Quote (Handcuffs @ Aug 25 2022 05:27am)

Getting 10K of my student loans forgiven is 10/10. Thanks, Biden!

Quote (addone @ Aug 27 2022 07:04am)

Enjoy paying it back with taxes but what do I know?

Quote (Sixers @ Aug 26 2022 08:46am)

https://www.nbcnews.com/politics/white-house/white-house-shines-light-republicans-are-criticizing-student-debt-canc-rcna44904

LOOOOOL white house calling out all of these dumbass Republicans for their takes on loan forgiveness. That shade is SERIOUS lmao.

https://i.imgur.com/uE8xBki.jpg

Quote (thesnipa @ Aug 26 2022 09:12am)

fuck yes lol. the parallel between PPP forgiveness and "its not fair" GOP members on loan forgiveness is the perfect storm.

Quote (YeeHaw @ Aug 27 2022 10:08am)

You guys are comparing ppp loans to student loans? Well of course you are but why?

PPP was given to businesses that were forced by the US government to close up, to keep the business up and pay employees that, again i don’t know why I have to say this, were forced by the US government to not work.

Student loans were taken voluntarily by willing participants.


In one situation the government literally forced unemployment on people, and Congress convenes to provide stimulus to those who were effected.

In another situation the executive branch just up and decided to cut money off of loans given to a good portion of their voter base.

Quote (theCrossbones @ Aug 27 2022 12:19pm)

you act like those business all used the money to help workers.. LOL
I know 3 people who run business' that got through the pandemic just fine.. and have millions sitting in their bank accounts from the gov't. PPP loan program.
You didn't have to take a PPP loan. And they were given to people who didn't even need them.. look at that long ass list of rich people getting them and not even paying them back.
If you want to be mad about "wasting tax dollar" get mad at that..
There is the reason people are comparing it, the R has as much fake outrage as the left, just different topics.

Quote (YeeHaw @ Aug 27 2022 10:24am)

They were both bullshit.

My point is you guys are comparing apples to oranges. Not only that, if this were any other topic three or four of you would jump down anybody’s throat talking about whataboutism.

Also PPP wasn’t an extremely obvious vote buyout. No shit people abused it. Just like people abuse their student loans. How many people working for the US government right now has outstanding student loans. Now how many do you think don’t make “a living wage” and cannot sacrifice a new car for a year or two and just pay them.

Y’all have zero principles. Just say anything to make bad guy bad and good guy good.

Quote (theCrossbones @ Aug 27 2022 12:35pm)

I am telling you they are comparing the ideas of wasted tax dollars.
this 10k debt relief is for poor people. MOST of the time.. I'm sure there is abuse here from lazy people however, IE if you need 10k you probably don't have a lot of cash, and it could be worse.
Example: Tom Brady getting PPP loans for a Tshirt business is moral BS.
Don't get high and might on your "principles" here, the facts don't add up in your favor.

Quote (YeeHaw @ Aug 27 2022 12:47pm)

Sorry for pointing out I actually have principles.

Okay you guys can just continue to only look at the very surface of the problem. As soon as you start digging, the differences become glaringly obvious and your point just vanishes.

Student loan “forgiveness” does absolutely nothing to address any real problems. It doesn’t incentivize universities to charge realistic tuition. It doesn’t disincentivize the loan agencies not to hand out these predatory loans. It actually does the exact opposite and makes the problem worse.

PPP loans were given to those who were directly impacted by, again holy shit, the US government forcing people to shut their businesses down. They created a (hopefully) one time problem and gave money to help alleviate the problems they created. we all knew at the time it wasn't the greatest idea to give out this money, but they did it anyways and some abused it. You act like the abuse was at a larger or even comparable scale to those who live off student loans and never planned on paying them.

Student debt is a problem which consistently worsens with government handouts. Their solution is to give another enormous handout and you all applaud.

Quote (theCrossbones @ 27 Aug 2022 19:35)

I am telling you they are comparing the ideas of wasted tax dollars.
this 10k debt relief is for poor people. MOST of the time.. I'm sure there is abuse here from lazy people however, IE if you need 10k you probably don't have a lot of cash, and it could be worse.
Example: Tom Brady getting PPP loans for a Tshirt business is moral BS.
Don't get high and might on your "principles" here, the facts don't add up in your favor.

Quote

The plan would still, according to the Wharton School of Business, offer up to 73 percent of its benefits to the top 60 percent of income earners; the vast majority of the benefits would not go to the bottom 40 percent—the actual poor and working class people progressives say student cancelation is for.

Quote (YeeHaw @ Aug 27 2022 10:47am)

Sorry for pointing out I actually have principles.

Okay you guys can just continue to only look at the very surface of the problem. As soon as you start digging, the differences become glaringly obvious and your point just vanishes.

Student loan “forgiveness” does absolutely nothing to address any real problems. It doesn’t incentivize universities to charge realistic tuition. It doesn’t disincentivize the loan agencies not to hand out these predatory loans. It actually does the exact opposite and makes the problem worse.

PPP loans were given to those who were directly impacted by, again holy shit, the US government forcing people to shut their businesses down. They created a (hopefully) one time problem and gave money to help alleviate the problems they created.

Student debt is a problem which consistently worsens with government handouts. Their solution is to give another enormous handout and you all applaud.