Trump will rollback student loan forgiveness

Anonymous
Anonymous wrote:This is good for helping stop inflation and restoring the value of the dollar. Cutting off 100 percent of benefits to illegals including schooling, free hospital care (make them pay or go to prison and then expelled after hospital release), food credits, shelter, payments of any kind.

Stop the handouts and inflation drops quickly. We need de-flation to reset to 2021 prices .

Sorry, the courts say that all children, regardless of status are allowed an education, and hospitals must treat indigents in emergency situations. There's nothing Trump and his administration can do about those two things.
Anonymous
Anonymous wrote:I’m left of center but I find this loan forgiveness stuff baffling.


It was a huge windfall for Millennials and GenZ but apparently that kind of giveaway doesn't translate into votes.
Anonymous
Anonymous wrote:I’m left of center but I find this loan forgiveness stuff baffling.


Why? Do you know how predatory the loans are? And how much corporate gouging goes on with them?

And who are you people to judge what is a good enough major or forked for loans?

You people make me sick. So bent out of shape over a little check on greed when people are trying to better their situation. But do t blink an eye over corporate welfare, farm subsidies, bankruptcy for everything else allowed except student loans? Gtfoh.
Anonymous
It’s the schools fault

Cut off loans

It will force them to drastically lower prices
Anonymous
Anonymous wrote:John Oliver is no longer credible. Sorry.


+1
He's a manic psycho who needs to just shut up.
Anonymous
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
.

The only people in favor of student loan forgiveness are the people who have the loans. I would be in favor of 100% loan forgiveness to teachers and medical professionals with the proviso that they must teach for ten years and medical professionals must practice in rural areas desperately in need of medical help for ten years.


They already have this already. They didn't even have to work the ten years, because COVID postponements counted towards their months of service.
Anonymous
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
.

The only people in favor of student loan forgiveness are the people who have the loans. I would be in favor of 100% loan forgiveness to teachers and medical professionals with the proviso that they must teach for ten years and medical professionals must practice in rural areas desperately in need of medical help for ten years.


They already have this already. They didn't even have to work the ten years, because COVID postponements counted towards their months of service.



Contempt

One of the main things that I hear from my fellow tradesmen is how the elite and white-collar professional class don't care about or respect the blue collar working class. This disrespect comes out in many ways, big and small. But you can hear it a lot in the political rhetoric coming out of the progressive side these days. It was there in the COVID conversation, how work-from-home white collar folks pushed for endless lockdowns and vaccine mandates, to be imposed on the working class whose labor they relied on to stay home. It's there in the way they talk about a universal basic income instead of high-paying trade jobs, and in the way they push for low-wage green jobs instead of union energy jobs.

But you can really see it in how they talk about college. Take the latest issue that progressives are pushing the Biden administration on—student loan cancelation. They want us taxpayers to pay off the student loans of the college educated, who on average make more money than those without a degree, and for whom the economy recovered almost immediately post-COVID. Then they have the audacity to tell us that it will help blue collar workers. They want us to enthusiastically agree to pay off their student loan debt, and then have the nerve to tell us it's in our interest as Americans.

That's what I mean about disrespect. And it pervades the entire conversation about college in America today.

https://www.newsweek.com/divide-isnt-right-v-left-its-us-blue-collar-workers-fighting-elite-contempt-opinion-1706053
Anonymous
Anonymous wrote:
Anonymous wrote:Ideally school loans would be without interest.
Instead borrowers would be required to 1 year per $10,000 borrowed in an underserved area. or for an organization.

Similiar to how organizations will pay tuition for employees who agree to work x amount of time for company.

Loans should be limited to certain fields, education, health care, STEAM.



End for-profit schools.
End needing a Bachelor's for every job.

A medical Assistant doesn't need a college degree. Return to teaching trades in high school. Every high school student should graduate with an entry-level career.


Maybe put a cap on how much can be borrowed.

Definitely cap tuition expenses.


There are a lot of policy discussions we could be having on how to make higher education possible for all Americans. Unfortunately, it’s been turned into grievance football. Just like everything else Trump touches.


Biden made student loans forgiveness a “grievance football” for many non Trump supporters including me and my DH who deferred a good deal of what our friends had do that we could rapidly pay back loans. People who bought houses five years before we did had loans forgiven
We are the suckers.
Anonymous
Anonymous wrote:
Anonymous wrote:I’m left of center but I find this loan forgiveness stuff baffling.


Why? Do you know how predatory the loans are? And how much corporate gouging goes on with them?

And who are you people to judge what is a good enough major or forked for loans?

You people make me sick. So bent out of shape over a little check on greed when people are trying to better their situation. But do t blink an eye over corporate welfare, farm subsidies, bankruptcy for everything else allowed except student loans? Gtfoh.


Hopefully, you will be able to better your situation. Otherwise, you will remain a miserable sod.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Ideally school loans would be without interest.
Instead borrowers would be required to 1 year per $10,000 borrowed in an underserved area. or for an organization.

Similiar to how organizations will pay tuition for employees who agree to work x amount of time for company.

Loans should be limited to certain fields, education, health care, STEAM.



End for-profit schools.
End needing a Bachelor's for every job.

A medical Assistant doesn't need a college degree. Return to teaching trades in high school. Every high school student should graduate with an entry-level career.


Maybe put a cap on how much can be borrowed.

Definitely cap tuition expenses.


There are a lot of policy discussions we could be having on how to make higher education possible for all Americans. Unfortunately, it’s been turned into grievance football. Just like everything else Trump touches.


Biden made student loans forgiveness a “grievance football” for many non Trump supporters including me and my DH who deferred a good deal of what our friends had do that we could rapidly pay back loans. People who bought houses five years before we did had loans forgiven
We are the suckers.


I refused to vote for Harris for this exact reason. I like in PA now.
Anonymous
Anonymous wrote:States need to get their act together. No 17 year old is responsible for their family's financial situation. It is in everyone's interest that we have a well-educated population. And college needs to be accessible to every bright person - including 17 year olds from struggling families. High interest student and parent loans are an extraordinary burden on people. States need to have loan-free options for the smart kids.

That being said, taxpayers should not be on the hook for morons - the people taking out loans for a sociology degree at NYU or Pepperdine or Haverford and so on. And definitely not for the for-profit schools. Loan forgiveness for Georgia Tech is one thing; but loan forgiveness for Trump University or Bennington is a different matter. Focus on the public schools and make them affordable for every family with a bright kid. But there is no popular support for covering the loans of students that chose expensive private colleges or for-profit institutions. You can't ask people to pay for dumbass decisions.

This. +1

Stop student loan forgiveness. Focus government resources on making public colleges and universities more affordable.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Ideally school loans would be without interest.
Instead borrowers would be required to 1 year per $10,000 borrowed in an underserved area. or for an organization.

Similiar to how organizations will pay tuition for employees who agree to work x amount of time for company.

Loans should be limited to certain fields, education, health care, STEAM.



End for-profit schools.
End needing a Bachelor's for every job.

A medical Assistant doesn't need a college degree. Return to teaching trades in high school. Every high school student should graduate with an entry-level career.


Maybe put a cap on how much can be borrowed.

Definitely cap tuition expenses.


There are a lot of policy discussions we could be having on how to make higher education possible for all Americans. Unfortunately, it’s been turned into grievance football. Just like everything else Trump touches.


Biden made student loans forgiveness a “grievance football” for many non Trump supporters including me and my DH who deferred a good deal of what our friends had do that we could rapidly pay back loans. People who bought houses five years before we did had loans forgiven
We are the suckers.


The only people who actually received student loan forgiveness were those in PSLF or who had paid for more than 20/25 years. These people were supposed to be forgiven according to the terms of their promissory notes and the bipartisan education law signed by GWB.

All other efforts by Biden to forgive students loans were not enacted.

You’re a sucker because you didn’t understand the law? No, that just makes you ignorant of your options. That’s like paying extra taxes when a CPA could help you legally minimize your tax burden.
Anonymous
Anonymous wrote:States need to get their act together. No 17 year old is responsible for their family's financial situation. It is in everyone's interest that we have a well-educated population. And college needs to be accessible to every bright person - including 17 year olds from struggling families. High interest student and parent loans are an extraordinary burden on people. States need to have loan-free options for the smart kids.

That being said, taxpayers should not be on the hook for morons - the people taking out loans for a sociology degree at NYU or Pepperdine or Haverford and so on. And definitely not for the for-profit schools. Loan forgiveness for Georgia Tech is one thing; but loan forgiveness for Trump University or Bennington is a different matter. Focus on the public schools and make them affordable for every family with a bright kid. But there is no popular support for covering the loans of students that chose expensive private colleges or for-profit institutions. You can't ask people to pay for dumbass decisions.


+10000 except you forgot to add rhe ridiculous masters degrees nobody should be paying anything for. and that we shouldn’t be making loans for overpriced degrees in the first place.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Ideally school loans would be without interest.
Instead borrowers would be required to 1 year per $10,000 borrowed in an underserved area. or for an organization.

Similiar to how organizations will pay tuition for employees who agree to work x amount of time for company.

Loans should be limited to certain fields, education, health care, STEAM.



End for-profit schools.
End needing a Bachelor's for every job.

A medical Assistant doesn't need a college degree. Return to teaching trades in high school. Every high school student should graduate with an entry-level career.


Maybe put a cap on how much can be borrowed.

Definitely cap tuition expenses.


There are a lot of policy discussions we could be having on how to make higher education possible for all Americans. Unfortunately, it’s been turned into grievance football. Just like everything else Trump touches.


Biden made student loans forgiveness a “grievance football” for many non Trump supporters including me and my DH who deferred a good deal of what our friends had do that we could rapidly pay back loans. People who bought houses five years before we did had loans forgiven
We are the suckers.


The only people who actually received student loan forgiveness were those in PSLF or who had paid for more than 20/25 years. These people were supposed to be forgiven according to the terms of their promissory notes and the bipartisan education law signed by GWB.

All other efforts by Biden to forgive students loans were not enacted.

You’re a sucker because you didn’t understand the law? No, that just makes you ignorant of your options. That’s like paying extra taxes when a CPA could help you legally minimize your tax burden.

No, those of us who have been paying for 25 years are still paying. The a$$hat MAGA suckup Missouri AG filed suit in a MAGA court, and now it’s blocked. And now with Drumpf, it will never happen. It seems illegal to continue to make us pay. I have more than paid back the amount of my loan plus tons of interest.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Ideally school loans would be without interest.
Instead borrowers would be required to 1 year per $10,000 borrowed in an underserved area. or for an organization.

Similiar to how organizations will pay tuition for employees who agree to work x amount of time for company.

Loans should be limited to certain fields, education, health care, STEAM.



End for-profit schools.
End needing a Bachelor's for every job.

A medical Assistant doesn't need a college degree. Return to teaching trades in high school. Every high school student should graduate with an entry-level career.


Maybe put a cap on how much can be borrowed.

Definitely cap tuition expenses.


There are a lot of policy discussions we could be having on how to make higher education possible for all Americans. Unfortunately, it’s been turned into grievance football. Just like everything else Trump touches.


Biden made student loans forgiveness a “grievance football” for many non Trump supporters including me and my DH who deferred a good deal of what our friends had do that we could rapidly pay back loans. People who bought houses five years before we did had loans forgiven
We are the suckers.


The only people who actually received student loan forgiveness were those in PSLF or who had paid for more than 20/25 years. These people were supposed to be forgiven according to the terms of their promissory notes and the bipartisan education law signed by GWB.

All other efforts by Biden to forgive students loans were not enacted.

You’re a sucker because you didn’t understand the law? No, that just makes you ignorant of your options. That’s like paying extra taxes when a CPA could help you legally minimize your tax burden.


This is one of the few accurate posts on this train-wreck of a thread.
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