Message from @Cryrosphere
Discord ID: 687501126769180701
when you have debt, it' sgood whent he fucking currency is inflated
Removing federal student loan interest, instituting a moratorium on payments, and having loans forgiven entirely. None of these options have been entertained by the Republican majority Senate, perpetuating the problem.
just do like we have no interest as long as you work in the country
and were do you suppose they will get the money for this?
what is moratorium
i'm not the best with econ
you cant just clear the loans
so please forgive me
Affixing interest rates to student loans is a detriment as you're simply crippling the next generation of the work force.
Moratorium is essentially a "pause" on payments
a 'halt' on the loan, meaning forget they exist for awhile
yeah i think we should just freeze em and wait until they are paid off then scrap it entirely
we are out of time and assets for that
forcing colleges to lower prices
any attempt to do that will cause people to sell off asseets to free up liqidity
the only reason collage is so expensive is cause the banks WILL give out that much cash
@Big Krunkus - So there's your argument. Republicans have implemented no meaningful legislation to alleviate the student debt crisis, while Democrats are constantly pushing proposals to give graduates the opportunity to succeed in the workforce.
that sell off will result in the currency inflation skyrocketing
whilst i don't think the dem plans are exactly good
wrong
how will it result in inflation
nothing is what we should have done AGES ago
LET THE BANKS FAIL
Why don't we just make the billionaires pay for it
you know how many people will get alienated if students get all there debts cleared
AND let the interest rate rise
@Big Krunkus who is the arbiter of who gets to pay for someone else's debt
billionaires will pay for it untill they move to another country
Uh, why not me?
oh i fully agree
why let intrests rise?
companies holding that debt will think the gov is coming for their shit
isn't that a bad thing?
and start selling their shit like mad
but im more you signed on the line man up to what you did
the banks are predatory
@Big Krunkus - There's currently 607 billionaires in the United States. Taxing 5% of the wealth from any *single* member of the top 10 on the Forbes 400 list would result in the repayment of all US student loans, which could be incentivized by tax breaks.
they are billionairs only cause of the stocks they hold