(Thread IKs:
skooma512)
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Some interesting tidbits in here. https://twitter.com/matthewstoller/status/1666640990336106498?t=DrMrnXHhvnDbfJyxa8_jbg&s=19 South America is ours! https://twitter.com/ryangrim/status/1666495086996119553?t=Hf4CoWoCC8aEAXcbtJYFeg&s=19
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Jun 8, 2023 15:10
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| # ? May 25, 2024 02:20 |
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Our backyard should be neat and tidy!
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Jun 8, 2023 15:12
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Pittsburgh Fentanyl Cloud posted:lol they're going to cause an economic implosion with the student loan payment restart and blame it on Sleepy Joe and they would be correct, it’s him and his shithead administration that wants the payments restarted
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Jun 8, 2023 15:13
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I’m glad Joe gets the blame
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Jun 8, 2023 15:14
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He did tell us all that he doesn't give a gently caress about young people
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Jun 8, 2023 15:14
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Work requirements for current medicare and social security recipients.
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Jun 8, 2023 15:15
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Mr Hootington posted:South America is ours! it's been a long running project for some time. from October '22: webcams for christ posted:the Bond Market has forced the first ever Leftist president of Colombia to change course:
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Jun 8, 2023 15:16
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UKJeff posted:If high schools treated skilled trades as an equally viable option to college, it wouldn’t be as much of an issue. Instead, if you don’t want to go to college or can’t, you’re pretty much left to fend for yourself This take feels 10 years out of date. College enrollment has been on a steady decline as more young people aren't bothering anymore.
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Jun 8, 2023 15:20
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webcams for christ posted:it's been a long running project for some time. from October '22: Yep. The bond thing was used to whip Colombia into softening or getting rid of progressive changes.
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Jun 8, 2023 15:20
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SKULL.GIF posted:This take feels 10 years out of date. College enrollment has been on a steady decline as more young people aren't bothering anymore. also states withdrawing financial support from their universities, which is causing costs to skyrocket
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Jun 8, 2023 15:21
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Woke Mind Virus posted:Lmao at more income = more likely to default It follows that UofC study that said high credit score people took out additional debt during the pause while everyone else was mostly unchanged
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Jun 8, 2023 15:22
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Mr Hootington posted:Interesting survey from mid-may I know people who I thought were financially secure who are panicking over this so, uh, yeah, I'm thinking it might be worse than expected. New IBR rules gotta do a lot of heavy lifting or a ton of people are going to get wrecked.
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Jun 8, 2023 15:34
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Can't afford your loan payment? Just buy 400 less avocado toasts this month and watch the money roll in.
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Jun 8, 2023 15:37
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Ardennes posted:There are high paying manual labor jobs out there as well, but there are great and all until you throw out your back at 42. high paying manual labor jobs are practically non-existent. the only real way to make good money in trades is to be the business owner i guess it's also possible if you're an independent contractor in some small town and have no competition or something, idk
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Jun 8, 2023 15:37
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IRB is a scam though, and you will be paying off those loans forever. There are jobs like being gutting fish in Alaska that technically pay well but they are some grueling it is hardly worth it.
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Jun 8, 2023 15:37
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It's impossible to get a contractor here to do work around your house because nobody goes into those jobs anymore because you can't live a decent living on what they pay.
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Jun 8, 2023 15:39
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Ardennes posted:IRB is a scam though, and you will be paying off those loans forever. Who cares, though? Eternal student loans with an affordable (or no) payment beats missing other bills because you went to college. Like there are literally people out there who took out mortgages thanks to the student loan pause. Paradoxish has issued a correction as of 15:46 on Jun 8, 2023 |
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Jun 8, 2023 15:43
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IRB is simply a lifetime "so you decided to go to college, did ya" tax nowadays
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Jun 8, 2023 15:47
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Paradoxish posted:Who cares, though? Eternal student loans with an affordable (or no) payment beats missing other bills because you went to college. It just means people will now see 15% of their discretionary disappear forever on top of every other cost inflating as much as possible. It won’t collapse society but just make it even more miserable. People aren’t going to college usually because they have other plum jobs lined up, they just simply can’t afford it even with loans.
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Jun 8, 2023 15:50
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Pittsburgh Fentanyl Cloud posted:It's impossible to get a contractor here to do work around your house because nobody goes into those jobs anymore because you can't live a decent living on what they pay. Lots of builders and tradesmen make a ton of money they're just booked out with people willing to pay more than you The real bitch of the wealth gap is the service economy shifting to whales
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Jun 8, 2023 15:50
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Paradoxish posted:Who cares, though? Eternal student loans with an affordable (or no) payment beats missing other bills because you went to college. My friend did this even though I asked him multiple times if he was sure it was a good idea He's panic applying to other jobs for a pay raise rn
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Jun 8, 2023 15:51
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Nonsense posted:its a good bet. i just don't see crypto "going away" Why wouldn't Gemini be the one to survive? They've gotten through all this mostly unscathed Ardennes posted:It just means people will now see 15% of their discretionary disappear forever on top of every other cost inflating as much as possible. It won’t collapse society but just make it even more miserable. A lot hangs on the balance of whether the discretionary income re-definition goes through at the same time. I think it's all gonna get hosed up and people are going to panic for a few months. Just did the math and average income for college grad in IL (37,419) with the new FPL*2.25 formula works out to $38/mo for a single person. Biden needs to get this poo poo in place sooner rather than later. trevorreznik has issued a correction as of 15:58 on Jun 8, 2023 |
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Jun 8, 2023 15:51
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im_sorry posted:Someone needs to get one of those old MP3 players, fill it full of AI generated strings of swears, and tape the headphones to the device's microphone. the ai has been trained to only understand a duke nukem soundboard repeating “balls of steel”
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Jun 8, 2023 15:52
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Business Gorillas posted:My friend did this even though I asked him multiple times if he was sure it was a good idea I know who a couple who did this and had a baby in the same time period and I feel incredibly bad for them because they're just balls of pure anxiety right now.
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Jun 8, 2023 15:55
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Mr Hootington posted:Interesting survey from mid-may 56% plan to default should have been the headline iyam
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Jun 8, 2023 15:56
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i CANNOT PAY THEM BACK, sorry
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Jun 8, 2023 15:56
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Paradoxish posted:I know people who I thought were financially secure who are panicking over this so, uh, yeah, I'm thinking it might be worse than expected. New IBR rules gotta do a lot of heavy lifting or a ton of people are going to get wrecked. new ibr rules are stuck at the Supreme Court afaict maybe not
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Jun 8, 2023 15:57
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Mr Hootington posted:Some interesting tidbits in here. I view this more as the Pentagon being afraid of what will happen when the Chudges kill the FDA
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Jun 8, 2023 15:57
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Half of student loan borrowers planning on default is a catastrophic indictment of US society even without any additional knock-on effects
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Jun 8, 2023 15:58
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euphronius posted:new ibr rules are stuck at the Supreme Court afaict The lack of any messaging on this is kind of incredible. The new rules are complete gamechangers edit: Oh yeah, the chart makes even more sense with the new rules, because the lower income people will have tiny payments and the higher ones still get whacked trevorreznik has issued a correction as of 16:02 on Jun 8, 2023 |
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Jun 8, 2023 15:59
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PoundSand posted:the ai has been trained to only understand a duke nukem soundboard repeating “balls of steel” blow it out your rear end
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Jun 8, 2023 15:59
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the 2 biggest reasons I expatriated the US are for health insurance and to literally never make a student loan payment again. gently caress that
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Jun 8, 2023 16:05
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Paradoxish posted:Half of student loan borrowers planning on default is a catastrophic indictment of US society even without any additional knock-on effects Personal Responsibility rates are going to be rising through the roof!
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Jun 8, 2023 16:06
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"You agreed to pay the loan back when you took it out, cope" says small business tyrant who had a six figure PPP loan written off
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Jun 8, 2023 16:08
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SourKraut posted:I view this more as the Pentagon being afraid of what will happen when the Chudges kill the FDA generic drugs from lockheed would be cheap, they said
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Jun 8, 2023 16:09
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Did anyone else have the TEPSLF work out for them? I just found out I had all my loans forgiven.
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Jun 8, 2023 16:16
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Yes I got my wife's forgiven through that.
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Jun 8, 2023 16:17
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Deliberately destroying the economy to enforce moral hazard on school loan borrowers if loving wild. It really rubs in everyone's face just how little political power we actually have.
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Jun 8, 2023 16:23
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Nothus posted:Deliberately destroying the economy to enforce moral hazard on school loan borrowers if loving wild. It really rubs in everyone's face just how little political power we actually have. It's cool, when a bunch of people default on mortgages and have to sell other assets to make ends meet, the capitalist class will be there to scoop everything up at fire sale prices.
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Jun 8, 2023 16:26
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| # ? May 25, 2024 02:20 |
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https://twitter.com/ryangrim/status/1666814246414618632?t=9-BR285lnplQe8JJ7xmC5w&s=19
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Jun 8, 2023 16:26
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