Cancelling Student Debt

301148731_10228216069208510_1755819458400178448_n.jpg
 
Some old tv preacher used to promote a year of jubilee where all debts were cancelled.
 
Some old tv preacher used to promote a year of jubilee where all debts were cancelled.
It was a thing for the ancient Jews.

The Jubilee is the year at the end of seven cycles of shmita (Sabbatical years) and, according to biblical regulations, had a special impact on the ownership and management of land in the Land of Israel. According to the Book of Leviticus, Hebrew slaves and prisoners would be freed, debts would be forgiven, and the mercies of God would be particularly manifest.

from wikipedia
 
It was a thing for the ancient Jews.

The Jubilee is the year at the end of seven cycles of shmita (Sabbatical years) and, according to biblical regulations, had a special impact on the ownership and management of land in the Land of Israel. According to the Book of Leviticus, Hebrew slaves and prisoners would be freed, debts would be forgiven, and the mercies of God would be particularly manifest.

from wikipedia
All debts would be (relatively) short term. There would be a lot less debt in general. Not a lot of leverage in play. Save up and buy it with cash (or livestock or sheaves of wheat …)
 
It was a thing for the ancient Jews.

The Jubilee is the year at the end of seven cycles of shmita (Sabbatical years) and, according to biblical regulations, had a special impact on the ownership and management of land in the Land of Israel. According to the Book of Leviticus, Hebrew slaves and prisoners would be freed, debts would be forgiven, and the mercies of God would be particularly manifest.

from wikipedia
And wasn’t there some old politician from Arkansas back in the day who would often advocate repudiating the national debt.

:confused::confused::confused::confused::confused::confused::confused::confused:
 
Insane

JPMorgan:
Who benefits from the 2022 student debt cancellation?
infographic-cancellation_fig1.png
The people making more than $116k are getting the BIGGEST share of forgiveness.
infographic-cancellation_fig4.png

And affluent white grads are getting the highest percentage of forgiveness by ethnic breakdown. Oh yeah…that’s right Blacks (29%), Hispanics (21%), and Whites (49% :shrug:) add up to 99%. So I guess that means Asians are SOL.
 
Last edited:
Insane:

JPMorgan:
Who benefits from the 2022 student debt cancellation?
infographic-cancellation_fig2.png



7b80a589-7340-4144-a622-92d893649131

The people making more than $116k are getting a bigger share of forgiveness.

infographic-cancellation_fig4.png


And affluent white grads are getting the highest percentage of forgiveness by ethnic breakdown. Oh yeah…that’s right Blacks (29%), Hispanics (21%), and Whites (49% :shrug:) add up to 99%. So I guess that means Asians are SOL.

The Democrats screw with Asians every chance they get. It's unreal. If the GOP could halfway get its **** together, there virtually wouldn't be an Asian Democrat left in the country.
 
The Democrats screw with Asians every chance they get. It's unreal. If the GOP could halfway get its **** together, there virtually wouldn't be an Asian Democrat left in the country.

Asian Democrats really confuse me, but there they are continually voting D. I guess they like government services, but what else??
 
Asian Democrats really confuse me, but there they are continually voting D. I guess they like government services, but what else??

I've at least read that they agree with Democrats on almost nothing but that it's a racial thing. They buy into the narrative that Republicans don't like anybody who isn't white and don't like immigrants in general. They hear that constantly from the media, and I don't think they know to see it as agenda-driven. And of course, the Trump-era GOP doesn't know how to appeal to them at all.

However, eventually, I think they will leave the Democrats. Asians voting Democratic is like a bunch of blacks and Jews voting for David Duke. It makes no sense at all. Everything in their agenda is a very big and very blatant "**** you" to Asians and every value they tend to hold - crapping on merit, overtly discriminating against them in college admissions, and being OK with them being physically assaulted so long as the perpetrators aren't white. It's only a matter of time.
 
All debts would be (relatively) short term. There would be a lot less debt in general. Not a lot of leverage in play. Save up and buy it with cash (or livestock or sheaves of wheat …)

All you have to do is end the Fed and balance the government budget to have the same effect. Maybe not all, but a very large portion of the way there.
 
I took 21 hours my final semester so I could graduate early. Of those 21 hours, I took “History of Rock and Roll.” I thoroughly enjoyed it, but would never ask anyone else to pay for it.
 
And this **** is why we need a real reform of higher education. Nothing wrong with people studying rock and rock or Taylor Swift (even if studying her music is a colossal waste of time), but it should never be paid for with taxpayer money - whether directly or through a government-backed student loan. That's just idiocy.
 
I took 21 hours my final semester so I could graduate early. Of those 21 hours, I took “History of Rock and Roll.” I thoroughly enjoyed it, but would never ask anyone else to pay for it.

Hey! That was my Fine Arts credit and learned more in that class than many of my non-majors.
 
Insane

JPMorgan:
Who benefits from the 2022 student debt cancellation?
infographic-cancellation_fig1.png
The people making more than $116k are getting the BIGGEST share of forgiveness.
infographic-cancellation_fig4.png

And affluent white grads are getting the highest percentage of forgiveness by ethnic breakdown. Oh yeah…that’s right Blacks (29%), Hispanics (21%), and Whites (49% :shrug:) add up to 99%. So I guess that means Asians are SOL.

Asians don't have debt. They deal in cash.
 
Well, SCOTUS just handed Joe a win with this decision.
Now he can run on the "I was going to forgive your debt, but this conservative SCOTUS has tied my hands. I'm sorry, I wanted to help, but this court has made some strange rulings that have taken away our freedoms once again."


upload_2023-6-30_10-42-50-png.8107
 
The DNC knows how to manipulate the dumb citizenry. Offer whatever and then demonize republicans. They could care less about the actual survival of our republic.
 

Recent Threads

Back
Top