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Started By
Message
re: Blue Collar Joe cancels 6.1b student loans for Art Majors..
Posted on 5/1/24 at 12:52 pm to cajuntiger1010
Posted on 5/1/24 at 12:52 pm to cajuntiger1010
So what exactly does it mean that the loans are "forgiven?"
Did the lending institutions say that the loans do not need to be paid back?
Or will someone else now be paying back these loans?
Did the lending institutions say that the loans do not need to be paid back?
Or will someone else now be paying back these loans?
4
Posted on 5/1/24 at 1:00 pm to L.A.
quote:
Did the lending institutions say that the loans do not need to be paid back?
the us government owns the debt.
there are private loans that banks own, but all federal student debt is owned by uncle sam.
Posted on 5/1/24 at 1:13 pm to L.A.
quote:It means we're paying them off.
So what exactly does it mean that the loans are "forgiven?"
ETA: What I said is 100% true, but some deadbeat frickass downvoted.
This post was edited on 5/1/24 at 6:51 pm
Posted on 5/1/24 at 1:14 pm to L.A.
quote:
Or will someone else now be paying back these loans?
Three guesses, and the first two don't count....
Can you say "TaxPAYERS??
Posted on 5/1/24 at 1:52 pm to L.A.
quote:
So what exactly does it mean that the loans are "forgiven?"
Did the lending institutions say that the loans do not need to be paid back?
Or will someone else now be paying back these loans?
For every credit there must be a debit...
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