/biz/ - Business & Finance

>debt slaves
>people
lmao

>>54481547
Tumor weeks goy!

>>54481547
I hope every one of you dumb fucking loan monkeys gets absolutely financially wrecked and has to get vaccinated to get a job to pay your debts.
>t. Full scholarship CHAD STEM PhD with ZERO debt EVER

That's the Biden I like, I think, but to the irrelevant topic of the post: student loan repayment has been paused for years and it's never going to restart. It doesn't matter if your balance gets discharged or not; repayment will never restart.

>>54481547
Hope you debtors get fucked.

>>54481568
>>54481585
WHAT?

>>54481547
schadenfreude ID GET

>>54481547
And your gay peice of shit Tesla can self repo itself! Enjoy owning nothing.

>>54481547
>Hey guys why won't inflation abate?

>>54481547
HEY 4CHAN IT’SME JOE BIDEN

>>54481565
lmao fpbp

>>54482445
What is this chart?

This is why I hold bitcoin, lol. I don't give a fuck if they bail you monkeys out. Enjoy your diluted dollars, I'm not paying for it.

>>54482464
Fed balance sheet.

>>54481619
No. I won’t ever pay. Let me give you a tip son. If ever, no matter what, the US government offers you a loan, no matter what the circumstances - take the fucking money.

Land chad
Gold chad
Options chad

It’s really that easy. Never paying student loans. That’s what you guys are for. Simple as.

>>54481547
Loans will never be forgiven. We are currently living in the best case scenario, where most people's interest rates on loans are 'frozen' in place and not accruing massive amounts interest, yet. This will only last for a short while, while court shit is stalling the inevitable. If you're smart you'll invest or payoff any of the other shit that's stopping you from making more money. If you want to work for a non-profit, the government, or the military to get your loans forgiven, it's an option. But don't expect everything to go away. It's hard to become eligible for forgiveness, and you're at the mercy of some retard filing a record of your information and doing a piss poor job at it.

And if you're hoping you'll be forgiven in 25 years, though luck. Loans aren't forgiven after 25 years. You:

1. Need 25 years worth of payments in income based repay. So if you making regular payments you're fucked. If you're making voluntary payments you're also fucked. These DO NOT count, and you will not get your loans forgiven. And let me repeat, that's 25 years of income based repay, so if you've skipped some, it could be 30 years, it could be 40 years, it only counts until your payment total amounts to 25 years of IBR.

2. Your loan will never be forgiven. The final total due will need to be payed in the form of taxes. Only thing that gets forgiven is that you won't have a 6% interest rate fucking you until you're old and decrepit. Instead you'll be old and decrepit, with no 401K, paying property taxes and home insurance up the ass, and owing the government those loans you took out in your youth as even more taxes until you die.

Have a happy life, do what you can to escape the cycle. Poor people have debt, rich people have leverage. No one will give you a helping hand. You need to get out of that loan shit as soon as possible if you have it, it will ruin your life. If you want to get in debt, at least do it with the intent of getting passive income and investing.

>>54481547
>yfw they really mean student loan forgiveness is coming but just for bipoc lbtqp+ politically connected refugees just like all those fake covid bailouts and 'universal basic income lmao'

>>54482489
feels good, doesn't it

>>54481547
>so many people are gonna get fucked
Good.
You took out a loan, pay it back.

>Borrow money with an agreement to pay it back
>Fuck it up
>Boohoo waawaa daddy government help me
Though I do think the loans should be able to default, I have no sympathy for these retards

debt is a prison sentence

Can I just get like a year's warning before they drop the debt forgiveness? I want to make a massive financial commitment that I can immediately make disappear with none of the downsides that would normally come along with it. Maybe I'll go to medical or law school and get my doctorate for free.

>>54481547
They never planned on delivering. Thanks for playing

>>54485556
>lend money to retarded children (americans)
>be surprised that they don't pay it back
>waaaaah gubmint bail me out!

>>54481547
Next time don't vote for a fucking demoncrat. They lie about everything. They never keep promises. Republicans are retards too, but at least they intrude less into your life which is a W at the end of the day.