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Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765273 06/30/23 10:22 PM
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Just hours after the Supreme Court struck down the president's student loan forgiveness plan, the White House came back on Friday with several avenues to support borrowers.

The Biden administration is seeking to provide debt relief under the Higher Education Act of 1965 and has initiated that regulatory process. Additionally, the Education Department is creating a temporary 12-month on-ramp repayment program that removes the threat of default if borrowers miss payments once they restart in October. Third, the administration finalized a new income-driven repayment plan that it called "the most affordable repayment plan in history."


Transgenders: God made them, the devil changed their minds.
Re: Supreme Court rejects student loan forgiveness [Re: reelswift] #14765274 06/30/23 10:22 PM
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Originally Posted by reelswift
Originally Posted by MBradford
[Linked Image]


Obviously you or someone like you owes tuition money ? popcorn


Sad when you have to man up.

Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765276 06/30/23 10:22 PM
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30k in student loans presently. Never stopped making payments. 100 percent support this decision, I knew what I was doing when I took out those loans.


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Wreck'em Tech!

Re: Supreme Court rejects student loan forgiveness [Re: Techfisher] #14765277 06/30/23 10:22 PM
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Originally Posted by Techfisher
BTW....bashing liberals for everything means you disrespect and denigrate many of your fellow Americans.

Kinda like a blind taste test where you only know the brand AFTER you try the product…in 2023, I decided to intentionally not know the political affiliation of the people I would bash, disrespect and denigrate. I decided to evaluate the quality of their thinking skills, logic, coherence of thought…etc.

Oddly, every single one of the people who deserved to be bashed, disrespected and denigrated turned out to be liberal.

Re: Supreme Court rejects student loan forgiveness [Re: MBradford] #14765281 06/30/23 10:28 PM
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Originally Posted by MBradford
[Linked Image]



ALL legit PPP loans were forgiven. That was the idea when they were made - to pay to keep people employed during the pandemic.

To compare those to Student Loans that were taken out with the idea that they would be paid back is comparing apples to oranges. There is no comparison.

JR

Re: Supreme Court rejects student loan forgiveness [Re: BillS2006] #14765285 06/30/23 10:30 PM
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Originally Posted by BillS2006
Just hours after the Supreme Court struck down the president's student loan forgiveness plan, the White House came back on Friday with several avenues to support borrowers.

The Biden administration is seeking to provide debt relief under the Higher Education Act of 1965 and has initiated that regulatory process. Additionally, the Education Department is creating a temporary 12-month on-ramp repayment program that removes the threat of default if borrowers miss payments once they restart in October. Third, the administration finalized a new income-driven repayment plan that it called "the most affordable repayment plan in history."


They haven't been paying on the loans for years. Why should they get another year???

JR

Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765287 06/30/23 10:31 PM
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Bidenomecs!!!

Re: Supreme Court rejects student loan forgiveness [Re: JRGOCARDS] #14765294 06/30/23 10:36 PM
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Originally Posted by JRGOCARDS
Originally Posted by MBradford
[Linked Image]



ALL legit PPP loans were forgiven. That was the idea when they were made - to pay to keep people employed during the pandemic.

To compare those to Student Loans that were taken out with the idea that they would be paid back is comparing apples to oranges. There is no comparison.

JR



and then you have this.

'Biggest fraud in a generation': The looting of the Covid relief plan known as PPP
The official in charge of Covid relief tells NBC News' Lester Holt that programs like PPP were structured in ways that were "an invitation" to fraudsters.

https://www.nbcnews.com/politics/ju...-covid-relief-program-known-ppp-n1279664


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Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765299 06/30/23 10:38 PM
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I'd like some more ppp or ERC. Those were the best. The ppp being a tax free event was really nice.

Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765304 06/30/23 10:40 PM
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Democrat line of thought:

Former New York state Democrat Sen. Alessandra Biaggi took to social media Friday to discuss the pricey student loans she had amassed during law school, despite purchasing a $1.14 million home last summer.

"In 2012, I graduated from Fordham Law School with $180,000 is student loan debt," Biaggi wrote in a tweet. "I’ve been paying loans for 11 years. Even paid two of them off completely."

"In 2023, my balance is $206,000," added Biaggi, who represented New York's 34th district during her three-year tenure in the state Senate.


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Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765307 06/30/23 10:42 PM
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To me the bottom line is our country is over $32T in debt. We should be reducing entitlements not increasing them. The fact they gave out $200B in fraudulent PPP loans during Covid just highlights the level of stupidity in the ones writing the checks.

Re: Supreme Court rejects student loan forgiveness [Re: forkduc] #14765310 06/30/23 10:48 PM
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Originally Posted by forkduc
They sure did!
Borrow= pay back.


Not true.

That is NOT what the Court's decision said. The court said that the President/Administration has no unilateral power to for give these loans without Congressional approval.

So, now, the Administration has to go via the legislative route to get student loan forgiveness.

Last edited by a777pilot; 06/30/23 10:51 PM.

Look! Up in the sky. It's a bird. It's a plane. No, it's an EMP!

Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765311 06/30/23 10:48 PM
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This decision makes feel very good. I was not going to be happy if it passed.

For the last 8 years I have busted my butt to pay all expenses for my two daughters to go to A&M College Station to get their education without anyone having to borrow a dime to do it. I’m not complaining about having to do it, it’s something I wanted to do for them to give them a great start. They are both out now but the thought of someone else getting to do the same for free does not sit well with me.

Re: Supreme Court rejects student loan forgiveness [Re: Mark Perry] #14765315 06/30/23 10:53 PM
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Here is what confuses ne. Many of the ones wanting it forgiven say they went to college to get a better job and earn a higher wage. Shouldn't that higher wage now make it easier for them to repay their loans?

Re: Supreme Court rejects student loan forgiveness [Re: WAWI] #14765318 06/30/23 10:59 PM
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Originally Posted by WAWI
I'd like some more ppp or ERC. Those were the best. The ppp being a tax free event was really nice.

Aren’t you captaining a high school team in that “PPP” of yours?
roflmao


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