Bernie Sanders unveils plan to cancel all $1.6 trillion of student loan debt

wtva.com/content/news/511736312.html

>Sen. Bernie Sanders unveiled a plan to cancel $1.6 trillion of student loan undergraduate and graduate debt for approximately 45 million people. His ambitious plan has no eligibility limitations and would be paid for with a new tax on Wall Street speculation.

I busted my ass at work and took risky investments so that I could pay off my $180k in student loans in under 2 years. Meanwhile, Katie will have her $200k student loans for a useless degree totally forgiven.

Who does this kike think he is?

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Even if he gets elected, this will never happen in a million years. Just like the wall.

Based

>I busted my ass at work and took risky investments so that I could pay off my $180k in student loans in under 2 years. Meanwhile, Katie will have her $200k student loans for a useless degree totally forgiven.
Sounds like if it was up to people like you, we'd never have cryptocurrency because older generations had to slum it with fiat so it "isn't fair" that there's maybe something better. Go to hell, boomer.

and that's how you ruin financial discipline of a country.

Can't wait to see it.

You made a poor decision and paid the consequences for it so now everyone has to go through the same stupid decision as yourself?

I paid off almost half of my loans with crypto profits you poorfag.

That's not fair. I paid off my student loan before cryptocurrency took off, and you get to pay yours off because of some ridiculous ponzi scheme bubble? Who do you think you are?

>Its only okay if we spend trillions bailing out mega corporations, we cant help out our citizens that'd be insane!
god i hate libertarians and neo cons

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IMAGINE paying off debts or keeping more than a few hundred in fiat in 2019
get all-in on crypto and gold and sit back and watch these fucking retards burn down their centrally planned system and with it (((their))) power

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I'd get it if he were to talk about paying for college, but no, he's talking about waiving student load debt? fuck that. that money was borrowed. if you don't want to be responsible for paying off a loan, don't fucking take out a loan.

God. I wish. I was putting in close to $4,000 a month on those loans. Imagine if I had bought only bitcoin and ethereum during that time period (2016 and 2017).

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If you dont want to risk not being paid back dont give out loans in the first place chief!!!

fake and gay

He'll never be elected, let's be real.

you little wanna-befag listen up, you never paid off $180,000 in loans. You are LARPing as a decent wage cuck. You sneaky bastard, you aren't going to fool me.

We haven't had financial discipline since the 60's

>>Its only okay if we spend trillions bailing out mega corporations

Nobody ever said that was okay. We want the people who recklessly spent more money than they could pay back to be properly punished for it. We also want the banks that recklessly loaned money to them, knowing they couldn't pay it back to feel the bite from that. If you can call "making tons of money but slightly less than we were expecting" feeling the bite.

I cashed out near my ATH in January 2018 and dumped most of it into the loan.

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So you didn't bust your ass. You got lucky with internet fun money.

I don't give out loans clown. whether or not you pay back your loans is on you, choosing not to has it's own consequences. I have no sympathy for you fags who willingly take out student loans, then cry about how hard it is to pay them back. yeah, no shit. it's not fun. it's a choice you made though. I didn't make that choice cause I'm not an idiot.

>jew says we need to tax whites more to pay for Niggers, spics, jews, and morons

haha based i hate capitalism we need more immigrants

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Did you miss the part where I said I paid up to $4,000 a month? That's way more than most of you poorfags' monthly pay.

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the point isn't having to bust your ass is it? it's borrowed money, the point is just paying it back before the interest eats your soul.

Did you know that presidential candidates sometimes say they will do things that they never plan on doing, because it makes the peasants cheer and vote them into power? Crazy world we're living in.

Seriously, no politician would dare betray the banks that financed his campaign. That's how you end up shooting yourself in the head 3 times and hiding the gun.

Jacobin claims that all he'd have to do is have the sec of education sign it off the books. Based on the wording original student loan bill from the 1960s.

jacobinmag.com/2019/04/student-loan-debt-forgiveness-college-bernie

Socialist Grandpa could actually do it.

Bernie's actually that crazy though. crazy enough to believe the shit he talks. he's cool about a lot of things, but not this. banks aren't financing his campaign either.

OP, you paid off your loans and are free from the eternal Jew, and you did it by honest means. That alone is commendable and you have no need to respond to the haters ITT.

>Bragging about earning about as much as a cop.
>No wait!
>He's bragging about paying 4k a month to shekelstein
Get fucked millennial. All of the zooner gang will get free college and there's nothing you can do about it.

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Who habs to pay for it :DD

Same morons that paid for the war in Iraq.

I hope someone assassinates this old faggot. If you're a brainlet that wants to take out $100k in loans for a worthless sociology degree be my guest but you're responsible for your own poor decisions. Making others support your retardation is straight nigger-tier bullshit. Holy fuck zoomers are so worthless and short sighted.

If he promises to pay for it out of Social Security funds I will vote for him completely unironically. Boomers BTFO.

the fucking difference is he isn't trying to take steal your money to pay for his shit you moron. some taxes are necessary but subsidizing taqwanda's gender studies degree shouldn't be my fucking problem

Personally, I don't think this should happen but then again I was for letting banks fall into bankruptcy and they got bailed out so why not bail out people?

Do you get this anxious about the $686 billion annual military budget that your taxes are paying for?

Would unironically be a massive boon to our housing market if these morons who were bogged by 6 figure loan debt could take on a mortgage.

I’m for it. Will never happen, but I’m for it.

Sincerely,

College dropout with 0 loan debt.

It's a good idea and would provide amazing economic stimulus. It's obviously a long shot, but one day we will elect lawmakers who support this. We'll see tuition-free university in America within our lifetimes.

>nazi blames everything on the joos
you guys lost in ww2 and if you will lose again

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>people actually fell for the college meme
Must suck to pay all that money.

The US military is pretty much a socialist jobs program.

Guaranteed funding paid by everyone (newsflash: most of us don't want to invade and kill innocent people) check.

Guaranteed public funded salaries.

Guaranteed job spot (name one person you know that wasn't a complete pajeet that was ever denied a spot in the military).

But somehow having free university so that people can access higher education and be functioning members of the free market is awful.

Fucking retarded burgers.

but reeee I want other people to be worse off than me.

Thanks to Bernie I dont have to pay back shit. Stay salty drumpftard

This
Right now our deficit is 2 trillion per year. What do we get with that 2 trillion?
>nigger welfare
>spic welfare
>boomer welfare (social security)
>Israel welfare
>foreign aid
>jew bank bailouts
>wars for Israel
>medical welfare for niggers, spics and boomers (medicare/aid)
UBI - VAT will add another 2 trillion to our deficit. Please explain the tangible difference between having a 2 trillion deficit and a 4 trillion deficit? Because it seems to me that all the cuckservatives haven't been very conservative with giving our money away freely, but as soon as Whites MIGHT get some of that money all of a sudden it's SOCIALISM! COMMUNISM! HYPERINFLATION!

Unironically just got my vote.

I hope this doesn't happen. Get fucked, you cocksucking dipshits who racked up giant student loan bills while enjoying life.

I worked while going to school and paid my shit off, eat my shit.


This is a slap to the face of people who aren't retarded.

If they're not reimbursing people who paid they can fuck themselves with a broken bottle

>Germany lost ww2
Okay champ.

Commie
Thank you. Some of my classmates bought cars or went on expensive vacations with loan money. Racking up $250k+ before we even graduated.

You pretend to be on the side of good but you're on the side of societal decline. I will entertain a discussion to fund scientific and programming degrees. I will never pay for someone to take Communications, Philosophy, Sociology, Urban Studies, Gender Studies, Music, Art, History, Art History (fucking lol), Theatre, or any other wasted humanities or art that they can just do themselves and don't deserve a share of my $100,000 extra in taxes over the course of my lifetime (which is what this will cost).

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the probability of this whole thing happening is the same as LINK reaching $1000 ?> 0%

This. The game is rigged. The Fed loans to banks at 3% and banks loan to you at an average of 17.7%. Why do we tolerate this? Why can't citizens just borrow directly from the Fed at 3%? What purpose do private banks even serve other than to fleece the people?
My point is that we already have a national bank in the Fed. All banks are part of the Fed system and rely on it to borrow at low interest rates, rates which are never available to the people. Why not simply nationalize the whole system?
This way people could directly take advantage of the low interest rates. The risk for bad loans is ultimately carried by the Fed, who simply repairs the balance sheets of big banks if they lose money anyway. So why tolerate the banking cabal?

It’s a slap in the face of a shitty system. You worked hard, congrats. I’m sure your education cost are the same as someone who studied for a PhD in neurowhateverthefuck science. The system was flawed. They shouldn’t be giving out loans of that size to 17-18 year olds, and education needs to stop being so fucking expensive. Period. It’ll never happen, so you can stop being asspained over the fact that someone might not have to be as miserable as you clearly seem to still be. If this is the mindset of a no-debt loaner, fuck me. I’ll take out two loans.

Cost of college has been rising and it’s bull shit scheme with the change of the work field since the 1950’s
This is based and what we need

Still pisses me off. Why the FUCK is this even being brought up? Don't take loans you cannot pay back, end of discussion. No ifs, ands, or buts, you will pay it until the end of life.


Treating university like some sort of fucking vacation. Suck on my average sized cock, I would have loved to own a nice car instead of a 300k mile 2001 Lexus. I would have loved to party instead of sleeping early due to having work the next day.


Get FUCKED zoomers, you will PAY UNTIL YOU DIE.

>and banks loan to you at an average of 17.7%
wut, my 15 year mortgage from 2016 is 2.85%

Sure thing, you assmad zoomer. You weren't blaming the system that was shoveling money into your kike pockets, and now you are blaming it when it's time to pay back?


Like I said, get fucked. This shouldn't even be discussed. You made the choice, and now you live with it.


I know people with PhDs who have managed to pay their loan back, what is your point? You want the government to suck your dick too while they're at it? Eat shit and fuck off to reddit.

A wise man plants the seeds to a tree he knows he’ll never see.

You’re angry because someone else will have a better life at the cost of a system that’s been bleeding people dry for decades.

Literally neck yourself, you negative faggot.

The Elizabeth Warren plan seems more realistic and that is saying something. Only 50k of loan forgiveness then it lowers based on income.

>End the FED and privatise the system
Fixed. The rest of your post is all true though.

>inb4 but the FED is """""(((privately)))"""""" owned

redpill me on student loans

how's the interest? am I better off just going to the bank for a general loan?

Why so mad fren? You’re not making any money off these loans. Let your fellow man have a break. Kiss a pretty girl. Have a beer. Chill.

Fuck you, pay your debts, you filthy nigger. Eat my shit.

I don’t have debts. I went to community college for free. I make more money than you, too. Sad and mad.

I have kissed pretty girls, girls who like men with some sort of financial backbone, men who aren't crippled by loans because they are fucking retarded and think life is a game.


Like I said before, you zoomer cock slurping homosexual, EAT MY SHIT, PAY YOUR DEBTS.

And I'm the King of England, and I have a 14 inch cock, and I have 50,000 ETH, oh yeah, I also invented bitcoin.

I also didn't take out loans I cannot pay back :)

Privatizing wouldn't work because the (((banking executives))l would just collude and we'd end up with a monopoly without even the semblance of state oversight. Forcing the fed to loan to private citizens irrespective of their political beliefs (1st amendment) is the best solution we have, besides the final one.

>Want to buy a house
>Live around 300,000 people
>Made sacrifices to be able to get the house early
>Government enables 20,000 more people around you to compete with you for the house that would have been yours
Life takes planning. People made sacrifices for a reward later in life. Tipping the scales removes that reward.

You type like an angry false-alpha. You think grinding yourself to the bone to pay your debts is MANLY.

Women like whatever you tell them to like. You’re angry and you’re insecure and you’ll never have a pretty woman love you.

Interest is actually very fair, these retarded fuckheads who thought life is a game just took too much money and they cannot pay it back. Rewarding these dipshits is just setting us up for future failure.

don't you left wingers realize that writing a blank check just enables the next cluster fuck debt spree because it sets a precedent of populist gibs mentality. a bailout cycle is unsustainable and does not fix the core issue. if the education system is flawed, let it crash, bankrupt some universities, and the market will adjust. nobody ever said that EVERY SINGLE PERSON should be college educated anyway

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>le angry
>le insecure
>le just have sex bro!

Fuck off, you npc zoomer faggot. Eat shit.

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Agreed, but the average 17 year old kid doesn’t have foresight and they’re often sold a false bill of goods with these loans. No excuse, and you should expect to repay a debt—but this game was rigged.

I didn't grind to pay my loans, I paid for my schooling (most of it) up-front. I didn't even use all of the money I loaned, because I'm not a retard with no concept of thinking ahead.

Fuck you, and fuck lazy dipshits like you. Like I said many times before, EAT MY SHIT.

Cope harder Jew boy. Dotr soon

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You make up words and talk like these zhe-gendered miscreants. That’s shitty company to be in.

It wasn't rigged, I would even say there are more 17 year olds WITHOUT crippling student loans. You just want a get out of jail free card, and you aren't going to get it my friend.

I’ll eat shit if you stop being so angry at the world. You’re definitely short too. Lol I just realized. Nvm. Gonna go now. Bye.

Go have some sex you loser.

Have 0 debt. Loan or otherwise.

And yes, there are more 17 year olds who don’t get loans. There are also more people in the world without aids than WITH aids. It doesn’t make it any less of an issue. You’re strawmanning hard.

I'll stop being angry if you stop being such a homosexual faggot. Deal?

Unironically bullish for crypto.

>I busted my ass so that I could pay off my $180k
stay cucked faggot, no one to blame but yourself

Nice dude. You fuckin got me.

Those debts will be paid, end of discussion you commie faggot. Eat shit and die a slow painful death.

LMAO!!!! Socialism falls apart when you realize its not the 1500s and you can just get up and move to a less taxing Country (plenty of 1st world countries on the market, thx Globalism xDDD). Srry Boooomers but ur bonds and stocks will get seized by Bernie when you try to Transfer them to your new Foreign bank or when you sell to fiat (even Shedule 3 banks). Me and my Linkies can move way more freely. #Multi-Mutli-Citizenship #patriotic=poor

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I'm sure you're seething, you zoomer faggot. EPIC MAYMAY

I'm down for killing bankers, I am NOT out for paying for other people's college for the rest of my life. I already paid for my own. If I have to pay for college via taxes FOR THE REST OF MY FUCKING LIFE, then I expect a fat stack of the $70k I spent plus 10 years of interest.

>don't you left wingers realize that writing a blank check just enables the next cluster fuck debt spree
We're already $21 TRILLION in debt. We have a yearly deficit of $2 TRILLION. We're already going into debt funding:
>nigger welfare
>spic welfare
>boomer welfare (social security)
>Israel welfare
>foreign aid
>jew bank bailouts
>wars for Israel
>medical welfare for niggers, spics and boomers (medicare/aid)
All you cuckservatives haven't been very conservative with giving our money away freely, but as soon as Whites MIGHT get some of that money all of a sudden it's SOCIALISM! COMMUNISM! HYPERINFLATION!

You tell em, chief. If I were president id make you general of the collection committee. You and 1,000,000 of your closest 5’9” friends would be tasked with collecting my interest on these loans.

*killing bankers in Minecraft

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>take years to finish an education trying to plan what I want to and can do and minimize debt
>lose years of experience potential in value after finally having a solid plan for a career to follow through on
>turns out after the fact I could’ve just fucked around and racked up $100k being undecided for 6 years and taking classes for funsies because it’ll get forgiven
Fucking fuck fuck fuck every time I try not to be some doublefaggot relying on gibs everyone hands them out and leave me playing the fool.

You don't have a fucking platform, faggot. no one is going after the politicians, no one is going after the banks. keep fucking dreaming and posting online about a world that will never exist for you. you're more deluded than the fucking niggers.

You’re fine with paying for my grandmothers nursing home bills? The woman never worked a day in her life, and stopped going to school in the 6th grade. She can’t read or write, and she’s had a free ride her entire life. But you’re okay with that, aye?

I'm going to assume you are fresh 18, clueless, and about to go to college. Student loans are, in my opinion, the most predatory loans in existence. They set the interest rate at 6-10% depending on factors and sell the loan to people who have no clue how money works, and are basically children with legally binding signatures. Students live on student loans throughout college and unwittingly dig themselves a hole they can never climb out of.

>Adults struggle to make minimum payments on their loan, paying mostly interest. This is why they hold signs like "Original balance: $30,000. Paid: $20,000. Still owe: $30,000." Mark my words: if you fall into the student loan trap, you will be a debt slave for life.
>You can never bankrupt out of the loan. If you stop making payments, the government garnishes your wages. The only ways out are to pay it off or leave the country.
>Federal direct subsidized loan is the only one that is a fair deal. 6% nominal interest when I was in school. It doesn't accrue interest until you graduate or you drop below full-time student status. The interest you pay is a tax credit up to a certain amount. This is what I did. If anything, I paid off my 8K debt at graduation too fast and didn't take enough advantage of my effectively interest-free loan.

Don't take out any student loans, except Federal Direct Subsidized Loan. That one can be a good deal if you're careful.

His plan has consequences and it won't happen. You can't just forgive people's debts. He will fuck America to the ground faster than any other candidate including Trump and Ocasio-Cortez.

I voted in Trump last time, voting for Bernie this time. Fuck loans. Don't care what the side effects will be. i need dem gibs me dat

>he thinks whites will be the ones getting the money
You realize this won't be universal, right? Section 8 was supposed to be universal, look how that went. On top of that, white people will get a degree then get a job. Why would a brown person ever get a job? They can stay in college for a hundred degrees taking 7 years a piece and stay around young white women the entire time. There is no reason for them to work when you'll pay for their life forever. This is a government system, they never, ever benefit the rational workers.