Anonymous wrote:My sister had 210k forgiven. A friend had 223k forgiven. Another is about to have 200k forgiven. I recently had 163k forgiven. Thank you America! I just need to be an illegal or maybe Ukrainian and I’d be set!
Anonymous wrote:The hypocrisy in the thread is golden. Do you whiny people care when:
Many of you get and/or advocate for huge interest and tax deductions on your multimillion dollar mcmansions while low income people don't?
Trump and other businesses get huge write offs and don't pay taxes?
You front load your 529s for tax free growth while lower income Americans struggle to save and pay for college And on and on and on...
The system is rigged to help the rich get richer and yet you're complaining about people who paid 20+ years of loans and in many/most cases took jobs in lower paying careers/public service? The greed of DCUM is so evident.
Congrats OP!!! I am very happy for you. Hope you pay it forward.
Anonymous wrote:The hypocrisy in the thread is golden. Do you whiny people care when:
Many of you get and/or advocate for huge interest and tax deductions on your multimillion dollar mcmansions while low income people don't?
Trump and other businesses get huge write offs and don't pay taxes?
You front load your 529s for tax free growth while lower income Americans struggle to save and pay for college And on and on and on...
The system is rigged to help the rich get richer and yet you're complaining about people who paid 20+ years of loans and in many/most cases took jobs in lower paying careers/public service? The greed of DCUM is so evident.
Congrats OP!!! I am very happy for you. Hope you pay it forward.
Anonymous wrote:I'm listed on Mohela as 3 payments beyond the 120 required for Public Service Loan Forgiveness, but just waiting for it to finally come through. Buying a house soon and it would be nice to have it forgiven for when we officially do the mortgage application.
Anonymous wrote:Ugh. Millennials are SO entitled. I worked hard to pay off my $150,000 in loans and buy my million dollar house this year but you get a free pass?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No issues with Public Service Loan Forgiveness for certain professions. We are bleeding nurses and teachers. Should also include covering any education costs for training frontline workers like police, fire fighters, etc.
You don't get to decide who is eligible for forgiveness. I don't like all the deductions in our tax code but I don't waste energy saying people who take them are behaving unethically. This reeks of rules for thee but not for me.
-1 This isn't part of the tax code that anyone can see and factor into their decisions. Biden's student loan forgiveness is changing the rules years after the game is over. People might have made different decisions if they knew their loans would one day be forgiven.
Plus our policies are supposed to incentivize the behavior that's best for society. For example, home buying credits for teachers and law enforcement because society needs more people in these fields. The taxpayers paying off OP's student loans isn't some huge benefit for society.
-1 Biden didn't create IBR forgiveness but he is finally implementing it the way it was intended.
Educate yourself. https://www.gao.gov/products/gao-22-103720
Biden fought to implement this. He's clearly to blame.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No issues with Public Service Loan Forgiveness for certain professions. We are bleeding nurses and teachers. Should also include covering any education costs for training frontline workers like police, fire fighters, etc.
You don't get to decide who is eligible for forgiveness. I don't like all the deductions in our tax code but I don't waste energy saying people who take them are behaving unethically. This reeks of rules for thee but not for me.
-1 This isn't part of the tax code that anyone can see and factor into their decisions. Biden's student loan forgiveness is changing the rules years after the game is over. People might have made different decisions if they knew their loans would one day be forgiven.
Plus our policies are supposed to incentivize the behavior that's best for society. For example, home buying credits for teachers and law enforcement because society needs more people in these fields. The taxpayers paying off OP's student loans isn't some huge benefit for society.
-1 Biden didn't create IBR forgiveness but he is finally implementing it the way it was intended.
Educate yourself. https://www.gao.gov/products/gao-22-103720
Anonymous wrote:This feels very weird as a Gen X who paid off all of my loans (and it took many years) who is about to start paying for my Gen Z to go to college where all EFC calulators have us paying for everything without assistance.