Does student loan forgiveness apply for loans taken out next semester?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Nope. If it does, I am taking a few months off of work and taking some art classes while incurring 10k in loans.

You can just reduce your income to below $60K and get pell grants, that’s free money.

gosh, why didn't those who borrowed stupid amounts do the same thing?

[Anonymous]

Googled Pell Grant: Maximum award is $6,895 for 2022-2023.

[Anonymous]

Anonymous wrote:Googled Pell Grant: Maximum award is $6,895 for 2022-2023.

OMG... people in the US are getting FREE HANDOUTS to go to college?

That's almost....$27,000 FREE MONEY they are getting for four years.

How is this fair? Why should I have to pay for poor kids to go to college?

[Anonymous]

Anonymous wrote:If my child graduated last year he would get forgiveness because he would not be a dependent but since he graduated this year and was a dependent last year he won’t.

Correct?

Yes -- assuming your income puts him out of the running, that is correct.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I absolutely hate this forgiveness sh8T.

Same.

But, I think higher ed at public universities should be free, or close to. Like the SUNY system. This way, we don't have to scheme our way around loans and such. It's all BS.

I cannot believe I had to pay back $100K for all this crap.

Even with the 10,000 loan forgiveness, you still would have had to pay back $90,000. So it's not like you missed out on much.

That's a shit ton of student loans to take out, BTW. Was it worth it?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Nope. If it does, I am taking a few months off of work and taking some art classes while incurring 10k in loans.

You can just reduce your income to below $60K and get pell grants, that’s free money.

gosh, why didn't those who borrowed stupid amounts do the same thing?

Because they aren’t pathetic cry babies like you.

[Anonymous]

same question - DC applying this year to a college we cannot afford. Will have to take out a loan.

Maybe think about having DC go to a college that you can afford?