flightwatcher45 t1_it4ozet wrote on October 20, 2022 at 10:26 PM

Reply to comment by iarmit in LPT: If you're planning to apply for/accept Biden's Student Loan Forgiveness, be aware that some states may TAX it as income! by Anachronisticpoet

Trust me, if a 10k or 20k value is being discharged that's not imaginary money, it was owed to someone. The loan repayment amount, even whats above whats being borrowed, was the agreed repayment. Let me show you, venmo me 100 bucks, I promise to pay you back 200 over the next 15yrs.

iarmit t1_it4x0pv wrote on October 20, 2022 at 11:27 PM

Okay, so you don't have any reasoning to back up your "I'm paying off their loans" beyond talking points and "trust me". Thank you anyways, and no hate, I was just hoping someone could actually explain it. It's okay if they can't (as we very obviously disagree on the idea of lessening economic hardships when it comes to people and not corporations).

Sorry, I don't know how to mark this as "I'm not being sarcastic and I really do politely mean we'll just have to agree to disagree". I do thank you for your responses

flightwatcher45 t1_it4yc4h wrote on October 20, 2022 at 11:37 PM

I hear you. We all pay man. A company didn't get paid, govt will reimburse and we all, most, pay taxes. Our national debt will go up.. Nothing is free in life lol. And lots of people make payments and doing fine that get the discharge. Google who pays for student loan forgiveness. I had almost 6 figures of student debt, got a good job, read the fine print and paid it off. Now govt is essentially handing out 10 20k.. I want my free money!