This does not merely involve numbers, or financial relief. My 20-year marriage almost came undone over my husband's loan balance--the fact that despite his claim to be making payments, it continued to balloon well beyond the original balance he had told me.
I thought he had lied originally--that he owed far more than he let on. Having paid my own, much smaller loan off in the 1980s, I failed to grasp the state of the current college loan swindle. In fact he was struggling to keep up with the mounting interest...which seemed to accrue even while he was in grad school. How could you owe more after two decades? I wondered. Now I get it.
Did Joe Biden single-handedly save our marriage? Of course not. But the pressure that came off when my husband's loans finally got forgiven? As any couple knows, feelings fester over time. This beautifully designed program has allowed us to focus on other goals, like purchasing our first new home. All Americans deserve chances like this.
I'm playing catch-up this morning on about seven or eight articles and replies (kitchen remodeling takes up more of my day than I would like it to) so I don't have time to peruse everyone's thoughts. So here's mine: are Republicans so intent on killing Old Handsome Joe's student loan programs because they would hurt more Democrats than Republicans? I would think it's fair to say that a lot of Donnie's cult members are not college-educated (and if they were, it was probably back in the days when tuition costs were the equivalent of the spare change you find in the couch cushions)? I can't imagine that Cletus Singewide from Bumfuck, Redstate, would have any college debt; the only educational debt they may have is an outstanding school lunch bill from when they dropped out in the ninth grade back in 1996.
ou just created a lot of chaos and made life measurably more uncertain for millions of borrowers who anticipated lower payments and eventual loan forgiveness.
Feature not a bug. They WANT americans to hurt and be hurt, so they can blame it all on Biden.
Sad to say it is working also. Mine own youngest, who is not a totally unaware young, has started parroting some stupid shit about how Biden has not done all he could do and that is why we ain't got the nice things.
Not a damn word about how Republicans are blocking everything on spurious grounds all over the place. I had to inform him of that.
Of course this is all made worse by the imminent disaster (for regular folks who are not billionaires, but generally also for everyone, unless / until the billionaires can buy a new planet without Don't Look Up monsters who eat them) that the Chevron decision represents
Andrew Bailey is the latest in a line of POS AGs we've had to endure here in Missouri, following in the dubious shoes of our now senators Hawley and Schmitt (Tweedlerun and Tweedledipshit). He may be the most mean-spirited of the bunch. Hopefully my fellow Missourians will finally wake up and help yeet him in November, but I won't hold my breath.
Simple solution for free college., incorporate undergrad or at least junior college into the public school system. K-12 is from 1930 Make it K-14 or K-16
A state agency (MOHELA) which exists to enable the process of people paying back their student loans, is HARMED by not being able to collect fees while people pay back their loans. Given, some of the money they collect apparently goes to fund some sort of scholarships, but I’d be willing to bet they account for a fart in a hurricane when it comes to the entire Missouri education spending. However, while digging around in their website (motto: “Missouri Higher Education Loan Authority - committed to excellent student loan servicing and helping families successfully repay student loans”) I found that they also service “CASHloans,” which they own. AND they have a section on their website linking to “Investor Information.” So my smart money says they are a CASHcow for the state, raking in loan repayments for their investors, and that’s who is “harmed.”
As always, when one sees an official action that doesn't make a lot of sense on the face of it, look for the money. The state of Missouri has their hand in the till. Who pays Eastern District of Missouri District Judge John A. Ross?
So what if Ross was appointed by President Obama, and Missouri Attorney General Andrew Bailey was anointed by Satan. They work for the same company. They get paid out of the same account.
Many of the arguments against reining in the outrageous and exclusionary costs of higher education boil down to, interests with ties to various units of government and the Finance sector might lose their grift and have to find honest work doing something more productive than leeching off of students.
The money angle was key to the deal struck between Higher Education, Big Business, the Finance sector, and state and federal government in the mid-'70s. A lot of colleges were built to serve the demographic bulge of the Baby Boom. Many faced closure when the "Baby Bust" hit. So, colleges decided to offer vocational degrees. Employers agreed to only hire applicants who had those degrees, eliminating their costs of on-the-job training. The Finance sector got to loot a captive audience. The governments, state and local, backed the transactions, eliminating risk for Finance.
Nice grift. As always in cartel/oligarchy arrangements, costs skyrocket; quality plummets; and the middle class ends up footing the bill.
And now judges want to make damn sure the racket remains in operation.
They do not work for the same company...Missouri Attorney General Andrew Bailey is a state employee, while ED Missouri District Judge John A. Ross is a federal employee, part of the judicial branch.
Of course this is all made worse by the imminent disaster (for regular folks who are not billionaires, but generally also for everyone, unless / until the billionaires can buy a new planet without Don't Look Up monsters who eat them) that the Chevron decision represents
And they've been holding onto that sucker for at least five months
This does not merely involve numbers, or financial relief. My 20-year marriage almost came undone over my husband's loan balance--the fact that despite his claim to be making payments, it continued to balloon well beyond the original balance he had told me.
I thought he had lied originally--that he owed far more than he let on. Having paid my own, much smaller loan off in the 1980s, I failed to grasp the state of the current college loan swindle. In fact he was struggling to keep up with the mounting interest...which seemed to accrue even while he was in grad school. How could you owe more after two decades? I wondered. Now I get it.
Did Joe Biden single-handedly save our marriage? Of course not. But the pressure that came off when my husband's loans finally got forgiven? As any couple knows, feelings fester over time. This beautifully designed program has allowed us to focus on other goals, like purchasing our first new home. All Americans deserve chances like this.
I'm playing catch-up this morning on about seven or eight articles and replies (kitchen remodeling takes up more of my day than I would like it to) so I don't have time to peruse everyone's thoughts. So here's mine: are Republicans so intent on killing Old Handsome Joe's student loan programs because they would hurt more Democrats than Republicans? I would think it's fair to say that a lot of Donnie's cult members are not college-educated (and if they were, it was probably back in the days when tuition costs were the equivalent of the spare change you find in the couch cushions)? I can't imagine that Cletus Singewide from Bumfuck, Redstate, would have any college debt; the only educational debt they may have is an outstanding school lunch bill from when they dropped out in the ninth grade back in 1996.
Was thinking the same thing.
ou just created a lot of chaos and made life measurably more uncertain for millions of borrowers who anticipated lower payments and eventual loan forgiveness.
Feature not a bug. They WANT americans to hurt and be hurt, so they can blame it all on Biden.
Sad to say it is working also. Mine own youngest, who is not a totally unaware young, has started parroting some stupid shit about how Biden has not done all he could do and that is why we ain't got the nice things.
Not a damn word about how Republicans are blocking everything on spurious grounds all over the place. I had to inform him of that.
Of course this is all made worse by the imminent disaster (for regular folks who are not billionaires, but generally also for everyone, unless / until the billionaires can buy a new planet without Don't Look Up monsters who eat them) that the Chevron decision represents
https://thehill.com/regulation/court-battles/4739844-supreme-court-chevron-doctrine-federal-agency-powers/
And SCOTUS has been holding onto that sucker for at least five months
https://youtu.be/P6fH_nQOg24?si=Qb44bCW-tB-xVVop
This sure sounds like an activist judge to me.
Ta, Dok. Fucking judges.
It's hard for me to comprehend why anyone other than racist sexist bigots vote gop.
Andrew Bailey is the latest in a line of POS AGs we've had to endure here in Missouri, following in the dubious shoes of our now senators Hawley and Schmitt (Tweedlerun and Tweedledipshit). He may be the most mean-spirited of the bunch. Hopefully my fellow Missourians will finally wake up and help yeet him in November, but I won't hold my breath.
Lukas Kunce is running against Hawley -- who lives in VIRGINIA -- in November
He's an ex-Marine and an honest dude and not a fascist like Hawley and people should vote for him
Already made a donation and have a yard sign :)
Simple solution for free college., incorporate undergrad or at least junior college into the public school system. K-12 is from 1930 Make it K-14 or K-16
Cuts to state funding of public universities is one reason for those schools to raise tuition. I don’t know how to fix it.
The tort here is "some of those students are libruls and that makes me FEEL BAAAAAAD."
College increases the possibility of someone becoming a Librul. That's why wingers hate it.
A state agency (MOHELA) which exists to enable the process of people paying back their student loans, is HARMED by not being able to collect fees while people pay back their loans. Given, some of the money they collect apparently goes to fund some sort of scholarships, but I’d be willing to bet they account for a fart in a hurricane when it comes to the entire Missouri education spending. However, while digging around in their website (motto: “Missouri Higher Education Loan Authority - committed to excellent student loan servicing and helping families successfully repay student loans”) I found that they also service “CASHloans,” which they own. AND they have a section on their website linking to “Investor Information.” So my smart money says they are a CASHcow for the state, raking in loan repayments for their investors, and that’s who is “harmed.”
“Saving on a Valuable Education” (SAVE)
I get irrationally angry about acronyms that spell out the thing the first letter stands for.
And yes, that was a dangling participle just now. You got a problem?
Expect a visit from GPF (Grammar Police Force)
Well..
As always, when one sees an official action that doesn't make a lot of sense on the face of it, look for the money. The state of Missouri has their hand in the till. Who pays Eastern District of Missouri District Judge John A. Ross?
So what if Ross was appointed by President Obama, and Missouri Attorney General Andrew Bailey was anointed by Satan. They work for the same company. They get paid out of the same account.
Many of the arguments against reining in the outrageous and exclusionary costs of higher education boil down to, interests with ties to various units of government and the Finance sector might lose their grift and have to find honest work doing something more productive than leeching off of students.
The money angle was key to the deal struck between Higher Education, Big Business, the Finance sector, and state and federal government in the mid-'70s. A lot of colleges were built to serve the demographic bulge of the Baby Boom. Many faced closure when the "Baby Bust" hit. So, colleges decided to offer vocational degrees. Employers agreed to only hire applicants who had those degrees, eliminating their costs of on-the-job training. The Finance sector got to loot a captive audience. The governments, state and local, backed the transactions, eliminating risk for Finance.
Nice grift. As always in cartel/oligarchy arrangements, costs skyrocket; quality plummets; and the middle class ends up footing the bill.
And now judges want to make damn sure the racket remains in operation.
They do not work for the same company...Missouri Attorney General Andrew Bailey is a state employee, while ED Missouri District Judge John A. Ross is a federal employee, part of the judicial branch.
Just sayin.
succinctly put
Enemies of education do what now?
/FFS
bIDEN hASN'T dONE aNYtHINg ON sTUDNET dEBT! tHAT'S wHY i'M VOTING fOR bR0THER cORNELL
Of course this is all made worse by the imminent disaster (for regular folks who are not billionaires, but generally also for everyone, unless / until the billionaires can buy a new planet without Don't Look Up monsters who eat them) that the Chevron decision represents
And they've been holding onto that sucker for at least five months
https://youtu.be/P6fH_nQOg24?si=Qb44bCW-tB-xVVop