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Here's What I'm Doing With My $6,000 Student Loan Refund
CNET ^ | Courtney Johnston headshot Courtney Johnston Dec. 29, 2022

Posted on 01/28/2023 7:58:36 PM PST by 11th_VA

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Wait - the checks were ALREADY sent !?!?!?
1 posted on 01/28/2023 7:58:36 PM PST by 11th_VA
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To: 11th_VA
Why are they getting cash that they can blow instead of gov't paying off the load directly?
Why are working people paying for degrees that did not result in a paid job?

2 posted on 01/28/2023 8:04:57 PM PST by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: 11th_VA

Well, it appears that much like the “rent assistance” programs, the funds are going to go to the debtor rather than the creditor. This should work out well!

Also, how in the heck is the scenario in this article allowed to happen? Who authorized the treasury to “refund” such monies? Regardless, of Biden’s Twitter account statements, this was never actually authorized by anyone with the Constitutional authority to do so.


3 posted on 01/28/2023 8:13:24 PM PST by CFW (old and retired)
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To: 11th_VA

Spend it, sweetie, go to Disneyland!


4 posted on 01/28/2023 8:19:24 PM PST by bigbob
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To: 11th_VA

Vegas is waiting.


5 posted on 01/28/2023 8:24:05 PM PST by Mark (DONATE ONCE every 3 months-is that a big deal?)
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To: 11th_VA

Send it to the IRS as estimated tax payment.

They’re paying a higher interest rate than banks on excess payments/delayed refunds.


6 posted on 01/28/2023 8:32:43 PM PST by lightman (I am a binary Trinitarian. Deal with it!)
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To: 11th_VA

I don’t think that is what he is saying.

He seems to be saying that he hopes to get $20,000 in relief, which is the maximum allowable, BUT he had only owed $14,000, so he asked for a $6,000 “refund” FROM THE LENDER, NOT FROM THE GOVERNMENT, to get his debt back up to $20,000, which he hopes the government will eventually pay off in full.

How he is able to do that I don’t know. I would think that as you pay your balance down you aren’t going to be allowed to ask for any of your payments back, but that seems to be what he did.


7 posted on 01/28/2023 8:48:07 PM PST by Flash Bazbeaux
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To: 11th_VA

That sounds crazy. I hadn’t heard anything about “refunds.”


8 posted on 01/28/2023 9:00:35 PM PST by Vermont Lt
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To: 11th_VA
Suppose back in the early 1980's someone borrowed $36,000 and the spouse borrowed $12,000, and they also both worked while going to school, to pay for their college and professional educations, and they paid it all back with interest (as they recall, in the 7-8 % range).

So, how much would that be in today's dollars, and when do they get their refunds?????

So they can pay for the refunds and forgiveness going to millennial and younger whiny losers, of course.

Asking for a friend.

9 posted on 01/28/2023 9:15:41 PM PST by Notthemomma ( )
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To: 11th_VA

I thought the giveaway was held up in court. I mean, a plumber’s daughter should not be forced to pay for the college education of a lawyer’s son.

If they paid her money and she hasn’t spent it already, she’s one of the few. Most will say, “I can’t give it back because I already spent it”.


10 posted on 01/28/2023 9:21:53 PM PST by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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To: 11th_VA


11 posted on 01/28/2023 9:27:10 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Flash Bazbeaux
Further research:

Student Loan Refund Checks Are In the Mail for Anyone Who Paid During the COVID-19 Moratorium

Some checks are starting to be sent to certain student loan borrowers even though, as result of a court order, the Biden administration is temporarily blocked from processing debt discharges.

Bloomberg reported that checks are being sent to borrowers who paid down their student loans after the pandemic pause took effect in March 2020. Despite the pandemic pause, an estimated 8.8 million people made at least one payment between March 2020 and December 2021, Bloomberg added.

As part of the student loan forgiveness plan, there is a clause specifying: “If you made voluntary payments during the payment pause — from March 13, 2020, through Dec. 31, 2022 — and your current loan balance is below the amount of debt relief you’ll receive, after you successfully apply for and receive debt relief under the Administration’s debt relief plan, we’ll automatically refund the amount you paid during the payment pause (only up to the remaining amount of your eligible debt relief),”…

Yahoo News:

https://www.yahoo.com/video/student-loan-refund-checks-mail-151622385.html

12 posted on 01/29/2023 4:50:47 AM PST by 11th_VA (XX < > XY)
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To: 11th_VA

So you aren’t using it to PAY BACK THE REMAINDER OF YOUR FREAKING LOAN?


13 posted on 01/29/2023 6:10:38 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: CFW

“Also, how in the heck is the scenario in this article allowed to happen? Who authorized the treasury to “refund” such monies? “

Ready. Fire! Aim. This is before SCOTUS now. It will be deemed unconstitutional, but in the interim it drained ever more funds from the treasury. We are being bankrupted as part of Cloward-Piven, which will result in anarchy and the eventual takeover of America by the WEF and UN.


14 posted on 01/29/2023 6:16:20 AM PST by EQAndyBuzz (“Racist” is the new “Nazi”.)
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To: EQAndyBuzz
This is all part of the going-out-of-business sale for the USA.

When whites become a minority, the USA will end officially.

Until then, everything must go!

15 posted on 01/29/2023 6:27:43 AM PST by TimSkalaBim
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To: 11th_VA

Who gave that Nazi bass turd in the White Hut authorization to start sending out this free money? FJB needs to be in jail!


16 posted on 01/29/2023 6:42:01 AM PST by FlingWingFlyer (Spay and neuter your "migrants" and liberals.)
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To: TimSkalaBim

Dream on. Caucasians will never become a minority, won’t happen no matter how hard they try.

Every time a darker skinned person procreates with a Caucasian the offspring becomes less Caucasian and less darker and they are a different race. Things aren’t always like they say.

I’m tired of hearing about people trying to remove Caucasian people from the planet and stupid people believing that there’s a chance of that happening.

Do these well known Mulatto folks look like the Caucasian race can be exterminated?

https://brightside.me/wonder-people/21-mixed-race-celebs-who-totally-rock-their-genes-743560/

I think not. This should be celebrated not condemned.


17 posted on 01/29/2023 6:43:01 AM PST by bigfootbob (Arm Up and Live Free!)
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To: 11th_VA

Aw hell. Go ahead and spend it. You earned it after electing that crap in the District of Corruption that’s running our so-called government and bankrupting the country.


18 posted on 01/29/2023 6:50:27 AM PST by FlingWingFlyer (Spay and neuter your "migrants" and liberals.)
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To: 11th_VA

When the price of gas goes up, the far-left bass turds are quick to blame the oil companies. Why is it that nobody blames the dumpy “colleges and universities” for the outrageous cost of attending their prostitutions of “higher” education party schools and goofy courses.


19 posted on 01/29/2023 7:03:41 AM PST by FlingWingFlyer (Spay and neuter your "migrants" and liberals.)
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To: 11th_VA

This maybe one of the reasons the Brandon administration keeps extending the Covid emergency and the student loan freeze. The student loan freeze has been extended to May..


20 posted on 01/29/2023 7:18:05 AM PST by EVO X ( )
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