142
i meet so many old people under the delusion 'i suffered, so should you'. its so weird as many will then talk about their church in the next breath.
Yea, I went to a relatively cheap college. Tuition was about 8k a year when I started and 12k when I graduated, this didn't include living expenses or housing. I worked on average 30 hours a week and full time during the summers. I left with about 20k in loans. I worked and saved while living at my parents home and paid them off in about 3 years. I was lucky to be in a position to do this, all the while making less than 15 an hour.
Then a few years later when there was talk of people getting their debt forgiven, my mother says " that's not fair, you worked hard to get out of it, they should too." And I stood there in shock, thinking who cares if I worked hard to pay off my loans, it doesn't mean others should have to. I don't want others to go through what I sacrificed if they don't have to.
old people
it's ok. you can say boomers
It ain't just old people either.
stupid people exist in every age group. but it's to be expected from kids-- not from grown ass adults
This is a program that existed for a very long time.
The problem with it is when it was set up, some idiot put the loan companies in charge. And thru intentional incompetence most people didn't get forgiveness when they should and the interest kept climbing for years.
Biden had us pay the illegally charged interest rather than fight it.
So we drastically overpaid for forgiveness borrowers should have had long ago.
It's good they finally got it, but so many more could have been forgiven for the same amount of money if we didn't pay all that extra interest.
John Oliver did an episode on it a couple months ago, maybe last season?
This is a program that existed for a very long time
7 years since the first person became eligible is a 'very long time?'
The problem with it is when it was set up, some idiot put the loan companies in charge. And thru intentional incompetence most people didn’t get forgiveness when they should and the interest kept climbing for years.
So we're just making shit up now?
The department of education made the determination of who fulfilled the criteria to have their loans forgiven. Forgiveness was never based around distributing a set amount of money, but on completeting a specific payment regiment for 10 years with a qualifying employment category.
The first year anyone was eligible for forgiveness was 2017. Do you remember who was president in 2017? Who he put in charge of the department of education? There was a deliberate effort by the Trump administration to sabatoge the program by denying approval for forgiveness on the basis of any minor technical or clerical deficiency they could come up with. Some months literally nobody got approved. Now also consider the kinds of people Davos hired for every role she could within the department. And now the kind of people they hired.
And here you sit, just another asshole blaming Biden and Democrats for mess their predecessors went out of their way to create, because they didn't clean it up instantly and perfectly.
To be fair, it's a little disingenuous to start counting from the time the first person became eligible, as all the rules had to be in place for over a decade prior to that.
You're framing it as a program that's been around for 7 years, when the reality is that it's been 17.
Don't disagree with most of your points, but the program itself has been around for quite a while.
What's disingenuous is Givesomefucks out right lying. But semantics are more your flavor I suppose.
s a little disingenuous to start counting from the time the first person became eligible
No it absolutely isn't.
No, it's disingenuous to count the time a program was, by design, inoperable as functional because it existed on paper.
When does the dam exist? On the day the blueprints are drawn up or on the day it starts filling with water?
The word I would contest is "inoperable."
The system is more than just a retrospective yes or no after 10 years. You have to work with the DoEd to submit paperwork from your employer to make sure they qualify. You have to work with the DoEd to make sure the type of payments or deferments you're doing are qualified. Etc.
There have been government employees actively working with people on this for the whole of the 17 years. This is a program that has, in fact, "been around for a long time" in a meaningful way.
Yes, the Trump Administration did a good awful job in trying to intentionally eff it up. But people were in fact able to get through it.
Right now, I know several people who are just a few payments away from being able to qualify, but can't due to payment freezes with the Mohela cutover and all the legal stuff going on with it. Which, to be clear, I'm not blaming on the Biden administration. But it isn't like the program has made much meaningful headway in the past 4 years either.
And it seems like this is the easier battle to win than general student loan forgiveness. Expand PSLF. Reduce the term to 5 years and reduce the administrative burdens and overhead. Allow a wider range of zero-cost-payment deferments to count as "qualified payments" towards the total payment number needed.
These would be expansions on policy that have been unchallenged for the past 17 years. That passed through both houses of Congress. This is an easy win that would help ease the burden of millions of Americans. Especially teachers who are cripplingly underpaid and often require a masters degree.
There's rarely any using trying to respond with logic to a comment filled with insults..
I explicitly blamed the people who set it up, and that account went off about how I'm blaming Biden.
Logic didn't get them to their current opinion, and logic won't help them understand their misunderstanding, they'll just keep throwing insults and not understanding.
I just report and block those accounts, makes Lemmy a lot more civil when you don't see the worst
and that account went off about how I’m blaming Biden.
Biden had us pay the illegally charged interest rather than fight it.
I guess someone else wrote his name in there.
Charging borrowers interest is not illegal. Denying participation in government programs over trivial errors is not illegal. Declining to earnestly help people who are eligible rectify their deficient applications is not illegal. Picking a fight you are going to lose on the merits is not smart. Especially when it detracts time and effort away from the much more immediate and necessary goal of helping the large number of people who are still paying.
Dude. You literally blamed Biden in your first comment.
Whitehouse.gov - News Source Context (Click to view Full Report)
Information for Whitehouse.gov:
MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
Wikipedia about this source
Media Bias Fact Check | bot supportSearch topics on Ground.News
https://www.whitehouse.gov/briefing-room/statements-releases/2024/10/17/fact-sheet-president-biden-announces-over-1-million-public-service-workers-have-received-student-debt-cancellation-under-the-biden-harris-administration/
this post was submitted on 17 Oct 2024
142 points (98.0% liked)
politics
19043 readers
3997 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS