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Biden to cancel $1.2 Billion in student loans

Posted on 2/21/24 at 10:21 am
Posted by 4x4tiger
Louisiana
Member since Feb 2006
2741 posts
Posted on 2/21/24 at 10:21 am
Posted by bayouvette
Raceland
Member since Oct 2005
4706 posts
Posted on 2/21/24 at 10:23 am to
Democracy, authoritarian, dictator, what constitution?
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78287 posts
Posted on 2/21/24 at 10:23 am to
Is it cutting me a check to compensate me for the $500 a month I put away for 20+ years to pay for my children’s college education?
Posted by hogcard1964
Illinois
Member since Jan 2017
10350 posts
Posted on 2/21/24 at 10:26 am to
He can't. It's another election hoax.

Except now everyone is well aware it's illegal and he's full of shart.
Posted by roadGator
Member since Feb 2009
139699 posts
Posted on 2/21/24 at 10:27 am to
I want $10k back that I paid on my wife’s loans.
Posted by Bjorn Cyborg
Member since Sep 2016
26584 posts
Posted on 2/21/24 at 10:28 am to
quote:

“Under President Biden’s leadership, our Administration has now approved loan forgiveness for nearly 3.9 million borrowers, and our historic fight to cancel student debt isn’t over yet.”


How many new borrowers have been created during that time? It's all a shuck n' jive.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45126 posts
Posted on 2/21/24 at 10:29 am to
quote:

those who borrowed $12,000 or less who have been repaying the money for at least 10 years.


lol
Posted by beerJeep
Louisiana
Member since Nov 2016
34922 posts
Posted on 2/21/24 at 10:31 am to
So I can expect a refund for paying cash every semester, right?
Posted by MemphisGuy
Member since Nov 2023
2988 posts
Posted on 2/21/24 at 10:34 am to
quote:

“With today’s announcement, we are once again sending a clear message to borrowers who had low balances: if you’ve been paying for a decade, you’ve done your part, and you deserve relief,”

I mean... if your loan isn't paid off... you aren't quite through doing your part just yet, are you?
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22212 posts
Posted on 2/21/24 at 10:38 am to
Is the debt-forgiveness program geared towards the gullibility of the 20-somethings in hopes of getting their votes? So all those 40-somethings who paid off their debt the old-fashioned way - by their blood, sweat, and tears - are S.O.L. Could it be they're immune from the Biden shell game tricks and see right through the bullshite?
Posted by armtackledawg
Member since Aug 2017
11903 posts
Posted on 2/21/24 at 10:41 am to
quote:

Is it cutting me a check to compensate me for the $500 a month I put away for 20+ years to pay for my children’s college education?


He will at the same time that he does anything to help figure out why college is so expensive and requires people to save $100k to pay for it instead of just forgiving loans and pretending its all ok.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79604 posts
Posted on 2/21/24 at 10:45 am to
quote:

those who borrowed $12,000 or less who have been repaying the money for at least 10 years.


If you haven’t paid 12 grand back in 10 years, you never had any intention to. You’re a deadbeat.
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
5887 posts
Posted on 2/21/24 at 10:46 am to
I'm generally opposed to these measures, but it's a "better" waste of money than shipping munitions to Ukraine.

Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79604 posts
Posted on 2/21/24 at 10:47 am to
quote:

I'm generally opposed to these measures, but it's a "better" waste of money than shipping munitions to Ukraine.


How about neither?
Posted by CleverUserName
Member since Oct 2016
12491 posts
Posted on 2/21/24 at 10:47 am to
quote:

those who borrowed $12,000 or less who have been repaying the money for at least 10 years.


Ladies and gentlemen… the generation that says they will take over government and save the nation.
Posted by Figgy
CenCal
Member since May 2020
7129 posts
Posted on 2/21/24 at 10:48 am to
quote:

The Penn Wharton Budget Model last year calculated that the loan forgiveness based on the Biden administration’s income-driven repayment plan will cost US taxpayers $475 billion over 10 years.


I know that I’m not alone here: frick that guy, his handlers and voters.
Posted by CamdenTiger
Member since Aug 2009
62360 posts
Posted on 2/21/24 at 10:49 am to
Polls must be tanking in that age group
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64044 posts
Posted on 2/21/24 at 10:49 am to
Do I get the 92k I paid back in 3 years?
Posted by DaBike
Member since Jan 2008
8916 posts
Posted on 2/21/24 at 10:49 am to
Just trying to buy votes
Posted by SlickRick55
Member since May 2016
1875 posts
Posted on 2/21/24 at 10:50 am to
Has his administration ever CUT anything ??
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