Post New Article

Schumer Is Wrong To Assume Cancelling
Student Loan Debt Will Close The ‘Wealth

Original Article

Posted By: Imright, 4/7/2021 12:56:59 AM

Senate Majority Leader Chuck Schumer (D-NY) on Tuesday made the case for cancelling $50,000 in student loan debt for borrowers across the nation. According to the senator, student loan debt burdens millions of Americans and “right now” is the time for lawmakers to act. Schumer described getting a higher education as a “ladder up” with “student debt being a weight down.” He cited a number of reasons for Americans taking on massive student loan debt, including the skyrocketing cost of tuition and low-wage jobs that are available for college students.“So many people have a mountain of debt on their shoulders. Americans are $1.7 trillion [in debt].

Post Reply

Reply 1 - Posted by: Thos Weatherby 4/7/2021 1:16:07 AM (No. 747002)
So the Government establishes the student loan. Higher learning takes the cash and raises their prices (tuition) because the Government hands out loans left and right. Prices go up. Students borrow more and more. Government obliges. When students amass huge loans then the Government says they don't have to pay it back. The vicious circle never ends. And it becomes a failed program from Government. And higher learning cost way too much. Big Education. And it becomes owned by the Government.
24 people like this.

Reply 2 - Posted by: Northcross 4/7/2021 1:32:54 AM (No. 747004)
Any relief for the responsible people who scrimped and saved to pay back their loans, or are we just bailing out the freeloaders?
19 people like this.

Reply 3 - Posted by: NeverForget 4/7/2021 1:40:28 AM (No. 747005)
#1 -- Nailed it!
9 people like this.

Reply 4 - Posted by: DVC 4/7/2021 1:53:57 AM (No. 747009)
Schumer is an idiot, a fool and a liar, among other things.
20 people like this.

Reply 5 - Posted by: RuckusTom 4/7/2021 2:10:23 AM (No. 747015)
This is just like the housing bubble in 2008 when the government forced banks to provide loans to anyone drawing a paycheck. Of course for a while, the housing market in the 00's went crazy - until someone who'd bought a McMansion while working part time at the local gas station couldn't pay on their loan. Same thing is happening here. When the government gives out "free" money or forces free money into the market, prices automatically go up. Keep that in mind for the push for a $15 minimum wage.
13 people like this.

Reply 6 - Posted by: stablemoney 4/7/2021 5:11:06 AM (No. 747054)
It's called universal free college education, one of the socialist goals.
11 people like this.

Reply 7 - Posted by: PChristopher 4/7/2021 5:11:59 AM (No. 747055)
Wde the People end up paying for this and I feel no obligation and have absolutely no desire to suffer the debt of some idiot who borrowed a small fortune to get a degree in Women's Studies, or some equally useless but expensive degree, and is probably among those burning down our cities and trying to bring down this country! You can all go to blazes!
16 people like this.

Reply 8 - Posted by: mifla 4/7/2021 5:28:31 AM (No. 747056)
Vote for me, I will give you free stuff.
6 people like this.

Reply 9 - Posted by: F15 Gork 4/7/2021 5:54:40 AM (No. 747062)
That’s the ticket.......cause the mess then make it worse.
9 people like this.

Reply 10 - Posted by: GreatGreyhounds 4/7/2021 7:00:50 AM (No. 747085)
I want a $50k refund then...
6 people like this.

Reply 11 - Posted by: Muguy 4/7/2021 7:01:50 AM (No. 747086)
I have friends and colleagues who ran up over $100,000 in student loan debt and feel no responsibility to pay it off. I have friends who had that same amount of debt and it took them 15 years to pay if off. Those persons were in school over 8 years on the "fossil plan", less serious about their studies and partied a lot. They have had gainful employment but have not made much effort to pay off the debt-- just like our government! Now, somehow I should be responsible for their laziness and lack of diligence in letting it all ride??? We saved $150 a month from the time our child was six months old, and the money was gone after two and a half years. Scholarships to help them to spend at least a year in the amount of $1000/semester helped, but additional scholarships for participation in the Student Senate and working as a resident assistant in the dorm helped to defray much of the cost, so upon graduation, student debt left over was minimal. One of the persons I graduated with "worked his way through" taking 8 hours at a time each semester, changing majors twice, and it took him 10 years to get that sheepskin. It took me four years and two summers to keep my GPA manageable by not taking a "full load" with NO partying. His determination was rewarded and he is a very successful businessman now with many employees under him in a profitable business.
6 people like this.

Reply 12 - Posted by: Venturer 4/7/2021 7:23:40 AM (No. 747093)
Any loan is a burden. They accepted that burden when they took out that loan. Why should I bear their burden?
8 people like this.

Reply 13 - Posted by: privateer 4/7/2021 7:31:41 AM (No. 747101)
Shumer is wrong...fill in the blank.
3 people like this.

Reply 14 - Posted by: snapper451 4/7/2021 7:37:22 AM (No. 747111)
Best example would be what people are doing with the "stimulus" money they have been given. Did they pay down student loan debt? Likely not. More likely spent it otherwise on fun things. These kids are immature and in this day and age, selfish, wanting everything for free. They have been told by their Socialist Democrat overlords that they need to screw the rich and their debt is not their fault.
4 people like this.

Reply 15 - Posted by: Clinger 4/7/2021 8:01:49 AM (No. 747157)
You freely pay $20 to get your grass cut. The government interjects itself into the transaction and hands the landscaper $10. Your free market value and willingness to pay is still $20 so the guy now charges $30. How hard is that to grasp? Changing the topic slightly to the income gap, that will never close until we stop trying to close it. Taxes paid are not deducted from the income measured to define the gap nor are benefits received counted as income for the beneficiaries. So the more we rob Peter to pay Paul the less Paul needs to work and the gap increases. If Peter works more to make up for the loss the gap also increases even though Peter is no better off. If Peter works less because at some point why work for almost nothing tell me how that helps Paul.
3 people like this.

Reply 16 - Posted by: jimboscott 4/7/2021 8:05:47 AM (No. 747161)
"I'm from the government and I'm here to help." Nowhere is the 'Peter Principle' more evident than in the Federal Government.
4 people like this.

Reply 17 - Posted by: udanja99 4/7/2021 8:12:15 AM (No. 747170)
Bottom line - this, like reparations, is just another means to further divide the country. Divide and conquer - it has been a strategy since the dawn of humanity.
4 people like this.

Reply 18 - Posted by: petrichor 4/7/2021 8:49:24 AM (No. 747212)
So if the government pays off $50,000 in debt for all current students do new students get the first $50K free?
4 people like this.

Reply 19 - Posted by: Strike3 4/7/2021 8:58:58 AM (No. 747222)
Strapped students (and Schumer) are too dense to realize that if you can't land a job that pays well enough for you to repay your student loan, then you either chose the wrong course of study or you are too stupid to have attended college in the first place. Go flip some burgers after high school if you can learn that fine art and you won't have to repay a loan for an education that failed you. I know far too many people, myself included, who climbed the corporate ladder and retired with big salaries and retirement plans without ever having entered the front door of a liberal institution of "higher learning."
6 people like this.

Reply 20 - Posted by: jasmine 4/7/2021 10:34:47 AM (No. 747353)
FTA: Schumer described getting a higher education as a “ladder up” with “student debt being a weight down.” What a genius! Yes, Charles, education is a powerful "ladder up." But access to the ladder isn't free. That is why we have low cost student loans, and that is why students sign contracts to pay back the money they borrow, after they start working. That is also why students who might WANT to attend a four year college for all four years nonetheless opt to earn their first two years of college credits at a less expensive community college where they can live at home. Holding them responsible for the choices they make is part of the socialization process. Whether they attend a state or private university, whether they spend the first two years at a CC and finish at a four year institution, paying off a LOAN is a temporary burden. What you and your Democrat pals want to do is redistribute wealth taken from all taxpayers, and lavish it upon people in the BEST position to pay it back: Those who climbed the "ladder up" and got their degrees. If you're really worried about the wealth gap, stop importing impoverished illegal aliens into the US, and try negotiating deals with China that are good for America.
4 people like this.

Below, you will find ...
Most Recent Articles posted by "Imright"
Most Active Articles (last 48 hours)
Most Recent Articles posted by Imright"
School cops won’t return to CPS high
schools this spring, district says
6 replies
Posted by Imright 4/24/2021 11:58:39 AM Post Reply
Uniformed Chicago police officers won’t return to patrolling the city’s public high schools for the rest of this academic year, Chicago Public Schools officials said Friday. The removal of school cops is temporary until the fall but is being welcomed as a good first step by students who for years have advocated for police-free schools. It comes as about one-third of CPS high school students returned for in-person learning this week for the first time since the pandemic began. “With less than two months remaining in the school year and reduced daily in-person attendance, we feel that the presence of full-time SROs is not necessary at this time,”
Montana governor signs bill to protect Second
Amendment from federal gun restrictions
1 reply
Posted by Imright 4/24/2021 11:42:48 AM Post Reply
Montana Gov. Greg Gianforte signed a bill into law Friday that's intended to protect gun owners in the state from any new federal regulations or bans on firearms."Today, I proudly signed Rep. [Jedediah] Hinkle's law prohibiting federal overreach into our Second Amendment-protected rights, including any federal ban on firearms," Gianforte, a Republican, wrote on Twitter. "I will always protect our #2A right to keep and bear arms." (Tweet) Republicans in the state passed the law amid President Biden’s push for federal gun reform measures in the wake of a series of mass shootings across the country this year.
Donald Trump is 'MOVING from Mar-a-Lago
to his New Jersey golf club to escape muggy
Florida summer and to be closer to New
York political powerbrokers ahead of 2024'
15 replies
Posted by Imright 4/24/2021 8:23:11 AM Post Reply
Donald Trump is to relocate from Florida to New Jersey this summer, according to a report - escaping the stifling heat, and putting him closer to his New York business empire and political network.The former president, 74, officially moved his residency for tax purposes from New York to Florida in late 2019.As president, he spent a significant amount of time during the winter in Florida, and during the summer he would escape Washington for New Jersey, staying at his Bedminster golf club.He now looks to continue that pattern.
Crenshaw ‘Hopeful’ Vision In Eye Will Return,
Cautions He’s Not ‘Out Of The Woods Yet’
2 replies
Posted by Imright 4/24/2021 8:16:55 AM Post Reply
Rep. Dan Crenshaw (R-TX) offered a cautiously optimistic health update following his emergency eye surgery two weeks ago, announcing late Friday that the retina in what he’s called his “half” good eye — the eye he uses to see — remains attached as of his first follow-up appointment.“Last week, I had my first follow-up visit with my surgeon, which went very well. To our relief, my retina was still in place during my follow-up appointment. I can lift my head up again, and no longer have to position myself face-down, which is a relief,” he said. “This is obviously good news, but it doesn’t
Jill Biden to visit Navajo Nation
school still teaching remotely
15 replies
Posted by Imright 4/24/2021 5:31:50 AM Post Reply
ST. MICHAELS, Ariz.- A small grade school on the outskirts of the Navajo Nation capital is ready for students to return.Staff at Hunters Point Boarding School in St. Michaels have repainted the building, upgraded the washer and dryer in the dorms, installed a security gate, placed plexiglass between beds and installed hand-washing stations.Now, they are ready to show it off and talk about what else they can use as First Lady Jill Biden wraps up a three-day tour on Friday of the U.S. Southwest. High on the list is internet service and a new building to replace the one built in the 1960s.
Biden traveling to Georgia to
mark 100 days in office
19 replies
Posted by Imright 4/24/2021 5:15:32 AM Post Reply
President Biden and first lady Jill Biden will travel to Atlanta on his 100th day in office on April 29.The president will participate in a car rally and highlight his accomplishments within the first 100 days, White House press secretary Jen Psaki said on Friday.The trip will be Biden's second to Atlanta in his first months in office.Georgia has become a political hot spot this year over a controversial voting law.Georgia Gov. Brian Kemp (R) last month signed the law that has been sharply criticized by the White House and Democrats as restrictive and racist.
Conservative Group Targets Kamala Harris
with ‘Wrong Border’ Newspaper Ad
6 replies
Posted by Imright 4/24/2021 5:06:45 AM Post Reply
Vice President Kamala Harris made a trip to New Hampshire Friday where she was greeted by Republican Gov. Chris Sununu and a newspaper ad criticizing her unwillingness to travel to the southern border.The ad, which has been purchased by the Independent Leadership for New Hampshire PAC, features a photo of Kamala with a headline that reads, “Madame Vice President, you’re on the wrong border.”“Over 2,000 miles away, a humanitarian crisis on the nation’s southern border demands your attention,” the advertisement states, including facts about the crisis at the border, like “172,331 border apprehensions in March alone” and “Over 20,000 unaccompanied migrant children in U.S. custody.”
'That is a campaign violation': Donald Trump
tells Sean Hannity CNN broke law after
technical director was caught on camera
telling a 'date' that the network was focused
on removing him from office
4 replies
Posted by Imright 4/24/2021 4:55:16 AM Post Reply
Donald Trump has accused CNN of committing a 'campaign violation' after a technical director with the network admitted on camera that they stood in opposition to his presidency.The former president spoke to Sean Hannity of Fox News, and was asked what he thought of a sting carried out by Project Veritas, a conservative watchdog group.An undercover reporter met the CNN camera operative through a dating app, and then filmed him discussing the network's approach. In one clip, the technical director, Charlie Chester, tells his 'date' that CNN's focus was to remove Trump from the presidency.
Ben Carson Calls For Investigation Of Election:
‘If There’s Nothing To Hide, There Should Be
Nothing To Worry About’
26 replies
Posted by Imright 4/23/2021 10:56:30 PM Post Reply
Former HUD Secretary Ben Carson is calling for a “real, open” investigation of the 2020 presidential election.During an interview on Fox News, Carson told host Neil Cavuto that he agrees that Donald Trump “was robbed” of an election victory.“I think it’s certainly worthy of investigation,” Carson said.Carson voiced his full support for an open investigation into “credible” evidence and claims “so we can put it to rest once and for all.”“What disturbs me is when people say, ‘You can’t even talk about that.’ It’s like you stole the cookies from the cookie jar and you said,
White House reveals Biden’s first
overseas trip will be to Europe
18 replies
Posted by Imright 4/23/2021 10:45:47 PM Post Reply
The White House announced Friday that President Biden will make his first foreign trip in June with stops in the UK and Belgium.Biden has avoided travel due to the COVID-19 pandemic, despite being vaccinated, but will make the trip to participate in annual G7 and NATO summits. White House press secretary Jen Psaki said, “This trip will highlight his commitment to restoring our alliances, revitalizing the trans-Atlantic relationship, and working in close cooperation with our allies and multilateral partners to address global challenges and better secure America’s interests.”The G7 summit in Cornwall, England,
Breaking: Windham, New Hampshire Official
Receives Death Threats Over Upcoming Ballot
and Voting Machine Audit
5 replies
Posted by Imright 4/23/2021 10:20:26 PM Post Reply
Published with permission from Ken Eyring at Granite Grok. -Many know, I have been actively involved with a State Senator and others over the past few months – pushing for a forensic audit of Windham’s voting machines and ballots from the November 3, 2020 general election. A law mandating the forensic audit was passed on April 12th. Part of my support for the Bill included keeping the public aware, and asking them to respectfully submit their thoughts to the appropriate government officials. Their responses have been overwhelming. It is the civic duty of every citizen to get involved with our government –
Kamala isn’t at the southern border — but
migrant kids are getting Veep’s book
13 replies
Posted by Imright 4/23/2021 10:05:17 PM Post Reply
Vice President Kamala Harris hasn’t been to the border to address a crisis she was tasked to help fix—but a children’s book she wrote is waiting there for young migrants who are being welcomed into the country. Unaccompanied migrant kids brought from the U.S.-Mexico border to a new shelter in Long Beach, Calif., will be given a copy of her 2019 children’s book, “Superheroes are Everywhere,” in their welcome kits.It’s just the latest open-arms gesture by the Biden administration, whose mixed messaging regarding the border and immigration has been credited with the surge from Central America to the U.S.-Mexico border.
Most Active Articles (last 48 hours)
John Kerry Implies Net-Zero Emissions Goal Not
Good Enough, Says We Need To ‘Get Carbon
Dioxide Out Of The Atmosphere’
73 replies
Posted by ladydawgfan 4/24/2021 3:28:29 AM Post Reply
At the virtual Leaders’ Climate Summit on Thursday, climate czar John Kerry made the claim that even if a goal of net-zero emissions is achieved, carbon dioxide will still need to be removed from the atmosphere. Kerry spoke through a screen as the summit was held on a virtual format, saying, “Even if we get to net zero, we still have to get carbon dioxide out of the atmosphere. This is a bigger challenge than a lot of people have really grabbed onto yet.”
One year ago today, Trump cemented
his coronavirus legacy by promoting a
novel treatment: Injecting disinfectant
54 replies
Posted by JAngers97 4/24/2021 6:31:56 AM Post Reply
It was April 2020 and the world hadn’t entirely figured out how the then-still-novel coronavirus spread. This was a period of transition from wiping everything down to wearing a mask. And so, during the White House coronavirus task force briefing on April 23, a senior Homeland Security official outlined research into how the virus could be effectively removed from surfaces.
‘I Didn’t Want to Go Through the Rioting’:
Juror in Chauvin Trial Makes Stunning
Admission over ‘Guilty’ Verdict
53 replies
Posted by Imright 4/23/2021 2:22:27 AM Post Reply
On Tuesday, a jury found Derek Chauvin guilty of second-degree murder, third-degree murder and second-degree manslaughter in a case that had sparked nationwide riots: The death of George Floyd.During the course of the trial, Judge Peter Cahill mentioned that the court case was getting dangerously close to mistrial. A new interview with an alternate juror named Lisa Christensen, who lives in Brooklyn Center, provides new insight into the courtroom dynamics.“I just had a fascinating sit-down interview with one of the alternate jurors in the Derek Chauvin trial,” Kare 11 reporter Lou Raguse said Thursday on Twitter.“Lisa Christensen was the juror who lived in Brooklyn Center. One night she could
Ma'Khia Bryant's family remembers
her: 'An all-around good person'
50 replies
Posted by NorthernDog 4/23/2021 8:12:36 AM Post Reply
The family of 16-year old Ma’Khia Bryant, a Black girl fatally shot by a Columbus Police officer Tuesday, reflected on her life on Thursday, stating that Bryant was “an all-around good person” in an interview with The Washington Post. (Snip) “M’Khia was just an all-around good person,” Don Bryant added. “She laughed a lot,” Ma’Khia’s great-grandmother Ila Bryant said, adding that she excelled in school. “Intellectually, she was very intelligent,” Ila Bryant said, according to The Post. Body camera footage released Tuesday showed an officer, identified as Columbus Police Officer Nicholas Reardon, approaching an altercation that involved Bryant. Soon after
Virginia moving to eliminate all
accelerated math courses before 11th
grade as part of equity-focused plan
47 replies
Posted by OhioNick 4/23/2021 4:29:23 AM Post Reply
The Virginia Department of Education (VDOE) is moving to eliminate all accelerated math options prior to 11th grade, effectively keeping higher-achieving students from advancing as they usually would in the school system. Loudoun County school board member Ian Serotkin posted about the change via Facebook on Tuesday. According to Serotkin, he learned of the change the night prior during a briefing from staff on the Virginia Mathematics Pathway Initiative (VMPI).
Biden Threatens To Cancel 4th Of July
If Americans Don’t Get “The Jab”
39 replies
Posted by Imright 4/23/2021 4:47:52 PM Post Reply
Whoever is writing Joe Biden’s material doesn’t appear to have a working knowledge of why it is that Americans celebrate the Fourth Of July, or as it is otherwise known Independence Day.On Wednesday, the nation’s 46th president reiterated his tired threat: If people don’t march down to their local vaccination site and roll up their sleeves, that they would not be able to celebrate July 4th. Even to get together in “small gatherings” to commemorate the day when our forefathers broke free of the tyranny of a king.Biden’s mass vaccination push has gotten stuck in the mud now that those who were eager to take “the jab” have done so
Biden's Secretary of State Anthony Blinken
will allow embassies to fly the Pride flag
on the same pole as the US flag
37 replies
Posted by Imright 4/23/2021 10:27:48 AM Post Reply
President Joe Biden's administration will allow US embassies around the world to fly the gay Pride flag on the same flagpole as the American flag, reversing a Trump-era policy.In 2019, then-Secretary of State Mike Pompeo blocked embassy requests to fly the symbol of support for LBGTQ people on the same pole as the Stars and Stripes.But now Biden's Secretary of State Anthony Blinken has given approval to fly the flag at diplomatic outposts around the world, according to a confidential cable reviewed by Foreign Policy magazine.The move comes before May 17, the International Day Against Homophobia, Transphobia and Biphobia, and before June, which many nations recognize as Gay Pride month.
Biden says fossil fuel workers should
get new jobs ‘where they live’
35 replies
Posted by Ribicon 4/23/2021 12:58:15 PM Post Reply
President Biden on Friday said people who lose jobs in the fossil fuel industry as a result of environmental reforms must be provided new job opportunities “in the places where they live.” Biden claimed in a speech at the White House that phasing out coal, gas and oil doesn’t require economic devastation in current energy-producing regions. “As we transition to a clean energy future, we must ensure that workers who have thrived in yesterday’s and today’s industries have as bright a tomorrow in the new industries as well as in the places where they live and the communities they have built,” Biden told
Former Coca-Cola Employee Convicted
of Stealing $120 Million Worth of Trade
Secrets to Sell in China
34 replies
Posted by earlybird 4/23/2021 7:51:06 PM Post Reply
A Chinese-born American chemist was found guilty on April 22 for her role in a scheme to steal trade secrets worth an estimated $120 million from American companies for the purpose of setting up a Chinese company that would manufacture the product for the global market. After a 12-day trial, 59-year-old You Xiaorong—also known as Shannon You—of Lansing, Michigan, was convicted of conspiracy to commit trade secret theft, conspiracy to commit economic espionage, possession of stolen trade secrets, economic espionage, and wire fraud, (Snip) While working at two U.S. companies—Coca-Cola in Atlanta, Georgia, and Eastman Chemical Company in Kingsport, Tennessee—she stole trade secrets related to BPA-free (bisphenol-A) coating technology,
The End of Basic Education:
Biden Issues Universal Public
School Critical Race Theory Order
32 replies
Posted by Hazymac 4/23/2021 8:31:11 AM Post Reply
The Biden Department of Education has quietly proposed a new rule prioritizing the use of federal tax dollars for K-12 schools that replace traditional education with “culturally responsive teaching and learning” – more commonly referred to as critical race theory. This is the most significant move by the federal government to redefine the nature of state-funded public schools in U.S. history. Although the current effort to push public schools receiving federal funding to adopt a detailed indoctrination agenda may feel new and overwhelming for parents, the truth is that the Biden attempt is simply the last phase in a decades-
Breaking Exclusive: FBI Finally Releases
Records on Murdered DNC Analyst Seth
Rich – Via Attorney Ty Clevenger
29 replies
Posted by Imright 4/23/2021 9:39:39 PM Post Reply
The FBI on Friday finally released the requested documents on murdered DNC operative Seth Rich. For years the FBI denied there were any documents on Seth Rich’s unsolved murder. We caught them in this lie. (Snip) And now they release the documents but they are highly redacted. The FBI cannot be trusted. Today they finally released the documents to Attorney Ty Clevenger. We posted the documents here at The Gateway Pundit after Clevenger’s website crashed. As you can see, the FBI redacted most of the documents. (Documents)
Black business owners at George Floyd
Square pleading for help as crime spikes
and revenue plummets
29 replies
Posted by earlybird 4/23/2021 2:45:19 PM Post Reply
Black-owned businesses surrounding the area where George Floyd was killed in Minneapolis last year say they are in desperate need of help from police. Black merchants operating on the corner of 38th Street and Chicago Avenue, known as George Floyd Square, are struggling to stay open due to rampant crime and say police have blocked off the intersection, creating a dangerous autonomous zone, according to the New York Post. “The city left me in danger,” the owner of Smoke in the Pit said Thursday, two days after Derek Chauvin was convicted of murder for Floyd’s death. “They locked us up on here and left us behind.”
Post New Article