Message from @Cryrosphere
Discord ID: 687501555104088179
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
they're better than nothing
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
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
damn that's a lot of billionaires
they dont have 160 billion in the bank
Taxing capital gains of course <:pepelaugh:544857300179877898>
they current situation doesn't let people both earn on savings AND have liquidity
so ur saying if i get a loan and cant pay it its cool if i get the goverment to clear it?
any extra mo ney is invested
AND...most importantly, if u pay only cash, pay as you go?
why don't we just scrap it like i said earlier, colleges spend the money on useless shit anyways
they didnt NEED to go to collage
you get fuckeed becauuse they don't allow collateralized loans to just anyone
Ok, I have been enlightened on the issue
yeah college is not a neccessity it's actually starting to wane in popularity due to cultural degeneracy