- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Over $3 Billion in student debt forgiven in 2021, how much did you benefit?
Posted on 7/10/21 at 1:32 pm
Posted on 7/10/21 at 1:32 pm
LINK
Unfortunately, I paid all my debt like an idiot. But I would like to hear some stories about how this debt forgiveness has helped you.
Unfortunately, I paid all my debt like an idiot. But I would like to hear some stories about how this debt forgiveness has helped you.
quote:
Department of Education has now canceled at least $3 billion in student loans since the beginning of the year.
quote:
fresh debt forgiveness is going to students who attended Westwood College, Marinello Schools of Beauty and the Court Reporting Institute, the Education Department announced on Friday.
Eligible borrowers will receive 100% loan discharges, totaling about $55.6 million.
quote:
$500 million in loans taken out by former students of the now-defunct ITT Technical Institute.
quote:
Moves earlier in the year cleared more than $2.3 billion in student debt..... and another $1.3 billion owed by Americans described as totally and permanently disabled.
39
Posted on 7/10/21 at 1:33 pm to Kujo
I paid all of mine off legitimately about 20 years ago.
Posted on 7/10/21 at 1:34 pm to Kujo
quote:
fresh debt forgiveness is going to students who attended Westwood College, Marinello Schools of Beauty and the Court Reporting Institute, the Education Department announced on Friday.
What
Posted on 7/10/21 at 1:35 pm to Kujo
It's a shame we don't ever require the minimal in personal accountability anymore.
Posted on 7/10/21 at 1:35 pm to Kujo
If you are working and paying taxes, at this point, you are just a fricking idiot.
I totally include myself in that.
I totally include myself in that.
Posted on 7/10/21 at 1:36 pm to Kujo
This would have been useful information about 25 years ago.
Posted on 7/10/21 at 1:43 pm to kywildcatfanone
quote:People aren't responsible for paying back money they took. Yet... white people are somehow responsible for reparations for slavery that ended 150 years ago.
It's a shame we don't ever require the minimal in personal accountability anymore.
Posted on 7/10/21 at 1:44 pm to Kujo
I didn’t get my PhD partly because I didn’t want student loan debt. Wanted to make a better financial decision.
frick the government.
frick the government.
Posted on 7/10/21 at 1:44 pm to Kujo
As of 3 minutes ago, I still owe about $46k. Right on par with what I’ve paid down. I want my gubment handout, dammit!
Posted on 7/10/21 at 1:55 pm to Kujo
0
Posted on 7/10/21 at 1:55 pm to Kujo
A beauty schools gets its debt relieved, but LSU health sciences can’t…
Hospitals have issues finding nurses to work, you never have an issue finding a person to cut your hair.
Hospitals have issues finding nurses to work, you never have an issue finding a person to cut your hair.
Posted on 7/10/21 at 1:57 pm to Kujo
The only people who benefited from this round are those who went to “scam” schools and were deemed “defrauded”. $3B sounds like a lot, but it’s barely a drop in the bucket re: student loans debt in this country.
Posted on 7/10/21 at 1:57 pm to Kujo
0
I worked 2 jobs from 2012 to 2018 to pay off all my debt. I think student loans are a sham and the federal government needs to get out from them to put downward pressure on tuition prices, but if I could pay them back through hard work, so can everyone else.
I worked 2 jobs from 2012 to 2018 to pay off all my debt. I think student loans are a sham and the federal government needs to get out from them to put downward pressure on tuition prices, but if I could pay them back through hard work, so can everyone else.
Posted on 7/10/21 at 2:02 pm to Kujo
How are they just picking and choosing? That just makes a bunch of bullshite even bullshittier.
Posted on 7/10/21 at 2:05 pm to Kujo
There's gonna be a huge push for forgiveness before the loan payment freeze ends in a few months.
Posted on 7/10/21 at 2:06 pm to GetCocky11
quote:
There's gonna be a huge push for forgiveness before the loan payment freeze ends in a few months.
More of a poliboard item, but will likely be a push around 2022 midterm elections
Posted on 7/10/21 at 2:08 pm to GetCocky11
quote:
There's gonna be a huge push for forgiveness before the loan payment freeze ends in a few months.
I just don’t see Congress working that fast. It’s set to expire October 1. I think it’s more likely we see another extension, maybe to Jan 1, and they try to get something done by then.
Posted on 7/10/21 at 2:09 pm to Joshjrn
quote:
just don’t see Congress working that fast. It’s set to expire October 1. I
Biden can do it unilaterally is my understanding.
Posted on 7/10/21 at 2:12 pm to GetCocky11
quote:
Biden can do it unilaterally is my understanding.
Ahhhhhh, the result of a country that has devolved into a revolving soft dictatorship via the Executive Order. The EO may be the worst thing to happen to this country since the failure to implement term limits on members of Congress.
Posted on 7/10/21 at 2:12 pm to GetCocky11
quote:
Biden can do it unilaterally is my understanding.
In theory, yes. But Biden has already said that he has no appetite for unilateral forgiveness of more than $10k, at least by EO. He would expect Congress to step in behind that.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News