/biz/ - Business & Finance

they just increased the time to repay it to 100 fucking years.

germany needed 100 years to repay their last war loan for ww1.

1.6 trillion wtf? Wasnt is at 1 trillion like 3 years ago

its the kikes and their system of usury. Kill the FED and make Israel a crater and shit will improve itself.

>>16878001
you can thank Obama for letting in every brown shit skin and giving them access to free college loans. These niggers literally just apply for the loans, get the $, and then somehow drop the classes.

>>16877965
I'm giving Free(TM) shit to everyone.

>>16877965
never was a student, never had a loan, never loaned to a student

>>16877965
I went to a shitty community college, never had debt, dropped out.

I didn't do well but holy shit I dodged a bullet compared to a lot of people

>>16878187
most of those kids had rich parents who refused to pay for their college. if you are poor, or if you have rich parents who are willing to pay, then going to college is a non-issue. 20g of debt is nothing when you earn 80k+ out of college as a cs major (this is the median at t50 unis)

>>16877965
Telling all debt holders to mass default

I gonna take a $100k student loan and buy crypto.

>>16877965
I'll only be able to pay it off if crypto moons again.

Could you just take out the loan and put it into vanguard or something? Seems like literally free money depending on how high the interests are.

>not able to see that this will need to be fixed by the government in the next 10 years or there will be a forced recession/thousands of riots as people are unable to live because of their debt
>not taking as much student loan debt as possible to buy crypto
it's like you don't want to make money

>>16877965
I paid my loan off after a year and a half of work. I have zero sympathy for scrubs who don’t get degrees with employment prospects in mind.

>>16878065
This, unironically.

>>16877965
college has just become a continuation of highschool where the kids have more freedom
>IQ 115 required for student loans
>ACT 20+ required for entrance anywhere
>school required to have enough rooms to support entire student body
less schools, less tards in college, less debt from gender studies graduates who cant pay it back

>>16877965
Fake your death. Problem solved.

>be me
>avoid student loans because I'm not a retard
>go to state school

>be normie
>get yourself into 6 figures of debt
>bitch about your bad choices until the government (i.e. taxpayers) are stuck footing the bill

Normies win again

>Sign up for classes at local college
>Get financial aid
>Drop classes
>Get refund + financial aid
Easiest 10k/yr for just 30min of work

cool the goyim are in debt forever

>>16878666
Checked and can confirm I will also rage when retards get forgiven for their poor choices

>>16877965
Why would anyone pay it off when democrats are promising to erase it.

>>16877965
Not going back to school like I should.

taking out more loans and not paying them back like a degenerate.
also how fucked am i /biz/?

>>16878409
T. Dennis Prager

>>16878816
Go ahead, who cares. The whole system is fake gay and corrupt

>>16878666
satanic prophecy confirmed

I made a profit going to college.

>>16877965
I have 50k in debt, I make 90k and I pay the bare minimum $200/month. Holding out for debt to be erased and putting all my money in crypto

Point out how retarded these people are all you want, but these being the choices the retards are allowed/have to make is the problem

>>16878244
Stay in school, zoomer. This scares me how little you understand about Federal student loans and markets.

Just get a personal loan if you want to be retarded like that

Can't wait till till this whole shit implodes

>>16878901
Based

I paid off my 55k in 5 years by moving back home and not being a progressive faggot. I don’t drink IPAs or sours bro. I don’t flex with a a car I can’t afford an oil change on. Fuck those faggots.

>>16879227
>i paid off some jew debt so im superior
yeah not really, cuck

>>16879227
>paying off debt that's going to be erased
cuck

>>16879250
>paying off debt that's going to be erased
kek, the best you can hope for is set off. nothing gets erased.
i.e it ain't going away, thats not the way this scam works.
No one wants to learn/hear how this scam works, even on here. It's not getting fixed unless people on mass start learning the depts of the scam, but GUARANTEE that won't fuckin happen.

I used to think it could one day be fixed...its only gotten worse

>>16879430
Warren and bernie will erase our loans

>>16879455
How will Warren and Bernie pass laws without the support of the Senate?

>>16879455
K, so lets talk logic, lets leave why it won't legal happen, as thats a mess I know ppl don't want to hear.

So, these loans that will get 'erased', the debt for that loan created the fiat, that ppl spent. that fiat will just disappear? the money supply will shrink?
OR
the Gov will create another massive debt to pay off that debt? Pushing that debt on to future generations (what Zoomers blame Boomers for unironically)

This is the reality, I do hope you're not one of those 'print money' tards

>>16879250
>>16879238
I hope youre joking.

>>16877965
Bernie and Liz are literally campaigning on this issue. Personally I think it’s bullshit. I support some version of universal health care, but not helping pay back superfluous loans that I didn’t take out and don’t gain any advantage from.

>>16879575
You're not going to have to pay for anything. The government will just print more money.
The dollar is backed by the US military. You never have to pay off any debt.

>>16878211
big brain thinking

>>16879591
Where do you guys get such BS, its frankly annoying.
Everything you've just said is wrong...on a finance board, one that people make fun of ignorant normies on.
You are the normie
It's so much worse, have a read of the below, its 14 pages ffs
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

>>16879495
Senate will flip in 4-8 years. GOP is literally facing extinction. It's base is old and/or OD'ing left and right.

>>16879591
The US govt does need to pay interest to service the debt. It's approaching 800 billion a year, and by 2025 interest payments alone will exceeded the defense budget. That's if things stay the same, adding trillions to the principal for student loans will only make it worse

>>16879711
You're literally delusional if you think there will be some blue tide of hard left socialists senators getting elected in the deep South in the next 4 years

>>16879735
You're literally retarded if you dont know rural areas are dying and increasingly to win a state you only need to win one or two major metro areas.

T. Virginia, I know what I'm talking about.

>>16879771
Virginia is getting filled up with asians

>>16879771
>T. Virginia, I know what I'm talking about.
You've never left your state have you, fuckin arrogant mutt

>>16879771
I guess we'll see this November
But I think you know whats going to happen in the Senate. And hopefully you know free college, free healthcare, etc requires Congress to approve a budget or it doesn't happen

>>16879591
People that went to grad school instead of working, like me, have a distinct advantage in the workforce. Doubly so if their debt is alleviated.

>>16879854
Of course trump will win, but I don't think someone like him will win in 2024.
The same way a Bush clone didn't win after his second term.

>>16879771
I remember after 2012 everyone was saying demographics mean republicans will never win again

>>16879941
a jew puppet like trump will win in 2024 and continue trump's policies of white replacement and wars/money for jews

>>16880011
They're all jew controlled. But after trump there will probably be a democrat like Warren or something.

I paid off my student loans, so don't have to worry about it anymore.

>>16878075
Yeah, uh, how does that work? How do illegals get fucking loan money from the government? I know this isn't /pol/ BUT WHAT THE FUCK??!!111

>>16877965
Taking out the biggest loan that I can get and then moving to a 3rd world country to live like a fucking king!

The whole system needs to be overhauled.

Completely defund higher education
Slash all unnecessary degrees
A job paying a certain amount is prerequisite for higher education
Student loans are government loans.
0 payable interest on loans
Loan debt comes out of your paycheck as would tax past threshold.

Higher education shouldn't be "fun" or "best time of your life"

>>16879941
I’ve got some bad news for you kiddo

>>16880666
>Higher education shouldn't be "fun" or "best time of your life"
Engineering student here. It really wasn't

>>16878211
c h e c k e d

>>16880666
i like the australian hecs debt, you just pay through tax to the gov when you earn enough

70k checking in. Make 54k not the worst I guess

>>16877965
I paid out of pocket for 1 semester of college before I dropped out because I knew it was all a useless racket back in 2001.
Thus, as i did not contribute to any of that mess, im not responsible for the liabilities of those that did.

>>16881034
Same but only a few years ago. It's all a scam, $2,000 I'll never get back but the lesson it taught me in regards to institutional corruption was priceless.

>>16881034
>>16881305
How did you make money?

>>16881330
Started working at 15, parents made me put money aside so I could buy a car when I turned 18. I had plans for life after high school but they fell apart quickly and I ended up back home. I tried a few things after including being a prep cook, using Mturk fulltime, landscaping, and eventually doing a shitload of overtime at a warehouse job working 3rd shift. By the time I was 20 I had $10k in the bank and figured college might be a good idea. It wasn't, now I'm back to waging at a warehouse but it's a solid 8/10 work environment so I don't mind.

Tl;dr take the warehouse pill if you need living wage money without an education

>>16878211
Kek. This is based.

>>16877965
fucking zoomers are gonna crash the world economy. fucking useless degenerate bums

>>16877965
I'm studying a degree with good pay and high-employment rates on a scholarship, so it's very hard to take millennial financial issues seriously.

Got a job and paid my loan off even though I've never used my degree.

>>16881482
what are you a fucking spic?

idiot

>>16878211
based.

>>16881894
same. feels bad man.

>>16880358
niggers aren't illegals, brainlet.

>>16880358
Illegals don't get loan money or any financial aid, brainlet

its obvious you didn't go to college

>>16880666
>Slash unnecessary degrees
but the whole purpose of college is the pursuit of academia anon :(

>>16881482
>Wahhh I dropped OUT!!
dude sorry you couldnt make it

>>16881904
Notice how immigrants have cars, kids, and own their houses while """educated""" college kids have nothing but debt and mental illnesses? Granted immigrants go into a fuckton of debt trying to live the idealic American dream, but at least it's useful debt in the form of assets instead of pieces of paper that may only be of marginal value in the real world. Getting your hands a little dirty and laboring while you're young is often a far better investment than outsourcing your ability to learn about the world and what's best for you to predatory "educational" institutions.

>>16877965
I look forward to employing coeds for sexual services in exchange for text book money

>>16877965
haha, good fucking luck getting a dime from me G-man. If any of my crypto shitcoins ever make me rich, i'm leaving the country without ever paying that shit back. Fuck em.

>>16878211
Based

>>16877965
it will all be fixed soon. commander bernie is unstoppable. not even that screetching harpie warren can beat him. establishment dems are shitting their pants right now.

>paid off over 60k already thanks to crypto
Only 40k left to go

>>16880358
he meant niggers, you nigger

>>16882533
Why the fuck have you paid any money at all? I graduated like four years ago with $25k in debt and haven't paid a dime

>>16882556
yeah cuz you're parents are paying it for you LMAO

>>16882572
If my parents could pay my school loans, why the fuck wouldn't they have just paid for my school, you brainlet?

>>16879238
> I’m irresponsible and selfish
> I’m going to make it

Fag

>>16882533
What did you study?

>>16882762
CS, BS+Masters

>>16877965
hot take: the money extra money you get on average for having a college degree should be more than enough for you to pay off your student loans, unless you are a fucking retard who went for aboriginal studies or some shit

>>16877965
I paid off almost $180k in student loans in 2 years. Through a mix of extra payments each month ($3500) and 2017 crypto gains. I'll be fucking pissed if a bunch of poor-planning idiots get their loans forgiven.

The $180k I paid back to the government would probably be worth $300k+ by now if I could have invested it.

>>16881953
>Illegals don't get loan money or any financial aid
Illegals are eligible for in-state tuition and financial aid in Illinois

>>16878000
> Going to college in the USA became as costly as the Allies making Germany foot the bill for the Great War
HONK HONK

>>16878114
This.

>>16877965
Im waiting for warren or bernie to remove my shakles

Lenders need to do a risk analysis based on a borrower profile that factors in possible future income based on school/major (if already declared).

Anybody who believes Trump is just another in a long line of wolves i sheep's clothing, is kidding themselves. Some do so out of ignorance while the rest do so out of a thoroughly vain hope.
>Sorry, my fellow earthlings, but the bulk of you haven't seen nothing yet.
STRAP THE FUCK IN

>>16877965
What am I doing? Having a successful career without a degree like a rational person.

>>16883621
>id says "fuckin knight Jah"

>>16883637
yer damn right, brah

>>16883417
Hope you end up sharing a commie-box apartment with an entire niggerian family you socialist scum. You signed the contract, now fucking pay for it. Learn from your mistakes faggot and quit shitting up everyone else's quality of life because your an irresponsible child.

Living beneath my means, overpaying every month, staking Zenon.

>>16878211
checked & based

>>16883417
you could have removed them yourself if you have learned to code or acquired a useful skill, which is one of the problems with socialist policies like erasing college debt - it removes the incentive to learn useful skills that would pay off your debt

>>16877965
Thank God I have rich parents lmfao.

Graduated debt free desu.

>>16883762
Wages are too low and employers have unreasonable expectations. Thats the real problem

I'm starting to wonder if this society is going to continue to function properly if the majority of it's citizens are niggers

>>16877965
>be a 1st world nation
>take the one advantage 1st world workforce has, being educated
>"let's make this so expensive our working force will either be in to much debt to participate in the economy like their parents did, or opt out of higher education, because surely our unskilled workers can compete on being the cheapest on the worldstage. What say you, Bagelstein?"

The US litteraly took the cornerstone of a first world economy and shot itself i the foot with it. Your educated working force will fall behind in terms of consumption, and your overall working force will fall behind in education level (not in the statistics though, given that'll you import brown MBA's and PHD's to fill positions your own population can't afford to qualify for.

>>16878114
>never loaned to a student
Yea you did. Its called paying taxes

>>16883774
People want years of experience for a 50-60k/yr job, so I became a freelancer
Despite making a shitload of mistakes last year and only starting in April, I made 50k starting from nothing on my Github besides a shitty Flappy Bird clone
I'm competing with pajeets, but pajeets are notoriously bad programmers and usually don't know English well so people will pay not to have to deal with that shit

>>16883786
>Your educated working force will fall behind in terms of consumption, and your overall working force will fall behind in education level
Dude, everyone I know with a degree is a fucking idiot. Education has been pillaged for profit and the only thing that keeps it afloat is college sports. You would not believe how stupid people are here in the U.S.

>>16883347
This post is retarded.

>>16878000
They're increasing the window so they don't default on the loans. They're gov't insured for some stupid reason, in that program at least, so if they die first the gov't pays the bondholder.

>>16883815
People want years experience for a 30k year job

>implying student loans affect the market
doomer zoomer talking point

>>16883907
y r /biz/nessmen so meanie?

We need to bring back debtor prison. I paid back my shit like a responsible adult. Sorry all you faggots that took out massive loans for useless degrees. You are a drain on society anyway.

>>16883991
>like a responsible adult
Cuck. Student loans are a scam. Just another way this society takes advantage of you and you like it. Pathetic cuck

>>16883991
>muh society
This society is shit. What has it done for me? All it does is try to keep people down with over expensive shit. I am no wefare queen, but they arent the problem. The structure of this for profit society is. Luxuries being for profit is fine. Necessities like food and shelter however? No. That is unethical. Basically sociopathy.

>>16884017
>What has it done for me?
What have you done for society?

>>16883991
Education is overpriced and outdated. If debtors prison were brought back the US would have two types of people: prisoners and guards.

>>16884072
You mean people who deserve, people who enforce it, and constructive people to the society.

>>16878211

>>16877965
the simple solution is let boomers buy the debt of defaulting students who in return become their sex slaves in a reverse bidding ie boomers licit on shorter times

>>16877965
I paid off my 30k student loan totally a scam

>I’ll never support erasing the student debt
>muh
Fed institutes QE + corporate buy backs
>i love America. Learn individual responsibility
Some of you idiot faggots are intolerable. I smell too many self righteous plebbit fags

>>16883965
why do doomer retards come to the business forum when they know nothing about finance?

>>16878786
>>16878785
If they erase your debt they you should have to forfeit your degree

>>16884377
lets just put it this way if you erase the debts but don't credit back the ones that paid their debts that sends the worst message.

>>16884450
Wtf are you taking about? We’ve had a zero responsibility with the fed since the Greenspan days. Read something besides msnbc you tard

>>16878199
>cs major
will you autistic chinless code goblins stop pushing this cs meme already? Some people actually like doing things others give a shit about. Nothing against you btw, but the cs meme needs to stop.

I'm following my repayments plan.

>>16878313
Nice, you got your community college degree and paid off your debt working as a retail store supervisor. good for you.

>>16884558
your art is getting better but your guro fetish is getting worse...

haha I paid off 20k in student loans in 2011 instead of going all in bitcoin haha

>>16884576
>guaranteed return on investment or hugely speculative gamble on a new and untested asset class
you did the sane thing

>>16884550
you don't like how people are making more money than you? i dont think you understand what computer science is if you think all that encompasses computer science is coding

>>16877965
How is this even a problem?
Don't want student debt, don't take out a student loan.

>>16884049
what has society done for me? Im not the one taking (taxes). It leeches off of me and I get jackshit in return. Why would *I* owe anything to this pile of crap?

>>16884276
>deserve
Subjective criteria. In my eyes, everyone is entitled to a small piece of land. Is that a thing? Fuck no, cuck

>>16884416
No because they dont get the effort invested back plus degrees are overpriced.

I dont get why the FUCK they dont just offer bachelors at a CC. Universities shouldnt even be a thing, really besides maybe for med school.

>>16884748
If here were a productive and responsible person you would have at least a small piece of land.

>>16884676
>how is reduced buying power a problem?
Imagine being this retarded

>>16878065
Based suicidalposter

>>16884761
>If here were a productive and responsible person you would have at least a small piece of land.
You live in a bubble. 30% of jobs pay hardship wages (cant survive off of it). 32% pay livable wages (living without being able to save at all). 78% of FULL time workers live paycheck to paycheck. 50% of renters are cost burdened. Of those, half (25%) of all renters spend over 50% of their income on rent. Etc.

Do you not look at stats EVER?

>>16884017
>All it does is try to keep people down with over expensive shit.
The average person has never been more affluent than in the modern West.

>>16884748
>In my eyes, everyone is entitled to a small piece of land.
So make sure your kids have that.
Land is available and virtually free in many places in the world, go try your luck there.

>>16884764
If you have a student loan that's undermining your buying power, that means you took out said loan at some point in the past, meaning you agreed to pay it off.

What is this about democrat debt erasure? Should i not pay back my debts and hope for the best?

>>16884777
You are the master of your destiny. Why would you pick a career path that cannot grow wealth?

>>16884778
>The average person has never been more affluent than in the modern West.
Reduced buying power makes this irrelevant, coper.

> So make sure your kids have that.
Land is available and virtually free in many places in the world, go try your luck there.
aka "lets not fox this country. Just move! I like a shit society! Dont try to make it better!"

> If you have a student loan that's undermining your buying power, that means you took out said loan at some point in the past, meaning you agreed to pay it off.
This society leaves you with virtually no choice. Its either low wagey hell or you go into debt.

Scam options.

>>16884796
>You are the master of your destiny
not how reality works. Look at stats. Look at scarcity. Look at how buying power as a whole (not just for college grads) has been reducing.
This country is going to shit but you turn a blind eye. I bet even if we lived in the great depression, youd still argue the same bs instead of being a realist.

>>16878199
This is why we need to import more shitskins

>>16884810
>Reduced buying power makes this irrelevant, coper.
What is reducing this buying power?

>aka "lets not fix this country. Just move! I like a shit society! Dont try to make it better!"
Taking other people's land isn't going to fix this country.
You basically have two options: secure land for yourself (and your children) by earning said land.
Or move somewhere that has cheap/free land. This is available in remote areas of many Western countries.

>This society leaves you with virtually no choice.
Bullshit.
Tradesman make tons of money, especially if they have people working for them.
People like the student option because they want to party in college or avoid manual labor.

>>16884817
>I bet even if we lived in the great depression, youd still argue the same bs
The US bounced back massively after the great depression, so yes; the "master of your destiny" shit applies very much to the great depression.

>>16884817
>You are the master of your destiny
That is the literal reality and the lefty retards have convinced lesser IQ people to believe that isn't tre so they buy into their commie propaganda. YOU ARE THE ONLY ONE WHO CAN MAKE YOUR LIFE BETTER. That will never change. The world is unfair, it always will be. You need to rise above. Every single great person did do that to become great. None of them wallowed in their sorrows about how the system was build against them. They looked at reality they faced and rose above it.

We now have a generation of homosexuals who think they deserve gibs and if they don't then everything is awful. They wont try because of "society". They are all worthless little shits because they are faggots and are killing the west.

>>16884819
you sound like a butthurt civil engineer

>>16884873
On the contrary I make 6 figs in the finance industry and made 80k before I even graduated Uni. I just recognise you nerds are in need of a (salary) whooping by old mate pajeet whose willing to work for half

>>16884886
larping on the internet? really buddy?

it's kinda obvious when you don't know the difference between who's and whose

>>16878901
How do you pay the bare minimum? Don’t they force you to pay more?

>>16878000
I holding on for negative interest rates to hit my student loans. I WILL BE PAID FOR MY DEBT HAHAHHAAHAHAHAAAAAA

>>16884932
If that's what helps you feel less insecure than go for it lol.

>>16884859
Based post

>>16884961
>than

>>16884548
nobody will ever repay any debt if you start to reward bad actors selectively without making them run a gauntlet.

>>16884985
lol

>>16884859
This to a large extent, but what matters too is cross-generational efforts; i.e. doing your best so you can leave your gains to your children, as your parents (should have) left their gains to you.

Leftists love to break up families not only in the present (by giving people hand-outs so they don't need to even talk to family), but across generations as well (by trying to gobble up inheritances).

>>16885004
>who's/whose
>than/then
I guess it's fitting that someone who doesn't know how to write would advocate for mass immigration.

>>16885016
its really not that deep bro. Computer science nerds make to much. Pajeet should make they're salaries a little bit moar comfortable

It will be glorious when I move to the US and snatch a job with my free masters degree while dumping your wages ahahahahahahahah

>>16885052
>to

>>16885054
You seem abit insecure

>>16885053
based

>>16885053
based

>>16884851
>"master of your destiny" shit applies very much to the great depression.
it really doesnt if you look at the people living DURING the times where it dodnt yet bounce so flawed logic

>>16885503
>it really doesnt if you look at the people living DURING the times
It especially applies to them.
They're the people who went into a depression, and they're also the same people who (started) climbing out of it.

>>16884859
You talk a lot of word salad without hard data to back it up. Thats your problem.

>>16884976
brainlet

>>16885506
>It especially applies to them.
You dont get it. The only reason they were ABLE to climb back was due to the economy doing better (after ww2 ended). It WASNT because "they worked hard". It was because the war ended.

You are brainwashed into thinking "hard work ALWAYS pays off". Thats bull and you know it

>>16885526
>The only reason they were ABLE to climb back was due to the economy doing better
And the economy doing better is due to their actions.

>>16880358
they don't, the person you're replying to is a fucking retard.

>>16885550
The person he's replying to wasn't talking about illegals.

>>16885540
>And the economy doing better is due to their actions.
Nope.
> sharp reductions in spending, taxes and regulation
At most, they spent less. Taxes and regulations are not in your control. Of course this is just one economist's opinion, but long story short, "working hard" doesnt cut it.

Let me ask you this. Plenty of 3rd worlders work probably harder than americans. Guess what? They are fucked for factors put of their control. Mostly limited resources. No amount of "effort" will change that

>>16884017
>Necessities like food and shelter however? No
yes, because someone needs to be a slave for you and provide you with food and shelter for free, just because your whore mother belched you out of her cunt

When will you dumb-as-shit commies learn that population is potentially infinite, while resources are finite. You can NEVER make everyone happy (even with automation or whatever magic you think will come and save you) because when everyone's happy, people will just shit out more children, making things unsustainable again.

finite resources can't satisfy infinite people

>>16885671
>because someone needs to be a slave for you and provide you with food and shelter for free
words in my mouth. Fucking righties. The rest of your post is you whining like a bitch. Btw, retard, most of agriculture can be automated already.

So at most, my slaves would be AI. Also, I am okay with paying to account for other fees (maintenance worker, pesticides used, etc.).

As for land... the fuck is your problem with that, retard? No one is my "slave" if I own my own small piece of land.

FAIL

>>16885721
*my slaves would be machines (automation)

get more student loans to pay for my crypto

and hopefully bernie wins

>>16885721
>>16885727
my problem is with distributing finite resources to infinite people, moron. But it seems you are too retarded to understand this simple concept.

>>16877965
All contracts in USD are invalid due to its usurious nature.

How is debt even real just like, stop paying it, walk away from the screen lol

>>16885768
>finite resources to infinite people, moron.
We have more than enough food to distribute to everyone on this planet, dumb mother fucker.

>>16885794
ok
make sure to let the chinks and the niggers in africa know that they need to stop fucking as well, or your utopia might crumble

>>16885619
>Nope.
lmao, but of course.

The people of a country ARE that country's economy.

>>16878666
Would not be surprised. Would be pretty mad as most of my college bill was footed by parents. If they get to get away with not paying I could've saved a bunch of my parent's money, got a loan, refuse to pay any of it back, and end up getting loan forgiveness. Seeing how things are going perhaps I should go back to college and get a hefty loan.

>>16881482
>fuck college it’s all a scam!
>just work in a warehouse bro
College is indeed a scam but holy shit kys

>>16883194
And maryland

not paying back one cent
investing in Link instead

>>16877965
not going to college

>>16878000
>*we* pay it? nope, just push it to our grandkids like the boomers did
No. Execute the boomers and all of this goes away. Weak people should not hold so much power and wealth, it's against the rules of the universe. The only thing guaranteeing their wealth is the laws and they are obviously set up against you. If they start falling, the Fed pulls QEs (or worse, directly subsidizes the hedge funds themselves) and the boomer retirement portfolios keep rising along with their multi-million sheds, at your expense of course.

It all starts and ends with the boomers.

>>16886350
Holy shit you can do that???

>>16886411
Not Boomers, it was the NY Fed

Fuck the Queen

>>16877965
nothing

>>16878211
Big risk = Big reward. I'm to much of a coward to do it.

>>16878211
You’re going to make it.

>>16884987
>if you start to reward
You know that the central banks are already doing this via negative interest rates.

The elite class can take out and make huge gambles and daily get bailed out via QE... but if people take out an education loan... wow stop your horses. Everyone loses their shit.

>>16883991
Very good go- i mean sir

>>16885671
moran learn to read maybe

Student loans are incredibly based. They have effectively let the government entrap all the retards in this country to paying debt to the government forever.
People never mention that the government has made a 110 billion dollar profit off of the stimulus package and counting. Maybe one day we will be able to fund the government off of the backs of foolish millennials.

>>16885052
>pajeets
>good at CS

>>16877965
I have over $100,000 in student loan debt due to law school and haven’t paid any back yet. Still trying to find a high enough paying job that will allow me to comfortably pay down my loans, so it’s not for a lack of trying. Also it wasn’t a meme degree or anything, I only took out what was necessary to pay for a higher degree.

I likely won’t be able to buy a house or car late into my 40’s.

>>16878211
I had $2000 extra from my student loans and I invested it into BTC and ETH back when ETH was $40 and BTC was $800. I turned that 2k into 55k at the peak in December. I kept holding and put half into shitty alts like ARK and NEO and that 55k turned into 3k I wouldn't have anything if it wasn't for my small stack of LINK. As a poor college student I can't believe I didn't take profits along the way or cash out SOME of it for fucks sake.

>>16881953
Oh boy, should we tell him?

>>16889102
Not only do they increase the supply of college graduates funneled into large corporations, but they are in massive debt so they are willing to take a lower salary at the promise of a "stable" job.

>>16885772
Incredibly based, these loans are just another way the synagogue of Satan (Jews) try to keep control over us.