The tuition fees for Cock Blockula's oldest son was half of what was charged to me through the Parent Plus loan used for his living expenses.
Having learned that hard lesson, younger son was on the pay as you go parent plan from my monthly paycheck.
Now that monthly paycheck is Social Security and a small pension, I, also too, will be seeking relief.
It's not just the tuition. Rents around colleges are fucking outrageous. However, I can understand why since many students are pigs and leave their landlords damage and revolting messes to clean up.
Allow for payment in kind via community service/pro bono work. Admittedly it’d be rife with fraud, but that’s how you know it’s a viable government initiative
While I can see the appeal, it would be difficult for some of those needing relief the most to take advantage of: people with disabilities, single parents, people with transportation issues, and those working multiple jobs to make ends meet.
Even needing student loans in the first place is utter BS.
Free college was the norm and seen as a public good. Rockefeller and Reagan were instrumental in ending free college in America, along with many others.
I'm whole heartedly pro-student debt cancellation, and my only criticism is that it doesn't touch that underlying problem, which is the skyrocketing cost of attending. It has been caused by 40+ years of less and less government funding for colleges + bloated administrations that realized they can charge whatever if people are taking out federally-backed loans to pay for it. If the student can't pay off the debt, what the hell do the schools care? They got their money.
We need to tackle ballooning tuition payments and predatory lending practices, or else we'll just need another round of cancellations every five years or so.
Here's hoping this has some impact. For my part, I do sincerely thank Joe Biden for extending the pause on interest rates. I am paying back the daughter's student loans, and have been able to pay them down throughout the pause. The interest pause saved us a boatload of money.
Me too. I am in too high an income bracket to qualify for Income Driven Repayments, so starting next month its an additional $350 a month I will have to pay. I don't make enough money to absorb an additional $350 a month in bills, but I make too much to get anything taken off.
I live in this grey area where apparently I should be able to pay the full amount, but in actuality I really can't.
Me too, although my payment is around $150. I don't qualify for anything because my income is barely at the threshhold for single people. And what really sucks is they don't differentiate between people who live in, say Los Angeles, like I do, or Boston or some other place with a high cost of living - and places where the cost of living is much less. You can't just use a generic chart for these things, but that's what they're doing.
Updated with a screenshot of an excellent section from the application form, which asks for personal narrative:
"Finally, set aside the legal mumbo-jumbo. Who cares what the Department of Education's categories are? How have student loans fucked up your life? Feel free to let loose. The people responsible for collecting your loans should know what they're doing to you.
I hope that we won't hear too much complaining about the payments being restarted.
It was clear - or at least it was if you were paying attention - that it was a TEMPORARY pause and not a permanent end. You should never assume that when your local loan shark does you a solid and gives you a pass on your April payment that he'll let you skip the May one, too....
Goddamn right we are going to complain, because student loan debt is an insurmountable burden on people. We SHOULD complain, and loudly, until the problem is addressed in a meaningful fashion. Not because payments are restarting per se, but because student loan debt is an insurmountable burden on people.
Unfortunately my first thought on reading this was, “If they’re providing this service for free, they are obviously either selling your email address to Nigerian princes, or they are collecting your social security number to impersonate you.” Hope I’m wrong, but that’s where the intertubes have left me.
The Debt Collective has been around for a while, and while I didn't go through the form to the end, the bits I looked at didn't ask for any sensitive information beyond name, address, email, phone — no SSN or banking info.
I was kinda kidded for going to college when I did. I was told to learn a skill. Bricklayers, electricians, plumbers, steam fitters, warehouse, shippers, mechanics, factory workers of all kinds made good money then.
Wives could stay home and take care of bratty kids.
Education and business paid little, considering the time you had to put in. Or love it.
But I went anyway. For 2 main reasons.
No one knew where the War in Vietnam was headed. Would it get bigger to include Korea, China, or weirdly even Russia?
If it did I wanted to go in as an officer with a degree, not cannon fodder.
I am not a real big and strong guy. I would not be able to do physical jobs after 40.
But there's nothing more American than taking on an insurmountable debt to buy something necessary to your life for which you will get very little in return while the grifters selling it to you pocket millions and invest even more money in profiting off of the bodies of minorities.
Got mine forgiven. All $32k plus remaining.
The tuition fees for Cock Blockula's oldest son was half of what was charged to me through the Parent Plus loan used for his living expenses.
Having learned that hard lesson, younger son was on the pay as you go parent plan from my monthly paycheck.
Now that monthly paycheck is Social Security and a small pension, I, also too, will be seeking relief.
It's not just the tuition. Rents around colleges are fucking outrageous. However, I can understand why since many students are pigs and leave their landlords damage and revolting messes to clean up.
Allow for payment in kind via community service/pro bono work. Admittedly it’d be rife with fraud, but that’s how you know it’s a viable government initiative
While I can see the appeal, it would be difficult for some of those needing relief the most to take advantage of: people with disabilities, single parents, people with transportation issues, and those working multiple jobs to make ends meet.
Even needing student loans in the first place is utter BS.
Free college was the norm and seen as a public good. Rockefeller and Reagan were instrumental in ending free college in America, along with many others.
I'm whole heartedly pro-student debt cancellation, and my only criticism is that it doesn't touch that underlying problem, which is the skyrocketing cost of attending. It has been caused by 40+ years of less and less government funding for colleges + bloated administrations that realized they can charge whatever if people are taking out federally-backed loans to pay for it. If the student can't pay off the debt, what the hell do the schools care? They got their money.
We need to tackle ballooning tuition payments and predatory lending practices, or else we'll just need another round of cancellations every five years or so.
And the cost of sportsball.
Here's hoping this has some impact. For my part, I do sincerely thank Joe Biden for extending the pause on interest rates. I am paying back the daughter's student loans, and have been able to pay them down throughout the pause. The interest pause saved us a boatload of money.
Thanks, Joe!
I got the balance of my loans forgiven. Thanks Uncle Joe!
There were only two payments remaining, but at least that's beer money.
Ooh, I gotta send this one to Younger Child. Even tho they may well be doing better than dear old maa at this point, they're not doing THAT well.
And some people say we are in the worst timeline. Nonsense; we are in interesting times.
Did it. Fingers crossed.
Me too. I am in too high an income bracket to qualify for Income Driven Repayments, so starting next month its an additional $350 a month I will have to pay. I don't make enough money to absorb an additional $350 a month in bills, but I make too much to get anything taken off.
I live in this grey area where apparently I should be able to pay the full amount, but in actuality I really can't.
Oh well, this is just me whining at this point.
Me too, although my payment is around $150. I don't qualify for anything because my income is barely at the threshhold for single people. And what really sucks is they don't differentiate between people who live in, say Los Angeles, like I do, or Boston or some other place with a high cost of living - and places where the cost of living is much less. You can't just use a generic chart for these things, but that's what they're doing.
Updated with a screenshot of an excellent section from the application form, which asks for personal narrative:
"Finally, set aside the legal mumbo-jumbo. Who cares what the Department of Education's categories are? How have student loans fucked up your life? Feel free to let loose. The people responsible for collecting your loans should know what they're doing to you.
How have student loans fucked up your life?"
I hope that we won't hear too much complaining about the payments being restarted.
It was clear - or at least it was if you were paying attention - that it was a TEMPORARY pause and not a permanent end. You should never assume that when your local loan shark does you a solid and gives you a pass on your April payment that he'll let you skip the May one, too....
Goddamn right we are going to complain, because student loan debt is an insurmountable burden on people. We SHOULD complain, and loudly, until the problem is addressed in a meaningful fashion. Not because payments are restarting per se, but because student loan debt is an insurmountable burden on people.
Unfortunately my first thought on reading this was, “If they’re providing this service for free, they are obviously either selling your email address to Nigerian princes, or they are collecting your social security number to impersonate you.” Hope I’m wrong, but that’s where the intertubes have left me.
The Debt Collective has been around for a while, and while I didn't go through the form to the end, the bits I looked at didn't ask for any sensitive information beyond name, address, email, phone — no SSN or banking info.
It is good to be cautious. No one sells gold mines at bargain basement prices.
I was kinda kidded for going to college when I did. I was told to learn a skill. Bricklayers, electricians, plumbers, steam fitters, warehouse, shippers, mechanics, factory workers of all kinds made good money then.
Wives could stay home and take care of bratty kids.
Education and business paid little, considering the time you had to put in. Or love it.
But I went anyway. For 2 main reasons.
No one knew where the War in Vietnam was headed. Would it get bigger to include Korea, China, or weirdly even Russia?
If it did I wanted to go in as an officer with a degree, not cannon fodder.
I am not a real big and strong guy. I would not be able to do physical jobs after 40.
So I would go into business and put in the time.
That's what I did.
Lucky that college was cheap.
OT: OK, OK, I edited the headline just a tad...
𝗧𝗿𝘂𝗺𝗽 𝗹𝗮𝘄𝘆𝗲𝗿𝘀 𝗱𝗲𝗺𝗮𝗻𝗱 𝗮 𝗱𝗲𝗹𝗮𝘆 𝗶𝗻 𝗘. 𝗝𝗲𝗮𝗻 𝗖𝗮𝗿𝗿𝗼𝗹𝗹 𝗰𝗮𝘀𝗲 𝘀𝗼 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻 𝗺𝗮𝗸𝗲 𝘂𝗽 𝘀𝗼𝗺𝗲 𝗿𝗮𝗻𝗱𝗼𝗺 𝗶𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗯𝘂𝗹𝗹𝘀𝗵𝗶𝘁
https://www.rawstory.com/trump-e-jean-carroll-immunity/
But there's nothing more American than taking on an insurmountable debt to buy something necessary to your life for which you will get very little in return while the grifters selling it to you pocket millions and invest even more money in profiting off of the bodies of minorities.
The whole system is just so fucked up.
and so easy to fix.
make education and health care free at point of use.
Tax appropriately by income.
Fuck the rich.
Woops, I mean tax the rich.