Domain: tiger-web1.srvr.media3.us Biden will not cancel student debt | Page 2 | Political Talk
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re: Biden will not cancel student debt

Posted on 2/17/21 at 6:15 pm to
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 2/17/21 at 6:15 pm to
A bunch of gender studies majors are upset
Posted by RemouladeSawce
Uranus
Member since Sep 2008
17361 posts
Posted on 2/17/21 at 6:22 pm to
The sad reality is student debt "crisis" at 4-8% is the only thing keeping Millenials and Gen Z from a credit card crisis at 16-25%. No way the blank slate offered by $10k or $50k in potential relief would last.

If the government is staying in the student loan business, Step 0 before one cent of relief should be shutting down universities' ability to increase tuition drastically beyond inflation. No more blank checks. If that isn't fixed before anything else is considered then we'll have this as an evergreen campaign issue with increasing cancellation denominations.
This post was edited on 2/17/21 at 6:27 pm
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 2/17/21 at 6:25 pm to
So I need to get a student loan for 10k?
Posted by Centinel
Idaho
Member since Sep 2016
45040 posts
Posted on 2/17/21 at 6:26 pm to
quote:

He said 10,000 on the trail and is doing that.


And that's 10k too much.

You took out the loan. You signed a contract. Pay your fricking bill you worthless sacks of shite.

Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
39138 posts
Posted on 2/17/21 at 7:16 pm to
Honestly I can’t stand Biden but him putting that liberal freak in her place was awesome. Good for him

Imagine thinking you are owed 50k in loan forgiveness so much that you get to ask the president a question and use it to demand it of the president
This post was edited on 2/17/21 at 7:18 pm
Posted by deuceiswild
South La
Member since Nov 2007
4615 posts
Posted on 2/17/21 at 7:38 pm to
First, let’s cancel the student loan program. It’s an obvious failure of a program.

Once that’s done, THEN we can discuss cancelling some amount of debt. But I still won’t agree.
Posted by UndercoverBryologist
Member since Nov 2020
8077 posts
Posted on 2/17/21 at 7:42 pm to
quote:

First, let’s cancel the student loan program. It’s an obvious failure of a program.

Once that’s done, THEN we can discuss cancelling some amount of debt. But I still won’t agree.


If we suppose, just for the sake of argument, that a large amount of student loan debt should be forgiven (>$50,000 for all students, regardless of major or job type), it necessarily follows that the federal subsidized student loan program should be cancelled.

If you’re for massive student loan forgiveness, you’ve basically admitted that 18-22 year olds are too stupid and irresponsible to be given federally subsidized loans.
This post was edited on 2/17/21 at 7:46 pm
Posted by themunch
bottom of the list
Member since Jan 2007
71600 posts
Posted on 2/17/21 at 7:43 pm to
To be fair, he is not the president.
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 2/17/21 at 7:44 pm to
quote:

He said 10,000 on the trail and is doing that


No he did not.
Posted by memphis tiger
Memphis, TN
Member since Feb 2006
20720 posts
Posted on 2/17/21 at 7:47 pm to
quote:

If Dems lose either or both Houses


Good grief.

The Dems WILL NOT lose either house. They will increase their lead in both.

FFS. They just rigged a POTUS election with everyone watching.

You don’t think they will steal some seats in a mid term election when half the country (on both sides) historically doesn’t pay attention?
Posted by UndercoverBryologist
Member since Nov 2020
8077 posts
Posted on 2/17/21 at 7:49 pm to
quote:

when half the country (on both sides) historically doesn’t pay attention?


Regardless of your fears about the 2022 midterms, historically, the first midterm of a new president usually has pretty high turnout. Lots of voters having buyer’s remorse regarding the White House.
Posted by NardDog
New Orleans
Member since Apr 2015
268 posts
Posted on 2/17/21 at 7:49 pm to
Millennials have more money saved at age 25 than any other generation. I don’t agree by having them in debt for 4-8% interest is saving them from racking up 20% credit card debt.
Posted by UndercoverBryologist
Member since Nov 2020
8077 posts
Posted on 2/17/21 at 7:58 pm to
Bush (43) got by without an initial midterm referendum. In 2002, the GOP actually gained back the Senate after a defection that occurred in 2001 gave the Dems brief control. But Bush was riding the momentum of a popular war, and Americans love war.

It finally caught up with in the 2006 midterms.
Posted by Blast and Laugh
Texas
Member since Feb 2005
2166 posts
Posted on 2/17/21 at 8:19 pm to
It’s laughable if you thought the Occupant of the United States would do anything with student debt. His handlers told him he needed the millennial vote and made him say that. Not even being discussed with any sincerity.
Posted by roadtrash77
where the oil spurts
Member since Jan 2021
74 posts
Posted on 2/17/21 at 8:22 pm to
If you paid it off in the last year then you’re an idiot
Posted by frogtown
Member since Aug 2017
5926 posts
Posted on 2/17/21 at 8:35 pm to
quote:

He said 10,000 on the trail and is doing that.


What gives you the right for even taking a 10K reduction? You should get nothing and like it.
Posted by jb21lsu
NWLA
Member since Mar 2018
2885 posts
Posted on 2/17/21 at 8:51 pm to
Nor should he. You knew what you were siging up for.

Student loan and that "business" is a huge racketeering job. There should be no interest on student loans, moving forward. You cannot get rid of it except by paying for it. I do support a reduced interest rate moving forward for active loans.


Invest in yourself. Thats what we do as humans, as companies, why not as a country, our country, The United States of America. You choose to take a job out of country, now you get some interest charges.

Invest in yourself, whomever or whatever that may be.
This post was edited on 2/17/21 at 8:54 pm
Posted by Dandy Chiggins
Member since Jan 2021
778 posts
Posted on 2/17/21 at 8:59 pm to
And yet it will be a top 3 2024 campaign promise. (From Kamala).
Posted by TigerNlc
Chocolate City
Member since Jun 2006
33142 posts
Posted on 2/17/21 at 10:21 pm to
Good, something we can finally agree on.
Posted by CGSC Lobotomy
Member since Sep 2011
81611 posts
Posted on 2/18/21 at 1:54 am to
quote:

Bush (43) got by without an initial midterm referendum. In 2002, the GOP actually gained back the Senate after a defection that occurred in 2001 gave the Dems brief control. But Bush was riding the momentum of a popular war, and Americans love war.

It finally caught up with in the 2006 midterms


Going back 30 years:

1992 - Republicans gained 9 House Seats and no Senate seats. Democrat Majority in both

1994 - Republicans gained 54 seats in the House and 8 seats in the Senate, flipping both

1996 - Democrats gained 2 House seats and Republicans gained 2 Senate seats

1998 - Democrats gained 5 House seats and 0 Senate seats

2000 - Democrats gained 1 House seat and 4 Senate seats, gaining the majority in the Senate when Jim Jeffords flipped

2002 - Republicans gained 8 House and 2 Senate seats, flipping the Senate

2004 - Republicans gained 3 House and 4 Senate seats, unseating the Senate minority leader

2006 - Democrats gained 31 House and 5 Senate seats, flipping both

2008 - Democrats gained 21 House and 8 Senate seats

2010 - Republicans gained 63 House seats, flipping it and gained 6 Senate seats

2012 - Democrats gained 8 House seats and 2 Senate seats

2014 - Republicans gained 13 House and 9 Senate seats, flipping the Senate

2016 - Democrats gained 6 House and 2 Senate seats

2018 - Democrats gained 41 House seats while Republicans gained 2 Senate seats

2020 - Republicans gained 14 House seats while Democrats gained 3 Senate seats, flipping the Senate

2022 - Dominion software nets Democrats 213 House and 20 Senate seats
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