Trump will rollback student loan forgiveness

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

Is this a joke? I didn’t graduate all that long ago and worked through school. Stop making excuses. Pay your loans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

You are free to go to community college for two years and then switch to an in state satellite campus program so that you can earn your degree while living home and saving money.

But nah, you feel like you're absolutely entitled to going to some ritzy private school and that you MUST have the 'college experience' where you're selling out $50k per year for room and board.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think the thing that needs forgiven in terms of student loans is the interest.

It took me 8-10 years of working after graduation to be in a good financial place to make payments on mine that were more than the minimum monthly payment. I borrowed $27k over 4 years, so relatively low compared to many I know, but when all was said and done, I paid back $46k.

My sister has paid back her original student loan amount of $40k but still owes like $39k because of Interest.

Most people I know aren't averse to paying back what they borrowed. It's the interest that is crippling to them.

One of the few rational responses in this thread of bilge.

I don’t find it rational at all. Why should we forgive her interest and not that for someone’s mortgage or loan for healthcare expenses or a parent’s elder care? It’s all the responsibility of the person who signed the loan. It’s not the taxpayer’s.

Exactly. My cousins had to take out a reverse mortgage on their elderly parent's home to pay for elder care not covered by any insursnce. Why should we forgive student loan interest when other people need to take out loans for healthcare services that are a matter of life and death?

They could go on Medicaid and live in a nursing home. They should have saved money. Also growing that old is optional.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

Is this a joke? I didn’t graduate all that long ago and worked through school. Stop making excuses. Pay your loans.

In a decade she’ll have a rich spouse. The powerful always like the mental midgets who major in education.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think the thing that needs forgiven in terms of student loans is the interest.

It took me 8-10 years of working after graduation to be in a good financial place to make payments on mine that were more than the minimum monthly payment. I borrowed $27k over 4 years, so relatively low compared to many I know, but when all was said and done, I paid back $46k.

My sister has paid back her original student loan amount of $40k but still owes like $39k because of Interest.

Most people I know aren't averse to paying back what they borrowed. It's the interest that is crippling to them.

One of the few rational responses in this thread of bilge.

I don’t find it rational at all. Why should we forgive her interest and not that for someone’s mortgage or loan for healthcare expenses or a parent’s elder care? It’s all the responsibility of the person who signed the loan. It’s not the taxpayer’s.

Exactly. My cousins had to take out a reverse mortgage on their elderly parent's home to pay for elder care not covered by any insursnce. Why should we forgive student loan interest when other people need to take out loans for healthcare services that are a matter of life and death?

They could go on Medicaid and live in a nursing home. They should have saved money. Also growing that old is optional.

You should have saved for college.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

You are free to go to community college for two years and then switch to an in state satellite campus program so that you can earn your degree while living home and saving money.

But nah, you feel like you're absolutely entitled to going to some ritzy private school and that you MUST have the 'college experience' where you're selling out $50k per year for room and board.

Dp- to be fair I went to an instate school and had the full “college experience “ for 8k a year in the 90’s.
Can we talk about the inflation of a four year degree?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

You are free to go to community college for two years and then switch to an in state satellite campus program so that you can earn your degree while living home and saving money.

But nah, you feel like you're absolutely entitled to going to some ritzy private school and that you MUST have the 'college experience' where you're selling out $50k per year for room and board.

True we know somebody is that upper, upper middle class and guarantee transferred from a VCCS school to UVA because they were hyperfocused on extracurriculars (national team member level) during and after high school. For many, this is a great pathway, although it does lead one to consider whether the 3.4 GPA "guarantee" for all VCCS grads to UVA should make that school worse in USNWR rankings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

If by “we,” you mean your wealthy husband.

It’s hilarious you think you know people off the internet. No.

Ha! It’s easy to “know” certain DCUM posters. There are definite types.

[Anonymous]

Hope he does, an also gets rid of the federal government backing student loans.

[Anonymous]

If any loans are forgiven, the money should be taken out of whatever funding or research contract money the government gives to the school that was paid the money. If the government has no payment to said institution then it comes out of their endowment. If the institution refuses then it is blacklisted off from any government backed loan in the future.

This money needs to be clawed back from gouging big education and the institutions need to massively downsize their budgets into something realistic .

[Anonymous]

Fine. We will just double or triple taxes on the under-40 contingent. Those who want this aberration.

[Anonymous]

Look at all the MAGAs. So offended by “elitists” but cheering on corporate interests and greed that prevent people from going to college and climbing up the economic ladder.

You’d think they’d cheer forgiveness of these predatory loans, steps to decrease costs, and other things to benefit regular people. Instead they’re gloating that Trump is rolling backs programs to help them. What a bunch of dumb fuxxs.

[Anonymous]

Anonymous wrote:Look at all the MAGAs. So offended by “elitists” but cheering on corporate interests and greed that prevent people from going to college and climbing up the economic ladder.

You’d think they’d cheer forgiveness of these predatory loans, steps to decrease costs, and other things to benefit regular people. Instead they’re gloating that Trump is rolling backs programs to help them. What a bunch of dumb fuxxs.

Anything that does or might make someone else miserable is the MAGA way. It’s all just hatred and cruelty.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

You sound like my uncle who bought his (now valued at) $1.2mil house in 1989 for $276k.

He went to Harvard in 1968 when tuition was under $2500/year. It is now ~$80k/year to attend Harvard as an undergrad.

When did you graduate college?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like he's dead set on rolling this back and rolling it bak quickly: https://www.politico.com/news/2024/11/26/trump-rollback-biden-student-debt-relief-00189841

good

She says, from the perch of her overpriced urban farmhouse in N. Arlington that her formerly poor, nerdy grad student husband who she had the brilliant foresight to see potential in paid for with his seven-figure “sales” job.

We paid back our loans. You can too.

Sure, back when college was nowhere near as expensive.

It's damned if you do, damned if you don't situation. Employers want an undergraduate degree for admins these days, so you HAVE to get at least a BA/BS. Kids are graduating with $100K or more in debt thanks to predatory loans.

We're fortunate enough to be able to pay our daughter's tuition without having to get a loan. She's an Education major, so she won't make enough money in her chosen field (at least in the first decade or so) to be able to afford her own apartment or car - THAT's the problem.

You are free to go to community college for two years and then switch to an in state satellite campus program so that you can earn your degree while living home and saving money.

But nah, you feel like you're absolutely entitled to going to some ritzy private school and that you MUST have the 'college experience' where you're selling out $50k per year for room and board.

majority of people with loans ae going to community colleges and state schools. It;s a total myth that people are g going to ritzy schools for stupid degrees.