Although it’s an end run around the SCOTUS ruling, “ Under Biden's plan, those making less than $125,000 a year would have gotten $10,000 relief while Pell Grant recipients would have gotten $20,000 wiped.”
I would think that any Dr or Lawyer would be making more than $125k/year after 20-25 years of paying student loan debt. It’s a meaningless gesture meant only for political brownie points!
LOL $20k wiped wouldn't make a dent in my debt, thanks to capitalization of interest.
You don't get to pay back what you borrowed. You don't get to pay back what you borrowed plus a reasonable, understandable amount of interest.
Instead, they periodically take the interest, add it to your loan, and PRETEND IT IS PRINCIPAL. I am not making this up. This way they accelerate the deepening of the debt, and continue forever to charge ever-increasing amounts of interest on interest...on interest on interest...without end.
They put a 25-year time limit on the scheme, after which they're supposed to drop it...and then when that time elapses, they keep billing. Thanks, Uncle Government!
At least the debt stops when you die. So there is that to look forward to. For now, anyway. I expect Congress will find a way to fix that before too long. :p
Just gonna piss off those who didn’t get anything most loans have a 20 year payoff so most of those people are already almost done paying. It’s still bullshit but I hope it backfires and he has a an eternity to understand his evil ways
The whole system is corrupt. The feds guarantee the loan. The cost of an average college education goes from $15,00 to $150,000. Now they want the taxpayer to foot the bill for their greed. Something smells fishy.
Biden died in 2019 and BO is the shadow puppet master. The mask wearing damp sock puppet "biden" is "Creative Artists Agency" role for multiple people. White hat puppet. Seeing just how gullible and brainwashed the sheep are.....and damn it is sad.
Charge Biden with contempt of court for ignoring the ruling.
He's not ignoring the ruling though. It was a ruling on how the HEROES act could be used, not a general ruling on whether debt could be forgiven ever.
No, just take the "forgiven" money out of the Biden family fortune.
So, only doctors and lawyers?
Although it’s an end run around the SCOTUS ruling, “ Under Biden's plan, those making less than $125,000 a year would have gotten $10,000 relief while Pell Grant recipients would have gotten $20,000 wiped.”
I would think that any Dr or Lawyer would be making more than $125k/year after 20-25 years of paying student loan debt. It’s a meaningless gesture meant only for political brownie points!
LOL $20k wiped wouldn't make a dent in my debt, thanks to capitalization of interest.
You don't get to pay back what you borrowed. You don't get to pay back what you borrowed plus a reasonable, understandable amount of interest.
Instead, they periodically take the interest, add it to your loan, and PRETEND IT IS PRINCIPAL. I am not making this up. This way they accelerate the deepening of the debt, and continue forever to charge ever-increasing amounts of interest on interest...on interest on interest...without end.
They put a 25-year time limit on the scheme, after which they're supposed to drop it...and then when that time elapses, they keep billing. Thanks, Uncle Government!
At least the debt stops when you die. So there is that to look forward to. For now, anyway. I expect Congress will find a way to fix that before too long. :p
Distraction from the fact that buydin is sending troops to die
Even if they haven’t been paying…..
That's not true actually, it's based on how much you paid not how much you owe
I believe they intend to give credit for months even when you paid zero or were in forbearance.
Just gonna piss off those who didn’t get anything most loans have a 20 year payoff so most of those people are already almost done paying. It’s still bullshit but I hope it backfires and he has a an eternity to understand his evil ways
I thought Trump was going to be the dictator. Guess not. It's Biden.
Then I want MY loans, which I paid off on my own, paid back.
The system is rigged. And the people who make the system are rigging it for themselves.
The whole system is corrupt. The feds guarantee the loan. The cost of an average college education goes from $15,00 to $150,000. Now they want the taxpayer to foot the bill for their greed. Something smells fishy.
Does this mean Kari Lake can "work around" the pedophile judgements?
So... that don't know how to manage their finances accordingly...
Biden died in 2019 and BO is the shadow puppet master. The mask wearing damp sock puppet "biden" is "Creative Artists Agency" role for multiple people. White hat puppet. Seeing just how gullible and brainwashed the sheep are.....and damn it is sad.