Will Biden Cancel Student Debt?

[Watchmen]

To all the people who get student loan relief, You’re welcome.

Signed,
Taxpayer Watchman

 

[Estro Felino]

Please let us consider the return on investment value of public spending, how much more would a vocationally trained professional earn and be mandated to pay in taxes compared to somebody without any vocational sills?

The neo-liberalist doctrine is suicidal.
In other words the lounge-loving and carefree politicians who want the State to implement merciless and cold-hearted neo-liberalism, are committing a slow and inexorable suicide.

Because, by playing monopoly with real money, they are gaming with real lives, destroying the small entrepreneurships.
Which will result in less and less consumers.

And if people are less and less rich, the income taxes will decrease, as you rightfully highlighted.

Result: less and less money in the Treasury.
Less and less money in the banks
They are so suicidal.
So many banks are going bankrupt because of this.


On the contrary...by pushing for free university, people will get to well-paid jobs and this implies lots of money in income taxes.

 

[Clizby Wampuscat]

President Biden is considering having some student debt forgiven. He is considering student debt of less than $50,000 per student be forgiven by executive order. My daughter has approximately $20,000 in student debt that we'd like cancelled, such debt forgiveness will help many debtors financially get rid of our student loan debt thereby helping us pay off the cost of other soaring bills due to inflation. Please urge President Biden to forgive up to $20,000 for each student's loan debt.

No one forced your daughter to take the loans. If my mortgage was paid off it would help me with my soaring bills as well. Why should student loan debt be forgiven but other loans should not?

 

[Clizby Wampuscat]

To all the people who get student loan relief, You’re welcome.

Signed,
Taxpayer Watchman

I would not wait for a thank you.

 

[Watchmen]

I would not wait for a thank you.

Oh I don’t expect a thank you. That’s why I started with the preemptive “you’re welcome.”

 

[Revoltingest]

The neo-liberalist doctrine is suicidal.
In other words the lounge-loving and carefree politicians who want the State to implement merciless and cold-hearted neo-liberalism, are committing a slow and inexorable suicide.

Because, by playing monopoly with real money, they are gaming with real lives, destroying the small entrepreneurships.
Which will result in less and less consumers.

And if people are less and less rich, the income taxes will decrease, as you rightfully highlighted.

Result: less and less money in the Treasury.
Less and less money in the banks
They are so suicidal.
So many banks are going bankrupt because of this.

I don't know what those labels mean to you.
Express it more clearly?

On the contrary...by pushing for free university, people will get to well-paid jobs and this implies lots of money in income taxes.

Not all degrees are useful.

 

[Estro Felino]

I don't know what those labels mean to you.
Express it more clearly?

This is clear
Neoliberalism - Wikipedia

 

[Revoltingest]

This is clear
Neoliberalism - Wikipedia

OK.

 

[Suave]

I have a great idea that can benifit the country and the person.
Join the military, after 4 to 6 years get out and use the GI bill to pay for your education.
Heck who knows, they might even learn a trade while in.

Unfortunately, many who can work as civilians are unfit for military service like flat-footed people or persons with bone spurs.

 

[Suave]

No one forced your daughter to take the loans. If my mortgage was paid off it would help me with my soaring bills as well. Why should student loan debt be forgiven but other loans should not?

Because tax -payer funded higher education results in higher incomes thereby generating more tax revenue to pay the costs of a higher education that should not be funded by students suffering the financial burden incurring personal debt,

 

[esmith]

Unfortunately, many who can work as civilians are unfit for military service like flat-footed people or persons with bone spurs.

Medical problem that disqualifies them for military service disqualifies them.
But there are considerably more high school students that could use 4 or more years in the military.

 

[Twilight Hue]

Roads, schools, parks, libraries, museums, fire departments, etc. are so ghoulish and ghastly!

It is very ghastly.

Democrats like to put most of it in general funds to pay off their benefactors and wallow in pork barrel slime.

 

[Revoltingest]

Unfortunately, many who can work as civilians are unfit for military service like flat-footed people or persons with bone spurs.

& asthma.

 

[Suave]

Medical problem that disqualifies them for military service disqualifies them.
But there are considerably more high school students that could use 4 or more years in the military.

I favor soldiers being highly compensated for their military service as well as universal tuition free higher education,

 

[Suave]

& asthma.

I suspect Biden faked asthma for a military draft deferment, He apparently never really had asthma, his lack pf being asthmatic was evident by his lack of any asthmatic symptoms while he was a life-guard who fought Corn Pops.

 

[Shaul]

By what metric is the American model better? That sounds like a personal preference rather than one based in real-world data.

I'm not a student anymore, nor was I "spendthrift" when I was one. My family paid for my college education (since free education can sometimes, depending on field of study, be hard to qualify for where I live), and we could barely afford it at the time. No room for overspending.

Shaping your views around so many stereotypes probably isn't the most solid foundation for them.

The American financial market is the largest in the world.

Since you weren’t a spendthrift then my comment wasn’t about you. Since your family paid for your education then my comments obviously don’t apply to you either. Take the chip off your shoulder.