Why are American college kids refusing to pay their debts? American taxpayers are currently being stiffed on $171 billion in federally-backed loans, and that number is rising rapidly.
oh know. the slaves are in debt to themselves
>>539434962I thought you couldn't default on student debt which is why it's so devastating?
>>539435160You can't remove the debt, you can certainly default as the two have nothing to do with one another.
>>539434962AI killed all white collar jobs.
>>539435160It can't normally be discharged in bankruptcy. The government's definition of 'default' is 270 days (9 months) or more of nonpayment.
Taxpayers payed the loans to train the workers. The companies have not held up their end of the bargain to hire them
>>539436169And the schools tripled their tuition in the 2000s, almost instantly after student loan bankruptcy was banned.
>>539435453so what happens then?
>>539434962Faggot leftists getting their liberal tranny dance degrees. The average chud works for ICE earning 6 figures a year no debt plus benefits like beating coloured people. Very good against stress.
>>539438190They can take away their belongings or money from their paychecks if I remember correctly. You borrowed the money and signed on the dotted line, you have to pay now, simple as.
>>539434962because the interest rates are fucking insane
>>539434962
>>539434962Student loans are a scam. Society tricked a bunch of children into taking out enormous loans on the promise that a degree would get them a good job. But it was a lie.
>>539438791Student loans are basically child grooming.
>>539434962>student debt is the only debt that doesn’t get erased when bankruptThe absolute corruption of America is absurd. All student loans and foreign students should be outright banned. Force these money pig universities to die or lower rates to affordable. But whatever, your entire country is a fucking scam layered on a scam.
>>539438968I'd never study in a US college, each one of them has like 1500$ a month in student loans for like 20 years. It's simply not worth it in the age of free books and easier learning than ever with AI. Our current age is an age of builders, not of useless scholars.
>here's thousands of dollars to a woman that's too immature to navigate a relationship with an older man>wtf why can't she repay me>here, teenage moron, have 5 figures of debt, from me to you>wtf i'm not profiting from this arrangement enoughi'm so tired, anons
>>539434962I paid off mine but I recognize all of it was a scam. I was young and stupid at the time, unwise to be making those kinds of decisions that would cripple me financially for many years to come. There was at least in my day enormous social pressure to go to a college immediately after high school. It didn't matter if you were poor or not
>>539434962$171 billion, Trump and his family have made 10 times that off the american tax payer.
>>539434962Let's see:1) The US allowed millions of illegals to enter the country, thereby depressing wages and increasing the cost of living significantly.2) Manufacturing jobs were all sent overseas to increase profit margins at the expense of the US worker.3) Tech jobs were outsourced to India, where you can pay 3 Indians as much as you would pay one American to perform half of the work total because they're stupid and their qualifications are degrees from scam degree mills.4) AI is quickly making any white collar job unnecessary. Why pay someone to do your taxes, draft a document, or even create an image when AI can do all of that for you in nearly an instant?5) Paying the government back directly supports jews killing children and supports pedophiles (jews and their adherents) raping the children who aren't being killed.6) The US is a vassal state of israel and no longer has a legitimate government.Take your pick.
>>539434962Not my problem, not paying them back lmao
>>539439220>Your auto insurance rates will be higher until you're 25, because we feel you're not financially responsible enough until then.>You cannot drink alcohol, nor use tobacco or even nicotine products, because we feel you're not responsible enough until then.>You cannot even rent an apartment at 18 without a cosigner, because we feel you're not financially responsible enough.>You cannot purchase a pistol until 21, because we feel you're not responsible enough.>But you can go to war, handle military ordinances and firearms, and be responsible for the lives of other people at 17.>But you can take out 5, to 6, figures in student loans, with high double digit, non-fixed interest rates, at 18.Makes sense.
>>539439700also go ahead and change gender as a 9 year old
>>539434962Thanks to student loans, I have my baby momma.She's six figures in debt, no way to ever pay it.So she defaults.>No goyim, we will garnish your wages and take all your tax returns.Actually, she's just gonna live at my place and make babies.No, we're not getting married so you can try to take anything from me.She's just gonna get an allowance from me, be my house keeper in a maid costume, and polish my chrome.She's never repaying a dime of it and just gonna sponge of her baby daddy and there's nothing you can do about it.AND she won't even be able to divorce rape me.
>>539439772Lol of course, I'm behind the times. Go ahead, 9 year old, and take irreversible hormone treatments and maybe even help yourself to an irreversible, mutilating surgery; you're mature enough to understand sex, consent to such irreversible procedures, your personal identity, and the self at that point to make that decision. Just don't let us catch you having consensual sex with that 17 year old even a single minute before the official hour of their birthdate, you sicko groomer; they aren't mature enough to understand sex, consent, nor make such a rational decision concerning their own body. By the way, the military recruiter wants to talk to your 17 year old about all the amazing benefits of joining the armed forces! Also, we can cut your dick skin off as an infant, without your consent, but it's ok because you won't remember it. Now, pls don't slip that date rape drug into someone's drink without their consent, because even though they won't remember it, you're still violating their bodily autonomy. Clown world really is fun.
>>539434962Because for decades the government has not come after anyone to actually pay. Add to that the fact in 2023 almost a million students had their debts forgiven and it becomes kind of dumb to pay a dime.
>>539438190Here's the odd part - in theory, the government has a lot of tools to recover the debt. Everything from wage garnishment (taking a portion of people's pay each month) to seizing property such as homes or cars, to seizing inheritance money, etc.But there are so many people in default that the government is afraid to use these methods, since it might negatively affect the entire consumer economy.
>>539443599The save plan made sense and got people to actually pay with a path to getting out of debt After that rug pull most don't see a reason to pay
>>539443697Yea if I owed student loans I just wouldn’t pay. If they started taking my money before I could make significant money, I would just stop working.
>>539434962>Why are American college kids refusing to pay their debts?because fuck jews
>>539434962lololol...all those boomers who made stock indexes off the payments coming in...the rooster is coming home to the roost.no payments...junk bond rating...junk bond rating...bad security...bad security...bad market index...bad market index...bad market
>>539438741Sodomite jews making loans to bad risk debtors with government guarantees stacking the deck in their favor.
>>539439944this guy doesn't know about common law marriage lol
>>539436169there was no bargain. 'tax payers' were not asked if they wanted the money printer hooked up to the tuition. the whole thing was a steal from the start.
>>539434962Maybe colleges should have taught marketable skills and financial responsibility instead of oikophobic gay communism.
>>539434962Israel and the military complex needs this money, why are commies fucking this up for me?
>>539439640Me neither haha :D
>>539434962>Why are American college kids refusing to pay their debts?its funny
