Re: 300 billion student loan forgiveness??
[Re: Steven 49er]
#7658732
08/26/22 04:21 PM
08/26/22 04:21 PM
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Joined: Dec 2010
Posts: 11,200 Armpit, ak
Dirt
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Armpit, ak
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The student loan forgiveness is as much a bank and colleges bailout as it is a borrower bail out. Ponder on this a bit Colleges can keep on charging whatever they want, funding won't dry up. College has gone up over 2x the rate of inflation I the last 20 years. Was funding going away because the borrowers were not paying back their loans?
Who is John Galt?
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Re: 300 billion student loan forgiveness??
[Re: Wildcatdad]
#7658747
08/26/22 04:54 PM
08/26/22 04:54 PM
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Joined: Feb 2015
Posts: 10,652 Iowa
trapdog1
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You all do realize that the federal government gives an American Opportunity credit for anyone that goes to college and qualifies. This is $2,500.00 per year for four years. It has been there for a long time and nobody is complaining. $10,000 for most college kids.
Lets talk about the child tax credit. It is $2,000.00 a year for the first 16 years of a childs life. Have three kids and you get almost $100,000.00 in tax credits for them.
Stimulus money, each adult received $3,200.00. How many sent it back? The Amish did.
It is hypocritical to complain about the government giving free handouts to someone else and taking free handouts for yourself. Wee bit of difference between congress approving that stuff (right or wrong, at least it went through the proper channels) and sniffy doing it with a stroke of his pen.
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Re: 300 billion student loan forgiveness??
[Re: Wildcatdad]
#7658766
08/26/22 05:39 PM
08/26/22 05:39 PM
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Joined: May 2019
Posts: 1,354 Saskatchewan
rvsask
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You all do realize that the federal government gives an American Opportunity credit for anyone that goes to college and qualifies. This is $2,500.00 per year for four years. It has been there for a long time and nobody is complaining. $10,000 for most college kids.
Lets talk about the child tax credit. It is $2,000.00 a year for the first 16 years of a childs life. Have three kids and you get almost $100,000.00 in tax credits for them.
Stimulus money, each adult received $3,200.00. How many sent it back? The Amish did.
It is hypocritical to complain about the government giving free handouts to someone else and taking free handouts for yourself. Well stated.
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Re: 300 billion student loan forgiveness??
[Re: Wildcatdad]
#7658815
08/26/22 07:14 PM
08/26/22 07:14 PM
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Joined: Aug 2021
Posts: 1,473 Over there.
Flicker Shad
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Over there.
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You all do realize that the federal government gives an American Opportunity credit for anyone that goes to college and qualifies. This is $2,500.00 per year for four years. It has been there for a long time and nobody is complaining. $10,000 for most college kids.
Lets talk about the child tax credit. It is $2,000.00 a year for the first 16 years of a childs life. Have three kids and you get almost $100,000.00 in tax credits for them.
Stimulus money, each adult received $3,200.00. How many sent it back? The Amish did.
It is hypocritical to complain about the government giving free handouts to someone else and taking free handouts for yourself. Do you think this would have happened if it weren't for an election coming up?
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Re: 300 billion student loan forgiveness??
[Re: Marty]
#7659081
08/27/22 07:35 AM
08/27/22 07:35 AM
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Joined: Dec 2017
Posts: 6,223 Kansas
Pawnee
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There is a big difference in taking Covid payments or PPP loans compared to student loan forgiveness. The government told you you couldn’t go to work or you had to close your business so I have no problem with people taking it. No body forced anyone to go to college. Another weak communist argument.
Everything the left touches it destroys
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Re: 300 billion student loan forgiveness??
[Re: Wildcatdad]
#7659092
08/27/22 07:49 AM
08/27/22 07:49 AM
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J Staton
Unregistered
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J Staton
Unregistered
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You all do realize that the federal government gives an American Opportunity credit for anyone that goes to college and qualifies. This is $2,500.00 per year for four years. It has been there for a long time and nobody is complaining. $10,000 for most college kids.
Lets talk about the child tax credit. It is $2,000.00 a year for the first 16 years of a childs life. Have three kids and you get almost $100,000.00 in tax credits for them.
Stimulus money, each adult received $3,200.00. How many sent it back? The Amish did.
It is hypocritical to complain about the government giving free handouts to someone else and taking free handouts for yourself. Fair enough. I had to take a loan out for a vehicle which enabled me to earn a living. If people who take a loan to go to school to further their ability to make a living get a $10,000 loan payment, where's my $10,000 payment on my car loan? As far as the $3200, .gov has been stealing my money since 1986 so I'm not going to complain when I get some of my money back. Personally though I would have preferred a permanent tax cut instead of $3200 of printed money.
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Re: 300 billion student loan forgiveness??
[Re: beeman]
#7659127
08/27/22 08:55 AM
08/27/22 08:55 AM
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Joined: Dec 2012
Posts: 6,524 Wi.
Diggerman
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Listed here are critics of the student loan forgiveness. I wonder why they weren’t critical of the PPP program. LOL You post this as no dems took the pay out. You do realize that to get the payment you had to have employees? It was given to "businesses", with employees, That couldnt work, because of govt mandated shut downs. Ssssslllllooooowwwww enogh for you?
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Re: 300 billion student loan forgiveness??
[Re: Diggerman]
#7659166
08/27/22 10:09 AM
08/27/22 10:09 AM
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Joined: Sep 2008
Posts: 35 Mn
bigdog
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Listed here are critics of the student loan forgiveness. I wonder why they weren’t critical of the PPP program. LOL You post this as no dems took the pay out. You do realize that to get the payment you had to have employees? It was given to "businesses", with employees, That couldnt work, because of govt mandated shut downs. Ssssslllllooooowwwww enogh for you? Wrong! My son puts cable in the ground. Nobody missed a day of work. Company took out over 1 million in PPP loans. You should check out all the farmers, insurance agents, etc... that didn't miss a day of work and the amount of money they received in PPP loans. It' simple to find and will make you sick.
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Re: 300 billion student loan forgiveness??
[Re: beeman]
#7659174
08/27/22 10:16 AM
08/27/22 10:16 AM
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Joined: Dec 2012
Posts: 6,524 Wi.
Diggerman
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Diggerman,
Maybe no Democrats listed because they weren’t critical of the student loan forgiveness loan program. Understand or should i go slower for you!!!!! Your post was designed in a way to make a persons think that only Republicans took the loan, maybe you didnt get the connection when you copied and pasted this from pravda. Are some of you guys just that dense or do you really not see the difference? I swear that if cnn told you all trees have green leaves you would go to your grave defending them, even when Fall rolled around.
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Re: 300 billion student loan forgiveness??
[Re: bigdog]
#7659190
08/27/22 10:33 AM
08/27/22 10:33 AM
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Joined: Dec 2021
Posts: 986 Louisiana
MattLA
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Wrong! My son puts cable in the ground. Nobody missed a day of work. Company took out over 1 million in PPP loans. You should check out all the farmers, insurance agents, etc... that didn't miss a day of work and the amount of money they received in PPP loans. It' simple to find and will make you sick.
I think you are confused about something, but it's not your fault the entire PPP has been purposely clouded. There are PPP Loans, and then there was a free $20k that from the beginning never had to be paid back, but you absolutely had to have employees. There were some PPP loans that were forgiven and never had to be paid back, but the program was poorly administrated and you could lie to gain eligibility. The entire purpose was that because COVID disrupted a lot of stuff, this was a way to keep paychecks going to the worker in order to keep money spending in the economy. It's a very weak argument to me personally to try to compare the Paycheck Protection Program(PPP) which Congress(the Legislative Branch) passed and an executive order that POTUS is trying to use COVID as the reason for the cancellation. The outrage is taxation without representation, not that it's helping other fellow citizens. POTUS does this EA knowing that it will not pass lawsuits, because of the weak and poor authority that was used to try to pass this. Republicans are going to oppose this rightfully because Congress didn't pass it, Democrats are saying "it's good it's good" knowing that they didn't have to vote on it either. Congress passed laws in 2007 that created the PSFL, and enabled the monthly payment program to go down to 0 if your income is low enough and should be the ones spearheading this, but they wont because they know how the American People feel.
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Re: 300 billion student loan forgiveness??
[Re: MattLA]
#7659246
08/27/22 11:30 AM
08/27/22 11:30 AM
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Joined: Sep 2008
Posts: 35 Mn
bigdog
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If you think I support the way this student loan forgiveness was passed or that I'm a democrat, you are confused. Also, I guess my neighbor who is a farmer, that brags about his PPP loans must be lying to me? https://www.federalpay.org/paycheck-protection-programLiterally thousands of people claiming ONE employee! If I'm wrong, I guess I'll eat crow.
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