(08-24-2022, 11:23 AM)mikesez Wrote: Student loans are already extremely complicated. One person with student loans already feels like he got a very different deal than the next person, because he did. This partial forgiveness is going to apply to some borrowers but not others, and will further complicate the system, further frustrating all of the stakeholders.

Biden doesn't have much power to make any of this better, whether he forgives some loans or not. Congress should be acting. New loans should be made out of one single, easy to understand program. Schools that produce a lot of defaults or have low graduation rates should be punished with lower and lower availability of new loans. All new students should have income based repayment plans. Congress just doesn't want to do this work though. And I don't understand why everyone thinks it's OK for Congress to just hand the problem off to a Biden or a Trump or an Obama.

How about a substantial rebate for the 5 student loans I paid back in full? No, instead, I get to foot more bills from a bunch of government-enabled freeloaders.

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(08-24-2022, 11:30 AM)homebiscuit Wrote:

(08-24-2022, 11:08 AM)Bchbunnie4 Wrote: And probably 99.9% of those people he’s helping were voting D already.

Because people who vote R don’t tend to get degrees in Philosophy and ethnic studies.

that is so true and is often overlooked in all this. Again, Republicans footing the bills for Democrats who can't pick a profitable career, or don't want to cause it's too 'capitalistic'.

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(08-24-2022, 11:51 AM)Bchbunnie4 Wrote:

(08-24-2022, 11:30 AM)homebiscuit Wrote: Because people who vote R don’t tend to get degrees in Philosophy and ethnic studies.

And gender studies, don’t forget the gender studies!

In my day, the lazy degree was 'Underwater Basket weaving'. Never could figure out the underwater part.

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