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Hilarious: what to do now that you have to pay your debts...

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69nites

69nites

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Aug 17, 2011
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They did the same thing in the mid 90's with housing loans. Gave out loans for $500K houses to a single woman making less than $40K/yr There is no way payment can be afforded. But then the person accepting the loan should have been smart enough to see that before they signed. The American tax payer got stuck then by being forced to bail banks out. But had the government gotten involved in the 1st place and caused the problem. The Community Reinvestment Act regulations break down home-loan data by neighborhood, income, and race; encourage community groups to complain to banks and regulators by allowing community groups that marketed loans to collect a brokers fee: Fannie Mae allowed to receive affordable housing credit for buying subprime securities.
In the same way by federally backing student loans the government has created an incentive to write bad loans.

There's zero reason to ever pay on a student loan if you do not intend on continuing your education. It's zero impact on your credit and can't be collected. The banks do not care. These loans are federally backed. Paying your loan off is bad for the bank. It's far better for them if you accrue interest your entire life for the taxpayer to pay as these loans are federally guaranteed.

The fact that you don't have to have a plan to use your degree to pay back your loans as you would for a business loan is ridiculous.

These absolute cretins who are against government subsidized university and also fine with the way things currently work literally just don't understand that we already have it. Just take out the loans and never pay them. No one needs forgiveness. Forgiveness is actually just getting rid of taxpayer liability on these loans.
 
testboner

testboner

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Oct 10, 2010
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So here’s what makes the most sense, seems most logical in MY reasoning anyway — The entire financial/monetary commerce, societal construct is FAKE (as in, an elitist owned human slave cattle farm construct).
So first and foremost we justifiably ought to be righteously / properly pissed that the wages of our labor are extorted (“taxation”) in the first place. Our anger should be directed at those, and the entity that takes these monies from us. Personally, I’d rather see any amount of the stolen loot go back to segments (and collectively one and all) to the public. Fuck bank bailouts, fuck the MIC $ laundering and profit racket….
The reality on this 4th of July “Independence” day is that we are one and all, puppet slaves in this bullshit matrix system referred to as “modern society.” We are not Independent — We are IN-dependence. We are all in countless ways manipulated, used, robbed from, deceived by, etc, the owners of this system and its centralized system of control “gov’t” institutional order.
Out upset and outrage should not be against misc individual pet peeve, personal bigoted discriminatory people group dislikes, But rather ALL of the gov’t administration construct. I’m FAR more content for “illegals,” student loan holders, etc to benefit as part of the collective of humanity as a whole, than for any agents / entities of the gov’t construct to benefit from us.
Tons more to say and defend on all of this sort of absolute bullshit, but that conveys the gist of it. It’s too bad the public can’t be more unified in humanity total to benefit, than for the plantation owners who rob, kill and use us all as their / it’s machine parts. FUCK the GOV’T — not the Public.
 
testboner

testboner

VIP Member
Oct 10, 2010
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Just about every time Joe-Public opens its mouth, even when they believe they’ve tuned out the MSM influences / narrative prescribers / culture orchestrators — everyone still sounds like a Fox News anchor!
We NEED to deprogram our indoctrination; we have to do DEEP soul retracing all the way back to kindergarten time and deconstruct EVERYTHING that was cult like force fed into our fresh sponge brains.
Every culture’s programming experiences differ — For us Americans, my recommendation is to begin from the point of the pledge of allegiance programming.

IMG_0993.jpeg
 
1bigun11

1bigun11

MuscleHead
Oct 23, 2010
2,148
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You can get an education for free if you join the military (as I did), or if you have a rich daddy. Or if you are smarter than fuck, or even if you are dumb as a rock but play football.

But if you are really slick, you can have have your rich daddy pay for your college, while he gets your fat un-athletic ass a deferment from Vietnam for bone spurs, while your fat ass simultaneously plays tennis on your college tennis team; and then coup de gras declare yourself unable to repay your debts (seven times) while simultaneously declaring yourself to be one of the richest people in the world—and then (icing on cake) bitch about those poor suckers who don’t want to repay their student loans, lol.

Suckers! Lol.
 
testboner

testboner

VIP Member
Oct 10, 2010
1,532
1,883
You can get an education for free if you join the military (as I did), or if you have a rich daddy. Or if you are smarter than fuck, or even if you are dumb as a rock but play football.

But if you are really slick, you can have have your rich daddy pay for your college, while he gets your fat un-athletic ass a deferment from Vietnam for bone spurs, while your fat ass simultaneously plays tennis on your college tennis team; and then coup de gras declare yourself unable to repay your debts (seven times) while simultaneously declaring yourself to be one of the richest people in the world—and then (icing on cake) bitch about those poor suckers who don’t want to repay their student loans, lol.

Suckers! Lol.
Joining the military is hardly a way of “free education” — Giving up your sovereignty to a great extent, submitting to verbal abuse / commands / orders like an imprisonment, and risking your very life is something other than getting your education for “free.”

 
Swiper

Swiper

VIP Member
Jan 8, 2011
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No schooling is needed. everything you need to know you can get at the touch of your fingertips on the Internet. pick a industry, learn it, teach yourself, get some experience and the sky is your limit

Schooling is overrated
 
1bigun11

1bigun11

MuscleHead
Oct 23, 2010
2,148
1,847
Joining the military is hardly a way of “free education” — Giving up your sovereignty to a great extent, submitting to verbal abuse / commands / orders like an imprisonment, and risking your very life is something other than getting your education for “free.”

Hmmm. Then it would seem like faking a disability to avoid that service would be a big deal? Kind of like the most piece of shit thing you could do? Right?
 
Bobby Cole

Bobby Cole

Member
Jul 31, 2023
90
109
The government loans were approved and paid out via taxpayer money.
The various schools and educators got their money via those loans
If students are forgiven for making the loans, then the schools and educators that benefited from those loans should have to pay the money back to the taxpayer. .

That may sound stupid but if the universities and colleges knew that they were ultimately co-signing for government loans, they wouldn’t be so quick approving them.
As it stands, we the taxpayer are co-signing something that we didn’t have anything to do with nor, for the most part, wanted anything to do with.
 
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