What is going on with student loans?

[Anonymous]

trump was one extreme, biden is way on the other side of the spectrum. stop the damn spending. we really someone in the middle next time.

[Anonymous]

I can’t wait to vote in November and throw these cretins out of office.

[Anonymous]

Anonymous wrote:Does this tweet infer she still has loans from grad school and she might even be benefitting from this? Presumably the $10K — unless the rag she works at pays her $125,000 yr. Maybe it does and that’s why she’s livid - because the $10k is means tested.

Yes, it means she has 6 figures of grad school loans, hasn't been paying for 2+ years, and probably 5 figures of accrued interest. Very clever way to use that to promote a right-wing cause though. Basically she isn't worried about $10k because it would only make a small dent in her accrued interest.

[Anonymous]

Anonymous wrote:I can’t wait to vote in November and throw these cretins out of office.

Good luck! One of your right-wing organizations is going to challenge the forgiveness and payment pause which will make the Republicans responsible for all young people getting hit with student loan bills again. Better start getting comfortable with Millennial and Gen Z progressive values.

[Anonymous]

Anonymous wrote:I'm sure the Democratic base loves this, but presumably most Democrats are going to vote for Biden anyways.

This will, however, turn off a lot of Independents who Democrats and Biden desperately need right now.

+1

I know several democrats that are seriously pissed about this debt forgiveness.

[Anonymous]

Anonymous wrote:trump was one extreme, biden is way on the other side of the spectrum. stop the damn spending. we really someone in the middle next time.

Yes. Yes. Yes.

+1000

[Anonymous]

Anonymous wrote:

Anonymous wrote:I can’t wait to vote in November and throw these cretins out of office.

Good luck! One of your right-wing organizations is going to challenge the forgiveness and payment pause which will make the Republicans responsible for all young people getting hit with student loan bills again. Better start getting comfortable with Millennial and Gen Z progressive values.

Actually I’m a lifelong independent and ardent Obama and Clinton supporter who simply sees the idiots in charge for what they are……hopelessly incompetent imbeciles that throw money at problems instead of doing the actual work to solve underlying problems. It’s pretty apparent that Susan rice is calling the shots for the senile prop of a president and I didn’t vote for Susan rice.

[Anonymous]

I’m a teacher who makes less than $125k but with my husband’s income we make about $300k, so I don’t think I’m eligible, right? Boo.

[Anonymous]

Anonymous wrote:I’m a teacher who makes less than $125k but with my husband’s income we make about $300k, so I don’t think I’m eligible, right? Boo.

Possible to file separately? You'd have to do the math to see if it is worth it. It's also based on AGI, so if you contribute to health and a 401k, it reduces your AGI.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m a teacher who makes less than $125k but with my husband’s income we make about $300k, so I don’t think I’m eligible, right? Boo.

Possible to file separately? You'd have to do the math to see if it is worth it. It's also based on AGI, so if you contribute to health and a 401k, it reduces your AGI.

Lol. You think an American teacher can do math?

[Anonymous]

Anonymous wrote:Is this a one time event? That is, if my freshman kid takes out a loan this year, will it be forgiven, since the loan is in his name?

If you’re not trolling — the deadline for taking out a qualifying loan was June 2022. I wouldn’t hold your breath for this to happen again anytime soon.

[Anonymous]

Anonymous wrote:

Read: Jeff Bezos and his evil greedy rich pals are worried about their worker serf slaves using their newfound MOBILITY to explore new jobs. No longer trapped in a debt hole, they have FREEDOM. And people with this freedom tend to leave their job, move, and don’t put up with s*** for years on end.

[Anonymous]

Anonymous wrote:

Anonymous wrote:trump was one extreme, biden is way on the other side of the spectrum. stop the damn spending. we really someone in the middle next time.

Yes. Yes. Yes.

+1000

Thank You Mr./Ms. Internet Economist.

You can take your "both sides" BS and stick it.

[Anonymous]

So many wealthy people for whom 10k is a drop in the bucket and who benefit from all sorts of tax loopholes for the rich and gigantic PPP loan forgiveness are making a lot of noise about someone earning 50k a year getting a break for once. Can’t have those poors getting something they don’t qualify for!

[Anonymous]

Anonymous wrote:So many wealthy people for whom 10k is a drop in the bucket and who benefit from all sorts of tax loopholes for the rich and gigantic PPP loan forgiveness are making a lot of noise about someone earning 50k a year getting a break for once. Can’t have those poors getting something they don’t qualify for!

Exactly this.

Also they fail to realize that college has gotten so much more expensive than back in the 1980s and 90s because states slashed funding for colleges to make taxes cheaper.