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re: VP Harris: "Your loans will be completely forgiven regardless of income"
Posted on 4/8/24 at 6:58 pm to Wishnitwas1998
Posted on 4/8/24 at 6:58 pm to Wishnitwas1998
quote:
I'm not gonna pretend to know the details of it but seems to me if federal law passed by congress enabled them to be forgiven then they'd be forgiven without any additional action taken by the current admin
There are a lot of different mechanics they could try to use so it’s hard to know much when there’s just a campaign video for details.
Honestly, if they went the route of long term tax rebates they would have a good chance of getting it to stick. There’s a pretty solid history of those standing. Especially if it’s capped at something reasonable so it doesn’t have huge budget impacts.
2
Posted on 4/8/24 at 7:01 pm to MrLSU
quote:
VP Harris: "Your loans will be completely forgiven regardless of income"
Typical dem platform. Let's hand out free shite so the responsible people can foot the bill for everybody.
Posted on 4/8/24 at 7:02 pm to billjamin
One of the stupidest people on the planet spending money we don't have on shite people agreed to pay back
Posted on 4/8/24 at 7:02 pm to billjamin
quote:
There are a lot of different mechanics they could try to use so it’s hard to know much when there’s just a campaign video for details.
Honestly, if they went the route of long term tax rebates they would have a good chance of getting it to stick. There’s a pretty solid history of those standing. Especially if it’s capped at something reasonable so it doesn’t have huge budget impacts.
There are methods that they could use through the Dept of Education and they know fully well but will work and what won't. The executive order was just a political stunt since even hardcore dems knew that it wouldn't make it through the Supreme Court but it worked for them since they could blame the MAGA court for keeping them from forgiving the loans.
Posted on 4/8/24 at 7:13 pm to MrLSU
Just imagine how much colleges are going to be able to charge now when people don’t think they will ever have to repay them
The government getting involved in the loans is what created this bubble in the first place. A serious bank or institution wouldn’t lend 300k to some shitbrain for a liberal arts degree when they know they will just end up a barista. Only the government would make those loans.
The government getting involved in the loans is what created this bubble in the first place. A serious bank or institution wouldn’t lend 300k to some shitbrain for a liberal arts degree when they know they will just end up a barista. Only the government would make those loans.
Posted on 4/8/24 at 7:21 pm to MrLSU
They promised this before and couldn’t deliver. Just trying to buy votes again. Any successful cancellations so far only includes those whom fit into a specific category. The average person isn’t gonna qualify.
Posted on 4/8/24 at 7:24 pm to MrLSU
This is absolutely out of control. They are doing anything to win. I'm surprised they don't just pull their junk out and flash it to everyone swinging it around and do a porno.
This should be illegal. Why don't the tax payers have any say as to where our fricking money goes. Its going to foreign countries and monkey sex experiments. I've about had it with these disgusting dirty democrats. And the Republicans aren't that much better. These people need to get the frick on.
If you cannot see through the blantant bullshite that these demons do while in power, you don't deserve to have a say on shite. These people are fricking monsters. Our country is arse backwards and getting worse, as if that's possible. I refuse to give it up like half the diseased minds in this country have. So much needs to change. Our country is being destroyed from the inside out.
This should be illegal. Why don't the tax payers have any say as to where our fricking money goes. Its going to foreign countries and monkey sex experiments. I've about had it with these disgusting dirty democrats. And the Republicans aren't that much better. These people need to get the frick on.
If you cannot see through the blantant bullshite that these demons do while in power, you don't deserve to have a say on shite. These people are fricking monsters. Our country is arse backwards and getting worse, as if that's possible. I refuse to give it up like half the diseased minds in this country have. So much needs to change. Our country is being destroyed from the inside out.
Posted on 4/8/24 at 7:49 pm to Knuckle Checker
quote:
Just imagine how much colleges are going to be able to charge now when people don’t think they will ever have to repay them
That's what nobody is talking about. How does this address the root problem? It's just kicking an even worse can down the road. And what happens to all of the future college students who are going to see these inflationary college costs balloon even more? Oh, well, screw 'em because they aren't old enough to vote this November anyway. I hope their parents are taking notes.
Posted on 4/8/24 at 7:58 pm to MrLSU
quote:
Even if you didn't graduate
Anyone who voted for this needs a kick in the arse
Posted on 4/8/24 at 8:10 pm to MrLSU
quote:
VP Harris: "Your loans will be completely forgiven regardless of income"
Are there no election laws in this country?? How vote buying votes this doesn't have penalties makes us a joke.
Posted on 4/8/24 at 8:32 pm to Rza32
quote:Based on what I've read this is more of the same, it's all smoke and mirrors. They're using programs already on the books and calling it loan forgiveness for headlines.
They promised this before and couldn’t deliver. Just trying to buy votes again. Any successful cancellations so far only includes those whom fit into a specific category. The average person isn’t gonna qualify.
Posted on 4/8/24 at 8:34 pm to MrLSU
Pizza for lunch every Friday and no homework ever!!!
Posted on 4/8/24 at 8:35 pm to MrLSU
And he knows he can't do that, the Supreme Court has already said so. It's just a headliner to try and sway the young folk.
Posted on 4/8/24 at 8:40 pm to MrLSU
Darn, I'm about to pay mine off this week. Maybe I should wait around a while longer so the government can do it for me instead.
Posted on 4/8/24 at 8:47 pm to MrLSU
quote:
This means my Beauty School tuition will be forgiven even though I dropped out.
Beauty school dropout? Did you go back to high school?
Posted on 4/8/24 at 9:30 pm to MrLSU
Current plan is have to have made 120 payments. If you’ve made that many payments you’ve definitely paid back your balance. Seems like these new actions aren’t that scandalous either. Just all hype.
Student loans aren’t longer than 10yrs, are they?
I think if they are forgiven you have to pay taxes on them.
Student loans aren’t longer than 10yrs, are they?
I think if they are forgiven you have to pay taxes on them.
Posted on 4/8/24 at 9:34 pm to MrLSU
Another segment of the population to buy last minute votes.
Posted on 4/8/24 at 9:40 pm to BayouNation
and I still cant get healthcare,, well I have it just cant use it
our Govt at work
our Govt at work
Posted on 4/8/24 at 9:42 pm to MrLSU
After my tax bill I had to pay, will be paying bare arse minimum for student loans until I qualify for PSLF
Posted on 4/8/24 at 9:52 pm to MrLSU
Can they hurry up.
Paid about 200k of wife so far.
She still has 70k left
Paid about 200k of wife so far.
She still has 70k left
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