President Joe Biden

Politifact did look at Trump the same as Biden...that's what they do.
Apparently the White House found it necessary to CORRECT what the President meant...
Just shows and confirms a pattern:
The border is closed, the Afghan withdrawal was a success, inflation is transitory, baby formula unavailability, etc., ad nauseam....

Trump said so many stupid things there wasn't enough staff at politifact to be as pedantic as this specific example.
 
Predatory Loans
Tuition and fees for some Corinthian programs were more than five times the cost of similar programs at public colleges. In 2013, the Corinthian tuition and fees for an associate’s degree was $33,000 to $43,000. The tuition and fees for a bachelor’s degree at Corinthian cost $60,000 to $75,000.

The CFPB believes the Corinthian colleges deliberately inflated tuition prices to be higher than federal loan limits so that most students were forced to rely on additional sources of funding. The Corinthian schools then relied on deceptive statements regarding its education program to induce students into taking out its high-cost private student loans, known as “Genesis loans.” Today’s lawsuit alleges that under the Genesis loan program:

  • Interest rates were more than twice as expensive: Corinthian sold its students predatory loans that typically had substantially higher interest rates than federal loans. In July 2011, the Genesis loan interest rate was about 15 percent with an origination fee of 6 percent. Meanwhile, the interest rate for federal student loans during that time was about 3 percent to 7 percent, with low or no origination fees.
  • Loans were likely to fail: Corinthian expected that most of its students would ultimately default on their Genesis loans. In fact, more than 60 percent of Corinthian school students defaulted on their loans within three years. The Everest, Heald, and WyoTech schools did not tell students about these high default rates. Defaulting on private student loans can have grave consequences for consumers, including affecting a borrower’s job prospects and making it difficult to get any kind of loan for years.
I'm just curious. Will the Biden administration push for all bad debt to be forgiven? How many people were roped into bad mortages because of predatory lending practices? Where is the proverbial " line in the sand"?
 
I'm just curious. Will the Biden administration push for all bad debt to be forgiven? How many people were roped into bad mortages because of predatory lending practices? Where is the proverbial " line in the sand"?
I was just talking to my buddy and best pal. His dd was roped into a worthless degree from a college that bills itself as "Elite" a few years ago. Girl can;t find any work and they "sold" her loans for 6 years so she could be a full time student and not have to work part time. Now she is in love with the man of her dreams. However, he is self made and has no debt. This girl comes with a mortgage payment and no job and no house. She owes over $150,000 and can;t find a job and the guy she likes looks like he's bailing because of the debt she has. This girl had no business going to college and only went because she was told to go by her private school. True stories out like this and it goes with the guys who thought going to college would get them a better job.
 
Ohhh....I got ya.
Justify Biden's long list of ineptitude by blaming Trump...
Brilliant!!
I have bffs on both sides and they all crack me up and scare me. My former fellowship of Christian Brethren think I'm into New Age, Eastern Thought and Yoga. They don;t like that I don't say, "Jesus Christ" or "Praise the Lord" and I don't go to church and they think I'm lost and fallen away and I only say "Yeshua." and mediate and do contemplation and I go inner and said of yelling out, "Jesus is Lord." Both sides need to calm down and start making deals or things are going to worse. One thing I like about t is he knows these people well and he knows their sick and he knows how to make deals with these types. it does take one to know one. I also have my Gun Guys telling me to buy food, get a gun and have plenty of ammo. Fear base porn on both sides is for the birds and will not have any of it. I picked love and this place does not help me love my neighbor the way I want to. Little liar will be know more and I already know that. It's not worth my time and it's time for me to walk away from being online too much. Peace out this Sunday Lion Eyes. I want to go out with a dear song that speaks to my heart about this place we hang out to vent a little and debate. The local pubs are starting up with masks again and that sucks!!!
 
Ohhh....I got ya.
Justify Biden's long list of ineptitude by blaming Trump...
Brilliant!!

I'm cool if you don't like Biden. The optics aren't great, though, when you're slamming him based on a silly example like this. I bring up Trump because pulling out moments of stupidity was shooting fish in a barrel. But go on, spend your time on SoCal soccer forum trying to make yourself feel better about your beliefs which are probably on a rocky foundation to begin with. Whatever brings you happiness.
 
I'm just curious. Will the Biden administration push for all bad debt to be forgiven? How many people were roped into bad mortages because of predatory lending practices? Where is the proverbial " line in the sand"?

Do you know the differences between mortgage loan debts and student loan debts?
 
I bring up Trump because.........
I, NorCalDad, has a bad case of TDS. Big Pharma got some pills for you bro. The Juice has hacked your brain as well. PM me and I can help I promise. I take donations at this time so it's kind of free or share. Look at what your avatar has become btw. I'm disappointed but not surprised. It was nice debating with you all these years. Good luck and please stay safe and stay off the Juice man.
 
I'm just curious. Will the Biden administration push for all bad debt to be forgiven? How many people were roped into bad mortages because of predatory lending practices? Where is the proverbial " line in the sand"?
Remember they are not looking to erase the debt of just students who went to certain schools. They want to cover all the loans from every institution.

So per usual espola brings up a straw man argument he heard and thought that was his gotcha moment.

There is no good reason to cancel out debt of people who went to college. The prez doesn't have the authority. And then of course...why stop there? Why just those loans? Why should people who paid off their loans not get money back, etc.

It is a stupid idea economically and appeals to the economic illiterate and those are the votes the Ds are trying to catch.
 
I'm cool if you don't like Biden. The optics aren't great, though, when you're slamming him based on a silly example like this. I bring up Trump because pulling out moments of stupidity was shooting fish in a barrel. But go on, spend your time on SoCal soccer forum trying to make yourself feel better about your beliefs which are probably on a rocky foundation to begin with. Whatever brings you happiness.
Slamming ? Hmmmm....
One more time..it's simply an example illustrating the incompetence of the President.
Joe Biden has a long history of plagiarism and lies...that's not an attack, it is fact.
The rest of your post is speculation and horseshit...the truth can be difficult for some Daddy's.
Enjoy your week end Daddy
 
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Remember they are not looking to erase the debt of just students who went to certain schools. They want to cover all the loans from every institution.

So per usual espola brings up a straw man argument he heard and thought that was his gotcha moment.

There is no good reason to cancel out debt of people who went to college. The prez doesn't have the authority. And then of course...why stop there? Why just those loans? Why should people who paid off their loans not get money back, etc.

It is a stupid idea economically and appeals to the economic illiterate and those are the votes the Ds are trying to catch.

Straw man? I was responding to LE's empty jibe about the recent decision by the Biden administration to forgive all outstanding student loan debt arising from contracts with Corinthian Colleges. Do you have some evidence that those debts did not arise from a deliberate fraudulent scheme by Corintihian? If so, speak up.

The link I provided is pretty clear. If you are still unconvinced, here is some more background --

 
Remember they are not looking to erase the debt of just students who went to certain schools. They want to cover all the loans from every institution.

So per usual espola brings up a straw man argument he heard and thought that was his gotcha moment.

There is no good reason to cancel out debt of people who went to college. The prez doesn't have the authority. And then of course...why stop there? Why just those loans? Why should people who paid off their loans not get money back, etc.

It is a stupid idea economically and appeals to the economic illiterate and those are the votes the Ds are trying to catch.
Blanket loan forgiveness mostly appeals to people who borrowed large sums for an unmarketable degree. (And people who make a living teaching classes in unmarketable majors.)

If you borrowed 100K to finish your engineering degree at state school, you probably don't need to attend a rally for loan forgiveness.

Targeted loan forgiveness for students of fraudulent institutions like Corinthian or Trump U is another question.
 
I'm cool if you don't like Biden. The optics aren't great, though, when you're slamming him based on a silly example like this. I bring up Trump because pulling out moments of stupidity was shooting fish in a barrel. But go on, spend your time on SoCal soccer forum trying to make yourself feel better about your beliefs which are probably on a rocky foundation to begin with. Whatever brings you happiness.
This post...you sound like Es offspring.
 
Straw man? I was responding to LE's empty jibe about the recent decision by the Biden administration to forgive all outstanding student loan debt arising from contracts with Corinthian Colleges. Do you have some evidence that those debts did not arise from a deliberate fraudulent scheme by Corintihian? If so, speak up.

The link I provided is pretty clear. If you are still unconvinced, here is some more background --

Empty jibe or gibe?
Your right Magoo, none of the 560,000 debt canceled recipients will consider voting Democrat in November.
 
Empty jibe or gibe?
Your right Magoo, none of the 560,000 debt canceled recipients will consider voting Democrat in November.

jibe
verb (2)
variant spelling of GIBE
intransitive verb
: to utter taunting words


As for who would vote which way, I made no statement.

"The only relief that was granted was to victims of a criminally fraudulent operation."

That's the whole post.
 
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