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$50,000 student loan forgiveness plan

serfserf Member Posts: 9,217 ✭✭✭✭


The Democrats are ready to forgive billions of dollars of student loan debt! Just another buy my vote scheme payout! They would do better buying jobs for these people than giving them a free lunch. More debt on the backs of the working middle class is all it is. Next is15 dollars a hour for low wage earners which will push up costs on,you guess it the working middle class again. Oh,wait free health care for all is next! More taxes for everyone is coming!

serf

https://www.cnbc.com/2021/02/04/biggest-winners-in-democrats-plan-to-forgive-50000-of-student-debt-.htm

“Democrats are committed to big, bold action, and this resolution to cancel up to $50,000 in federal student loan debt is one of the strongest steps the president can take to achieve these goals.

The resolution, first made in the Senate last year, was also introduced in the House of Representatives by Rep. Ayanna Pressley, D-Mass.; Rep. Ilhan Omar, D-Minn.; and Rep. Mondaire Jones, D-N.Y.

Comments

  • jimdeerejimdeere Member, Moderator Posts: 26,155 ******

    That’s it. I’m going back to college.

  • bpostbpost Member Posts: 32,669 ✭✭✭✭

    Seems like a wonderful idea! Marvelous, well thought out and given to those that "deserve" free stuff (that you pay for).

    At the same time, teaching those parents that saved, sacrificed, scrimped and planned for the future of their offspring are total suckers, morons and oh so easily duped by feelings of individual responsibility.

  • Don McManusDon McManus Member Posts: 23,672 ✭✭✭✭

    A transfer of wealth from the proletariat to the bourgeoisie.


    I have never understood why the Democrats would support such an idea, but leftist control of our government, media, and academia, it makes sense.


    Those that do not have the ability, money, or desire to go to college will be forced to pay for their betters to attend. These people will be programmed to support leftist ideals and many will be groomed to go into politics to rule over the ignorant masses who fund this phony intelligentsia that is being created.

    There is no logical reason for tradesmen who work their * off day after day to pay the bills for those who have chosen to take on debt so as to put themselves into a more advantageous financial position.

    While the simple reason is to pay off their supporters with the money of those that did not support them, the long game is much more insidious.

    Freedom and a submissive populace cannot co-exist.

    Brad Steele
  • mark christianmark christian Member Posts: 24,453 ✭✭✭✭
    edited February 2021

    I agree with Don. Student loan forgiveness is a gift to the middle class voters who switched from Trump to Biden.

    There is nothing in this for Biden's low income supporters in the inner cities. Their kids don't go to college, which means they have no student debt. A free college education for their kids; which is what Bernie had advocated, may have been what they had expected.

  • MobuckMobuck Member Posts: 14,083 ✭✭✭✭

    "That’s it. I’m going back to college."


    ME TOO. I've got nothing better to do than attend classes remotely and sit in front of this computer all day.

  • Nanuq907Nanuq907 Member Posts: 2,551 ✭✭✭✭

    Me too. I'll take that $50k as a lump sum please, and I'll pay for "books and tuition" over the next year or so. Hmmmmm, course of study.... I'll start with "Fundamentals of the Colt 1911 Series 70 Gold Cup" and "Seamanship and Handling of Guillemot Kayaks in the Open Ocean".

  • NeoBlackdogNeoBlackdog Member Posts: 17,184 ✭✭✭✭

    I'm curious what they're gonna do for those of us that had student loans and managed to work hard and pay them off?

    Am I gonna get my $20,000+ back? Rotten sons a beeches...

  • BrookwoodBrookwood Member, Moderator Posts: 13,728 ******

    What kind of future doctors, nurses, teachers, engineers, scientists, professional etc. etc. will we end up with if they do not have to earn their degrees??? 😮

  • Ditch-RunnerDitch-Runner Member Posts: 25,227 ✭✭✭✭

    buying votes same with more free money ,more food stamps , wide open borders , open flood gates on china and third world slave labor did we mention its free its all free just keep us in office and its free all it cost is a vote or four from each one of you every election day

    don't worry about the working class tax payers we will keep them at bay and supporting you

  • Nanuq907Nanuq907 Member Posts: 2,551 ✭✭✭✭

    Biggest problem with this is it's the well-to-do who tend to earn college degrees. Those with more modest means are usually more focused on putting food on the table.

    So we wind up with people of meager means subsidizing higher education for the wealthy.

  • chiefrchiefr Member Posts: 14,083 ✭✭✭✭

    Well, I am all for allowing these DEMOCRATs to debase the value of a college education. Let the stupidity begin.


    One other thing...................how long do you think it will be before these DEMOCRATs come up with a plan to forgive mortgage debt.


    These DEMOCRATs are on a fast pace towards a socialist state and few people even have a clue.

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