Elizabeth Warren Unveils $640 Billion College Debt Forgiveness Plan

Discussion in 'Current Events' started by Pollycy, Apr 22, 2019.

  1. Pollycy

    Pollycy Well-Known Member

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    Two days after fanning the 'impeach Trump' fires, Democrat presidential candidate "Dizzy Lizzy" Warren now panders to Millennials and Gen Z'er's with a SIX HUNDRED FORTY BILLION DOLLAR GIVEAWAY to pay off their college debts.

    "Elizabeth Warren wants to 'cancel' student debt for millions"
    You can't make this stuff up:
    https://www.foxbusiness.com/economy/elizabeth-warren-cancel-student-debt
    https://www.newsmax.com/newsfront/warren-college-debt-forgiveness/2019/04/22/id/912679/'

    Ah, a PARASITE'S DELIGHT -- FREE COLLEGE (on top of all the other Democrat FREE STUFF)!

    upload_2019-4-22_9-54-56.png . "Vote for her and get a free Ph.D in Sociology? Cool!"
     
    Last edited: Apr 22, 2019
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  2. Daniel Light

    Daniel Light Well-Known Member

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    Warren panders to the poor - Trump panders to the wealthy.

    Time for a viable third party in this country.
     
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  3. ArchStanton

    ArchStanton Banned

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    She wants those female voters. 2/3 of student debt is held by the ladies.....does that say something about useless degrees? I think so.

    It's time to go after whoever preys on the students :roflol::roflol: leave it to auntie maxine:
     
  4. Pollycy

    Pollycy Well-Known Member

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    Great God Almighty! Is it just possible (POSSIBLE) that you and I might actually have the basis on which to agree about something?!
     
  5. drluggit

    drluggit Well-Known Member

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    Nothing says FU to retirees or pensioners who's investments subsidized those loans than what ms Warren is suggesting. It's like she is purposefully trying to F over retired folks.....and folks who save. I suppose she'll do anything now to get out of the basement that her current national numbers dumped her into. Free stuff..... freeeee stuffff..... Like a carney barker...
     
  6. Fisherguy

    Fisherguy Well-Known Member

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    Let's spend the money instead on another useless Republican-led trillion dollar invasion
    of another country. Which one? It doesn't really matter, does it?
     
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  7. Abqguardian

    Abqguardian Well-Known Member

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    While forgiveness isnt the answer something needs to happen with the student loans. Like charging zero interest and lowering cost of college. There are a lot of millennials stuck in financial purgatory because of this
     
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  8. ArchStanton

    ArchStanton Banned

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    Like the last one in Syria....oh wait
     
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  9. ArchStanton

    ArchStanton Banned

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    That's not the answer. Charge the going rate and pay the SOB back. What needs to happen is that loans aren't available for useless degrees.....which means over 75% of college degrees will have to be paid for out of pocket.
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    Earnings are higher for those with a high school diploma. Median weekly earnings for workers with a high school diploma equal $678. That works out to $35,256 per year.

    Americans with a bachelor’s degree earn a weekly average of $1,137. That’s higher than the median weekly earnings for workers at all education levels, $860. Average earnings for workers with bachelor’s degrees work out to $59,124 per year.

    Median earnings for holders of master’s degrees are $1,341 per week, $69,732 per year.

    Workers with a professional degree earn a median weekly salary of $1,730, the highest weekly earnings of any of the educational categories. That works out to $89,960 per year.

    You might think that Americans with a doctorate would earn more than those with a professional degree, but in fact they earn less. Median weekly earnings for workers with doctorates are $1,623. Annualized, that’s $84,396.

    https://smartasset.com/retirement/the-average-salary-by-education-level

    Among the Class of 2018, 69% of college students took out student loans, and they graduated with an average debt of $29,800, including both private and federal debt. Meanwhile, 14% of their parents took out an average of $35,600 in federal Parent PLUS loans.
    https://studentloanhero.com/student-loan-debt-statistics/

    A college education is an investment. Those who took loans and now are making those salaries can take that difference between the non-college education and theirs and pay off their investment. Those who did not take that course have no obligation to pay off those loans.
     
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  11. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Great plan. Now all she has to do is get professors to give up their pay.
     
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  12. Papastox

    Papastox Well-Known Member

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    What is she thinking? That she actually has a chance for the nomination? LOL
     
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  13. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    Today's Democratic Party = FREE ****!!!!!

    That is the Democrats entire pitch.

    • FREE HEALTH CARE
    • FREE COLLEGE
    • FREE HOUSING
      FREE PHONE
    • FREE FOOD
    • FREE INCOME

    FREE FREE FREE FREE!!! COME AND GET IT SHEEPALS!!! WE OWN YOU!!!
     
  14. struth

    struth Well-Known Member

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    I am just glad someone in the Dem Party realizes they had the Govt take over the student loans. You know the person they put as a Committee Chair of Fin Services didn't even know that?! Let that sink in....
     
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  15. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    I worked my ass off through college and in High School to save up. Here were my jobs:
    • Gas Station Cashier Junior Year High School -1st Year American River College
    • Safeway Stores 1st - 2nd Year American River College
    • Law Firm UC San Diego (Prepared - Filed Documents with the courts in triplicate)
    • Law Firm UCLA (Same as above until Partner broke his ribs, then I was his lackey)

    While I worked and worked and worked, I had friends / roommates that took loans, partied, and partied some more. Now we want to forgive all those loans? Beers on me suckers! Pass the joint! That is all you are doing here.
     
  16. drluggit

    drluggit Well-Known Member

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    Ok, so why not make universities that charged these outrageous fees absorb them back? Why not make universities responsible for having so grossly over charged these kids in the first place? It isn't like most what they produce is effective or makes folks more ready for the workplace... And frankly, millennials should have understood their obligations. No sympathies from me. It's the I want more ice cream crowd throwing a temper tantrum because we asked them to actually pay for it...
     
  17. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    Here is the video. What an absolute embarrassment. The Democratic Party should be ashamed and apologize.

     
  18. Darthcervantes

    Darthcervantes Well-Known Member Past Donor

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    This is easy..just lower the interest rates..it shouldn't be 0..when they go to buy a house they aren't gonna get a 0% mortgage and that's gonna make this crappy new generation even more entitled than they already are..just make it low!
     
  19. Papastox

    Papastox Well-Known Member

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    Wow! That was my first thought too! Let each Lib professor "adopt" a student's college debt and pay for it themselves. Including Warren...she can afford to pay for a few...LOL
     
    Last edited: Apr 22, 2019
  20. HockeyDad

    HockeyDad Well-Known Member Past Donor

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    I have an engineering degree. One of the most disheartening things to happen in my profession is the introduction of grievance studies within the field. There are now engineering programs that involve having minority female students shadowing professors and pointing out instances of their white male privilege. Kill the hard sciences and engineering and kiss western civilization goodbye.

    Why are these freaks given a seat at the table, indeed put at the head of the table? How long will it before Americans have to travel to China/Japan to get a legitimate degree in the hard sciences?
    https://www.campusreform.org/?ID=9921
     
    Last edited: Apr 22, 2019
  21. PatriotNews

    PatriotNews Well-Known Member

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    Oh those poor college graduates. Well, this will teach them a lesson. If you vote for Democrats, they will pay off your college debt on the backs of those taxpayers that were dumb enough to work hard and pay off their own college loans and those taxpayers who work their butts off but didn't get the opportunity to go to college.

    This is Democrat redistribution of wealth from the poor to the rich, trickle up economics.
     
  22. Steve N

    Steve N Well-Known Member Past Donor

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    Why is college so expensive to begin with?
     
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  23. The Mello Guy

    The Mello Guy Well-Known Member

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    Honestly that should be addressed first or we’ll be back in the same position in a few years.
     
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  24. struth

    struth Well-Known Member

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    Because people like Sen Warren are paid half a million dollars to teach two classes
     
  25. HB Surfer

    HB Surfer Well-Known Member Past Donor

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    ^^^^^ The real question and issue is right here. This is the question the Democrats will avoid at all costs.
     
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