Current Events > The Supreme Court student loan forgiveness decision is tomorrow

(+) Yeah! (+)

NatsuSama posted...

We know it doesn't to purity bs types.

It doesn't matter period. Biden made a shitty, hypocritical decision that has impacted innocent people, and it's not the only one.

COVxy posted...

Businesses could just choose to not increase their prices. It's a choice they make. It's not governed by some sort of natural law like gravity, which is how people talk about it.

It's clear you don't have an understanding of basic economic theory nor the historical context. This doesn't work under a capitalist society which is the framework we are currently working with.

As someone else pointed out, the French Revolution was an example of why it doesn't work that way.

You would have to completely rework the entire government and economy. Now, maybe you're an extremist who says, "Good! Let's rework the government and economy", but that's not even on the table when it comes to the current decision over loan forgiveness. The court wouldn't have the authority to do anything even touching on that. They have to work with the framework that exists.

Under our current framework, that's why loan forgiveness is bad.

Ninjaluver posted...

It's clear you don't have an understanding of basic economic theory nor the historical context. This doesn't work under a capitalist society which is the framework we are currently working with.

As someone else pointed out, the French Revolution was an example of why it doesn't work that way.

You would have to completely rework the entire government and economy. Now, maybe you're an extremist who says, "Good! Let's rework the government and economy", but that's not even on the table when it comes to the current decision over loan forgiveness. The court wouldn't have the authority to do anything even touching on that. They have to work with the framework that exists.

Under our current framework, that's why loan forgiveness is bad.

Under our current framework, we routinely give away free money to certain sections of the population and will continue to do so.

RuneterranSnap posted...

It doesn't matter period. Biden made a shitty, hypocritical decision that has impacted innocent people, and it's not the only one.

Look at that, you didn't actually move on like you claimed you would in that fake "moving on" bravado. Lol

No one said a person making mistakes in the past means alls forgiven. However it does actually matter when pushing purity bs that this same person is the same person they were those years ago because of a foolish mistake they made. You are speaking of something nearly 3 decades ago that he isn't pushing today.

So your argument claiming he's the same is purity bs.

NatsuSama posted...

Look at that, you didn't actually move on like you claimed you would in that fake "moving on" bravado. Lol

No one said a person making mistakes in the past means alls forgiven. However it does actually matter when pushing purity bs that this same person is the same person they were those years ago because of a foolish mistake they made. You are speaking of something nearly 3 decades ago that he isn't pushing today.

So your argument claiming he's the same is purity bs.

I was instructing you to move on. You can remove yourself from the discussion or I'll remove you myself.

Ninjaluver posted...

It's clear you don't have an understanding of basic economic theory nor the historical context. This doesn't work under a capitalist society which is the framework we are currently working with.

As someone else pointed out, the French Revolution was an example of why it doesn't work that way.

You would have to completely rework the entire government and economy. Now, maybe you're an extremist who says, "Good! Let's rework the government and economy", but that's not even on the table when it comes to the current decision over loan forgiveness. The court wouldn't have the authority to do anything even touching on that. They have to work with the framework that exists.

Under our current framework, that's why loan forgiveness is bad.

I don't think you understand much about how the world works other than "truisms" you were taught in high school.

Again, people could literally just decide not to be dicks, that's always an option. Nobody is "restricted" by capitalism to be a dick.

RuneterranSnap posted...

I was instructing you to move on. You can remove yourself from the discussion or I'll remove you myself.

There was at least some plausible deniability you were serious before you made this post.....

NatsuSama posted...

We know it doesn't to purity bs types.

Your type tends to think you would have progressive beacons of today if you were born 200+ years ago.

Runes progressivism then would amount to slavery is helping black people.

RuneterranSnap posted...

I was instructing you to move on. You can remove yourself from the discussion or I'll remove you myself.

real "I studied the blade" energy here lmao

To get by the power of the purse Biden should declare debt relief a national emergency and divert funds from red states lol. Pull a wall move like trump lol

royic posted...

real "I studied the blade" energy here lmao

Nah, it's basically "stop talking before I block you" lol

twanderer posted...

Aw ahucks. Biden will have to find another way to buy the votes of 20 somethings

Didn't trump want his personal signature on stimulus checks right before the 2020 elections?

Shadow_Don posted...

Didn't trump want his personal signature on stimulus checks right before the 2020 elections?

I dont know about his signature but they did come with a letter praising him lol

Shadow_Don posted...

Didn't trump want his personal signature on stimulus checks right before the 2020 elections?

Yup lol

Ninjaluver posted...

Hopefully they make the right choice and make people pay their loans.

What a terrible take

Kyle1022 posted...

If you thought there was any chance of it passing, the fact that this is a Friday news dump tells you all you need to know about the decision

Sucks how billions get spent on crap like the military or bailing out corporations, but helping out the average joe with $10k during a pandemic is "unfair"

Ah well, maybe it will at least result in an economic crash so I can finally afford a house

I have a house and I'm still hoping the system crashes. Sick of billionaires. I work with the neediest of people and most of them are so happy to just have food and a bed while there are people who can literally buy anything they want and spend thousands a day just for fun. Makes me sick.

Calamity_Kaiju posted...

What a terrible take

I'm sure I'd feel the same way about yours.

I'm comfortable with the position of "when you borrow money from someone and agree to pay them back, you should pay them back".

Ninjaluver posted...

I'm sure I'd feel the same way about yours.

I'm comfortable with the position of "when you borrow money from someone and agree to pay them back, you should pay them back".

No, it's an objectively terrible take and if you disagree you're flat out wrong.

RuneterranSnap posted...

No, it's an objectively terrible take and if you disagree you're flat out wrong.

Lol. We already pulled out the lack of understanding what the word "objective" means card. That's always a good sign of someone with a reasonable argument.

CyricZ posted...

Dude if you're in the same building as me right now I'll get back to work if you get back to work lol.

lmao now i'm looking at your twitch trying to figure out if we've met before

What's strange to me is that so many people that are staunchly against loan forgiveness often claim to support making university free. But like, where do they think the money is coming from? In that circumstance the government is fully subsudizing universities, and it's literally the same thing at a larger scale.

Honestly, I'd be fine if they changed it so people could discharge student loan debt if they file bankruptcy like any other loan. Part of the problem is you can't, so even if your situation goes completely sideways, you still have this 1 loan weighing you down.

Ninjaluver posted...

Lol. We already pulled out the lack of understanding what the word "objective" means card. That's always a good sign of someone with a reasonable argument.

No, I used it correctly.

RuneterranSnap posted...

Nah, it's basically "stop talking before I block you" lol

Do it lol.

It's not the threat some think it is.

At best its used to get the last word in. In any case feel free to use the feature.

RuneterranSnap posted...

No, I used it correctly.

Sadly, it does not surprise me that you believe that. I believe that you genuinely believe that you used that word correctly. You're as far down the rabbit hole as the Trump supporters I know. You're just down a different hole.

I dont doubt that a lot of these types of stories are true. But if youve been paying loans for 11 years and have a larger balance than when you started, you gotta stop banging your head against the wall and come up with a new solution. The method I used when I graduated with my MBA was to immediately refinance with a private company that cut the interest rate from 7% to 3.25%. That allowed me to spend more on principal and saved me tens of thousands in interest.

https://twitter.com/Biaggi4NY/status/1674797787563847680

The obvious solution is to pretend the workers are the billionaires for an afternoon and cancel the debt.

Lol, NY Times Pitchbot is obsolete.

https://gamefaqs.gamespot.com/a/user_image/1/3/2/AADYzzAAEncU.png

https://gamefaqs.gamespot.com/a/user_image/1/3/3/AADYzzAAEncV.png

chaos_knight posted...

You can still write off your mortgage if your financial situation went astray. Student loans are the only ones you can't discharge ever.

You don't get to keep your house though if you do that. You still keep the education if you don't pay your student loans. So basically stealing

Thud posted...

You don't get to keep your house though if you do that. You still keep the education if you don't pay your student loans. So basically stealing

Do you believe education should cost money?

Ninjaluver posted...

I'm sure I'd feel the same way about yours.

I'm comfortable with the position of "when you borrow money from someone and agree to pay them back, you should pay them back".

Who is the someone? What's their first and last name? Do they have a birthday?

*sad noises*

Biden really needs to address the nation on the decision since this affects 45 million of us.

COVxy posted...

Do you believe education should cost money?

Higher education, yes. Things cost money.

Thud posted...

You don't get to keep your house though if you do that. You still keep the education if you don't pay your student loans. So basically stealing

What are your thoughts on the PPP loan forgiveness?

Republicans will probably pass something again later this year that bails out businesses when they start failing cause a lot of people can't buy things due to student loan payments resuming.

Steffenfield posted...

*sad noises*

Biden really needs to address the nation on the decision since this affects 45 million of us.

I understand the disappointment but did anyone actually borrow money for college thinking it would be forgiven someday?

Thud posted...

Higher education, yes. Things cost money.

So primary education isn't a "thing"?

Will_VIIII posted...

What are your thoughts on the PPP loan forgiveness?

Hes not American and has no idea what those were.

Patty_Fleur posted...

I understand the disappointment but did anyone actually borrow money for college thinking it would be forgiven someday?

They borrowed it knowing it was essentially a mandatory service and being preyed upon with exorbitant interest rates for something that arguably should be free.

On the topic of interest Thomas Edison once said "It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan."

This however meant he was dogged with allegations of anti-Semitism until he died and after though.

Snakethief posted...

>tells young people to go out and vote
>they do, in almost unbelievably large numbers.
>this happens anyway

way to encourage young voters duder.

I think it's better than if he hadn't tried. Make republicans actually commit to their super unpopular ideas so people know who they are.

royic posted...

I think it's better than if he hadn't tried. Make republicans actually commit to their super unpopular ideas so people know who they are.

Just don't forgive Biden for his part in this because he can absolutely push it through but won't because he's a hypocritical POS.

RuneterranSnap posted...

Just don't forgive Biden for his part in this because he can absolutely push it through but won't because he's a hypocritical POS.

If we're open to using the power of the executive to cause a full on constitutional crisis there's probably better targets than student loan debt but idk

Thud posted...

Higher education, yes. Things cost money.

Why just higher education? You do realize that public school education also costs a lot of money too, right?

We're in a country where being highly educated is a necessity for social mobility, to the extent to which it exists at all. We're in a country where misinformation campaigns have made sifting and evaluating information a necessary skill to participate in our democracy. And to the extent to which the populus doesn't have that skill, the more pliable they are to bad actors, foriegn or otherwise.

Why are you deciding to draw the line at university?

Block_that_Kick posted...

Lol, NY Times Pitchbot is obsolete.

https://gamefaqs.gamespot.com/a/user_image/1/3/2/AADYzzAAEncU.png

https://gamefaqs.gamespot.com/a/user_image/1/3/3/AADYzzAAEncV.png

I'm not saying you should commit suicide, I'm just saying your death might benefit the people you care about. No biggie.

Wtf New York Times

royic posted...

If we're open to using the power of the executive to cause a full on constitutional crisis there's probably better targets than student loan debt but idk

It doesn't even have to be executive order, he has laws giving him explicit authority.

But even if that weren't the case, this would ABSOLUTELY be a good target. Not only is it perfectly reasonable and addressing a major flaw in modern US society, but it's literally one of his primary campaign goals, he should be taking every effort he can to fulfill that.

But he won't because he doesn't actually care about the people.

https://theintercept.com/2022/08/25/student-loans-debt-reagan/
THE ORIGIN OF STUDENT DEBT: REAGAN ADVISER WARNED FREE COLLEGE WOULD CREATE A DANGEROUS EDUCATED PROLETARIAT
In 1970, Roger Freeman, who also worked for Nixon, revealed the rights motivation for coming decades of attacks on higher education.

Freemans remarks were reported the next day in the San Francisco Chronicle under the headline Professor Sees Peril in Education. According to the Chronicle article, Freeman said, We are in danger of producing an educated proletariat. Thats dynamite! We have to be selective on who we allow [to go to college].

If not, Freeman continued, we will have a large number of highly trained and unemployed people. Freeman also said taking a highly idiosyncratic perspective on the cause of fascism thats what happened in Germany. I saw it happen.

Patty_Fleur posted...

I understand the disappointment but did anyone actually borrow money for college thinking it would be forgiven someday?

I can't even log into my Mohela student loan account.

Others online are saying the same.

One poster mentioned being on hold for more than four hours by phone.

Used recover password/username and entered my birthdate and SSN.

No record of me being with them.

Worried that my loans passed and traded through 3-4 different holders during Biden's extended three year pause.

This coming October is going to be a bit of a scare.