Why should I pay back my student loans?
>>539380762if buying is not owningthem borrowing is not stealing.
>>539380762Because student loans are federally-backed, which means they are owed to taxpayers. It's a matter of honor. Defaulting on student loans doesn't fuck over banks or universities; it directly hits the federal budget.
>>539380762If you dont care about owning a home or saving for your retirement then go ahead.
>>539380998Yeah but I hate the federal government too.I pay my student loans back so they can what, zelle it to Bibi?
>NO FAIR!>TRUMP’S HITLER FOR MAKING PAY BACK MY STUDENT LOANS THAT I AGREED TO PAY!
>>539380998Sounds like some socialist communist shit to me.
>>539380762I would be in favor of forgiving student loans only if the proposal was tied to payment or equivalent tax write-off for those who already paid theirs back FIRST.
>>539381042Guess what happens when they universally come to the conclusion they'll never be able to afford a house and that retirement is fake and gay?
>>539380762>pay back kikesare you retarded?
>>539381141Why? You chose to pay them.
>>539380998jew>>539381042jew>>539381095turbo kike>>539381141goyim>>539381152society go bye-bye
>>539381141>I only support things that directly benefit meKys kike
>>539381196Why should those who upheld their obligations not get reimbursed before those who did not? What is the downside?
>>539381241To the contrary, my proposal was for the reimbursement of those who paid AND the forgiveness if those who didn't. So it seems like you are the one who only wants it one way doesn't it?
You borrowed money,you pay it back....simple as that.You get a car loan you pay it back if you don't they repo the car...That money was not a handout.
>>539381261>upheld their obligationsYoung people are obligated to pay jews in order to enter the workforce and make jews money? Shouldn’t a society want a young educated populace?
>>539381370You aren't doing a very good job of convincing meSounds like they made a bad financial decision by trusting me with a massive loan with zero collateral
>>539381370Ok boomer… time for bed… good luck to your enlisted grandchildren in iran…
>>539381370They can can always repo the degrees and resell them to H1Bs.
>>539380762No real lender would have given me 30K when I was a dumb kid with no real job, and an unclear future. Fuck them. Student debt should be included in bankruptcy at least.
>>539381448>Sounds like they made a bad financial decision by trusting me with a massive loan with zero collateralthis
>>539381229The types of people with student loans- especially those with loans in arrears, are probably the most useless demographic in a scenario where society broke down lol. >>539381400Look, I'm advocating for student loan forgiveness on the condition that people who paid get reimbursed first. How is that bad for anyone? Don't you think it would make student loan forgiveness more widely supported and more likely to be passed? I mean it's starting to seem like you aren't supporting the proposal out of spite rather than wanting things to be better for young people?
It's OK. You will be forgiven the loan if you sign up for WWIII.
>>539381358>ANDRight so its conditional based on boomers getting another tax credit seriously go fuck yourself nigger
>>539380762Strictly speaking, because you agreed to do so.There are arguments to be made about whether or not they have taken unfair advantage of you and I, personally, am largely in favor of heavily constraining the interest which can be applied to those loans and perhaps a jubilee on those who have made regular payments and met their principle loan or come close to it...The people who have actually endured hardship trying to pay their loans off should see a reprieve. However, those who simply want to pretend the concept of a loan shouldn't be applied to them should still have to pay something back. I am simply open to the idea the interest rates were far too high and the process was basically a form of predation. People were signing debts far beyond what people their age have, historically, and every professional around them was motivated to get them to accept debts of irresponsible sizes.
>>539380998>they are given out by third party orgs but somehow owed to tax payersokay retard.
>>539380762My University is threatening to take action against me for the £25,000 I owe them in tuition feesWhat do I do? Unemployed with no degree btw
>>539381647I didn't say boomers- you imagined that. There are all sorts of people who have made substantial payments on their loans of all ages. Idk why it is so hard for you to agree to reimbursement together with forgiveness. It makes it seem like you only want the loans forgiven to stick it to people who actually paid?
>>539380762What is “student loans”?
What happens if you don't pay back your student loans?
>>539381767Yeah fuck people who pay jews and feed into the usury system.
>>539381571i imagined the sound of screeching pigs being loused with white phosphorous when i read thatshut up niggeryou will never do a single fucking thingdefaulting on kiked loans is based, and you're a cringey goyimuseless vaccinated nigger fuck, it's gonna be funny when you turn into a speed bump
>>539381669Realistically there should be a form of relief in terms of some type of restructuring. That way people who made the agreements dont get off free (thereby encouraging a new crop of people to go to college and take out loans). And it still encourages lenders to tighten up on giving the loans. End result- Less people in the university, and loans are harder to get, stooges with the existing loans get some sort of break but still have to pay back. It's the only sensible way to handle it. The only people who would be against it are the universities and the drop shots who want a freebie rather than help/relief.
>>539380998Which could be easily offset by skipping defense funding for Israel and Ukraine...many times over.You're enabling poor government spending and subsidy of corporate lenders. Retard.
>>539381946>>539381957If you were so against the system and usury, you wouldnt have taken the loans to begin with. You cannot be a debtor and pretend you are against loans/usury. In fact people who paid theirs back quickly paid the institutions less interest than someone else would have. Your loans arent going to be forgiven with your current proposal. You will just continue to be judgment proof (aka no assets) like a serf or you will just end up paying more interest.
>>539381500Jews got rid of real bankruptcy. Now you get chapter 7 that's it. You still have to pay or they take everything.
>>539381957that anon has a point. the people who paid this already should be reimbursed or given a tax credit. defaulting on private loans is based, they cant do shit especially if you have no major assets. defaulting on public loans is fucking dumb. uncle sam doesnt forget
>>539381767>I'll only support something if it directly benefits meYeah again fuck off kike
>>539381847Loans given to students
>>539382151>how dare you study!!!Lol fuck off faggot
>>539380762If I was Trump or his team, I'll be posting "ICE removes people ILLEGALLY staying when they shouldn't be here: border hoppers, draft dodgers, and anti-MAGA protesters."
>>539380762The loans should probably be paid back but usury should be outlawed. It's one thing to add 10% or so onto the final amount but adding compound interest year over year onto it to the point where it can surpass the initial amount is asinine. It also shouldn't be encouraged for 18 year olds to be encouraged to go to college out of high school no matter what. 99% of jobs don't require college degrees and they shouldn't be able to be arbitrarily applied as a prerequisite to employment.
>>539380762All the knowledge a school has to offer came from the people before.At most i think people should pay for the infrastructure, classrooms, teacher/proffessor wages (for their time and skill in communicating), but never the knowledge. Knowledge is collectively grown and passed on. Fuck anyone who thinks learning some shit gives them a right to demand money to pass that info on.t. pragmatic, duty-bound humanist
>>539381744How? That's not how yookay student loans work.
Forgive the loans, recall the degrees, and repo the funds from the universities.
>>539382321Even though you are clearly a thinly veiled commietroon redditor (most likely). I would like to see you at least own some assets and have a successful life. I also don't want to see you pay back more interest than necessary to these usurious institutions. Considering you cannot go back and not take out the loans, and considering blanket forgiveness will never happen, my advice to you is to either pay back the loans as quickly as possible OR resign yourself into some sort of convent where you can be an asset-less family-less monk and still live a spiritually enriched life. What I don't want to see is you get further in the hole holding out for some pie sky blanket forgiveness to happen.
>>539382414Especially after the Internet came around. It's not like this isn't all readily available free information
>>539380762Remember to thank then-Senator Joseph R. Biden for sponsoring legislation that makes it impossible to discharge your student loan debt through bankruptcy.I'm so glad my parents paid for my full ride through undergrad.
>>539382450Not student loans, the university. SFE didn't send me the money but my uni didn't bother stopping me from attending. But they still billed me for itThey even said "erm if your tuition isn't paid you shouldn't have attended but I guess our system didn't catch it, you still have to pay us though"I got a letter in the mail the other day saying they passed off to a debt collecting agency and if I don't settle it in 7 days they will "take action"
>>539380998>Defaulting on student loans doesn't fuck over banks or universities; it directly hits the federal budget.So what you're saying is that it fucks over Israel.
>>539380998>You can't take the free money, it harms the (((Federal reserve)))
>>539382407Most states limit interest to simple interest. That is, the interest calculation is limited to the principle loan remaining. I am not sure if student loans have compound interest, but if so, that needs to instantly be changed.Even then, simple interest is something to consider. Interest is typically applied monthly and you pay through the interest to touch the principle. If you make your minimum payment, you'll be mostly paying interest. Paying roughly double your minimum payment will turn most 30 year loans into a ten year loan. Of course, the argument is that currency in the future is cheaper because of inflation, so you are leveraging inflation by sparing capital income when it is most valuable ... But this is probably only appreciable in highly productive assets, like a business. Fit the depreciation cycle to the loan or vice-versa.It's of dubious value for personal loans or even real estate.
>>539382414I am more generally for obliterating the current model of education. Float a set of testing standards atop public infrastructure maintained as an open campus with study halls, labs, and a rotating lecture schedule. To be reductive, merge a trade fair with an open lecture and study structure. Ideally, you would have businesses investing in demonstrating their capabilities and competing for top performers. Education becomes decoupled from age and the demonstrations/competitions serve as motivations for learning the supporting disciplines. Timmy learns math because he wants to program a battle bot or something and the infrastructure around, as well as mentorship culture, supports that outcome.In a lunch table nutshell presentation.
>>539381571Universal forgiveness. No reprieve. No reimbursement to those who already paid.There has been far too much fraud over what was given and what things are worse.Reprieve would agitate the situation be another avenue for fraud.Enough.Just forgive and forget.
i’m just not going to pay em hahaha my checks haven’t been garnished in the 10 years since and if they are, good luck getting blood out of $34 lmao me not paying my loans has literally zero effect on >youim willfully negligent
>>539380762>Heh, if you borrow money, you pay it back
I don't think we should have forgiveness because then everyone will learn>Oh, the government says it's a loan but they don't mean itand rush out to get more free money. And since neither the universities nor any private lenders will be harmed by the decision; just the federal government; there won't be any pressure at all to not repeat the situation in a few decades.I think we should hold the current student loan debtors hostage against further student loans. Pass an Act that specifies student loans are to go on indefinite forbearance, applied to all federally held loans, but if and only if the federal government does not provide any further student loans to anyone under any conditions. As soon as another student loan of any type is given out to anyone, even one individual, everyone else has to start paying again.This would ensure that student loan debt holders serve as a "third rail" against any politician who wants to win votes by handing out more money.Barring this, I think not paying them is probably the only viable form of protest against this system. I don't have any personally so I can't join, but it obviously needs to go.
>>539383545Sounds like the Euro approach. You get the fundamentals from k-10 and pick a technical/vocational school that is more in line with what you find interesting or are drawn to, and you finish your advanced education with a lot more practical skill.Everything should be polytechnic.
>>539380998>It's a matter of honor.lollmaobanks defrauded this entire country in 2008 and you talk about honor
>>539380762This guy wants 30% of what a non IBR note would run. He's a fucking psycho. Interest keeps accumulating. Under lems I never paid more than 100$ over a ten year span. This dickhead multiplied that by 7. I hope everyone defaults.
>>539384595>I don't think we should have forgiveness because then everyone will learn>>Oh, the government says it's a loan but they don't mean it>and rush out to get more free money.That ship sailed with COVID loans. Both the assholes who blocked student loan forgiveness in court got PPP loans forgiven.
>>539385328The PPPs were a pretty disgusting scam. Probably the most egregious wealth transfer in American history.
>>539380998wtf I love defaulting on loans now
>>539382151don't speak laws to we who carry swords>>539382211you will just have to kill us, kike
>>539380762Because you willingly took them. NOW, if you want to have a more reform-based debate about the topic, then sure. College should be subsidized by the government and free, but have EXTREMELY difficult entry exams geared towards whatever you're entering for just to prove you actually deserve to be there, and aren't just getting in because of nepotism or a retarded sports scholarship. Not everyone needs to go to college. Hell, almost nobody does, so this weird "business" it's become that manipulates as many people as possible into trying to get in is completely antithetical towards a successful civilization.
>>539381051I advocate for anyone dodging paying for taxes, at this point, because all you're doing is subsidizing niggers and cutting tax breaks for Jews, veterans (again, indirectly, Jewish slaves), or funding Israel (I shouldn't have to even say this one).The final straw for me was hearing that an American Protestant pastor I knew fell down stone steps during a visit to Jerusalem, got a brain injury, and was charged with a huge medical bill even though Israelis have free medical care. I fucking hate kikes. There are not words available to articulate how much I hate kikes.
>>539389414>Because you willingly took themSo did everyone that took a PPP loan. They didn't have to pay it back.
>>539390849That was different. The PPP loans were given to people who get to rape children with Epstein and not have to go to jail. No one expected them to pay it back.
>>539392281True
>>539380998>Strangely enough, for such a dishonest system, money lending depends upon the goodness and honesty of Mankind. It posits the proposition that anyone who borrows is obligated by the honor of his name and the holiness of his promise sworn before the gods, to repay the principle and interest on the loan. This is where the swindle gets most of its power because it relies upon the borrower being honest.> It relies upon the borrower being honorable. It relies upon the borrower being god-fearing and true to his word. But it does not dependupon the lender of money to be any of these things. Thus, Secret Fraud #3 was incorporated at an early time:>“Loans rely on the honesty of the borrower but not the honesty of the lender.”Sumerian Swindle page 20
>>539380762It's funnier if you don't. After Trump proved he's a dumb nigger this term we might as well see how far this shithole can be pushed until it breaks. If that many Americans are in debt and refuse to pay, that's an institutional problem, not a you problem. If you're going to get raped anyway you might as well shiv the cocksuckers doing it to you once or twice instead of just politely taking it.
>>539381096Exactly. I don’t care “what I took”, you said the word federal and now I’m violently angry. Either we forget about it or we don’t but if we don’t it’s gonna be really bad
>>539380998>honor>society that fucks you in the assI wish I had taken out another loan and put it all into Sandisk last year lol
