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Old 06-17-2021, 08:15 AM
 
21,932 posts, read 9,503,108 times
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Dept of Education just approved Joe Biden's plan to forgive $500 BILLION in student loan debt. Now you get to pay for their student loan in addition to your own. Votes have consequences.
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Old 06-17-2021, 08:18 AM
 
18,976 posts, read 7,020,934 times
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Stupid me. I paid mine off right before Biden got elected.
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Old 06-17-2021, 08:19 AM
 
Location: Atlanta, GA
14,834 posts, read 7,412,952 times
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Quote:
Originally Posted by Grlzrl View Post
$500 BILLION
Nope, it's $500 Million. Any particular reason you increased the sum by three orders of magnitude?
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Old 06-17-2021, 08:19 AM
 
Location: NYC
6,666 posts, read 2,972,733 times
Reputation: 4498
In 401ks you can manually select where your money is invested.

Aside from essentials like school, fire, police, roads, Taxes should have a webpage where you can tick mark where your tax dollars go.

Someone make an App for that.
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Old 06-17-2021, 08:25 AM
 
Location: So Ca
26,731 posts, read 26,812,827 times
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Those who are allowed student loan forgiveness have to qualify for it.

https://www.forbes.com/sites/zackfri...h=fab061b1a14c
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Old 06-17-2021, 08:25 AM
 
447 posts, read 321,992 times
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I don't have any student loan because as an oversea student there was not such a choice for me. My parents paid for my tuition in total.

How can I pay for other's student loan while I am saving for my own son's tuition fee and living cost?

And I was told for students whose parents making less than 130000 annually there would not be any tuition fee in many universities. So for the ones that needs help with paying off the student loan, will there be a family background check to make sure their parents can not afford to pay for them first?
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Old 06-17-2021, 08:30 AM
 
6,387 posts, read 2,710,079 times
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Quote:
Originally Posted by CA4Now View Post
Those who are allowed student loan forgiveness have to qualify for it.

https://www.forbes.com/sites/zackfri...h=fab061b1a14c
The article you quoted i saying that 2.3 BILLION is being forgiven, of course it is also from April.

The OP failed to provide any source, but the article I believe the OP is referring to has nothing to do with Biden's "plan"

https://www.cnbc.com/2021/06/16/the-...bt-relief.html

This goes back to the ITT Techical Institute closing down and only involves 18,000 loans.
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Old 06-17-2021, 08:37 AM
 
Location: Sector 001
15,946 posts, read 12,287,130 times
Reputation: 16109
The article is about students who were mislead by ITT Tech that the credits earned there could transfer to other colleges. ITT tech has always come off to me as the chiropractors of the college world, peddling nonexistent subluxations to their students. That said nobody forced them to attend there. The argument though is that they should have the debt forgiven because the college mislead and scammed them.

https://www.npr.org/sections/ed/2016...m-its-students
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Old 06-17-2021, 08:40 AM
 
18,976 posts, read 7,020,934 times
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Quote:
Originally Posted by sholomar View Post
The article is about students who were mislead by ITT Tech that the credits earned there could transfer to other colleges. ITT tech has always come off to me as the chiropractors of the college world, peddling nonexistent subluxations to their students. That said nobody forced them to attend there. The argument though is that they should have the debt forgiven because the college mislead and scammed them.

https://www.npr.org/sections/ed/2016...m-its-students
Why is it the government bailing out the students? They got scammed. It's not my fault.

Or does the government plan to pay me back for the truck I bought last year that ended up being a lemon?
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Old 06-17-2021, 08:42 AM
 
Location: Southeast US
8,609 posts, read 2,308,762 times
Reputation: 2114
Quote:
Originally Posted by FrankNSense View Post
The article you quoted i saying that 2.3 BILLION is being forgiven, of course it is also from April.

The OP failed to provide any source, but the article I believe the OP is referring to has nothing to do with Biden's "plan"

https://www.cnbc.com/2021/06/16/the-...bt-relief.html

This goes back to the ITT Techical Institute closing down and only involves 18,000 loans.
I think I'd be embarrassed if I was the OP with such a spectacular mistake and failure to carefully craft a truthful topic.
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