Boghie
Well-known member
I'll ask that question a different way: Why was my high school education better than that provided now? High school education is free... High school education was free...
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
$300 billion Student-loan debt forgiveness
- Thread starter tsptalk
- Start date
I'll ask that question a different way: Why was my high school education better than that provided now? High school education is free... High school education was free...
evilanne
Well-known member
The SAGA continues... Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag
I never had a student loan and I don't have anything against the Government or Private Industry paying off a portion of employee's Student Loan as an employee benefit but I totally disagree with this this attempt to buy votes. Unfortunately the recipients don't feel any of the consequences of debt forgiveness if they don't have to pay taxes for what should be considered additional income.
I'm sure there are "millions more saddled with ballooning federal student loans" when the Federal Government tells everyone you don't have to make any payment for 3-4 years. I wonder how many didn't make payments during that period (hoping for forgiveness) even when there income resumed or increase during same time period? Are we bailing out the students or the financial institutions? Trying to fix a problem they created?
How come no one holds the universities/colleges responsible for graduating students that can't get decent jobs to pay back those student loans in a reasonable amount of time? Granted, not all students graduate & Student Loans are not for just used for Tuition & Books, but it encourages debt mentality that is so prevalent today.
The only definite way to discharge Student Loans without paying it is to die (I wonder how much student debt has been wiped out from death since start of COVID). It use to be difficult if not impossible to get Student Loans discharged in Bankruptcy but the Biden administration has made changes to make that easier now, see Office of Public Affairs | Justice Department and Department of Education Announce a Fairer and More Accessible Bankruptcy Discharge Process for Student Loan Borrowers | United States Department of Justice
I don't know why I still expect some degree financial responsibility from our government.
I never had a student loan and I don't have anything against the Government or Private Industry paying off a portion of employee's Student Loan as an employee benefit but I totally disagree with this this attempt to buy votes. Unfortunately the recipients don't feel any of the consequences of debt forgiveness if they don't have to pay taxes for what should be considered additional income.
I'm sure there are "millions more saddled with ballooning federal student loans" when the Federal Government tells everyone you don't have to make any payment for 3-4 years. I wonder how many didn't make payments during that period (hoping for forgiveness) even when there income resumed or increase during same time period? Are we bailing out the students or the financial institutions? Trying to fix a problem they created?
How come no one holds the universities/colleges responsible for graduating students that can't get decent jobs to pay back those student loans in a reasonable amount of time? Granted, not all students graduate & Student Loans are not for just used for Tuition & Books, but it encourages debt mentality that is so prevalent today.
The only definite way to discharge Student Loans without paying it is to die (I wonder how much student debt has been wiped out from death since start of COVID). It use to be difficult if not impossible to get Student Loans discharged in Bankruptcy but the Biden administration has made changes to make that easier now, see Office of Public Affairs | Justice Department and Department of Education Announce a Fairer and More Accessible Bankruptcy Discharge Process for Student Loan Borrowers | United States Department of Justice
I don't know why I still expect some degree financial responsibility from our government.