Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
White House Chief of Staff Ron Klain suggested student-loan borrowers may be on track for further relief before payments are set to resume on May 1.
"The President is going to look at what we should do on student debt before the pause expires, or he'll extend the pause," Klain told Pod Save America on Thursday.
"Joe Biden right now is the only president in history where no one's paid on their student loans for the entirety of his presidency. And so the question whether or not there's some executive action on student debt forgiveness when payments resume is a decision we're going to take before payments resume," Klain added.
And largely unnecessary since if you are having difficulties there are many, many ways to defer your loans or make Income Based Payments. Heck sign up at your community college for a couple of classes learning some more marketable skills and they get deferred right there and you increase your hirebility/and income generating power.
"Biden is going to look at what we should do about student loan debt" ??
That is an easy one. PAY BACK YOUR LOAN. You agreed to it, you signed the contract now pay it back.
Biden looking at it is more like, let's see which way the wind is blowing the poll numbers as we get closer to the mid terms.
Are we not sickened by now that everything the Dems do has nothing to do with what is right for America, what is common sense but instead they respond to what might garner them more votes.
Tell you what Biden, you want my vote how about paying off my mortgage or buy me a new truck since I put myself through college and I will consider it.
Enough. I paid mine back. Current borrowers can pay theirs back. Nobody forced them to go to college; they decided it was worth the investment. Maybe for some it was a bad investment, but it was their decision to make.
I don't really get this. There are already a bunch of repayment options and deferment options based on all sorts of metrics. It's a "solution" to a problem that doesn't exist (assuming you're not a deadbeat who thinks loans are the same as gifts).
While I agree that these extensions are unnecessary, I'm also taking advantage of the pause for as long as it lasts as I'm not paying the government back more than I am legally required to
"Biden is going to look at what we should do about student loan debt" ??
That is an easy one. PAY BACK YOUR LOAN. You agreed to it, you signed the contract now pay it back.
Biden looking at it is more like, let's see which way the wind is blowing the poll numbers as we get closer to the mid terms.
Are we not sickened by now that everything the Dems do has nothing to do with what is right for America, what is common sense but instead they respond to what might garner them more votes.
Tell you what Biden, you want my vote how about paying off my mortgage or buy me a new truck since I put myself through college and I will consider it.
Rubbing the fact you have a house in my face.
Personally though I'm too busy trying to pay off my credit card number one and after that I need to save for what was taken from me and is far more important than a worthless piece of paper that I never should have been pressured to take out.
Of course I am an anomaly so just like the person below you may not be including me.
Quote:
Originally Posted by CrowGirl
Enough. I paid mine back. Current borrowers can pay theirs back. Nobody forced them to go to college; they decided it was worth the investment. Maybe for some it was a bad investment, but it was their decision to make.
Who is this referring to? Should I pay mine with dog hair? I'm sure if I wait long enough I got enough to be worth a couple thousand at least.
You're probably talking about normal people though I would assume so if you are you can ignore my comment but I never know anymore.
Quote:
Originally Posted by ChrisC
I don't really get this. There are already a bunch of repayment options and deferment options based on all sorts of metrics. It's a "solution" to a problem that doesn't exist (assuming you're not a deadbeat who thinks loans are the same as gifts).
True it seems like it's the same as deferment. Why not actually erase the unnecessary debt entirely?
Quote:
Originally Posted by Rocko20
Elections have consequences.
Looks like all you responsible folks who pay your bills on time are the suckers.
I'm a sucker for you say the word and I'll go to any school blindly, not thinking about all the subliminal things I knew about them about them about them. You're making the typical me do what I thought was the responsible thing
Yeah I would say people who don't manage to pay are often the suckers. Financially struggling is expensive.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.