Student loan debt... I'm frustrated. (Page 1/6)
82-T/A [At Work] AUG 23, 04:36 PM
This is a copy/paste from an e-mail I sent a friend... but figured I would post my same ramble here to the Fiero Forum... it's something that frustrates me...

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Looks like it’s coming any day now…

https://www.nationalreview....r-certain-borrowers/

I have to say, I’m pretty frustrated by all of it. For decades, I’ve seen people get free stuff… and while I wouldn’t trade my life for theirs, I do wonder why it’s acceptable.

Many years ago, you guys remember me bitching about my house in XXXXXX, and the people who moved in behind me. They paid something obscene for the house back in 2007, like over $540k. I forget the numbers now, since it’s been over 15 years, but they bought the home JUST as the housing market was tanking.

I cannot express enough, these people were in absolutely no position to be buying that house. The wife was a middle-school teacher, and the husband was a trash collector. Not like, he worked for Waste Management, I mean like… he drove a truck and collected recycling from people during bulk pickup. He couldn’t even sign his name on the deed… he put like a big X and some circles.

Anyway, a hurricane hit within 6 months of them moving in. The only damage was to their screen enclosure and the fence, none of which they could afford to fix. They stopped making payments entirely after that point. Long and short, they were under foreclosure for a couple of years, and the home was a disaster. Rats living in it, the eves were rotting, it was a mess. The bank, through some Government program, FORGAVE HALF THEIR LOAN… instead of owing $540k, they ended up only owing like $280k. The bank simply forgave all of that money through some government program. All of this information used to be available on Broward Property Appraisers. They made like a couple of payments, and then went into default again… and squatted for at least another year and a half until they were finally evicted by police.

Anyway… it makes me so angry… the Government CONSTANTLY… CONSTANTLY benefits those who are irresponsible… and there’s never anything for people like you or me who make our payments on time, and try to do things right.

All the people who will get $10k of forgiveness, that’s you and me paying for it. The vast majority of them will be angry that it’s not more, and it won’t change their spending habits, they won’t become more responsible, or use the extra money to pay down more principle… it’ll go to more avocado toast, and vente Frapalapachinos w/ Quinoa from Starbucks.
MidEngineManiac AUG 23, 05:44 PM
Research the Fiat money system and what it really is.

Once you realize that banks loan NOTHING, (it simply doesn't exist) then they deserve back exactly what they loaned and not one cent more.

The whole financial system is one giant house-of-cards fraud scheme.
Wichita AUG 23, 06:02 PM
Just vote buying schemes paid for on the backs of hard working families.

The inflation alone for this gimme to capable young adults will eat up more than $10k of purchasing power.

Also, the vast majority of student debt are being held by those who majored in bigot grievance studies. So they work at Starbucks and cry about crushing student debt.

Relieve $10k in debt as to keep 80-year olds in Congress. Yeah! Money worth spending.

Upside is that these same people who have college debt will just fill the gap with consumer debt. 🤣. Leftist will never learn.
slicknick AUG 24, 08:31 AM
Meh, my nut swinging MAGA boss scammed 50k in PPP loans, righties gonna right, right!?

I paid my student loans down but I’m ok with forgiveness. However, the culture of college needs to change any they need to tighten their belts a lot. It can’t just be the loan forgiveness.

All of this seemed to shake down in the early 2000s. Seemed like every rinky dink college was a university. It was a lost cause after that.
Hudini AUG 24, 08:47 AM

quote
Originally posted by slicknick:

Meh, my nut swinging MAGA boss scammed 50k in PPP loans, righties gonna right, right!?
<snip>



What has this incredibly low class statement got to do with the rest of your argument?

I don't see the gov paying off student loans. I see the Dems buying votes.
82-T/A [At Work] AUG 24, 09:02 AM

quote
Originally posted by Hudini:

I don't see the gov paying off student loans. I see the Dems buying votes.




At some point, people need to recognize this. This is literally how socialist dictators end up in power in South and Central America. It starts with class warfare, and then a candidate promising free things, despite the fact that the country can't pay for it.
Fats AUG 24, 01:29 PM
What kind of trash person has such a low self-worth that they will continue to work for someone they believe is a scammer?

It's a workers economy. If you believe your boss is trash and scams. Be the change and stop being weak. Make some phone calls. Grow a pair.
Wichita AUG 24, 01:51 PM
My home loan identifies as a student loan.
ray b AUG 24, 01:52 PM

quote
Originally posted by Fats:

What kind of trash person has such a low self-worth that they will continue to work for someone they believe is a scammer?

It's a workers economy. If you believe your boss is trash and scams. Be the change and stop being weak. Make some phone calls. Grow a pair.



wonder the same about rump supporters here

do you just NOT hear the lying

or believe it ?
82-T/A [At Work] AUG 24, 02:03 PM

quote
Originally posted by ray b:

wonder the same about rump supporters here

do you just NOT hear the lying

or believe it ?




I quit a job I'd been in for over a decade, because I realized that I saw fraud, waste, and abuse all around me. It started to literally make me sick, and I felt like I was no longer part of something that was making a difference...

It was hard... it was really hard to quit, because I'd worked for half a decade preparing for that job... going to school full time WHILE working full time, and paying for it out of pocket... just so I would be a good candidate for that job. It was one of the hardest decisions of my life to quit... but I needed to, because I was becoming part of the problem.