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Alhena

(3,068 posts)

21. Plus, the extra spending money the current loan payers receive would be inflationary

Reply to sammythecat (Reply #19)

Thu Jan 13, 2022, 03:51 PM

Jan 2022

So it would basically be a gift for maybe 15 percent of voters, that would be paid for by the rest in inflation. And who would repay student loans in the future? Much smarter to just ignore them and wait for the eventual gift from a president.

This is bad politics and bad policy.

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The Bold Economic Move Joe Biden Refuses to Make [View all] Celerity Jan 2022 OP

He's three years younger than me JustAnotherGen Jan 2022 #1

About 45 million have outstanding student loans, while 34 million have paid them off. Klaralven Jan 2022 #2

Too bad. Magoo48 Jan 2022 #3

I'd like them to go back to 1991 and pay mine (I'd settle for 50K) jimfields33 Jan 2022 #4

Are you suggesting new laws should be retroactive across the board? Torchlight Jan 2022 #8

This isn't a law. Mr.Bill Jan 2022 #11

Every law is a gift to some and a bane to others. Torchlight Jan 2022 #12

It wouldn't hurt. jimfields33 Jan 2022 #13

Ex post facto laws are specifically prohibited by the Constitution. Torchlight Jan 2022 #14

Oh please. Never has anybody been grandfathered into a new law? jimfields33 Jan 2022 #15

Please support your assertion ex post facto laws wouldn't hurt Torchlight Jan 2022 #16

You are talking crimes. Doesn't even register in this scenario jimfields33 Jan 2022 #17

We were speaking of law. You are moving goalposts Torchlight Jan 2022 #18

This is such a no-brainer. It's a rare political/economic win. WhiskeyGrinder Jan 2022 #5

Has she ever mentioned how and under what authority President Biden can cancel student debt? George II Jan 2022 #6

Yes. It is important that the issues of student loans for future students be addressed, also. madinmaryland Jan 2022 #9

I agree JustAnotherGen Jan 2022 #10

She should have left out: "and for himself politically". marie999 Jan 2022 #7

This is a terrible idea sammythecat Jan 2022 #19

Plus, the extra spending money the current loan payers receive would be inflationary Alhena Jan 2022 #21

Misleading article- the Supreme Court would overturn it Alhena Jan 2022 #20

this is already being used against the president lookyhereyou Jan 2022 #22