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I gotcha.
There will definitely be lawsuits over this and whether Joe actually has the power to wipe these off the books.
I just paid off my mortgage and CC’s. Can I get 10k for my retirement since I chose to be debt free?
of course it did, but it was lawyer lingo. props for that, but my whole point was $10,000 is $10,000. you watered it down with the expense cost of paying off private loans so a no go. fine, let's pay off kids car loans up to $10,000 but deduct $2000 in administration costs. so they get $8000.00. bingo.
I'm not in favor of loan forgiveness.* I just busted my butt to pay off $110k without ever missing a payment and, perhaps irrationally, I'd be relatively annoyed right now if my colleague who found every reason in the book to defer got hers forgiven.
This is horrible.
It may be irrational, but I strongly disagree with your descriptors. Surely you can at least see and appreciate where the sentiment comes from, no?
Sourcing Tik Tok isnt the worst the news done
No I can't. Life isn't fair. I am liberal as they come, but it is lazy and whiney. Sometimes things work out for you and sometimes they don't and a lot of the time the issue is timing.
How about "sign an agreement, live up to your agreement?"
Ah. I get you now. It's cool.
When I have to pay money for someone else's decision, I feel like I can complain about it however I want to.
The problem of pointing out a broken system?
Lol. The "government" just decided on their own to cancel student debt? Who is it lobbying the politicians?
That'd be racist...
It's the government. Of course, this solution means/does very little long term if they don't make loans ones that people can file for bankruptcy on. This will continue to happen over and over and over again. A great man people in this country shouldn't be granted these loans, but the fact that they are basically guaranteed money to the government keeps them from rejecting those they should be.
I'd support that if it came with free or significantly low cost state higher education options. Without that, it will just continue to push the cost of higher education higher and higher, which is what caused this problem in the first place.
petition to get Biden to cancel 10 strokes off that round
Then respectfully you should duck out of this issue as any input you provide will be discredited by a lack of empathy and understanding.
But maybe he pulled a Trump and cheated each hole??
Interesting and novel take here
Out-of-pocket cost reduction is already happening. You just don't necessarily see it on the sticker price. I don't recall reviewing the data within the last few years, largely because I don't think it'll be meaningful until we've had at least a couple years post covid, but any recent out-of-pocket increases were primarily related to room & board and if anything tuition was going the other way. From what I'm seeing across the industry I'll be shocked if both of those trends don't become even more pronounced over the next few years.
This attitude ONLY makes sense if the award certain people get doesn't cost others. Cancelling debt costs everyone something because it inherently reduces the value of the U.S. dollar, thereby raising inflation.
Like I said....
The bold genuinely confuses me. You may disagree with the sentiment and find it irrational, but to be "bothered" by it suggest just a fundamental lack of understanding and empathy.
That's not the issue. And one could be empathetic to both sides of the coin here. Speaking for myself, I see both sides of the argument for sure.
