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Started By
Message
Subject Line: Your Student Loans Have Been Forgiven
Posted on 8/18/23 at 10:34 am
Posted on 8/18/23 at 10:34 am
email from my loan servicer. login to site and the balance is 0
studentaid.gov still has a balance. anyone else getting this???
studentaid.gov still has a balance. anyone else getting this???
Posted on 8/18/23 at 10:40 am to jTy
quote:
login to site and the balance is 0
anyone else getting this???
Yes, because we paid ours off.
Posted on 8/18/23 at 10:42 am to jTy
Mine were forgiven right after I paid them. If you borrowed the money pay it back scumbag.
Posted on 8/18/23 at 10:42 am to jTy
When do people get refunds for not taking out loans because they sacrificed by saving money to go to college?
Posted on 8/18/23 at 10:46 am to jTy
I assume your educated arse just got scammed.
Posted on 8/18/23 at 10:49 am to jTy
quote:
Starting Monday, hundreds of thousands of federal student loan borrowers received emails from their servicers with the subject line "Your student loans have been forgiven."
The notices came as part of the Biden administration's previously announced efforts to cancel debt for 804,000 borrowers who qualify for relief under their repayment plans but haven't yet received it because of what officials have called administrative failures.
The emails started going out on Monday, according to a copy of the confirmation notices to borrowers that ABC News exclusively obtained.
LINK
Posted on 8/18/23 at 10:50 am to jTy
Here is my big question on any forgiven student loans.
The balance on any forgiven loans is considered to be taxable income.. Will this apply to forgiven student loans?
The balance on any forgiven loans is considered to be taxable income.. Will this apply to forgiven student loans?
Posted on 8/18/23 at 10:52 am to Witty_Username
quote:
Yes, because we paid ours off.
I also got the same notification when I paid my loans off.
Posted on 8/18/23 at 10:52 am to SlidellCajun
quote:
When do people get refunds for not taking out loans because they sacrificed by saving money to go to college?
I actually 100% expect them to do this "to make it fair". In reality, theu will find any reason to print a few more trillion to further destroy the middle class.
Posted on 8/18/23 at 10:53 am to jTy
So you got your loan paid off and the people in Hawaii with no house, car, income got $700.00
Posted on 8/18/23 at 10:57 am to gumbeaux
quote:
Here is my big question on any forgiven student loans.
The balance on any forgiven loans is considered to be taxable income.. Will this apply to forgiven student loans?
quote:
However, borrowers working toward loan forgiveness have been exempt from taxes thanks to the American Rescue Plan Act of 2021. This measure made forgiven student loans exempt from federal income taxes, but it only applies to loans that are discharged between January 1, 2021, and December 31, 20225.
The American Rescue Plan applies to all student loan forgiveness programs but only affects federal income taxes. Although some states adopted similar measures for state income taxes, not all followed suit.
As of 2023, Indiana, North Carolina, and Mississippi have stated that the balance of forgiven student loans will be taxed as income. Taxpayers in Arkansas, California, and Wisconsin could face the same fate — the states are currently reviewing their tax laws and have yet to make a determination (as of June 2023).
LINK
Posted on 8/18/23 at 10:59 am to Green Chili Tiger
quote:
December 31, 20225
I don't think the country is going to be around that long.
Posted on 8/18/23 at 10:59 am to Green Chili Tiger
Didn't SCOTUS nuke this back in July?
Posted on 8/18/23 at 11:00 am to jTy
You just got phished. That degree is really paying off.
This post was edited on 8/18/23 at 11:01 am
Posted on 8/18/23 at 11:07 am to jTy
Your e-mail address just got HACKED you stupid deadbeat !
Posted on 8/18/23 at 11:08 am to jTy
Sounds like a scam/phishing email.
Posted on 8/18/23 at 11:09 am to dakarx
quote:
Didn't SCOTUS nuke this back in July?
This is a different policy with statutory forgiveness.
Biden just used executive action to fix administrative failures.
Completely different scenarios.
Posted on 8/18/23 at 11:14 am to SlowFlowPro
Be sure to give your SS number just
To be sure.
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