Biden Cancels $1.3 Billion Of Student Loans — His Plan For Student Loan Cancellation Is Becoming Cle

Well I disagree -- IMO Biden providing $10K or $20K is in student loan relief is very poor government policy and a slap to the face of the many parents & students who saved their own money -- forgoing other things like vacations & new cars -- in order to go to college without loans. In other words -- this student loan relief plan is a kick to the ass of financially responsible people.

I would support proposals to make 2 year public community colleges tuition free (funded by the federal government) and even grants for 4 year programs which helped the public need (e.g. teachers) --- but Biden's student loan relief is a complete mess on top of being a giveaway to many people who don't need the relief (even though everyone likes free money).

if (and only if) as I have not cared to read this drop in the bucket that is our wasteful spending (insert defense and corp giveaways) the program is as you say and does not grant relief to cc and vocational programs, it should be modified to subsidize future cc and vocational attendees until brought on par w/monetary distribution.
 
if (and only if) as I have not cared to read this drop in the bucket that is our wasteful spending (insert defense and corp giveaways) the program is as you say and does not grant relief to cc and vocational programs, it should be modified to subsidize future cc and vocational attendees until brought on par w/monetary distribution.

You better start applauding the defense spending of our government --- otherwise you would be speaking Russian
 
But hypothetical studies that claim the poor minorities dont benefit really is just political messaging from biased studies. There is no way to know who this will benefit simply because it covers people with loans just entered into as well as people sitting on loans 8 - 10 years as well as loans of $100,00 and loans of $20,000 etc...

Are you saying the Brookings or University of Chicago studies are biased? Why don't you contact these institutions and let them know this.
 
Biden's and the Democratic party's proposal was well-known at this time in 2021. A study which looks at the distribution and impact of various levels student loan relief is very pertinent and meaningful.


The large economic study contains present value analysis of loan forgiveness agaisnt future earning in page after page of hypothetical economic bullshit. Sorry but economists create theories on hypotheses and use presnt value determinations to come up with some number for comparison. It is not realistic at all and even in the study they claimed richer people will pay off loans more quickly and have a larger benefit to getting $10k wiped off than a poor person.

A richer person in 8 years will have maybe $15k left in student loans while a poor person might have $30k in student loans so taking $10,000 off of each who gets the bigger relative benefit? That is how economics creates bullshit theories based on these kind of scenerios.

The point of the action was to give people $10k chop to their loans. It does matter if someone who does not need it but still qualifies takes it, that does not make it discriminatory to poor minorities. Funny how it does not imagine poor whites having the same problems.

The study is one assumption after another and I read only 10 pages....
 
clowns are gonna clown

You should really start cheering for Russia in the Ukraine if you don't support the U.S. Defense Industry. Of course this will quickly be followed by you cheering on Russia taking the rest of Europe -- followed by the need for you to take Russian lessons.

The first and primary purpose of a national government is a national defense -- everything else comes after that.
 
Are you saying the Brookings or University of Chicago studies are biased? Why don't you contact these institutions and let them know this.


a think tank produces diarhhea based on who is funding the think tank..... tale as old as time...

U of C has been known as conservative since I ever heard of them.
 
The University of Chicago is now a think-tank?


U of Chicago is extremely conservative... has been for decades..hates government spending and interference.

Where does U of Chi produce studies from.... FUNDING.....

you would hate to see how unviersities work with respect to research.
 
a think tank produces diarhhea based on who is funding the think tank..... tale as old as time...

U of C has been known as conservative since I ever heard of them.

Just keep in mind that this means that any think-tank or article referencing a think-tank you include in your future posts now as evidence of your assertions is now automatically considered to be disreputable and not a valid source -- based on your own assertions here.
 
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