>LOAN FORGIVENESS FOR ME BUT NOT FOR YOUthis generation will be the most broke in history. who will buy your stocks and crypto now?
loans wouldn't be a problem if interest was paid after the principleliterally all loan-related problems are from people upset they've payed $40k and only $4k of that went towards the principle
>>62013196How about instead we tell the dumb niggers that get mad at this that the interest is paying astronauts to build a wall in space to protect them from aliens?
>>62013196How about we just ban usury (again?)
>>62013206if you can convince the libertarians that a 40% interest rate isn't doing anyone any favors then you have my support
>>62013196Would that look so much better?>I paid 200k of my 250k loan but still have to pay 200k in interest after the principal
>>62012736the high IQ move is to get on an income driven repayment scheme (RAP or IBR) and choose to manually re-certify your income (i.e., don't use your most recent tax forms) with minimum wage photoshopped pay stubs.>t-that's illegal!!! you'll get caught!!!!
>>62012736>Nooo I took out a loan and signed my name on the contract and everything why am I being expected to honor the contract that's not faaaaaiiiiirYou did it to yourselves. Now grow the fuck up and pay it back.
>>62013237The high IQ move would have been to convince the university to give you enough scholarships and fellowships that there was nothing left for you pay.
>>62013334it's state dependent. i graduated with a state university (in pennsylvania) with a 3.8 GPA in applied math. never once received a dime of scholarship aid.
>>62013196Huh? Extra payments each month should be applied to your principal amount. Mathematically, paying an extra couple hundred here and there actually make a big difference over the life of a loan. As far as total interest goes, anyway. If your bank is not applying extra money towards principal, you're getting super-jewed. Like, that's a whole other level of usury lol.
>>62013341>it's state dependent.Nope. It's very IQ dependent though. You get offered those scholarships and fellowships in high school. By the time you actually show up to university it's too late, you're already enrolled and paying your own way and they have nothing to gain by throwing money at you. They're an enticement for high IQ prospects, not a reward for studying hard.
>>62012736Car salesman hereIt won’t matter. Retards will always find a way.You can try to talk them down to more reasonable purchase (doesn’t matter to me, in fact the cheaper the vehicle usually the better the profit excepting the absolute max platinum super high rollers package).They won’t hear of it. They want their AC seats and they will go 20% interest rolling 15k to do it, and they will do it with you or find someone else.
>>62013359He's saying he wants all of each payment to go towards the principle. Which he can totally do, but that has to be written into the loan agreement. It's his failure, but that won't stop him from whining about how "unfair" it is that the contract he read and signed is now suddenly not to his particular preferences, rather than simply paying down the principle at an accelerated rate by paying more than the absolute minimum each month Because whining is free and easy and doesn't involve difficult things like adulting.
>>62013377Yeah let me just call up the Department of Education and negotiate a unique loan agreement. Some people don't have any good options. Doesn't mean we should let international bankers prey on them.
>>62013368no, it's literally dependent on how your state funds public schools. florida, for example, has a very generous and easy to get "bright stars" scholarship. pennsylvania has no such program and comparatively expensive state schools, because they chose to underfund colleges. what's the deal with kinky haired muttalo zoomers running off their big ugly gorilla lips when they haven't the slightest idea?
>>62013196This. Usury has killed mankind. We live in a parasite state and world
>>62013196Loans wouldn't be a problem if people didn't take out loans with larger monthly payments than they could afford to pay.The problem is not the system, the problem is people's financial literacy.Or lack thereof.
>>62013593>Loans wouldn't be a problem if people didn't take out loans with larger monthly payments than they could afford to pay.this argument is meaningless when you look at how quickly certain fields of study can be "disrupted." software development was almost a sure bet if you weren't retarded. within 5 years it was destroyed by a combination of outsourced indians, AI, corporations funding bootcamps, and the media attracting students. similar things have happened in law, accounting, and pharmacy. similar things are in the works for certain areas of medicine and dentistry.
>>62013206Economy slows down without usury.>heh GOODYeah except all other countries won't be slowed down and your retarded ass country will be lapped and left behind in no time. And then probably raped and conquered and erased from history. It's a doggy dog world
>>62012736i don't understand the op pic. is there a point in this screenshot? explain please
>>62013328The f35 Iran is blowing up costs 200 billion dollars
>>62013196That’s the risk premium of borrowing because too many retards default on their loans. You’re more than welcome to lend out your own money at a lower interest rate. See how long it takes before you go bankrupt
>>62013683They can't default on student loans
>>62013196>>62012736Fafsa loans shouldn'thave interest....Why do people not understand that ALL FEDERLA FUNDING COMES FROM TAXPAYERSIf you are paying a loan and paying taxes you are being taxed twice. All loans should be either tax write offs or credits lmao. The audacity of a country to create such a fucking up education system, then outsource/insource H1bs to jobs, then say "sorry goy, you gotta be taxed twice".No one would care about repayment if the system simply acknowledged double taxation is illegal and I will go tea party on your asses if it isn't fixed.
>>62013208exterminate lolbergs and trannies, they're 1%~ of the population, then fix the system without freaks and pedos.>>62013368t. has a low iq
>>62013677oh no guess we're gonna have to close at least 40 Somalian Quality Learing Centers to cover the cost.
>>62012736>making up a fake screenshot
>>62012736> affordable housing> good, stable and full time jobs> government assistance to buy a homeall things we will never see again. a generation took all these things and then pulled up the ladder.
>>62013206Quotes and rules about "usury" from ancient sources are irrelevant today because back then there were 0 regulations and every other loan taker repaid by selling one of his children (or himself) into slavery.
Half of americans make less than 60k a year.
>>62014584Your entire nation has been sold into slavery because of usury.
>>62013510It's an unsecured loan retard why the fuck would you be getting favorable terms anyways, don't like it don't take the money
>>62013206My guy
>>62015505>It's an unsecured loan meaningless observation because it's also basically impossible to discharge in bankruptcy.
>>62013229If the interest doesn't capitalize then once you pay the principle off the interest stops growing and you wouldn't get the retardation where the loan is growing every year faster than you can pay it off.
>>62012736if we siezed the means of money production and stopped paying mortgages, this demonic prison would fail in weeks
