Anonymous
Post 12/02/2024 13:31     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Pay your bill and shut up, don’t expect yet another handout from the govt.



DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.
It sounds like a Breach of Contract with grounds for legal action unless the contract had small print saying, “The govt. is not obligated to honor the contract for…whatever reason. “

Her’s your chance to add yet another lawsuit against Teflon Trump.



Again, the loan servicers did not track loan history when they bought and sold loans. Your loan history with the previous loan servicer did not carry over to the new loan servicers. So they could not track the number of payments and therefore the government could not forgive loans after 250 payments. Additionally, loan servicers did not put borrowers in the correct payback group often because they would not make as much money. There are HUGE problems with these loan servicing companies that have sprung up.


This is not a problem as the borrower will have proof for each payment. Stop paying after the agreed number of payments. If any action is brought show the proofs of payment.



Do you keep 20-25 years of financial records?


If it is for an ongoing loan, of course. When I kept paper evidence of every student loan payment until it as paid off. As it happened, the servicer had changed hands so many times, that they kept billing me. I sent proof of payments via cashed checks and that resolved the matter. Apparently, the loans you took out did not provide an education in financial literacy.
Anonymous
Post 12/02/2024 13:13     Subject: Trump will rollback student loan forgiveness
Man, Trump really knows how to play the Resentment Wurlitzer. The man gave a huge tax break to corporations and the wealthy that instantly added $3 trillion to the deficit (you remember being upset about the deficit, don't you, or is that only when a Dem's in office?). Student loan debt relief is a drop in the ocean compared to that cost.
Anonymous
Post 12/02/2024 13:07     Subject: Trump will rollback student loan forgiveness
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


Whatever made you think that Trump or any republican gives a rat's behind about you or anyone who needed money to go to college? You are too old to be so gullible.
Anonymous
Post 12/02/2024 13:05     Subject: Trump will rollback student loan forgiveness
Why did I borrow $22,000 from 2000-2004 that still isn't "paid off" even though I've paid back more than $22,000.

If cars, which cost a similar amount, were sold the way student loans were, we'd have a heck of a lot better public transportation system around here because the majority wouldn't be able to afford a car.
Anonymous
Post 12/02/2024 13:00     Subject: Trump will rollback student loan forgiveness
You know I am 100% against you and forgiveness, but if you've been paying on time for the past 20 years, I think a certain amount should get written off at this point and the entire thing needs to be restructured as far as interest goes. There is not a person alive who needs to pay back five times what they borrowed. Cap it at a certain amount or a certain interest rate, but Congress refuses to act
Anonymous
Post 12/02/2024 12:59     Subject: Trump will rollback student loan forgiveness
This is once again something that Congress refuses to effing fix. They're the ones who said the weird interest rate for student loans. I don't understand why there is not a cap or you sign in at a certain rate. These adjustable loans are killing people. No one should be paying 20% back on a student effing loan.

But much like the border Congress refuses to do Jack crap.
Anonymous
Post 12/02/2024 12:50     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:Pay your own bills.

There has been plenty of warnings about student loan debt for decades.

Most Americans do not have college degrees. Why should they pay for largely white collar professionals to have debt relief? You can also go to community college for two years and transfer to in state school while not living on campus, can join the military for debt relief, and simply live within your means to pay it off. Why should the bricklayer breaking their back working 70 hours per week doing hard labor pay to relieve the loans of the art student with $100k of debts due to a degree in pottery while they earn $12/h at the local coffee shop living their Bohemian lifestyle?

We know, adulting is hard. Boo hoo.


first off all college is free in the US for lower income people who go CC route and local state school. Aid is more than enough to cover it.




No it isn’t. My niece graduated with honors from CC and had to take out loans for VT. Stop perpetuating a myth that you know nothing about, please.
Anonymous
Post 12/02/2024 12:49     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Pay your bill and shut up, don’t expect yet another handout from the govt.



DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.
It sounds like a Breach of Contract with grounds for legal action unless the contract had small print saying, “The govt. is not obligated to honor the contract for…whatever reason. “

Her’s your chance to add yet another lawsuit against Teflon Trump.



Again, the loan servicers did not track loan history when they bought and sold loans. Your loan history with the previous loan servicer did not carry over to the new loan servicers. So they could not track the number of payments and therefore the government could not forgive loans after 250 payments. Additionally, loan servicers did not put borrowers in the correct payback group often because they would not make as much money. There are HUGE problems with these loan servicing companies that have sprung up.


This is not a problem as the borrower will have proof for each payment. Stop paying after the agreed number of payments. If any action is brought show the proofs of payment.



Do you keep 20-25 years of financial records?
Anonymous
Post 12/02/2024 11:56     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:Pay your own bills.

There has been plenty of warnings about student loan debt for decades.

Most Americans do not have college degrees. Why should they pay for largely white collar professionals to have debt relief? You can also go to community college for two years and transfer to in state school while not living on campus, can join the military for debt relief, and simply live within your means to pay it off. Why should the bricklayer breaking their back working 70 hours per week doing hard labor pay to relieve the loans of the art student with $100k of debts due to a degree in pottery while they earn $12/h at the local coffee shop living their Bohemian lifestyle?

We know, adulting is hard. Boo hoo.


first off all college is free in the US for lower income people who go CC route and local state school. Aid is more than enough to cover it.

Anonymous
Post 11/30/2024 08:33     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Pay your bill and shut up, don’t expect yet another handout from the govt.



DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.
It sounds like a Breach of Contract with grounds for legal action unless the contract had small print saying, “The govt. is not obligated to honor the contract for…whatever reason. “

Her’s your chance to add yet another lawsuit against Teflon Trump.



Again, the loan servicers did not track loan history when they bought and sold loans. Your loan history with the previous loan servicer did not carry over to the new loan servicers. So they could not track the number of payments and therefore the government could not forgive loans after 250 payments. Additionally, loan servicers did not put borrowers in the correct payback group often because they would not make as much money. There are HUGE problems with these loan servicing companies that have sprung up.


This is not a problem as the borrower will have proof for each payment. Stop paying after the agreed number of payments. If any action is brought show the proofs of payment.


Lordy, you show your ignorance. If you stop paying, the USG would report it to the credit bureaus. Your credit would tank. Because you still owe a balance. The services and USG need to proactively confirm your eligibility and discharge your balance

Further, you need 20-25 years of payment history. I’ve been with Citibank since 2000 and they only offer me the ability to look back at 5 years of transaction history. If you used a previous bank account where you’re no longer a customer, you’d have zero access to payment history.

Such a dumb comment. I hope no one actually listens to you.


So it is now the bank’s fault that you did not keep a record of each payment. If your credit it dinged send the three credit reporting companies proof of payment. Why are you so worried about a credit rating? Or are you borrowing for things you can’t afford like student loans?
Anonymous
Post 11/30/2024 08:31     Subject: Trump will rollback student loan forgiveness
This is the reason I didn’t vote for anyone.
Anonymous
Post 11/30/2024 08:29     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
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.

DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.


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.
YOU took out a loan to pay for your education. Why am I, a taxpayer, liable for YOUR debt? If I am, taxpayers can be forced to pay off car loans or mortgages.

Pay your bill and shut up, don’t expect yet another handout from the govt.

I paid my full bill and then some, but I am still being forced to pay due to the dysfunction of the loan servicer, so you are not paying my bill and you can shut up.


Nope not going to shut up. Take it up with the courts if you feel so strongly with your claim. But Biden doesn’t have the authority to wipe out student loans or legislate a forgiveness package and a lot of us were disgusted by his attempts to do so. Especially when the people he was attempting to wipe debt for are so much better off than the taxpayers having to pay for the plans. Want a free education? Go to a military academy and do it the right way.



That’s adorable you think the average American paying student loans has the money to hire a lawyer! Clearly you were given a public defender for your DUI and child support cases.


You weren’t?
Anonymous
Post 11/30/2024 08:28     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Pay your bill and shut up, don’t expect yet another handout from the govt.



DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.
It sounds like a Breach of Contract with grounds for legal action unless the contract had small print saying, “The govt. is not obligated to honor the contract for…whatever reason. “

Her’s your chance to add yet another lawsuit against Teflon Trump.



Again, the loan servicers did not track loan history when they bought and sold loans. Your loan history with the previous loan servicer did not carry over to the new loan servicers. So they could not track the number of payments and therefore the government could not forgive loans after 250 payments. Additionally, loan servicers did not put borrowers in the correct payback group often because they would not make as much money. There are HUGE problems with these loan servicing companies that have sprung up.


This is not a problem as the borrower will have proof for each payment. Stop paying after the agreed number of payments. If any action is brought show the proofs of payment.


Lordy, you show your ignorance. If you stop paying, the USG would report it to the credit bureaus. Your credit would tank. Because you still owe a balance. The services and USG need to proactively confirm your eligibility and discharge your balance

Further, you need 20-25 years of payment history. I’ve been with Citibank since 2000 and they only offer me the ability to look back at 5 years of transaction history. If you used a previous bank account where you’re no longer a customer, you’d have zero access to payment history.

Such a dumb comment. I hope no one actually listens to you.
Anonymous
Post 11/30/2024 08:26     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I'm sorry some of you have to pay your bills. If not, can I get my electricity bills paid next?


There’s literally programs in all 50 states to help poor people pay for electricity and heating oil lol

And there are programs to help poor people go to college. What we are talking about is UMCs getting freebies.


Are school teachers, social workers, cops, firefighters, and GS8’s part of the Upper Middle Class?


Depends on how much they are being subsidized by relatives or the income of their spouses.
Anonymous
Post 11/30/2024 08:24     Subject: Trump will rollback student loan forgiveness
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

Pay your bill and shut up, don’t expect yet another handout from the govt.



DP. I took out a student loan with the original agreement that after 250 on time payments, it will be forgiven. This was the agreement. Sadly the government did not keep their side of the deal, until Biden.
It sounds like a Breach of Contract with grounds for legal action unless the contract had small print saying, “The govt. is not obligated to honor the contract for…whatever reason. “

Her’s your chance to add yet another lawsuit against Teflon Trump.



Again, the loan servicers did not track loan history when they bought and sold loans. Your loan history with the previous loan servicer did not carry over to the new loan servicers. So they could not track the number of payments and therefore the government could not forgive loans after 250 payments. Additionally, loan servicers did not put borrowers in the correct payback group often because they would not make as much money. There are HUGE problems with these loan servicing companies that have sprung up.


This is not a problem as the borrower will have proof for each payment. Stop paying after the agreed number of payments. If any action is brought show the proofs of payment.