Thread 520992234

Why do leftoids find this concept so difficult to understand?

>>520992234 (OP)
the left:
>WHY DO I HAVE TO PAY BACK A LOAN WHICH I WILLINGLY SIGNED AFTER BEING GIVEN THE CHANCE TO REVIEW THE TERMS

>>520992234 (OP)
1. You required these degrees to aquire employment and then flooded the country with la or replacements.
2. You've broken the agreement and made repayment impossible; null and void.

You are a cuckold for Larry Fink.

>>520992234 (OP)
>You made a bad loan
>You go bankrupt
Why do schools and colleges find this concept so difficult to understand?

>>520992333
Good one. You come up with that all by yourself?

>be scammed
>forced to pay

>>520992234 (OP)
get rid of jewish bankers, the state should give loans with zero interest to white american citizens

If you're not on an Ivy league school you might as well try an european school, much cheaper.

>>520992464
no its just the number one excuse i hear, which i dont understand. i was offered those same loans at age 18 in the 2000's. i read the document, because i can read. i did math, because i can do math. then i didnt sign it.

>>520992333
I was literally 16 and AI didnt exist.

I own 2 houses and haven't paid my student loans in 15 years and never will because I send thousands of applications a year and get nothing. Living and a land leech now. They cant do shit to me. Seethe.

>>520992657
*as a
Sorry, phone posting.

>>520992657
if youre willing and able to live with the debt thats your business. i take no interest in it.

>>520992841
It literally effects no part of my life Ina ny way shape or form. Its entirely imaginary. Its not like a mortgage where not paying has actual consequences.

>>520992393
This, also the universities are price-gauging. They know that no one will hire you for a decent-paying job if you don't have a degree, so they can get away with charging over $200k for 4 years. If Republicans really wanted to own the libtard Critical Race Theory academics, they would put a price ceiling on tuition.

"Oh you want to maintain your nonprofit status and get research funding? Then stop ripping off your students."

>>520992234 (OP)
>pay it back
Now do all the banks bailed out in 2008

The loans need to be dischargable via bankruptcy. Overnight the whole college scam apparatus would evaporate, students and schools would need to demonstrate perceived value and the ability to feasible repay in the future.

We need to find a balance between education access and universities becoming basically popular resorts for kids. Educating should be cheaper via technology, not this absurd per semester cost we have now.

>>520992393
Yeah, they've changed reality. Fuck them.

>>520992234 (OP)
And Trump could just off $15-20k of forgiveness. Which wipes it out for state school chuds, but libtards with Masters from third tier toilets are still debt slaves.

>>520993135
The problem was people were getting loans and declaring bankruptcy after graduating as a "one weird trick" to get the degree for free.

>>520992576
Smart lad.

1. we artificially inflated the price of an education to absurd levels
2. we made it impossible to get good paying or intellectual work outside of our controlled system
3. we forced you to take a high interest loan, made it impossible to wipe out in bankruptcy in the greatest act of usury ever seen in human history
4. we're greedy fucks who drove down the real income of wages while everything skyrockets due to hyperinflation
5. pay it back, oh wait, you cant lol! pay interest forever to us, golem

>>520992234 (OP)
An unsecured loan is a liability for both the recipient and the issuer. If you issue bad loans the recipient can declare bankruptcy, that's part of the game.

But politicians broke this system that was working from our founding and made student loans perpetual. This made issuers confutable with issuing loans they knew had a very bad chance of being paid back, schools happy to offer courses with no economic value like grievance studies (black, whiteness, queer, fat etc.) or meme degrees like Ufology or Surfing Studies or ones with virtually no job prospects outside of acidemia like Egyptology or art history.

If you wanted to waste your money on such a degree such should be you right. But a lender should be able to take such things in account like future earning potential when they issue a loan. And if banks gave you a bad loan, or your financial situation is untenable you should have the right to seek relief via bankruptcy.

Jews run the banks, and these laws only protect them. The banks should take on risk when issuing loans it is only just. If you are against this then you are a cuck for the zog.

>>520992393
Anon you know there is another option....the option I have used without fail for 30 years now.

I just lie. I just say I have a BBA from some no name university. Literally not one job in my life has ever checked. Not one

The fact that so many of you are too stupid to figure it out means you deserve to be in lifelong debt.

>>520992234 (OP)
Imagine how cheap tuition would be if they didn't let retards in.

>>520993338
Of course. And once the loans are not backed by the tax payers, then they will stop giving out the loans. Meaning millions will lose access to higher education, as currently structured.

We need incentives to push affordable, accessible, but also useful higher education.

School is far too expensive, and the expected returns on a degree have plummeted, the majority are basically useless gatekeeping markers these days.

>>520993606
I know youre lying and have never had a job that required a degree before because ive had many all around the country and ALL of them require OFFICIAL TRANSCRIPTS FROM THE UNIVERSITY THEMSELVES. Each and every single one.

>>520993606
18 U.S.C. § 1001
Lying on job applications is a federal felony with penalties of up to 5 years in prison or up to a million dollars in fines.
Guy, please don't do this

>>520994007
I'm not applying to be a doctor or a lawyer, dipshit.

You think some boring gucking office job making excel sheets is gonna check for transcripts? Your age starts with a number 1 doesn't it, you poor naive simpleton

>>520993606
>saar just lie about your credentials, is 5000 year old secret Hindi trick
>anyone who isn't dishonest is stupid

loans are immoral and unchristian and you are commiting a sin by paying them back

They're socialists and think they deserve cushy government desk jobs

>>520992393
Kek based.

>>520994186
I guess you're too dumb or lazy to read the part that said
>The statement must be in a matter involving a federal agency, department, court, or congressional body.

I'm not applying for federal jobs, retard.

God damn, you all really deserve to remain poor and stupid. Play the jews game by the jews rules then. I tried to help. Enjoy your Mac n cheese dinner for the next 50 years. Poor dumb bastards

>>520994186
>>520994199
Oh additionally depending on the circumstances it might open you up to wire fraud (18 U.S.C. § 1343) or mail fraud (18 U.S.C. § 1341) as well and that's 20 years jail time in "Pound me in the ass" federal prison. I just thought of that too.

t. Assistant United States Attorney, we prosecute fags like this guy all the time

>>520992937
this.
haven't paid back 40k in student loans or ever paid a hospital bill
nothing has happened
no wage garnishment, no one has ever come knocking, nothing. i just rent from some boomer who doesn't care what my credit is as long as he gets his 1k check/month on time and im set.

>>520994459
Send your applications by email? That's wired fraud. Send them by post? That's mail fraud.

>>520992234 (OP)
It's racist and sexist.

>>520992234 (OP)
Lmao big banks are afraid of the anti usury gen z.

Literally waiting for a socialist president who makes it illegal for residential properties to be owned by non family entities with the stroke of a pen.

>>520994604
Post statistics for people arrested for lying on a resume. I'll wait. Because I think the MAJORITY of people fib on resume. It's practically expected.

And workplaces, they getting arrested for lying about positions via email? Because they lie even more to prospective applicants.

>>520992234 (OP)
In Orthodox churches and in Latin the word debt is used in place of trespasses in the Lord's Prayer.

>11Give us this day our daily bread. 12And forgive us our debts, as we also have forgiven our debtors. 13And lead us not into temptation, but deliver us from evil
>The Lord's Prayer in Latin (the "Pater Noster") PATER noster, qui es in cœlis; sanctificetur nomen tuum: Adveniat regnum tuum; fiat voluntas tua, sicut in cœlo, et in terra. Panem nostrum cotidianum da nobis hodie: Et dimitte nobis debita nostra, sicut et nos dimittimus debitoribus nostris: et ne nos inducas in tentationem: sed libera nos a malo. (Catechism of the Catholic Church)

Unforgiveable debt is an immoral and un-Christian system. A civilization built on the Christian ethic but has devolved to this state can only mean one thing. We're living in a civilization in its decline and collapse phase.

t. have no student debt, or car debt (have no car), and no mortgage debt (helping relatives pay off their mortgage)

>>520993562
Fuck you, boomer. Most degrees awarded are in STEM and other practical fields.

>>520992464
no, it's a copy pasta that millions of 4chan users came together to create

>>520992234 (OP)
The left:
>Vote for us again! We promise student loan forgiveness
The right:
>Join border enforcement, earn your student loan forgiveness

>>520992234 (OP)
the money went straight to the pockets of communist professors and college makework female administrative jobs. it's not like student loan borrowers kept the money. raid the university endowments. in the 70s there was one non-teaching admin position for every 10 teaching faculty positions. there is now a 1:1 ratio, a tenfold increase in non-teaching makework female admin jobs.
the point of obama taking over the student loan paradigm in 2010 was to act as a jobs program for these people and to get as many people as possible indebted to the federal government with non-dischargeable (bankruptcy ineligible) student loan debt and to ideologically capture these people with the leftist ideology espoused throughout academia

>>520992234 (OP)
I know you're memeing Bruce, but the point of student loans is to invest in your citizens and have a healthy pool of human capital. Instead we monetized it and have SLABs that jewish bankers use to get rich off of.

>>520992393
That's a skill issue actually. You didn't actually need that piece of paper you were just too stupid to realize that. Pay your debts or go to prison and die there.

>>520992234 (OP)
because in the debt based economy, the people who print the money has no intention of ever paying off their trillion dollar debt. Why should any one else bother to pay off their debt when the us government will never pay its debt.

>>520992393
This. If there weren't so many street shitters in here then maybe people would be able to pay back their loans with stable jobs

>>520992393
Spbp

>>520992234 (OP)
not true
see flag

>>520992234 (OP)
Issuing loans entails risk. Stop asking daddy government/taxpayers to pay for your bad investment strategies.

>>520995342
6 million, to be exact.

>Ancient bait
HE DOES HAVE A GOOD POINT
HE'S RIGHT YOU KNOW
NOW THAT THE DUST HAS SETTLED
SAY SOMETHING NICE
POWERFUL
REALLY MAKES YOU THINK
WHAT ARE THE POLITICAL IMPLICATIONS
PUBLIC TRANSPORTATION
KNEEL
POLITICALLY SPEAKING
APOLOGIZE
BASED OR CRINGE
LET ME GUESS YOU NEED MORE
HOW DO YOU RESPOND WITHOUT SOUNDING MAD
WHAT DID HE MEAN BY THIS
WHY DO AMERICANS
WHO WAS IN THE WRONG
DAILY REMINDER
WELL /POL/
YOUR RESPONSE
IT'S OVER
POL CAN'T REFUTE THIS
THIS IS THE POST THAT KILLED /POL/
POL BTFO
THOUGHTS?

>>520993821
I agree. You cannot make a degree a requirement, and then systematically favor foreigners for entry-level positions through STEM-OPT and H-1 visas.

But boomers hate young men and see them as competition. It's why they have to lie about underwater basket weaving degrees, when most people are getting STEM degrees like these boomer cocksuckers told them to.

>>520992234 (OP)
These are government backed loans. Why isn’t the government backing them?

>convince millions of 18-year olds that they need to go into six-figure debt to have any chance at making it out of the lower-middle class.
>turns out that the degree isn’t worth much, you can’t get a job with a bachelors in biology without taking out more debt for more school, and now there’s no way to realistically pay it back
>all of this on a massive, massive scale
>what could go wrong?
You think it’s bad now? This was with a relatively stable job market. The diabolical clusterfuck that is the AI-Tariff combo is obliterating the job market. Last decade’s debtors are now fighting against this decade’s debtors for who gets to work a job that gives less and less each year.
It’s so fucked.

>>521000908
They actually believe there are not enough people to do the jobs. In the mind of boomers the economy is booming and young people are just lazy.

>>520992234 (OP)
You gave a huge loan to a teenager without a job. Take the risk that they default on it.

>>520992234 (OP)
The problem is the government secures these student loan contracts for the bank. Otherwise the banks would never give 50000$ to retarded teenagers who want to learn feminist dance therapy for 4 years.
These students don't know what they are doing.

>>520992234 (OP)

They're economically illiterate retards who think money grows on trees and and that the debt magically disappears instead of being offloaded onto the taxpayers.