The Biden administration is preparing to announce another attempt at widespread student loan forgiveness ahead of the election after the Supreme Court struck down its first.
I am against student loan repayments. A plumber should not be paying for your gender studies degree.
That’s not your money anymore. It’s the government’s.
The government should be better stewards of the money they’ve confiscated from their citizens.
While the loan companies took advantage of students by charging high interest rates on loans that must be paid back. It’s not the government’s job to reward the loan companies by paying the loans or the students who accepted those terms.
I dont think you know what confiscated means, taking something from someone against their will illegally is called theft, taking something from someone legally is called confiscation.
It’s not Biden’s role to determine this either, the courts have all ready told him what he’s doing is illegal.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
So you’ve proven you don’t know what confiscation is, twice. More than the government can confiscate, it doesn’t have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn’t change that their gold was confiscated.
There is no student loan forgiveness law or even a bill, so I don’t need to contact my congressmen. It’s just one man who is breaking the law with his edicts.
the irresponsible parties were the lenders who should not have lent this money in the first place those who couldn’t pay for it. The risk was theirs to take, not the ill-informed people they took advantage of.
The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn’t get rid of the debt. Signing things you don’t understand is irresponsible, expecting others to pay your debt is irresponsible.
Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?
gave you the legal definition of confiscate. You whining about that doesn’t change the facts.
Except when you claimed it couldn’t be confiscation because it was legal.
And I explained how the student loans would be paid back. You whining about that doesn’t change that either.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.
You seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
I borrowed $40k for my education. Over 20 years I repaid $75k. Had the repayment plan Biden tried to do in 2021 not been shot down by the Supreme Court, I would have had $20k knocked off my balance, which means I would have still repaid a lot more than I had borrowed.
Why should the government be making money by charging interest on student loans? Plumbers wouldn’t have paid for the repayment, instead it would have been my interest payments paying for it. And the plumber would still be getting an extra $15k out of me in excessive payments that I’ve had to make.
How about you pay for your kid and stock getting that tax credit? How about we stop subsidizing your gas to get to the job? You have a really dumb argument against helping people.
It’s easy to obtain. You get good grades, you go to school, you get a degree and you pay the bill.
The issue is many people go and don’t really need a degree because they’re told it’s the path to success. Most jobs don’t require degrees. So why get one to work at Starbucks?
We need to change the idea that you need a degree.
It shouldn’t be free. Sweden provides it to people but they also come out with as much student debt as an American.
What we need is to stop expecting degrees for every job.
Society needs doctors, teachers, engineers, and other jobs requiring degrees. We all benefit from their education. Why shouldn’t you pay for something you benefit from?
And yes, we can spend our way out of debt by investing in things that return more money than they cost us, like hiring more IRS agents to enforce existing tax laws or getting people better educational so they pay more in taxes from their higher paying jobs.
My reasoning is solid. You have the typical left issue where you think your opinion is a fact and new ideas scare you.
Luckily I don’t practice much anymore. The pay wasn’t worth the BS. So I moved into sales. I use the same skills but Make a lot more money and work a lot less. I also do research on the side. That’s why I picked up a dsci since an Md isn’t normally research focused.
“New ideas scare you” is hilarious since the definition of conservative is disliking new ideas or ways of doing things.
Anyway, case in point: why can someone with a med degree pay off their loans and not people in other professions like teaching? Because the salaries are lower relative to cost of education and there is not much money left over after living expenses. Wow, that was hard to figure out.
Because the country desperately needs more doctors and paying for their education is a huge incentive for people to go into the field. Not everyone is fortunate enough to be able to afford to go to school for 8-10 years. Lack of ability should be the only thing barring a prospective doctor, not the fact that they don’t have a family wealthy enough to support them through their education.
Umm. That’s not his medical school works. We have a limited number of slots. It’s a supply vs demand issue.
It’s not like we are sitting around with billets not being used. Medical schools turn away a large amount of people who apply due to space.
Then you have residency. We have a shortage of spots in the residency programs. So even if you graduate medical school, you may not get selected for residency.
Without residency, your job options are very limited.
You are completely missing that we are not just talking about doctors. That’s just an example. We also need nurses, teachers, engineers, and all sorts of other jobs requiring advanced degrees. (Part of the reason med school is limited is there aren’t enough people to teach it. The demand is there, the supply can’t keep up).
Bullshit. Doctors aren’t going to let people die from lack of care just to make more money. They are one of the few jobs where ethics are essential.
But you don’t really care about any real discussion do you? You just don’t like the idea that someone else might get something for free that you didn’t. It’s that kind of attitude that holds civilization back.
The government pays for all kinds of things you don’t use with your taxes. You pay for roads you don’t drive on. You pay for fires to be put out at other people’s homes. You pay for the education of children that aren’t yours. Fucking get over it.
You just don’t like the idea that someone else might get something for free that you didn’t
No I don’t like paying more taxes for something that doesn’t add value. If your degree can’t pay you enough to pay your loans, maybe you don’t have a good degree.
Personal responsibility is important. College isn’t necessary. Many good jobs don’t require a degree.
How about you pay for your student loans and I pay for mine? We have a spending problem in this country. We can’t spend our way out of debt.
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The government should be better stewards of the money they’ve confiscated from their citizens.
While the loan companies took advantage of students by charging high interest rates on loans that must be paid back. It’s not the government’s job to reward the loan companies by paying the loans or the students who accepted those terms.
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I dont think you know what confiscated means, taking something from someone against their will illegally is called theft, taking something from someone legally is called confiscation.
It’s not Biden’s role to determine this either, the courts have all ready told him what he’s doing is illegal.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
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So you’ve proven you don’t know what confiscation is, twice. More than the government can confiscate, it doesn’t have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn’t change that their gold was confiscated.
There is no student loan forgiveness law or even a bill, so I don’t need to contact my congressmen. It’s just one man who is breaking the law with his edicts.
The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn’t get rid of the debt. Signing things you don’t understand is irresponsible, expecting others to pay your debt is irresponsible.
Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?
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Except when you claimed it couldn’t be confiscation because it was legal.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
You seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
I upvoted your comment until I read your last sentence. Next time try skipping that part.
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Considering the rich pay the most taxes. Why shouldn’t they get a cut?
The rich do pay their fair share as I’ve cited many times. I talk about spending cuts all the time.
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As measured of their total income. I’d like to see a cite otherwise. 50% of tax payers don’t even pay taxes. The top 5% pays around 90%
I’ve cited numerous times on here. I can cite again if you really think everyone else is paying more taxes.
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Easy enough.
https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/#:~:text=High-Income Taxpayers Paid the Majority of Federal Income Taxes,of all federal income taxes.
High-Income Taxpayers Paid the Majority of Federal Income Taxes
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That’s a reputable source.
I borrowed $40k for my education. Over 20 years I repaid $75k. Had the repayment plan Biden tried to do in 2021 not been shot down by the Supreme Court, I would have had $20k knocked off my balance, which means I would have still repaid a lot more than I had borrowed.
Why should the government be making money by charging interest on student loans? Plumbers wouldn’t have paid for the repayment, instead it would have been my interest payments paying for it. And the plumber would still be getting an extra $15k out of me in excessive payments that I’ve had to make.
How TF did $40k turn into $75k?
I agree. The government shouldn’t be issuing student loans. Private banks can handle that function and allow people to BK on them.
How about you pay for your kid and stock getting that tax credit? How about we stop subsidizing your gas to get to the job? You have a really dumb argument against helping people.
I pay for my kid.
I’m fine end gas subsidizes. I say we should end them all the time. Gas will double in price and it will be a Minor issue to me
My argument is logical. The law doesn’t allow it. It that’s simple.
So we should remove all tax credits then? That’s what you’re saying? Another quick question, did you take money during covid? Did your business?
I don’t receive any tax credits. Those are focused on the poor.
No I did not take or receive any money from the government due to Covid. Most of that was geared towards the poor and I am not poor.
Well then bully for you. But I think it’s important that we make education easier for folks to obtain.
It’s easy to obtain. You get good grades, you go to school, you get a degree and you pay the bill.
The issue is many people go and don’t really need a degree because they’re told it’s the path to success. Most jobs don’t require degrees. So why get one to work at Starbucks?
We need to change the idea that you need a degree.
Well no, we need to make secondary education free really.
It shouldn’t be free. Sweden provides it to people but they also come out with as much student debt as an American. What we need is to stop expecting degrees for every job.
Society needs doctors, teachers, engineers, and other jobs requiring degrees. We all benefit from their education. Why shouldn’t you pay for something you benefit from?
And yes, we can spend our way out of debt by investing in things that return more money than they cost us, like hiring more IRS agents to enforce existing tax laws or getting people better educational so they pay more in taxes from their higher paying jobs.
I paid for my own medical school. Why shouldn’t everyone else?
Jesus Christ, if that’s true, I hope your medical deduction and reasoning is a hell of a lot better than what you exhibit here.
My reasoning is solid. You have the typical left issue where you think your opinion is a fact and new ideas scare you. Luckily I don’t practice much anymore. The pay wasn’t worth the BS. So I moved into sales. I use the same skills but Make a lot more money and work a lot less. I also do research on the side. That’s why I picked up a dsci since an Md isn’t normally research focused.
“New ideas scare you” is hilarious since the definition of conservative is disliking new ideas or ways of doing things.
Anyway, case in point: why can someone with a med degree pay off their loans and not people in other professions like teaching? Because the salaries are lower relative to cost of education and there is not much money left over after living expenses. Wow, that was hard to figure out.
There are grants for teachers. Yes, the job pays less but it doesn’t require that much education.
https://www.ed.gov/news/press-releases/department-education-implements-teach-grant-program-changes-benefit-teachers-and-students
Because the country desperately needs more doctors and paying for their education is a huge incentive for people to go into the field. Not everyone is fortunate enough to be able to afford to go to school for 8-10 years. Lack of ability should be the only thing barring a prospective doctor, not the fact that they don’t have a family wealthy enough to support them through their education.
Umm. That’s not his medical school works. We have a limited number of slots. It’s a supply vs demand issue.
It’s not like we are sitting around with billets not being used. Medical schools turn away a large amount of people who apply due to space.
Then you have residency. We have a shortage of spots in the residency programs. So even if you graduate medical school, you may not get selected for residency.
Without residency, your job options are very limited.
You are completely missing that we are not just talking about doctors. That’s just an example. We also need nurses, teachers, engineers, and all sorts of other jobs requiring advanced degrees. (Part of the reason med school is limited is there aren’t enough people to teach it. The demand is there, the supply can’t keep up).
That’s the example you brought up.
That isn’t an issue. The issue is medical groups push to limit supply. It’s keep the salaries high.
They all fall under the same thing. Just pay your own school
Bullshit. Doctors aren’t going to let people die from lack of care just to make more money. They are one of the few jobs where ethics are essential.
But you don’t really care about any real discussion do you? You just don’t like the idea that someone else might get something for free that you didn’t. It’s that kind of attitude that holds civilization back.
The government pays for all kinds of things you don’t use with your taxes. You pay for roads you don’t drive on. You pay for fires to be put out at other people’s homes. You pay for the education of children that aren’t yours. Fucking get over it.
https://www.medicaleconomics.com/view/match-day-2023-a-reminder-of-the-real-cause-of-the-physician-shortage-not-enough-residency-positions
https://www.aamc.org/news/medical-school-enrollments-grow-residency-slots-haven-t-kept-pace
No I don’t like paying more taxes for something that doesn’t add value. If your degree can’t pay you enough to pay your loans, maybe you don’t have a good degree.
Personal responsibility is important. College isn’t necessary. Many good jobs don’t require a degree.