- 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
re: U.S. poised to forgive $108 billion in student debt
Posted on 11/30/16 at 2:40 pm to Wally Sparks
Posted on 11/30/16 at 2:40 pm to Wally Sparks
I'm all for this if they can weed out the folks who rack up $100,000K+ of debt in bullshite majors with a low earnings ceiling
0
Posted on 11/30/16 at 2:44 pm to RLDSC FAN
i literally could lose my shite over this if it turns out deadbeats who just didn't want to work get their debt forgiven.
i'd expect a reimbursement for actually paying off my student loans by actually working and budgeting.
i'd expect a reimbursement for actually paying off my student loans by actually working and budgeting.
Posted on 11/30/16 at 2:45 pm to CorporateTiger
quote:
Because that's a big portion of the forgiveness. Plus IBR and PLSF often go hand in hand.
IDR*
They do go hand in hand, but are not at all the same.
PLSF is forgiveness after 10 years of service/120 monthly payments. (government service)
IDR plans are 20-25 years of monthly payments that are at the lowest, about 10% of your discretionary income. (anybody)
IDR Plans
There are tables showing examples and even in the least paying scenario the original loan amount gets paid back. Some of the plans really are not good for the individual yet after 25 years there still is some balance to be "forgiven". So basically after fricking you for 25 years they say okay, we'll forgive the rest.
This post was edited on 11/30/16 at 2:48 pm
Posted on 11/30/16 at 3:02 pm to AUCE05
quote:
I don't see a problem in investing in education for Americans. We, as a country, will see a higher ROI than spending 20 Billion in the Middle East fighting wars.
Kind of difficult to have an environment conducive to learning when you have ragheads ramming into college crowds, then jumping out of cars slashing with machetes.
Posted on 11/30/16 at 3:19 pm to upgrayedd
quote:If only I could jump right into a 45k a year job right out of high school like my dad and buy a house for that same amount
Nothing like giving millennials even more of a reason to be a smarmy, entitled, worthless group of people
Posted on 11/30/16 at 3:22 pm to xLxSxUxFxAxNx
quote:
i'd expect a reimbursement for actually paying off my student loans by actually working and budgeting.
What's going to be funny is when Millenials get all of their debt forgiven, enter the workforce and then remove the benefit from future generations because they don't want to pay the taxes for it.
Posted on 11/30/16 at 3:26 pm to RLDSC FAN
Buying future elections.
Posted on 11/30/16 at 3:35 pm to xLxSxUxFxAxNx
quote:
i literally could lose my shite over this if it turns out deadbeats who just didn't want to work get their debt forgiven.
And again someone misunderstands what is being discussed.
Posted on 11/30/16 at 3:38 pm to Byron Bojangles III
quote:
If only I could jump right into a 45k a year job right out of high school like my dad and buy a house for that same amount
Your dad fell into the equivalent of a 6 figure/year job right out of high school?
Posted on 11/30/16 at 3:40 pm to AUCE05
quote:
I don't see a problem in investing in education for Americans
I do.
Posted on 11/30/16 at 3:40 pm to upgrayedd
Sure did. More than a few people did in the 80's
Posted on 11/30/16 at 3:42 pm to Byron Bojangles III
quote:
Sure did. More than a few people did in the 80's
If you think the exceptions to the rule are the norm, you're gonna have some major disappointments in life.
This post was edited on 11/30/16 at 3:44 pm
Posted on 11/30/16 at 3:44 pm to upgrayedd
Jokes on you my life is already one giant disappointment
Posted on 11/30/16 at 3:53 pm to Byron Bojangles III
Posted on 11/30/16 at 3:56 pm to RLDSC FAN
I want my fricking money back then that I paid into this fricked up system. That's BS!
Posted on 11/30/16 at 3:58 pm to RLDSC FAN
WTF. A couple months ago, I finished paying my student loan. Took me 20 years. Good gawd, these snow flakes are spoiled and given stuff without working hard for it. 
Posted on 11/30/16 at 4:04 pm to oauron
quote:
The goal of a public university is to educate and develop its populace. It is not and should not be a factory to produce only high income earning jobs after school. it's part of a non-profit service to the people of the state first.
this is pretty much just a college/university bailbout
universities keep the outrageous tuition money, students dont have to repay, and the taxpayers get fricked
very similar to the WS bailout in 2008
Posted on 11/30/16 at 4:39 pm to WildcatMike
Were you ever enrolled in or eligible for IBR or PLSF?
Posted on 11/30/16 at 4:41 pm to RLDSC FAN
This just reminded me to submit my pslf application
Down votes incoming.
Down votes incoming.
Posted on 11/30/16 at 4:51 pm to KarlMalonesFlipPhone
Me too.
Page 12 of 14
Popular
Back to top
Follow TigerDroppings for LSU Football News