Michael Ramirez for August 28, 2022

The government would actually have to raise your taxes for this to be true, otherwise you will just pay what you always pay, or would have paid anyway. The only difference is that the money may got to something that may actually make a difference in people’s lives instead of just allowing a few select to buy a new island or two.

My guess is those payments that formerly went to loan payoff will now go into the general economy buying things like houses, cars, services, going out to dinner, going on a vacation, etc. In other words, it will benefit the 99% rather than corporations and the 1%; something this country hasn’t done in a long time.

You can stop this stupid trope now.

But but you guys got millions in ppp loans and cash credits

I get to drive on Interstate highways, my grandparents didn’t.

Clay Jones addressed this in his toon today.

All that money could go to republican’s billionaire friends who give kickbacks to republicans to run on so they can give more tax breaks to billionaires.

It’s good old trickle-down economics, lemme explain, with debt forgiveness these kids will be able to invest their savings, helping the economy to grow and create more jobs.Surprised the GOP doesn’t see this since they see it in every tax break they pass.

I am an atheist. What does that have to do with it? Well all these Conservative Republicans tell me what great holy Christians they are and all they really worship is THE ALMIGHTY DOLLAR and nothing much else. I am happy to help my average fellow Americans, be it loan forgiveness, welfare, job training, SNAP and would love to see Universal Healthcare. I don’t believe in Jesus being a person, but I like his alleged philosophy of helping people.

Mr. Ramirez and friends realize that the student loan forgiveness plan also includes loan forgiveness to christian conservative Republicans who just might realize voting Democrat would actually be better for their future than remaining chained to the hateful stagnation of the Republican Party mindset.

https://www.gocomics.com/clayjones/2022/08/28

The real problem seems to be that this addresses a symptom at great cost, while doing nothing about the cause: subsidizing college eduction in a fashion that just raises prices rather than quality.

Ramirez wants the government to send EVERYONE who didn’t get loan forgiveness $20,000. Thanks Mike!

There could have, and SHOULD have been a more equitable way to do this.

Gorbag & Sovan are spot on. The University system was hosed beginning in roughly the 70’s. Most people I hear that are against this forgiveness is because, as previously mentioned, the source of the problem is not changed. I do see things changing as people are waking up to the scam that is the university system and other options become available and accepted.

Well, maybe those who paid off their student loans should receive a $10,000 check in the mail, or at least get a sizable tax deduction.

Again the lie that the debt is passed along to others. Just not true!

Roll back the corporate jet write off……that oughta help!

It was revealed that a lot of GOP cashed in on their loan forgiveness…they cry and whine with a loaf of bread in their hands…

Sickening

By this reasoning, Oklahoma’s Oklahoma Promise is unfair to taxpayers and wealthy parents.

What do we get when we “forgive” all those PPP loan forgiveness to about half of the House of Representatives?

Businesses get to write off billions of dollars in taxes. Many corporations don’t even pay taxes that way. Every deduction is a gift from the US taxpayer to it’s recipient and these gifts amount to several billion dollars a year. We should be talking about that.

Good point, Patjade!

Heck, you and I have been making up for The Contemptible Conman’s unpaid taxes for years

Paid off my student loan, went to buy a new car. The loan officer told me that my paying off the loan made no difference, student loans weren’t used for assessing credit history.

Every government program has people who are not eligible or who missed out. Why is this different? Oh, right. Because it favors the educated.

Deuteronomy 15

15 At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you. 4 However, there need be no poor people among you, for in the land the Lord your God is giving you to possess as your inheritance, he will richly bless you, 5 if only you fully obey the Lord your God and are careful to follow all these commands I am giving you today. 6 For the Lord your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.

Actually, if you paid off part of your loan during the coronavirus pause, you can get reimbursed. So this is not entirely true.

For those in the back: For what it’s worth, you’re finishing HS and you take the tests—SATs, Achievements, Whatever (do they still have the NMSQTs?), apply to colleges and BANG! Get an acceptance letter. So, now you are all elated and have to find a way to pay for your hopes and dreams. The bank says sure, hands you some papers and you think, “I trust you, now, Where do I sign!”

Way back whenever, the banks felt it a community service to help you better your life, how? The loans only started accruing interest when you stopped going to school and that interest rate? Was a mere 1.5%! Now, interest starts at day one I am told and the interest rates? 5 to 7.5 percent and that’s for far more funds than I needed to get through.

I protested Gov Reagan in Sacramento in 1966 for raising tuition at the California universities.

AOC says Congress could reverse Trump tax cuts to cancel all Student debt

https://www.rawstory.com/aoc-student-debt/

Leviticus 25:20-22 All debt was forgiven After every seven Sabbatical years, the 50th year was designated the year of Jubilee. All slaves and indentured servants (at least the Hebrew ones) were to be freed. All debt was to be forgiven, and all land was to be returned to its original owners.

Remember kids, the part about the talking snake is literal and the part about forgiving debt is a metaphor.

I would love to put this in front of everyone who feels that the people who are getting loan forgiveness do not deserve it. It explains my earlier comments about people having paid more than twice their original loans and still having balances more than they started with. Read to the end (especially about the people looking forward to death, because their loans would die with them)

Quote below

The average cost of college (tuition room and board) in 1984 was $3,156 when Ramirez graduated UC Irvine. Adjusted for inflation this was $8,999 in current dollars (per www.usinflationcalculator.com). In 2022, the in-state public college average for TR&B was $27,330 per year. Four years of college today averages roughly $109,320—four years in Ramirez’s day only $12,624. That’s 3 times the cost Ramirez would have spent. Putting it all in perspective the $10,000 forgiveness makes it now only 2.8 times the cost—not much of a subsidy of the cost of college by the government. The way Ramirez and rest of his over-60 Boomer right editorial cartoonists are crying foul you’d think Biden is giving away the farm. It’s not even close so get a clue Ramirez (and take an economics class while you’re at it.)

‘Cause it is 2022. Why aren’t you railing against the latest scam Congress passed? Please catch up with your rants.

@Patjade – We all get to pay off other people’s loans……….while the Democrats sow forvotes in November!

Ya Hoo! White Privilege Rules. Let the peon tax payer pay for the 8 year frat party! God bless america.

This CRAP Biden is trying to BUY VOTES WITH is an unconstitutional taking, BUT that won’t stop them from trying!

Taxes are nothing but the involuntary Governmental theft of one’s labor! An educational loan is a voluntary loan that one takes on and fully agrees to repay!! The agreement is the same if you are the child of a lawyer or of a bus driver. However, it becomes theft if one does not pay it back!!!