty, you have to lend them a hand, not a boulder attached to their ankle. high interest student loans are the ONLY way for a high percentage of people to get an education and attempt to get out of poverty/low income. 

mace1229 said:

tbergs said:

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

When society moves forward, it's always the older generation complaining and asking, what about me, even though they were once the group who also benefitted from some change the previous generation didn't have. They always conveniently forgot about their special privileges. Move on. I didn't get paternity leave, but now the state allows men paid leave for 6 weeks. Sucks I didn't get that benefit, but I'm glad it's been changed for future parents. 

I don't see it as moving forward. It was a decision they made. If I paid too much for a car and decide now the payments are tough, should I get bailed out? I see no difference.
You can make a choice about where to go, going to Jr college first, living at home, etc. College really doesn't have to be expensive. If you chose to make it expense, that's fine. But it was still a decision you made to take out loans so you can have that dorm experience in a 4 year college.
Others can get the same degree by going to a 2 year college first, not living in a dorm, and spending a small fraction. 

Many people have to take out loans and work several jobs just to go to community college.  Many also had zero financial education.  I think you are viewing student loans as something frivolous.  Not everyone had parents that were willing or could afford to go without to help with school, on top of that the fact that these loans are supposed to help people get an education and better themselves, but instead continually grow and keep people saddled with lifetime debt while making a profit for the government is fucked up.  I don't know how many time I have to say this.   I took out 15k for trade school.  have been paying for almost 10 years now only got below 10k because of the interest rate freeze.  Now that payments and interest are back up if I continue making my payments I will pay 15k over the next 10 years to pay the damn thing off.     All the while my government provided student loan has changed services so many times there is no way to accurately figure out how much I have already paid on my 15K, however I am sure it is well over 20k at this point.  The system is fucked and these people aren't getting free money.  It's trying to fix a broken system.  If these were the terms to get into Trump U half of the people complaining about taking responsibility would be talking about how people got screwed. 

my parents were not poor. my younger years, finances were quite lean (knee patches, anyone?) they paid my first year of university. after that, I got free room and board if I went to school. I still had to take out a $10K loan for what turned out to be a complete fucking waste of 10 months for one of those "quick turnaround" colleges. The interest was insane. Eventually my dad co signed a bank loan for me to be able to pay it off quicker. But it still took me years. I can't simple imagine the hundreds of thousands of dollars people have to take out nowadays while surviving on Mr Noodles and coffee for 4-7 years, then a debt higher than their yearly salary. It's like Squid Game, but with money. 1 out of 100 people make it out. 

HughFreakingDillon said:

mace1229 said:

tbergs said:

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

When society moves forward, it's always the older generation complaining and asking, what about me, even though they were once the group who also benefitted from some change the previous generation didn't have. They always conveniently forgot about their special privileges. Move on. I didn't get paternity leave, but now the state allows men paid leave for 6 weeks. Sucks I didn't get that benefit, but I'm glad it's been changed for future parents. 

I don't see it as moving forward. It was a decision they made. If I paid too much for a car and decide now the payments are tough, should I get bailed out? I see no difference.
You can make a choice about where to go, going to Jr college first, living at home, etc. College really doesn't have to be expensive. If you chose to make it expense, that's fine. But it was still a decision you made to take out loans so you can have that dorm experience in a 4 year college.
Others can get the same degree by going to a 2 year college first, not living in a dorm, and spending a small fraction. 

you do realize millions upon millions of the rock's fans, um, I mean, people, don't have those options, right? to lift people out of poverty, you have to lend them a hand, not a boulder attached to their ankle. high interest student loans are the ONLY way for a high percentage of people to get an education and attempt to get out of poverty/low income. 

Plus you cannot discharge student loan debt through bankruptcy, so those people are stuck with that debt forever.

Gern Blansten said:

static111 said:

mace1229 said:

tbergs said:

mace1229 said:

mickeyrat said:

https://twitter.com/WhiteHouse/status/1709569057882542546?t=anTO66tYvKXrQbPwNQSCOg&s=19

So adults who agreed to take out a loan, went to the school of their choice, are getting free money now?
What about families that went without so their kids wouldn't be in debt?
What about those who chose a school for financials reasons to save money?
What about those who joined the military to cover the cost?
What about those who picked a different route so they wouldn't be in debt?
When do they get their free money?

When society moves forward, it's always the older generation complaining and asking, what about me, even though they were once the group who also benefitted from some change the previous generation didn't have. They always conveniently forgot about their special privileges. Move on. I didn't get paternity leave, but now the state allows men paid leave for 6 weeks. Sucks I didn't get that benefit, but I'm glad it's been changed for future parents. 

I don't see it as moving forward. It was a decision they made. If I paid too much for a car and decide now the payments are tough, should I get bailed out? I see no difference.
You can make a choice about where to go, going to Jr college first, living at home, etc. College really doesn't have to be expensive. If you chose to make it expense, that's fine. But it was still a decision you made to take out loans so you can have that dorm experience in a 4 year college.
Others can get the same degree by going to a 2 year college first, not living in a dorm, and spending a small fraction. 

Many people have to take out loans and work several jobs just to go to community college.  Many also had zero financial education.  I think you are viewing student loans as something frivolous.  Not everyone had parents that were willing or could afford to go without to help with school, on top of that the fact that these loans are supposed to help people get an education and better themselves, but instead continually grow and keep people saddled with lifetime debt while making a profit for the government is fucked up.  I don't know how many time I have to say this.   I took out 15k for trade school.  have been paying for almost 10 years now only got below 10k because of the interest rate freeze.  Now that payments and interest are back up if I continue making my payments I will pay 15k over the next 10 years to pay the damn thing off.     All the while my government provided student loan has changed services so many times there is no way to accurately figure out how much I have already paid on my 15K, however I am sure it is well over 20k at this point.  The system is fucked and these people aren't getting free money.  It's trying to fix a broken system.  If these were the terms to get into Trump U half of the people complaining about taking responsibility would be talking about how people got screwed. 

I've told this story before somewhere on here....

I remember visiting my daughter at college several years ago and her roommate was having an issue paying rent because her student loan had not come through yet. These kids were borrowing $25K/year to go to a state school. Roughly $12K tuition and $13K room and board. Insane.

I've also run into people that lived at home, worked full time, and paid their own way. Very smart.

Some people just aren't that smart. These loans were predatory.

Not everyone lives close enough to a good school to  live at home, or has a home they are welcome in, but I see your point, If you live in a nice city with good schools and have supportive parents/family that can assist you financially and with room and board and you are wasting student loan money on rent that is not a good decision.  I don't think that situation is the norm.  Or if it is I have been surrounded by way too many people with similar bad upbringings that it has skewed my worldview.