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Biden is on fire 🔥

You’re again missing the main point and keep gaslighting like conservatives want everyone to starve and die on the streets.

This will make the problem worse, not better. Full stop.
This will help loan providers. The vast majority of borrowers will see no benefit, and when the loan providers likely raise rates to erase this reduction, the 'poor' will actually be HURT by this.

@kalimgoodman and @RayGravesGhost are happy starving borrowers as long as their politics is well-fed.
 
never doubt me.

FNC's Carlson: Student Loan Forgiveness a 'Reward' for Biden Voters

But it isn't. Most borrowers will never see a benefit from this.

Loan providers love it. @BillCutting4585 can you remind us who controls the loan providers?

Sheep live to be hoodwinked.
 
That's BS too. There are plenty of worthless silver spoon Gender Study graduates who make zero. 😂
Here is the trick, they are looking back at income from 2020 or 2021. So, say you graduated Law School in 2019 and had accepted a Clerkship with a Judge. You earned $60K to $80K in 2020. Then got hired by some big NY firm in 2021 and now make $250+. You still quailfy for Student Loan paydown.
 
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Here is the trick, they are looking back at income from 2020 or 2021. So, say you graduated Law School in 2019 and had accepted a Clerkship with a Judge. You earned $60K to $80K in 2020. Then got hired by some big NY firm in 2021 and now make $250+. You still quailfy for Student Loan paydown.
Threshold for the $20k is $125k.

A married couple making $250k per year could get a $40k check.

Liberals like Kalim want you to believe everyone getting a check is virtually homeless...which is what College is intended to prevent.
 
But it isn't. Most borrowers will never see a benefit from this.

Loan providers love it. @BillCutting4585 can you remind us who controls the loan providers?

Sheep live to be hoodwinked.

The GUB-MENT

dive-jump-obrecht-sheep-five-fence.gif
 
There's $1.73T in student loan liability in the US.

I wonder why Biden stopped at $300B??
Because even most Democrats don't like this. If they did, Congress would have put it in legislation.
This is clearly a bribe to the leftist loons, and some of them hate it because it's not enough.
Biden's clearly lost his party. Independents and RINOs left his tent eons ago.
 
Threshold for the $20k is $125k.

A married couple making $250k per year could get a $40k check.

Liberals like Kalim want you to believe everyone getting a check is virtually homeless...which is what College is intended to prevent.
BUT, that income threshold is from your 2020 or 2021 income was my point. So, Today, you could have a job that pays you $500,000 a year, but back in 2020 you only made 100,00, you get the 10K
 
You’re again missing the main point and keep gaslighting like conservatives want everyone to starve and die on the streets.

This will make the problem worse, not better. Full stop.
He usually misses the point. What I have never figured out is whether it's natural or contrived. Leaning heavily toward natural.
 
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So all you on the genius level who support this Biden plan, what is the plan so we don't need debt forgiveness 2 years, 5 years, 10 years from now. Biden has no problem going after industries he hates like big oil for profiteering but he's silent on the ridiculous cost of college way beyond inflation rates as these universities practice profiteering as they build endowments to record amounts. I hope no one is stupid enough to think the huge rise in tuition costs is commensurate with educational quality.
 
BUT, that income threshold is from your 2020 or 2021 income was my point. So, Today, you could have a job that pays you $500,000 a year, but back in 2020 you only made 100,00, you get the 10K
Oh I totally got your point, it's just hard to believe that $125k is the threshold.

It's over twice the median income for a full-time employee in the US.

The whole thing is insane.
 
So all you on the genious level who support this Biden plan, what is the plan so we don't need debt forgiveness 2 years, 5 years, 10 years from now. Biden has no problem going after industries he hates like big oil for profiteering but he's silent on the ridiculous cost of college way beyond inflation rates as these universities practice profiteering as they build endowments to record amounts. I hope no one is stupid enough to think the huge rise in tuition costs is commensurate with educational quality.
Genius was ironically misspelled. ;)
 
The slow and low IQ on this board look like Rhodes scholars compared to Raggedy Anne. She’s as dumberthan Sheila Jackson Lee, Sunnys girl Maxine Waters , and AOC combined.

THESE BIDEN WHITE HOUSE STAFFERS ARE LOW LOW IQ
Most community college flunkies are superior to her intelligence.
 
How could we forget this piece as this isn’t the first time The Groper Joe has disparaged blacks and Hispanics during his presidency.

Last February, The Groper In Chief suggested blacks and Hispanics are too stupid to figure out how to get online.

Go ahead and keep Senator Robert Byrds liberal racist legacy going.

 
Keep it up and we'll name you KalimRayRay with the long cat cut and pastes. PPE loans have ZERO to do with student loan debt, and were Wu Kung Flu driven. I'll be one to tell you I hated the PPE loan scam as well. Should have never happened. But like my wife's daughter-in-law. She told her she'd be a fool if she didn't take the student loan forgiveness. Why be a martyr when Pedo Peter is giving out free shit chips? Why let the cattle dung get all the bennies strictly based on principle? What a waste of even replying to you. I'm about done with this. You are THIS close to being classified with the Soy Cuck.
 
Keep it up and we'll name you KalimRayRay with the long cat cut and pastes. PPE loans have ZERO to do with student loan debt, and were Wu Kung Flu driven. I'll be one to tell you I hated the PPE loan scam as well. Should have never happened. But like my wife's daughter-in-law. She told her she'd be a fool if she didn't take the student loan forgiveness. Why be a martyr when Pedo Peter is giving out free shit chips? Why let the cattle dung get all the bennies strictly based on principle? What a waste of even replying to you. I'm about done with this. You are THIS close to being classified with the Soy Cuck.
It’s so bad and is getting worse.
 
But it isn't. Most borrowers will never see a benefit from this.

Loan providers love it. @BillCutting4585 can you remind us who controls the loan providers?

Sheep live to be hoodwinked.
The federal government

There is a reason why people can file bankruptcy but those student loans remain. Creditors get to write off the bad debt, the federal government will now allow it. You will pay them hell or high water.

I could be wrong but I believe it was Obama that made the law that all student loans are federally funded.
 
Wait - so because these people took advantage of a gov’t program that tried to keep businesses open after the govt shut them down they can’t complain about gov’t spending?

Correct. In most cases, to have your "loan" forgiven, all you had to do was pay your employees their salaries and don't fire/lay anyone off.
 
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