a few random comments:
Yeah. I’d rather fricking not go from being able to pay my bills and MAYBE save 200 bucks a month to living paycheck to paycheck JUST TO PAY THE INTEREST on my loans thank you very much. I left college for mental health/financial/family reasons and I have 20k in loans that I’ll likely never be able to pay off. I work BERY hard to survive and I’d rather not drown right now.
So we all in agreement to band together and boycott voting in the midterms if they dont either A) Permamently set the interest rate to 0% or B) Forgive 50,000 or more? Cause that'll for sure get the Dems to do something as the demographic that mostly votes for them will just not show up for them.
Biden could wipe it all away with a stroke of a pen but will not. Good luck in 2022.
> Most of the people whining about this predicament seem to think blaming their choices on other people misleading them is a valid argument. Sorry, if you’re smart enough to get into college you should have been smart enough to understand you couldn’t afford it.
This isn't exactly a fair statement. These are often 18 year old kids that lived a life being told "Go to college, get an education, you'll be better off!" without any actual qualifiers applied to it. It's easy to look in hindsight and go "Should have known"... but when you're brought up being lied to, it's not that easy. People don't just "learn" this stuff without going through the hard lessons. Sustained conditioning throughout your life is hard to overcome.
> Not sure what to tell you. It sounds like your parents lied to you and you’ve still got remnants of those unrealistic expectations with regards to the challenges life hands all of us. Have you brought this up with them? Maybe they’ll bail you out? Mine pushed me out of the house and into the military at 17, because my grades weren’t good enough when I left HS to get into college on a scholarship. Life ain’t fair, and we’re all dealing with our issues. Start being a bit more realistic and stop blaming others for your own self-inflicted wounds would be my next piece of free advice.
I literally told you that I don't have student loans, so you can stop going full old man yelling at the clouds with me :)
It's called empathizing with others and the issues they face, as well as taking a nuanced look at why certain conditions exist. That's not the same as assessing "blame". Why so many people are obsessed with that word is beyond me, but simple thinking brings simple answers, I guess.
Some free advice for you - read the conversation you're having instead of grandstanding and thumping your chest at people.
Have a good evening.
The amount of people I've gotten into arguments with over student loans on here is insane. I love how everyone is like "you picked the wrong major/school" or "You knew what you were signing up for deal with it!" My parents paid for my college, I have no dog in this fight. I just don't understand how people are such buttholes about this. People are getting hurt by this and it seems like some people are happy to watch them drown.
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Now, I am a massive strag, but I wouldn't think much of a straight man who just prefers peepees (like carp for example). I just recoil in horror every time I see a vgina. Not even getting into uncut vs cut or size debates, the vast majority of peepees are more pleasing to the eye. And don't even get me started on female vs male genital hygiene. You know vginas bleed once a month, right? Have you ever seen pictures of a yeast infection? I guarantee it would be eye-opening. Peepeees on the other hand self-clean several times per day if you're hydrated. My uncut brethren may need to pay a little more attention to hygiene, but this is still vastly easier to do than v*ginal hygiene.
Yes yes I know "muh reproduction" now maybe I would understand this argument if you could choose the gender of your child. But the chance of spawning another icky f*male is just too high. I will stick with men going their own way with other men thank you very much.
Snapshots:
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These have to be teenagers right?
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In the UK other than adjusting for inflation, it's literally this.
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Bullshit, somebody is paying interest or a premium or something. Otherwise it's literally just risk with no reward, and nobody would ever offer the loans.
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https://gov.uk/government/organisations/student-loans-company/about
Such is life in socialist Europe
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Okay then, the tax payers are paying the premium
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This is part of why we stopped doing this in the US. It’s reverse wealth distribution because taxpayers pay for stuff that is overwhelmingly beneficial to a single, generally richer than average, individual.
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Are you r slurred? How is making education more accessible not more benefitting to the poor?
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He's a ruralcel who don't need no Marxist education to work in retail
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It doesn't matter how free you make college, rich people go to college more than poors do.
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Story time. Going to university in England is pretty good financially - you get a loan while you're there for fees + living costs, and then you only repay a small percentage if you earn above a certain threshold. It doesn't affect your credit score and it even gets written off after 30 years.
This means that people effectively get their rent paid for 3 years and don't have to worry if they never have a high-paying job afterwards. If you're poor you get a bunch of grants thrown at you too, which don't count towards the loan.
However the National Union of Students thinks that the student loan is horrible and puts out lots of scaremongering stuff that would make you believe that university is horrendously expensive.
The net result: poor people get scared and don't go to university.
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Because college graduates are overwhelmingly not poor. Loans were and still are offered to everyone but could be forgiven, so what ended up happening was every doctor declared bankruptcy after graduating and got $200k from taxpayers (from loans or subsidies) while also making $300k/yr because of that “investment” into them. Society gets nothing out of it, college is almost completely personal benefit, and if you have a lot in loans/spend a lot of time there, usually it’s because you are going to be rich as heck (lawyer, doctor, mba, etc.).
Imagine if we offered free housing maintenance but not free housing. That’s what college subsidies are.
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We kinda do, by offering tax breaks for mortgages. Rentoids BTFO yet again.
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Yeah, society really doesn't gain anything from having more doctors
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Because r-slur, poors aren't going to college since their school systems and neighborhoods are too fricked up for that to even be an option.
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I don’t see why the US doesn’t just forgive the car loans of anyone who bought a big 4x4 truck. The loans are large and typically borne by lower income people.
There’s more of a justification to do this than give away a trillion dollars to wealthier people with more job security, but imagine the gigatons of sneed you would create if suggested.
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You’re joking but auto loan debt should actually be receiving attention and isn’t because the rich people who control society don’t even know what’s going on. There are a frickton of poorcels in massive debt for shitty trucks.
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The rich use the money better so I support it
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It's probably better for society in the long run when education is as cheap as possible. If you force educated people that just entered the workforce and started making their own money to pay giant debts instead of letting them use that money to start investing into the economy you probably miss out on more taxes than you would save letting them carry their own debt. Also free education = more educated people = more r-slurs that buy stuff and thus increase the GDP.
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Implying that the schools are actually creating educated people. A lot universities just turn r-slurs into r-slurs with a $100K hole in their pocket and an annoying sense of entitlement.
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Seems like a good argument to just stop offering government backed student loans. The reason colleges have been ratcheting up tuition and fees as fast as they can is cause r-slurs will just keep taking out loans that are offered to them for however much a college asks
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Free college doesn't necessarily lead to more educated people. Just the opposite actually. If college tuition is free, the number of slots available would become more limited. Just look at EU countries like Germany for example. Also, I don't know what this meme is about college debt being crippling in the US. The average federal student loan in the US is around $36k. The average college grad is also expected to earn about $1 million more over their lifetime than a HS grad. I'm not sure how those numbers compute to the oft-cited complaint of every college grad being drowned in debt and having to eat stale bread every day.
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Taxpayers are investing that money to create a population of funkopop-lovers who will not violently revolt. Think of it as an indirect protection racket.
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I'm paying for gender studies degrees
Oh yeah, it's time to fedpost
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Instead of paying your own loan+interest, you get to pay your own loan plus every dropout loan via taxes!
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Student loans are federally backed, they are 0 risk.
If you give out a loan that Joe Biden promises someone will pay eventually, yeah you shouldn't be charging interest above inflation. That's a total grift
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The government subsidizes some American student loans. They probably do something similar.
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To be fair though 6% for federal loans is pretty predatory
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Rentoid moment
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My wife had some at 13 percent. Absolutely bonkers.
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Dang ouch. Personal loan? Personal loans are where they get you. Federal loans are usually pretty low interest.
Krayon sexually assaulted his sister.
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All parties consented to the agreement.
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When you are 18 years old and sold a lie that you will be successful if you go to college, are you really consenting?
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NOOO THE GOVERNMENT IS GROOMING ME
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I'm pretty pro "personal responsibility" in most aspects of life. That said, when a road or intersection has a ton of crashes and fatalities, we look at the design of the road itself and often change things to mitigate the damage. Student loans encompass trillions of dollars and are only getting bigger, full of more interest, and more expensive on the onset. At some point we need to look at the design of the road rather than solely blaming the individual.
The college industrial-complex gets you at 5 years old in kindergarten. I was told I would be a failure digging ditches or flipping burgers if I didn't go to college. Thankfully for me, my parents instilled a strong sense of fiscal responsibility that not even our elected representatives seem to possess.
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Yes
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Yes, usury is haram and once the caliphate has been rebuilt will be a thing of the past.
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I wonder who invented usury
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Oh no, the contract you signed into, under your own free will, expects you to uphold your end of the deal.
You have the entire worlds' knowledge at your fingertips, you can memorize the entire lore of capeshit and which week the Yeezy 2.2 kindergreys came with orange laces, but buhhhh they don't teach financial literacy in high school! so it's everybody's fault but your own that you couldn't scrap up minimum payments from the unemployment+$600 gibs you received these last two years.
I remember some autist on reddit was outright pissed because I mentioned I'm putting a 30k down payment on a new car for my wife, calling it reckless and irresponsible. At a certain point I thought he was trolling because he thought a 60k msrp for a new SUV was outrageous.
My justifications for my decision are
Finances really aren't difficult if you aren't a fricktard or have weird "I inherited Bohemian stocks from my adoptive uncle in Canada" shit
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STOP OPPRESSING ME
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Rent's due.
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And he's right. If you're not buying 2k beater cars and saving every last penny you have, you are being completely reckless with your own finances. Imagine not being able to retire at 35 and go on massive coke and hooker binges because you needed some shitty leather seats.
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ford got me good on that one -- $2,200 for leather seats and they aren't even power / cooled / massaging. Just heated, manual adjust.
I'm gonna see if I can add massage, I made it work on my Flex.
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good morning i hate poor people
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Agree. Fricking poor people are disgusting.
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Hey, don't burn him. I think that might be my man
@Hotep
He's just a little down on his luck, but he's an entrepreneur
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Thanks neighbor.
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I just hate people....
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Maybe dont waste your money on a car when you have the chance to pay off your debt
Being poor is a choice
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Exactly. My wife used the loan suspension as an opportunity to save up and pay it off.
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wife (male)
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Who the frick gets rid of a Ranger? Those are solid small trucks.
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You dont understand
Having a new brand f150 is a human right
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👏Consooming👏above👏your👏means👏is👏a👏human👏right👏.👏Sweaty👏👏👏👏👏
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If only someone could have seen that coming
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They thought this might have been the beginning of The Revolution™
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I like how he said invested in a newer vehicle when we all know that means he took on a $400-600/m payment.
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"Invested" in a depreciating asset. I'm getting a clearer picture of his financial acumen.
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Some people just deserve to be poor tbh
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Some people deserve to be sent to debtors' labor camps where they can work it off without the temptation to buy funkopops, jar openers, and priuses
this account is sponsored by Raid Shadow Legends
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Noooo the limited edition golden sneed funko pop is coming out I NEED IT
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During an all-time high for the car market as well. Poor people
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Part of the reason I don't spend my money is so I can lecture to people about how r-slurred they are for buying new cars. It's guaranteed to lose massive value in the first year.
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But they wanted it NOW, don't be so heartless.
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R-slurs using their money to buy stuff like cars is very beneficial, especially now after Corona blew the world's economic bussy out. Them beeing bad with saving money is good for you in the long run.
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“Well well well, if it isn’t the consequences of my own actions”
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I have like 35k in student loans and make well over $175k per year. I didn’t pay a single dime during the 0% interest period because I thought Joe Biden would just forgive them. I’m not a poorcel so I won’t cry if he doesn’t like all these losers. If anything I regret not making payments when it was 0% lol
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Too much time on reddit broski
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Ya I regret voting for Biden. Trump was a way better president. Biden is the worst president in American history.
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Please give three examples.
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Three examples of what?
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I'm not elaborating.
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Lol you’re the one asking
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Sure you can think that, LOL!
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Same
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what on earth pays 175k a year that you could work on
it’s super jarring to realize you’re not a high school student but still post like you do tbh
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👨🏿✈️✈️
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Wow you're one of those policepeople who pull antivax CHUDS out of flights for not wearing a mask! A true hero!
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Crash into the googleplex for me
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Skychads are hecking valid
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I know a way you could create a lot of drama
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I had the same amount and my one federal loan is only $3500 now. I didn't pay it hoping the commies would get their way, because going back to paying it was no big deal and you know you don't get it back if you paid it off during the deferment period, so I let it sit hoping it would happen. lol
I have a private loan too with a much higher interest rate but it's pay ahead and I don't have to pay anything on it for 2 years at this point. I don't want to pay that one off either because if something happens like the big C, I don't have to pay it and I can frick over someone else when I kick the bucket.
Krayon sexually assaulted his sister.
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So $176k per year? lol.
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Why do you live in boston if you can afford to commute?
this account is sponsored by Raid Shadow Legends
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Because living in Boston is great. Can get shitfaced and walk to Red Sox, bruins, Celtics games. Lots of good restaurants and things to do. Can walk everywhere. I don’t think you could pay me enough to be a surburbancel.
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Imagine thinking the guy who literally made it impossible to discharge student loan debt during bankruptcy would start forgiving student loans.
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