Higher payments is such bad news. This is ridiculous. Low pay, high cost of living meaning living in less comfortable places, inflation costs of food. Its like we are being punished for trying.
Sounds like they are saying the beatings will continue until obedience is given. I am just leaving the country not going to stick around and wait for this ship to sink to the bottom with hyperinflation and riots from social division.
The speaker obviously doesn't understand the issues that are affecting american company or how economics will be affected by a trump presidency. Even though I'm 75 years old, I voted for Trump and would vote for him again because. The democrats drop the ball on so many things , including coming through and student loans
I'm on step one of double consolidation for PPL's. Should I still choose the SAVE program when I get to the final consolidation? Is it possible Trump ends SAVE for new borrowers but anyone already in the plan stays?
It means you're paying it back. You paying it back means less expendable income. You buying less things is a drop in demand which causes prices to drop. Prices dropping is good for the average person, but bad for people with assets, since their assets will no longer be increasing in value through inflation.
Or, he could do what he did during his presidency. Appoint someone who is unqualified and basically leave education alone. It will be a huge can of worms if he tries to do anything with payments and will most likely be facing a fight from the NEA along with different states
I have no problem cleaning up the student loan mess weve created... lending 18 year olds 6 figure sums for economically unviable (aka worthless) degrees was dumb... BUT whats the first rule when you dig yourself into a hole? You stop digging! We haven't done that and come next fall a whole new crop of 18 year old HS graduates will head to college with federal loans for liberal arts and social science degrees that haven't paid off over the last 20 years.
When are we gonna hold companies and CEO's responsible? It's not the schools fault. They have to teach how to learn and study and help develop thinking skills etc because companies don't stick to one method in working. For example, if software engineer jobs just used Python forever as a programming language then the colleges would teach that and become relevant again. But companies don't do that. One year they will use Python and the next year they will c++. All for the Almighty dollar.
Higher loan payments=greater defaults, less homebuyers, less car buyers, higher credit card debt, increase health costs from financial stress burden, increased incidences of abuse. Domino effect coming.soon.
9:35 you should read about president calvin coolidge, his tax cuts which led to the roaring twenties, attracting more businesses to invest back into the usa, causing more individual spending, allowing more tax pool contribution. oh and with DOGE - Smaller government = reduced govt spending.
Nah, I talked about a lot of different pros and cons of you watched to the end. There are a lot of negative repercussions for student loan repayment realistically though.
Higher payments is such bad news. This is ridiculous. Low pay, high cost of living meaning living in less comfortable places, inflation costs of food. Its like we are being punished for trying.
Extended tax cuts for the important wealthy though
Sounds like they are saying the beatings will continue until obedience is given. I am just leaving the country not going to stick around and wait for this ship to sink to the bottom with hyperinflation and riots from social division.
The feds need to drop the interest so people can pay them off.
Lot of people going into retirement with student loans...sad.
The speaker obviously doesn't understand the issues that are affecting american company or how economics will be affected by a trump presidency. Even though I'm 75 years old, I voted for Trump and would vote for him again because.
The democrats drop the ball on so many things , including coming through and student loans
I'm on step one of double consolidation for PPL's. Should I still choose the SAVE program when I get to the final consolidation? Is it possible Trump ends SAVE for new borrowers but anyone already in the plan stays?
Higher payments won’t work during next inflation spike. If they keep cutting rates bonds will get shorted.
It means you're paying it back. You paying it back means less expendable income. You buying less things is a drop in demand which causes prices to drop. Prices dropping is good for the average person, but bad for people with assets, since their assets will no longer be increasing in value through inflation.
Or, he could do what he did during his presidency. Appoint someone who is unqualified and basically leave education alone. It will be a huge can of worms if he tries to do anything with payments and will most likely be facing a fight from the NEA along with different states
No COMPOUNDING interest! And 2% interest rates. No forgiveness, problem fixed.
I have no problem cleaning up the student loan mess weve created... lending 18 year olds 6 figure sums for economically unviable (aka worthless) degrees was dumb... BUT whats the first rule when you dig yourself into a hole? You stop digging! We haven't done that and come next fall a whole new crop of 18 year old HS graduates will head to college with federal loans for liberal arts and social science degrees that haven't paid off over the last 20 years.
When are we gonna hold companies and CEO's responsible? It's not the schools fault. They have to teach how to learn and study and help develop thinking skills etc because companies don't stick to one method in working. For example, if software engineer jobs just used Python forever as a programming language then the colleges would teach that and become relevant again. But companies don't do that. One year they will use Python and the next year they will c++. All for the Almighty dollar.
people need to repay their loans like everyone else, and cut the cost of indoctrination, oh I mean education
Higher loan payments=greater defaults, less homebuyers, less car buyers, higher credit card debt, increase health costs from financial stress burden, increased incidences of abuse. Domino effect coming.soon.
9:35 you should read about president calvin coolidge, his tax cuts which led to the roaring twenties, attracting more businesses to invest back into the usa, causing more individual spending, allowing more tax pool contribution. oh and with DOGE - Smaller government = reduced govt spending.
So basically you’re mad that trump got in and everything is just going to be bad? That’s overall what I’m getting here lol
Nah, I talked about a lot of different pros and cons of you watched to the end. There are a lot of negative repercussions for student loan repayment realistically though.
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