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Started By
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re: Draft Education Dept. budget to possibly cut Public Service Loan Forgiveness Program
Posted on 5/18/17 at 10:40 am to buckeye_vol
Posted on 5/18/17 at 10:40 am to buckeye_vol
quote:How would the lender know that when the borrower isn't required to submit verification?
Well unless they work 120 months in a public service job, then they don't qualify for forgiveness
More info needed on this. I'll research it later.
1
Posted on 5/18/17 at 10:45 am to deltaland
quote:They are still required to make 120 payments.
They make about 50k a year but don't have to pay their 200k student loans they owe.
Posted on 5/18/17 at 10:45 am to deltaland
So because of anecdotal evidence, you don't support something like this?
Posted on 5/18/17 at 10:46 am to TigerTattle
quote:Well they should have to verify it. If that's not the case, then that's an easy fix.
How would the lender know that when the borrower isn't required to submit verification?
Posted on 5/18/17 at 10:49 am to bamarep
The only people whose education I'll pay for are my children. You borrow, you pay back or you face the consequences. No free money! Period.
Posted on 5/18/17 at 10:50 am to buckeye_vol
The application which presumably determines eligibility is set to be rolled out this year. No one has actually been forgiven under this program yet.
Posted on 5/18/17 at 10:51 am to The Spleen
This enticement is not going happen with free money from me, the taxpayer.
Posted on 5/18/17 at 10:53 am to The Spleen
The negative impact of the VA alone should be enough reason to think this is stupid.
This is only going to result in shittier public employees or higher salaries.
If they want to cut 501(c)(3)s from the program I would be ok with that.
This is only going to result in shittier public employees or higher salaries.
If they want to cut 501(c)(3)s from the program I would be ok with that.
Posted on 5/18/17 at 10:53 am to conservativewifeymom
quote:So let's not fund those school choice programs; I assume you agree.
This enticement is not going happen with free money from me, the taxpayer.
In fact, then let's abolish all taxes altogether. I'm good with that.
This post was edited on 5/18/17 at 10:55 am
Posted on 5/18/17 at 10:55 am to buckeye_vol
If we got the federal government out of student loans everyone would be better off. I'm not sure how cutting PSLF is an "answer" to the issue the government created in the first place though.
Posted on 5/18/17 at 10:55 am to conservativewifeymom
These people have to make a decade's worth of payments and are working for under market value. Do you want your D.A's office to have good prosecutors? Your local VA hospital to have good doctors? Etc
Posted on 5/18/17 at 10:56 am to CorporateTiger
It sounds good to morons
Posted on 5/18/17 at 10:57 am to conservativewifeymom
quote:What is no comparison? The loan forgiveness is essentially a benefit for public service, contingent on 120 months of repayment. So why would you have a problem with that, and not have a problem with the salaries and other benefits your taxes pay for?
NO comparison!
And you are against the funding proposal for those school choice programs, right?
Posted on 5/18/17 at 10:58 am to NIH
First, I don't think the federal government should be in the student loan business.
However, while it is, the public service loan program is one of the few programs the DoEd managed to get right.
However, while it is, the public service loan program is one of the few programs the DoEd managed to get right.
Posted on 5/18/17 at 10:59 am to NIH
It's a free market. They need to go and work wherever the pay is right. I will contribute to charities of my choice, not charities/causes picked out by the government. My local DA's office is not one of my chosen charities, and I already pay a boatload of state and local taxes.
Posted on 5/18/17 at 10:59 am to Wally Sparks
I utilize this plan after taking a lower paying non-profit job. will never vote GOP ever again if this happens
Posted on 5/18/17 at 11:00 am to conservativewifeymom
quote:So then you support the abolishment of taxes that pay for those jobs and services, correct? No public funding for police, schools, etc.
My local DA's office is not one of my chosen charities, and I already pay a boatload of state and local taxes.
This post was edited on 5/18/17 at 11:01 am
Posted on 5/18/17 at 11:00 am to NIH
I mean the taxpayers foot the bill whenever a deadbeat simply can't repay his or her loans. Trump hasn't done anything to fix that (like getting rid of federal loans).
Why penalize the people who are often working for below market value in important roles? They are at least trying.
Why penalize the people who are often working for below market value in important roles? They are at least trying.
This post was edited on 5/18/17 at 11:01 am
Posted on 5/18/17 at 11:01 am to conservativewifeymom
You should stick to chain emails, clearly you are out of your element. I'd love to hear an explanation on how and a D.A's office, which carries out one of the few government services actually needed, is a charity? Also, I'm amused you left the VA example untouched.
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