ITS HABBENING!

They are getting everyone ready for student loan cancelation for all. Want a dollar? Here.

Want 100000 dollars? There you go friend!

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npr.org/2022/02/16/1081107925/education-department-devry-university-borrower-defense-student-loan-relief
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I hope so. I've got like 22k in student debt.

>itt tech
>devry
these are nigger schools. this isnt loan forgiveness, this is ballot harvesting

How is the debt not erased by virtue of the company not existing anymore? Who were they paying it to?

npr.org/2022/02/16/1081107925/education-department-devry-university-borrower-defense-student-loan-relief

>imagine being the good boys that paid off your loan and struggled your ass off

No refunds LMFAO

The loans aren't given by the institutions themselves, but rather banks and guaranteed by the US government, which is why the cost of education has risen so astronomically and why we're in this mess in the first place.

This probably has nothing to do with Biden and more to do with that school being shut down since it evolved into a scam.

Yeah, fuck me. I paid off over $30K last year and left ten in the case of forgiveness. That would have covered two years of income taxes.

imagine giving some 19 yo liberal art student 150k of your money and thinking you'll ever get it back

Thats why its not dischargable in bankruptcy

Clearly the solution is to just make everything free.

Lol, youre going to pay it all back, faggot

Yeah, but you're going to help me.

time to increase your taxes, wagie! lol!

iirc, ITT tech collapsed and left a lot people out in the lurch by keeping their money but being unable to even give degrees anymore. a friend who went to one of those programs told me people were looting the building he used to go to classes in for computers/anything valuable not nailed down

>I take a loan to buy a house
>house magically ceases to exist
>I have to keep paying the loan
I love that normies see absolutely no problem with this. You people are the exact type of person who would end up in indentured servitude for life.

This proves they know if the midterms go ahead they are fucked. BTW they will not alienate student debt, that is being saved for the CBDC intro.

There were also tons of complaints that their credits were not directly transferrable to any other colleges. Which in my experience just means it takes more effort than niggers are willing to do. I transferred units from my community college to university and they tried to say I couldnt, until I pulled out the syllabi and course description and kept asserting they were the same until the uni relented. They just wanted that sweet cash.

...I don't understand the point your trying to convey because your example is just bad.
How are student loans like a disappearing house?

The people I know who went to “for profit” schools like this are doing way better than people like me who got shepherded into worthless liberal arts programs at basketball college.

FUCKING BULLSHIT
IT TOOK ME 8 YEARS to get my bachelors and I had to take time off to save up (plus I didn’t care in first two years). We have to any for this in taxes too.
Kill yourself

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*I’m still in my 8 years

Literally deleting money. Surely the value of the currency wont be effected.

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If we make a deal to borrow money against an asset, and that asset disappears, you lost your money. Doesn't matter if it's an education, car, house, property, whatever. The fact that this is difficult for people to comprehend is astounding to me.
If this is not the case, then you incentivize indentured servitude scams:

I loan you money to buy a car
I then covertly steal your car
you have to keep paying me, and now I have your car
I repeat the process until everyone owes me money.
This is how you enslave a society. It's how the kikes do it.

This is all prevented if the loss of the asset is felt by both the debtor and the creditor, as it should be, because money is a representation of the real world, not some "infinite money hack" in your mind. How it should work:

I loan you money to buy a car
the car is stolen
I lose my money and you lose your car.
Because the car is stolen, and that's a bad thing that affects both of us, and that exists in the real world, not in a delusional fairy tale of infinite debt.

What right-leaning students have this as a tipping point for them to vote democrat?

I would doubt that non-voters would make the effort, even if given a 10k check.

I haven't made any student loan payments and I don't plan on it. I currently have a 9 month grace period from calling and talking to someone saying I am dealing with hard times.

lol stay mad

>gubbament pls make our student loans go away
Why do 0% of the loanies go after the banks or the fucking colleges operating on infinite budgets.
There was also a law that banned loaned money from being used to pay for college; that kept the price of admission low. Law was flipped in 78 or 79

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It's only 4 billions, stop being a bigot.

>22k weak number brah
75k seems to be the actual average since dumbasses get suckered into a masters program

>you borrowed money
>you have to pay it back
>stop being a nigger/Jew/Dutch

It's so obvious. Why hasn't anyone thought of this before?

$133k hear. I could pay it all back today. If biden does some big time canceling, I’ll be able to buy land.

Wish me luck, bros.

For some reason it always led to things becoming unaffordable. I kinda hope Biden does this, just so that inflation will get even worse.