White House’s Plans To Shut Down Biden-Era Student Loan Forgiveness Programs!

[Reagan]

Education Secretary stated:  "Debt doesn't go away; it gets transferred to others.  If borrowers don't pay their debts to the government , taxpayers do."

@Big girl        What say you?!

[LumRaiderFan]

She should just say….thank you!

[baddog]

I went to my bank the other day and told them I had paid a couple years on my truck note and I thought I had paid enough on it. When I told them I was defaulting on my loan, they got very upset. I wonder why?

Trump will be garnishing wages and tax returns to get repayment.

[Boyz N Da Hood]

I think any money given out by government or whatever branch u want to consider it should be paid back! ALL money 

Nothing should be "forgiven" not student loan, ppp loans any of it! 

[LumRaiderFan]

4 hours ago, Boyz N Da Hood said:

I think any money given out by government or whatever branch u want to consider it should be paid back! ALL money 

Nothing should be "forgiven" not student loan, ppp loans any of it! 

So when the government unnecessarily FORCES a private business to stay closed (bars, gyms, restaurants) while allowing others to stay open (big box), they should bear no financial responsibility whatsoever, it’s simply tough luck for the businesses they didn’t cherry pick to stay open?

I’m no fan of government subsidies, but when the government forces businesses closed for no reasonable reason, they should bear the financial burden.

So if ALL money handed out by government should be repaid, would you want that to include Medicare?

[baddog]

29 minutes ago, LumRaiderFan said:

So when the government unnecessarily FORCES a private business to stay closed (bars, gyms, restaurants) while allowing others to stay open (big box), they should bear no financial responsibility whatsoever, it’s simply tough luck for the businesses they didn’t cherry pick to stay open?

I’m no fan of government subsidies, but when the government forces businesses closed for no reasonable reason, they should bear the financial burden.

So if ALL money handed out by government should be repaid, would you want that to include Medicare?

Totally agree. I should clarify my like on Boyz post about the ppp loans. That would be for those who abused it….taking expensive vacations, buying Bugattis, etc….heck, they should go to jail.

[LumRaiderFan]

8 minutes ago, baddog said:

Totally agree. I should clarify my like on Boyz post about the ppp loans. That would be for those who abused it….taking expensive vacations, buying Bugattis, etc….heck, they should go to jail.

Agree about the abuse.

[Reagan]

 

 

If anyone here has a federal student loan, visit the following site to learn more about repayment options.

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[Boyz N Da Hood]

10 hours ago, LumRaiderFan said:

So when the government unnecessarily FORCES a private business to stay closed (bars, gyms, restaurants) while allowing others to stay open (big box), they should bear no financial responsibility whatsoever, it’s simply tough luck for the businesses they didn’t cherry pick to stay open?

I’m no fan of government subsidies, but when the government forces businesses closed for no reasonable reason, they should bear the financial burden.

So if ALL money handed out by government should be repaid, would you want that to include Medicare?

There lies the problem! Was this money abused? Of course it was, same way student loan is going after so should ppp. Can't pick and chose what's forgiven 

That money was dished out to everyone to boost the economy and look where it's gotten us along with other dishouts.. and your a libertarian? 🤔

[LumRaiderFan]

1 hour ago, Boyz N Da Hood said:

There lies the problem! Was this money abused? Of course it was, same way student loan is going after so should ppp. Can't pick and chose what's forgiven 

That money was dished out to everyone to boost the economy and look where it's gotten us along with other dishouts.. and your a libertarian? 🤔

I am a libertarian, and some of the money was abused, but much of the abuse came from the federal government that you seem to trust so much.

The government unnecessarily ruined businesses and lives, for that they are responsible.

You didn’t answer the welfare question, you said ALL money should be paid back, what about welfare that is heavily abused?

[OlDawg]

29 minutes ago, LumRaiderFan said:

I am a libertarian, and some of the money was abused, but much of the abuse came from the federal government that you seem to trust so much.

The government unnecessarily ruined businesses and lives, for that they are responsible.

You didn’t answer the welfare question, you said ALL money should be paid back, what about welfare that is heavily abused?

Kewl! Rarely do I find another libertarian on political forums!

[Boyz N Da Hood]

55 minutes ago, LumRaiderFan said:

I am a libertarian, and some of the money was abused, but much of the abuse came from the federal government that you seem to trust so much.

The government unnecessarily ruined businesses and lives, for that they are responsible.

You didn’t answer the welfare question, you said ALL money should be paid back, what about welfare that is heavily abused?

That i trust so much? Where have I put any faith in government? Please enlighten me, hell I don't even cast a vote for these folks

Welfare? If someone is unable to work due to health conditions I'm all for that help... 

U wanna what I think about social security? Only get what u paid in not a cent more! What else u wanna know?

I don't need to beat around the bush and defend certain things I'm pretty blunt on my stance

[LumRaiderFan]

15 minutes ago, Boyz N Da Hood said:

That i trust so much? Where have I put any faith in government? Please enlighten me, hell I don't even cast a vote for these folks

Welfare? If someone is unable to work due to health conditions I'm all for that help... 

U wanna what I think about social security? Only get what u paid in not a cent more! What else u wanna know?

I don't need to beat around the bush and defend certain things I'm pretty blunt on my stance

All in for welfare but seem to have a problem with social security, that folks actually paid for, smh.

The only reason you even mentioned PPP loans is because it occurred under Trump, you know this as well as I do.

That you group SS and welfare together shows me all I need to know.

 

[thetragichippy]

3 hours ago, Boyz N Da Hood said:

There lies the problem! Was this money abused? Of course it was, same way student loan is going after so should ppp. Can't pick and chose what's forgiven 

Banker here......

I probably did 150 -200 PPP loans.  It was not walk in and walk out with money.  You had to have previous records proving income, payroll, rent, etc.... 20% of the loan could be for rent expenses, the other 80% payroll.  To be forgiven, you had to provide the receipts and upload them. You also could not terminate any employees. I had some customers that did not follow the procedures and they are having to pay back the loans. 

There was some fraud, people are being charged with fraud.....if there was fraud in this short term program, imagine the fraud in social security and unemployment, etc, GO DOGE 

You should know the difference between a PPP loan and a student loan, but just in case.....  When my son signed his student loan, he signed a promissory note (agreement) to payback the loan at the agreed upon terms. He was given the money because he agreed he would pay it back. The PPP loans were also promissory notes that were signed in agreement to be forgiven if they met the criteria, and if they didn't, they agreed to pay it back.  

You cannot lump the 2 together because they were different. 

 

[Boyz N Da Hood]

30 minutes ago, LumRaiderFan said:

All in for welfare but seem to have a problem with social security, that folks actually paid for, smh.

The only reason you even mentioned PPP loans is because it occurred under Trump, you know this as well as I do.

That you group SS and welfare together shows me all I need to know.

 

I said and I quote :if someone is unable to work due to HEALTH CONDITIONS im all for THAT help"!

Only reason u dismiss ppp loans is because your man dished it out! 

I never grouped anything together. I simply stated my stance on SS

Sorry for not being sorry... don't really care what u think

[Boyz N Da Hood]

34 minutes ago, LumRaiderFan said:

All in for welfare but seem to have a problem with social security, that folks actually paid for, smh.

The only reason you even mentioned PPP loans is because it occurred under Trump, you know this as well as I do.

That you group SS and welfare together shows me all I need to know.

 

It's ok man, everything you vote for and defend does NOT spell libertarian... 

[LumRaiderFan]

48 minutes ago, Boyz N Da Hood said:

I said and I quote :if someone is unable to work due to HEALTH CONDITIONS im all for THAT help"!

Only reason u dismiss ppp loans is because your man dished it out! 

I never grouped anything together. I simply stated my stance on SS

Sorry for not being sorry... don't really care what u think

No, I made my position on PPP loans very clear, nothing to do with Trump.  It was very simple, the government should be responsible for the mess it created and perpetuated for no good reason. You’re the one basing your opinion on nothing other than “Conald”.

I do find it interesting that you think folks should be forced to give the government their hard earned money (SS) and should not expect more back, I certainly wouldn’t want to deal with a bank that treated me like that.  And that you feel that way has big government written all over it because you want government to benefit from private citizen investment.

If you don’t care what I think, that’s okay, don’t respond.

Simply read and learn.

[LumRaiderFan]

56 minutes ago, Boyz N Da Hood said:

It's ok man, everything you vote for and defend does NOT spell libertarian... 

At least I’m engaged enough to actually vote for and defend something, all you seem to do is sit back and criticize.

[Big girl]

22 hours ago, Reagan said:

Education Secretary stated:  "Debt doesn't go away; it gets transferred to others.  If borrowers don't pay their debts to the government , taxpayers do."

@Big girl        What say you?!

The only way taxpayers would be responsible is if Biden would've forgiven 10,000 for everyone; otherwise the taxpayers are not liable. Besides, college graduates on average make more than regular people so they are paying more taxes anyway.

[Big girl]

56 minutes ago, LumRaiderFan said:

No, I made my position on PPP loans very clear, nothing to do with Trump.  It was very simple, the government should be responsible for the mess it created and perpetuated for no good reason. You’re the one basing your opinion on nothing other than “Conald”.

I do find it interesting that you think folks should be forced to give the government their hard earned money (SS) and should not expect more back, I certainly wouldn’t want to deal with a bank that treated me like that.  And that you feel that way has big government written all over it because you want government to benefit from private citizen investment.

If you don’t care what I think, that’s okay, don’t respond.

Simply read and learn.

So, are you ok with Trump's daughter paying 0 dollars even though she is a millionaire, and could've easily paid it back.

[LumRaiderFan]

2 minutes ago, Big girl said:

So, are you ok with Trump's daughter paying 0 dollars even though she is a millionaire?

Any employer that used the money to stay afloat while the government unnecessarily kept them shut down I’m okay with.  If there was fraud, go after them, and being a millionaire has nothing to do with it.

[Big girl]

1 minute ago, LumRaiderFan said:

Any employer that used the money to stay afloat while the government unnecessarily kept them shut down I’m okay with.  If there was fraud, go after them, and being a millionaire has nothing to do with it.

Wow. Why couldn't she use her own money to stay afloat. What business does she have?

[LumRaiderFan]

4 minutes ago, Big girl said:

Wow. Why couldn't she use her own money to stay afloat. What business does she have?

Have no idea, you brought it up, you explain it.

Not doing your research, and I find it funny that you are complaining about someone taking money from the government they didn’t deserve.

[mat]

14 minutes ago, Big girl said:

So, are you ok with Trump's daughter paying 0 dollars even though she is a millionaire?

Can you provide a link?

[baddog]

2 minutes ago, LumRaiderFan said:

Have no idea, you brought it up, you explain it.

Not doing your research, and I find it funny that you are complaining about someone taking money from the government they didn’t deserve.

It’s the way liberals operate. It doesn’t matter if millions of people rip off the government (taxpayers) as long as they can  attempt to hang ONE on Trump, then there is justification……in their minds only.