Author Topic: Has anyone applied for the student loan forgivness?  (Read 6303 times)

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LESchwartz

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Re: Has anyone applied for the student loan forgivness?
« Reply #60 on: November 24, 2022, 05:50:35 PM »
Not trying to 'dis anyone, but I found this particular video hilarious:  https://www.youtube.com/watch?v=YIZd4x0mD0I.

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Toad

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cvasqu03

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Re: Has anyone applied for the student loan forgivness?
« Reply #62 on: January 23, 2023, 08:17:23 PM »
Arizona threw out the law suit.

https://www.businessinsider.com/arizona-throws-out-lawsuit-to-block-bidens-student-debt-relief-2023-1

COVID forbearance counts.

https://www.forbes.com/sites/adamminsky/2023/01/23/student-loan-forgiveness-these-deferment-and-forbearance-periods-may-count/?sh=347dea972d94

Supreme Court hearing is Feb 28, 2023.

https://www.cnbc.com/2022/12/27/supreme-court-likely-to-weigh-these-issues-on-student-loan-relief.html


I haven't applied.  I'm assuming it will be struck down, but if it's not, I'll have to decide.  I don't think there's anything wrong with getting it if it's allowed to proceed.  If it's a government program that you qualify for, there's no shame in getting it since you're paying for it.  Heck we'll all end up paying for it if it does survive whether any of us applies for it or not.  I just really hope it gets thrown out with extreme prejudice.
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LESchwartz

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Re: Has anyone applied for the student loan forgivness?
« Reply #63 on: January 24, 2023, 12:00:24 AM »
As I mentioned previously, I'm ambivalent.  If someone qualifies, then they should not be ashamed about applying for a program they qualify for.  My problem, is I went to a cheaper school so I wouldn't have to incur any student loan debt.  I told my daughter that she had to go to a cheaper school because I wasn't willing to incur any student loan debt on her behalf.  What about all us folks who made life changing decisions?  Biden is in effect telling us we were stupid!  He can go F himself.

As far as I'm concerned, he's trying to buy votes plain and simple.

Larry

PS:  I personally think that College should be free everyone who qualifies . . . everyone who qualifies.  I know this would be a massive spending increase.  IMHO, the cost should be charged to the DOD.  After all, the security of any nation is partly determined by the education level of it's people.
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Toad

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Re: Has anyone applied for the student loan forgivness?
« Reply #64 on: March 01, 2023, 04:22:15 PM »
Email Update.

Quote
Feb. 28, 2023
 
A message from Secretary Cardona on student debt relief

Good afternoon,

Earlier today, the Biden-Harris Administration mounted a powerful case for student debt relief in front of the U.S. Supreme Court.

The student debt relief program will provide critical support to more than 40 million borrowers most at risk of delinquency or default when the student loan payment pause ends.

Our Administration is confident in our legal authority to adopt this plan, and today made clear that opponents of the program lack standing to even bring their case to court. While opponents of this program would deny relief to tens of millions of working- and middle-class Americans, we are fighting to deliver relief to borrowers who need support as they get back on their feet after the economic crisis caused by the pandemic.

While we await the Supreme Court’s decision, the pause on student loan payments remains in effect. Payments will resume 60 days after the Supreme Court announces its decision. If it has not made a decision or resolved the litigation by June 30, payments will resume 60 days after that.

In addition to this one-time debt relief program focused on counteracting the negative impacts of the pandemic, President Biden, Vice President Harris, and I will continue to put the needs of students and borrowers ahead of special interests, invest in college affordability, hold colleges accountable for runaway costs and unaffordable debts, and pursue historic changes to student loan repayment that will cut costs and reduce the crushing burden of student debt for millions of working families.

We will continue to provide you updates and will notify borrowers directly before payments restart.

Visit Student Aid for the latest information on student debt relief, the payment pause, and additional programs from the Department of Education to make college more accessible and affordable.

Sincerely,

Miguel A. Cardona, Ed.D.
Secretary of Education

Looks like it's pushed back until June-30.
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cvasqu03

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Re: Has anyone applied for the student loan forgivness?
« Reply #65 on: March 01, 2023, 04:36:25 PM »
Email Update.

Quote
Feb. 28, 2023
 
A message from Secretary Cardona on student debt relief

Good afternoon,

Earlier today, the Biden-Harris Administration mounted a powerful case for student debt relief in front of the U.S. Supreme Court.

The student debt relief program will provide critical support to more than 40 million borrowers most at risk of delinquency or default when the student loan payment pause ends.

Our Administration is confident in our legal authority to adopt this plan, and today made clear that opponents of the program lack standing to even bring their case to court. While opponents of this program would deny relief to tens of millions of working- and middle-class Americans, we are fighting to deliver relief to borrowers who need support as they get back on their feet after the economic crisis caused by the pandemic.

While we await the Supreme Court’s decision, the pause on student loan payments remains in effect. Payments will resume 60 days after the Supreme Court announces its decision. If it has not made a decision or resolved the litigation by June 30, payments will resume 60 days after that.

In addition to this one-time debt relief program focused on counteracting the negative impacts of the pandemic, President Biden, Vice President Harris, and I will continue to put the needs of students and borrowers ahead of special interests, invest in college affordability, hold colleges accountable for runaway costs and unaffordable debts, and pursue historic changes to student loan repayment that will cut costs and reduce the crushing burden of student debt for millions of working families.

We will continue to provide you updates and will notify borrowers directly before payments restart.

Visit Student Aid for the latest information on student debt relief, the payment pause, and additional programs from the Department of Education to make college more accessible and affordable.

Sincerely,

Miguel A. Cardona, Ed.D.
Secretary of Education

Looks like it's pushed back until June-30.


Interesting how they phrased that.  The issue of standing is just about the only argument they had left as any analysis of their actual authority to do this is weak at best.  They never even tried to argue they had authority, only that the plaintiffs had no standing to sue.  Even then, most justices seemed to think the plaintiffs had standing.  Amy Comey Barrett may rule against standing on one of the two cases, but that would mean it would proceed to a decision by a 5 to 4 vote rather than a 6 to 3 vote.  I'm hoping this thing gets struck down fast.

Still, you never know.
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Toad

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Re: Has anyone applied for the student loan forgivness?
« Reply #66 on: June 30, 2023, 06:44:02 PM »
It's dead. No student loan forgiveness. And, now that affirmative action is dead, more kids are going to spend money they don't have, on student loans they can't afford, for an education for jobs that don't exist.

https://www.nbcnews.com/politics/supreme-court/supreme-court-rule-bidens-student-loan-forgiveness-plan-friday-rcna76874
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Greatguns

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Re: Has anyone applied for the student loan forgivness?
« Reply #67 on: June 30, 2023, 07:30:30 PM »
They had to shut it down to pay for the free housing, monthly check, and EBD cards to get free food for all the illegal aliens. :shock: :banghead: :banghead:


Toad

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Re: Has anyone applied for the student loan forgivness?
« Reply #68 on: June 30, 2023, 07:36:07 PM »
Too bad they no longer get preferential admission at Harvard.
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Re: Has anyone applied for the student loan forgivness?
« Reply #69 on: June 30, 2023, 08:06:23 PM »
It's dead. No student loan forgiveness. And, now that affirmative action is dead, more kids are going to spend money they don't have, on student loans they can't afford, for an education for jobs that don't exist.

https://www.nbcnews.com/politics/supreme-court/supreme-court-rule-bidens-student-loan-forgiveness-plan-friday-rcna76874

Maybe it’s time to get back to vocational school for the jobs that actually exist and pay a real living wage. The water company I just paid $10k to for a whole house water and filtration system to deal with disgusting well water pays really well.

The fact of the matter is if tax dollars actually went to courses that would be training young people for actual careers that would benefit America then maybe there would be more support. I know I’m not real keen on paying for some knuckle head taking the song book of Taylor swift for their liberal arts degree.

https://amp.cnn.com/cnn/2022/08/25/entertainment/taylor-swift-course-university-texas-cec/index.html

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Re: Has anyone applied for the student loan forgivness?
« Reply #70 on: June 30, 2023, 08:11:40 PM »
Right now, yeah. Vocational schools and the trades are hot. The trades aren't recession proof.
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Logan7

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Re: Has anyone applied for the student loan forgivness?
« Reply #71 on: July 01, 2023, 01:39:55 PM »
Very interesting thread, Toad - but I'll disagree with you on one outcome of the new SCOTUS ruling.

Quote
And, now that affirmative action is dead, more kids are going to spend money they don't have, on student loans they can't afford, for an education for jobs that don't exist.

Without all those racial quotas and set-asides for academic admission, fewer minorities most of whom are ill-prepared to succeed in higher education are going to "spend money they don't have, on student loans they can't afford..."

The rate of black students admitted to colleges and universities who actually complete their four-year degree (even given six years to do so) is only 40% !

That is, as of right now, a majority of black students fail to obtain any kind of degree from higher education, and that majority is saddled with tens-to-hundreds of $thousands$ in student loans just for trying and failing. That bank debt + interest will follow them and cripple them for decades.

THAT bank debt is a direct result of 50 years of this racial quota system in academia, that pretended minority students were just as prepared to succeed as everyone else. And those colleges and Universities that got paid full tuition fees by the banks making loans have always been just FINE with that.

This new SCOTUS rule is going to put a major dent in their profits. Excellent.
And it will prevent real economic hardship for many young minorities who never needed to be steered into academia.


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Re: Has anyone applied for the student loan forgivness?
« Reply #72 on: July 01, 2023, 02:12:30 PM »
Yeah, if affirmative action was effective in its intent of securing open doors for minorities to college, that means less black kids going to college regardless of loans or not.  In reality it allowed more people ill prepared and/or willing to do the work to get a degree to be in it.

 The base problem is not the loans and debt, it's the cost of education to start with, and that never seems to be the focus.  I have had leftists try to explain it's because the govt both fed and state have reduced funding because of budget cuts, :roll: but if you look at the percent of subsidy reduction vs the percent tuition and other costs have risen,  it's several times higher than the supposed lack of govt funding revenue.
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Tainted

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Re: Has anyone applied for the student loan forgivness?
« Reply #73 on: July 01, 2023, 06:09:04 PM »
Also, maybe America needs to pay it's own debts before paying for someone else's debt for failed or useless degrees.

Toad

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Re: Has anyone applied for the student loan forgivness?
« Reply #74 on: July 01, 2023, 08:50:03 PM »
Very interesting thread, Toad - but I'll disagree with you on one outcome of the new SCOTUS ruling.

Quote
And, now that affirmative action is dead, more kids are going to spend money they don't have, on student loans they can't afford, for an education for jobs that don't exist.

Without all those racial quotas and set-asides for academic admission, fewer minorities most of whom are ill-prepared to succeed in higher education are going to "spend money they don't have, on student loans they can't afford..."

The rate of black students admitted to colleges and universities who actually complete their four-year degree (even given six years to do so) is only 40% !

That is, as of right now, a majority of black students fail to obtain any kind of degree from higher education, and that majority is saddled with tens-to-hundreds of $thousands$ in student loans just for trying and failing. That bank debt + interest will follow them and cripple them for decades.

THAT bank debt is a direct result of 50 years of this racial quota system in academia, that pretended minority students were just as prepared to succeed as everyone else. And those colleges and Universities that got paid full tuition fees by the banks making loans have always been just FINE with that.

This new SCOTUS rule is going to put a major dent in their profits. Excellent.
And it will prevent real economic hardship for many young minorities who never needed to be steered into academia.

Admission slots that were earmarked for minorities will now be filled by white kids with no money.
The VA - Giving Veterans a second chance to die for their country since 1930.
"I hate to admit Toad is more right than wrong."--panoz77
When you are dead, you don't know you are dead. It is difficult only for the others. It is the same when you are stupid.