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If you've paid off your school loan

B

Bernard_Fokke

Captain Fokke
Supporting Member
Congratulations, you've done the honorable thing and can stand proud.

For those of you that are still getting yours paid off you are also doing the right thing, kudos.

For those of you that want to be "Forgiven" your debt, no way, you incurred the debt obligation it's yours to pay off so deal with it.

Get a second job, cut back on what you spend, you and you alone owe the debt, the American people should not and will not shoulder your personal debt.

You got yourself into it and it's not our responsibility to get you out.
 
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And all this mess caused by what ?

Obamacare !!!!
Title II of Obamacare, radically overhauled the country's student loan industry, replacing federally backed bank loans with direct government lending.


The largest private student loan lender, Sallie Mae, originated as a government-sponsored lender, and the government-subsidized market only emerged out of a small but much older federal student loan market. But Title II replaced a mess with a nightmare.

Universities took advantage of the new, easier loan requirements to raisetuition rates still further. From 1995 to 2012, the average tuition at a 4-year private college had risen by 30%. In the following four years alone, it spiked by another than 12%.


For decades, student loan debt had remained in the low hundreds of billions, but during Obama's presidency, it exploded from $150 billion to more than $1 trillion, the overwhelming majority of which is owed to the government.
 
Bernard_Fokke said:
Congratulations, you've done the honorable thing and can stand proud.

For those of you that are still getting yours paid off you are also doing the right thing, kudos.

For those of you that want to be "Forgiven" your debt, no way, you incurred the debt obligation it's yours to pay off so deal with it.

Get a second job, cut back on what you spend, you and you alone owe the debt, the American people should not and will not shoulder your personal debt.

You got yourself into it and it's not our responsibility to get you out.
Click to expand...
There was a beautiful article in the WSJ this week. Some guy who PAID OFF his student loans was at an Elizabeth Warren town hall. He asked if her forgiveness plan meant he would also get his money back for being frugal and acting ethically.

Candidate Warren told him "of course not"

After a two minute back and forth about punishing ethical people and rewarding the spendthrifts and slackers, she cut him off and refused to discuss the topic any further.

Then the demoines register endorsed her for president a day or so later.

This is completely true.
 
as seen on tv said:
There was a beautiful article in the WSJ this week. Some guy who PAID OFF his student loans was at an Elizabeth Warren town hall. He asked if her forgiveness plan meant he would also get his money back for being frugal and acting ethically.

Candidate Warren told him "of course not"

After a two minute back and forth about punishing ethical people and rewarding the spendthrifts and slackers, she cut him off and refused to discuss the topic any further.

Then the demoines register endorsed her for president a day or so later.

This is completely true.
Click to expand...
I'm part of a group called "NEW"... Never Elizabeth Warren. ;)
 
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