What is going on with student loans?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone please distill what he did for the interest? Is it true the interest stops/freezes as long as you make payments each month? At 0% or is it 1%?

Congress sets the interest rate, POTUS has no authority over that.

Get Republicans to play ball, if you want to lower the interest rate.

Fake news. No more interest if you make min payments towards current balance.

What you’re discussing there is different from the interest rate percentage, which is set by Congress via law.

That interest rate provision in the Tweet can be dismantled by the next President with the stroke of a pen.

Why can't you just mea culpa and admit you were wrong? Or law information, as Rush used to put it.

[Anonymous]

administration gotta hurry before hee haw judge enjoins this jank

[Anonymous]

Anonymous wrote:administration gotta hurry before hee haw judge enjoins this jank

They are counting in it, as well as forcing the GOP to be the ones to resume payments while giving out rich tax cuts.

[Anonymous]

It will almost certainly be ruled unlawful. But if the forgiveness happened before that, I highly doubt the govt will seek to “claw it back.”

[Anonymous]

Bankole Thompson is a Black columnist at The Detroit News and a talk radio host in Detroit. His column today is sharp, in a Conservative-leaning statewide daily no less, calling for more student debt relief. $10k is not enough, and MLK Jr would agree.

[Anonymous]

I can see another $10,000 in the summer/fall of 2024, just before Uncle Joe's re-election. Another $10,000 to poorest borrowers would only "cost" $100 billion or so.

Allegedly Joe's daughter has $100,000+ in loans from Tulane and Penn?

[Anonymous]

Anonymous wrote:I can see another $10,000 in the summer/fall of 2024, just before Uncle Joe's re-election. Another $10,000 to poorest borrowers would only "cost" $100 billion or so.

Allegedly Joe's daughter has $100,000+ in loans from Tulane and Penn?

This, it's time for Democrats to tell the GOP F you, we are going to take these voters. The Rs have the wealthy elites on lock so only so many major voting demographics left to Ds.

[Anonymous]

Anonymous wrote:I can see another $10,000 in the summer/fall of 2024, just before Uncle Joe's re-election. Another $10,000 to poorest borrowers would only "cost" $100 billion or so.

Allegedly Joe's daughter has $100,000+ in loans from Tulane and Penn?

No need to wait until 2024 if they take the house and senate in November. It's punitive to make the poorest borrowers wait for no good reason. Removing another $10K from their credit report in Feb 2023 instead of late fall 2024 allows millions more Americans to buy a starter home, start a business, and qualify for lower interest non-predatory loans. Biden and Democrats have to unshackle more Americans from this servitude. $10K doesn't delete the interest that's accrued for millions of borrowers.

[Anonymous]

Millennials and Gen Z, tell your Boomer parents their Parent Plus loans are eligible for forgiveness! Apparently they aren't aware.

[Anonymous]

Anonymous wrote:Millennials and Gen Z, tell your Boomer parents their Parent Plus loans are eligible for forgiveness! Apparently they aren't aware.

LOL good point. I guarantee they have no clue.

[Anonymous]

What's going on?

Many thousands of PSLF accounts were forgiven this past Friday. I was one of those, they forgave a balance of $150K.

It is a massive financial and psychological relief for me.

[Anonymous]

Anonymous wrote:Bankole Thompson is a Black columnist at The Detroit News and a talk radio host in Detroit. His column today is sharp, in a Conservative-leaning statewide daily no less, calling for more student debt relief. $10k is not enough, and MLK Jr would agree.

But Biden already said this is it, period.

[Anonymous]

Anonymous wrote:What's going on?

Many thousands of PSLF accounts were forgiven this past Friday. I was one of those, they forgave a balance of $150K.

It is a massive financial and psychological relief for me.

What a relief for you!

[Anonymous]

Anonymous wrote:

Anonymous wrote:What's going on?

Many thousands of PSLF accounts were forgiven this past Friday. I was one of those, they forgave a balance of $150K.

It is a massive financial and psychological relief for me.

What a relief for you!

Thanks. I earned it, because I followed the law signed by George W Bush.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What's going on?

Many thousands of PSLF accounts were forgiven this past Friday. I was one of those, they forgave a balance of $150K.

It is a massive financial and psychological relief for me.

What a relief for you!

Thanks. I earned it, because I followed the law signed by George W Bush.

Yep, incredible that Republicans turned this into a Democratic victory when they started the whole idea of loan forgiveness.