What is going on with student loans?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Much of the problem is student loan servicers. They’re the biggest liars. I have been a government employee for 3 years. My employer was paying my loan before the pandemic. My loan servicing company just informed me that I get no credit for their 3 years of payments because I wasn’t in the proper payback category. Like WTF?!

Loan servicing is a for-profit business that makes money by screwing with borrowers.

They took the money but aren't crediting you for it? Report them for FRAUD and theft of government funds.

To whom do I complain?!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why hasn’t Biden just modified his order to exclude anyone living in the 6 states that are suing. It will completely resolve the injury they allege.

Because then the same six a-hole states would sue because they are being treated differently. They will look for any excuse whatsoever to sue the Biden administration because they care more about scoring political points than they do about helping people.

I am thrilled they have filed this suit.
It is not fair to tax payers all over the country to have to foot the bills for those who chose to take a loan that they now want somebody else to pay.

Either way there is still forgiveness. There are a few programs that provide forgiveness after so many years. This is just a one time automatic forgiveness due to the pandemic.

[Anonymous]

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

And all of that cost far less relative to the salary your could make working part time than it would for a student attempting to do the same now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OMG, are we back to considering loan forgiveness ? !

Hey, let's start a train to have home mortgages forgiven!

Cut us a break!
We deserve it!
America has been cruel to us!
America needs to make life easier for us because we're snowflakes!

How else can we afford to buy Starbucks lattes, for pity's sakes?

SCOTUS is hearing the case today. Hopefully, they will do what is right and render a unanimous decision that this move by Biden is unconstitutional.

+1 I don’t agree with much/anything decided by this case, but hope this is a unanimous ruling against Biden.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

Well public college costs have more than tripled since you went to college. The idea that there are lots of free college options out there is pure fantasy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Or we grew up at a time when the in-state college or university was fine because we knew we’d eventually have to pay it back.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Or we grew up at a time when the in-state college or university was fine because we knew we’d eventually have to pay it back.

And have not checked to see that public college tuition inflation has been running double the rate of inflation for the last 30 plus years....

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

Did you take out loans for plane tix and dorm sheets?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

Well public college costs have more than tripled since you went to college. The idea that there are lots of free college options out there is pure fantasy.

Yes my point is there has never been free college. Free is an illusion that helps rich people be ok with opportunity hoarding.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Can someone explain this to me: there are plenty of less expensive in-state schools and community colleges available in US. There are plenty of free college options available if you have financial need or have great grades. If these people chose to go to more expensive or private schools, I am fine with that. But should we apply the same approach to the people who chose private schools for their school age kids when the free public schools are an option? What is the difference?

I had a full scholarship but took loans for books, health insurance, food and board. I needed help to pay for everything because my work study and regular jobs didn’t pay enough to cover living costs.

So many old people who have no clue about actual college costs today.

Right but I’m a GenXer so you probably think I’m old too. But the one thing I definitely wasn’t was rich. Mommy and daddy gave me no money for school. They didn’t even pay for my dorm sheets or plane ticket to school.

Did you take out loans for plane tix and dorm sheets?

No I used my minimum wage paycheck for that. But that paycheck only covered so much, dude. I wasn’t rich like you.

[Anonymous]

lol, SC is going to strike down this thing.

[Anonymous]

Anonymous wrote:lol, SC is going to strike down this thing.

If course they are. They are partisan republicans. The outcome was never in doubt.