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Post by KAMALARAMBO: BOOMSHAKALAKA!!! on Feb 9, 2021 10:17:07 GMT -5
I don’t think I missed a thread on this, but having these on 0% interest for months has really helped out. All my remaining loans are through the government. I’m actually still paying for them, in fact more than usual. But it’s by choice. With that pesky interest at bay for at least a few more months it has helped tremendously  |
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Post by YAKMAN is ICHIBAN on Feb 9, 2021 11:43:18 GMT -5
Went from paying 700 a month between my wife and I and we are both on the public service loan forgiveness track with these zero dollar “payments” still counting towards forgiveness.
Cha ching
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Post by Captain Stud Muffin (BLM) on Feb 9, 2021 11:48:53 GMT -5
I'd be happier if they cancel this shit
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Zone Was Wrong
Bill S. Preston, Esq.
Currently living off the high that AEW brings every Wednesday and Friday
Posts: 15,974
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Post by Zone Was Wrong on Feb 9, 2021 11:51:54 GMT -5
I'd be happier if they cancel this shit Yeah, I graduated in December and not having it hang over my head is a huge relief |
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Post by Captain Stud Muffin (BLM) on Feb 9, 2021 11:54:04 GMT -5
I'd be happier if they cancel this shit Yeah, I graduated in December and not having it hang over my head is a huge relief I got my Bachelors in Accounting 5 years ago and while it didn't dent my pockets over these years, I was still paying a good chunk every month and if they decide to cancel a good sum i'll be real happy |
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Post by KAMALARAMBO: BOOMSHAKALAKA!!! on Feb 9, 2021 12:24:17 GMT -5
Yeah, I graduated in December and not having it hang over my head is a huge relief I got my Bachelors in Accounting 5 years ago and while it didn't dent my pockets over these years, I was still paying a good chunk every month and if they decide to cancel a good sum i'll be real happy I’m hoping they at least cancel the $10,000 that has been proposed. Cancelling them all would be even better, but I don’t see it happening. As it is I’m on a PSLF program, but have so little faith in it I’m trying to pay my debt down before the PSLF would hypothetically set me free. It’s not a waste either. Even if that PSLF does kick in, as someone trying to buy a house having so much debt hang over me doesn’t help. |
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Post by Captain Stud Muffin (BLM) on Feb 9, 2021 12:30:03 GMT -5
I got my Bachelors in Accounting 5 years ago and while it didn't dent my pockets over these years, I was still paying a good chunk every month and if they decide to cancel a good sum i'll be real happy I’m hoping they at least cancel the $10,000 that has been proposed. Cancelling them all would be even better, but I don’t see it happening. As it is I’m on a PSLF program, but have so little faith in it I’m trying to pay my debt down before the PSLF would hypothetically set me free. It’s not a waste either. Even if that PSLF does kick in, as someone trying to buy a house having so much debt hang over me doesn’t help. I think the $10,000 at the very least is a go They want to make a "dent" in helping people with student loans tho which is why they are proposing $50,000 but I think they end up compromising around $25,000 or so. Even if you are a recent graduate who owes $100,000 I can't see you complaining about having 1/4 of your debt cut |
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Post by Hit Girl on Feb 9, 2021 12:45:31 GMT -5
Student loans should be banned. Higher education should be considered a social investment.
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Post by Captain Stud Muffin (BLM) on Feb 9, 2021 12:50:02 GMT -5
Student loans should be banned. Higher education should be considered a social investment. That's a very big pipe dream I don't disagree but no way in hell it is happening |
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Ultimo Gallos
Grimlock
Dreams SUCK!Nightmares live FOREVER!
Posts: 14,323 
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Post by Ultimo Gallos on Feb 9, 2021 12:51:11 GMT -5
So happy my college was paid for by Uncle Sam. My lady worked 50 to 60 hours a week for 8 years to get her student debit paid off.
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"Magic" Mark Hurr
Bill S. Preston, Esq.
Here, have some chili dogs
Not related to Phantasmo
Posts: 15,679
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Post by "Magic" Mark Hurr on Feb 9, 2021 13:11:27 GMT -5
Getting that check back last year that they took out of my taxes was great. And having to not deal with while we potentially can have them sent a medical facility to never return again would be wonderful.
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Post by Jaws the Shark on Feb 9, 2021 14:09:58 GMT -5
Student loans and the cost of tuition scare the shit out of me. Them and the prospect of paying them back at a higher rate than I would the average mortgage (which I'll also never be able to afford) is pretty much the only thing that's stopped me finishing my incomplete degree.
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Post by britishbulldog on Feb 9, 2021 15:19:14 GMT -5
Hey I paid my 40k back. If they do forgives I expect I should get it back right? No? Then no one should.
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Post by Cyno on Feb 9, 2021 16:58:29 GMT -5
Hey I paid my 40k back. If they do forgives I expect I should get it back right? No? Then no one should. "It wouldn’t be fair to the people the trolley has already killed if I diverted it now!" |
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Post by Alexander The So-so on Feb 9, 2021 18:54:58 GMT -5
Hey I paid my 40k back. If they do forgives I expect I should get it back right? No? Then no one should. "It wouldn’t be fair to the people the trolley has already killed if I diverted it now!" “I suffered through polio when I was a kid just like anyone! Why do people think they’re entitled to a vaccine for it now!?” |
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Paul
Vegeta
Posts: 9,237
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Post by Paul on Feb 9, 2021 21:40:45 GMT -5
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J. Hova
Don Corleone
Emotionally exhausted and morally bankrupt
Posts: 1,979
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Post by J. Hova on Feb 9, 2021 22:04:42 GMT -5
Ease up on the pitchfork and torches. It should have been worded better, but dude isn't completely wrong.
I was very fortunate that I got out of college with a B.S. with roughly 20k in debt. I paid that off a couple of years ago with minimal difficulty since my company has always paid me a fair salary. I know there are a lot of people who haven't had that experience.
Higher education in this country is a huge racket. All I was ever told all through school was you had to go to college and be successful. There are an awful lot of plumbers, pipefitters, chefs, electricians, carpenters, and general contractors who make great livings. My one grievance is there needs to be some personal responsibility with people who spend 80k on a philosophy degree to find out that all the big philosophy companies aren't hiring.
I hold no ill will towards anyone who might get their debt or part of their debt forgiven, but I'd like to see some benefit to those of us who played the game by the rules and held up our end. I don't know what that is, a tax credit or something? I'd also like to see some sort of public service requirement for those getting the debt forgiven. You don't have to join the Peace Corps or anything but maybe get x dollars forgiven for x hours of charity work or dollars donated.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Feb 9, 2021 22:42:27 GMT -5
Ease up on the pitchfork and torches. It should have been worded better, but dude isn't completely wrong. I was very fortunate that I got out of college with a B.S. with roughly 20k in debt. I paid that off a couple of years ago with minimal difficulty since my company has always paid me a fair salary. I know there are a lot of people who haven't had that experience. Higher education in this country is a huge racket. All I was ever told all through school was you had to go to college and be successful. There are an awful lot of plumbers, pipefitters, chefs, electricians, carpenters, and general contractors who make great livings. My one grievance is there needs to be some personal responsibility with people who spend 80k on a philosophy degree to find out that all the big philosophy companies aren't hiring. I hold no ill will towards anyone who might get their debt or part of their debt forgiven, but I'd like to see some benefit to those of us who played the game by the rules and held up our end. I don't know what that is, a tax credit or something? I'd also like to see some sort of public service requirement for those getting the debt forgiven. You don't have to join the Peace Corps or anything but maybe get x dollars forgiven for x hours of charity work or dollars donated. I don't know. Big ass companies got bailed out and they didn't have to do public service. Also, ease up on the pitchfork talk? Not your place. |
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Post by KAMALARAMBO: BOOMSHAKALAKA!!! on Feb 9, 2021 23:30:10 GMT -5
Ease up on the pitchfork and torches. It should have been worded better, but dude isn't completely wrong. I was very fortunate that I got out of college with a B.S. with roughly 20k in debt. I paid that off a couple of years ago with minimal difficulty since my company has always paid me a fair salary. I know there are a lot of people who haven't had that experience. Higher education in this country is a huge racket. All I was ever told all through school was you had to go to college and be successful. There are an awful lot of plumbers, pipefitters, chefs, electricians, carpenters, and general contractors who make great livings. My one grievance is there needs to be some personal responsibility with people who spend 80k on a philosophy degree to find out that all the big philosophy companies aren't hiring. I hold no ill will towards anyone who might get their debt or part of their debt forgiven, but I'd like to see some benefit to those of us who played the game by the rules and held up our end. I don't know what that is, a tax credit or something? I'd also like to see some sort of public service requirement for those getting the debt forgiven. You don't have to join the Peace Corps or anything but maybe get x dollars forgiven for x hours of charity work or dollars donated. The fact that the PSLF only kicks in after at least 10 years of service is the x dollars forgiven for x hours of work. Not charity work, but work that has been deemed a public service. If anything the current system is too rigid with this requirement. For example, last year as a healthcare worker I averaged over 93 hours per week for the year during Covid. That’s twice as many hours as an average 40 hour work week. Does it count as two years towards my PSLF? You bet your ass it DOES NOT. Likewise, depending on the circumstances if you find yourself in a tough spot and can’t pay your reduced payment for a month then that time also cannot be applied toward your PSLF. That’s what makes the recent forbearance so great. Regardless of your circumstances this time counts toward the proposed forgiveness and interest isn’t being piled on. |
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J. Hova
Don Corleone
Emotionally exhausted and morally bankrupt
Posts: 1,979
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Post by J. Hova on Feb 9, 2021 23:51:07 GMT -5
Ease up on the pitchfork and torches. It should have been worded better, but dude isn't completely wrong. I was very fortunate that I got out of college with a B.S. with roughly 20k in debt. I paid that off a couple of years ago with minimal difficulty since my company has always paid me a fair salary. I know there are a lot of people who haven't had that experience. Higher education in this country is a huge racket. All I was ever told all through school was you had to go to college and be successful. There are an awful lot of plumbers, pipefitters, chefs, electricians, carpenters, and general contractors who make great livings. My one grievance is there needs to be some personal responsibility with people who spend 80k on a philosophy degree to find out that all the big philosophy companies aren't hiring. I hold no ill will towards anyone who might get their debt or part of their debt forgiven, but I'd like to see some benefit to those of us who played the game by the rules and held up our end. I don't know what that is, a tax credit or something? I'd also like to see some sort of public service requirement for those getting the debt forgiven. You don't have to join the Peace Corps or anything but maybe get x dollars forgiven for x hours of charity work or dollars donated. I don't know. Big ass companies got bailed out and they didn't have to do public service. Also, ease up on the pitchfork talk? Not your place. Don't get me started on the whole bailout thing. Just when I was starting to get over the 2008 bailouts, we go even worse. I'm not disagreeing on that point. As for my first comment, it was an attempt at humor, but I get it when I went back and reread it. |
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