Posted on 03/09/2022 9:59:02 AM PST by BenLurkin
Under the Public Service Loan Forgiveness program, eligible borrowers were promised that their student loan debt would be canceled after they pay on the debt over the course of 10 years. Since it was established nearly 15 years ago, only a small portion of people who qualified for the program was granted forgiveness prior to 2021, the news outlet noted.
Over 90 percent of applicants to the program have been rejected.
The Biden administration widened eligibility requirements for the program temporarily last year after borrowers complained that they discovered they were ineligible for the program after they had already repaid their loans for at least a decade.
(Excerpt) Read more at ktla.com ...
So this is cancelling student of government workers? Am i reading that correct? what a racket
The Squad will be first in line.
The USA, China, Russia are all converging on one model of statist/fascist, central-planning, controlled-capitalist, social media / social control method of government. All the tools and appearances are similar - it will only be a matter of degrees of difference.
Maybe good news for the school nurse?
Can I have the $25,00 I paid off back?
LOL, I just read that thread.
deadbeats
100,000 permanent democrat voters, right?
Two months from now, there will be another 200,000. Then two months later....
100,000 permanent democrat voters, right?
Two months from now, there will be another 200,000. Then two months later....
81 million?
No she made no payments so she is awaiting the next plan.
How bout all the car debt and mortgages?
No, if I understand it right.
There was a government program that promised students if they worked in certain low income areas. Not government workers per se, but I think Teachers may have been the most affected. That their loans would be cancelled after 10 years.
But the government program was really screwed up, and few of the people who were admitted actually had their loans forgiven. Usually they were rejected on minor technicalities.
Basically the government screwed these people, because the loan applicants kept their end of the bargain, and government reneged on their end.
Crank-up the money printing presses; everything will be alright.
i bet the majority of forgiven debt will be minorities or muslim students or both
Or SNAP ON tool truck debt!!!!!!?
Wait for inflation to eat up the money and you can pay it all back with one paycheck in “New Dollars” (The colorful ones with MLK on the Thousand dollar bill). But remember the Big Mac will be forty dollars. Fries, with fifty. Gas $100 a Gallon. We all will be millionaires!.
Wait for inflation to eat up the money and you can pay it all back with one paycheck in “New Dollars” (The colorful ones with MLK on the Thousand dollar bill). But remember the Big Mac will be forty dollars. Fries, with fifty. Gas $100 a Gallon. We all will be millionaires!.
DeLauro Introduces Government Funding Legislation
The summary of what they'll readily admit to is bad enough. God knows what they're hiding in the other almost 3,000 pages.
If the RCV legislation is in there, they're not willing to be upfront about it.
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