Message from @Mersenne
Discord ID: 687500652196528241
you have experienced this yourself after i just up and left because of your anti-anime spiel
Alright, let's do politics on student loans. The current system prevents filing bankrupcy for federal student loans - which when affixed with competitively high interest rates, prevent graduates in fields earning less than 60k annually from repaying a 100k loan in a 7 year timespan.
yeah, so?
This has perpetuated the student debt crisis, which currently totals 1.2 billion dollars. Republicans have failed to implement any correction to this cancerous system, while Democrats have proposed a plethora of viable options.
and who serves as the CLEARHOUSE for those loans?
@Mersenne what viable options
i mean you dont have to get a loan
the democrats will tank the economy
all i've heard is Bernie saying that he'll pay for it entirely
and then then having loans will be a good thing
if loans are getting paid pay them all or pay none
the best thing i thought was just freezing the loan system entirely so that students can pay and colleges will be forced to lower admission prices
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
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