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Full Version: Cancelling Student Loans
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(08-26-2022, 11:27 AM)Ronster Wrote: [ -> ]
(08-26-2022, 11:22 AM)Jagwired Wrote: [ -> ]I'm clearly laughing at your hand out self. #brokeasajoke

Yo, you want to sell your EBT card. I'm currently offering 15 cents on the dollar?

Why are you such an angry little man. You definitely strike me as the criminal type. So you take advantage of welfare recipients a lot?  Man, that's just ugly...

So no on the card?

Buuuwhhahhaaa!! Be sure to write your leader creepy joe a thank you note for your welfare payment.
(08-25-2022, 09:48 PM)EricC85 Wrote: [ -> ]I still think if your going down this road it should be tied to social security.

If you write off or cancel 20k in student loans deduct 20k from social security paid to that individual at retirement. That would lighten the demand on social security in the future, provide this "relief" they're claiming is needed and not cost the tax payers anything long term. Think of it as an advance on social security applied to their loans. In reality most of them won't see a dime of social security but pay into it most of there working lives anyway.

But the way it's being done now, hard no bad idea. And I have student loans I'm paying on. It'll cost me more in inflation then they're forgiving in the long run.

This is a good idea.
(08-26-2022, 11:30 AM)Jagwired Wrote: [ -> ]
(08-26-2022, 11:27 AM)Ronster Wrote: [ -> ]Why are you such an angry little man. You definitely strike me as the criminal type. So you take advantage of welfare recipients a lot?  Man, that's just ugly...

So no on the card?

Buuuwhhahhaaa!! Be sure to write your leader creepy joe a thank you note for your welfare payment.

Why are you making fun of people that have the EBT card? You think its funny that some people need it? WOW, that says a lot about you bro...
(08-26-2022, 08:57 AM)The Drifter Wrote: [ -> ][Image: slm.jpg]

Joking aside, FHA loans could be next on the government handout list.
(08-26-2022, 11:40 AM)Ronster Wrote: [ -> ]
(08-26-2022, 11:30 AM)Jagwired Wrote: [ -> ]So no on the card?

Buuuwhhahhaaa!! Be sure to write your leader creepy joe a thank you note for your welfare payment.

Why are you making fun of people that have the EBT card? You think its funny that some people need it? WOW, that says a lot about you bro...

What courses did you take in college that didn't pay off for you?
(08-26-2022, 11:40 AM)Ronster Wrote: [ -> ]
(08-26-2022, 11:30 AM)Jagwired Wrote: [ -> ]So no on the card?

Buuuwhhahhaaa!! Be sure to write your leader creepy joe a thank you note for your welfare payment.

Why are you making fun of people that have the EBT card? You think its funny that some people need it? WOW, that says a lot about you bro...

I'm not the one that borrowed a [BLEEP] load of money and now am not going to pay it back. That's you deadbeat. THAT says a TON about you.
(08-26-2022, 11:41 AM)NewJagsCity Wrote: [ -> ]
(08-26-2022, 08:57 AM)The Drifter Wrote: [ -> ][Image: slm.jpg]

Joking aside, FHA loans could be next on the government handout list.

What? I think we're a long ways off from that I hope at least. We've had major talks about should education be free or government funded and student loans being forgiven for years, I've never heard of fha loans being absorbed by the fed. That would be crazy straight communism at that point do you even own the house in that case? Yikes that's scary to think about.
(08-26-2022, 11:45 AM)EricC85 Wrote: [ -> ]
(08-26-2022, 11:41 AM)NewJagsCity Wrote: [ -> ]Joking aside, FHA loans could be next on the government handout list.

What? I think we're a long ways off from that I hope at least. We've had major talks about should education be free or government funded and student loans being forgiven for years, I've never heard of fha loans being absorbed by the fed. That would be crazy straight communism at that point do you even own the house in that case? Yikes that's scary to think about.

I really hate to break it to you, but you NEVER own your house.
(08-26-2022, 10:13 AM)Ronster Wrote: [ -> ]I called the department of Education about 7 years ago and offered to negotiate a one time payment of 15K (lump sum) to settle it once and for all. They turned me down. The Woman said and I quote "Its not a good deal for the government" at that time it was a 50% reduction in what I owed...

What college courses did you take that left you in a situation where you could not pay back a $30,000 student loan?

I'm not judging you. I'm just curious.
(08-26-2022, 12:08 PM)The Real Marty Wrote: [ -> ]
(08-26-2022, 10:13 AM)Ronster Wrote: [ -> ]I called the department of Education about 7 years ago and offered to negotiate a one time payment of 15K (lump sum) to settle it once and for all. They turned me down. The Woman said and I quote "Its not a good deal for the government" at that time it was a 50% reduction in what I owed...

What college courses did you take that left you in a situation where you could not pay back a $30,000 student loan?

I'm not judging you. I'm just curious.

He owed 30k after paying off 60% is how I read it.
(08-26-2022, 12:08 PM)The Real Marty Wrote: [ -> ]
(08-26-2022, 10:13 AM)Ronster Wrote: [ -> ]I called the department of Education about 7 years ago and offered to negotiate a one time payment of 15K (lump sum) to settle it once and for all. They turned me down. The Woman said and I quote "Its not a good deal for the government" at that time it was a 50% reduction in what I owed...

What college courses did you take that left you in a situation where you could not pay back a $30,000 student loan?

I'm not judging you. I'm just curious.

I wish it was only 30k... started off at 65k and change 

Business major...
(08-26-2022, 12:08 PM)flsprtsgod Wrote: [ -> ]
(08-26-2022, 11:45 AM)EricC85 Wrote: [ -> ]What? I think we're a long ways off from that I hope at least. We've had major talks about should education be free or government funded and student loans being forgiven for years, I've never heard of fha loans being absorbed by the fed. That would be crazy straight communism at that point do you even own the house in that case? Yikes that's scary to think about.

I really hate to break it to you, but you NEVER own your house.

Yes and no you own the equity of the house but yes you always have to pay property taxes.
Getting old sucks. I was just ranting the other day about property taxes. It's almost unfathomable how much money you pay to the government to own a house.
(08-26-2022, 02:36 PM)Lucky2Last Wrote: [ -> ]Getting old sucks. I was just ranting the other day about property taxes. It's almost unfathomable how much money you pay to the government to own a house.

Tell me about i have a private road that I have to maintain with my neighbors, no public utilities, no public mail delivery, and we do get trash pickup most weeks unless the road washes out. Yet I pay $1300 a year for my property.
(08-26-2022, 03:53 PM)EricC85 Wrote: [ -> ]
(08-26-2022, 02:36 PM)Lucky2Last Wrote: [ -> ]Getting old sucks. I was just ranting the other day about property taxes. It's almost unfathomable how much money you pay to the government to own a house.

Tell me about i have a private road that I have to maintain with my neighbors, no public utilities, no public mail delivery, and we do get trash pickup most weeks unless the road washes out. Yet I pay $1300 a year for my property.

Dude.. where the hell you live? 

Ruby Ridge? lolol

Just breakin' balls lol
Property taxes may stress you out, but they are literally the only kind of tax that has been shown to encourage economic growth even as they increase. Every tax, at a low rate, has the effect of legitimatizing the government and the currency. But at typical rates, most taxes slow down economic activity and investment and growth. But property taxes continue to promote investment even at commonly used rates. If you have to have taxes, and you do, property taxes should be preferred.
How is it that Trump couldn’t find the money to build the wall, but Biden has unchecked unlimited access to America’s checkbook?
(08-26-2022, 04:06 PM)mikesez Wrote: [ -> ]Property taxes may stress you out, but they are literally the only kind of tax that has been shown to encourage economic growth even as they increase.  Every tax, at a low rate, has the effect of legitimatizing the government and the currency.  But at typical rates, most taxes slow down economic activity and investment and growth.  But property taxes continue to promote investment even at commonly used rates. If you have to have taxes, and you do, property taxes should be preferred.

Wrong, all taxes slow economic activity and property tax is no exception.  Generally speaking, the greater the tax, the greater the impact.  Property tax is just somewhat unique, because it's a fixed annual amount, rather than a factor of consumption or income.
My wife’s student loans have been canceled!!!! Woo woo! But not because of this [BLEEP]. She went and made money and paid them off.
(08-26-2022, 03:55 PM)WingerDinger Wrote: [ -> ]
(08-26-2022, 03:53 PM)EricC85 Wrote: [ -> ]Tell me about i have a private road that I have to maintain with my neighbors, no public utilities, no public mail delivery, and we do get trash pickup most weeks unless the road washes out. Yet I pay $1300 a year for my property.

Dude.. where the hell you live? 

Ruby Ridge? lolol

Just breakin' balls lol

Outside palatka called bostwick
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