For everyone else, loans will be forgiven no matter what after a maximum of 25 years, and Pierce said all borrowers should expect even more changes to the student loan system coming next summer.
Am I correct in thinking that no matter what, after 25 years whatever you would owe would be discharged?
Student loans are what kept me from being able to buy a home before the pandemic, and now they’re going to keep me from being able to afford a grave after the pandemic.
I make decent money but everything is so stupid fucking expensive and now add the student loan payment coming back these guys just like to shit on everyone that isn’t part of the bourgeois.
My problem is the people who advocated for not forgiving student loans are the same people who were more than happy to take hundreds of thousands in forgiven PPP loans. If they want student loans paid back with interest, why not pay these PPP loans back with the same 10% interest that we have to pay?
It’s a farce, and no I’m not upset that people who make less than me are getting a break.im upset because the artificial cutoffs for people who are cut out of help now doesn’t mean that they too are struggling and could for sure use the help.
Uh.... what? No. Biden failed fucking miserably. Our economy is about to literally crash because off his failure to address this. Not to mention THIS IS HIS FAULT! When he was a congressman, he created the legislature that made student loans unforgivable if you declared bankruptcy. From that day forward, college tuition skyrocketed. He is solely and directly responsible. This dude is a lying scumbag in orders of magnitude.
i don’t think “solely” (he alone) is correct, given the myriad problems with how the USA funds higher education: he may have contributed to 1 of many problems
also “about to literally crash because of” is a stretch and a half when there’s a war going on, the aftermath of a global pandemic, and the various other issues that have cropped up in the last few years
being hyperbolic doesn’t help move discussion forward; in fact often it will put people off-side because they assume the underlying facts are bogus
It’s like hailing the medical jubilee as some kind big policy step forward when medical debt is still a massive anchor on Americans. You’re not doing anything to fix the problem. This is just aesthetics (pr)
The only step forward worth the name is the cancellation of all debt, and making higher education government paid. Anything else is an embarrassing stop-gap fine to avoid the only real solution to student debt and lack of access to higher ed. A educated workforce is a skilled and effective workforce, it is literally in our nation’s best interest to educate it’s citizenry as best it is capable, and it’s capable of a lot more than it is currently doing
just because it’s shit doesn’t make it untrue… what cdf12345 said isn’t wrong: conservatives challenged and rolled back previous debt forgiveness… they’d absolutely try and do the same with pretty much anything progressives do, so everything has to move in baby steps
blaming republicans for lack of progress is not their only play: you can be frustrated by the minimal progress, but to say they do nothing at all is incorrect and only helps conservatives move the US backward
The fact that the Supreme Court found that the plaintiffs had standing is what is so worrisome. I think everyone was shocked that a student loan management company in Missouri was found to have been damaged by the previous student debt plan.
That would strengthen America and make it a better, more competitive country that would have to worry a lot less about the new cold war, and also make even our military stronger in the long run... but oh no, it's "socialism" so half the voting population's too brainwashed to see how it'll help everyone, including the rich, who would have higher quality workers.
Because it's not about making life better, it's about control + sadism.
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