Biden administration to cancel student loan debt for at least 40,000 borrowers. SCOTUS strikes down Biden’s student loan relief plan

[thismybgolname]

Tuition for my oldest child is 13k per semester.

Shit need to be free and my youngest need to have a credit voucher waiting.

I also need the money I paid into loans paid back to me.

 

[DC_Dude]

These are some of the changes that were discussed this week

 

[Amajorfucup]

Two things.

1. If you have student debt,. That means you went to college and are now working as a lawyer, computer engineer, financial analyst. You're making$160K. Pay off your debt.

2. You went to college and dropped out. Working now as a customer service representative, etc. You should have finished.

3. You got a shithole degree. Found out that being a theater major wasn't going to pay the bills and are now working at a bagel shop. (Yea I know someone that did that). Your failure is not my responsibility. Pay your debt.

We're paying off the loans of aome people that are making millions. Unfuckingbelievable.

No one making millions needs you to pay off their fucking student loans you fucking idiot.

And if you or anyone you're attached to went to public schools, receives medicare, medicaid, obamacare, disability, welfare, foodstamps, military benefits, or tax breaks in any form.. STFU!! All of those programs have taken far more than student loan assistance will ever be able to.

 

[Gazoo]

No one making millions needs you to pay off their fucking student loans you fucking idiot.

And if you or anyone you're attached to went to public schools, receives medicare, medicaid, obamacare, disability, welfare, foodstamps, military benefits, or tax breaks in any form.. STFU!! All of those programs have taken far more than student loan assistance will ever be able to.

Those other programs you mentioned are not loans. Student loans were asked for and given with the promise to pay them back. Millions of students pay off these loans. It's not impossible.

You might be right in that those other programs MAY (you'll need proof) have taken more money. The thing is that they weren't loans.

Other types of government loans had to be paid back. Why should student loans be the exception?

 

[TENT]

Watch black people not get their loans paid off but all the rich white/asian doctors get their shits paid off.

 

[xxxbishopxxx]

If we can give billions to Israel and other first world countries, constantly pay for military gear even the Military doesn't want, and constantly find ways for tax payers to float businesses making record profits, please explain why regular folk can't get some benefits as well.

 

[DC_Dude]

Watch black people not get their loans paid off but all the rich white/asian doctors get their shits paid off.

well I’m black and got mines discharged. Yes it’s going to help doctors and etc, but it’s going to help a lot of people out.

Remeber black woman are the largest group of individuals who are going to school and have the most debt.
As long as you have your info on point and not trying to duck the system you will get taken care of.

 

[Amajorfucup]

Those other programs you mentioned are not loans.

Those other programs are services that tax payers pay regardless if they direct benefit or not. Just like student loans.

There wont be a line item in your tax returns to specify student loan assistance or public school subsidies nor public housing allotments. You wont feel the shit either way.. so this essentially amounts to textbook hating on people who went in debt trying to better themselves. Clown shit.

 

[DC_Dude]

 

[HeathCliff]

well I’m black and got mines discharged. Yes it’s going to help doctors and etc, but it’s going to help a lot of people out.

Remeber black woman are the largest group of individuals who are going to school and have the most debt.
As long as you have your info on point and not trying to duck the system you will get taken care of.

Good for you bro. I'm happy for ya'll.

I paid off my student loans in 2018 (Thanks to the BGOL Crypto thread )

..but I ain't mad at none of ya'll who were able to benefit from the gubment.

 

[Big Tex]

If we can give billions to Israel and other first world countries, constantly pay for military gear even the Military doesn't want, and constantly find ways for tax payers to float businesses making record profits, please explain why regular folk can't get some benefits as well.

My only problem is when we pay off these loans and these people get their upper middle class lives and you come back to them and say, now we need you to pay extra to help poor people, watch how quickly they become "pick yourselves up by your bootstraps" people.

 

[Aww Skeet Skeet!]

I said it before, I'm on the fence. If you're racking up 10s of thousands of dollars in debt to get a degree in medieval history, then your ass doesn't deserve forgiveness...or my hard-earned tax dollars.

However, it's a bit more complicated than that

• Schools raising tuition YoY by absurd percentages,
• predatory private loan companies (private loans which cannot be discharged in bankruptcy) doling out money with high interest rates,
• the dept of Ed originating loans with interest rates that don't make sense (prior to the FED rate increases),
• and these mfs at these for-profit universities taking advantage as well.

I paid my shit off as fast as I could. I got lucky. And I was able to set myself up decently after school, right before the great recession. But that was my journey. I bet folks ain't been too lucky recently.

For shit to change, you need employers to change how they value a college degree.

 

[BKF]

I said it before, I'm on the fence. If you're racking up 10s of thousands of dollars in debt to get a degree in medieval history, then your ass doesn't deserve forgiveness...or my hard-earned tax dollars.

However, it's a bit more complicated than that

• Schools raising tuition YoY by absurd percentages,
• predatory private loan companies (private loans which cannot be discharged in bankruptcy) doling out money with high interest rates,
• the dept of Ed originating loans with interest rates that don't make sense (prior to the FED rate increases),
• and these mfs at these for-profit universities taking advantage as well.

I paid my shit off as fast as I could. I got lucky. And I was able to set myself up decently after school, right before the great recession. But that was my journey. I bet folks ain't been too lucky recently.

For shit to change, you need employers to change how they value a college degree.

or go to a community College while doing an internship in the field where you plan on getting a degree in. Apply for a permanent position within that company. Then take advantage of their degree program (if they have one but you should be looking for that to begin with) and finsh off your degree on them.

There are ways to get around having to pay the cost. Shit a lot of folks don't even apply for grants, etc... or they wait at the last moment for such things.

The college train doesn't look like it slowing down anytime soon and free college isn’t coming anytime soon. So people best figure some shit out other than going into deep debt.

 

[Flawless]

This would be nothing more than reparations for white people.

 

[HeathCliff]

This would be nothing more than reparations for white people.

And for black people it is what?

 

[xxxbishopxxx]

My only problem is when we pay off these loans and these people get their upper middle class lives and you come back to them and say, now we need you to pay extra to help poor people, watch how quickly they become "pick yourselves up by your bootstraps" people.

true, there will always be selfish assholes. However, they are going to have pay for shit they don't like just like everybody else.

 

[ShortyCumStain]

Those other programs are services that tax payers pay regardless if they direct benefit or not. Just like student loans.

There wont be a line item in your tax returns to specify student loan assistance or public school subsidies nor public housing allotments. You wont feel the shit either way.. so this essentially amounts to textbook hating on people who went in debt trying to better themselves. Clown shit.

Understand this: da monies earned, goals accomplished and successes obtained don't mean shit to MANY of these niggas if they ain't got nobody they can look down on or feel superior to. That's why when such topics come up da bootlickers are up in arms. They don't really want equality, they want da ability to oppress others. Those others primarily being their own kind.

 

[Flawless]

And for black people it is what?

Far more whites would benefit.

 

[HeathCliff]

Far more whites would benefit.

There are 42M black people vice 231M white folks. Yes by the sheer numbers that's an obvious fact

But that's not what I asked you.

 

[Amajorfucup]

Understand this: da monies earned, goals accomplished and successes obtained don't mean shit to MANY of these niggas if they ain't got nobody they can look down on or feel superior to. That's why when such topics come up da bootlickers are up in arms. They don't really want equality, they want da ability to oppress others. Those others primarily being their own kind.

 

[DC_Dude]

Student loans, the racial wealth divide, and why we need full student debt cancellation | Brookings

Anti-Black polices across multiple sectors have diminished wealth-building opportunities that accelerate economic and social mobility. To ignore wealth disparities in the search for solutions to the student debt crisis is to turn a blind eye to the systemic racism that created the crisis itself.

www.brookings.edu

 

[DC_Dude]

Student loan debt has a lasting effect on Black borrowers, despite the latest freeze in payments

Without permanent relief, many Americans are stuck with thousands of dollars of debt, hindering their abilities to plan for the future and invest in assets that would help grow intergenerational wealth.

www.pbs.org

 

[DC_Dude]

Student Debt: The Unique Circumstances of African American Students - Race and Ethnicity in Higher Education

Discussions of student debt frequently treat borrowing for college as a general problem. As a result, they pay inadequate attention to the sharp differences in borrowing and repayment patterns across demographic groups.

www.equityinhighered.org

 

[DC_Dude]

I was apart and interviewed for this project

Jim Crow Debt

Student debt has been a crisis for years, and the pandemic has only exacerbated matters for many borrowers. This is especially true for Black borrowers, who are among those most negatively affected by student loans.

edtrust.org

 

[Mello Mello]

Yes. Let them out. They stay bailing out banks and corporate interest.

 

[Helico-pterFunk]

The Aging Student Debtors of America

In an era of declining wages and rising debt, Americans are not aging out of their student loans—they are aging into them.

www.newyorker.com

 

[shaddyvillethug]

You niggas sound like bitches. I dont see yo ho asses in line screaming about tax money going to Ukraine and any other third world shit stop or proxy war we fund. Tax breaks for the rich and corporations.. I pay for your nappy head ass kids to go public school, you niggas and your Obama care, medicare, medicaid, paid more in ss than i could ever possibly get back.. You dont see me bitching about that or student loan forgiveness. Crab ass niggas.

Thank God DC residents didnt have the same crab ass mentality when getting our student residents reduced tuition and tuition credits nationwide. If everyone had that "i paid in excess, so make them pay too!" mindset, our children would be in a world of trouble.

Old man I pay for you to continue to live in luxury

Ss

Medicaid

disability

retirement

pensions

free senior coffees

man stfu and live these next 40 in the bed we made for you.

you on government Wi-Fi that I pay for while on the Obama phone.

u have no right

 

[Rah]

The Aging Student Debtors of America

In an era of declining wages and rising debt, Americans are not aging out of their student loans—they are aging into them.

www.newyorker.com

I read this article last week & it’s sad. These people are almost in the grave & still paying student loans.

I didn’t take out any student loans; I worked at an automobile plant on the 3rd shift & paid my tuition out of my pocket. I can’t even imagine……

 

[babygwirl18]

I read this article last week & it’s sad. These people are almost in the grave & still paying student loans.

I didn’t take out any student loans; I worked at an automobile plant on the 3rd shift & paid my tuition out of my pocket. I can’t even imagine……

Everyone has a debt that they wish were forgiven. I’m ok with them forgiving student loan debt, if they also forgive my mortgage. Deal?

 

[Amajorfucup]

Everyone has a debt that they wish were forgiven. I’m ok with them forgiving student loan debt, if they also forgive my mortgage. Deal?

You can sell your home, rent it, borrow against it, burn it down in an insurance scam, or simply walk away and have it removed as debt or credit strike in 3 to 7 years. None of that is an option with student loan debt that most took out beginning at age 18.

You guys really need to stop saying stupid shit before someone believes that you're stupid.

 

[babygwirl18]

You can sell your home, rent it, borrow against it, burn it down in an insurance scam, or simply walk away and have it removed as debt or credit strike in 3 to 7 years. None of that is an option with student loan debt that most took out beginning at age 18.

You guys really need to stop saying stupid shit before someone believes that you're stupid.

Well you got an expensive education that I could have gotten, but decided against it because I didn’t want to be saddled with debt.

Now you want debt forgiveness? What about all the people like me (most of Black people) who decided not to take on a bunch of student debt.

Like I said, if they get rid of your debt, get rid of mine too.

 

[Amajorfucup]

Well you got an expensive education that I could have gotten

Exactly. Too expensive. Thats the point. Teenagers that couldnt even buy a beer got conned into taking out bad debt to pay for overpriced schools that guaranteed nothing in return but debt. And as you said, you could have gotten the same thing but you lacked the desire or ambition. Thats no reason to leave em hanging. Give these kids the same options you have with your shitty mortgage.

 

[Walter Panov]

There's no intelligent reason to do it. There's a benefit to graduating college that far outweighs the loans you took. And you hold that benefit for the rest of your life . However, people who really need the assistance should get it. It should be on a case by case basis. People who got scammed too. But most people who are on student loans don't need the help.

 

[A to Dah K]

If so, i want a forgiveness on my mortgage

 

[DC_Dude]