quote:
And what do you mean "continue to get to do this"? All other forgiveness has flowed directly from federal laws. PSLF was passed in like 2007 or 2008.

I'm not gonna pretend to know the details of it but seems to me if federal law passed by congress enabled them to be forgiven then they'd be forgiven without any additional action taken by the current admin

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Posted by SlowFlowPro

Simple Solutions to Complex Probs

Member since Jan 2004

425616 posts

Posted on 4/8/24 at 6:54 pm to Wishnitwas1998

quote:
but seems to me if federal law passed by congress enabled them to be forgiven then they'd be forgiven without any additional action taken by the current admin

They just clarified some regulatory issues.

The implementation of PSLF was a disaster initially under the Trump admin (not necessarily the fault of the Trump admin), and the regs had to be cleaned up a lot.

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Posted by billjamin

Houston

Member since Jun 2019

12883 posts

Posted on 4/8/24 at 6:58 pm to Wishnitwas1998

quote:
I'm not gonna pretend to know the details of it but seems to me if federal law passed by congress enabled them to be forgiven then they'd be forgiven without any additional action taken by the current admin

There are a lot of different mechanics they could try to use so it’s hard to know much when there’s just a campaign video for details.

Honestly, if they went the route of long term tax rebates they would have a good chance of getting it to stick. There’s a pretty solid history of those standing. Especially if it’s capped at something reasonable so it doesn’t have huge budget impacts.

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