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BAM! Elizabeth Warren snaps fingers, all law school loan debt forgiven.
Poast new message in this thread
Date: April 22nd, 2019 8:50 AM Author: swashbuckling volcanic crater center https://www.nytimes.com/2019/04/22/us/politics/elizabeth-warren-student-debt.html (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123125) |
Date: April 22nd, 2019 8:53 AM Author: multi-colored at-the-ready spot Seems like a giant fuck you to everyone who was a responsible adult that
Paid off their loans or
Pursued cheaper schools or fields so as not to run up crazy debt |
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Date: April 22nd, 2019 8:55 AM Author: outnumbered queen of the night stain CR, this sort of insane logic is in the democrat's blood. Remember Obama's cash for clunkers disaster? If you bought a shitty, fuel-inefficient car, then the government would help you buy a new, better one. If you were conscientious and bought a fuel efficient car in the first instance... well, fuck you, you get nothing. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123139) |
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Date: April 22nd, 2019 8:54 AM Author: autistic locale former students of her can attest that a full refund is warranted. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123135) |
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Date: April 22nd, 2019 12:39 PM Author: mischievous gas station (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124064) |
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Date: April 22nd, 2019 1:57 PM Author: Bat Shit Crazy House OH SNAP! THAT'S SO POLITICALLY WITTY! (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124601) |
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Date: April 22nd, 2019 2:00 PM Author: lilac diverse pervert warrented* (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124622) |
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Date: April 22nd, 2019 8:56 AM Author: naked fragrant garrison jewess lol what a dumb, desperate bitch. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123140) |
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Date: April 22nd, 2019 12:39 PM Author: mischievous gas station (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124062) |
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Date: April 22nd, 2019 8:56 AM Author: ebony dysfunction Just finished paying off 100K. I’d be enraged. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123144) |
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Date: April 22nd, 2019 6:39 PM Author: pearly bespoke menage I wrote a $35k check a month ago. I've paid off like $250k. I would be furious. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126418) |
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Date: April 22nd, 2019 8:58 AM Author: curious hunting ground trailer park There’s no need for this with PAYE. They just need to cap tuition or somehow make the schools responsible for those who don’t repay. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123147) |
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Date: April 22nd, 2019 9:06 AM Author: ivory talented library hairy legs Need has got nothing to do with it (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123159) |
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Date: April 22nd, 2019 9:14 AM Author: razzle-dazzle tank gaming laptop (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123176) |
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Date: April 22nd, 2019 9:52 AM Author: soul-stirring principal's office Tfw even “radical” solutions proposed by desperate candidates do nothing to address your personal law school student loan crisis (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38123243) |
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Date: April 22nd, 2019 2:00 PM Author: wild hideous university Sad but true. I'd be happier with PAYE. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124618) |
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Date: April 22nd, 2019 12:44 PM Author: disgusting stubborn puppy codepig This is essentially a regressive tax.
Someone making 95k who gets forgiveness would be taking more home than someone making 100k who has to pay their loans back. |
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Date: April 22nd, 2019 3:42 PM Author: Aggressive Vigorous Marketing Idea yep, that is exactly how it would work in practice. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38125407) |
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Date: April 22nd, 2019 12:49 PM Author: Cerebral claret dopamine Can't wait to see earl get MAF (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124103) |
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Date: April 22nd, 2019 12:54 PM Author: swashbuckling volcanic crater center he's locked in at super low interest rates (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124131) |
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Date: April 22nd, 2019 12:55 PM Author: heady corn cake lol earl hasn't paid his fucking loans off? isn't he like 45? (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124136) |
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Date: April 22nd, 2019 5:13 PM Author: odious fuchsia hominid Why would you pay more than the minimum if you've got a ridiculously low rate? (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126002) |
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Date: April 22nd, 2019 5:18 PM Author: Lascivious national Because there's a big psychological benefit from being debt free and not having a monthly draw on your bank account. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126030) |
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Date: April 22nd, 2019 5:51 PM Author: odious fuchsia hominid I usually agree, but I pay something like $95 month on law school loans at something like 1.95% interest and don't think anything of it. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126158) |
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Date: April 22nd, 2019 12:55 PM Author: splenetic plaza striped hyena lmao I just paid off the last $25k of my debt fml 180000 (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124134) |
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Date: April 22nd, 2019 12:57 PM Author: lilac diverse pervert you of all people should know to cut and paste NYT D (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124140) |
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Date: April 22nd, 2019 12:59 PM Author: swashbuckling volcanic crater center IP law (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124163) |
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Date: April 22nd, 2019 5:13 PM Author: odious fuchsia hominid Commentary and criticism are core fair use factors
Edit: then again, not really commenting on the article as much as the subject of the article. |
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Date: April 22nd, 2019 1:03 PM Author: Indigo Circlehead 165. Good temporary solution for some grads but doesnt address the root of the problem. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124186) |
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Date: April 22nd, 2019 1:22 PM Author: Wonderful Canary Indian Lodge Telephone We're going to make indoctrination free!*
*Subsidized by income tax payers |
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Date: April 22nd, 2019 3:53 PM Author: Shaky home sex offender (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38125500) |
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Date: April 22nd, 2019 1:53 PM Author: Mustard titillating den Does she do this by executive order as head of department of education or whoever handles the loans? Not sure red state senators would be willing to fund corn syrup and student loans simultaneously (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124585) |
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Date: April 22nd, 2019 1:54 PM Author: Electric azure brunch i only support this if she does something to cut and control the tuition or make schools responsible for payment if students don't in the future (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124591) |
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Date: April 22nd, 2019 4:48 PM Author: Indigo Circlehead Cr (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38125863) |
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Date: April 22nd, 2019 2:02 PM Author: Hot water buffalo $50k cap? LOL... not going to make a dent in professional school loans. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38124632) |
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Date: April 22nd, 2019 2:09 PM Author: Aqua Buck-toothed Community Account Step-uncle's House Only MGTOW first years will get any cash. Take a Skadden Secure gap to get the extra money?
It cancels $50,000 in student loan debt for every person with household income under $100,000.
It provides substantial debt cancellation for every person with household income between $100,000 and $250,000. The $50,000 cancellation amount phases out by $1 for every $3 in income above $100,000, so, for example, a person with household income of $130,000 gets $40,000 in cancellation, while a person with household income of $160,000 gets $30,000 in cancellation.
It offers no debt cancellation to people with household income above $250,000 (the top 5%). |
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Date: April 22nd, 2019 3:54 PM Author: Shaky home sex offender yes, this is great policy incentivize failure libs have shit for brains |
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Date: April 22nd, 2019 4:42 PM Author: Aqua Buck-toothed Community Account Step-uncle's House Just realized stub year associates would make bank. One weird trick! (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38125827) |
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Date: April 22nd, 2019 7:06 PM Author: Lascivious national why should professional school loans be forgiven? aren't people in their mid 20s when they go to professional school? (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126523) |
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Date: April 22nd, 2019 5:04 PM Author: Lascivious national The median student loan debt in America is less than $20,000. For people with six figures of debt, that's Mainly graduate and professional schools, i.e. people who were 25 not 17 when they took the money out.
A much simpler and cheaper fix would be to allow bankruptcy for student loans after maybe 7-10 years of trying to pay it back, making schools responsible for defaulted loans, and hard capping the amount of loans available for tuition.
There has never been a better example of capturing the subsidy than the student loan racket. |
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Date: April 22nd, 2019 5:11 PM Author: lilac diverse pervert (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38125991) |
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Date: April 22nd, 2019 6:13 PM Author: swashbuckling volcanic crater center https://twitter.com/vanessa_abee/status/1120448104250138630?s=21 (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126266) |
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Date: April 22nd, 2019 7:10 PM Author: carmine corner coffee pot Without a fix for the root cause of this issue, this is purely a gigantic monetary donation to money lenders. Tuition costs will only continue to rise, and people will continue taking out loans to pay it. If anything, it will *encourage* additional loans and provide an incentive for schools to *increase* tuition. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126535) |
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Date: April 22nd, 2019 7:56 PM Author: clear supple candlestick maker Post-Obama, the government owns most student debt now directly. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126748) |
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Date: April 22nd, 2019 7:13 PM Author: Anal Yellow Famous Landscape Painting Theater Stage ok how do i vote for her x1000000000 (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126544) |
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Date: April 22nd, 2019 7:20 PM Author: medicated roommate chapel should just make student loans easily dischargeable in bankruptcy, much better solution (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126559) |
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Date: April 22nd, 2019 7:43 PM Author: naked fragrant garrison jewess cr no shit and she is literally a bankruptcy “professor” lmao. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126675) |
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Date: April 22nd, 2019 7:37 PM Author: ultramarine fat ankles messiness Would vote. (http://www.autoadmit.com/thread.php?thread_id=4246431&forum_id=2#38126641) |