*drops mic*

*drops mic*

Your move Nazis

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what?

IBR payments to untaxable forgiveness
private students loans are bankruptcable.
fed governmetn leaves student loan lending business

best course of action and political plausible

Make student loans dischargable by bankruptcy again.

So I want to get a refund on the debt I managed and paid back. I also want a time machine so I can go back and study something fun knowing I wouldn’t have to pay off loans or, apparently, be responsible for myself in adulthood.

Get rid of useless degrees and this might make some sense, liberal art degrees and feminist shit isn't going to be helping any economy.

how does getting rid of debt make more jobs

fuck em

Meh, student loans wouldn't be a problem if college wasn't pushed so hard on children. Not everyone needs a degree.

more money in economy but forvgiveness makes no sense if the fed government continues to make private student loan debt not gone in bankruptcy and stays in the student loan debt business

cancelling student debt should absolutely never happen. I'm all for making university cheaper and even subsidizing it. but it's completely unfair to just cancel the debt of irresponsible retards. I could have gone to a much better school, but I knew I couldn't afford it. so I went to a small state school, and I worked on top of going to school. it was hard as fuck, but I graduated debt free. and now I have to foot the bill for OTHER PEOPLES' student loans!?

pay your own fucking loans, faggots.

It doesn't

>all those financial models, SLARS, SLABS, and any other blended ABS that included student loans default immediately, including the liquidity impact of on derivative cashout
>entire blocks of traders, analysts, mangaers, and quants fired for missing indicators
>banks tighten their cash after regulatory changes and "how could this have happened" corrections that scale three times worse than GFC 08
>no new investments are to be made, as liquidity and solvency concerns means no one, not even the next Steve fucking Jobs can get business loans for a startup
>GDP shrinks with FS sector, Housing, Tech sector, Oil in massive correction
Cancelling student loans is like Mary aborting Christ of economics

>(((pay your own fucking loans, goyim.)))

I'm all for fucking over banks.

You must have cash in a mayonnaise jar, cletus

if you can find a way to only make jews pay for it then fine, be my guest. but if this shit goes forward, I guarantee you that the taxpayer will be asked to foot the bill. I shouldn't be punished by irresponsible people because I was responsible.

America should pay my student loan. I am supposed to pay it back but don't know how so its accumulating debt and nobody is hassleing me so Ill just ignore it.

>leaves student loan business
Not happening

Fuck I better hurry up and finish grad school so my $240k in loans get erased

Mfw I will make it back with this doctoral degree anyway

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No, I just understand what an abominable racket banking is.

kys

This. Don't "forgive" student loans, but making them dischargable through bankruptcy absolutely works. The current scam of higher education within this country absolutely needs to be addressed. They are so corrupt and operate more like sports stadiums with a bit of learning on the side, as opposed to actual centers of higher education. In addition to that, soft sciences and arts need to be dropped entirely to allow more STEM subjects to thrive. Also, the usury epidemic within our country's financial system needs to be addressed and capped at 1% for banks, loans, etc. to prevent abuse. Let's make our educational system great again.

Free college funded by taxpayers for everyone!
But not you. You have to keep paying your student loans.

>just wipe the debt away
>it worked at burlington college
>it might not exist anymore but at least I have my golden parachute

*picks up mic*
That's complete bullshit. Also
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER

NO. You are subsidizing stupid people that are delaying adulthood to drink and muh dick. Only 10% of the population should ever go to college, most should do trades.

All subsidies for college will do is destroy the value of a college degree and make having a college degree the equivalent of a high school diploma from 20 years ago.

we have so many retards in this country

M-m-m-muh not-sees
You Lefty faggots are insufferable

Cancelling debt hatches the eggs of the dragon

Magic will flow if we print more cash

More news will come if I tweet just out of my fucking crazy ass having ZERO knowledge of all the shit involved in it.

People do it. Yeah. You know how you shut tfu? they dont. And they want to rule over us.

So thats why you should hate the mass agitators like this. They get really deep in the political inferno.

Why wouldn’t you just get a $250,000 medical degree and declare bankruptcy, rent for 7 years while making bank and then buy a massive house

I laugh at all you student loanfags who willingly let the Jew assrape you forever

subsidies for college are fine if you ruthlessly enforce standards and make it hard as fuck to get in.

if Cancelling debt creates more Jobs...

then why not also cancel Auto Loan debt, Home Mortgages, and while we're at it, Child Support and Alimony payments also for "Child-Rearing Debt"

>half of country votes democrat
>standards

ya na

i want free money too

>Rent out six places then sublet to cover costs while banking med pay
I like your style
W E W

Which everyone here knows will never happen because of niggers. Look at the humanities they are worthless now

>Mfw I will make it back with this doctoral degree anyway
Hahahahhahahah
As someone who actually has a PhD and isnt larping about it, if you want to make money just go find a trade.
PhDs make shit money.

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>spending 2.6 trillion will increase GSP By 100 billion
Wow, so efficient.

>how do we fix the economy?
>PRINT MORE MONEY
NO
>pretend the currency we have now doesn't exist

The left is so based

>pay for something you know you can't afford
>oh no, looks like I'm in debt because my gender studies degree isn't panning out
>I did nothing to deserve this debt
>YOU got us into this mess so cancel my debt you fucking racist conservatives

the millennial mind is one of absolute solitude

Idiot. At that rate you could pay off the 750k in loans within 2 years and be debt free and not have the mark of bankruptcy. Don't be a nigger.

Lol keep dreaming loan fags
i cant wait till these retards wages are garnished to help drive the economy when they default

>making university cheaper and even subsidizing it
How do you even breath? The reason the price is inflated right now is BECAUSE we are subsidizing the loans. Easy credit -> boom -> malinvestment -> bust. This idea that post-secondary education is an end in itself also ends up with retards getting useless degrees. The only reason the left cares about Free College is because they are leftist indoctrination centers. Kill yourself.

It’s medicine, not PhD

My IBR forgiveness is 4 years in. It only dents the interest so far with the wages I make even make an OK wage.

bankruptcy court wouldn't allow such a thing if done in bad faith or you land a job

if you get a worthwhile degree you won't have a problem paying it back.
if your a woman that went to college on an MRS degree, go fuck yourself

>Your move Nazis

How about kicking the fucking kikes out of the banking system and remove the debt based monetary system all at once?

>hurr muh student loans

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I feel like I’d be much less mature if I hadn’t gone to college. It’s almost like a social development camp combined with education.

Nazis in NYC

whatever is remaining will be taxed as income. if you dont see yourself paying it off anytime soon with a good income prepare for tax bomb

I'd be for it. Most student loans are made with interest, aka ursary. Which is immoral.

>t. retard

It frees credit, resulting more spending, new business being created as people become applicable for new loans etc.

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I agree, let's eliminate 80% of administration positions and all the diversity bullshit in universities and the problem is solved.

So, since I worked two jobs to put myself through college instead of borrowing a ton of money, will I be paid back?
Doesn't seem right that people who made bad decisions get off Scott free, while I, who did exactly what I was supposed to do would be the one paying for it.

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Economists are journalist tier worthless and bloggers. Most, if not all economists are bribed and have no real (key word real) purpose in society.

It's not taxed. This is misleading shit that people keep spewing. They actually had to address this on the page for the 10 year loan forgiveness for public employees page because dickhead employees kept raining on other dickhead employees parade.

>i made terrible life decisions and need others to pay for it: the post

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What ar eth negative consequences of declaring bankruptycy

lifes not fair my penis is 2 inches long when hard toughen up buttercup

Listen here you mother fuckers.

INTEREST ON ANY FEDERAL STUDENT LOAN IS A COMPLETE ABSURDITY.

YOU CANNOT DENY THAT USURY FOR YOUNG ADULTS WHO ARE GOING TO SCHOOL TO MAKE MORE MONEY TO HELP ADVANCE ECONOMY IS THE MOST JEWISH THING YOU CAN DO

>unemployment drops from 0.22% to 0.36%
>drops from 0.22% to 0.36%
how is that even possible?

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I have found that life is very fair.

... Aaaaand pay for achmed and ja'quan to go to State Fuckoff College for six years.

Because people who want their student debt forgiven or want to be able to erase it with bankruptcy aren't getting medical degrees. They're getting art degrees, english degrees, or worse.

But these people signed up with the Jew. Smart people don't do that.

I bet you have never been part of any administrative body in your life. Problem with American collages and their spending is not with the administrative costs but with need to constantly build new apartments, sports utilities etc. to stay competitive. If Americans dropped their collage football costs for collages would go down radically.

>doesn't seem right that..
you're the one who typed it, i'm not putting words in your mouth

I don't have a loan to pay back. I just want to see banks get fucked over.

I was talking about something that hasn't even happened yet. You utter faggot. Jesus, no wonder you are swimming in debt.

magic you racist.

Get rid of my debt so I can get different debt! Magic economy! YAYAYAYYAAY

Returning to the gold standard is better for our economy so banks can no longer operate on a debt-based system.
The federal reserve is an unconstitutional agent of the federal system and was made to disguise debt at capital. Fucking Aldrich and a Rockefeller were involved in its creation.

How would that add new jobs ? Do they seriously think that people would now hire them because they dont have to pay of their "highly valued" feminism dancing art degree ?

I'm done listening to women on any matter.

oh wow, another woman demanding legislation to absolve her of another responsibility

That's broken logic.

Didn't Jane O Sanders (Bernie's wife) drive a financially healthy college into bankruptcy ?

Should we listen to her giving out economic lessons?

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This doesn’t justify the absurdity of charging interest on student loans. Most people who get hurt by this shit are fucking white people with parents who make to much to allot pell grant and aren’t able to fully pay school with scholarships.

I'll tell you that there would be consequences of making 400k/yr right out of bankruptcy. 7 years you're a non person to the financial agency depending on how its structured. So you have to go to a court and say "I owe 700k please let me default on this" the courts could okay it but if any of your debtors find out they can counter sue for you to not be able to avoid the debt.

Why do this when they aren't even responsible enough with money to not go into debt again?

If this gets freed up, they'll start spending like mad and then put themselves into debt like idiots yet again and then ask for a bail out because personal responsibility is too much to ask for.

You can't just erase $1.4T of liabilities. If you shrink one side of the accounting equation, you shrink the other side. Getting rid of $1.4T of liabilities for one group will destroy $1.4T of assets for another group.

Because those millenials would drop their jobs at McDonalds

>"cancelling" debt
I wonder if leftists understand how devastating federal debt accumulation is. Probably not, since they know nothing (and sometimes have never even heard) of Weimar Germany.

Half of me wants the Weimar Crisis to happen again in the US, just to see these idiots get slaughtered by the hyper-inflation and proceeding mass homelessness & starvation.

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Did you guys know when they changed the student loan bankruptcy rules in 1995 that the only people exempt from it are the children of congress members? Really boggles the noggin.

This is my retarded grasp of it. I know a boomer fuck who did chapter 7 or something but had to take a shit piss poor office job for a few years.