Thread 520518499

Student loan DEADBEATS are dragging everyone down in the US. There is a $2 trillion pile of student debt that is increasingly not being repaid, despite the consequences of nonpayment. This is quickly becoming a burden on the entire American economy, all due to lazy assholes who aren't paying what they owe.

How should we punish these deadbeats? What is the solution to this problem? These retards are holding the entire economy hostage.

>>520518499 (OP)
maybe stop giving away free money and calling it debt

>>520518567
maybe they should stop creating money out of thin air on their databases using accounting gimmicks

>>520518499 (OP)
I was making diligent payments every month for almost a year until they "transferred" my student loans and my contact information was exposed to a bunch of indian scammers.

I stopped paying my student loans because of this.

>>520518499 (OP)
It’s almost like our entire country is a scam build to keep its citizens enslaved to the pedophilic elite.

>>520518780
Cool it with the antisemitism.

Maybe make higher education free like the rest of the civilized world.

>>520519062
That would be a future reform. We're talking about the EXISTING debt.

>>520518499 (OP)
>DEADBEATS
lel seething kikes
You loaned an unemployed 18 year old $100,000. Now they can't pay it back. Learn some fiscal responsibility

>>520518499 (OP)
Checked, they need to be sold into slavery if they refuse to pay.

>>520519185
This.

>>520518499 (OP)
Let them all default and declare bk. The banKers can repossess their education. The next time they won't lend them so much fucking money and then maybe, they won't start life half a million dollars in debt and the rest of us can actually afford to go to school and learn real skills.

>>520519185
The money is owed to the federal government. Those kids stole from taxpayers. The national debt increases with each defaulted loan. Do you realize this? Those loan contracts were sacred compacts with the American people.

>>520518499 (OP)
>What is the solution to this problem?
Sue all the educational facilities that ran a scam akin to the insurance industry, charging excess because they knew someone else was picking up the tab.

>>520519399
>muh national debt!
No one gives a fuck, mitt romney

>>520518499 (OP)
Send them to forced mining camps to repay their denbts!

>>520518499 (OP)
Do you actually think that American education is worth it? I think you are getting scammed by inflating prices rising the entry barrier for your own children, and then you turn around and start importing actually smart people from all over the world.
You don't give a chance for your own young fresh out of the college working force, because they have to repay student lawns, and a foreigner is not, he just going to send money back to his homeland.
This could be a good idea if education would be free for all Americans, or if you don't import migrants, but both is ridiculous.

>>520519616
This nut then also set the wage they'll be working at at 10/hr.

>>520518499 (OP)
Eat it, kikes.
>NO NOT MUH TAXES
Overturn the Biden bill from 2005 that disallowed the discharging of student loans in bankruptcy court. The kikes will be hurt, not you.

>>520518499 (OP)
Here's the reality check. They are definitely replacing humans in the work force with machines and ai.

They'll tell you that they are introducing ai to the workflow as an augmentation, but those who accel at leveraging ai will keep their jobs and everyone else will eat dust.

>>520518499 (OP)
>Let everyone go to college. No big deal. Higher Education is a human right so let's invest in our future and make the loans to make it happen

2007-2018

>Wait ..what.. I can only make $15 an hour because everyone has a degree?


2023-

Why are people so fucking retarded? Labor is valued by scarcity and nothing else. Literally there is no other factor that values pay. If you are the only bricklayer in town you are busy and can charge what you want. If the town has 1000 Mexican bricklayers you will be lucky to find work

>>520518933
>I stopped paying my student loans because of this.

That's okay they'll just send your employer an order to garnish 25% of your wages until it's paid off... plus fees, of course :)

Any time I read anything about finance I'm surprised by the utter jewery of it all. The whole thing is just a scam.

>>520518952
Explain it to me like I’m a regarded faggot (spoiler: I am). How would all of these people paying back their student loans benefit me in any way?

>>520520661
It wouldn't. Kikes just want their scam honored. Their ultimate nightmare is a debt jubilee.

>>520518499 (OP)
>despite the consequences of nonpayment.
The consequences are entirely the purpose of most of the debt in the first place.

>>520518499 (OP)
I don't understand the problem, OP.

>This is quickly becoming a burden on the entire American economy
How? Neither you nor I loaned anyone any money here. Nor did any of the businesses you visited recently. Is anyone's wages dropping because of this? Are you paying more on products because of this? Explain how.

>>520518499 (OP)
I hate kikes so much it's unreal. What was that about student something something?

>>520520661
It would significantly lower inflation.

>>520520829
That's charitable.

>>520518499 (OP)
Ahh The revolt of non payers.

I would just say surrender your fucking diploma and forfeit all future tax returns and call it a day. No need to collect literally uncollectable debt. Let these people get on with their lives.

>>520519830
>The kikes will be hurt, not you.
This. The issuing banks should be made to eat the cost.

>>520521003
My debt has been sold a thousand time over. Nobody knows who even issued the original.

>>520520878
Because it is increasing the national debt and because student loan notes were often securitized through financial instruments known as SLABS (student loan asset-backed securities). The SLABS market is embedded into the financial system, and higher-than-expected rates of nonpayment have the potential to set off a financial contagion. So, to give you an AI-style summary:

>1. The debts are ultimately owed to the American people because the federal government holds the notes
>2. The debts are often cross-securitized via SLABS, and SLABS could set off a wider crisis in the markets if they fail.

That's why.

They should be drafted into the military and sent straight to Nigeria

>>520518499 (OP)
They'll just sell it to banks. Then you'll be paying goldman sachs and Wells Fargo jews

>>520518933
Based. If everyone does this Jew bankers will force congress to bail everyone out.

>>520520633
The kikes hate God because he forbids usury, among other things.

>>520521151
I literally havent paid them since 2016, and I just ignore their emails.

>>520521436
Only for Israelites. There were no rules in the Bible about loans to goyim

>>520519766
Checked and correct

>>520518499 (OP)
Still not paying it off, Jew. Your scheme was a scam. Your economy is collapsing. Good fucking riddance.

Just don't charge for education and have it paid for by taxes. Oh wait, we can't do that since we gotta give it all to (((foreign aid)))

>>520519399
>b-but I’m a taxpayer
You clearly don’t pay enough taxes, Moishe. How about a 100% tax on every dollar and asset that you and your family owns? It belongs to real Americans.

Its crazy seeing Americans invent more and more elaborate systems to basically rationalize the country not being poorer.

>Oh no you're not poorer, you just have a lot of student debt. See all you need to do is pay off the debt and you're actually rich! Sure you'll pay insane amount of rent which means it'll take a long time for you to save up to get a mortgage, but this doesn't mean you're poorer. Just look here, you can buy these electronics from Asia and you can pay to have an Indian deliver food right to your door. Amazing luxuries!

>>520522900
I think the only reason we helped to save the Jews in WW2 was to use Jewish money magic to help us justify our existence after The Great Depression.

>>520522436
A college degree will be as useless as a high school diploma then, dipshit. Scarcity = Value

>>520520457
Based. Then you agree that teaching other people is actually a bad thing since it potentially opens you up to being outcompeted.

>>520523256
>Being this much of a retarded mutt
Get the fuck out of my country.

>>520520966
But the goal of the Fed is to keep a constant level of inflation. If say all of these loans were just paid back IMMEDIATELY you'd see rapid deflation.

>>520518499 (OP)
>the consequences of not paying
Keeping my money?

>>520520631
Post your address tough guy.

>>520521258
So force people into the military? Do conscripts make good soldiers?

>>520519399
>>520519119
Seething kike.

>>520523318
Uhh..you missed the point
Advocates of mass higher learning enrollment destroy the value of said higher learning

Like how if everyone is a billionaire then nothing is affordable

i payered off my student loans im such a good bean :)

>>520523660
>Like how if everyone is a billionaire then nothing is affordable

Based on our current economic model. Eventually everyone is going to be a billionaire.

>>520519032
>t. every edgelord faggit here that is actually a cubicle working conformist with a 401k
You niggers are getting shot too

>>520523256
When degrees are no longer "I paid you give me my degree" and it's no longer an expectation that you'll get one for just showing up, colleges will be able to make the coursework more intensive and exclusive. No more retarded women and browns scoring 19 on the ACT dragging down the difficulty because they gave the university money and expect to do drugs and fuck all day instead of studying.

>>520518499 (OP)
>There is a $2 trillion pile of student debt that is increasingly not being repaid
That's what the government spends on niggers and jews in like four months, cry me a fucking river.

>>520518499 (OP)
You tricked naive teens into debt slavery on the promise of well paying jobs that did not exist. Student loans should be invalidated. And I mean invalidated, not covered by the government, just straight up cancelled, the creditors should eat the losses.

>>520518780
Does anybody think Europe can fight Russia?
They're going to go for it sooner than later, I think they will do it soon to shore up Ukraine.

>>520523944
Creditors eating losses means the engine stops moving

>>520518499 (OP)
Yeah it's the 18 year olds that are the problem not the massive institutions charging exorbitant fees on federally guaranteed loans.
The universities get money hand over fist, the banks get money hand over fist the government enables it all for a pathetic amount of bribe money considering the social cost and we all get to impotently rage at the retarded children.

>>520524060
Then let's just delete the creditors if they are such a threat to this country.

>>520523511
1111 Constitution Ave. NW, Washington, DC 20224
You won't do shit faggot lmao.

>>520524244
Why does nobody ever suggest just auditing the universities and forcing them to repay the excess charged themselves.
Oh you charged $100,000 for a gay jew to rant about whites all day? That's refunded. Oh you don't have the money anymore? Take it up with the bank, not our problem.

>>520521444
Yeah, the only reason to actually pay them is if you’re retarded

>>520524502
>unironically defending kikes using government to enslave the young
Kill yourself dude, seriously

>>520518952
stupid faggots took giant loans to buy cocaine and hang out at orgy parties in college, most didnt even get a degree

fuck subsidizing those faggots when i had to work my ass off, sounds jewish as fuck

>>520518499 (OP)
Sounds like the lenders took a bad risk. Let the chips fall where they may and stop giving creditors special legal protections

>>520525341
You don't understand. If this happens. Deflation will occur.

>>520525341
They didn't take a risk because the government guaranteed the loan would be paid back and couldn't be forgiven. That why banks gave out loans for any degree.

>>520525406
The only options are to bring back slavery or enable banks to harvest organs in lieu of payment. For the gdp pbuh

>>520518499 (OP)
>>520518567
>>520524107
why everyone needs to have college education?

>>520521195
Oh, no! The house of cards! Won't somebody please thing of the house of cards!
>pearl clutching intensifies
>an oy vey echoes softly in the distance

>>520525045
I'm not defending the government. I'm just telling anon the reality of the situation. If you don't pay your taxes or debts to the government, they WILL come in and assfuck you. You can go all Ruby Ridge if you want but the government doesn't let it slide.

>>520526231
They don't but there was a massive push against trades in the 2000's, 2010's to the point where your parents would act like not getting into university was as bad as being a crack addict.
Honestly boomers and gen x were completely retarded.
Remember your parents could easily be multi millionaires now just by paying off their cheap mortgage and getting a rental property but they thought being rich relied on a piece of paper.
The financial crisis was a result of banks just giving away home loans and afterwards house prices plummeted. Basic buy low sell high was arcane financial magic to them who just saw their immediate net worth drop and shit their pants.
This generation was supposed to give good advice on getting a loan as an investment in your career

>>520518499 (OP)
>Mfw I got my 16k debt forgiven last year under SAVE since the original amount I borrowed was right at the cutoff of 12k
Thanks Biden!
It was a good amount of money for me at the time.
I still have no sympathy for retards that take out like 100k loans though.

>>520526231
A kiked boomer scam where they convince you that you need a college education to thrive in femcentric fag society because if not "you're a loser" and "you'll never make money or have a house or a wife" because that's all they've programmed women to care about, materialistic bullshit and using men as providers as they fuck Chad behind your back

>>520518499 (OP)
Psyop.

Plenty pay off their debt. Its the new debt that comes every semester that sets it off.

>>520518499 (OP)
>democrats say theyre gonna absolve student loans
Yeah, no idea why the fuck someone would want to pay back a loan that's potentially getting wiped.

>>520527136
lmao, good luck garnishing my welfare.

>>520518567
>>520518499 (OP)
Go make the universities pay it back!

>>520527245
It's true women with a degree won't marry a man with a lower-tier degree (or no degree).
>inb4 you're a plumber and a landlord making $500k

1967 Commercial

https://youtu.be/0GhnAt4torQ

>>520519399
>sacred compacts with the American people.
The american people can fucking starve

>>520519399
It's private debt guaranteed to the private companies by the government.
AKA the companies make money no matter what.
Total scam.