Liberal Forum

https://www.foxbusiness.com/personal-fi ... dent-loans

Wall St, Banks, and Corps rarely experience hard knocks.

The Uni-Party almost always swoops down

and gives them trillions.

Or starts wars to funnel trillions ot Raytheon and Boeing.

Now thats UckSepHunALjizm

Our daughter used the IBR program when she first graduated with her Masters in Social Work, and continued using it until she became a nursing home administrator. When she applied for and was approved for IBR, she received both an email and a letter so stating. Anyone for which confirmation cannot be produced they have been continuously making payments for the required 20-25 years should not have their remaining debt forgiven. I completely support correcting prior record keeping deficiencies and forgiving those who did. The individual met all the mandated requirements for forgiveness and should not be punished because some career lackey didn't do their job correctly. Everyone else can pound sand and pay their debts.

ConsRule » 07 Aug 2023, 9:18 am » wrote: ↑

07 Aug 2023, 9:18 am

Our daughter used the IBR program when she first graduated with her Masters in Social Work, and continued using it until she became a nursing home administrator. When she applied for and was approved for IBR, she received both an email and a letter so stating. Anyone for which confirmation cannot be produced they have been continuously making payments for the required 20-25 years should not have their remaining debt forgiven. I completely support correcting prior record keeping deficiencies and forgiving those who did. The individual met all the mandated requirements for forgiveness and should not be punished because some career lackey didn't do their job correctly. Everyone else can pound sand and pay their debts.

Income-Based Repayment (IBR) is a program that caps your monthly student loan payment at an affordable level based on your income, and then forgives whatever you still owe after 20 or 25 years. IBR is a type of income driven repayment plan (IDR) for federal student loans.

BuckNaked » 07 Aug 2023, 8:24 am » wrote: ↑

07 Aug 2023, 8:24 am

https://www.foxbusiness.com/personal-fi ... dent-loans

is "a desperate attempt from right wing special interests to keep hundreds of thousands of borrowers in debt,"

wow, that's rich...were they strung up or water boarded and forced to sign?
 

When will banks or wall street

ever be treated like the school of hard knocks....

does this hurt cuckies feelings???

Imagine telling banks..."""no more socialism for you!!!"""

or wall street...""pick yourself up by yer own boortstraps...you mooch"""

cuckies??
 

BuckNaked » 07 Aug 2023, 9:20 am » wrote: ↑

07 Aug 2023, 9:20 am

Income-Based Repayment (IBR) is a program that caps your monthly student loan payment at an affordable level based on your income, and then forgives whatever you still owe after 20 or 25 years. IBR is a type of income driven repayment plan (IDR) for federal student loans.

I know that.  There are several types of IDR plans (I think 4) and all balances are forgiven after 20-25 (depending when the loan was taken). There is an exception related to "public service" that allows forgiveness after 120 continuous payments for qualified employment. I stand by what I said, if there was a record keeping error by the government, those loans should be forgiven if all mandated conditions were met.

Now, this would do nothing for students with private student loans as only federal student loans are eligible for any type of IDR.
 

ROG62 » 07 Aug 2023, 9:32 am » wrote: ↑

07 Aug 2023, 9:32 am

is "a desperate attempt from right wing special interests to keep hundreds of thousands of borrowers in debt,"

wow, that's rich...were they strung up or water boarded and forced to sign?

You need to be more understanding.  Secretary Cardona is too stupid to understand there is no such thing as "debt forgiveness".  

 
 

Meanwhile

banks, MIC, wall street

always have their cup out begging.....

right cuckies?

cuck a rooosssssssssss
 

Sumela » 07 Aug 2023, 9:47 am » wrote: ↑

07 Aug 2023, 9:47 am

Imagine telling banks..."""no more socialism for you!!!"""

or wall street...""pick yourself up by yer own boortstraps...you mooch"""

cuckies??

Will never happen, the hell show will always go on via the magic revolving door.
 

Tempest62 » 07 Aug 2023, 10:52 am » wrote: ↑

07 Aug 2023, 10:52 am

Will never happen, the hell show will always go on via the magic revolving door.

Very true, but as a conservative it has always annoyed the **** out of me

how "cons" worship corps, MIC, banks, wall street...and their grifting of the system.
 

BuckNaked » 07 Aug 2023, 8:24 am » wrote: ↑

07 Aug 2023, 8:24 am

https://www.foxbusiness.com/personal-fi ... dent-loans

Boy howdy that’s the way to win over the younger people.

ROG62 » 07 Aug 2023, 9:32 am » wrote: ↑

07 Aug 2023, 9:32 am

is "a desperate attempt from right wing special interests to keep hundreds of thousands of borrowers in debt,"

wow, that's rich...were they strung up or water boarded and forced to sign?

No, they went to college to make something of themselves.

BuckNaked » 07 Aug 2023, 9:20 am » wrote: ↑

07 Aug 2023, 9:20 am

Income-Based Repayment (IBR) is a program that caps your monthly student loan payment at an affordable level based on your income, and then forgives whatever you still owe after 20 or 25 years. IBR is a type of income driven repayment plan (IDR) for federal student loans.

A Masters Degree in social work...?
Sounds like another program that is bursting at the seams with useless mumbo jumbo and jibber jabber.
It's this bloated and corrupt system of higher education that needs to be revamped instead of burdening the taxpayers with the aftermath.
 

Bruce » 07 Aug 2023, 11:00 am » wrote: ↑

07 Aug 2023, 11:00 am

No, they went to college to make something of themselves.

they signed on the dotted line bruce...any questions?

The life of a military contractor is tough...

Trying to find a job with a new degree. Struggling
Rent, food, utilities
$600 month for college debt...

Then WASH DC bails you out with a WAR somewhere!!       
 

   

ConsRule » 07 Aug 2023, 9:53 am » wrote: ↑

07 Aug 2023, 9:53 am

You need to be more understanding.  Secretary Cardona is too stupid to understand there is no such thing as "debt forgiveness".

I'm quite understanding...

 I understand they were told the terms of their loans prior to signing...

is there more understanding needed?

GHETTOBLASTER » 07 Aug 2023, 11:02 am » wrote: ↑

07 Aug 2023, 11:02 am

A Masters Degree in social work...?
Sounds like another program that is bursting at the seams with useless mumbo jumbo and jibber jabber.
It's this bloated and corrupt system of higher education that needs to be revamped instead of burdening the taxpayers with the aftermath.
 

What type of degree you think most people have who work for CPS/APS, who work with charities who held homeless vet (or help those who show up at a VA hospital) have, how about those who work trying to get those with mental health issues and addictions off the street, or those who help families of those type of people navigate the state and federal bureaucratic black holes.  You know, the people you probably think are below you.  They are overwhelmingly social workers.  Most go into it with their eyes wide open related to pay (and usually benefits).  Someone needs to do it...so why not throw them a bone after 25 years.  After all, that's what Congress wanted to see happen.