Be of good cheer, kids. You’ll get relief in 20 or 25 years! cnbc.com/2023/07/14/biden-fo…

Jul 14, 2023 · 1:37 PM UTC

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Replying to @marwilliamson
You have no clue how the economy works. You like to hear yourself speak.
Replying to @marwilliamson
I think this is just 1 step. This does not reflect his whole policy. Shame on you. Aren’t you the honesty we need? I’m questioning your actions on this one
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Replying to @marwilliamson
*income based payments- Meaning they only take a small percentage of your earnings. I’ve been doing it for years and it’s far less than a car payment. It’s more than fair.
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Replying to @marwilliamson
Thanks, Joe! People can pay $20k-30k or so of nothing but interest and then maybe have the rest forgiven just in time for retirement if they were able to pull every payment off on time (unless he engulfs the planet in the flames of WWIII). For f*ck’s sake. 🤦🏻‍♂️
Replying to @marwilliamson
Why are we focusing on the debt? Why doesn’t anyone focus on the outrageous tuition and housing cost….I don’t get it? Beside why do people who never went to college or paid off their debt have to pay off the debt of others. College is a choice not a requirement.
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Dear @marwilliamson The Federal government entered the student loan business with the passage of the Health Care and Education Reconciliation Act of 2010. This act eliminated the role of private banks as intermediaries for federal student loans, making the government the sole lender for these loans. Since then we have had skyrocketing tuition and a massive student loan debt crisis. Please advocate for the federal government exiting the $1.9 trillion student loan business where they never should’ve gotten involved in the first place. Thank you, Max
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Replying to @marwilliamson
What makes MORE sense is simply allowing people with student debt to file for bankruptcy relief under existing law. That way, only poor people will get the relief.
Replying to @marwilliamson
Can you stop being so negative, please.
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Replying to @marwilliamson
WHERE DOES THE 39 billion go? &honestly how does 8,000,000 dollars of owed money go away? not so simple. Imagine you have your 140,000 dollar average college debt removed. you get to go do what now? grab some credit cards? buy a car with 30 in spin rims? well taxes go to up 20%.
Replying to @marwilliamson
Why are you not mentioning he was stopped by republicans and the SC from a much broader relief? This is why you are not going to be taken seriously.