If you worked your way through school, and had to spend time selling encyclopedias between classes lugging the volumes uphill both ways, you are probably against any forgiveness. A deadbeat is a deadbeat.
So my education was basically a gift, which means I have no business criticizing someone who was forced to take a loan. That part of the story hasn’t gotten much attention. But there is a study, published by the project on Predatory Student lending at Harvard – which says that the government actually was stopping the scammers from collecting on government loans, until January 20th 2017. When the oversight suddenly stopped.
Only among those with short memories. I've been alive for 33 years. The gov consistently has $$ for useless wars, to bail out banks & other major corporations and can even forgive PPP loans. In the mid 1960s College and public universities were tuition free. Way to go Boomers
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President Biden announces student loan forgiveness - KRLD All LocalPlus, Dallas has new racial equity plan and Fort Worth continues plan to prevent flooding.
Source: KRLD - 🏆 75. / 68 Read more »
President Biden announces student loan forgivenessPres. Biden announces plan to cancel up to $10,000 in student loan debt for Americans making less than $125,000, and up to $20,000 for Pell Grant recipients. First, the U.S. Gov should not be incentivizing college with attractive loan offers, thus artificially raising the price. Second, regulate private loans to eliminate compound interest: I hope congress can throw this out? Thats fucking ridiculous. I rather universal healthcare or something more productive then canceling student debt. They chose to go to college, sick people didn't choose to be sick. Use your fancy degree and get a job geez. Pell Grants is free money. Makes no sense.
Source: ABC - 🏆 471. / 51 Read more »
President Biden poised to announce some form of student loan forgiveness: SourcesJoe Biden is poised to decide whether to cancel student loan debt for a subset of Americans and continue to keep a COVID-era pause on the repayments I’m not going to paid for someone who majored in liberal arts & couldn’t job at all. This doesn't apply to me, I don't have any student loans. But he did campaign on this and it's only right that he does it. Infuriating!
Source: ABC - 🏆 471. / 51 Read more »