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Posted on 3/21/24 at 8:01 am to RoosterCogburn585
Wonder what % of the students getting forgiveness didn't even fricking graduate.
Posted on 3/21/24 at 8:01 am to RoosterCogburn585
quote:
Also, I always thought "fixes" to laws had to go through Congress....
Not always, but, even then, they did.
Posted on 3/21/24 at 8:01 am to RoosterCogburn585
dp
This post was edited on 3/21/24 at 8:02 am
Posted on 3/21/24 at 8:03 am to RoosterCogburn585
quote:
So you are telling me that all $144 billion that he has "forgiven" has been because of this PSLF?
Yes. He’s just taking credit for a program that has been around for 10+ years and the qualifiers just hit the threshold.
Posted on 3/21/24 at 8:03 am to loogaroo
quote:
He’s just taking credit for a program that has been around for 10+ years and the qualifiers just hit the threshold.
Posted on 3/21/24 at 8:04 am to RoosterCogburn585
I don't get the uproar over this. He can claim to be forgiving student loan debt all he wants, but he can't do it unilaterally. It's nothing but the usual blustery hot air the he emit from both ends on a regular basis.
If he can legitimately forgive student loan debt, then I'm gonna run for president on the main plank of forgiving all tax debts owed and unilaterally abolishing the federal income tax.
If he can legitimately forgive student loan debt, then I'm gonna run for president on the main plank of forgiving all tax debts owed and unilaterally abolishing the federal income tax.
Posted on 3/21/24 at 8:04 am to SlowFlowPro
quote:
Nobody is "going against" the USSC.
Yes, "he is".
This post was edited on 3/21/24 at 8:05 am
Posted on 3/21/24 at 8:05 am to i am dan
quote:
Yes, "he is".
How?
Posted on 3/21/24 at 8:06 am to SlowFlowPro
quote:
Nobody is "going against" the USSC.
Pitbull Biden defender
Posted on 3/21/24 at 8:07 am to momentoftruth87
quote:
Pitbull Biden defender
Defender of reality, not Biden
This post was edited on 3/21/24 at 8:08 am
Posted on 3/21/24 at 8:08 am to SlowFlowPro
quote:
Defender of reality, not Biden
Posted on 3/21/24 at 8:09 am to RoosterCogburn585
These types of policies are disproportionately favorable for higher cost of living states, and likewise unfavorable to states that subsidize the tuition of their in state institutions (like LA).
In the age of fairness and equity, people are very quick to look out for themselves, their individual situation, when evaluating policies that ultimately keep the poor states poor.
This simple observation of human nature is why socialism doesn’t work. There is a natural force working against equity, which is essentially the instinct of survival.
In the age of fairness and equity, people are very quick to look out for themselves, their individual situation, when evaluating policies that ultimately keep the poor states poor.
This simple observation of human nature is why socialism doesn’t work. There is a natural force working against equity, which is essentially the instinct of survival.
Posted on 3/21/24 at 8:10 am to OceanMan
quote:
These types of policies are disproportionately favorable for higher cost of living states
Because they're more educated?
Or something else?
Posted on 3/21/24 at 8:11 am to SlowFlowPro
quote:
Someone can correct me on that. I think the first generation actually started to hit their 120 payments at the end of the Trump admin, but there were a bunch of bureaucratic issues and chaos. Hence why
The first eligible borrowers hit the 10-year mark in late 2017, but most had issues getting forgiveness (as SPF's link noted).
I was under PSLF at the time but ended up accelerating payments just to get out of the debt early (it ended up being the same as if I had stayed on).
This post was edited on 3/21/24 at 8:15 am
Posted on 3/21/24 at 8:11 am to Wildcat1996
quote:
WPA
There are bridges in N.O. city park w WPA markings on them.
You're right. At least ppl had to do something for that, and we got some good shite.
Posted on 3/21/24 at 8:13 am to i am dan
quote:
Wonder what % of the students getting forgiveness didn't even fricking graduate.
Probably a small amount, under PSLF those students still had to make 120 payments to become eligible.
Posted on 3/21/24 at 8:14 am to SDVTiger
quote:
Well yeah you are a scumbag
No, he's a populist.
Posted on 3/21/24 at 8:16 am to SlowFlowPro
quote:
Some borrowers, after making 10 years of payments, found out that they didn’t have the right kind of federal student loan, were in the wrong repayment plan, or worked for an employer that didn’t qualify for forgiveness.
The first is understandable, but I'd love to know how someone didn't know that their employer didn't qualify.
Posted on 3/21/24 at 8:17 am to OceanMan
quote:
In the age of populism, people are very quick to look out for themselves, their individual situation, when evaluating policies
FIFY.
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