Student loan repayment pause about to un-pause

[Rockbuggy84]

Hey, im doing great financially and the loan forgiveness program effects me in the slightest.

But its monumentally hypocritical and clown-world hysterical what "conservatives" consider socialism and what they consider capitalism.

Yet, whenever i point this out everyone brings out the personal attacks. Because they cant have their retarded bubble popped by wrestling with the facts of where the country is today.

You’re making shit up as you go along to justify blaming a certain generation for life not being fair to you.

You ask most conservatives, we want no handouts, nor is social security our retirement plan.

You’ll never once see a man or woman with self respect and pride, blaming anyone for their failures, or for how hard life is. That says a lot about you.

 

[Ebs]

But its monumentally hypocritical and clown-world hysterical what "conservatives" consider socialism and what they consider capitalism.

You keep bringing this up, I don't see many disagreeing with you. It's all bs, loan forgiveness is just another example of that.

 

[JR4X]

I mean honestly whether it's this or that , it's the whining and complaining about the choices that were made.

"I was 18 and didn't know any better, I was preyed upon"

Yea well I was 18 and didn't know any better as well, I mean honestly who the fuck knows any better at 18.

I did. Had the same opportunities and advice as everyone else. I took a placement test at a college. I figured up what it was going to require to get a 2 year degree. What it was going to require to get a 4 year degree. Weighed that against what the earning potential of the options I was willing to entertain and with the interest rate I decided it didn’t make any sense. So while my friends took students loans and went to college I went to work building a career. I’ve made more money up to now than most of my friends who went to college. The most successful people in my circles never got a college degree.

Now those people who got what they were promised in exchange for the debt they willingly took on want someone else to pay for it since they didn’t turn it into the value they thought they would.

While we’re on the subject. I’m completely behind any movement that would lower college costs. Deplatform liberal shithole colleges. Let’s fix this debacle for the next generations while also teaching the next gens to honor their word. Follow through with their contracts. Pay their way. Stop teaching kids what to think teach them TO think.

 

[rockota]

Boomers are totally unable to reconcile the fact that they ruined this country and in first ever time in America, will leave everything worse for the next generation, rather than better.

But hey, thats "conservatism" for you.

you keep defining a word that you clearly do not understand.
Please cite your sources for your definitions of "conservatism" in this thread.

 

[IEATRKS84]

You’re making shit up as you go along to justify blaming a certain generation for life not being fair to you.

You ask most conservatives, we want no handouts, nor is social security our retirement plan.

You’ll never once see a man or woman with self respect and pride, blaming anyone for their failures, or for how hard life is. That says a lot about you.

Pointing out that boomers flushed this country down the toilet so they could ride their golden parachutes into retirement while the next generations get to pick up the pieces is a fact. Its not me blaming someone else because i have a mortgage. Thats asinine.

If you cant deal with the fact that the boomers ruined this country, and that rustles your jimmies, then that probably makes you one of those dipshit boomers who cant deal with facts.

But, hey, enjoy my paycheck in your retirement while grumbling about how millennials should just try harder.

 

[ManKrawler]

Wow. Why am I being personally attacked? I'm just pointing out all the tax payer dollars that go to countries that literally hate us and soul-less mega corporations that drape themselves in the trans-rights flag

I edited my post because I told you to "shut-up" and that was wrong, I do apologize and don't want to add to your feelings of being attacked.

 

[Bonanza]

Just want to leave this here because it'll

1. I haven't paid my loans since 2020(ish)
2. Each month since then, "counts" towards my forgiveness payments.
3. I now have 120 months of qualifying payments, and I just submitted request for forgiveness in the amount of around $300k.

I will say, I've paid back over $100k at this point. Student loans are dumb. Boomers complaining about loan forgiveness are also dumb. I could have easily paid back my schooling expenses without assistance if the government didn't single handedly encourage every college in the country to increase its tuition rates by making loans available with no restrictions on what colleges had to do to get them. Further, colleges increased every other expense of college, which is by all accounts the most expensive part-- room, board, books, living costs, etc. I paid for college myself, but graduate school was impossible. I got out of school with $239k in debt. After making over $100k in payments, my principal went up (UP) to $280k. Interest is 8%, a number which is unconscionable on its own, but also non-negotiable. There is simply no other way of getting an advanced degree without loans.

Tuition for colleges, trade schools, and licensing centers should be free. The model we have doesn't work, and the government is going to pay for it one way or another. Same thing with healthcare. I already paid way more than I should have had to pay; the system is stupid.

Imagine getting $300k and not having it affect your life in any appreciate way. Whatever. I just work here.

 

[Rockbuggy84]

Pointing out that boomers flushed this country down the toilet so they could ride their golden parachutes into retirement while the next generations get to pick up the pieces is a fact. Its not me blaming someone else because i have a mortgage. Thats asinine.

If you cant deal with the fact that the boomers ruined this country, and that rustles your jimmies, then that probably makes you one of those dipshit boomers who cant deal with facts.

But, hey, enjoy my paycheck in your retirement while grumbling about how millennials should just try harder.

Here, let’s use your logic.

If we’re blaming boomers for destroying the country, we’re blaming your generation for not fixing it. That makes you the bigger failure.

Strong men see hard times and failures of the past and fix them so they’re not repeated.

Weak men see hard times and failures of the past and cry and blame everyone prior for their personal shortcomings.

 

[IEATRKS84]

Here, let’s use your logic.

If we’re blaming boomers for destroying the country, we’re blaming your generation for not fixing it. That makes you the bigger failure.

boomer

 

[MuntCuffin]

I edited my post because I told you to "shut-up" and that was wrong, I do apologize and don't want to add to your feelings of being attacked.

But you really should look at how you lash out when backed into a corner. I count 5 times in this thread you have used the term "boomers" as a slur, you called people "fat asses" and "retarded."

To your point, TRAITORS are the individuals in this country selling us Middle Class Americans out. Money to the foreign endeavors you point out is wrong, and the majority of the members on this heavily conservative website will agree with you. However, paying back personal debt, whatever it was taken out for, is the signors responsibility. The manufactured hysteria of Covid is not a reason to let everyone out of their student loan obligations. The precedent being set letting people out of their obligations is no better than the countries absurd Debt Ceiling being touted as a "win."

As for the "boomers" you so loathe, I was taught to respect my elders, were you? Baby Boomers paid into Social Security, it is their right to collect it back and perhaps .000001% of the "Boomers" have caused the issues our generation will see with SS. It is not their fault, and they do have a right to collect it.

I do advise you to fix some of these problems you see. Run for the Planning Commission in Tooele, after a term or two you can get on City Council, do your job well and try for Mayor. If elected Mayor, be involved with every task force you can, make a name for yourself and you might be able to get on as a Legislator, and hope to try and serve as Governor. It will take 15-20 years and cut the same off your lifespan, but you can really make a difference if you commit yourself.

Otherwise, suck it up, stop paying attention to the manufactured politics that have nothing to do with the average American. Protect your family and create generational wealth, serve your neighbors, be selfless. I am trying like hell to do these things, and generally feel better about it. I can not fix the Federal Government.

Edit: that makes 7 times using Boomers as a slur, and add on "dipshits"

I see your point, and yes, signer should pay back all debts.

But, after years upon years of "don't even consider trade school, you gotta go to college. Go to college man, all your friends are. No matter what, you gotta go to college." And then the loans are made artificially cheap, and young people are financially preyed upon (personal finance is NOT taught in highschool), and then you make those loans bankruptcy proof, all while the jobs that the really expensive paper qualifies you for all pay $40k a year tops....some of that responsibility (NOT ALL) falls on the system and its creators that preys upon the ignorant (i am lumping myself in that class) and aimless.


Why do we have so many young people that are absolutely aimless? Why do we have high-school graduate that don't have a clue what a checkbook is, let alone how to balance it? Why do we push all our young to college, regardless of their natural inclinations and specializations? Our young kids didn't create this system, they are a product of it. Ignorance isn't a defense, but it is a factor.

 

[Rockbuggy84]

boomer

I’m 38 and have never once blamed life being hard on anyone. But then again, I wasn’t raised by a pussy.

 

[Bonanza]

Pointing out that boomers flushed this country down the toilet so they could ride their golden parachutes into retirement while the next generations get to pick up the pieces is a fact. Its not me blaming someone else because i have a mortgage. Thats asinine.

If you cant deal with the fact that the boomers ruined this country, and that rustles your jimmies, then that probably makes you one of those dipshit boomers who cant deal with facts.

But, hey, enjoy my paycheck in your retirement while grumbling about how millennials should just try harder.

I agree with this 100%.

My father, a Fox-News 24/7 kinda guy, couldn't take a breath without condemning socialists, immigrants, welfare queens, etc. Still can't. And yet, as soon as his medicare/guvmint perk kicked in, he's sucked the government teet so dry it chafed-- knee replacement, doctor's appointments every other week, etc. etc. All on the taxpayer dime. Ironically he still refuses to believe government healthcare is good for everyone.

I ensure to go out of my way to remind him how easy his generation had it, has it, and will forever be the most privileged population of human beings to have ever lived on the planet. I wonder what it would be like to live in economic boom times instead of constant war, recession, pandemic, etc.

An epic four-decade boom in housing and stock prices made Baby Boomers the richest generation in US history. A new study shows just how difficult it will be for younger Americans to copy that success.

The wealth boom since 1980 widened the gaps between rich and poor and young and old to record levels, the research finds. While the gains were concentrated at the top, bypassing the poorer half of the age group, the average older Boomer reached retirement age 65% richer than the generations born before World War II.

Millennials and other young Americans now face a steep climb. Even before stock markets tumbled this year, younger generations were lagging behind Boomers. In the working paper’s most recent data, the wealth gap between adults over 60 and those under 40 has more than doubled since the 1960s and 1970s.

 

[Snoop dogg]

I did. Had the same opportunities and advice as everyone else. I took a placement test at a college. I figured up what it was going to require to get a 2 year degree. What it was going to require to get a 4 year degree. Weighed that against what the earning potential of the options I was willing to entertain and with the interest rate I decided it didn’t make any sense. So while my friends took students loans and went to college I went to work building a career. I’ve made more money up to now than most of my friends who went to college. The most successful people in my circles never got a college degree.

Now those people who got what they were promised in exchange for the debt they willingly took on want someone else to pay for it since they didn’t turn it into the value they thought they would.

While we’re on the subject. I’m completely behind any movement that would lower college costs. Deplatform liberal shithole colleges. Let’s fix this debacle for the next generations while also teaching the next gens to honor their word. Follow through with their contracts. Pay their way. Stop teaching kids what to think teach them TO think.

I land on the spot where I definitely thought my degree was just gonna = easy street in regards to landing a well paying job. Industrial Design

It didn't, hell it was hard to even get hired at that time (I wasn't very competitive and there was plenty of talent). I fell back on the type of work I did through college, fab shop here...fab shop there. Now I'm in the roofing industry and doing more fab work then I had in the last 10 years. I believe that if I stuck with the fab industry, removed myself from school and took what talent I had at that time and just plugged away at fabbing....I'd have more money and doing more of what I like daily.

Hell I liked to party too much. 20 years since college and it's the last 5 years that that I'm finally realizing the positive impact of a healthier lifestyle and hard work.

Some people figure that shit out when there 18....I am not one of those.

 

[IEATRKS84]

I’m 38 and have never once blamed life being hard on anyone. But then again, I wasn’t raised by a pussy.

Well what are you doing? Youre a fucking janitor getting his jimmies rustled for free lmao

CLEAN IT UP JANNIE!!!!

 

[Tiha]

Pointing out that boomers flushed this country down the toilet so they could ride their golden parachutes into retirement while the next generations get to pick up the pieces is a fact. Its not me blaming someone else because i have a mortgage. Thats asinine.

If you cant deal with the fact that the boomers ruined this country, and that rustles your jimmies, then that probably makes you one of those dipshit boomers who cant deal with facts.

But, hey, enjoy my paycheck in your retirement while grumbling about how millennials should just try harder.

Just curios as to what the boomers did to ruin the country?

I'm gen x so i don't care. But I did spank my kids and looks like I have raised them right. They don't take anything for granted.

We pay SS taxes to support our parents. Just like my kids will pay for mine. I don't like it. I hope that have saved enough to not need SS but I certainly earned it as much as anyone else who held a job their whole life.

 

[Rockbuggy84]

N

Well what are you doing? Youre a fucking janitor getting his jimmies rustled for free lmao

CLEAN IT UP JANNIE!!!!

Excellent rebuttal

 

[IEATRKS84]

I agree with this 100%.

My father, a Fox-News 24/7 kinda guy, couldn't take a breath without condemning socialists, immigrants, welfare queens, etc. Still can't. And yet, as soon as his medicare/guvmint perk kicked in, he's sucked the government teet so dry it chafed-- knee replacement, doctor's appointments every other week, etc. etc. All on the taxpayer dime. Ironically he still refuses to believe government healthcare is good for everyone.

I ensure to go out of my way to remind him how easy his generation had it, has it, and will forever be the most privileged population of human beings to have ever lived on the planet. I wonder what it would be like to live in economic boom times instead of constant war, recession, pandemic, etc.

An epic four-decade boom in housing and stock prices made Baby Boomers the richest generation in US history. A new study shows just how difficult it will be for younger Americans to copy that success.

The wealth boom since 1980 widened the gaps between rich and poor and young and old to record levels, the research finds. While the gains were concentrated at the top, bypassing the poorer half of the age group, the average older Boomer reached retirement age 65% richer than the generations born before World War II.

Millennials and other young Americans now face a steep climb. Even before stock markets tumbled this year, younger generations were lagging behind Boomers. In the working paper’s most recent data, the wealth gap between adults over 60 and those under 40 has more than doubled since the 1960s and 1970s.

I am being intentionally trollish to try and work up all the pick-me hoes that are clearly upset in this thread, but what you typed out is exactly my point.

The most fervent anger i see coming from "conservatives" is always in relation to student loan forgiveness and healthcare. Im not necessarily arguing for student loan forgiveness, as i agree they took the money out, they should pay it. But look at all the dumb shit we spend money on every year and it garners one tenth of the vitriol from so-called "conservatives".

Ukraine, JP Morgan Chase, Lockhead Martin, Raytheon, Northrup Grumman, Israel, SSI, etc, etc ad nauseum.

I would rank student loan forgiveness much higher on the list of shit we need to spend money on than those (well maybe not SSI). And student loans are a drop the bucket in comparison.

You cant get "conservatives" to lift a finger in response to any of those things, though. In reality, i think everyone has become black-pilled on the American dream and inately understand that theres nothing we can do to fix anyone of those things apart from burning it all to the ground and starting over. No R or D is ever going to change any of those social welfare programs as the multi-headed monster that is our current shadow government would never allow it.

I think the student load forgiveness debate just brings out all the narcistic, virtue-signalers who like to stamp their feet and proclaim their piety of fiscal-ness and moral superiority.

At the end of the day, i think everyone is just scrambling with their head down trying to obtain as much wealth as possible before the big crash and hoping that something comes along the way to keep this zombie of a country going long enough for their kids to graduate.

 

[Rockbuggy84]

The ever popular “I was just trolling” when you’re called out for being a complete loser for blaming a specific generation on your complete failures and life being too hard for you. Classic

 

[arse_sidewards]

To be fair it was pretty obvious from the get go he was being over the top in order to piss off the usual suspects.

 

[Snoop dogg]

To be fair it was pretty obvious from the get go he was being over the top in order to piss off the usual suspects.

To be fair if you have to go out of your way and be over the top, to "piss" people off you are an asshole.


some comedian recently made a joke about not wanting to be an asshole anymore, thinking about what the few people would say at his funeral.

"...well, uh...ya know Jim...he , uh...well he always paid his bills on time."

"....well, uh ya know...Jim...he, uh always trimmed his hedges."

 

[Rockbuggy84]

To be fair it was pretty obvious from the get go he was being over the top in order to piss off the usual suspects.

Blaming a specific age group, aged 59-77 on this forum isn’t exactly trolling. Dudes a fuckin loser and can’t take life for what it is.

 

[Animalmother]

The whole country wants a 6 figure office job working from home. No one wants to work. Pay your loans bitches. Should have hit the trades instead of buying the hype of college. Or should have hit the military for free school.

Not buying that boomers ruined the country be either, thats such a bs cop out. The last 20 years of brain washed woke fuck tards have done more damage faster than any other group til this point.

 

[Whistlepig]

I agree with this 100%.





Millennials and other young Americans now face a steep climb. Even before stock markets tumbled this year, younger generations were lagging behind Boomers. In the working paper’s most recent data, the wealth gap between adults over 60 and those under 40 has more than doubled since the 1960s and 1970s.

The reason I see younger people facing this steep climb from observing them at work is,

1. Most of them don't pay into a 401k at all because they think they can do better and don't even care about the free money from the company match.

2. The money they make they spend on 1K a month truck and car payments and other dumb shit instead of buying houses or investing in something that will build wealth.

3. And most important, They don't want to fucking work! They want to take off or lay out for every reason under the sun instead of putting in the time/effort to get ahead.

 

[rockota]

The whole country wants a 6 figure office job working from home. No one wants to work. Pay your loans bitches. Should have hit the trades instead of buying the hype of college. Or should have hit the military for free school.

Not buying that boomers ruined the country be either, thats such a bs cop out. The last 20 years of brain washed woke fuck tards have done more damage faster than any other group til this point.

/thread

 

[WLDWUN]

I would like to see that graph 20 and 40 years ago, as well as what it will look like 20 years from now.

it is a rolling wave with time.
that graph is only good for a point in time.
currently, yes, Babyboom is at the top, 40 years ago it was not, nor will it be in the future.

and if the Millennials want to increase their wealth, tell them to get a fuckin job

 

[rockota]

I agree with this 100%.

My father, a Fox-News 24/7 kinda guy, couldn't take a breath without condemning socialists, immigrants, welfare queens, etc. Still can't. And yet, as soon as his medicare/guvmint perk kicked in, he's sucked the government teet so dry it chafed-- knee replacement, doctor's appointments every other week, etc. etc. All on the taxpayer dime. Ironically he still refuses to believe government healthcare is good for everyone.

I ensure to go out of my way to remind him how easy his generation had it, has it, and will forever be the most privileged population of human beings to have ever lived on the planet. I wonder what it would be like to live in economic boom times instead of constant war, recession, pandemic, etc.

An epic four-decade boom in housing and stock prices made Baby Boomers the richest generation in US history. A new study shows just how difficult it will be for younger Americans to copy that success.

The wealth boom since 1980 widened the gaps between rich and poor and young and old to record levels, the research finds. While the gains were concentrated at the top, bypassing the poorer half of the age group, the average older Boomer reached retirement age 65% richer than the generations born before World War II.

Millennials and other young Americans now face a steep climb. Even before stock markets tumbled this year, younger generations were lagging behind Boomers. In the working paper’s most recent data, the wealth gap between adults over 60 and those under 40 has more than doubled since the 1960s and 1970s.

Net worth includes life insurance and house value…. So there are way more “rich folk” than people realize. Life insurance makes a big impact.

 

[Stingray]

I hear how millennials have it so tough, how collage is so expensive blah blah blah, yet I'm watching my 23 year old son go out find a job (without the aid of a college degree) and from high school to age 23 somehow find a way to have saved well over 6 figures manage to invest in high yield investments and generally be debt free.
Also I don't think I've heard him complain about hard work or being cheated or how someone else caused his life to be hard.

Should he be picking up the tab on anyone else's poor choices in life?

They DO teach finance and economics in high school, at least the one my son went to.
thus the above conservative spending practices. and aggressive saving.

This is just a general observation.

 

[rockota]

I hear how millennials have it so tough, how collage is so expensive blah blah blah, yet I'm watching my 23 year old son go out find a job (without the aid of a college degree) and from high school to age 23 somehow find a way to have saved well over 6 figures manage to invest in high yield investments and generally be debt free.
Also I don't think I've heard him complain about hard work or being cheated or how someone else caused his live to be hard.

Should he be picking up the tab on anyone else's poor choices in life?

They DO teach finance and economics in high school, at least the one my son went to.
thus the above conservative spending practices. and aggressive saving.

This is just a general observation.

Saved 6 figures while owning and rebuilding an 80 series?

That’s lottery winnings right there….


Congrats to you and him for that accomplishment.

 

[Stingray]

Saved 6 figures while owning and rebuilding an 80 series?

That’s lottery winnings right there….


Congrats to you and him for that accomplishment.

I was doing pretty well at 23, but I thought money was like milk, it had an expiration date, I spent it like there was no end. I was in my 30's before I slowed down and actively started saving.

I took him aside early on and didn't push any direction but emphasized putting something away every check, even if it's only $5.
explained that everything we have didn't show up overnight.

So the 80? I would have spent every dollar ASAP, he had pretty good self control and budgeted that way better than I would have.

 

[rockota]

I was doing pretty well at 23, but I thought money was like milk, it had an expiration date, I spent it like there was no end. I was in my 30's before I slowed down and actively started saving.

I took him aside early on and didn't push any direction but emphasized putting something away every check, even if it's only $5.
explained that everything we have didn't show up overnight.

So the 80? I would have spent every dollar ASAP, he had pretty good self control and budgeted that way better than I would have.

My mother was big on the “make $1, save $.50” her entire life. I hated it as a kid and young adult - I knew better!

Had I listened, I’d have retired at 30….