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re: "Travel enthusiast” is grateful his student loans are forgiven
Posted on 4/14/24 at 1:27 pm to ApexHunterNetcode
Posted on 4/14/24 at 1:27 pm to ApexHunterNetcode
PSLF-based forgiveness is tax free.
1
Posted on 4/14/24 at 1:33 pm to Taxing Authority
quote:
These are not comparable contributions to the national common goods.
Govt laws that offer gifts like this should come with a warning label, like they force on everyone else.
"This gift will help increase the cost of Post Secondary Education for future generations"
Posted on 4/14/24 at 1:33 pm to RogerTheShrubber
quote:That I agree with, as well as one of the first posts mocking his dumb arse for pretending this had anything to do with Biden’s admin when this was a decade+ old program that’s only just starting to make waves in the last couple of years once the earliest PSLF eligible loan holders started to reach their 120 payment mark.
I never agreed with that, but did find his bragging about it to be on the spectrum.
Posted on 4/14/24 at 1:39 pm to Joshjrn
This shite concerns me a bit because I have a granddaughter thats thinking of law school, shes about to graduate HS in another year.
This kind of stuff offers no incentive to hold down costs, but do offer an incentive to increase costs. Its a terrible way to go at this. Awful.
Figures that it was a Bush program.
This kind of stuff offers no incentive to hold down costs, but do offer an incentive to increase costs. Its a terrible way to go at this. Awful.
Figures that it was a Bush program.
This post was edited on 4/14/24 at 1:39 pm
Posted on 4/14/24 at 1:41 pm to RogerTheShrubber
quote:I can tell you that LSU Law’s tuition has more than doubled since I graduated a dozen or so years ago. And it’s still considered a good value law school. The entire landscape has gotten obscene.
This shite concerns me a bit because I have a granddaughter thats thinking of law school, shes about to graduate HS in another year. This kind of stuff offers no incentive to hold down costs, but do offer an incentive to increase costs. It’s a terrible way to go at this. Awful. Figures that it was a Bush program.
Posted on 4/14/24 at 1:43 pm to Joshjrn
quote:
I can tell you that LSU Law’s tuition has more than doubled since I graduated a dozen or so years ago. And it’s still considered a good value law school. The entire landscape has gotten obscene.
Incredible. Damn
Posted on 4/14/24 at 1:51 pm to gasbaw
His hobbies don't change the fact that he satisfied the 10 years of service and payments required for loan forgiveness. I'm less than a year out for ~200k of forgiveness.
Another POS. It's not forgiveness you idiot. Somebody else is paying it. Hope you lose whatever assets you have accumulated.
Another POS. It's not forgiveness you idiot. Somebody else is paying it. Hope you lose whatever assets you have accumulated.
Posted on 4/14/24 at 1:51 pm to RogerTheShrubber
If she’s a good student with great LSAT scores, she can get most of that covered with scholarships, with one caveat: most law schools tend to be stingy with in state students. Most of the best scholarship offers will come from out of state. Not really much of an issue if the kid wants to move away anyway, but makes things a bit trickier if they want to move back, as their work/clerk experience will usually be geographically near their law school. Not the end of the world, but less than ideal. And problems compound considerably if they either go to law school or want to live in a state that isn’t part of the large reciprocity group.
Posted on 4/14/24 at 1:52 pm to Hateradedrink
Congratulations to the working class who never went to college. You get to help pay for your boss's lifestyle you wish you had. Maybe now they can buy that bass boat they've been eying out.
Posted on 4/14/24 at 1:53 pm to csgau
quote:We may just disagree on the word, but how is this not forgiveness?
Another POS. It's not forgiveness you idiot. Somebody else is paying it. Hope you lose whatever assets you have accumulated.
The federal government loans money; the federal government later says that money no longer need to be paid back.
How is that not debt forgiveness?
Posted on 4/14/24 at 1:53 pm to Joshjrn
Shes a good student, got over 1300 on the PSAT her soph year, and has a 4+ GPA with all the extracurriculars.
Posted on 4/14/24 at 1:54 pm to stout
Biden didn’t forgive his loans. Good lord how stupid are these people
Posted on 4/14/24 at 1:56 pm to RogerTheShrubber
quote:She should take an LSAT prep course, practice the hell out of the logic games section, and take the LSAT early enough that she gets at least two bites at the apple if she needs it. The difference between a good LSAT score and a great one can mean the difference in tens, or even hundreds, of thousands of dollars in scholarships.
Shes a good student, got over 1300 on the PSAT her soph year, and has a 4+ GPA with all the extracurriculars.
Posted on 4/14/24 at 1:57 pm to Joshjrn
quote:
She should take an LSAT prep course, practice the hell out of the logic games section, and take the LSAT early enough that she gets at least two bites at the apple if she needs it. The difference between a good LSAT score and a great one can mean the difference in tens, or even hundreds, of thousands of dollars in scholarships.
She spends summers here.. Appreciate the info. I'll talk to her.
Posted on 4/14/24 at 2:03 pm to WaydownSouth
quote:
Thanks to the save plan I'll be paying $400 instead of $1000 a month for another 5 years and will qualify for the same. 100k gone if approved.
This is not something to be proud of
Somethings are better left kept to yourself
Posted on 4/14/24 at 2:07 pm to Joshjrn
Because the Feds don't earn any money therefore it was not their money to forgive. Can the feds "forgive" your mortgage?
Posted on 4/14/24 at 2:10 pm to RogerTheShrubber
quote:
She spends summers here.. Appreciate the info. I'll talk to her.
Posted on 4/14/24 at 2:13 pm to csgau
quote:No argument there. However, we’re getting into semantics. If someone says “the government spends $X on Y every year”, no one pulls an akshually the government can’t spend money because…
Because the Feds don't earn any money
People just don’t speak that way.
quote:No, because the feds don’t hold my mortgage. But Chase could forgive my mortgage. And if the feds had lended me the money to begin with and still held the debt, sure, they could forgive it. Anyone saying that wouldn’t be forgiveness is just playing with semantics.
therefore it was not their money to forgive. Can the feds "forgive" your mortgage?
Posted on 4/14/24 at 2:15 pm to stout
I know someone who had 100K in student loans forgiven recently - and she didn't apply/ask.
Posted on 4/14/24 at 2:17 pm to EST
quote:Was it from one of the “fraudulent school” forgiveness rounds? Because for PSLF, you have to certify your employment, otherwise they would have no idea you were eligible.
I know someone who had 100K in student loans forgiven recently - and she didn't apply/ask.
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