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@quackquack saidThe program is essentially an anti-poverty program with income limits. Your objections are to the very basis of the program, not merely to proposals to forgive part or all of existing debt under it.
The government should not pick winners and losers. Either the government should reimburse everyone's tuition or it should tell people who took loans to honor their agreement. People who pay upfront either borrow from family members or use their own hard earned money that otherwise could be used somewhere else.
Your thinly veiled desire to cherry pick who get benefits is government at its worse and everyone should find it offensive and object.
You should just be honest and say so.
The capitalist system shouldn't decide kid A is a "winner" and kid B a "loser" because kid A's parents have a lot more money than kid B's.
@AverageJoe1
You just HATE giving ANYONE ANYTHING. Typical repub response.
Zero gummint, zero taxes, let the states do their thing unencumbered by the POS federal gummint.
@no1marauder saidBecause, I don't. I love the concept of borrowing money, people get rich doing it. You have heard of OPM...Other People's Money.
If you want to abolish the student loan program, why not just say so?
So, I do not see where I or QQ have said anything to suggest that loans should not be available for paying college tuition.
So here, yet again, see another example of changing the issue of a thread. Note that you keep talking about college tuition/student loans, when the main question is, in effect, asking what other debts should qualify as being forgiven by the government. Unbelievable.
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@sonhouse saidYou may recall that I have written over the years that the US govt should support the citizens in need, about 40 Million of them. Cover their basic needs. Period. So you are wrong about AvJoe. Please quit spreading rumors!! However, States should indeed exercise their responsibilities as provided by the Constitution, which you dems and libs take exception to. Back 'at ya.
@AverageJoe1
You just HATE giving ANYONE ANYTHING. Typical repub response.
Zero gummint, zero taxes, let the states do their thing unencumbered by the POS federal gummint.
Please allow me, though, to maintain my poignant avatar.
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@no1marauder saidAgain, you respond not to QQ. Try this.....You and I need to investigate Jim Smith and Bill Jones. Jim and his parents worked hard to make money for college tuition about 7 years ago. Meanwhile Bill was the loser you are speaking of, and never saved a nickel. He borrowed his tuition, and actually spent some of it on beer. He also spent daddy's money on whatever. Have I lost you here, this is part of the issue.
The program is essentially an anti-poverty program with income limits. Your objections are to the very basis of the program, not merely to proposals to forgive part or all of existing debt under it.
You should just be honest and say so.
The capitalist system shouldn't decide kid A is a "winner" and kid B a "loser" because kid A's parents have a lot more money than kid B's.
So today, loser Bill asks the government to forgive his loan. Erase it. The govt erases it, and Jim finds out about it. Jim says, what in the hell?!?!?
Have I lost you now? What part of QQ's premise do you not get? You are sounding like the jmmmm jester guy.
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@averagejoe1 saidYou're like the guy that complains
Again, you respond not to QQ. Try this.....You and I need to investigate Jim Smith and Bill Jones. Jim and his parents worked hard to make money for college tuition about 7 years ago. Meanwhile Bill was the loser you are speaking of, and never saved a nickel. He borrowed his tuition, and actually spent some of it on beer. He also spent daddy's money on whatever. Have ...[text shortened]... lost you now? What part of QQ's premise do you not get? You are sounding like the jmmmm jester guy.
about taxpayer money going to schools
because he doesn't have any children.
@jimm619 saidI AM?!?? How so, pray tell. And could you start another thread on that, since what you just said has no bearing on this issue.
You're like the guy that complains
about taxpayer money going to schools
because he doesn't have any children.
Libs do this a lot, and your lot as well.
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@averagejoe1 saidYour question is preposterous,
I AM?!?? How so, pray tell. And could you start another thread on that, since what you just said has no bearing on this issue.
Libs do this a lot, and your lot as well.
yet you ask over, and over, and over.
ANY DEBT may be forgiven.....
through the legal process called, 'BANKRUPTCY,'
EXCEPTING for STUDENT LOANS.
What is so difficult to understand?
@jimm619 saidWhy are student loans excepted? Why are they diff than any other debt. Finally, we will get an answer.
Your question is preposterous,
yet you ask over, and over, and over.
ANY DEBT may be forgiven.....
through the legal process called, 'BANKRUPTCY,'
EXCEPTING for STUDENT LOANS.
What is so difficult to understand?
@averagejoe1 saidYou conservatives forgave $7.8 trillion in debt racked up by the former guy in 4 years.
You may recall that I have written over the years that the US govt should support the citizens in need, about 40 Million of them. Cover their basic needs. Period. So you are wrong about AvJoe. Please quit spreading rumors!! However, States should indeed exercise their responsibilities as provided by the Constitution, which you dems and libs take exception to. Back 'at ya.
Please allow me, though, to maintain my poignant avatar.
That's 4.5 times more than all student debt combined.
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@averagejoe1 saidThere is a different law regarding student loans.
Why are student loans excepted? Why are they diff than any other debt. Finally, we will get an answer.
The Banking Lobby persuaded the Federal Government
to exempt STUDENT LOANS from BANKRUPTCY PROTECTION.
President G.W. Bush, a friend to corporate interests, signed the
law that took effect, October, 17 2005.
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https://money.cnn.com/2005/10/17/pf/debt/bankruptcy_law/index.htm
https://libertystreeteconomics.newyorkfed.org/2015/02/insolvency-after-the-2005-bankruptcy-reform/
Section 523(a)(8) of the US Bankruptcy Code, at 11 U.S.C., excepts from discharge debts for “an educational benefit payment or loan made, insured, or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or nonprofit institution; or an obligation to repay funds received as an educational benefit, scholarship, or stipend; or any other educational loan that is a qualified education loan, as defined in section 221(d)(1) of the Internal Revenue Code of 1986, incurred by a debtor who is an individual” unless “excepting such debt from discharge under this paragraph would impose an undue hardship on the debtor and the debtor’s dependents”.
@wildgrass saidGermane? There is a clear question on the table.
You conservatives forgave $7.8 trillion in debt racked up by the former guy in 4 years.
That's 4.5 times more than all student debt combined.
@AverageJoe1
You seem to be saying there is no upside to helping student load debt.
So some Phd has a student loan of a quarter million and suppose he can't get hired for whatever reason, gummint don't care he isn't working, they want their money now.
What part of the idea of paying off those loans is an investment in our future is repugnant to you?
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@jimm619 saidOK. We stipulate that student loans are exempt from bankruptcy. Why is no other debt exempt from bankruptcy? Medical Bills, credit cards, anything. Why only student loans?
There is a different law regarding student loans.
The Banking Lobby persuaded the Federal Government
to exempt STUDENT LOANS from BANKRUPTCY PROTECTION.
President G.W. Bush, a friend to corporate interests, signed the
law that took effect, October, 17 2005.
``````````````````````````````````````````````````````````````````````````````````````````````````
~~~~~~~~~~~~~~ ...[text shortened]... arge under this paragraph would impose an undue hardship on the debtor and the debtor’s dependents”.
I am not being contentious here. I think it is a solid question.
Why not medical bills?
An honest answer, Marauder....you asked me that earlier? OK, an honest answer from you would be that, YES, the government should forgive all medical bills. And it is laughable that you would (probably) follow with ....".....except for people who have made enough money to pay their medical bills." Methinks the next generation would say, " Hell, I think I will not make any money, or be successful, if the govt would pay my meds....AND my tuition???"
Geez O Petey...