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Stealing from banks is called COMMUNISM!
Elizabeth Warren proposes canceling student loan debt
Fake Indian can kiss my ass. I am putting my daughter through college now, and have been saving for that since she was born. While I was saving, I got to see easy credit college loans run up the price, as the irresponsible think easy credit equals affordability. I say all who took those loans need to pay back in full. After all, they ran up the prices for the responsible people who work to avoid debt.
Elizabeth Warren proposes canceling student loan debt
Fake Indian can kiss my ass. I am putting my daughter through college now, and have been saving for that since she was born. While I was saving, I got to see easy credit college loans run up the price, as the irresponsible think easy credit equals affordability. I say all who took those loans need to pay back in full. After all, they ran up the prices for the responsible people who work to avoid debt.
Do these people just not understand incentive economics?
They are desperate to load people with debts, until the system starts crumbling, then the government nationalizes the debts.
Did that with mortgages.
Now have to find a way to do the same with students loans.
??? Did anyone get their home loan forgiven?
Why not auto loans
No but they bailout banks and injected enough money to pump up the economy and push house prices up where they were.
The result is the same: the debt is now on the national balance sheet.
The guy who was renting during that time got screwed by time.
If sports entertainment is billed separately as a big ticket item, students can have reasonable good visibility and control on "Tuition and Fees".
They are desperate to load people with debts, until the system starts crumbling, then the government nationalizes the debts.They did it with Fannie and Freddie, AIG, and MBS. The little guy got shit. Probably the Fed is buying toxic student loan bundled securities or will be.
Did that with mortgages.
Now have to find a way to do the same with students loans.
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