the_dunk_tank

cancel my debt asshole

Then: A promise to cancel the debt.

Now: A proposal for slightly less odious repayment plans. The chuds are probably going to make sure it never happens.

Promises kept!

federation turned the dunk tank into something like a crab fishing pot except for libs, this comment section is proof

I was listening to NPR today and some dipshit said it was a "Debt cancellation plan" then the idiot interviewer asked "But they still have to pay it all back right?" Dipshit said "Yes but with less interest so it's still fulfilling Biden's promise."

I literally fucking screamed in my car. I have almost been killed by some drivers before but THIS is what caused me to flip my shit. I was so mad that I didn't even feel bad when someone gave me a glare.

"No one is willing to take jobs that pay under $30,000 anymore"

💡

Hey kids did you know that bankruptcy only lasts 7 years?

If you’re under the age of 50 and you’re not exploiting this loophole for FREE MONEY FROM THE BANKS to pay off your student loans then you’re a sucker.

1. Get a good enough credit score to get several high value credit cards.
2. Stop spending your money and start directing your money to student loans (because they aren’t typically discharged under bankruptcy because the system is RIGGED against you)
3. Pay off one card with another card. Let that balance balloon. Maybe even get some free flights from the points for a cheap holiday.
4. At the age of 25-30 you’ve probably reached the point where the walls start closing in. Turn off your phone and file for bankruptcy.
5. Once you achieve bankruptcy and you’ve hopefully paid off most of your student loans by directing your cash there and living off of credit cards, NOW IT’S EUROPE TIME BABY.
6. After 7 years living in Spain, Greece, Berlin, or France you’ve grown as a person, you’ve probably learned a new language and a new appreciation for architecture and art, maybe you’ve also met the love of your life. Whatever who gives a fuck now your credit card debt is gone baby. You beat the system.

Libs: Is this harm reduction

The example on the Save website shows that if your payment doesn't cover the interest, they'll forgive the rest of the interest while your principal balance goes untouched. It's so gross to see a payment do nothing to your outstanding balance.

They really did miss the indentured servitude days of the colonial era and had to recreate it at home. Go to school and have your wage skimmed for 20-25 years.

sweat to god i had to double-take because I thought it said the SLAVE Plan

Hey college grads, this debt is actually a great lesson in personal responsibility, bootstrapping and entrepreneurship. It is time to get creative. Have you considered dealing drugs?

In the UK you only repay when your income is over £480 a week, £2,083 a month or £25,000 a year. If your income is below this, you simply do not repay, ever.

Does something like this not exist for american student loans? Am I right in assuming they just function like other loans?

I said it years ago and I'll say it again. They're going to treat it like it's a payroll tax they can cut and raise by pausing payments for the ecawnameeee.