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re: Happy Student Loan Payments Resume After a 3-Year Pause month

Posted on 10/2/23 at 8:49 am to
Posted by JumpingTheShark
America
Member since Nov 2012
22957 posts
Posted on 10/2/23 at 8:49 am to
There was proposed automatic forgiveness for balances under $10k. Who in their right mind is going to write a check to the government for a balance they do not owe? If your bank called and said they’ve forgiven the remaining balance on your small business loan would you write the check anyway? Might as well flush it down the toilet.
This post was edited on 10/2/23 at 8:50 am
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3146 posts
Posted on 10/2/23 at 8:52 am to
quote:

Who in their right mind is going to write a check to the government for a balance they do not owe?
Free lunches do not exist. The taxpayers fund whatever "forgiveness" there is. I'd rather, as a responsible tax payer, be forgiven of other people's sometimes-stupid decisions. So, as long as we both agree you're a free-loading a-hole contributing to the demise of Western Civilization, proceed.
Posted by Capt ST
Hotel California
Member since Aug 2011
12897 posts
Posted on 10/2/23 at 8:52 am to
Wasn’t there qualifications to get it? I kept paying my daughters down, almost done. But now she wants to go to nursing school, so I guess I’m going to be starting all over again.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167605 posts
Posted on 10/2/23 at 8:55 am to
quote:

There was proposed automatic forgiveness for balances under $10k. Who in their right mind is going to write a check to the government for a balance they do not owe?



You do owe it. You borrowed it.


quote:

If your bank called and said they’ve forgiven the remaining balance on your small business loan would you write the check anyway?



A bank is a private institution loaning out money they are responsible for. Not lending out funds that fall back on the general public.

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