The system is certainly flawed. That’s what needs changed. $10k is just a bandaid as they keep issuing the same kind of debt.
Dont worry about the student loan forgiveness
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The system is certainly flawed. That’s what needs changed. $10k is just a bandaid as they keep issuing the same kind of debt.
huntin24/7
Well-known member
I think a lot of the issue people have with this is the basic principle of taking out a loan and not having to follow through on repayment. I understand there have been lots of bailouts and I think most would disagree with all of them. As far as someone asking if people would take a mortgage bailout, I’m sure we all would. You’d be foolish not to take it if given the opportunity. Same with this. I paid off my student loan. My wife owes some and we’ll take advantage of it. I don’t agree with or like it, but you have to take advantage of opportunities when they come. The government has certainly spent money on worse things and given out bailouts as bad or worse. I think we all could agree on that. But I definitely have concerns with the type of precedent this sets. I hope it’s not a bailout and that’s it. I hope there are major changes in regard to financial education and counseling in regard to young people taking out these huge loans and giving them all the knowledge in the future so these issues don’t keep occurring.
noharleyyet
Well-known member
Stay thirsty...
rke
Well-known member
Best post yet on this thread.I anticipate this thread to get locked soon.I am 38, and still paying on my student loans. I was a poor student until my last three years (of 6!) where I worked full time for the University at which I was attending so that I did not have to pay tuition. I am opposed to this and frankly don’t understand how an administration can have so much power.
Call it rewarding bad behavior. Call it buying votes. Call it a redistribution, giving the haves more and the have nots less.
I think all would be correct.
Remove the specialness of student loan quasi-immunity from discharge in bankruptcy, stop the predatory BS that is fed down the throats of seniors in high school, and let the market have its way with our universities which no longer provide a bang for the buck. Those would be far more permanent and equitable ways forward in my mind.
It’s not surprising that tuition increases at a rate that lenders are willing to loan for the service. Universities should be able to charge whatever, but that doesn’t mean the lender should give someone that egregious amount of money. If students can only borrow x amount, then logically universities would not raise tuition drastically beyond what their customers can pay.
I think it’s unlikely that government will be flexible and nimble enough to loan based on risk, value, likelihood of payback etc, which is what is needed to get this under control, and is why they shouldn’t be acting as a bank.
NEWHunter
Well-known member
True, I haven’t complained about the tax breaks to the 1%, but Elon will likely pay more in taxes this year than the 31,866 HTers and HUNT TALK MAN combined.
Fire away about the subsidies
Fire away about the subsidies
noharleyyet
Well-known member
Put Kamala on the root cause....
D
Deleted member 52098
Guest
THIS ^
I've started typing about this three times, get way too heated and then stop. My favorite is that a lot of those big corps always preach about capitalism and letting the free market decide... while they are getting subsidies that a small business would die for. Subsidies are the bane of our government.
L
longbow51
Guest
Y'all let me know the final answer. I'm going to go make my green chili stew.
It's called the grift. It has worked since the 70's and we get what we get.
This country just loves con persons. Always has.
Irrelevant
Well-known member
I tried, I really did, but 12 pages after 1 day? I just can't. I made it through 7.
I think many, even the majority of active participants on here, claim to be independents or at least capable of individual thought on subjects. I have been "pro" many things offer by this administration. This isn't one. It doesn't actually help anyone in the long term. It's not teaching people to be wise with their money, to make rational, logical decisions, and it's not helping the economy.
I standby that the best way to get someone to vote R is to have a D in the charge, and vise versa. It seems no one is capable is making rational decisions that are supported but the silent (or quiet) middle majority.
I think many, even the majority of active participants on here, claim to be independents or at least capable of individual thought on subjects. I have been "pro" many things offer by this administration. This isn't one. It doesn't actually help anyone in the long term. It's not teaching people to be wise with their money, to make rational, logical decisions, and it's not helping the economy.
I standby that the best way to get someone to vote R is to have a D in the charge, and vise versa. It seems no one is capable is making rational decisions that are supported but the silent (or quiet) middle majority.
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RobertD
Well-known member
Yeah our government is just the Michael Scott "Snip Snap Snip Snap" meme but in two and four year intervals.
I'm pretty sure each major voting cycle is driven by 5-10% of voters, if even that, oscillating between two options, neither of them they really like and depending on who they dislike the least at that time.
wyoelkfan15
Well-known member
I agree with the sentiment that someone who takes out a federal backed loan should pay it off, but when in the last thirty years has our government or a politician on either side of the aisle given two chits about the national debt with any legislation that made a sizeable dent in the balance owed. I guess if we're all in collective debt regardless of what party is in office I'm okay with actual citizens getting some relief from the shared burden.
noharleyyet
Well-known member
Stolen from Ben Gondorff (Lamb)
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TwistedSage
Well-known member
If yall haven't realized what a game this all is then your the ones being fooled. Playing both ends against the middle, it's genius. Get everyone to point the finger at each there while the exclusive club leading the whole thing laughs all the way to unencumbered prosperity.
The government is going to figure out ways to f@#$ off other people's money no matter what, we've seen it over and over and over. At least this money is directly going to or relieving Americans instead if some bullshit contract vehicles they create to direct money to thier own... I signed away 4 years of my life to uncle Sam for the gi bill so that I would not have the burden of student debt knowing I wanted something more for myself but couldn't afford it at the time. That was the choice I made, wouldn't change it. Not mad at anyone going to college or getting relief. If you think this 10gs is going to turn around the lives of all the twits who blew their money/education anyways your wrong they'll still be dumb as ever blowing all thier money. This will help people trying to do the right thing as well, maybe help them get over that hump.
Not that times ever stopped changing but look, the pendulum had been swinging further each way with the last 4 presidents. Read the room, try your best to set yourself up to withstand and be ahead of the dips. Do not be surprised when the government makes some dumb ass move to put a bandaid on a horrible problem they had a hand in. Is it not predictable at this point? Does anyone here feel that they have a hard time setting themselves apart from the masses? Most of the people throwing a fit seem to be pretty proud that they have been able to do good for themselves. In the words of Bill Burr, it's a big shit sandwich and we're all taking a bite. In the words of many Soldiers out there, it's just the big green weenie, bend over... I stopped being surprised by anything the government did a long time ago.
The government is going to figure out ways to f@#$ off other people's money no matter what, we've seen it over and over and over. At least this money is directly going to or relieving Americans instead if some bullshit contract vehicles they create to direct money to thier own... I signed away 4 years of my life to uncle Sam for the gi bill so that I would not have the burden of student debt knowing I wanted something more for myself but couldn't afford it at the time. That was the choice I made, wouldn't change it. Not mad at anyone going to college or getting relief. If you think this 10gs is going to turn around the lives of all the twits who blew their money/education anyways your wrong they'll still be dumb as ever blowing all thier money. This will help people trying to do the right thing as well, maybe help them get over that hump.
Not that times ever stopped changing but look, the pendulum had been swinging further each way with the last 4 presidents. Read the room, try your best to set yourself up to withstand and be ahead of the dips. Do not be surprised when the government makes some dumb ass move to put a bandaid on a horrible problem they had a hand in. Is it not predictable at this point? Does anyone here feel that they have a hard time setting themselves apart from the masses? Most of the people throwing a fit seem to be pretty proud that they have been able to do good for themselves. In the words of Bill Burr, it's a big shit sandwich and we're all taking a bite. In the words of many Soldiers out there, it's just the big green weenie, bend over... I stopped being surprised by anything the government did a long time ago.
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