/biz/ - Business & Finance

>>56024171
Good. Fuck those freeloaders thinking they'd be off the hook.

>>56024399
I don't hold any ill will towards them, but you'd have to be retarded to think the people would get a bailout. Hell, the pause WAS the bailout.

>>56024171
>>56024461
>>56024399
They're about to be paused again retard

>>56024171
No one should be able to give out a loan of hundreds of thousands to somebody who has no job and no income. Lmao!

I hope loans will attract interest at current rates. Haha!

loans can go to infinity who cares it's all fake money

>>56024577
Student loans have been predatory for the last 20 years. There would have been much more due diligence if they could have been expunged during a bankruptcy like every other loan

>>56024627
It's absurd that the only loan you can't bankrupt on is the one that you get at 18 years old while having no job and income.

>>56024542
Please don't tell lies in my thread.

This is the kind of situation where everyone is at fault. The loaners are at fault for feasting on high risk assets and refusing to take a loss, the students are at fault for not researching their future career outcomes, the parents are at fault for letting their children waltz willy nilly into a DIY mystery future, and the government is at fault for trying to appease parties involved at the same time

>>56024699
Creditors are supposed to take precautions that people will screw them. This is a natural part of lending money and a built in guard rail. That’s why they won’t take risks on bad borrowers or discourage them from taking the loan. If the borrower can’t screw them/default, the guard rail is removed and the creditor can undertake predatory lending with impunity.

>>56024399
Finally, the fast food places will be able to hire enough staff to operate properly again.

>>56024653
It's not absurd because if it was possible, every student would just take all the loans they could and fill up their credit cards and plan for bankruptcy after graduation. They'll fuck their credit, but they'd start with a clean slate and zero debt and presumably they'd been employable. I'd have fucking done it if I could.

>>56024542
Pure, weapons grade, copium.
Kek

>>56024171
not paying

>>56024795
can you rewrite this comment, but with bank bailouts?

>>56025116
either pay the balance or get chipped that's how it is gonna go down.

SAVE plan means i get to pay a whole $0 a month on my loans.

>>56024795
Oh no not the heckin poor bankarinos better destroy our entire young generation instead

>>56024171
Only way to pay now seems to hit that jackpot. If u ought to try, use xfun, since stake already showed us, once again, that not ur keys, not ur wallet does make incredible sense

>>56025197
if everyone did it, then no one would get student loans because the banks wouldn't ever create any dummy

>>56024171
we made it...this is it boys. we are finally healing. the leeches are finally done playing with their funny munny.

>>56025163
>that's how it is gonna go down.
Try and chip me and I'll show you how things are gonna go down.

>>56025231
And that would be a lot better than our current debt slave system, either colleges would be way cheaper or the degree inflation meme today wouldnt exist.

>>56025231
If college degrees are going to be barriers to employment then tuition at public universities should be covered by taxes like public high school tuition.

>>56025231
You're so close to finally understanding you absolute fucking retard

>>56025269
The only reason degrees are a barrier to employment today is that its so easy for anyone to get them which creates a cycle of forcing everyone to be a debt slave to get a job which was probably what they intended anyway by making them government backed.

>>56024784
In order to afford that many workers, they'll have to reduce worker pay.

Nothing ever gets better for anyone.

>>56025116
Then you’ll have your wages garnished. And if you refuse to work, they’ll simply throw you in jail. If you think you can out jew the jew, especially the biggest jew of them all, Uncle Sam, you’re dead wrong.

>>56025380
If you make less than $30k you dont pay student loans anymore now.

>>56025380
No wages.
No assets except crypto but I lost the keys in a boating accident
Debtors prison is illegal.
Your move.

>>56025180
because you don't have any income and are a poor lmao

>>56025393
>Debtors prison is illegal.
For now.

>>56025398
>make more income so it can go into the small hats pockets

No thanks ill continue to pay $0 and be a net negative tax burden

>>56025380
>they’ll simply throw you in jail.
Debt is civil, not criminal. America has no debtors prisons.

>>56024699
The government IS the lender for most student loans (like 94% of them), which is a big reason why the student loan situation has piled into this mess.

>>56025392
But who was rampant inflation? Burger flipper salaries will be $100k soon.