In August, President Biden announced he would provide student debt relief to lower and middle-class borrowers. Under the plan, eligible individuals would get up to $20,000 in student debt canceled if they received Pell Grants and up to $10,000 otherwise. The program is open to individuals who make less than $125,000 annually ($250,000 for married couples). The plan will benefit up to 43 million borrowers, and up to 20 million people will see their loans zeroed out.
I graduated with a BS in Biochemistry in 2006 with $60K in student loan debt. My loans are currently at $90,000. They had ballooned to $130K when I struggled to find decent paying jobs during and after the 2008 recession.
$20K won't eliminate my debt but will help cut out some of the interest that has been eating me alive for almost 20 years now.
Funny how those who have the most in society work so hard to make sure that the rest of us never enjoy such priviledge...
Interesting how the hardworking stiff who payed $130k on a backhoe likely got to write that off as a business expense. Because most hardworking stiffs I know would never qualify for a loan for a $130k backhoe and damn sure don't have the cash. Womp womp
Sorry, troll. I've seen your other comments. Perhaps try finding something better to do with your time?
Kick Frank's fraudulent ass some more N Jay. He needs and truly deserves a bit of pummeling. Perhaps if the heat gets too hot, he'll drag his stinking carcass somewhere else! And if nothing else, we can amuse ourselves while he writhes and wriggles. He calls it fighting back but the troll-ish Frank Lee is the epitome of futility.
Hey N Jay. What's up? We haven't seen Frank's fraudulent ass in quite some time. I use to punish him on the regular. I even went on HIS site to ctique his weak-ass articles.
Now, I feel nostalgic for the famed Florida Lady (FL) Frank Lee with the pungently perfumed possum beneath his/her skirt and that my friend, is YOUR FAULT!!!🤣🤣🤣🤣🤣🤣
You are so cute Adam. Why did your mom give you that biblical name? Seems quite a mismatch given your demonstrated low character and misogynist potty mouth.
Where's you rebuttal for the evidence I presented that the PPP happened under trump's watch, disproving your purposely distorted claim, huh Frank? I may have a "potty mouth" as you say, but I tell the truth and you only lie because you Frank, if I may speak frankly, are a fucking fraud, Frank. I love the alliteration don't you?
PS: I've never made mention of any member of your family in a disparaging manner or at all, and have only centered any rebuttals on you. Now you've just demonstrated low character mister. You known something else Frank? Your initials are the acronym for Fucking Loser! Wonder why that is, huh?
Bested again Frank. Keep on wiggling, You amuse me to no end.
Forum-shopping worked (for the most part) for the Former Guy with respect to Judge Cannon, so I'm guessing that it will now become yet another component of the right wing playbook.
A reminder that conservatives would rather see you get evicted and saddled with debt than see big businesses have to sacrifice profit for the public good. Thanks for helping expose them, Judd!
In other words, it's another bullshit lawsuit by the right wing that can't stand it if someone they think is unworthy gets something. I'm surprised that this right wing front beat Crooked Ken Paxton to the courthouse.
They conduct warfare via legal action against all classes other than their own. Lawfare, I think it is called. They seek to pillage the poor and middle class.
Regardless of the topic, we expect NYT and now CNN to be ‘right enough’ yet incomplete and slanted. Fortunately we can count on Popular Information to investigate and report a complete picture. Thanks as always.
This is just spite on the part of a few excessively wealthy people who are enjoying their oil profits at the nation's expense. The Koch would like to run the world. One of the Koch had a little chat with Putin before Putin jumped into war with Ukraine. (How nice.) I wonder how much the young man who is fronting for them is getting paid, because he IS getting thanked for this somehow. The amount of skullduggery is amazing. What's WRONG with forgiving debt? It's a drop in the bucket to what the large corporations get away with.
Are there any really wealthy people that support anything that might be valuable to people that need help?
This constant abuse of the system by very wealthy individuals is as corrupt , or more corrupt ,
then the most corrupt. That of asking people who have meager means to make sure millionaires and billionaires don’t have to pay even a thousand dollars. Not to anyone other than their own hoarding selves.
Ironic, since this is all of these capitalist pigs and those who preceded them's fault in the first goddamn place. This country has a serious Koch problem and it's long past time for rehab.
Thank you for the revelations about Garrison and Pacific Legal. This scheme should be obvious, I guess, because the key usually comes down to "right wing billionaires." This world must be simply a game to them...with no conscience, no empathy, no depth.
Think of how playing a simple board game as a child (e.g., checkers, Monopoly) was simply about winning...unless you were an adult playing against a very young child.
I graduated with a BS in Biochemistry in 2006 with $60K in student loan debt. My loans are currently at $90,000. They had ballooned to $130K when I struggled to find decent paying jobs during and after the 2008 recession.
$20K won't eliminate my debt but will help cut out some of the interest that has been eating me alive for almost 20 years now.
Funny how those who have the most in society work so hard to make sure that the rest of us never enjoy such priviledge...
With a BS in biochemistry you should have a high-paying career now.
Compound interest is a pain when it is your own debt.
Interesting how the hard working stiff that spends $130k on a backhoe is not getting any help.
Interesting how the hardworking stiff who payed $130k on a backhoe likely got to write that off as a business expense. Because most hardworking stiffs I know would never qualify for a loan for a $130k backhoe and damn sure don't have the cash. Womp womp
Sorry, troll. I've seen your other comments. Perhaps try finding something better to do with your time?
Kick Frank's fraudulent ass some more N Jay. He needs and truly deserves a bit of pummeling. Perhaps if the heat gets too hot, he'll drag his stinking carcass somewhere else! And if nothing else, we can amuse ourselves while he writhes and wriggles. He calls it fighting back but the troll-ish Frank Lee is the epitome of futility.
Hey N Jay. What's up? We haven't seen Frank's fraudulent ass in quite some time. I use to punish him on the regular. I even went on HIS site to ctique his weak-ass articles.
Now, I feel nostalgic for the famed Florida Lady (FL) Frank Lee with the pungently perfumed possum beneath his/her skirt and that my friend, is YOUR FAULT!!!🤣🤣🤣🤣🤣🤣
Ever notice how Frank Lee rhymes with PUSSY? I wonder why that is?
You are so cute Adam. Why did your mom give you that biblical name? Seems quite a mismatch given your demonstrated low character and misogynist potty mouth.
Where's you rebuttal for the evidence I presented that the PPP happened under trump's watch, disproving your purposely distorted claim, huh Frank? I may have a "potty mouth" as you say, but I tell the truth and you only lie because you Frank, if I may speak frankly, are a fucking fraud, Frank. I love the alliteration don't you?
PS: I've never made mention of any member of your family in a disparaging manner or at all, and have only centered any rebuttals on you. Now you've just demonstrated low character mister. You known something else Frank? Your initials are the acronym for Fucking Loser! Wonder why that is, huh?
Bested again Frank. Keep on wiggling, You amuse me to no end.
I wonder if any MSM will bother to investigate and report on this lawsuit... my guess is that they won't... another great report from popular.info
They might now that PI has exposed the problems w the lawsuit and who’s involved.
I wonder if the transfer from DC to Indiana is so transparent that the judge could sanction this sanctimonious fraud.
Forum-shopping worked (for the most part) for the Former Guy with respect to Judge Cannon, so I'm guessing that it will now become yet another component of the right wing playbook.
Don't wonder Rick. That's exactly what appears to have happened for strategic reasons.
A reminder that conservatives would rather see you get evicted and saddled with debt than see big businesses have to sacrifice profit for the public good. Thanks for helping expose them, Judd!
In other words, it's another bullshit lawsuit by the right wing that can't stand it if someone they think is unworthy gets something. I'm surprised that this right wing front beat Crooked Ken Paxton to the courthouse.
They conduct warfare via legal action against all classes other than their own. Lawfare, I think it is called. They seek to pillage the poor and middle class.
Regardless of the topic, we expect NYT and now CNN to be ‘right enough’ yet incomplete and slanted. Fortunately we can count on Popular Information to investigate and report a complete picture. Thanks as always.
This is just spite on the part of a few excessively wealthy people who are enjoying their oil profits at the nation's expense. The Koch would like to run the world. One of the Koch had a little chat with Putin before Putin jumped into war with Ukraine. (How nice.) I wonder how much the young man who is fronting for them is getting paid, because he IS getting thanked for this somehow. The amount of skullduggery is amazing. What's WRONG with forgiving debt? It's a drop in the bucket to what the large corporations get away with.
Exactly Lynn. And folks with a vested interest like that fraud Frank Lee cheer them on.
Thank you for this report.
The party of no says NO to anything for the common good! Surprised?
Are there any really wealthy people that support anything that might be valuable to people that need help?
This constant abuse of the system by very wealthy individuals is as corrupt , or more corrupt ,
then the most corrupt. That of asking people who have meager means to make sure millionaires and billionaires don’t have to pay even a thousand dollars. Not to anyone other than their own hoarding selves.
Say it louder for the benefit of Frank Lee. He needs to hear the words of real people vs RW pundits and constant misinformation!
Superlative reporting, Judd. This needs
to go to the fear mongering NYTIMES and Washington Post especially. Totally
disgusted with their half truth articles
on the budget office cost for student
loan forgiveness.
Judd, thank you for exposing that the richest among us are also the most selfish and greedy, and care the least for others.
Ironic, since this is all of these capitalist pigs and those who preceded them's fault in the first goddamn place. This country has a serious Koch problem and it's long past time for rehab.
Thank you for the revelations about Garrison and Pacific Legal. This scheme should be obvious, I guess, because the key usually comes down to "right wing billionaires." This world must be simply a game to them...with no conscience, no empathy, no depth.
Think of how playing a simple board game as a child (e.g., checkers, Monopoly) was simply about winning...unless you were an adult playing against a very young child.
So where were the federal lawsuits blocking the PPP loan forgiveness? I guess that’s ok as long as you are one of the beneficiaries! What hypocrisy!
How could 20K of loan forgiveness not reduce his overall indebtedness?