Reagan Posted August 25, 2022 Report Share Posted August 25, 2022 21 hours ago, Big girl said: The way interest is accrued is criminal . Someone I know know borrowed 20 000. Ten years later she owes 18,000 If you don't want the debt, don't borrow the money. It's not my fault that other people get loans. And it's not my responsibility to pay for these loans either! BigGirl -- the way the world works is I pay for mine and you pay for yours. Might want to pass that on to your friend! Unwoke 1 Quote Link to comment Share on other sites More sharing options...
Bobcat1 Posted August 25, 2022 Report Share Posted August 25, 2022 50 minutes ago, Unwoke said: Biden has no legislative authority to forgive student loans. This is all to help democrats in the mid terms because this regime has sucked badly in doing what’s good for this country. They’re are Just trying to pick up more low information voters. Trump stopped student loan payments and lowered the interest to 0% - Where was your outrage then? Quote Link to comment Share on other sites More sharing options...
BS Wildcats Posted August 25, 2022 Report Share Posted August 25, 2022 23 minutes ago, Reagan said: If you don't want the debt, don't borrow the money. It's not my fault that other people get loans. And it's not my responsibility to pay for these loans either! BigGirl -- the way the world works is I pay for mine and you pay for yours. Might want to pass that on to your friend! Big girl is a Democrat. Democrats always want mine to pay for theirs. They don’t more free stuff, to them, coming their way. Quote Link to comment Share on other sites More sharing options...
BS Wildcats Posted August 25, 2022 Report Share Posted August 25, 2022 Just now, Bobcat1 said: Trump stopped student loan payments and lowered the interest to 0% - Where was your outrage then? Did he completely wipe out the debt? That childish behavior still shining. Quote Link to comment Share on other sites More sharing options...
Unwoke Posted August 25, 2022 Report Share Posted August 25, 2022 2 minutes ago, Bobcat1 said: Trump stopped student loan payments and lowered the interest to 0% - Where was your outrage then? Trump Trump Trump - Lol Can you be more specific on WTH your talking about? Quote Link to comment Share on other sites More sharing options...
baddog Posted August 25, 2022 Report Share Posted August 25, 2022 I guess Big Girl never visited a pawn shop and paid back a loan. Quote Link to comment Share on other sites More sharing options...
Bobcat1 Posted August 25, 2022 Report Share Posted August 25, 2022 43 minutes ago, Reagan said: What's interesting is that you scour the anti-consevative/Republican websites to find stuff like this (is it actually true?), but fail to have an opinion on the following: 1) Who's going to pay for this "loan forgiveness?" 2) It's clearly ILLEGAL what JoeBama has done. So, no, you are not unbiased. You have an leftist agenda! You don't know my political affiliation - You assume you know because I give you examples of what Trump and other Republican's have done and are doing and you say nothing, as soon as a Democrat has done or did you come here and blast them. It looks a lot like BLIND LOYALITY. IMO - A lot of you on here do not hold the party you affiliate with (Rep & Dem) accountable for the waste and the things they have done wrong, but you're very quick to jump on the opposite party for similar things. That's hypocritical. Boyz N Da Hood 1 Quote Link to comment Share on other sites More sharing options...
bullets13 Posted August 25, 2022 Report Share Posted August 25, 2022 5 hours ago, baddog said: I’m going to apply for a student loan < $10,000 and just keep it. All will be forgiven. STEALING YOU SAY? you have to prove you used the money for school (or prove that you voted for Biden) baddog 1 Quote Link to comment Share on other sites More sharing options...
bullets13 Posted August 25, 2022 Report Share Posted August 25, 2022 4 hours ago, LumRaiderFan said: Absolutely, I don't agree with the plan either but I would grab any opportunity to get MY money back from the government. bingo. while it played no part in our decision to adopt, by adopting "at-risk" kids we've gotten tons of financial help/incentives from the government, I do understand the financial incentivization to encourage the adoption of kids who are difficult to place. While the help seems excessive at times, I'm certainly not giving any of it back, as I feel as though I've put plenty in over the years. LumRaiderFan 1 Quote Link to comment Share on other sites More sharing options...
Unwoke Posted August 25, 2022 Report Share Posted August 25, 2022 39 minutes ago, Bobcat1 said: Trump stopped student loan payments and lowered the interest to 0% - Where was your outrage then? Again you must be referring to when State Governors shut businesses down due to the plandemic, an taking away peoples ability to make a living. What’s there to be outraged about? You take away someone’s ability to make a living an expect them to pull money out of there rear to pay bills. He paused it with no accrued interest. That’s was the right thing to do in that situation imo. He didn’t eliminate the debt he paused it. There were many mortgage companies, car lenders, and other businesses that gave extensions on paying them to help people out. 5GallonBucket 1 Quote Link to comment Share on other sites More sharing options...
tvc184 Posted August 25, 2022 Report Share Posted August 25, 2022 37 minutes ago, Bobcat1 said: Trump stopped student loan payments and lowered the interest to 0% - Where was your outrage then? Are you talking about when Trump suspended loan payments temporarily due to covid? I don’t recall where Trump just did away with money owed. thetragichippy, Reagan and Unwoke 2 1 Quote Link to comment Share on other sites More sharing options...
bullets13 Posted August 25, 2022 Report Share Posted August 25, 2022 When I graduated high school I had been accepted to UT, Tech, and a couple of other smaller schools. My grades and SAT scores were good enough to get into just about anywhere I wanted, but not quite good enough to get the insane amounts of scholarships needed to avoid taking out massive student loans. I chose to live at home for a year, going to Lamar. I worked and saved money, and the scholarships I had received covered my tuition at the much cheaper school. After a year I transferred to East Texas Baptist University to join the soccer team (and to follow a gf). Tuition + room and board was about 6.5K a semester when I started (still very affordable compared to other schools). My parents helped as much as they could, I worked 30 hours a week, and I still had a few small scholarships that helped out. My junior year tuition went up to $8K. Before my senior year my fiancee and I realized that if we moved up our wedding a year we'd qualify for grants that we wouldn't have to pay back, so we went for it. My tuition dropped to $1200 my last two semesters, hers to $1800. I didn't borrow a penny. Would going to UT have been awesome? Yes it would have. But you know what was more awesome? Starting my grownup life with zero debt. I did not work my butt off and make smart financial decisions so that I could one day help dumb college graduates pay for the "full college experience". Please explain to me why there are people out there taking out $100K in loans to not only get meaningless degrees (I've known about 10 kids graduate with psychology degrees in the last 5 years, but none of them are using their degrees), but also MEANINGFUL degrees in professions that don't pay well. For example, if someone is dumb enough to go spend 200K on a teaching degree to enter a field that, while worthwhile and important, does not pay well at all, why the heck should they receive loan forgiveness for making dumb decisions? If you live close enough to commute to Lamar, even with today's inflated prices you can get a 4-year degree for $14,000. If you instead decide you want to incur massive student loans to pay for a $140,000 degree from Texas, I'd say it's up to you to find a job when you get out that will pay enough for you to take care of your own incurred expenses. If the government wants to fix this problem, the answer is not forfeiting hundreds of billions of dollars in student loans in increments that will only be a drop in the bucket for many anyway. I've seen significant research that shows after these loan payoffs it will only take 4 years for the amount of student loan debt to make it back to where it is currently. What's the point? The answer is regulation of college tuition and room and board costs. An in-state student pays $25K a semester for room and board + tuition at UT. It's 30K a semester to go to baylor. A&M is $26K a semester in-state. All of these schools are over $50K for a non-Texas resident per semester. These schools have anywhere from 30,000-50,000 students. We're talking profits in the billions. The primary purpose of colleges should not be money making. That is the real issue. But even still, I don't feel any different about someone who chooses to pay too much for a degree than I do for someone who ends up upside down on a vehicle note because they make 50K a year but "need" an 80K truck. Make responsible decisions, and don't expect the country to help you out when you don't. LumRaiderFan, AggiesAreWe, Unwoke and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Unwoke Posted August 25, 2022 Report Share Posted August 25, 2022 13 minutes ago, bullets13 said: When I graduated high school I had been accepted to UT, Tech, and a couple of other smaller schools. My grades and SAT scores were good enough to get into just about anywhere I wanted, but not quite good enough to get the insane amounts of scholarships needed to avoid taking out massive student loans. I chose to live at home for a year, going to Lamar. I worked and saved money, and the scholarships I had received covered my tuition at the much cheaper school. After a year I transferred to East Texas Baptist University to join the soccer team (and to follow a gf). Tuition + room and board was about 6.5K a semester when I started (still very affordable compared to other schools). My parents helped as much as they could, I worked 30 hours a week, and I still had a few small scholarships that helped out. My junior year tuition went up to $8K. Before my senior year my fiancee and I realized that if we moved up our wedding a year we'd qualify for grants that we wouldn't have to pay back, so we went for it. My tuition dropped to $1200 my last two semesters, hers to $1800. I didn't borrow a penny. Would going to UT have been awesome? Yes it would have. But you know what was more awesome? Starting my grownup life with zero debt. I did not work my butt off and make smart financial decisions so that I could one day help dumb college graduates pay for the "full college experience". Please explain to me why there are people out there taking out $100K in loans to not only get meaningless degrees (I've known about 10 kids graduate with psychology degrees in the last 5 years, but none of them are using their degrees), but also MEANINGFUL degrees in professions that don't pay well. For example, if someone is dumb enough to go spend 200K on a teaching degree to enter a field that, while worthwhile and important, does not pay well at all, why the heck should they receive loan forgiveness for making dumb decisions? If you live close enough to commute to Lamar, even with today's inflated prices you can get a 4-year degree for $14,000. If you instead decide you want to incur massive student loans to pay for a $140,000 degree from Texas, I'd say it's up to you to find a job when you get out that will pay enough for you to take care of your own incurred expenses. If the government wants to fix this problem, the answer is not forfeiting hundreds of billions of dollars in student loans in increments that will only be a drop in the bucket for many anyway. I've seen significant research that shows after these loan payoffs it will only take 4 years for the amount of student loan debt to make it back to where it is currently. What's the point? The answer is regulation of college tuition and room and board costs. An in-state student pays $25K a semester for room and board + tuition at UT. It's 30K a semester to go to baylor. A&M is $26K a semester in-state. All of these schools are over $50K for a non-Texas resident per semester. These schools have anywhere from 30,000-50,000 students. We're talking profits in the billions. The primary purpose of colleges should not be money making. That is the real issue. But even still, I don't feel any different about someone who chooses to pay too much for a degree than I do for someone who ends up upside down on a vehicle note because they make 50K a year but need an 80K truck. Make responsible decisions, and don't expect the country to help you out when you don't. I know we rarely agree on anything Bullets13 but I admire your sound financial decisions in getting your college degree. We’ll Done! You should be proud of yourself. bullets13 1 Quote Link to comment Share on other sites More sharing options...
CardinalBacker Posted August 25, 2022 Report Share Posted August 25, 2022 I mean, we all knew this was coming whenever the federal government took over college lending in 2010 under Obama. The whole situation is stupid. The working man is literally paying for kids to go to school and be indoctrinated by leftist professors. I don't see how this ends well. Quote Link to comment Share on other sites More sharing options...
baddog Posted August 25, 2022 Report Share Posted August 25, 2022 1 hour ago, bullets13 said: bingo. while it played no part in our decision to adopt, by adopting "at-risk" kids we've gotten tons of financial help/incentives from the government, I do understand the financial incentivization to encourage the adoption of kids who are difficult to place. While the help seems excessive at times, I'm certainly not giving any of it back, as I feel as though I've put plenty in over the years. Very admirable. I couldn’t manage it. My kids are grown and the granddaughter is more than I can handle. bullets13 1 Quote Link to comment Share on other sites More sharing options...
Reagan Posted August 25, 2022 Report Share Posted August 25, 2022 9 minutes ago, CardinalBacker said: I mean, we all knew this was coming whenever the federal government took over college lending in 2010 under Obama. The whole situation is stupid. The working man is literally paying for kids to go to school and be indoctrinated by leftist professors. I don't see how this ends well. You are right: Socialism is ALWAYS good for those that are on the receiving end! But never good for those on the giving end! Quote Link to comment Share on other sites More sharing options...
Bobcat1 Posted August 25, 2022 Report Share Posted August 25, 2022 1 hour ago, bullets13 said: When I graduated high school I had been accepted to UT, Tech, and a couple of other smaller schools. My grades and SAT scores were good enough to get into just about anywhere I wanted, but not quite good enough to get the insane amounts of scholarships needed to avoid taking out massive student loans. I chose to live at home for a year, going to Lamar. I worked and saved money, and the scholarships I had received covered my tuition at the much cheaper school. After a year I transferred to East Texas Baptist University to join the soccer team (and to follow a gf). Tuition + room and board was about 6.5K a semester when I started (still very affordable compared to other schools). My parents helped as much as they could, I worked 30 hours a week, and I still had a few small scholarships that helped out. My junior year tuition went up to $8K. Before my senior year my fiancee and I realized that if we moved up our wedding a year we'd qualify for grants that we wouldn't have to pay back, so we went for it. My tuition dropped to $1200 my last two semesters, hers to $1800. I didn't borrow a penny. Would going to UT have been awesome? Yes it would have. But you know what was more awesome? Starting my grownup life with zero debt. I did not work my butt off and make smart financial decisions so that I could one day help dumb college graduates pay for the "full college experience". Please explain to me why there are people out there taking out $100K in loans to not only get meaningless degrees (I've known about 10 kids graduate with psychology degrees in the last 5 years, but none of them are using their degrees), but also MEANINGFUL degrees in professions that don't pay well. For example, if someone is dumb enough to go spend 200K on a teaching degree to enter a field that, while worthwhile and important, does not pay well at all, why the heck should they receive loan forgiveness for making dumb decisions? If you live close enough to commute to Lamar, even with today's inflated prices you can get a 4-year degree for $14,000. If you instead decide you want to incur massive student loans to pay for a $140,000 degree from Texas, I'd say it's up to you to find a job when you get out that will pay enough for you to take care of your own incurred expenses. If the government wants to fix this problem, the answer is not forfeiting hundreds of billions of dollars in student loans in increments that will only be a drop in the bucket for many anyway. I've seen significant research that shows after these loan payoffs it will only take 4 years for the amount of student loan debt to make it back to where it is currently. What's the point? The answer is regulation of college tuition and room and board costs. An in-state student pays $25K a semester for room and board + tuition at UT. It's 30K a semester to go to baylor. A&M is $26K a semester in-state. All of these schools are over $50K for a non-Texas resident per semester. These schools have anywhere from 30,000-50,000 students. We're talking profits in the billions. The primary purpose of colleges should not be money making. That is the real issue. But even still, I don't feel any different about someone who chooses to pay too much for a degree than I do for someone who ends up upside down on a vehicle note because they make 50K a year but "need" an 80K truck. Make responsible decisions, and don't expect the country to help you out when you don't. B I N G O Quote Link to comment Share on other sites More sharing options...
LumRaiderFan Posted August 25, 2022 Author Report Share Posted August 25, 2022 You guys keep expecting government to fix a problem… that’s adorable. 🙂 Quote Link to comment Share on other sites More sharing options...
Boyz N Da Hood Posted August 26, 2022 Report Share Posted August 26, 2022 On 8/25/2022 at 10:17 AM, LumRaiderFan said: The thread is about forgiving student debt, I’m against it. Anyone here in favor of it? Do your best not to bring up Trump, I know it’s hard but try. This is hilarious on all accounts! Everytime a topic on conald comes up YOU'RE quick to point out Hillary, biden or any D! ROTFL LMMFAO Quote Link to comment Share on other sites More sharing options...
LumRaiderFan Posted August 26, 2022 Author Report Share Posted August 26, 2022 58 minutes ago, 45thAND46thSucks said: This is hilarious on all accounts! Everytime a topic on conald comes up YOU'RE quick to point out Hillary, biden or any D! ROTFL LMMFAO Nice dodge, try answering the question. Quote Link to comment Share on other sites More sharing options...
Boyz N Da Hood Posted August 26, 2022 Report Share Posted August 26, 2022 26 minutes ago, LumRaiderFan said: Nice dodge, try answering the question. I don't have to answer a question to point out your hypocrisy! Try not to get in those feelings Quote Link to comment Share on other sites More sharing options...
LumRaiderFan Posted August 26, 2022 Author Report Share Posted August 26, 2022 7 minutes ago, 45thAND46thSucks said: I don't have to answer a question to point out your hypocrisy! Try not to get in those feelings lol, typical lib, always angry and defensive. Quote Link to comment Share on other sites More sharing options...
Boyz N Da Hood Posted August 26, 2022 Report Share Posted August 26, 2022 8 minutes ago, LumRaiderFan said: lol, typical lib, always angry and defensive. Seems only 1 party is angry these days LOL! Quote Link to comment Share on other sites More sharing options...
LumRaiderFan Posted August 26, 2022 Author Report Share Posted August 26, 2022 1 hour ago, 45thAND46thSucks said: Seems only 1 party is angry these days LOL! This is true, your party is doing plenty for hard working taxpayers to be angry about. Quote Link to comment Share on other sites More sharing options...
5GallonBucket Posted August 26, 2022 Report Share Posted August 26, 2022 My mortgage identifies as a student loan now Quote Link to comment Share on other sites More sharing options...
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