/biz/ - Business & Finance

[Anonymous No.27778529]

So you're telling me I could have gotten the experience of a lifetime partying, studying, fucking and getting a magic piece of paper that puts you far ahead in life, Instead of sitting in my underwear looking at charts, racking my brain and working hard for half my 20's, ALL FOR FREE? ARE YOU FUCKING KIDDING ME?

[Anonymous No.27778790]

>>27778529
IKTFB. Spent my time in college living responsibly and trying to keep the debt to a minimum. Busted my ass off after I got a real job in order to pay everything off as quickly as possible. Now the retards who treated the loans like free money get rewarded for their nigger-tier behavior. honk honk.

[Anonymous No.27778857]

doubt itll happen
student debt is a tool used to keep people in shackles
no way they just let people go free

[Anonymous No.27778955]

>>27778529

>Biden supports

In other words, they're going to sit on it for the next 4 years

[Anonymous No.27778981]

>>27778857
If they do it it won't be out of sympathy for debtors, it will be because they want more inflation / votes

[Anonymous No.27778994]

imagine they will forgive debt only to minorities so they will ensure votes for next election

[Anonymous No.27779034]

>>27778529
>pic
Never gonna happen. Every Democrat says they are going to do this just so they can get votes or public approval. For fuck sake, they reduced the amount of promised stimulus. I doubt they’re really gonna go through with a student debt forgiveness program.

[Anonymous No.27779105]

>>27778790
>>27778529
cry moar bitch

[Anonymous No.27779139]

how exactly could he do it through executive action? The Senate controls the budget right?

[Anonymous No.27779170]

At least Redditors won’t have to worry about students and be valuable sources of bag holders for years to come

[Anonymous No.27779216]

>>27778529
is it a good idea to claim to go back to school right now for loans, then use those loans for crypto/stock investments since democrats will cancel them? did we find the free money hack? or is it only for people of color

[Anonymous No.27779254]

>>27778857
forgiving the debt will just lead to a moral hazard where the universities jack up the prices even higher, and people will be totally cool with getting into six figures of debt for college, because the precedent of getting the debt forgiven already exists.

[Anonymous No.27779264]

>>27778529
It’s probably not gonna happen but if it does, at least I’ll benefit
>>27777777

[Anonymous No.27779273]

>>27779139
lol. sure... sure...

[Anonymous No.27779309]

>>27778790
Don't forget to pay your taxes!

[Anonymous No.27779337]

>>27779170
Silver linings

[Anonymous No.27779341]

[Anonymous No.27779347]

I have been in college for 4 years and have not made a single friend. Its over.

[Anonymous No.27779385]

>>27778790
This, I'm fucking pissed they are gonna pull this. I feel like going out and taking $50k in student debt to start my masters if they are gonna do this. Why am I punished for working my ass off to pay for college?!
>>27778857
Idk they might
>>27779341
?
>>27779347
why not friend

[Anonymous No.27779400]

>>27779216
>go back to school for a masters in some meme field at a very expensive school
>apply for FASFA loan
>immediately convert that loan to crypto
>ghost the university
>wait for debt forgiveness

[Anonymous No.27779410]

>>27779216
Youll get jewed, don’t do it. Last second Hes going to cancel it

[Anonymous No.27779412]

>>27779216
I literally did this in the fall and this semester. I took out 20k and put it into Aave uniroincally. It’s worth 80k now I shit you not.

[Anonymous No.27779431]

>>27778994
As if votes are even a factor

[Anonymous No.27779485]

>>27778857
meh, hyperinflation is bullish for literally every asset other than USD, fuck if

[Anonymous No.27779495]

>>27778529
I have never taken on a student loan while in college, and my current job has nothing to do with my major, and I work only part time for 15$/hour.
I didn't even get any Trump or Biden bucks because I still can't afford to move out.
I hate politicians so much.

[Anonymous No.27779503]

>>27778529
this is literally just bailing out overeducated socialist retards with masters degrees.

[Anonymous No.27779507]

>>27779412
Pic For the haters

[Anonymous No.27779553]

>>27779400
>ghost the university
why that's where all the hoes are

[Anonymous No.27779596]

>>27779341
Nice bait. No one's against changing the system for future kids. They're against punishing people who made good decisions and rewarding people who made bad ones

[Anonymous No.27779597]

>>27778994
Would immediately get sued into oblivion.

>>27779034
This and thank fuck. Pretty sure it's wildly unpopular and it would be financial suicide for the country. What they need to do is reform student loan programs so that people taking them will actually pay them back. If they wanted to focus on something more pressing, try figuring out healthcare in a way that won't fuck us, especially now that nobody is being deported period.

[Anonymous No.27779642]

>>27779309
at this point, since the fed can just print their problems away and at least some people will be pissed at whatever the govt does, why tf are we still paying taxes?

[Anonymous No.27779671]

>>27778529
i don't really understand how this is going to solve anything. like ok they'll cancel that debt but what about people that will still need to take huge loans a year from now?? the systematic failures in colleges are still present? wth does this solve?

[Anonymous No.27779674]

>>27778529
How come students get to have their debt forgiven? That’s no fair. If they get something we should to. Fuck that

[Anonymous No.27779692]

>>27778529
> free

When you fucks will understand, there's no such thing as "free". If you're not paying, someone else is.

[Anonymous No.27779718]

>>27778994
Thats literal discrimination and would be going way too far with something so public and student loans

[Anonymous No.27779734]

>>27779385
There will be stipulations for sure, but it will likely include undergrad only.

[Anonymous No.27779806]

>>27779718
they wouldnt make it that explicit, but you're delusional if you don't think discrimination already happens. affirmative action is discrimination. grands and preferential contracts with woman/minority owned businesses is discrimination. no one cares

[Anonymous No.27779819]

>>27779341
How can you compare debt to death is it going to literally kill you? With a decent degree in anything you have more opportunities for job picks even in different fields, and whose going to pay for it? The guys who didn't take the easy street? Just fuck us up, put me on the tracks

[Anonymous No.27779823]

>>27779553
Because you're not using any of of the college loan money for college, so the tuition office is suddenly breathing down your neck wanting to know what the fuck is up.

>>27779309
Oh, absolutely. I'm a patriotic american and it's my moral duty to pay for Lashiqua's kids and Moishe's wars against arabs. I would never ever think of doing anything like keeping all my money in crypto and using it in a non-KYC'd manner that could potentially lead to underreporting to the IRS by an immoral party. Not me though, I would never do that.

[Anonymous No.27779827]

>you’re telling me it’s fine for people to have access to food 24/7? When I had to bust my ass hunting and gathering all day

Fuck you for not wishing for a better life for the next generation just because you can’t benefit

[Anonymous No.27779845]

Worst part is that only 25k of mine is federal debt while another 50k is private debt. And they aren't gonna forgive that.

Considering the fact that private debt is much worse and has no cap, seems stupid to ignore that. If you have the max amount of federal debt allowable and can't make THOSE payments you're a retard sorry

[Anonymous No.27779862]

>>27778529
I make too much money and they will disqualify me. I haven't qualified for a stimulus yet but I would spend it just as fast as a poorfag. Being true middle class is total BS

[Anonymous No.27779883]

>>27779718
what if I told you affirmative action is discrimination and has been law for decades?

[Anonymous No.27779902]

>>27778529
>was a good goy and paid off my student loans as quickly as possible
>basically lived off rice and beans for like 3 years
>now zoomers just get their debt forgiven
what the fuck boys, I better be getting that money back

[Anonymous No.27779944]

>>27779845
>75k in debt
Those numbers should only happen for a handful of reasons, and it's pretty much shit like medschool (obviously more than 75k), not undergrad

[Anonymous No.27779953]

>>27779806
I know but i'd like to think that blatantly forgiving minority debt out of the blue like that would cause at least some uproar... idk call me a hopeless optimist or whatever but you're right

[Anonymous No.27779956]

>>27779671
Government only makes things worse. It has always been like this. It's why the stock market does it's best when there is government deadlock.

[Anonymous No.27779977]

>>27779341
>already killed
Why can't they reimburse me for my college expenses after the fact? I'm not dead.
Also you're not looking at this in terms of the sort of perverse incentives it creates. Be irresponsible with your money and rack up as much debt as you can in the hopes of getting a bailout. Punish the people who are frugal and responsible who didn't live beyond their means.

[Anonymous No.27779985]

>>27779827
>The next generation
I am gen z. 25 soon. How do you think that's fair in anyway? Can't even get a college experience anymore with covid times

[Anonymous No.27779986]

>>27779139
the rules are made up as we go now dude, not sure how you haven't noticed

[Anonymous No.27780005]

>>27779827
fuck you too buddy
if you don't think bailing out trillions of dollars of student loan debt that makes up a signification percentage of federal government assets will have no repercussions then i have a bridge to sell you.
brrrrrr goes up
taxes go up
prices go up
minimum wage goes up
everyone already making over $15/hour gets shafted again and again and again

[Anonymous No.27780051]

>>27779953
It's not really "blatant" when they pretty much all automatically get free college tuition anyway through 'mo money fo dem programs'

[Anonymous No.27780063]

HEY! That's not FAIR!!!!

I worked three jobs to pay back my student loans....why would all these little shits get a free ride??!?!?!

I want them to suffer like I did!! It's not FAIR!!!!

[Anonymous No.27780064]

>>27778529
claim on paper to be a tranny and do it for free

[Anonymous No.27780085]

>>27779883
The opinions on this via the Supreme Court in the early 2000s is so fucked up. They basically say, "Yeah, we know this is discriminatory, but it's the good kind, so we need to let it roll for awhile." The difference here is that affirmative action is difficult to quantify, hence why it hasn't been fully abolished by the Supreme Court. You can't prove for sure someone took your spot. On the other hand, giving money to some and not others because muh skin is 100% quantifiable.

[Anonymous No.27780110]

>>27780005
You already waste half your paycheck on taxes you’ll never see the benefit of. Cry more americuck

[Anonymous No.27780117]

>>27778529
If they forgive up to $50k in debt they will have to give everyone else a $50k check or people will riot.

[Anonymous No.27780118]

>>27779412
>>27779507
good job dude.
the lessons you will learn having actual stake in the market will be worth far more than anything you would get from some retard boomer peddling $200 in college.
and in the market if you do your assignments well, you make money. if you do them really well, you make it.

[Anonymous No.27780149]

>>27779956
I dont necessarily disagree with this, but dont markets still crash even without govt intervetnion? like in the 20's, Hoover even just let the markets fail whereas in 2008 the fed pretty much bailed out a bunch of banks. Wat can cause market failure in an environment where govt isn't a factor?

[Anonymous No.27780151]

wait until you hear about how they're gonna bail out brokedick renters.

does the student loan forgiveness being discussed have an income cap / phase out?

[Anonymous No.27780161]

>>27780118
>peddling $200 in college
peddling his $200 updated yearly textbook*

[Anonymous No.27780187]

>>27780063
Okay, so reimburse me for my college tuition too.

[Anonymous No.27780227]

>>27779597
>What they need to do is reform student loan programs so that people taking them will actually pay them back
No. What they need to do is figure out a way to disincentivize making student loans in the first place. The whole reason we’re in this mess is because it’s TOO easy to get loans to go to school. Colleges have no problem expanding in size and jacking up tuition to soak up the extra money in the system. I graduated a mere 16 years ago and I was paying like $2400 per semester in tuition at a major state university. And people were bitching that tuition was too high then! Extra $ sloshing around has made it like 4x as expensive now.

[Anonymous No.27780244]

>>27780063
More like it doesn't prevent the same thing from occurring in the future, you halfwit. If it permanently solved the issue with a one-time payment and not raping the taxpayer forever, people would be more accepting. Instead, it's free 50k gibs for some people and not for others because fuck you. It's like amnesty. It doesn't actually solve anything. It's just giving the middle finger to everyone who tried to play by the rules and letting the bubble refill.

[Anonymous No.27780314]

>>27779944
So here's the situation -- I wasn't eligible for any federal aid for like two years because my dad made too much according to the irs. I lived in an expensive area rent wise and so it just kinda burned me up. Honestly not much I could do there except take out big loans via sallie mae.

And my dad died a few months after I consolidated the plus loans into my name to take some pressure off him. So that sucks. It's more like 68k now though I don't remember the exact balance. Mechanical engineer though and I do alright for myself I just kinda don't make enough and hate my job

[Anonymous No.27780347]

>>27780110
so why should we pay more to bail out a bunch of subhumans who got themselves into debt they can't pay off?
there is only one practical solution. if you want your debt forgiven you forfeit your degree and the government seizes the endowments of the fraudulent universities that sold you a worthless piece of paper. it's fraud, plain and simple, and tuition is only so high in the first place because of unabated federal loans. those need to go too.

[Anonymous No.27780352]

>>27779254
It's going to be like emergency room visits that charge $40k for a broken elbow because they know insurance will pay it all.

[Anonymous No.27780417]

>>27780227
so should school cease expansion? Or even retract in certain aspects?

[Anonymous No.27780487]

>>27778857
this. they just like to tease the goyim.

[Anonymous No.27780514]

>>27779216
>take out loan for stated purpose
>spend it on other assets
>incur as much risk as possible for best opportunity for reward
>consequences for irresponsible behavior are negated by expected bailouts
Anon, that is exactly how much of our economy operates

[Anonymous No.27780541]

>>27778529
>take out $10k student loan
>get associates in meme studies
>buy shitcoins and shiny rocks instead
>mfw

[Anonymous No.27780556]

>>27778529
Ayo bidencracka and pajeetharris, how bout you give ALL us Americans $50k instead a buncha trannie study faggots?
Whole lotta white, black, mezkin niggas could use that, but guess you wanna forgive your tranniesquad instead?

[Anonymous No.27780581]

>>27780227
This. It's common fucking sense. When you make it easier up-front to go to college, this just results in colleges jacking up tuition rates, because they have the government is fronting the check. The fact that the student will be on the hook for it for years after the fact is irrelevant. It's the same reason why houses continue to get astronomically more expensive. Theoretically if mortgages didn't exist, or if they were only given out to the best possible debtors, housing prices would actually come back to reality.

Not to mention that the whole idea of pushing literally every single kid to go to college results in a situation where you
1) waste the prime years of peoples lives and delay people's maturation from childhood to adulthood
2) completely fucking devalue higher education. There's a reason why many jobs used to be done by people with HS diplomas now require fucking bachelor's despite the jobs not actually requiring anything at all from a college education. It's merely because they can get away with turning others away.

[Anonymous No.27780585]

>>27780417
The solution is to just stop the federal student loan process and let private loans get declared in bankruptcy. That actually permanently solves the problem. Degree mills collapse, jobs starve or have to lower their inflated degree standards. No debt forgiveness, just bankruptcy options.

[Anonymous No.27780591]

>>27779674
Because it is pretty easily argued that it is a country investing in its own economic future. Paying for someone to buy a car or house isn't. Those students might go on to get good jobs and land in a higher tax bracket than if they just skipped and stayed at burger king. Whether or not that actually happens is questionable though. In the end, it's all about whether or not it is worth the possible higher tax revenue

[Anonymous No.27780658]

>>27780417
Yes. It’s absolutely insane the kind of amenities colleges provide and how many high paid administrators are sitting around at your average university these days. There absolutely needs to be a downsizing.

[Anonymous No.27780701]

>>27778529
>>27778790
>>27778529
>>27779309
>>27779385
>tfw took out a bunch of student loans
>lived it up at a major university
>have been paying it back as little as possible since graduating
>all because I bet on America being retarded enough to do this
feels good to be right, thanks for the tax dollars lads

[Anonymous No.27780719]

>>27780585
Correct, but it's too bad it will never ever happen. They'll never let the academia ponzi scheme collapse, just like they'll never let the housing ponzi collapse and so on. Instead they'll just erode away all the wealth of the lower and middle classes indirectly through BRRRR

[Anonymous No.27780728]

>>27780585
Biden literally voted to get rid of this. this whole mess is largely because of him in the first place

[Anonymous No.27780729]

>>27780514
Yeah how does anon think half of these fucking degenerate leech corporations stay afloat.

[Anonymous No.27780743]

>>27778529
this can only be fair under 2 conditions:
- people who paid their student debt get paid the same amount forgiven
- people who don't have college degrees will be entitled to free education for the same amount forgiven

[Anonymous No.27780757]

>>27780417
Yes, or at least there should be severe restrictions on what state-funds can be spent on at the school.

>>27780227
You're far too optimistic. This would immediately die because all someone would have to say is that you're preventing people from attending school. I am fine with loans as long as there is zero incentive for the school to jack up tuition since daddy gubbment enables that expansion. But also, there needs to be the de-linking of research and academic endeavors financially. For the amount of money, the quality of education provided is often low as fuck.

>>27780314
Sounds like you weren't willing to take a cheaper alternative and are paying for it. Sucks.

[Anonymous No.27780813]

>>27780701
fuck you fag. I went to a state uni and worked my ass off to only graduate with $5k debt. I would've maxed out my debt if I would've known. This isn't fair

[Anonymous No.27780823]

Andrew Yang’s plan made more sens.
Make people sign a contractual agreement that if you take the student loan, you agree to give back 10%of your income for the next 10 years, after what, your debt would be forgiven.

[Anonymous No.27780868]

How about we stop Universities from being federally funded

[Anonymous No.27780875]

>all that time I wasted working when I could have enjoyed college
You know what, FUCK SOCIETY. AND FUCK TAXES. YOU'RE GOD DAMN RIGHT I MAD.

[Anonymous No.27780894]

>>27780581
Thankfully, K-12 is finally accepting alternative plans for graduation and saying, "Not every student needs to go to college" is acceptable. One of the few positives I've seen change working in the public school system. That, and COVID distance learning made people wake up to the fact partially that teachers do more than babysit and cannot be easily replaced by a computer + a guard monkey.

[Anonymous No.27780904]

>>27780757
>This would immediately die because all someone would have to say is that you're preventing people from attending school.
Yes I’m aware of the emotional appeals that would be made to keep the money flowing. But it’s precisely because undergrad has basically turned into 13th grade and anyone with a pulse can get unlimited funds that we’re in this mess.

[Anonymous No.27780960]

>>27780813
>nnoooo I would have invested in bitcoin at 1k if I would have known reeeeeee
sorry bud, make better choices

[Anonymous No.27781012]

>>27780960
Well yes, but you don't have a fucking right to my money because you're a retarded fuck who can't save and be smarter with his money. This is a fucking joke

[Anonymous No.27781037]

>>27778529
Why not forgive all of it then protect the public by banning meme degrees.
Publicly fund actually useful degrees.

[Anonymous No.27781068]

>Biden is cancelling $10,000 in student loan debt
Fucking based, I have $10k of student loan debt that I used to buy crypto, LITERALLY FREE MONEY.

[Anonymous No.27781092]

>>27780904
I don't disagree with you. It's one of many changes that needs to happen to education that just can't because nobody wants to sound like the bad guy. Hell, if we move down and back, No Child Left Behind is the epitome of being unable to do the right thing because it sounds cruel.

>>27780823
This is reasonable except I don't think it would be voted for since, once again, it's easy for someone to call it cruel as the Dems would just say 10% of someone flipping burgs is just too much.

[Anonymous No.27781129]

>>27778529
It's all pretend money anyway

[Anonymous No.27781146]

>>27780960
lol bitcoin investing was a retarded decision that ended up making people filthy rich

[Anonymous No.27781148]

>>27781012
I guess we'll have to see what President Biden has to say about that :^)

[Anonymous No.27781194]

>>27779819
>literally kill you
t.brainlet

[Anonymous No.27781205]

>>27781148
He can rot in hell. I need to start scamming this system, it does nothing for me and it pitted against me. I owe it nothing

[Anonymous No.27781213]

>>27781129
Correct. The only money with long-term value is cryptocurrency. Everything else is worthless monopoly money.

[Anonymous No.27781284]

>>27778529
Laughing at all you retards that took college “seriously” and didn’t just treat the loans like free money lmaooooo

[Anonymous No.27781316]

>A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years.

[Anonymous No.27781324]

>>27781205
now you are beginning to understand

[Anonymous No.27781347]

>>27780894
Unfortunately I think it's too late to actually reverse the problem. Even if people realize what a scam college is, 95% of the time, they're still forced to play ball. Employers still have an overabundance of overqualified people to choose from, and so they'll inflate the job requirements even though those "requirements" aren't actually required for the job. Because they can.

Only way I can think of to actually reverse the problem is
1) cut off federal funding of student loans and all that bullshit, cold turkey. Would probably result in an immediate collapse of the degree mill ponzi scheme, but good, fuck em.
2) have the government set caps on the number of students allowed to enroll in specific degrees, based on the job field and the realistic number of people needed for that role. We don't need millions of students with bachelors in anthropology. This would probably lead to problems akin to those of the USSR's command economy in not accurately matching supply to demand, but it's still certainly better than the situation we currently have. It's effectively what certain institutions already do as well. Like how the AMA keeps strict controls on how many students can go to medical school, so as not to flood the market with doctors

[Anonymous No.27781349]

>>27778529
>Who has a better chance of making it? Educated or non?
>Who has a higher paying job typically? educated or non?
>who typically has the wealth sufficient to go to university?
>Gov pays of debt of already wealthy, educated, people with greater probability of success
>But from where???? Taxes. Taxes. Taxes.
>Pay the debts of the rich, from the wealth of the poor.
>From the majority, to the minority, from the slaves, to the masters.
Greatest theft in modern history. They'll make themselves look like heroes for do it. Incredible.

[Anonymous No.27781364]

>>27779718
Affirmatibe action literally exists as legal discrimination in jobs AND school right now. They don't care about discriminating against white people. In fact they love doing it.

[Anonymous No.27781391]

>>27780117
I think they should give a tax credit for up to 50k only for those who went to public colleges.

[Anonymous No.27781428]

>>27781284
Based if you spent the money on shitcoins
Cringe and retarded if you wasted the money by buying things

[Anonymous No.27781431]

>>27781213
>cryptocurrency
>currency that entirely relies on technology
Cryptofsgd are fucked once the solar flare hits lmao

[Anonymous No.27781439]

Based this would really be amazing, wish i still had access to my loan funds, already graduating been putting this shit off, now i got until September for max gainz

[Anonymous No.27781449]

>>27779827
I don't give a fuck about people who partied and got a shit propaganda degree

[Anonymous No.27781585]

>>27781092
Agreed. It's why I think the situation is more or less hopeless. The government will never ever fix the actual problems of higher education, because they like it this way. Anything except full-throttle ahead makes you a monster who wants to deny education for muh chilluns.

At the end of the day, talking about what theoretically could solve the problem is just mental masturbation, no different than discussions of how we'd be better off without welfare or social security. Doesn't matter because no government and no politician will EVER agree to dismantle the gibs. Once you give gibs, you can never put the genie back in the bottle. It's useless.

[Anonymous No.27781588]

>>27781347
Nah, actually you're seeing a flourishing of more specific certifications and community college degree paths than ever before, which is somewhat helping deflate the pump n dump of unqualified freshmen to some of these universities. I agree with your first point, for the second, why not make them tie tuition prices to average earnings of people who hold that degree, regardless of what field they end up working in, with a maximum difference of % between the top and the bottom structured in a way that if they continue to pump out philosophy degrees, it forces them to deflate the actual STEM degrees.

[Anonymous No.27781598]

College should be free but only accessible to people who are actually smart. The rest doesn't need to go to college to be a wagie.

[Anonymous No.27781602]

I'm in favor of this because it'll finish wrecking this circus of a country

[Anonymous No.27781725]

Lmao good luck they’ll be in negotiations for 2 years and then voting season it will get brought up again and shelved. Want to know why the us won’t fix it’s broken ass immigration system? It gets people in the voting booth

[Anonymous No.27781796]

>>27781316
People shill the 200 years thing but how true is that? Rome and Greece lasted more than double that in their superpower states, China only ever internally collapsed and redistributed its own power over 5,000 years. Japan got whipped in WW2 from being on the losing side of the largest historical conflict EVER and was wrapping up a 700 year era before that.

[Anonymous No.27781806]

>>27781092
I hate how its "cruel" to say that some kids are just too retarded and dont need to/deserve to be in a school environment if they're dragging the qaulity of education down... its the truth

[Anonymous No.27781890]

>>27778994
At least those minorities (if black) are more likely to actually be poorfags, unlike the affluent upper middle class Berniebros.

[Anonymous No.27781933]

I think the student loan forgiveness wont actually reach fruition for one reason
>it renders the GI Bill obsolete

[Anonymous No.27781944]

>>27779977
>Be irresponsible with your money and rack up as much debt as you can in the hopes of getting a bailout.
Sounds like capitalism, especially what all the big banks do.

[Anonymous No.27782018]

>blue collar workers have to pay extra taxes for people who were privileged enough to go to college

[Anonymous No.27782027]

>>27781431
Take your meds schizo

[Anonymous No.27782053]

>>27781588
I'm not sure your idea is good either. That would mean lower tuition for useless meme degrees like liberal arts, and higher tuition for valuable things like STEM. So basically all the STEM kids would be paying a large chunk of the bill of the liberal arts retards, in effect. It would also incentivize more people to go into useless degrees (because they're cheaper).

It would certainly be good from the standpoint of not devaluing STEM degrees by pumping out too many of them. Lord knows I know that feel. When I went to college and grad school, my profession was really good. But then too many people realized this, and started popping up schools left and right, and now there are 1000x as many graduates in my specialty as there used to be. This completely devalued my profession. Stagnating our wages, seeing people fired so they could be replaced by desperate new grads willing to work for half the pay, squeezing every last drop of blood from us, and so on.

[Anonymous No.27782054]

>>27781796
Japan had a major government chamge not even 100 years before WW2. It wasnt the same country after the restoration, not really. And Rome wasnt even a democracy, it didnt even have the facade of being one. It, too, had major upheavals. It didnt always have an Emperor.

[Anonymous No.27782080]

Bitch faggot better at least give me a tax deduction for all my tuition I paid ahead on

[Anonymous No.27782177]

>>27778790
Same thing happened when Bush froze all those mortgages for people who never could have hoped to pay that went and got them anyway.

[Anonymous No.27782225]

>>27781933
>implying the mutts won't be forced to die for Israel in WWIII anyway

[Anonymous No.27782240]

>>27781933
That's a really good point I didn't think of. Although they could just up the zogbot bennies in other areas to make up for it. There's no shortage of possible things they could come up with to incentivize people to join the military.

>>27782018
To that powers that be, that's seen as a good thing. Before theyt just passive-aggressively disliked blue-collar people. Now the operating assumption is that any blue collar white is a neon-nazi terrorist because some people entered a building and walked out with a podium

[Anonymous No.27782244]

>>27780352
>>27779254
There will be zero accountability to provide an education that actually gets you a job at that point.

[Anonymous No.27782309]

>>27779977
>Why can't they reimburse me for my college expenses after the fact? I'm not dead.
This.

[Anonymous No.27782324]

>>27782240
Amazing that they used to be the working man's party that would quietly push for social issues on the side, now it's all social issues.

[Anonymous No.27782453]

>>27781933
GI Bill isn't just free tuition though, it's tuition PLUS housing allowance. I live in Phoenix so I get $1948 a month (tax free) for housing allowance while in school

[Anonymous No.27782565]

>>27780227
>>27780417
>>27780581
>>27780757
I have an actual solution.
Anyone with a federal student loan can either opt to pay the minimum payment, or a percentage of their income, whichever is smaller.
If someone chooses to pay from a percentage of their income then their minimum payment is deducted from the total loan but the issuer of the loan only gets what the person paid as that percentage of your income.

If your college education didn't actually do it's fucking job and GET YOU A JOB, then they end up getting NOTHING. Higher level education will be fixed overnight.

[Anonymous No.27782628]

>>27781890
Here's my million dollar idea. Forgive student loan interest. People don't feel cheated for being responsible and getting loans and it'll also help the people that need it the most.

[Anonymous No.27782688]

While we're on the subject of college education, why not just LIE ABOUT IT on your CV when applying for jobs? No employer (besides gov't jobs) ever demands to see your transcripts. Not once have I ever been asked by an employer to prove I went to this undergrad or that grad school.

Obviously there are exceptions. Any job that requires licensure by a regulatory board is out of the question. You're not going to be able to lie about having a degree in something like medicine or nursing or law. But let's be real here, the vast majority of jobs out there do not actually require specialized knowledge or a professional license. And plenty of things like math and physics can be self-taught on the internet.

If I were a kid coming of age nowadays, I'd probably learn programming on my own and then fake having a degree in computer engineering.

[Anonymous No.27782736]

>>27778529
Let’s be honest. 99% of the people in here who didn’t go to college wouldn’t have been partying and fucking random girls even if they had.

[Anonymous No.27782802]

>>27782688
>No employer (besides gov't jobs) ever demands to see your transcripts.
Every job I've gotten deep in the interview process for has paid outside companies to investigate everything I told them. It's totally normal for them to get that info and confirm it.

[Anonymous No.27782836]

>>27782628
I thought the same thing, but it will never be enough. I would wager too many people barely understand interest where they would care if it was removed.

[Anonymous No.27782912]

>>27778529
I’m not paying any debts again ever if they do, instead I’ll just demand bailouts and aggressively repulse any attempts to collect.

[Anonymous No.27782925]

>>27778529
The easy way to go about the student debt problem is to make it so you can bankrupt out of it. Anyone who it's crushing can bankrupt out and all the cry babies who worked through college don't feel hard done by.

[Anonymous No.27782983]

>>27782802
I've completely lied about past work history, for things like getting that first post-college job (where nobody wants to hire you due to lack of experience) or to hide employment gaps (because god forbid anyone takes time off until they're a 70 year old skeleton). I've never had any issues result from this. I think you far overestimate the ability of employers to actually dig into your past.

[Anonymous No.27782995]

>>27779642
MMT says that taxes determine the main currency, in other words, crypto-as-a-currency will not become a thing, as long as you need to pay taxes in USD.

[Anonymous No.27783003]

>>27782836
Aka niggers and beans

[Anonymous No.27783021]

>>27781347
>2) have the government set caps on the number of students allowed to enroll in specific degrees, based on the job field and the realistic number of people needed for that role. We don't need millions of students with bachelors in anthropology. This would probably lead to problems akin to those of the USSR's command economy in not accurately matching supply to demand, but it's still certainly better than the situation we currently have. It's effectively what certain institutions already do as well. Like how the AMA keeps strict controls on how many students can go to medical school, so as not to flood the market with doctors
If you're doing that level of control might as well just ban most social sciences.

[Anonymous No.27783022]

That is a BULLISH signal on Monero.
You guys gonna be more taxed than I am, fuck you ameriburgers.

[Anonymous No.27783076]

>>27782925
The freeloaders dont want to go bankrupt. Itll never be enough.

[Anonymous No.27783093]

>>27782983
I'm a software engineer and it costs them nothing to pay someone to do a background check so it is standard.

[Anonymous No.27783194]

if they forgive student debt who pays for it?
all of these 'fixes' just end up lumping shit back on the middle class. until rich people are actually held accountable in the same way the middle class is america is just going to keep getting more fucked

[Anonymous No.27783215]

>>27782688
They don't mention it but they run it through automated systems. Every serious employer does. You might be able to fake your way into a startup this way (but they're probably hiring cheaper people anyways). But a bank or medium sized tech company? Its automated man.

[Anonymous No.27783256]

>>27778529
lmao if there's one thing that snaps ol' joe "never forgive, never forget" biden out of his alzheimer's fog, it's any mention of student loans
this was a pre-election promise made strictly for votes and nothing else

[Anonymous No.27783306]

>>27783194
They hate the middle class. The middle class votes for the other team. The middle class is white. Theyre the enemy to them.

[Anonymous No.27783327]

>>27782836
>>27783076
I don't think you understand how dire the situation is for some people. Yes, people will always complain but once you sort out the real problem cases it's no longer the extreme burden on society and the economy it once was and you can go back to ignoring them.

[Anonymous No.27783343]

>>27783021
good, fuck em. social science academia is a rent-seeking racket.
Just think about all the time in college (and therefore years in college) you spent just doing required elective credits in bullshit "easy As" like anthropology or psychology or whatever the fuck. God forbid someone just do the core classes for their major, like a biology student just doing gen chem, organic, bio, physiology, biochem, etc and either taking fewer credits per semester or being able to earn a degree in 2-3 years rather than 4. Instead unis are bogged down with these bullshit make-work meme fields and then students are forced to choose a bunch of them just to pad out the time.

[Anonymous No.27783448]

>>27778981
If they do it, it will be to bail out roasties who hold 2/3rds of the student debt.

[Anonymous No.27783479]

>>27780701
Congrats on making it. You deserve it for being smart enough the play the system. 2020 has shown me to stop trying to be "responsible" and instead just bet on the people of this nation becoming dumber and more easily manipulated by free handouts and cheap shit.

[Anonymous No.27783480]

>>27783343
It's exactly what the soviets wanted us to waste time doing.
China is the exact opposite where they give everyone an engineering degree, so they can build 1000 bridges overnight (but 10 fall over).

[Anonymous No.27783646]

>>27781347
The government doesn't need to control students. It just needs to stop guaranteeing loans for people to get worthless degrees.

[Anonymous No.27783778]

>>27779827
>A better life for the next generation
You think forgiving some debt will fix this problem? They are still giving out student loans to the same morons who will be crippled with debt their whole lives. Should we just forgive that debt too? How about we forgive credit card debt, why should people have to pay their credit card bill if they don't have to pay their student loan bill? Or, they could just shut down the catastrophe that is the student loan machine. That would make colleges affordable again and prevent the creation of new debtors. THEN, we can talk about forgiving debt, but it's still a shitty deal for the taxpayer.

[Anonymous No.27783845]

>>27783215
They would mention it, as they're legally required to. When employers do background checks or use a 3rd party to do it, they need to specify exactly what they're checking. And if you get rejected based on a background check, this needs to be disclosed as well, legally.

I still don't actually believe they verify most education. I have a fucking doctorate and my job never checked it (I have a professional license though, and the state boards do require transcripts, so it kinda goes without saying for what I do).
And even if you theoretically would get caught, it wouldn't be until after they had given you an offer. Employers don't check until the end of the hiring process because it's too expensive to bother doing it for candidates earlier on. And even if they did find out you're lying, oh fucking well. On to the next one. You really lost nothing by trying.

[Anonymous No.27783934]

>>27783646
I agree, I'm just saying those are the only two possible avenues they could take. Your example being #1 that I mentioned.
But the point is that neither thing will ever happen. Just like we'll never stop giving nigs gibs and women alimony

[Anonymous No.27783974]

Buy the dip, tard
>they told more and more
Then shill this trash on /biz/
>fine I have bot ocean subscription and use bots for trading and less risks on DEX

[Anonymous No.27784340]

I know the feeling bros. I went to Morehouse college and graduated just the year after Robert Smith was going to pay off the entire graduating class student debts. I did well in school and never had to take out a loan, so I'm glad others won't be so impacted by the debt monster as well. Maybe I haven't learned to value money yet, but I do understand the burden of debt and how much it crushes true savings.

[Anonymous No.27784383]

>>27779642
Appearances.
They'll credit themselves financially and clear themselves as well, who cares what the reality is, I'm sure this has happened constantly.
>>27783778
Bankruptcy is always an option for credit card debtors, same with mortgage holders (and writers, for that matter), and not even just chapter 7.

I don't see what you're freaking out about, what are kids with no family supposed to do, work a job 5-10 years just to go to city college for 2, and another 30 to go to university for another 2?
It's just untenable without offering debt, and a nation only builds power in an information economy by actually educating its citizenry. Again granted the US is a major exception to literally every financial rule we set for the world, but not every financial rule period, so no we can't just turn off student loans.

But you know what we could do, we could shift the liability for the loans onto the universities and require them to accept it, and forgive a portion of it for incentives (job placement for graduates and alumni, high retention and transfer-up rates, etc.). It would naturally cost-control a lot of things inflating tuition and then students could actually get a part-time job to pay for school while there.

Or we could just dissolve social security. Because fuck social security.

[Anonymous No.27784419]

>>27780063
So would you support giving $50k to everyone who's gone to college in the last decade? I kept my debt low and paid off my loans, why don't I get $50k?
Fucking retard

[Anonymous No.27784424]

So when a government just continually starts handing out free money to the plebeians it's unironically game over right?

[Anonymous No.27784590]

>>27778529
I got a bs in science and partied my ass off, barely took it seriously. That said, these loans are clearly predatory and a responsible nation would wipe the whole slate clean for the sake of the economy. You don't hate the economy, do you anon?

[Anonymous No.27784629]

PSA Bitcoin is unconfiscatable

[Anonymous No.27784776]

>>27784419
Did you write off that interest payment on your taxes? Did you still get the loans?
Could you have used the loans at max and payed them off just putting them in a damn index fund?

Stop crying without lobbying for a solution for yourself that helps you instead of shitting on everyone that isn't you. I personally am happy they're paying some of my loans off, because I'm also taking those loans and paying my Roth IRA with them.

You can't say your unsub loans weren't able to give you profit, and you can't say it was "responsible" to not take the cheapest, easiest, credit building debt you could ever get your hands on short of a mortgage or auto loan.

The fact that the loans are forgiven are an afterthought to people who actually used them well in the first place, your only (good) potential argument is that you deserve a tax credits for the loans you even did choose to take.

[Anonymous No.27784832]

>>27784419
Because you paid them off retard. This is to stimulate the economy. Stop being selfish

[Anonymous No.27784998]

>>27778529
>partying, fucking
If you didn't do this before you wouldn't get to do it at college either.
>studying
If you like the pursuit of knowledge, I guess? Just study something at home lol.
>and getting a magic piece of paper that puts you far ahead in life
Really bro? You know the answer to this one, not even going to waste my time. Do you know how many of those college kids would love to trade places with you now?

[Anonymous No.27785005]

>>27784383
It shouldn't be a necessity for every average joe to go to college. The only reason it's become a necessity, is because student loans have caused an oversaturation of college grads. Anyone who has been to college and isn't totally full of themselves knows that the integrity of the programs has taken a steep dive. My professors even mention it sometimes. They've lowered the standards as much as they possibly can and people still fail. So the degrees lose their value, even though they cost more than ever. So now we have a bunch of self-important morons walking around with degrees in useless subjects, all because the universities wanted that sweet student loan money.

The liability needs to be shift onto the money-lenders. It's their profession, they are the ones who should be responsible. The universities would need to have their own banks to handle the loans themselves, that doesn't make any sense. Force the money-lenders to take the risk, and only the best of the best will be able to get loans. Universities will shrink and keep only the most skilled faculty. Quality of education will skyrocket. And most of us won't have to spend 100k and 4 years just to prove that we can use Microsoft Excel.

[Anonymous No.27786022]

Edfag here. Student loan forgiveness ALREADY exists in a variety of methods. Anyone who is not capable of taking advantage of one of these methods overpaid for their degree, and really doesn't deserve one anyways.

For example, Look at the PAYEE system where payments are linked to your income, and there is NO limit on interest paid, and after a certain number of payments, ALL balance is waved afterwards.

>>27779139
The CLAIM is that a law already exists that can do it. The obvious followup is what happens to the money? Are all the loan providers now out 1.7 trillion? Do they get made whole from the governement? I suspect that an EA is not enough to suddenly spend 1.7 trillion fucking dollars.

>>27778994
Dumb frogposter.

>>27779254
We're already WELL into moral hazzard territory anon.

>>27779827
A better life would be taking advantage of incredible advances in technology to make school CHEAPER, MORE EFFICENT, MORE EFFECTIVE. This proposal is SHIT.

>>27780151
They're wrangling the details. Income cap last I heard was 125k a year.

[Anonymous No.27786158]

More edfag here.

>>27780227
Partialy agree. Student loans should be an INVESTMENT. We should be expecting a RETURN on the investment.

>>27780417
Absolutely. Right now we have some "student" who have zero ability to do third grade math getting full student loans. They know they have no hope of graduating, and are just trying to extract as much money that they will never pay back.

[Anonymous No.27786193]

>>27778529
We're not even getting the 2k stimulus lol you retards are delusional if you think anyone is getting a dime towards their student loans. Biden's literally the guy who wrote the bill that made student loans exempt from bankruptcy he's not gonna do shit lol

[Anonymous No.27786264]

>>27781347
Another possibility is that we see an explosion of student loan defaults that crashes the system, real estate crash styel.

[Anonymous No.27786337]

>>27778529
based Biden, student debt is almost solely held by upper class kids. Tax the working man pay for my 4th useless minor.

[Anonymous No.27786365]

>>27786193
>Biden's literally the guy who wrote the bill that made student loans exempt from bankruptcy he's not gonna do shit lol

[Anonymous No.27786430]

>>27786365
I think he just backed it.

[Anonymous No.27786485]

>>27778529
Don't worry. This will only be for black people.

[Anonymous No.27786694]

>>27781092
>This is reasonable except I don't think it would be voted for since, once again, it's easy for someone to call it cruel as the Dems would just say 10% of someone flipping burgs is just too much.
But the idea s that the 10% is less than what they would be paying on minimum payments for the loan, which is why they would choose to take the deal.

[Anonymous No.27786747]

>>27786365
>politicians don't lie or switch stances when it's convenient

[Anonymous No.27786820]

>>27784998
>If you didn't do this before you wouldn't get to do it at college either

This is simply not true. Everyone I knew at college got laid

[Anonymous No.27786906]

>>27778529
I paid off mine already. I could have spent that money on crypto instead and be retired by now. Fuck.

[Anonymous No.27787070]

>>27781349
This. Well said.

[Anonymous No.27787110]

>>27779385
>This, I'm fucking pissed they are gonna pull this. I feel like going out and taking $50k in student debt to start my masters if they are gonna do this. Why am I punished for working my ass off to pay for college?!
>inb4 only applies to loans taken before 2020

[Anonymous No.27787168]

>>27778790
pure honkhonk and brrr timeline
ifyou dont (peacefully) riot (in minecraft) because of this you desrve it

[Anonymous No.27787220]

>>27781431
What is a distributed ledger that would pick right up from the last block?

[Anonymous No.27787451]

>>27784998
>we're just better than you
>you could just do it at home alone lol
No I don't know how many college kids would love to trade places with someone that has no degree and worked like a slave for apparently not much. Please let me know if you know anyone master

[Anonymous No.27787513]

>>27780757
Well the cheaper alternatives weren't all that great in my state. That's kind of the problem. I wish I would have done electrical though. Oh well.

[Anonymous No.27787737]

In principle I know it's a retarded idea, I agreed to the loans and although I was young and naive I wasn't fucking mentally handicapped so they're my burden to bare. In practice, gimme that 50k my nigga I don't give a shit about anyone else.

[Anonymous No.27787958]

>>27778529
brb taking out 50k loan

[Anonymous No.27788018]

>>27787737
based

[Anonymous No.27788189]

>>27781796
>China only ever internally collapsed and redistributed its own power over 5,000 years
There was no single state encompassing the entirety of China as we know it today until the last century. You are massively oversimplifying China just like every western historian does.

[Anonymous No.27788275]

>>27778529
how about these fuckers give me the 2 grand they promised

[Anonymous No.27788300]

>>27779718
>He thinks they care.
>He thinks the media won't cover for them.
>He thinks anyone dissenting won't be crucified and called nasty names
>He thinks Clown World can be stopped

Ahh to be young and naive again.

[Anonymous No.27788331]

>>27779341
more like
>want to kill people nowhere near the track and well into the future that could have been saved and did not choose to be on the track?
I mean, why not forgive credit card debt and mortgages?

[Anonymous No.27788381]

>>27787737
This. I don't give a fuck about this country. Print the money so I can buy more stocks.

[Anonymous No.27788516]

>>27778529
I support anything that hastens the death of the USA.

[Anonymous No.27788633]

>>27781205
That's what the anon was trying to convey to you my friend.

[Anonymous No.27788679]

>>27788516
Honestly even more based than my take

>>27788300
When the fuck did Clown World even start? Has it always been Clown World? I swear to god when I was a kid things were grounded and normal. I hate Clown World.

[Anonymous No.27788708]

>>27778857
They will settle on $500

[Anonymous No.27788719]

>>27785005
The problem to me is that universities inflate tuition prices, which causes more reliance on funding, which causes more reliance on admissions, causing more expenses on universities.

If they aren't partially on the hook for the tuition (such as locking the tuition until the loans are paid, for example) they could simply keep doing this. They even issue their own bonds or have cities issue bonds to finance and fund them, so a problem for getting capital isn't the issue, especially if they're a public college or university.

Money lenders themselves definitely should see their pay locked too. We really should tie the payment of loans to the fulfillment of the purpose of the loans.

Or people could just take the maximum loan per DOEcredit they get and toss that into a Roth IRA or even just a taxable brokerage account, put it in an index fund, and use the proceeds to pay a student loan off. It's what I did with my excess tuition until the military's program got me out of that too (plus sweet GI bill BAH 402G and TA, yum).

Personal finance isn't hard, and sure people "should" be making investment choices that pay their liabilities off from the earliest possible age.

But for a debt that's totally secured against a person's future, if the product that the loan was used for doesn't even help secure that future, then what's the point?

And since we're at this point in time, forgiveness and a credit exclusion or deduction to help pay off those loans to "responsible" people who didn't take the money would be plenty reasonable, seeing as most people don't even write off everything they could above or below the line already. Might even get people to consider an actual interest in personal finance, investments, and proper tax preparation.

Lots of ways where forgiving student loans could work, and the moralization argument isn't gonna shoot that down, neither will an economic argument if it's taken seriously.

[Anonymous No.27788801]

>>27785005
Also I agree it shouldn't be a necessity, but it is, that or trade school, and over-saturation has already occurred, so what do we do about it now besides this?

[Anonymous No.27788808]

>>27778529
>>27778790
fuck you

>>27778857
this

[Anonymous No.27789186]

More edfag.

>>27781933
Clever anon. The ROTC and millitary recruiters are secretly diamond mad about this proposal.


>>27782565
This is actually a proposal that's being tested. Not sure how well it will work, but it hasn't crashed and burned yet. Problem. It conflicts with colleges that let everyone in, and THAT is not acceptable to these fucks either.

>>27788719
There's one more problem to add to that shitpile and that's the scope of colllege has dramatically expanded to be both a social welfare organization and a political advocacy organization. The state paying it's employees to advocate for a specific political direction is an absolute self driving trainwreck.

[Anonymous No.27789236]

>>27786022
>didn't know jack fucking shit about finances when I ran out of money and got kicked out of college with no degree
>did the bare minimum research, found out about income based payments, applied for it
>NEETed for about six months, been wageslaving to get back to school for two years now, finally made it back this semester
>Only $258 interest accrued
Sometimes, the gains you really make are the losses you avoid.

[Anonymous No.27789289]

>>27779385
Literally what I did (except not 50k), I graduate in June with an MA in Applied Econ

[Anonymous No.27789391]

>>27778529
lol get fucked

[Anonymous No.27789401]

>>27778790
lol then you're retarded. I took out excess loans and have made minimum payments for the last 3 years. This was obviously incoming. Don't be stupid. Think ahead.

[Anonymous No.27789429]

>>27788708
LMAO, too true

[Anonymous No.27789571]

>>27778790
same here and I served to get the GI bill. all the fuckups are forgiven while I sit here with scars and bad dream.

clown world.

[Anonymous No.27789585]

Nigga I will take every hand out I can get.

[Anonymous No.27789645]

fuck off. your still gonna pay regardless or have a better job still. that shit is not gonna happen.

[Anonymous No.27789697]

>>27778529
>cancelling debt
Weimerican Zimbabwe when?

[Anonymous No.27789920]

>>27787737
>>27784998
>>27789391
>>27789585
Literal reddit niggers! Actual niggwrs These are the pieces of shit leaches getting all the gibs. Sure wonder why the world is so fucked.

[Anonymous No.27789947]

>>27789920
you can get fucked also.

[Anonymous No.27789992]

dont forget to pay your crypto taxes this year!

[Anonymous No.27790088]

>>27778529
Good. I hope he does. I hope all this shit fucking happens.

Look up SLABS.

[Anonymous No.27790134]

>>27789920
Seethe nigger

[Anonymous No.27790249]

I lived like a pauper to avoid debt and went to a shittier school than I should have. I should've just gone to a party school.
I'm just going to stop paying my taxes in minecraft.

[Anonymous No.27790252]

>>27779170
kek

[Anonymous No.27790278]

>Grow up poor
>Time for college
>Somehow, you have to qualify under your parents for Financial Aid.
>Combined income for parents is above threshold somehow
>Meanwhile, friends with parents that work under the table or get paid in tips get financial aid, all while they take advantage of government programs and all have new cars
>The military will help
>Join the reserves, get $250/month...
>Go to community college for 2 years
>transfer to CSU, $250/month isn't enough as tuition is now like $2.5K/semester and rising.
>Get a $5K loan, pay one semester, invest the rest in BAC. Double my money.

[Anonymous No.27790289]

>>27789289
fuck you anon. how much debt do you have

[Anonymous No.27790314]

>>27784832
>Stop being selfish and gimme 50k no you don't get any
Gay
A lot of people don't go to college entirely because the loans make is prohibitively expensive. They take a huge time and opportunity cost in not doing it. Not giving them 50k is cruel to them.

[Anonymous No.27790396]

>>27790249
If there’s forgiveness it’s not gonna be much. Democrat mouthpieces are signaling as much.

[Anonymous No.27790555]

>>27780063
Plebbit invasion is here, folks. Hope the Pajeets do their job and burn these fuckers

[Anonymous No.27790667]

>>27790555
trips of truth

[Anonymous No.27790741]

>>27789947
>>27790134
You will never be white dirty leach bottom feeders. Kys

[Anonymous No.27790883]

>>27778529
The real solution is making bankruptcy laws for student loans more in line with bankruptcy for other reasons. It’s a very high standard to discharge student loans in bankruptcy.

[Anonymous No.27790934]

>>27781431
You think the global (((banking))) sytem doesn't run on technology?

[Anonymous No.27790947]

>>27790278

How old are you? I joined the military and they paid my entire tuition to state university. Plus my dad was in Vietnam, so I got 1.5k a month for that.

>>27790741
Get FUCKED faggot.

[Anonymous No.27791007]

>>27778529
My loans are ffelp. I'll probably get left out.

[Anonymous No.27791009]

Relevant article

https://www.city-journal.org/chump-effect-of-progressive-policies

[Anonymous No.27791329]

>>27790947
That all you have to say you stupid fucking reddit nigger? legetfucked. Its not going to happen. Go die fighting in the sand bitchboy. Hope you get killed

[Anonymous No.27791360]

Go ahead Mr. President, make my day.

[Anonymous No.27791418]

>>27778857
Might be worth it for the loyalty

[Anonymous No.27791477]

>>27779341
Well the main thing wrong with this is that you can't compare debt and running people over with a trolly.

[Anonymous No.27791484]

>>27791329
Yes, it's the reason I didn't say anything else. But I'm in the air force, so I'll try my best to die from behind a computer.

[Anonymous No.27791545]

>>27778529
Fuck the fucking debtors. Bunch of freeloading fucking cucks. I sacrificed so much to graduate without debt and these fucking bottom feeding troglodytes want to get off scot-free like they fucking deserve it just because they're victims. If the taxpayers foot the bill for some trans panam roadster to pour coffee with a gender studies degree I might actually burst a blood vessel with rage.

[Anonymous No.27791551]

>>27778857
>doubt itll happen
Why do you think for second they wouldn't fleece the white middle class to pay for Xir's gender studies class?

[Anonymous No.27791635]

What do you think about binary systems? Do you know any good one on the blockchain? Found BAEXdefi (#baex), a lot of instruments, fiat, crypto, stock indices. I'm interested in their referral system, looks like a good opportunity to get passive income for your wallet. blockchain open-source code can be safe imo

[Anonymous No.27791734]

>>27778529
I have $62k in student debt. I have a vested interest in having $50k forgiven. But I voted Trump. I don't want to be paying 50% tax in 5 years and for the rest of time. This is bullshit to forgive student debt on this level, especially because while the mean debt is around $30k, the median is around $10k. The average gets thrown way up because of cunts like me who went to graduate school. You should be pissed at the Democucks.

[Anonymous No.27791786]

>>27780591
If their degrees were that beneficial, they'd be making enough to repay their loans and we wouldn't need so many H1Bs.

[Anonymous No.27792405]

>>27789571
"Served . . . to get . . ." Those words dont align. Dont delude yourself. You got a corpoglobo mercenary gig for the salary and benefits package.

[Anonymous No.27792526]

When the lightbulb was invented, did old people get mad because they had to always go to sleep at night their entire life?

when cures are found, did dead people complain because they died too soon?

Why would it bother you that student debt for people in the future are forgiven? You're arguing against human progress just because you can't cope.

[Anonymous No.27792575]

>>27790555
fucking kek

[Anonymous No.27792660]

I graduated grad school with 150k in student loans.

I worked 60-80 hour weeks, sometimes 14 days in a row 1 day off for over 2 years to pay this shit off

and ur telling me all the motherfuckers get a free ride? its bullshit

[Anonymous No.27792745]

>>27792526
Nigger. You're being racist

[Anonymous No.27792751]

>>27778790
Yeah it's time to start up a minecraft server, we have a lot to do

[Anonymous No.27792857]

>>27779139
The governments dont care for laws
Thats only for the goyim

[Anonymous No.27792898]

>>27778529
Only if you are non-binary URM POC

[Anonymous No.27792946]

>>27791484
ayy my man are you a 1b4?
Do they still hire for those? I want in for that and already have the scores on both tests for it.

[Anonymous No.27792963]

>>27792526
because i'm a tax payer and this is stealing my money to pay for irresponsible people who took out debt they could not afford?

[Anonymous No.27793009]

>>27784424
Yes. Pretty much. On the historical record, time and time again, the point where the state begins purchasing the voting populace through bribes is the marker of the beginning of the end.

The great American experiment has failed. It just goes to show that no matter what constitution binds a country together, human nature prevails in the end, always. Empires rise and fall. It doesn't matter the system. They will rise, and they will fall.

Time is a flat circle.

[Anonymous No.27793101]

>>27793028
>lol

[Anonymous No.27793118]

>>27793009
what geographical region of the US will be the best to be in when the split happens

[Anonymous No.27793121]

>>27792963
The point of taxes is to pay for every citizen in your nation, no matter what your opinion of them is.

If you don't like it, you can create your own country.

[Anonymous No.27793193]

>>27793118
Fuck if I know, dude. It doesn't even fucking matter. Your best bet is probably to move to fucking rural Russia or something.

[Anonymous No.27793200]

>>27793118
Texas probably, or Alaska if you are off grid.

[Anonymous No.27793208]

>>27778529
haven't paid any of my 9k loans, i knew this would happen

[Anonymous No.27793266]

>>27793121
>If you don't like it, you can create your own country.
>Don't like the election day results? Just flood hundred of thousands fake ballots
Lol, fucking troon. People tried to create their own country by electing Trump. You NPCs cheated your way through.

[Anonymous No.27793319]

>>27793009
Pajeets call it the Kaliyuga

[Anonymous No.27793340]

>>27780960
>1k
I remember $10 days faggot, but it seemed like such a retarded idea and a waste of money
of course we know differently now and I wanna kms

[Anonymous No.27793357]

>>27789992
dont know how lol

[Anonymous No.27793381]

>>27778529
I hope he does. Fuck it. Money is fake anyway. He can't print btc.

[Anonymous No.27793435]

>>27792526
Reddit and twitter just love making these terrible analogies. The classic midwit defense mechanism, I'm in my 20s is that old to you? This means I will get a free 50k now in my life later on, just like
>old people that got lightbulbs later on in life
But it doesn't work that way does it? Because its all about you, your bad decisions and money management falls on everyone else and just deal with it bro. Fuck everyone that paid them off fuck everyone who couldn't even afford a loan because gimme my gibs.
>I didn't even know the loan I signed! Please forgive!

[Anonymous No.27793437]

Nice my compsci degree is now a non-issue.

Thanks for holding my bags, loyal taxpayers.

[Anonymous No.27793561]

>>27778529

It is so weird to see people out of uni complaining about 5 figure loans
>on biz of all places

People here flip 5k to 50k in 30-40 days with the skillset from uni. I have never been more embarrassed to be part of this cola cough medicine enthusiast board

[Anonymous No.27794081]

>>27793266
True, and what are you gonna do about it?
I lost, you lost, we lost.
Now make the fucking most of it and stop crying like a fag, you fucking fag.
Take advantage of the loan forgiveness and say something like "it's not very equitable to me as a POCDemiotherwhatfucker that I don't get a deduction or some shiet."

But let it the fuck go with that. /biz/ used to be a haven from nu/pol/.

[Anonymous No.27794099]

>>27781890
i kinda feel bad for people who don't have an interest in a lucrative field. like i feel lucky i actually enjoy programming. but if i happened to have a passion for anthropology or maybe just no passion i don't know what i would do. i feel like i was very close to being like that but i lucked out and found something i can enjoy and make money from. i guess i would just get some random job i could be comfortable with and live within my means. i don't need much to be happy anyways. thanks for reading my blog.

[Anonymous No.27794277]

Lmao burgers printing money non stop to keep this scaharade on , i do home murica burns to the ground till 2025

[Anonymous No.27794329]

27793561
>The systems working perfectly fine goy. what's the problem? We flip 50 to 100m everyday on the 4channel.org business&finance sub!

[Anonymous No.27794716]

>>27789236
You keep at it anon. And you should be starting on your job hunt for your first job out of college. Hopefully with work experience you can relate to get an edge on all the people who have a degree but no practice.

And don't underestimate the people factor.

>>27792526
Because colleges are fleeing full speed ahead from being learning institutions and places where people train, and have their expenses skyrocketing, when info tech SHOULD be making all that shit cheaper. And that is ONLY possible because of the student debt bubble.

[Anonymous No.27795696]

>>27779507
good on you, now you need to sell at some point, or will you ride it down 90% like the previous cycle...realized gains is what matters

[Anonymous No.27795749]

>>27778529
I just paid my college debt all off. FML! THIS IS SO UNFAIR BROS

[Anonymous No.27796058]

>>27791545
Best thing about it is that none of you have the spine to do anything about it. A man gets fucked by his government for the hundredth and all he can do is quietly seethe in his own home for the hundredth time. These freeloaders are gonna get away with it and you'll let them.

[Anonymous No.27796461]

>>27795749

[Anonymous No.27797272]

>>27794081
>True, and what are you gonna do about it?
Just not pay taxes. What are they gonna do, send you letters? Worse case, tax man gets minecrafted.

[Anonymous No.27797622]

> Went to college and law school.
> Invested in crypto with all my summer job money during law school
> have a good job paying in the top10% for my age
> have 20k link
> been paying 1150 a paycheck into my student loans. Down to 79k from 110k just during the pandemic.
> based Biden gonna get forced by Dems to forgive 50k of my loans
> know I easily have the highest networth in my graduating class.
> going to make it within a year and never have to practice law again if I don't want to.
>feel good to be high IQ

[Anonymous No.27797928]

>>27778994
Minority here, that would be fucking sweet, but I'm still voting Trump though. Fuck, after what's already happened this year I almost feel like being one of THOSE GUYS that won't shut up about supporting Trump. We are headed for a fucking dystopia otherwise, God I wish the schizos are right.

[Anonymous No.27798049]

>>27778955
Of course. He needs something to get himself re-elected in 2024

[Anonymous No.27798097]

>>27796058
>These freeloaders are gonna get away with it and you'll let them.
The voters might let them get away with it, but the principles of economics won’t. Fifteen dollar minimum wage, plus mega-inflation, plus more debt than any nation in history... this experiment is going to fail quick. Americans will want to know “who’s to blame...”

[Anonymous No.27798116]

>>27778857
This
They'll use this for the midterms to get the midwits to flock to the voting booths.

[Anonymous No.27798162]

Fuck you too man. I'm too low IQ to graduate and earn a living, unlike you. Just let me party and kys

[Anonymous No.27798184]

>>27778529
Just turn the interest off

[Anonymous No.27798194]

>>27794081
Society collapses, simple as. Nothing is too big to fail. Civilizations have came and gone.

[Anonymous No.27798335]

>>27778529
Basically yeah. Imagine paying student loans the past 5 years LOL just pay the absolute minimum

[Anonymous No.27798354]

>>27793101
This is just sad. Not even funny.

[Anonymous No.27798361]

>>27778790
I'm in college right now. Only 8k in debt, looks like I might only have to pay 4-5k after I get my degree which will take me maybe 2 months to pay off if I don't sell any of my assets. Laughing at the retards who already paid of their debt instead of waiting and the ones who are somehow 20k+ in debt.

[Anonymous No.27798427]

>>27778529
another way of getting the same effect might be to look closer at dHEDGE, iykyk

[Anonymous No.27798647]

>>27782565
>do it's fucking job and GET YOU A JOB
>It's too hard to start a LinkedIn
HR bitches love linkedin I just setup one of those and had a job within a month. I have an arts degree and now run a QA dept.

[Anonymous No.27798706]

You could already do this if you lived in a developed country instead of the shithole that is the US

[Anonymous No.27799014]

I paid off my student loans instead of buying land. Do it and see what happens.

[Anonymous No.27799129]

>>27793121
you mean the hundreds of thousands of immigrants that sleepy Joe wants to inject into the country when we're already dealing with unemployment and homelessness?

[Anonymous No.27799206]

>>27789401
If you think this will get passed you're the actual retard.

[Anonymous No.27799412]

>>27778529
>fucking
lol

[Anonymous No.27799531]

I went to a top tier art school for an MFA. Took out $100k in loans. Fucked, danced, played every day. Worth every cent. Now it turns out most of debt gets forgiven? Love this world!! The more you take the more you get. :D

[Anonymous No.27799665]

>>27780063
Give me $50k too and we call it even

[Anonymous No.27800030]

>>27778790
>“There is nothing more ridiculous than a serious man in a clown world”
Responsibility is not rewarded in this world, you unironically made the worse choice

[Anonymous No.27800550]

>>27778529
There should be riots of the people who paid back their loans or never even went to college because they couldn't afford it. But those are responsible people, and of course they will take it like good little boys.
That's how it always goes. The stupid, violent fuckups get pandered to and the law-abiding responsible citizens have to pay. Maybe it's time to host a Minecraft server.

[Anonymous No.27800624]

>>27778790
Maybe if you spent your youth doing something other than soulless wageslaving you wouldn't be so bitter