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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

highplainsdem

(48,721 posts)
29. I was listening to a financial-advice show last year where a parent asked if she should take
Fri Jan 24, 2020, 02:25 PM
Jan 2020

out a second mortgage to pay off her son's student debt, which is at a higher interest rate, so he could save money as he repaid her.

She was advised to just wait in case one of the candidates recommending debt forgiveness gets elected.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
Exactly cilla4progress Jan 2020 #1
No, it's not squirecam Jan 2020 #28
You don't get ss unless you're over 66. dawg day Jan 2020 #43
You are wrong about SS. MicaelS Jan 2020 #88
I know... reduced rate before 66. dawg day Jan 2020 #93
People who were 85 at the start of Social Security didn't get retroactive payments dragonlady Jan 2020 #64
And everyone will benefit from the debt relief as well kcr Jan 2020 #67
'zactly cilla4progress Jan 2020 #72
Do you have any college age kids? BlueWI Jan 2020 #82
I do not squirecam Jan 2020 #83
Having college age children is just a reference point. BlueWI Jan 2020 #84
I wish she hadn't used social security as an example jimfields33 Jan 2020 #45
It's a poor example.... squirecam Jan 2020 #47
True. jimfields33 Jan 2020 #49
It was a perfect example kcr Jan 2020 #68
Time will tell jimfields33 Jan 2020 #74
Actually, once SS started, only those who paid into it got it. PoindexterOglethorpe Jan 2020 #85
Recommended. guillaumeb Jan 2020 #2
A whole lot of DUers agree with the selfish father. There was a huge thread on it last night. LonePirate Jan 2020 #7
That's because he wasn't selfish. highplainsdem Jan 2020 #10
Yes he was/is. He didn't want Warren helping other people obtain an education. LonePirate Jan 2020 #11
It was clear from what he said that he didn't see why the government should pick up the highplainsdem Jan 2020 #12
He was selfish, and short sighted. guillaumeb Jan 2020 #15
No one forced those students to borrow massive amounts. The ones who borrowed the most did so highplainsdem Jan 2020 #23
My son in law borrowed over 35,000. guillaumeb Jan 2020 #40
That's under $150/mo over 20 years, and I think the loan balance is forgiven after 20 years. highplainsdem Jan 2020 #53
My son in law and daughter had to wait to buy a house. guillaumeb Jan 2020 #60
People with lower incomes because they don't have degrees have to wait, too, if they can ever highplainsdem Jan 2020 #62
So, making college less affordable and accessible makes sense? kcr Jan 2020 #69
Didn't say anything like that. I like Biden's plan: highplainsdem Jan 2020 #70
But, but, but. Wuttabout the public servants who did the right thing? kcr Jan 2020 #71
They don't have to watch others being given debt forgiveness for nothing. And I imagine if any highplainsdem Jan 2020 #73
Well, yes they do. They paid for their college. Their new colleagues don't. kcr Jan 2020 #75
Laughable. highplainsdem Jan 2020 #76
I can see subsiding the cost of attending a state school The Mouth Jan 2020 #66
And that might be easier to accomplish. eom guillaumeb Jan 2020 #86
Only in tupsy-turvy world are those who pay their own way considered "selfish" and those The Valley Below Jan 2020 #51
+1,000,000 highplainsdem Jan 2020 #55
I never thought I was being "selfish" calguy Jan 2020 #54
I agree with her! David__77 Jan 2020 #3
This is going to be... pfeiffer Jan 2020 #4
If Democrats support policies of virtuous cruelty and selfishness, they will lose in November nt Fiendish Thingy Jan 2020 #6
Bingo! If voters want cruelty and selfishness, 45 will win them over each and every time. LonePirate Jan 2020 #9
+1 Kurt V. Jan 2020 #77
Yup, extremely tone deaf on her part Amishman Jan 2020 #14
It will get much tougher as word gets out that her plan, like Sanders', provides most of the highplainsdem Jan 2020 #18
It's like the ones against free public tuition bigbrother05 Jan 2020 #5
And the free education squirecam Jan 2020 #32
No, it isn't. Social Security was never offering tens of thousands of dollars (or potenteially highplainsdem Jan 2020 #8
OK. Act_of_Reparation Jan 2020 #30
???? Have never heard anyone whining about that. highplainsdem Jan 2020 #33
Uh huh. Act_of_Reparation Jan 2020 #37
Still have no idea what you're talking about, since there's nothing in there about millennials and highplainsdem Jan 2020 #41
Your failure to recognize hyperbole notwithstanding... Act_of_Reparation Jan 2020 #42
You do see it's about changing tastes, don't you? highplainsdem Jan 2020 #46
To what squirecam Jan 2020 #34
Would say forgive all debt equal to the cost of the closest, least expensive The Mouth Jan 2020 #13
Right squirecam Jan 2020 #36
Yes, everybody knows where that talking point comes from. It is major CRINGE m-lekktor Jan 2020 #16
Obama admin Treasury official: highplainsdem Jan 2020 #19
Trump Education Dept Official Urges Student Loan Forgiveness BeyondGeography Jan 2020 #21
Did you notice Johnson recommended that people who'd already paid their debt get a $50,000 credit? highplainsdem Jan 2020 #26
Point is you're to the right of a Trumper BeyondGeography Jan 2020 #31
No, I'm not to the right of a Trumper. I've never said I'm an absolute no on loan relief. highplainsdem Jan 2020 #35
So you agree with Warren that we shouldn't avoid addressing the BeyondGeography Jan 2020 #38
Biden's plan makes much more sense than Warren's: highplainsdem Jan 2020 #56
When people get riled about this they really ought to stop and think about all the handouts to corps captain queeg Jan 2020 #17
+1 nt backtoblue Jan 2020 #44
In similar condition tiredtoo Jan 2020 #20
It is very hard to get SSDI The Mouth Jan 2020 #24
Well ok tiredtoo Jan 2020 #50
So you are squirecam Jan 2020 #59
No that is not what i said. tiredtoo Jan 2020 #80
All I know is that it requires pretty solid medical evidence The Mouth Jan 2020 #65
No i think most of the people on SSDI need it tiredtoo Jan 2020 #79
I'm a little split on this... Happy Hoosier Jan 2020 #22
I was listening to a financial-advice show last year where a parent asked if she should take highplainsdem Jan 2020 #29
Well she starts this fall.... Happy Hoosier Jan 2020 #57
Social Security didn't exclude people who had already saved for retirement Jose Garcia Jan 2020 #25
Exactly squirecam Jan 2020 #39
No, but it didn't reimburse them either. kcr Jan 2020 #78
K&R! redqueen Jan 2020 #27
You have to start somewhere matt819 Jan 2020 #48
This message was self-deleted by its author geralmar Jan 2020 #52
Really bad argument.... Happy Hoosier Jan 2020 #58
Although *CURRENTLY* the any 'wealth tax' The Mouth Jan 2020 #81
This isn't a good argument. Drunken Irishman Jan 2020 #61
Everyone who NEEDS loan relief should get it, IMO. mike_c Jan 2020 #63
How does one define who actually "needs" relief ? MichMan Jan 2020 #87
These are all good questions squirecam Jan 2020 #91
Just because the questions are difficult.... killaphill Jan 2020 #95
There seems to be a lot of people that you're mad at. mike_c Jan 2020 #97
That is totally absurd dsc Jan 2020 #89
It will never pass squirecam Jan 2020 #92
life isn't always fair to everyone... mike_c Jan 2020 #98
Doesn't Elizabeth's proposal have a means test? Won't the very rich be ineligible for student loan totodeinhere Jan 2020 #90
No, the unfairness is that it's a lot of money going to some very well-off people Recursion Jan 2020 #94
Actually she is wrong on the facts. former9thward Jan 2020 #96
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