Comments by "Debany Doombringer" (@debanydoombringer1385) on "" video.

@zenithperigee7442 When it comes to taxes, most of what you're charged is penalties. The amount they end up "settling" for is what they actually owed in taxes usually with a small amount of interest. Everything else you're talking about is debt held by private institutions. That's not money from taxpayers. If you take a loan from the government, you don't really owe the government. You owe the taxpayers because the government doesn't make its own money. That's removing money that the government collects taxes for to provide services to the citizens. Not paying it back is removing money that would go toward those services so they're denying the public what they're paying for.
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The garnishment they're complaining about are for people in default. These are people that haven't made a payment on their loan in years. That's why they owe 6 figures. It's piled up with interest being charged on the previous accumulated interest. Nobody but themselves to blame.
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@displayname7t4 No. They're suggesting they're taking in more calories than they need meaning they have money to spend most likely on takeout. There's a big difference between being overweight and starving. If you think if someone isn't obese they're starving, I can't help you.
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@cortholiopezorama8879 That's how my brothers had to do it. There were no government backed loans then. You had to take out a private student loan which the payback terms were similar. You didn't have to start paying until you'd been out of college for a year type of thing. Then again you also had to meet much higher requirements to be accepted into a university then.
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@0neMadGypsy Why would how they handle money be different? How you handle money has nothing to do with anything that you mentioned. When I take out a mortgage, I'm going to pay double or triple what the price is for it over that 30-year loan due to interest. They also just enjoyed 5 years of interest free borrowing they could have made a substantial dent in what they owe. I'll never get 5 years interest free on my mortgage. They technically got 6 because for the first year you don't have to make payments or have interest on it. Add on that the majority holding large amounts of student debt have a Masters degree or above so they'll make even more over their lifetime than the $1 million. Even if with interest they pay $200,000, that degree still got them $800,000 more in their lifetime, but they expect people that will make $800,000 on average less than them to pay for them to earn more than them. I'm still baffled by the handle money different. You handle money based on what funds you have available after paying your bills. Those bills would include your loan payment. Edit: What different "demographics"? My husband doesn't have a degree and makes close to $200,000 a year. I'm 100% certain that we're in a higher "demographic" than the teacher with a degree making $ 50,000 a year.
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3:23 No honey. I'm not responsible for what your parents told you. "We" didn't tell you anything because we don't know who you even are. 7:56 That's funny. They mean being a professional student. I love how they're acting like this is some new, groundbreaking idea. Gen X figured that out. There's literally movies about dumb people that did it back then. Even so, eventually schools will stop allowing you to enroll so they found out, and these people will too. Yeah, you can't ever have not been enrolled. Community colleges also don't let you go forever. After you've reached enough credits to be considered a Junior, you either have to get special permission to continue attending or they won't allow you to continue.
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@DaveS71 They're government back. If the government can forgive them, then the government holds the debt. Government money comes from taxpayers. The government isn't a business. They don't sell a product. All government money comes from taxes. So yes, it is taxpayer money that's been paid to these universities for their education and it's taxpayer money they owe to the government. Do you think they owe the universities? The universities got paid while they were attending them. Edit: I hope you're not college educated because it will just further prove how wasteful it's been for the government to offer student loans.
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@Mystic.ape. The idea is to take that degree and attend a 4 year university for only 2 years, drastically reducing the cost. Ideally one you can commute to so you don't add room and board to the cost. That's how I did it. I worked and paid cash for the number of classes I could afford each semester. It takes longer, but you're debt free.
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@displayname7t4 Mislead how? Take a mortgage as an example. You're going to end up paying over twice what the cost of the house is for that 30 year loan. Credit cards are even more. Everything is laid out when they sign. You don't pay for the first year to allow you time to get a job and after that the minimum payment is set up how it is to allow you to get established until you can start paying more than the minimum. If you purchased a $50,000 car, your payment would be more than $200 a month and even then, the first 2 years go toward interest. The one who's loan has almost doubled is lying. They missed payments because they're set up to at least cover the interest and got penalties. What happens if they fail to make payments and why they're structured how they are is all explained in the paperwork they sign.
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