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DoE Moves to End PSLF (including retroactive)

lol, same shit will happen to IBR/PAYE. No way the governme...
adventurous idea he suggested locus
  05/18/17
180 MAGA. Get the government out of the student loan lendin...
comical flesh plaza private investor
  05/18/17
The article didn't say they are getting out of the student l...
adventurous idea he suggested locus
  05/18/17
got to start somewhere. i paid back $270k in student loa...
comical flesh plaza private investor
  05/18/17
Cr
Supple amber menage pervert
  05/18/17
Just lend people nondischargeable sums of money in exchange ...
slippery nighttime crackhouse
  05/18/17
People have the right to their BA in Gender Studies. Do you...
Maize Soul-stirring Kitchen
  05/22/17
their parents. if their parents cant afford it, they should...
comical flesh plaza private investor
  05/22/17
CR Also literal retards (down syndrome kids) are getting ...
Jade ungodly tank faggotry
  05/22/17
good. fuck them. you shouldnt get your loans paid bc you wor...
shaky mauve site
  05/18/17
link to retroactive
Aphrodisiac sandwich psychic
  05/18/17
em to take effect. It's unclear whether the Trump adminis...
hairraiser insane area
  05/18/17
...
costumed pistol house
  05/21/17
This is just a summation of the same wapo story. No mention ...
Tan whorehouse immigrant
  05/22/17
lol, ok, i'm sure it's just coincidence that this is on the ...
adventurous idea he suggested locus
  05/22/17
PAYE isn't going anywhere
ruby mind-boggling feces trailer park
  05/22/17
YEEESSSS Sorry, you educated derelicts. It's either me or...
Razzle-dazzle Son Of Senegal
  05/22/17
I don't like PSLF, but you can't pull it out from people who...
Charismatic Stage Voyeur
  05/22/17
remember nearly 95% of those people voted for Hillary he'...
Spruce Nursing Home
  05/22/17
...
Maize Soul-stirring Kitchen
  05/22/17
*trump tokyo drifts an 18 wheeler over libs*
motley fishy school coldplay fan
  05/22/17
can and will
adventurous idea he suggested locus
  05/22/17
Lol so glad i paid off my own loans with my own blood, sweat...
Jade ungodly tank faggotry
  05/22/17


Poast new message in this thread



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Date: May 18th, 2017 6:40 PM
Author: adventurous idea he suggested locus

lol, same shit will happen to IBR/PAYE. No way the government takes all this unpaid student loan debt on the chin.

http://money.cnn.com/2017/05/18/pf/college/betsy-devos-public-service-loan-forgiveness/index.html

More than 400,000 student loan borrowers may have placed their faith in a government program with an uncertain future.

The Public Service Loan Forgiveness Program promises to cancel any remaining student debt for those who work for the government or nonprofits if they have been making on-time payments for 10 years. Many teachers, public defenders, Peace Corps workers, and law enforcement officers fit the qualifications.

This October marks the 10th year of the program and the first time anyone will have made enough payments to get their debt wiped away. It's unclear how much the program will cost the government when its starts to forgive those debts.

The program has been shrouded in some uncertainty for months.

On Wednesday, the Washington Post reported that the Department of Education is planning to propose ending the Public Service Loan Forgiveness Program.

The article was based on budget documents obtained by the Post. A public version of the department's budget is expected to be released next week. Congress would have to approve the department's proposed changes for them to take effect.

It's unclear whether the Trump administration may propose ending the program for future graduates, or end it for those who have already applied and made qualifying payments.

The Department of Education did not respond to CNNMoney's requests for comment, and "had no immediate comment" for the Washington Post.

"It would be absolutely detrimental to those of us who have planned our lives around this program. It would be the equivalent of pulling the rug out from under us," said Daniel J. Crooks III, a government attorney who is expecting loan forgiveness from the public service program in six years.

He currently has more than $300,000 in student debt -- after making payments for the past four years. He's moved states to get a better job that still qualifies him for the debt relief.

Education Secretary Betsy DeVos has said little on the issue of student debt. She praised President Trump's "skinny" blueprint budget released in March for including an additional $1.4 billion in school choice programs.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33338961)



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Date: May 18th, 2017 6:41 PM
Author: comical flesh plaza private investor

180 MAGA. Get the government out of the student loan lending and forgiving business. Next go after the schools.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33338971)



Reply Favorite

Date: May 18th, 2017 6:45 PM
Author: adventurous idea he suggested locus

The article didn't say they are getting out of the student loan lending business. They are just ending forgiveness so that they have a borrower's entire life to extract repayment.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33338987)



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Date: May 18th, 2017 6:47 PM
Author: comical flesh plaza private investor

got to start somewhere.

i paid back $270k in student loans without a dime from my boomer parents. I would murder anyone taking forgiveness/bailout money and if my taxes went up to fund such forgiveness/bailout, i would mass murder

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339002)



Reply Favorite

Date: May 18th, 2017 6:54 PM
Author: Supple amber menage pervert

Cr

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339042)



Reply Favorite

Date: May 18th, 2017 6:50 PM
Author: slippery nighttime crackhouse

Just lend people nondischargeable sums of money in exchange for a right to receive 10% of their income every year for the rest of their lives! I guess millennials will just have to adjust to a permanent 10% "education tax" on their income.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339019)



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Date: May 22nd, 2017 1:19 PM
Author: Maize Soul-stirring Kitchen

People have the right to their BA in Gender Studies. Do you have a better idea how to finance it?

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366841)



Reply Favorite

Date: May 22nd, 2017 1:27 PM
Author: comical flesh plaza private investor

their parents. if their parents cant afford it, they shouldn't go to college or at least be able to major in BS like gender studies. everyone having a degree just makes more schooling necessary in order to be competitive

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366909)



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Date: May 22nd, 2017 1:31 PM
Author: Jade ungodly tank faggotry

CR

Also literal retards (down syndrome kids) are getting college degrees these days...like what's the point anymore? To make kids feel better while sucking their parents dry? Schools are more corrupt than banks.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366944)



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Date: May 18th, 2017 6:54 PM
Author: shaky mauve site

good. fuck them. you shouldnt get your loans paid bc you work for the fucking government or the clinton foundation.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339044)



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Date: May 18th, 2017 7:19 PM
Author: Aphrodisiac sandwich psychic

link to retroactive

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339189)



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Date: May 18th, 2017 7:21 PM
Author: hairraiser insane area

em to take effect.

It's unclear whether the Trump administration may propose ending the program for future graduates, or end it for those who have already applied and made qualifying payments.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33339200)



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Date: May 21st, 2017 3:37 PM
Author: costumed pistol house



(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33359484)



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Date: May 22nd, 2017 12:57 PM
Author: Tan whorehouse immigrant

This is just a summation of the same wapo story. No mention of applying retroactively.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366624)



Reply Favorite

Date: May 22nd, 2017 1:00 PM
Author: adventurous idea he suggested locus

lol, ok, i'm sure it's just coincidence that this is on the table right before the first borrowers get forgiveness. It's critical that they cut this off before anybody gets forgiveness; otherwise, it will be hard to tell any group that they are the first ones losing their forgiveness.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366653)



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Date: May 22nd, 2017 1:06 PM
Author: ruby mind-boggling feces trailer park

PAYE isn't going anywhere

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366713)



Reply Favorite

Date: May 22nd, 2017 1:08 PM
Author: Razzle-dazzle Son Of Senegal

YEEESSSS

Sorry, you educated derelicts. It's either me or you, and I don't have student loan debt, so, yeah, it's you.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366725)



Reply Favorite

Date: May 22nd, 2017 1:11 PM
Author: Charismatic Stage Voyeur

I don't like PSLF, but you can't pull it out from people who have already graduated and have taken jobs based on its existence.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366757)



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Date: May 22nd, 2017 1:16 PM
Author: Spruce Nursing Home

remember nearly 95% of those people voted for Hillary

he's gotta cut corners somewhere.

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366804)



Reply Favorite

Date: May 22nd, 2017 1:20 PM
Author: Maize Soul-stirring Kitchen



(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366853)



Reply Favorite

Date: May 22nd, 2017 1:37 PM
Author: motley fishy school coldplay fan

*trump tokyo drifts an 18 wheeler over libs*

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33367003)



Reply Favorite

Date: May 22nd, 2017 1:18 PM
Author: adventurous idea he suggested locus

can and will

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366819)



Reply Favorite

Date: May 22nd, 2017 1:18 PM
Author: Jade ungodly tank faggotry

Lol so glad i paid off my own loans with my own blood, sweat and tears

(http://www.autoadmit.com/thread.php?thread_id=3618932&forum_id=2#33366822)