Biden administration to cancel student loan debt for at least 40,000 borrowers. SCOTUS strikes down Biden’s student loan relief plan

Should the Governmwnt Forgive Student Debt

  • No, it was their choice to take the loans out.

    Votes: 19 14.1%
  • Yes, help those students or dropouts.

    Votes: 103 76.3%
  • In the Middle

    Votes: 13 9.6%

  • Total voters
    135
  • Poll closed .


Yea I been on IBR so Im wondering if/when my payments will get readjusted (its usually once a yr in Aug)... Gonna be tough to call if they're able to process all this in the next few months..: the 10-20k forgivness, possible recalculation based on new IBR program (5% cap?), PLUS the fact that my current loan servicer (FEDLOAN) is getting out of the business and still hasn't told us who the next servicer is yet
 
Yea I been on IBR so Im wondering if/when my payments will get readjusted (its usually once a yr in Aug)... Gonna be tough to call if they're able to process all this in the next few months..: the 10-20k forgivness, possible recalculation based on new IBR program (5% cap?), PLUS the fact that my current loan servicer (FEDLOAN) is getting out of the business and still hasn't told us who the next servicer is yet


I keep you posted though...I am in these Reddit streets hard and it's a wealth of information there....

Did your loans not get sent to MOHELA?
 
Why ppl who paid off their loans mad?

Should the forefathers mad that you all reaping benefits you never fight for?
 
Now just watch how many of the "If I can't have it, you can't have it either" crowd chime in complaining about how unfair this is to the taxpayer. Yet not a word from them about the legal loan shark lenders who charged near usurious finance rates to desperate students just trying to further their education. :hmm:

They already complaining....I swear people in this country are funny....SAD
 
Why ppl who paid off their loans mad?

Should the forefathers mad that you all reaping benefits you never fight for?

...because for some, even though they think themselves a decent human being, still think shit is a competition at the end of the day. Even at the expense of their own people or families, who they claim to carry a torch for, but really show their asses and true colors when money and one-upsmanship are involved.

It doesn't make a damn bit of sense crying about how black folks aren't given anything, or reparations etc... yet you gonna sit and hate when a program drops that will raise your people up in some way, just because it may not benefit that individual directly.
 
Now just watch how many of the "If I can't have it, you can't have it either" crowd chime in complaining about how unfair this is to the taxpayer. Yet not a word from them about the legal loan shark lenders who charged near usurious finance rates to desperate students just trying to further their education. :hmm:

they been complaining before this was even announced. if I had all my loans paid off the last thing I would be complaining about is other people getting some help
 
The crazy thing is that the people that paid their loans off still doesn't compare to some of the loan amounts being held by alot of people...Hell I am willing to bet with all these breaks there will still be people who have to pay as much or more than what these people who are complaining (most probably went to community college or in-state anyways).
 
To me this is these are the biggest wins
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Aim to cap undergrad loan payments @ 5% monthly income



No interest and 5% cap on my income.....If I am making 60K, I only have to pay $300 vs. $600......Why isn't that a good thing? All going directly to principle...
 
The crazy thing is that the people that paid their loans off still doesn't compare to some of the loan amounts being held by alot of people...Hell I am willing to bet with all these breaks there will still be people who have to pay as much or more than what these people who are complaining (most probably went to community college or in-state anyways).

...Im in that camp for sure, so every little bit helps.
 
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