collapse

* Recent Posts

ND Roll Call by MurphysTillClose
[Today at 01:15:18 AM]


Big East Poll and NET Rankings by bilsu
[Today at 12:57:57 AM]


MU Scoop Brian Wordle 12.9.22 by Dr. Blackheart
[December 08, 2022, 11:20:32 PM]


NM by ZiggysFryBoy
[December 08, 2022, 10:54:28 PM]


2022-23 NCAA Men's Basketball Thread by DoctorV
[December 08, 2022, 09:47:44 PM]


Remember, Remember, by DoctorV
[December 08, 2022, 09:44:29 PM]


Big East Results 22-23 by GoldenEagles03
[December 08, 2022, 08:55:53 PM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address.  We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or register NOW!


Author Topic: Student Loan Forgiveness  (Read 530 times)

WithoutBias

  • All American
  • *****
  • Posts: 526
Student Loan Forgiveness
« on: November 11, 2022, 07:09:29 AM »
The judge who struck down student loan forgiveness had a PPP loan forgiven. Always bail out the corporations. Don’t help out the low and middle class individuals though.

StillAWarrior

  • Registered User
  • All American
  • *****
  • Posts: 3355
Re: Student Loan Forgiveness
« Reply #1 on: November 11, 2022, 07:19:28 AM »
Are you suggesting that the judge somehow cheated under the PPP program? Because if not, you're comparing apples to oranges.
Never wrestle with a pig.  You both get dirty, and the pig likes it.

Sultan Sultanberger

  • All American
  • *****
  • Posts: 8351
  • Send it in medium-sized fella!
Re: Student Loan Forgiveness
« Reply #2 on: November 11, 2022, 07:30:39 AM »
Are you suggesting that the judge somehow cheated under the PPP program? Because if not, you're comparing apples to oranges.

Legally yes. Ethically nah.
“True patriotism hates injustice in its own land more than anywhere else.” - Clarence Darrow

Pakuni

  • Registered User
  • All American
  • *****
  • Posts: 9522
Re: Student Loan Forgiveness
« Reply #3 on: November 11, 2022, 07:31:33 AM »
Are you suggesting that the judge somehow cheated under the PPP program? Because if not, you're comparing apples to oranges.

Are you suggesting that those who receive student loan forgiveness are somehow cheating? Because if not, why introduce cheating into the discussion?

Hards Alumni

  • All American
  • *****
  • Posts: 5722
Re: Student Loan Forgiveness
« Reply #4 on: November 11, 2022, 07:40:32 AM »
The judge who struck down student loan forgiveness had a PPP loan forgiven. Always bail out the corporations. Don’t help out the low and middle class individuals though.

TIA

StillAWarrior

  • Registered User
  • All American
  • *****
  • Posts: 3355
Re: Student Loan Forgiveness
« Reply #5 on: November 11, 2022, 08:22:21 AM »
Are you suggesting that the judge somehow cheated under the PPP program? Because if not, you're comparing apples to oranges.

No, I'm not suggesting that at all. Absolutely not.

Those who received PPP never had any obligation to pay it back as long as they used it for the specified purpose. The only way they became obligated to pay the "loan" back was if they cheated and did not use it for the intended purpose. The use of the term "loan" for that program is not even entirely accurate. As long as the judge followed those rules (i.e., didn't cheat), there was never any obligation to pay it back. That's apples and oranges to not repaying a loan that you agreed to pay back.

That said, I do not fault students with debt for taking advantage of the program. If it's available to them, it's absolutely not "cheating" to take advantage of it and they'd be crazy not to.
« Last Edit: November 11, 2022, 08:24:28 AM by StillAWarrior »
Never wrestle with a pig.  You both get dirty, and the pig likes it.

Hards Alumni

  • All American
  • *****
  • Posts: 5722
Re: Student Loan Forgiveness
« Reply #6 on: November 11, 2022, 08:33:15 AM »
No, I'm not suggesting that at all. Absolutely not.

Those who received PPP never had any obligation to pay it back as long as they used it for the specified purpose. The only way they became obligated to pay the "loan" back was if they cheated and did not use it for the intended purpose. The use of the term "loan" for that program is not even entirely accurate. As long as the judge followed those rules (i.e., didn't cheat), there was never any obligation to pay it back. That's apples and oranges to not repaying a loan that you agreed to pay back.

That said, I do not fault students with debt for taking advantage of the program. If it's available to them, it's absolutely not "cheating" to take advantage of it and they'd be crazy not to.

Incorrect.  The loans were forgiven later, but they were originally intended to be paid back.

StillAWarrior

  • Registered User
  • All American
  • *****
  • Posts: 3355
Re: Student Loan Forgiveness
« Reply #7 on: November 11, 2022, 08:47:01 AM »
Incorrect.  The loans were forgiven later, but they were originally intended to be paid back.

While that is technically correct, it is semantics and misleading. At the time applications were made it was specifically stated that "loans" would be forgiven if they were used for the specified purposes. People who participated in the program were told at the outset that they would not have to repay the "loans." Everyone who participated in the PPP program was told at the outset that their "loan" would be forgiven if they followed the rules set forth in the program.
Never wrestle with a pig.  You both get dirty, and the pig likes it.

PBRme

  • All American
  • *****
  • Posts: 513
Re: Student Loan Forgiveness
« Reply #8 on: November 11, 2022, 09:17:53 AM »
NM
Peace, Love, and Rye Whiskey...May your life and your glass always be full

WhiteTrash

  • All American
  • *****
  • Posts: 1771
Re: Student Loan Forgiveness
« Reply #9 on: November 11, 2022, 10:00:52 AM »
To be clear, PPP allowed many SMBs to stay in business, allowed many people to keep their jobs and benefits for their families, and many of those people never had the luxury of attending college.

As many Democrats have pointed out, student loan forgiveness benefits a lot of wealth and soon to be wealthy people and gives money from those who don't have the ability or inclination to attend college to those who do.

Me personally, I'd like if Biden found a way to help all American and not his discriminatory loan forgiveness plan. 

Jockey

  • All American
  • *****
  • Posts: 1645
  • “We want to get rid of the ballots"
Re: Student Loan Forgiveness
« Reply #10 on: November 11, 2022, 10:37:09 AM »
To be clear, PPP allowed many SMBs to stay in business, allowed many people to keep their jobs and benefits for their families, and many of those people never had the luxury of attending college.

As many Democrats have pointed out, student loan forgiveness benefits a lot of wealth and soon to be wealthy people and gives money from those who don't have the ability or inclination to attend college to those who do.

Me personally, I'd like if Biden found a way to help all American and not his discriminatory loan forgiveness plan.


Every gov't handout is discriminatory.

ATL MU Warrior

  • All American
  • *****
  • Posts: 2433
Re: Student Loan Forgiveness
« Reply #11 on: November 11, 2022, 10:44:51 AM »
To be clear, PPP allowed many SMBs to stay in business, allowed many people to keep their jobs and benefits for their families, and many of those people never had the luxury of attending college.

As many Democrats have pointed out, student loan forgiveness benefits a lot of wealth and soon to be wealthy people and gives money from those who don't have the ability or inclination to attend college to those who do.

Me personally, I'd like if Biden found a way to help all American and not his discriminatory loan forgiveness plan.
Lol

TAMU, the Wizard of MU Basketball

  • All American
  • *****
  • Posts: 20438
  • SPELLS! MAGIC!
Re: Student Loan Forgiveness
« Reply #12 on: November 11, 2022, 11:10:24 AM »
Me personally, I'd like if Biden found a way to help all American and not his discriminatory loan forgiveness plan.

So....no more tax cuts for the wealthy? No more extra benefits for veterans? No extra funding for 9/11 first responders? Everything has to help all Americans?
God, grant me the serenity to accept the things I cannot change,
The courage to change the things I can,
And the wisdom to know the difference.

~Prayer of the Scooper

JWags85

  • All American
  • *****
  • Posts: 2643
Re: Student Loan Forgiveness
« Reply #13 on: November 11, 2022, 11:33:22 AM »
So....no more tax cuts for the wealthy? No more extra benefits for veterans? No extra funding for 9/11 first responders? Everything has to help all Americans?

Im very tired of these farmer subsidies.  I have a planter on my balcony with some herbs.  I wish they would help all Americans who cultivate plants outdoors.

tower912

  • Registered User
  • All American
  • *****
  • Posts: 19260
Re: Student Loan Forgiveness
« Reply #14 on: November 11, 2022, 12:23:13 PM »
Don't forget the oil company subsidies.   Locally, I am amused that Amway insists on tax abatements
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

MU82

  • All American
  • *****
  • Posts: 19469
Re: Student Loan Forgiveness
« Reply #15 on: November 11, 2022, 12:39:11 PM »
And the taxpayer handouts to billionaires for their sports stadiums and arenas.
"We have a severe problem in American life today called the assault on truth." -- Pulitzer Prize winning New Yorker editor David Remnick

real chili 83

  • All American
  • *****
  • Posts: 8074
Re: Student Loan Forgiveness
« Reply #16 on: November 11, 2022, 01:24:51 PM »
In before the lock.

No politics in this thread, eh?

ZiggysFryBoy

  • Registered User
  • All American
  • *****
  • Posts: 4716
  • MEDITERRANEAN TACOS!
Re: Student Loan Forgiveness
« Reply #17 on: November 11, 2022, 02:47:41 PM »
Hey, at least both PPP and student loan forgiveness were passed by Congress.

warriorchick

  • All American
  • *****
  • Posts: 7647
Re: Student Loan Forgiveness
« Reply #18 on: November 11, 2022, 03:19:41 PM »
It doesn't matter whether it was a good idea or not.

The court ruled that the President does not have the power to do it.
Have some patience, FFS.

tower912

  • Registered User
  • All American
  • *****
  • Posts: 19260
Re: Student Loan Forgiveness
« Reply #19 on: November 11, 2022, 03:24:29 PM »
It doesn't matter whether it was a good idea or not.

The court ruled that the President does not have the power to do it.

"A court", not "the court"     This is nowhere near over.   
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

warriorchick

  • All American
  • *****
  • Posts: 7647
Re: Student Loan Forgiveness
« Reply #20 on: November 11, 2022, 03:30:50 PM »
"A court", not "the court"     This is nowhere near over.

In reality, it probably is.
Have some patience, FFS.

jesmu84

  • All American
  • *****
  • Posts: 5612
Re: Student Loan Forgiveness
« Reply #21 on: November 11, 2022, 03:31:31 PM »
"A court", not "the court"     This is nowhere near over.

Yea.

It'll be interesting to see what happens when they get it to an appellate court not presided over by federalist judge

MU Fan in Connecticut

  • Registered User
  • All American
  • *****
  • Posts: 3058
Re: Student Loan Forgiveness
« Reply #22 on: November 11, 2022, 03:32:15 PM »
In reality, it probably is.

It probably isn't it.

Hards Alumni

  • All American
  • *****
  • Posts: 5722
Re: Student Loan Forgiveness
« Reply #23 on: November 11, 2022, 03:33:37 PM »
It probably is.

No shot.  This will go all the way up the chain.

It's already been appealed to the 5th US Circuit Court of Appeals by the DOJ.

WhiteTrash

  • All American
  • *****
  • Posts: 1771
Re: Student Loan Forgiveness
« Reply #24 on: November 11, 2022, 04:55:48 PM »
Hey, at least both PPP and student loan forgiveness were passed by Congress.
Joke? If not, you need to check your facts.