Author Topic: Why payback student loans if they are going to have a bailout for them too?  (Read 9866 times)

reppingfor20

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Why payback any student loans if they federal government will most likely bail the kids who have debt and cannot pay it back due to crappy economy?  It is wasted money if you pay any back, because most likely your balance will be zero'd out or significantly lowered if they see you haven't paid anything once they bail the students out.

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dustin

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Maybe I should spend a decade going to school, rack up a 6 figure student loan debt and come out scot free with a shitty lesbian studies certificate lol ;D

Nails

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when will this be happening? have a friend who just got a 90day notice to start paying up or get wages garnished

Coach is Back!

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Why payback any student loans if they federal government will most likely bail the kids who have debt and cannot pay it back due to crappy economy?  It is wasted money if you pay any back, because most likely your balance will be zero'd out or significantly lowered if they see you haven't paid anything once they bail the students out.



Waiting for Ron to get this piece of human trash off this site for good.

reppingfor20

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when will this be happening? have a friend who just got a 90day notice to start paying up or get wages garnished

I heard the media talking about it, the kids don't have the money to payback the gov't insured loans, there jobs are crap or don't exist, so you can't extract money from nothing, it was or is suppose to be the next bailout.

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oldtimer1

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So the workers are the ones who have to pay for this bail out?  Remember the federal govermnent has no money.  Only the money they have is the money they take from the workers. Last time I saw my paycheck the goverment took a lot of my wages that could have gone to me instead of the slackers.

reppingfor20

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So the workers are the ones who have to pay for this bail out?  Remember the federal govermnent has not money.  Only the money they take from the workers. Last time I saw my paycheck the goverment took a lot of my wages that could have gone to me instead of the slackers.

The government needs taxes to operate, you pay some of the lowest taxes in western nations, be happy about it.  Yes the money comes from the tax payers and should. 

Also the students can't pay back the student loans...the economy, so where is the money coming from?  No where, they will have to bail them out. 
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wes

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I hope Bay doesn`t see this thread.  :(

reppingfor20

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I hope Bay doesn`t see this thread.  :(

 :o  I like Bay, I don't mean to make him mad, just this is reality, students can't pay these gov't insured loans back now.

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wes

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:o  I like Bay, I don't mean to make him mad, just this is reality, students can't pay these gov't insured loans back now.


I was just kidding since Bay ripped into someone here who didn`t pay their bills or something to that effect.

oldtimer1

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The government needs taxes to operate, you pay some of the lowest taxes in western nations, be happy about it.  Yes the money comes from the tax payers and should. 

Also the students can't pay back the student loans...the economy, so where is the money coming from?  No where, they will have to bail them out. 

Of course the goverment needs taxes to operate. It doesn't need taxes to go to people like you. I live in the USA.  The taxes should be way lower than any western nation. A loan is the responsibility of the borrower. Next you will say all credit cards, mortgages and student loans should be paid for by the govermnet. After all the economy is bad and others should pay.  

Soul Crusher

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:o  I like Bay, I don't mean to make him mad, just this is reality, students can't pay these gov't insured loans back now.



I thought followers of the pedo prohpet Mohamed, piss and pigs blood be on him, were against fags? 

reppingfor20

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Of course the goverment needs taxes to operate. It doesn't need taxes to go to people like you. I live in the USA.  The taxes should be way lower than any western nation. A loan is the responsibility of the borrower. Next you will say all credit cards, mortgages and student loans should be paid for by the govermnet. After all the economy is bad and others should pay.  

Why should the US have lower taxes?  Should the US cater to the ultra rich?  A loan should not be given out to a young kid, that is just silly to expect a kid to know about everything that comes with getting a gov't insured loan for college.  There is a difference between gov't insured loans and credit card debt, credit card debt you can get away with chapter 7, you can't get rid of gov't insured student loans. 
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HTexan

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Why payback any student loans if they federal government will most likely bail the kids who have debt and cannot pay it back due to crappy economy?  It is wasted money if you pay any back, because most likely your balance will be zero'd out or significantly lowered if they see you haven't paid anything once they bail the students out.


They are not bailing anyone out of student loans. You can pay them back even 75 bucks a month, just keep paying and your credit won't get bad.
A

Soul Crusher

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Why should the US have lower taxes?  Should the US cater to the ultra rich?  A loan should not be given out to a young kid, that is just silly to expect a kid to know about everything that comes with getting a gov't insured loan for college.  There is a difference between gov't insured loans and credit card debt, credit card debt you can get away with chapter 7, you can't get rid of gov't insured student loans. 

You deserve to be beheaded. 

diamondcut

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what the fuck man,

if this was the case i would have racked up 150k in student loan debt and cruised through college

instead i took longer to complete my degree and worked part time so i could graduate without any debt


what the fuck was the point of that then


the fuck man

reppingfor20

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They are not bailing anyone out of student loans. You can pay them back even 75 bucks a month, just keep paying and your credit won't get bad.

you sure about that?  Do you know reality?  Millions of young kids graduating with a pile up of grads competing for low pay income jobs or no jobs at all, the gov't cannot collect money that does not exist. 

Credit is just a stupid number they try to scare you with, it means nothing, pay with cash. 
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HTexan

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you sure about that?  Do you know reality?  Millions of young kids graduating with a pile up of grads competing for low pay income jobs or no jobs at all, the gov't cannot collect money that does not exist. 

Credit is just a stupid number they try to scare you with, it means nothing, pay with cash. 
yes, cus everyone can buying a car and house in cash? ::) ::)
A

diamondcut

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this shit boils my blood

i want a do-over too


this time i'll study something worthless like fine arts or political science and party throughout college

not like my engineering degree has gotten anywhere yet

reppingfor20

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yes, cus everyone can buying a car and house in cash? ::) ::)

Yes you can.  

this shit boils my blood

i want a do-over too


this time i'll study something worthless like fine arts or political science and party throughout college

not like my engineering degree has gotten anywhere yet

I'm sorry to hear that the engineering degree hasn't gotten you anywhere.  It is not your fault, it is the big banks and wallstreet's fault for taking this country down.

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Soul Crusher

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you sure about that?  Do you know reality?  Millions of young kids graduating with a pile up of grads competing for low pay income jobs or no jobs at all, the gov't cannot collect money that does not exist. 

Credit is just a stupid number they try to scare you with, it means nothing, pay with cash. 


you deserve to treated as a Pashtun slave by the elders and raped.

Nomad

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Why payback any student loans if they federal government will most likely bail the kids who have debt and cannot pay it back due to crappy economy?  It is wasted money if you pay any back, because most likely your balance will be zero'd out or significantly lowered if they see you haven't paid anything once they bail the students out.



government only cares about those who have enough power to buy lobbyists and fund campaigns not small chumps like students, middle class or small business owners.
all drugs - TPPIIP

reppingfor20

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government only cares about those who have enough power to buy lobbyists and fund campaigns not small chumps like students, middle class or small business owners.

Obama cares.

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tonymctones

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yes, cus everyone can buying a car and house in cash? ::) ::)
rep is yet another line of horrible gimmicks, notice he never posts this shit on the politics board b/c he wants exactly the reactions he gets here.

In all honesty I think he really is as stupid as he comes across but his main motive is to troll.

Soul Crusher

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Obama cares.




Yeah about that fat thug of a wife getting vacations, corzine, Goldman Sachs, etc.  he cares about ghetto scams, b ball, ocra, ribs, and pimping.