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Started By
Message
49 year old musician gets 250k in student loans forgiven. Plans to take sabbatical
Posted on 4/21/24 at 8:39 am
Posted on 4/21/24 at 8:39 am
quote:
Beyond financial goals, Lambdin said the relief is also allowing him the freedom to pursue some of his long-term dreams, including taking a sabbatical to study with his meditation teacher in India.
I want to thank all of you baws on behalf of this Chad.
Your hard work and tax paying has finally allowed him to pursue is dreams.
LINK
31
Posted on 4/21/24 at 8:41 am to Grievous Angel
quote:
I want to thank all of you baws on behalf of this Chad.
You spelled Chode wrong.
Posted on 4/21/24 at 8:43 am to Grievous Angel
What a piece of shite.
Posted on 4/21/24 at 8:46 am to Grievous Angel
Better than giving it to Ukraine
Posted on 4/21/24 at 8:48 am to Grievous Angel
punchable face
Posted on 4/21/24 at 8:48 am to Grievous Angel
quote:
It's something that I wouldn't have been able to even consider doing if we had to pay off student loans, but without them, it's something that I can really seriously consider doing," he said. "And so those are the kinds of things that I think get really lost in the monetary side of the conversation about debt relief."
Well.. you weren’t paying them anyway so what was stopping you from going to India in the first place
Posted on 4/21/24 at 8:48 am to Grievous Angel
And these are the people the dems a buying votes from.
However, he would have probably voted for Biden anyway……
However, he would have probably voted for Biden anyway……
Posted on 4/21/24 at 8:49 am to Grievous Angel
quote:
Public Service Loan Forgiveness
quote:
A Gen Xer
This is going to be good
Posted on 4/21/24 at 8:49 am to Lawyered
quote:
Well.. you weren’t paying them anyway
If he was on PSLF, then he was paying something.
Posted on 4/21/24 at 8:49 am to Grievous Angel
Looks like he finally grew up…kind of?
Posted on 4/21/24 at 8:54 am to SlowFlowPro
quote:
If he was on PSLF, then he was paying something.
Unless he was teaching in a school setting, he wasn’t on PSLF
The article doesn’t mention what he actually did for work as far as I can tell so my guess is “struggling freelance performer”.
Posted on 4/21/24 at 8:56 am to Grievous Angel
At least the comments in the article were reassuring. I didn’t read a single one that thought this was a good idea.
Posted on 4/21/24 at 8:59 am to Dadren
Psfl required 120 payments over 10 years at a qualified nonprofit or government agency. Sounds like he got some one time adjustment thing.
Posted on 4/21/24 at 9:04 am to Grievous Angel
quote:
49 year old musician gets 250k in student loans forgiven.
Lots of hardworking baws will be roofing and building roads this summer to pay for his freebies.
Posted on 4/21/24 at 9:06 am to Dadren
quote:
Unless he was teaching in a school setting, he wasn’t on PSLF
The article specifically mentions he was on PSLF
He could be employed by a non-profit musical organization and still get PSLF
Posted on 4/21/24 at 9:07 am to FreddieMac
quote:
Psfl required 120 payments over 10 years at a qualified nonprofit or government agency. Sounds like he got some one time adjustment thing.
Yeah sounds like they’re basically applying the new IBR plans retroactively and forgiving loans with 25 years of qualifying payments.
In fairness, he’s probably made some progress, but the article says he basically put them in forbearance every opportunity he could so the interest accelerated upwards.
Posted on 4/21/24 at 9:07 am to Finnish
quote:
I didn’t read a single one that thought this was a good idea.
Do they have a time machine? This law is like 16-17 years old.
Posted on 4/21/24 at 9:09 am to SlowFlowPro
This guy is going to end up on further government assistance in the future.
Some people are just naturally motivated to succeed and build wealth and some are not.
Some people are just naturally motivated to succeed and build wealth and some are not.
Posted on 4/21/24 at 9:16 am to SlowFlowPro
quote:
Do they have a time machine? This law is like 16-17 years old.
That means you can’t disagree with it?
Very few agree with saddling tax payers with an individual’s poor decisions. $250k to become a musician is, was, and always will be a stupid decision.
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