What was he thinking?
What was he thinking?
Its over
based.
pay my loans, tradies!
>Weissman
>Jew kvetching because another Jew might steal his profits from usury
OYYYY VEYYYY
What happens to military recruitment when the GI-bill becomes meaningless?
Basically his plan is to complain about all the bailouts banks keep getting while under-handily develop a plan for all tax payers to pay for the banks again using college loans as a crutch this time around.
He's probably funded by quite a few banks or support by them at the very least.
>implying hes thinking
not feeding the Jews is a good thing?
>implying you went to uni
>plan doesnt make alot of sense
Yes it does. It simply moves the debt from young kids to the government. They are stupid for incurring that debt but leaving them trapped in it just creates another generation of debt slaves for the jews to exploit. Those kids are too busy keeping their eyes on the debt they shackled at their feet they dont see what's being taken right in front of them. Every person who opts for the debt forgiveness program must sign a contract to never take a loan no matter how big nor how small and also must be barred from usage of credit cards. If they violate these terms will face 2 years in prison.
>inb4 I payed off my student debts myself because I was responsible and not stupid
this isnt about you
>(((WEISSMAN)))
give the kikes like 10-20% of the principal, don't like it too bad
>implying socialists think
Student debt is fraudulent debt. I hate Bernie 'no refunds' Sheklestienburg, but the ziocon line about 'muhhhhh pay your debts millennials' is a losing argument and a retarded stance.
We can't let (((universities))) get away with such a blatant misrepresentation of outcomes and crippling burden especially while they are devaluing degrees by affirmative action and giving illegals free college.
FRAUD is the only way to describe 80% of student loans.
>(((BERNARD BEN YEHUDA SANDERS)))
Students who made stupid choices for a college major and spent 4 years partying get free stuff
People who did their research and picked good college majors or tech school get nothing.
The government would take over the debt, tard. Jews wouldn't lose a cent
I'm so glad I worked full time while going to school part time just to avoid loans. What a joke.
>Oy vey vote for me but be sure to donate millions first, goy~
I cried the first time a read about the holocoaster as well, probably not for the same reasons though
>enter into a voluntary contract
>waaaaah how am i supposed to pay it back
If you can't pay the loan back don't fucking take it.
Not to mention the most expensive schools are in leftist strongholds
FUCK YOU BERNIE HOW ABOUT YOU PAY MY BACK PEOPLE FOR SLAVERY...FUCK YOU STUDENT DEBT BS
You can post ten articles that say he’s a genius.
You can post ten that say the opposite.
You chose to just shitpost, so you only deserve contempt.
On top of that you old jew, you should give everyone who paid their student loans, the equivalent of their loan payment in future tax credits. So over the next (however many years) I am tax exempt and cannot be federally taxed. Do this for everyone who has already paid back their federal student loans
Based. Fuck usery and fuck global finance.
Fuck off cunt
The second that shit is forgiven they'll go rack the debt up again
You stupid niggers put way too much faith in people
>be lied to for 20 years about value
>lobby government to guarantee loans
>devalue degrees by passing them out to illegals and affirmative action
>make it impossible to get out of loans with bankruptcy
>be 17 yo kid
>get fucked
Go be a bootlicker elsewhere, kike.
Political exploitation of ressentiment. Its a bit sad to see to those who understand what he and others are doing to stay relevant.
Probably nothing. Most veterans never use the GI Bill.
that's why don't fucking bail out the creditors so tuition can deflate
He was thinking that he wants to win the Millennial vote, duh
This, the idea that the average teenager fresh out of high school is given an accurate cost-benefit analysis about college and student debt is laughable. It's 13 years of "you have to do well to go to college or else you're going to flip burgers for the rest of your life."
What about the people that chose not to go to school because they couldn't afford it or those that chose to go to a cheaper worse school? Surely they should be getting some handouts from this retarded plan as well.
Wait, why are we massively rewarding people that chose to be financially irresponsible again?
Does that mean the government will also pay the median student debt forgiveness to every single other American? I have a home loan I wouldn't mind having 50k shaved off of, and it would be pretty unfair for these young adults to get off scott free but make me continue to pay for a few decades.
Here's the thing Weissmann. It doesn't have to make sense as long as the debt dissapears from millenials credit score.
>As of June 2018, Forbes reported that total US student debt was $1.52 trillion and that 44.2 million people owed debt.[3] The average student debt is $38,390.
You're telling me I can vote away $38,000 worth of debt!? Fuck Hitler. Heil Sanders! Sieg Heil!
And if none of these other politicians on the right or left offer any real solutions, people are going to vote for these bribes in their own self interest.
He’s afraid of Yang.
see:
>this isn't about you
My government that I help to fund is giving people free money because they owe other people money. I feel involved.
Memeflag aside, this is right but you ignore that these loans were presented fraudulently.
>loans were presented fraudulently.
I'm not sure what you mean by that, but the way government student loans are setup is not financially sound at all. The way these loans are is unsustainable, and the number of students, graduates, and former students who are exploitable in this way is only going to increase from 44 million.
Student loan forgiveness for helping build the wall
It is _absolutely_ about us. We paid off our debts because we didn't go around partying and #yoloing, we made sacrifices in order to get ahead in life.
Now you're proposing the government use MY MONEY to write off the exact sort of debt that I had, for everyone except me.
Am I a joke to you?
If they get $50k forgiven then the only way to make it fair is if everyone else ALSO gets $50k in cash.
>Student loan forgiveness for helping build the wall
I would build that wall for food, shelter and weed.
>People who did their research and picked good college majors or tech school get nothing.
You get the bill for those who majored in feminist basket weaving.
I agree
Alright, they get loan forgiveness on the argument that they were too stupid to understand what they were signing and that they were lied to. This also disqualifies them from voting for life. Bet 90% or more of them would take the deal but later whine that it wasn't fair because they were too stupid to understand what they were signing and were lied to.
He was thinking student debt is just a bubble that will burst, just inflated zeros borrowed against, worthless if called in.
He is just a better economist that most.
Weed stinks. Smoke hash.
>implying them defaulting on their loans provides anything
forgiving idiots for being stupid won't let them learn their mistakes
It's 30k vs $1000/month
Why you faggots choose between trump or clinton last election is beyond me. bernie is amazing
Why do these people never address the root of the problem: the super inflated cost of college tuition?
>Bernie Sanders makes no sense
more news at 11
>complains about gibs to help out his countrymen
>demands his own gibs as counterargument
How about no (lol). You can always go back and gain additional skillsets if you want. Otherwise if you don't give a shit about helping others with debt relief then no one should give a FUCK about you whining. Deal with it (((bitch))).
Seriously. Fuck these people
To be honest, 15k for a year of food, housing and school is not that bad of a deal.
Because if you do that, the (((people))) in charge of the colleges lose their revenue.
If you "forgive debts" with government money they get to keep it.
you sound like a salty 35 yo who just paid off his student debts. just because the fireman didn't come to put out your house fire doesn't mean complaining about the guy whose house is on fire down the street helps anything
>voluntary contract
>brainwashed since birth to go to college or you're a failure
You don't get it.
No it means that if the government takes over the debt they will hike taxes to 90%. The debt won’t go away it will be presto-change-ode to a new debt that everyone will have to pay for
No refunds
The colleges already have their money. They lose and gain NOTHING by the government forgiving the loans it gave out. The colleges only lose revenue if the state stops giving guaranteed student loans...
Is there a Democrat platform other than FUCK BLUMPH and FREE SHIT?
>>Student loan forgiveness for joining the military. No GI bill in the end
If any of you Shitheads™ actually READ the article, he says that Bernie's plan is not SJW ENOUGH
>You can always go back and gain additional skillsets if you want.
I don't need additional skillsets because I wasn't a retard who spent 5 years of his life partying and "studying" for a degree in feminist basket weaving.
>Otherwise if you don't give a shit about helping others with debt relief
Pic related.
You wanna help the kids? Make them take a mandatory course on personal finance. Forgiving their debt just sets them up to be in $50k of credit card debt 3 years later because they've learned nothing from the experience.
>no one should give a FUCK about you whining.
You're the one who's whining because you don't want to pay your shit, faggot.
yeah fix the dumb shit Blumph has done
NO, IT MEANS WE PRINT A 2 TRILLION DOLLAR NOTE TO IMMEDIATELY PAY IT OFF UNDER THE NAME OF QUANTITATIVE EASING. DEAL THE FUCK WITH IT.
I was talking about future revenue, not past. If the public discourse moves to college being too expensive for no reason, and it becomes a widely recognized fact, they won't be able to keep charging those prices and they'll have to lower them.
If you just say "oh poor kids let's help them" it allows colleges to keep charging as much as they want, because the students will keep thinking that the government will bail them out.
Imagine being such a brainwashed stooge that you just do what other people tell you all the time
He's thinking all the libtards will love paying high taxes for the rest of their lives because they can't be responsible for their own choices.
My loans are already paid off, bitch. Why are you projecting? Forgiving student loans doest set shit up other than being released from a giant debt burden. Why are you projecting otherwise?
Braindead hipster faggot leftists will eat it up
where's the user posting about bernie being the zodiac killer?
>pay off all the loans to the (((banks)))
it really is a shit solution
the best one would be to make interest on student loans tax deductible while allowing student loads to be discharged through bankruptcy
so instead of giving (((banks))) a giant undeserved payday, you force their hand to offer better payment deals to the shitloads of people who are likely to flush it through bankruptcy. afterwards the student loan industry will start taking a hard look at the statistics of it all and stop giving loans to study fields that do not have enough return on investment to pay back the loans which helps prevent future malinvestment.
it doesnt matter. these people are being exploited. and youre not upset at the people doing the swindling? thats callous. have solidarity with your countrymen against financial enslavement.
So do I get 100k paid to me just because? I’m sure I could go invest that money and make more with it than they will make with their shitty womens studies degrees.
>projecting
You keep using that word. It does not mean what you think it means.
Isnt the US government the holder of the vast majority of student loan debt through FAFSA so wouldnt it be easy to forgive the debt?
Is this what he's thinking?
that's very Jewish of him
This benefits rich people disproportionately. The poor think this means, "oh boy, I get a free college tuition." In reality, this will be passed on to the poor as a tax while the rich, who will also see this tax, won't have to pay the $250K+ for their child's Ivy League tuition. The poor are so fucking stupid for buying this as a benefit.
Why would I pay for someone else's lattes and prostitutes?
You can make a program to retroactively reimburse people a certain amount based on college tuition and a base amount for rent and food, but just clearing debts no matter what people paid with them is ridiculous.
If you chose to live beyond your means that's your own problem. Don't make it other people's problem. People are dumb enough to get into debt for dumb shit, let em die because of it no one cares.
950 billion of that is held by women. It'll pass.
Legally speaking how would he even accomplish this?
The government can't just force banks to forgive the debt.
Can the government assume the debt itself?
OK ireland
The government already owns 95% of student debt retard.
If all the students default on their loans the banks are hozed. If the government pays it all off then they're guarenteed their money. The people with useless degrees that dont attract high incomes wont be any better off. Only the rich ones who'd never qualify for a selective program even bother to pay it.
No fuck that. No debt cancellation
It should be:
1. Increase tax deduction for repayment
I can't even get a deduction anymore because I make too much yet I'm still paying a lot
2. Make colleges co-sign and hold payments in escrow until 2 years of employeement
3. Peg interest to inflation and subtract points for having regular payments
nope. the way fafsa works is you get 3 phases of money. Depending on things like your family's income and what your major is going to be.
The first wave is free money
The second wave is a government subsidized 0 interest loan
The second is a state subsidized low interest loan.
The government subsidizes your payments in order for private lenders to offer ridiculous 0 interest loans and unprofitably low interest loans. It's ultimetaly about funneling public money into banks but they also thought that all these millions of engineers and scientists were going to revolutionize the economy and all the debt would get payed off. So they had no restrictions on how much they offered on the low interest loans given you """"""""said""""""" you were takign the right major or the """"""""information"""""""" about your family's income were sufficiently low.
quads sandwich & quads posting time checked
He should just say mexico will pay for it. Worked for Trump.
A decent plan that holds colleges accountable and values prompt payments in return.
That's pretty good, but it's also important to adress the issue of universities increasing their prices. The pricing is way above inflation and just plain ridiculous.
This. If anything the government should be giving that money to the people that paid off their debts. The ROI would almost certainly be far higher and there's no good reason to reward those that racked up tons of debt by being financially irresponsible.
You don't need a cost-benefit analysis to intuit that doing a 4-year degree in Gender Studies at an out-of-state school is, at best, a risky idea. If it takes you longer than 1 second to answer the question "what do you hope to do with this degree?" then you're making a mistake.
50 years ago, the average IQ of a college graduate was 115. This means that only about 25% of the white population is really capable of the material (at least as it existed at that time). Today, close to 2/3 of students attend college for at least a little while. Most of the "obviously bullshit" degrees were invented in the 60s and afterwards as a way of funneling students of average and less-than-average intelligence into higher education. As you'd expect, these degrees command no respect from employers because they're useless as signalling - it's possible a Gender Studies grad is smart and capable, but it's not particularly likely, so why take the chance?
You could prevent colleges from raising rates on a student until they graduate
My tuition doubled by the time I graduated. Felt like bait and switch at that point
If you inform the student of the total cost at time of admission, it's far more honest
Well yeah Van Wilder, that's what happens when you take 8 years to graduate.
Sorry, is the Italian government paying off American student loans?
Im paying my own loans off, I dont need anyone to do it for me.
I took 5 years to graduate, which is below the average amount of time that it takes in the USA. Over those 5 years I saw many things change. Students were allowed free parking in first-come-first-serve parking garages on campus when I started. That disappeared; there is no longer any free parking on campus, and on certain days I had to pay $12 for the day to go to class. Students were given an alternative when I first joined, which allowed them to ride city busses for free -- that's gone now too. There are various food choices on campus, such as a Burger King with prices three times higher than those at any Burger King location I've ever been to. Over the course of my time there, tuition increased from roughly $3,600/semester to roughly $5,000 per semester. In 1955, my grandfather paid (adjusted for inflation) 1/5 the price that I paid to attend the same institution. The quality of education did not increase at the location over that time according to my grandfather, who audits classes there as a senior.
In short, the quality of college is going down, the services offered to students are becoming too overpriced, and the cost is becoming outrageous.