NY GRAND JURY VOTES TO INDICT TRUMP

[Lune]

Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]

My home equity loan at 8.6% interest identifies as a student loan for advanced gender theory [You must be logged in to view images. Log in or Register.]

I hope to god you didn't actually take a home equity loan at 8.6%

[aussenseiter]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

The pope is a 75 year old Argentinian homosexual who has never seen a vagina. Get a grip, you let Constantinople fall

[Lune]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

The pope is a 75 year old Argentinian homosexual who has never seen a vagina. Get a grip, you let Constantinople fall

based

[Landroval]

The long-winded analysis of the student loan matter is much more nuanced and rooted in class division. Corporations wanted to institute college-education as normative employment criterion, but collegiate-education was the bastion of upper class privilege.

In order to circumvent the plausible allegations of utilizing scholastic achievement as a discriminatory hurdle, student loan offerings needed to be widely expanded to accommodate a lower class influx of students which would not conventionally qualify for student loans with the conventionally much more selective financial criteria for student loan qualifications.
Because of this, and in an attempt to make private universities more prestigious (see: exclusive), the laws that were drafted to ensure, and insure, student loan payback were made much more strict and unforgiving on the private student loan market, in order to ensure that the theretofore "upper class" would continue to monopolize the chart of alumni moving forward at prestigious private universities, on the basis that their payback was already assured by intergenerational wealth and nepotism.

Public student loan, however, were made to be much more widely available to the layperson with the caveat that to ensure the continuance of "class permanence" they, too, would be made inescapable in bankruptcy proceedings, as it was highly probable that many of the "lower class" students would remain impoverished, as continued discriminatory and nepotistic hiring practices would ensure they were excluded from the lucrative positions their now attainable educational-acheivement would otherwise qualify them for.

As such, the current status of student loans being inescapable in bankruptcy proceedings is made to solidify class distinctions, and failure to meet their obligations results in a drastic marring of one's credit score which necessarily and fundamentally perpetuates class inequalities.

Of course, there are racial undercurrents within these class distinctions, as is obvious to anyone with even a modicum of understanding about WHO holds the majority of this toxic student debt (predominately women, and majoritive black women), but the primary goal of the extant legislation on the matter is the collaboration of corporate and government institituons, to perpetuate social-class-based inequalities.

[Lune]

Originally Posted by Landroval [You must be logged in to view images. Log in or Register.]

The long-winded analysis of the student loan matter is much more nuanced and rooted in class division. Corporations wanted to institute college-education as normative employment criterion, but collegiate-education was the bastion of upper class privilege.

In order to circumvent the plausible allegations of utilizing scholastic achievement as a discriminatory hurdle, student loan offerings needed to be widely expanded to accommodate a lower class influx of students which would not conventionally qualify for student loans with the conventionally much more selective financial criteria for student loan qualifications.
Because of this, and in an attempt to make private universities more prestigious (see: exclusive), the laws that were drafted to ensure, and insure, student loan payback were made much more strict and unforgiving on the private student loan market, in order to ensure that the theretofore "upper class" would continue to monopolize the chart of alumni moving forward at prestigious private universities, on the basis that their payback was already assured by intergenerational wealth and nepotism.

Public student loan, however, were made to be much more widely available to the layperson with the caveat that to ensure the continuance of "class permanence" they, too, would be made inescapable in bankruptcy proceedings, as it was highly probable that many of the "lower class" students would remain impoverished, as continued discriminatory and nepotistic hiring practices would ensure they were excluded from the lucrative positions their now attainable educational-acheivement would otherwise qualify them for.

As such, the current status of student loans being inescapable in bankruptcy proceedings is made to solidify class distinctions, and failure to meet their obligations results in a drastic marring of one's credit score which necessarily and fundamentally perpetuates class inequalities.

Of course, there are racial undercurrents within these class distinctions, as is obvious to anyone with even a modicum of understanding about WHO holds the majority of this toxic student debt (predominately women, and majoritive black women), but the primary goal of the extant legislation on the matter is the collaboration of corporate and government institituons, to perpetuate social-class-based inequalities.

Agreed, without student loans the way they are, getting into college would probably be like it is in the UK.... really fucking hard.

they have no qualms about piping their Elizondo types right into trade schools. And I don't mean to disparage trade schools

[unsunghero]

Originally Posted by Lune [You must be logged in to view images. Log in or Register.]

I hope to god you didn't actually take a home equity loan at 8.6%

Ya, with an almost 800 credit score as well

Roof needed repairs before monsoon season (which ended up being a dud…) amongst other things

My original bank wouldn’t even do a home equity loan, saying they don’t trust the housing market to stay at values they currently are

[unsunghero]

^
But if government won’t help with the loan, I’ll accept $$ help from anywhere, just sayin not asking [You must be logged in to view images. Log in or Register.]

[Lune]

I'm inclined to agree with the bank, not because I think housing values are going to drop, but because when interest rates come down, the loan is going to be a lot cheaper. But if you truly needed a new roof immediately I guess your hands were tied. But 8.6%, ouch

Indications are that households are beginning to exhaust their COVID-era savings and hiring has slowed a bit. Even if it's an actual soft landing and not a recession, I imagine they may very well drop interest rates within the next 2-4 years. There is so much pent up home demand at this point with interest rate fuckery and long term tight market I can't imagine a big decline in real estate.

[aussenseiter]

Providence conspires against Ron DeSoros

[Nibblewitz]

Powell may actually stick the soft landing but China’s economy is fucked and they will drag us into a recession with them.