Current Events > Biden admin reconsidering whether to resume student loan payments

(+) Yeah! (+)

When they do it. Will the progressives be grateful?

Grateful for having to yell at the administration to get it to not do the thing they didn't have to do in the first place?

lol fuck pausing again, just give people loan forgiveness. Even if its just partial forgiveness, that goes a hell of a long way

When they do it. Will the progressives be grateful?
Absolutely not.

hmm let me see

https://gamefaqs.gamespot.com/a/user_image/5/8/4/AAeQkrAACudY.png

ah ok

payments will restart on wednesday november 9th

Nobody fucking owes politicians their gratitude. Not even if the president were Bernie Sanders.

Their acting in the best interests of the population should be expected of them.

Where did we come up with the idea that all students loans should just be forgiven lol

Where did we come up with the idea that all students loans should just be forgiven lol

Where did we come up with the idea that all students loans should just be forgiven lol

Student debt should be cancelled because borrowers havent realized the income gains that would enable them to pay it off, the burden of student debt weighs especially heavily on the historically marginalized, and a good deal if not a majority of outstanding student debt isnt going to be repaid anyway. Why should the government grind pointless payments out of its borrowers for the next many decades?

so am I supposed to be getting a tax credit or something if I've been paying my loans this whole time?

Where did we come up with the idea that all students loans should just be forgiven lol

Student loan forgiveness that isn't explicitly tied to legislation to address the underlying causes is just a giant waste of everybody's time.

"Considering"

So basically payments are definitely starting February

Where did we come up with the idea that all students loans should just be forgiven lol

so am I supposed to be getting a tax credit or something if I've been paying my loans this whole time? Navient didn't put shit on hold

Because college is a scam and fucking something has to be done about it

1979: Guaranteed Student Loan Improvement Act of 1979
1992: William D. Ford Act Federal Direct Loan Program
2003: Reauthorization of the Higher Education Act of 1965

Easy money made it easier for schools to jack up tuition.
https://www.forbes.com/sites/prestoncooper2/2017/02/22/how-unlimited-student-loans-drive-up-tuition/

Yes, ideally some policy to curb tuition costs would go hand in hand with debt relief for the people who already got scammed

Yes, ideally some policy to curb tuition costs would go hand in hand with debt relief for the people who already got scammed

Zero out interest indefinitely.
Shift aid from loans to straight-up grants.
Tighten down loan limits.
Remind everyone that the Peace Corps exists, and maybe add several more "do this shit and we'll cancel your loans" service programs.

Even partial student loan forgiveness would probably be one of the biggest economic stimuli I've seen in my lifetime

Everything about it makes sense but still won't happen

The people who have been scammed are already being refunded.And curbing tuition costs should be the priority. Otherwise we'll be back here again in 5 years time.

If we go down the grant route then the qualifying criteria needs to be massively raised if the government and taxpayers are going to be paying.

The people who have been scammed are everyone who has been to college for the past three decades

Everyone huh?
Yeah pointless engaging with you in this topic.