[John Mayes]

Originally Posted by dewilson58

Maybe.

Will go thru courts first.

It’ll be struck down by the USSC. The president doesn’t have the authority to retire any of the debt.

[MartinSE]

Originally Posted by Lindaws

We have an acquaintance whose kids use there ‘loan’ for vacations. Aren’t we glad for them! (Sarcasm) just last year both Biden and Pelosie said the President
does NOT have the executive power to do this. I guess it is now ‘ what can I get away with’. Heck with our Constitution.

Do you have a degree in constitutional law?

Neither does Pelosi. I don't seem to be able to find Biden saying the president does not have the power, but Pelosi did. I am positive Biden does not have degree in constitutional law. But, as President he has a large staff that he asks "can I do" and "how do I do" things. Wanna bet HIS constitutional lawyer told him how to do it?

And yeah, lets just jump to "what can he GET AWAY WITH"

I am facing a permanent ban, but so be it. Since you and others started this. It does seem that conservatives can say whatever they want, and let a liberal (me) challenge it and bam, ban.

But, after 5 years of Trumps doing things that were unconstitutional and immoral, you have the nerve to come on here and talk about Biden. After 20 proven lies per day for 5 years (30,000 lies) you all have the nerve to come on here and complain about a few lies since he was elected. With Trumps constant stream of malapropisms you have the nerve to come on here and complain about a single gaff (vaccine prevents COVID). And, after tenon investigations BY REPUBLICANs into Hillary, you have the nerve to support a president that stole 30 boxes of WH documents with over 300 of the classified. It irony that Trump is likely to be put in jail based on a law HE signed into law to "protect" classified documents is fitting.

So, that I expect to be my final post, I have a few points all ready, and to be honest I am sick and tired of the hypocrisy here, and the people that constantly put out one and two liner quotes from FOX, OAN and NewsMax. (You remember FOX the station being sued for billions of dollars for lying. The station where the talking heads own lawyers say no intelligent person would believe anything they say - yeah, those people.)

[jammaiora]

Originally Posted by Tvflguy

Back in my school/college days, I worked part time to pay for much of my higher education. And a loan in order to get by. It was tough but I persevered as many here in TV probably attest.

But if I would have waited to legally pay back my college loan, $10,000 would have now been paid back by the gvt. And taxpayers.

I’m such a fool. Always thought that it was the responsible thing to do. And gain personal satisfaction.

Nope. Now simply wait it out and let taxpayers pay some of it for you. Darn it.

Stop whining! Back in your day, college tuition wasn't anything like it has been in the last 20 years. Give the younger generation a break. Most will not be able to buy a house like you did, or live comfortably like you do. So cut them some slack. Better our tax dollars go to help our citizens, than to increase our already over bloated military budget or support another war!

[golfing eagles]

Originally Posted by MartinSE

Do you have a degree in constitutional law?

Neither does Pelosi. I don't seem to be able to find Biden saying the president does not have the power, but Pelosi did. I am positive Biden does not have degree in constitutional law. But, as President he has a large staff that he asks "can I do" and "how do I do" things. Wanna bet HIS constitutional lawyer told him how to do it?

And yeah, lets just jump to "what can he GET AWAY WITH"

I am facing a permanent ban, but so be it. Since you and others started this. It does seem that conservatives can say whatever they want, and let a liberal (me) challenge it and bam, ban.

But, after 5 years of Trumps doing things that were unconstitutional and immoral, you have the nerve to come on here and talk about Biden. After 20 proven lies per day for 5 years (30,000 lies) you all have the nerve to come on here and complain about a few lies since he was elected. With Trumps constant stream of malapropisms you have the nerve to come on here and complain about a single gaff (vaccine prevents COVID). And, after tenon investigations BY REPUBLICANs into Hillary, you have the nerve to support a president that stole 30 boxes of WH documents with over 300 of the classified. It irony that Trump is likely to be put in jail based on a law HE signed into law to "protect" classified documents is fitting.

So, that I expect to be my final post, I have a few points all ready, and to be honest I am sick and tired of the hypocrisy here, and the people that constantly put out one and two liner quotes from FOX, OAN and NewsMax. (You remember FOX the station being sued for billions of dollars for lying. The station where the talking heads own lawyers say no intelligent person would believe anything they say - yeah, those people.)

Probably not, however, look at the bright side:

Today's DS headline was that the Euro has now fallen below par with the dollar. This means all those who prefer European style socialist crap holes will have more spending power due to the increased value of their "greedy predatory capitalist" dollars

[Caymus]

Originally Posted by jammaiora

Better our tax dollars go to help our citizens, than to increase our already over bloated military budget or support another war!

Does that include the military aid to Ukraine?

[retiredguy123]

Originally Posted by RiderOnTheStorm

Regarding the skilled trades. At a very early age I needed to work to help support my parents and siblings. I became a plumber's apprentice and after five years took a huge leap of faith and formed my own commercial plumbing business. On the side I purchased and renovated rundown homes which I then leased out. First one, then two, then four, then eight, etc. Eventually hired other tradespeople to help with the renovations. After 35+ years I now own 996 apartments and enjoy a high seven-figure annual income. All it took has a plan, a committed spouse and a lot of hard work; no college degree. College is definitely NOT for everyone.

I agree that college is not for everyone, but you became successful as a businessperson, not as a plumber. A lot of master plumbers are great at plumbing work, but they are never able to run a successful business where they need to hire and manage other employees.

[golfing eagles]

Originally Posted by retiredguy123

I agree that college is not for everyone, but you became successful as a businessperson, not as a plumber. A lot of master plumbers are great at plumbing work, but they are never able to run a successful business where they need to hire and manage other employees.

AKA "The Peter Principal"

[Number 10 GI]

Originally Posted by MartinSE

Okay, so your answer is screw the 43 million Americans that have student loans?

And what do you think, will 43 million students defaulting on $2 Trillion dollars of government insured loans have any impact on the countries economy? That'll teach'em. Yeah. Right.

I agree it sucks we are here. But, what is the solution, or is it like everything else complained about here, no solution just complaints.

Those who took out student loans screwed themselves. As I said, no one held a gun to their heads and forced them to take student loans. Also no one forced them to choose a field that isn't hiring anyone.

You can't default on a student loan, the majority of loans have to be paid back. Bankruptcy does not allow student loans to be wiped out in most cases.

My friend's granddaughter finished her Masters degree with zero student loan debt just this year, 2022, not 40 years ago. It can be done!

[rsmurano]

The millennials make up the dumbest generation in history. Even our generation was smarter when we were smoking pot all the time.
Not everybody needs an Ivy League education nor do they need a 4 year degree from a community college. I know people that went to expensive universities that majored in bogus degrees where they would never be able to repay their student loans back with their future income. Trade schools can be a perfect solution for many people.
IMO, if you take out a student loan at an expensive university and you don’t apply yourself in life or have a social study degree and won’t be able to pay off your student loans, that’s not my responsibility to pay it back, that’s the students. Lawyers/doctors/sports athletes should be able to repay their student loans with no problem

[retiredguy123]

Originally Posted by cphague

1 - As a result of this, many universities are talking students into useless degrees that do not pay enough to both live and make their student loan payments at the same time.
2 - The government guaranteed the student loans, so universities saw dollar signs and went on a hiring binge so many have more administrative staff than teachers. All on the backs of students getting loans that they knew would not be defaulted on.
3 - To maintain the gravy train, students were talked into going to college instead of a vocational or technical school where many would have thrived.

I don't like loan forgiveness, but this is not a good situation. Predatory lending to teenagers is a lot of what is going on.

I don't think you would have a case against the universities for predatory lending because they are not the lenders. Students borrow money either directly from the Federal Government or from a private lender who is allowed to issue a Government guaranteed loan. Obviously, the universities are going to promote their product and charge as much as they can, like any other business would. This problem is the fault of the Federal Government that allows the loans, and the students who agree to the terms of the loans.

[Aces4]

Originally Posted by retiredguy123

I agree that college is not for everyone, but you became successful as a businessperson, not as a plumber. A lot of master plumbers are great at plumbing work, but they are never able to run a successful business where they need to hire and manage other employees.

Well, that’s interesting. My spouse and I did just that, ran a successful business and hired employees without college degrees in our hands. We were probably far more successful that many of our peers. I guess we missed the indoctrination.

[Fastskiguy]

TLDR, sorry but I have to throw out some math...

I'm going with 300 billion dollars for this program...though the number might be more or less

I'm going with 120 million taxpayers in the US...plus or minus

300 billion divided by 120 million = $2500 per taxpayer

How do you feel about giving college grads $2500 out of your pocket?

Joe

[forebubba]

Originally Posted by Tvflguy

Back in my school/college days, I worked part time to pay for much of my higher education. And a loan in order to get by. It was tough but I persevered as many here in TV probably attest.

But if I would have waited to legally pay back my college loan, $10,000 would have now been paid back by the gvt. And taxpayers.

I’m such a fool. Always thought that it was the responsible thing to do. And gain personal satisfaction.

Nope. Now simply wait it out and let taxpayers pay some of it for you. Darn it.

What about these loans

Representative Vern Buchanan (R-FL) said: “Biden’s reckless, unilateral student loan giveaway is unfair to the 87 percent of Americans without student loan debt and those who played by the rules.” Buchanan had more than $2.3 million in PPP loans forgiven.

Representative Markwayne Mullin (R-OK) said: “We do not need farmers and ranchers, small business owners, and teachers in Oklahoma paying the debts of Ivy League lawyers and doctors across the U.S.” Mullin had more than $1.4 million in PPP loans forgiven.

Representative Kevin Hern (R-OK) said: “To recap, in the last two weeks, the ‘Party of the People’ has supercharged the IRS to go after working-class Americans, raised their taxes, and forced them to pay for other people's college degrees.” Hern had more than $1 million in PPP loans forgiven.

Representative Mike Kelly (R-PA) said: “Asking plumbers and carpenters to pay off the loans of Wall Street advisors and lawyers isn’t just unfair. It’s also bad policy.” Kelly had $987,237 in PPP loans forgiven.

Representative Matt Gaetz (R-FL) said: Everyone knows that in a $60 Billion+ European land war, it's always the last $3 Billion that kicks in the door….” Gaetz had $482,321 in PPP loans forgiven.

[Vermilion Villager]

Originally Posted by Tvflguy

Back in my school/college days, I worked part time to pay for much of my higher education. And a loan in order to get by. It was tough but I persevered as many here in TV probably attest.

But if I would have waited to legally pay back my college loan, $10,000 would have now been paid back by the gvt. And taxpayers.

I’m such a fool. Always thought that it was the responsible thing to do. And gain personal satisfaction.

Nope. Now simply wait it out and let taxpayers pay some of it for you. Darn it.

Anybody who starts their post with "Back in my day" should not be taken serious when it comes to current issues. How about we set your social security to what your income was "back in your day"?

[Tvflguy]

Originally Posted by Speedie

Dream on. In the 60s I could not attend college because I had to work 12 hrs a day. But i bought my first house at 22, always paid for my car loan and insurance. Raised a family that never missed a meal. Finally at ago 40 I went to college while working a full time job at night shift and paid for all the college bills. I now have a masters degree all paid for by me with hard work.
Now I am going to be taxed to pay for others that choose to sign up for big loans and never intended to pay the money back.
This is stealing money from some to pay for others that made bad choices

This post is Spot On. And Is so true. Back in those days, Entitlement was not a big thing. Nowadays our government will do and spend in order to garner votes. I love the gvt reps, when trying to answer the question “what about those who have faithfully paid their loans”? They just mumble, lie, or basically say, “that’s how it is”. Can only hope that a suit is brought and this idiotic program is suspended. Grrrr