If the economy is not in recession, why does Biden need to continue pausing student loan payments? | |
Anonymous Coward User ID: 80828293 Canada 07/27/2022 02:18 PM Report Abusive Post Report Copyright Violation | |
Phennommennonn Forum Administrator 07/27/2022 02:52 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? They keep bringing this up. Biden says he'll make a decision in August. Quoting: Anonymous Coward 54469829 But they say we are not in recession. They claim 400K jobs per month. Why continue to pause loans? shhhhhhh its for votes. midterms political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end. |
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Z_Spirit User ID: 77482022 United States 07/27/2022 03:13 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Well because he got all the idiot Millenials to vote him into office by promising that he would get rid of all their student debt Then, instead he opened borders to millions of illegals pouring through He sent over 40 Billion cash and billions in weapons to Ukraine to continue instigating war And he now is saying there is no money to get rid of the student debts or help Americans in anyway it seems Z |
Astrological Insights User ID: 83504669 United States 07/27/2022 03:14 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Only problem is they'd still have hundreds of millions of gun toting people against them. Maybe Bidet will just keep pausing, eventually eliminate 10,000 dollars of loans, and that's it. Astrological Insights |
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BRIEF User ID: 79662918 United States 07/27/2022 04:30 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? They keep bringing this up. Biden says he'll make a decision in August. Quoting: Anonymous Coward 54469829 But they say we are not in recession. They claim 400K jobs per month. Why continue to pause loans? Probably have to separate the sciences from the liberal arts, because there's not a lot of job openings for basket weavers...Doctors though can pay their way... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
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442 User ID: 82335418 United States 07/27/2022 04:54 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? The fed has been buying bonds. Since July 6, 2022 the fed had been buying 380 million dollars in assets per day That's 8 billion since July 6 Now you understand why the market goes up Last Edited by 442 on 07/27/2022 04:54 PM |
Anonymous Coward User ID: 76809123 United States 07/27/2022 04:56 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Imagine how angry anyone who paid off all their loans will be. Maybe that anger will be classified as an 'element of privilege' on the way to rainbow dictatorship of dark gorilla proletariat. Quoting: Astrological Insights Only problem is they'd still have hundreds of millions of gun toting people against them. Maybe Bidet will just keep pausing, eventually eliminate 10,000 dollars of loans, and that's it. I don’t really understand why anyone would be angry. First of all, the entire country benefits from higher education. How else would we have Drs, nurses, engineers, veterinarians, scientists, etc?? So why would the government, who benefits by getting more taxes, charge ridiculous interest rates? And where does that money come from in the first place? It’s literally a bunch of ones and zeros transferred from the government to schools. It’s not even really money! I for one would be happy if they forgave student loans so that young people an stand a chance in this world. Inflation is killing them. Can’t buy a house, can’t afford rent, gas, food etc. and that is WITH a good paying job! If everyone is destitute than our entire country collapses. So is that what you want? A bunch of 30 year olds out on the streets with their young families? Talk about a selfish prick. I don’t think that it should be more than what the tuition is for a 4 year in state college or maybe just forgive all the interest that has been paid and set it at .5% for servicing. Most people are paying 5-6%, mine was 7% and I had 27k in loans and paid 47k in interest. I wouldn’t wish that crap on my worst enemy so maybe you should rethink your stance. Not everyone in the country can have a blue collar job or we wouldn’t function anymore. |
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popsawheelie User ID: 70391341 United States 07/27/2022 05:13 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Imagine how angry anyone who paid off all their loans will be. Maybe that anger will be classified as an 'element of privilege' on the way to rainbow dictatorship of dark gorilla proletariat. Quoting: Astrological Insights Only problem is they'd still have hundreds of millions of gun toting people against them. Maybe Bidet will just keep pausing, eventually eliminate 10,000 dollars of loans, and that's it. I don’t really understand why anyone would be angry. First of all, the entire country benefits from higher education. How else would we have Drs, nurses, engineers, veterinarians, scientists, etc?? So why would the government, who benefits by getting more taxes, charge ridiculous interest rates? And where does that money come from in the first place? It’s literally a bunch of ones and zeros transferred from the government to schools. It’s not even really money! I for one would be happy if they forgave student loans so that young people an stand a chance in this world. Inflation is killing them. Can’t buy a house, can’t afford rent, gas, food etc. and that is WITH a good paying job! If everyone is destitute than our entire country collapses. So is that what you want? A bunch of 30 year olds out on the streets with their young families? Talk about a selfish prick. I don’t think that it should be more than what the tuition is for a 4 year in state college or maybe just forgive all the interest that has been paid and set it at .5% for servicing. Most people are paying 5-6%, mine was 7% and I had 27k in loans and paid 47k in interest. I wouldn’t wish that crap on my worst enemy so maybe you should rethink your stance. Not everyone in the country can have a blue collar job or we wouldn’t function anymore. You need plumbers, Electricians, AC guys, how about we help them out with a quick cash infusion. I have not yet begun to defile myself The Fires of time consume all men equally. I Am Legion |
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Usually Curious 2018 User ID: 80762998 United States 07/27/2022 06:41 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? |
Weyoun User ID: 81110693 United States 07/27/2022 06:45 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Haha, no. None of our citizens have business on the Russian front. My children and grandchildren will certainly NOT feed the military/industrial complexes wars. The mafia doesn't "forgive" debt for nothing. You will pay one way or another. If not in russian front, perhaps in the next Vietnam war (Taiwan), next Iraq war, or some illegal alien robs and rapes you. |
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SafeandSound User ID: 81103575 United States 07/27/2022 06:55 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? |
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Anonymous Coward User ID: 81685847 United States 07/27/2022 07:03 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Imagine how angry anyone who paid off all their loans will be. Maybe that anger will be classified as an 'element of privilege' on the way to rainbow dictatorship of dark gorilla proletariat. Quoting: Astrological Insights Only problem is they'd still have hundreds of millions of gun toting people against them. Maybe Bidet will just keep pausing, eventually eliminate 10,000 dollars of loans, and that's it. I don’t really understand why anyone would be angry. First of all, the entire country benefits from higher education. How else would we have Drs, nurses, engineers, veterinarians, scientists, etc?? So why would the government, who benefits by getting more taxes, charge ridiculous interest rates? And where does that money come from in the first place? It’s literally a bunch of ones and zeros transferred from the government to schools. It’s not even really money! I for one would be happy if they forgave student loans so that young people an stand a chance in this world. Inflation is killing them. Can’t buy a house, can’t afford rent, gas, food etc. and that is WITH a good paying job! If everyone is destitute than our entire country collapses. So is that what you want? A bunch of 30 year olds out on the streets with their young families? Talk about a selfish prick. I don’t think that it should be more than what the tuition is for a 4 year in state college or maybe just forgive all the interest that has been paid and set it at .5% for servicing. Most people are paying 5-6%, mine was 7% and I had 27k in loans and paid 47k in interest. I wouldn’t wish that crap on my worst enemy so maybe you should rethink your stance. Not everyone in the country can have a blue collar job or we wouldn’t function anymore. Because it's inflationary. Forgiven debt causes prices to rise. |
WhereTheHellAmi? User ID: 83871001 United Kingdom 07/27/2022 07:08 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? They keep bringing this up. Biden says he'll make a decision in August. Quoting: Anonymous Coward 54469829 But they say we are not in recession. They claim 400K jobs per month. Why continue to pause loans? shhhhhhh its for votes. midterms So what at least your student loans repayments are being cleared. YouAreHere! |
Gemini Rising User ID: 80829763 United States 07/27/2022 07:30 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? The Department of Education is attempting to streamline their collections. The problem with getting payments made is in part due to the total confusion on the part of the debtors as to who is actually servicing their loan. I think the continued holds are to give them time to get their shit together. |
Anonymous Coward User ID: 79192178 Singapore 07/27/2022 07:30 PM Report Abusive Post Report Copyright Violation | Re: If the economy is not in recession, why does Biden need to continue pausing student loan payments? Because he's saving the complete loan forgiveness for November so it will be fresh in the minds of his Free Shit Army constituents. Quoting: Anonymous Coward 80828293 this Hahahahaha yep yep the left is straight up buying votes for the november election and kicking the economic impact can down the road when they loans start being repaid the people paying won't have as much discretionary income to spend keeping the economy afloat. student lone payments will be on top of energy and food expenses which just keep going up leaving them little money for anything else democrats can kill two birds with one stone by delaying repayment buy votes and keep the economy on life support for a few more months won't matter 2023 is going to kick everybody's ass vote left to get your ass kicked Hahahahahaha |