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Student loan solution: 1. Allow bankruptcy 2. Claw back debt from universities
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Date: April 22nd, 2025 5:17 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. done. traditional bankruptcy after 5 or 7 years + clawbacks from university endowments/admins/etc. makes the government 'whole' while going after the place that the money actually went.
all the focus on 'students' themselves seems dishonest when they were mostly just conduits to funnel cash from the feds to university admins. rule #1 of any sort of financial investigation is to find out where the money actually went. in this case, it's the universities.
the refusal of trump and the GOP to attack shitlib universities on this basis is a huge political and rhetorical failure. |
Date: April 22nd, 2025 5:17 PM Author: androgenital distance cool it with the antisemitism (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871878) |
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Date: April 22nd, 2025 6:08 PM Author: Trump Tariffs Can Do No Wrong (TDNW) (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872025) |
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Date: April 22nd, 2025 5:18 PM Author: """'"'"""'' solution: irresponsible fucks who took out loans they had no intention of paying back get 5 years to pay it back or get shipped to El Salvadoran prison to pay off the debt by giving handjobs to drug cartel members. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871881) |
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Date: April 22nd, 2025 5:20 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. this is what i mean by bad rhetoric. you're protecting shitlib university admins - from the RIGHT - while also sounding deranged at the same time. great job, kiddo. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871887) |
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Date: April 22nd, 2025 6:32 PM Author: "'"''"'""' cr (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872072) |
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Date: April 22nd, 2025 8:38 PM Author: """'"'"""'' dont give a shit, they all need to be deported. hth (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872363) |
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Date: April 22nd, 2025 5:20 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Actually, the government should not be backing any student loans. Banks should take on all the risk, not the taxpayers (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871889) |
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Date: April 22nd, 2025 5:22 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. clearly. but the current pile of federally-backed debt already exists. this is how to deal with it. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871894) |
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Date: April 22nd, 2025 5:22 PM Author: novus homo (gunneratttt) (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871896) |
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Date: April 22nd, 2025 6:36 PM Author: Ass Sunstein (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872082) |
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Date: April 23rd, 2025 12:18 AM Author: sealclubber this is not correct even if i largely agree the government's focus should be life liberty and the pursuit of happiness ensuring that poors can pursue happiness is why a policy that permits guaranteed loans to poors makes sense and making those loans non-dischargeable to all also makes sense |
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Date: April 22nd, 2025 5:21 PM Author: novus homo (gunneratttt) idk how people blame the kids when they were all 18 year old shitheads doing exactly what every adult told them to do and was facilitated and encouraged by the government.
makes no sense we allow people to discharge credit card debt they racked up living beyond their means but not some 18 year old who got an english degree. that person was at least *trying* to be responsible. |
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Date: April 22nd, 2025 5:23 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Well, a lot of 18 year olds refuse to go to smaller city schools or community colleges that are much cheaper than the 4 year universities because they want the "college" experience (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871898) |
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Date: April 22nd, 2025 5:24 PM Author: novus homo (gunneratttt) and we funded that because the majority thought it was a good idea. that still doesn't address the question of why that person deserves lifelong nondischarable debt and not some prole that wanted a jet ski real bad. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871907) |
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Date: April 22nd, 2025 5:23 PM Author: lex (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871900) |
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Date: April 22nd, 2025 5:23 PM Author: androgenital distance Alexander the Great was 22 when he was granted generalship and began his conquest on the Persian Empire (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871901) |
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Date: April 22nd, 2025 5:25 PM Author: lex he was already training as a cavalry commander before most of us were allowed to play full contact football (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871912) |
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Date: April 22nd, 2025 5:27 PM Author: novus homo (gunneratttt) and we poast on xoxo. an outlier doesn't change the fact that most people that age are stupid. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871916) |
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Date: April 22nd, 2025 6:39 PM Author: androgenital distance 99% of other 14yos were working 10 hour days in fields (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872092) |
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Date: April 22nd, 2025 5:24 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. it's also rather bizarre that so many 'conservatives' rail against 'the university system' and accuse universities of everything from brainwashing kids to ruining the culture, but then IMMEDIATELY start simping for those very same universities when someone suggests putting them on the hook financially for loans which THEY absorbed via overpriced 'tuition'.
"grrr, those leftist universities! wait, what - NOOOOO, don't take money from the universities!!!"
it's completely incoherent. |
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Date: April 22nd, 2025 5:26 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., I just dont want my tax money bailing these kids out. Those universities can go to hell (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871915) |
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Date: April 22nd, 2025 5:28 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. that's not coherent unless you have a plan to get the money back in a timely manner. getting it back from the students only works on those students who have the money, which is apparently not the case with a lot of them.
the fastest way to resolve that funding gap is to facilitate the recovery of that cash from the party which DOES have the money, which is the university. this is not even debatable if the goal is rapid recovery of funds. it's the only realistic path. |
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Date: April 22nd, 2025 5:32 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., How do we get it from the universities? (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871934) |
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Date: April 22nd, 2025 5:33 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. just take that shit and ignore 'judges' who try to stop you. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871938) |
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Date: April 22nd, 2025 5:34 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Sounds good to me. Who's against this? (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871943) |
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Date: April 22nd, 2025 5:35 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. trump's own education secretary, apparently. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871945) |
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Date: April 22nd, 2025 5:44 PM Author: novus homo (gunneratttt) it's crab bucket mentality. people don't bat an eye when an elite gets a windfall, they get maf when someone closer to their class does in a way they didn't.
these people never have solutions, they just say "bootstraps!" it's like if a kid had a gash and someone just kept saying "well they should be more careful!" in response to "we need to treat the wound." now the wound is getting infected and they still keep saying "should have been more careful!"
ok, fine. these retards shouldn't have taken out loans that they have no ability to repay. but they did, so what now? and don't we (as in the us) bare some blame for giving them the fucking loans? when a kid owes the government $10k the kid has a problem. when a kid owes the government $300k the government has a problem. |
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Date: April 22nd, 2025 5:49 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Ok fine, I'll bailout the STEM majors with my tax money but refuse to give a dime to other majors essentially those with gender studies degrees. Is that OK with you? (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871975) |
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Date: April 22nd, 2025 5:59 PM Author: novus homo (gunneratttt) no, those are the ones that need to be bailed out. the people that made good decisions and got marketable degrees don't.
we collectively loaned the people getting gender studies degrees the money. and it's not coming back. sorry, it's just another bloomer boondoggle we're going to inherit it. but we *will* inherit it. |
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Date: April 22nd, 2025 6:00 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Oh fuck that then. They can starve for all i care (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872003) |
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Date: April 22nd, 2025 6:05 PM Author: novus homo (gunneratttt) when is the last time that "let them eat cake" to people that cannot afford to have a decent life resulted in something good?
if you can't see the eventually consequences of "let them starve" for *YOU* idk what to say. you've got a starving dog in your house and one day he's gonna eat you. |
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Date: April 22nd, 2025 6:11 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. My dog is my responsibility. Shithead deadbeats who took on debt they can't pay aren't. That's why my dog eats ribeye and they eat rice and beans. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872033) |
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Date: April 22nd, 2025 6:13 PM Author: novus homo (gunneratttt) then go move to sealand. we're talking about what the government, whose role is providing for the welfare of its citizens, should do. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872039) |
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Date: April 22nd, 2025 6:30 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. They provide you with basics like food stamps so that you don't starve. Aside from that, you're not owed shit. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872062) |
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Date: April 22nd, 2025 6:31 PM Author: novus homo (gunneratttt) by "provide" i mean "create the conditions for", not "hand out." (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872067) |
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Date: April 22nd, 2025 6:34 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Bailing out deadbeats that made bad choices creates the conditions of social failure. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872077) |
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Date: April 22nd, 2025 6:39 PM Author: penis bum As does funding bloated, wasteful administrations such as higher ed in 2025 USA that produce, in your words, "deadbeats that made bad choices" (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872090) |
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Date: April 22nd, 2025 10:46 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Which is why I favor a solution that holds institutions accountable going forward. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872654) |
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Date: April 22nd, 2025 5:24 PM Author: ---------------!!!!!!!!!!!!!----------- You are correct that they should both be dischargeable but then 90% of student's risk profile would cause them to get their loans denied denying them the current American Dream of an expensive shitty peice of worthless paper and decades of debt. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871909) |
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Date: April 22nd, 2025 5:29 PM Author: low effort lowercase moniker like 90% of the people who got fucked by student loans are libs, so cons want them to have to pay the loans back so they get fucked. people will come up with every rationalization under the sun rather than admit this
btw i agree with this myself. the ends justify the means. fuck libs, i want these people hurt as much as possible |
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Date: April 22nd, 2025 5:30 PM Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,. if the theory is that the university system itself is churning out new libs, then the system should obviously be the primary target. the question is why 'conservatives' are explicitly protecting that system via their policies and actions. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871927) |
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Date: April 22nd, 2025 5:35 PM Author: low effort lowercase moniker this is a separate question from what the thread is about, but the answer is that "conservative" politicians and policymakers get $ from these people, so they don't go after them
the actual solution is to close down all universities in the US, because they cannot be salvaged in any way, but this would never happen in our current political system because there's so much $ and jobs tied up in the "higher ed" machine |
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Date: April 22nd, 2025 5:34 PM Author: blow off some steam 🚨 patriot alert 🚨 (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871944) |
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Date: April 22nd, 2025 5:46 PM Author: novus homo (gunneratttt) lmfao at this obeezy level partisanship.
most of us want to do what's best for society so we can live in a nice society. you're just living a power fantasy behind a fucking screen because you're impotent and mad. |
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Date: April 22nd, 2025 5:48 PM Author: low effort lowercase moniker no i'm just honest
everyone thinks like this, i just have the balls(?) to be honest about it on an anonymous internet message board |
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Date: April 22nd, 2025 5:56 PM Author: novus homo (gunneratttt) no, it's female vindictiveness. most men innately know "i'd like to improve the society i live in even if it benefits people i don't like because things will still be better for me if i live in a nice society."
men that live online to engage in a power fantasy over "pwning the libs" are mocked irl. look a pics of groypers irl and it's a bunch of fat dysgenic losers who are clearly just maf at their own lot in life. |
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Date: April 22nd, 2025 6:01 PM Author: low effort lowercase moniker i'd rather that all of these people be killed, but having them socioeconomically crippled is good too if that's the best we can get
you're imagining some other imaginary hypothetical scenario in your mind where we live in a homogeneous coherent society and a bunch of innocent, intrinsically good young adults who would otherwise be productive, healthy members of society got tricked into crippling debt. that's not the world we live in. the world we live in is that these people are almost all evil worthless parasites who are completely hostile to our society and will never, ever be anything other than a fifth column trying to kill us before we kill them
stop and think about it for a minute. btw every single one of these people would kill you or saddle you with crippling debt if they could. but yeah keep simping for them in the abstract i guess |
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Date: April 22nd, 2025 6:12 PM Author: novus homo (gunneratttt) i live in a shitlib city and have a lot of shitlib friends and most of them are chill. your LSD nightmare world isn't one i've seen reflected much in reality.
if your political ideas just boil down to "fuck the people i don't like" then we just have different goals. i'd like to improve society, not try kill half the country because of tranny bathrooms or whatever reason you've got murderous rage for them. |
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Date: April 22nd, 2025 6:17 PM Author: low effort lowercase moniker *everyone's* political views LITERALLY boil down to "fuck the people i don't like," lol. doesn't matter how big or small brained or tolerant or intolerant you are
read mr. schmitt my friend |
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Date: April 22nd, 2025 6:25 PM Author: novus homo (gunneratttt) it's not mine so it can't be.
idk what you're referencing. |
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Date: April 22nd, 2025 6:32 PM Author: low effort lowercase moniker https://plato.stanford.edu/entries/schmitt/#ConPolCriLib
well worth your time to read this section imo |
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Date: April 22nd, 2025 5:45 PM Author: Oh, You Travel? ( ) Collect it from the fucking debtors. If you're on this website then STFU and pay your debts. Everyone needs to do this so that Houses stop costing $1,900,000k (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871966) |
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Date: April 22nd, 2025 6:00 PM Author: novus homo (gunneratttt) it's not about the people on this site. it's about retards that shouldn't have been lent hundreds of thousands for a piece of paper that confers negative future earning power. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872004) |
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Date: April 22nd, 2025 6:41 PM Author: Oh, You Travel? ( ) Most people seem to Fail to repay their loans even if they make $280,000k+. This is especially true of Gen Xers for some reason.
The government should collect the fucking money from whomever they can. If the Loser liberal artists are judgment-proof, go after the universities. There is a Ruinous federal deficit and Losers must suffer. |
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Date: April 22nd, 2025 5:56 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. The obvious issue is that you can't collect from institutions that haven't effectively co-signed the loan. We should make higher ed institutions be required to do exactly that for all fed loans AND fed funding. So you can be a totally private college/university/grad school but you'll get 0 funding and be ineligible for fed loans. Or you can cosign but if the students default you'll be on the hook. With this system the problem will completely resolve itself very quickly. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48871994) |
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Date: April 22nd, 2025 6:05 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Ok, but how do we bailout the 22 year old gender studies major with $300k student loan debt? (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872020) |
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Date: April 22nd, 2025 6:31 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Basically just let them PAYE until the loan or time limit runs out. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872069) |
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Date: April 22nd, 2025 5:59 PM Author: ........,,,,,,......,.,.,.,,,,,,,,,, This is a good start but i think you also need to find a way to knee cap the universities from just stealing money from kids - even if they can pay it back.
It applies everywhere, but dental school is the clearest example of this.
Does anyone think it really costs $600,000 to train a dentist? Of course not. The schools have a monopoly on it and they've realized they can extract $600,000 of these smart kids' future earnings.
You need to do something like create some sort of national testing standards, and have that weighted higher than colleges on resumes. So basically yeah your resume can say you went to Harvard, but its below your scores on the SAT 2.0 which tells your employerer how well you scored in your alleged major or whatever.
For law school, your bar exam score would have to be much more prominent than your law school. |
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Date: April 22nd, 2025 6:02 PM Author: .,.,.,.,.,...,.,,.,,.....,.,..,.,,...,.,.,,...,. The correct approach is to pit student loan debtmos against universities. Trump should propose taxing, confiscating, whatever, the endowments of universities to help provide relief student debtmos. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872010) |
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Date: April 22nd, 2025 6:09 PM Author: Trump Tariffs Can Do No Wrong (TDNW) THEY’RE GOING AFTER MY ENDOWMENTS (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872028) |
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Date: April 22nd, 2025 6:10 PM Author: scholarship Payments are $0 dollar for the foreseeable future so it seems pretty solved atm (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872032) |
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Date: April 22nd, 2025 6:11 PM Author: .,.,,...,...,..,....,...,...,... You're on the right track, but that's the wrong way to go about doing it. No court is going to allow you to collect from a third party that did not co-sign the contract. A better solution is to make it so that if enough students from a particular university/degree program are not paying back their loans (due to IBR, forbearance, default, or any other reason), they are no longer allowed to receive future federal loans. I can guarantee that universities will immediately start cutting worthless degree programs.
And while I think it should be easier to discharge student loans in bankruptcy, there still needs to be some limit or every single doctor in the country is going to declare bankruptcy as soon as they graduate from medical school. Indeed, that was already happening, which is why they made students loans non-dischargeable in the first place. I'm okay with discharging student loans if you can't pay them, but not if you simply don't want to pay them. |
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Date: April 22nd, 2025 6:17 PM Author: Trump Tariffs Can Do No Wrong (TDNW) (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872048) |
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Date: April 22nd, 2025 6:32 PM Author: Trump is the first woman President (TT6) claw back all ERC, PPP funds over a 10 year period as well.
fair is fair |
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Date: April 22nd, 2025 7:03 PM Author: Ass Sunstein The current people aren't that important. They'll die off or whatever. But the government needs to completely get out of the student loan business going forward. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872151) |
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Date: April 22nd, 2025 8:29 PM Author: ,.,.,.,........,....,,,.. The obvious solution is to end all federal student loans going forward and forgive all the existing ones. The whole thing was a giant mistake from the beginning and has caused a lost generation. The economy would immediately pop if this happened. People have been delaying life decisions, families, the whole thing. It’s a massive blight on America. You’ll get 5 minutes of noise from seal clubber types and then everyone would forget, and we’d be left in a much better place. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872354) |
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Date: April 22nd, 2025 10:40 PM Author: ''"'''"''"' The solution will have a very racist effect. No HBCU will survive. (http://www.autoadmit.com/thread.php?thread_id=5714773&forum_id=2...id.#48872641) |