Biden closes in on student loan forgiveness plan and extension of repayment pause

[Anonymous No.51060564]

The White House is likely to announce a student loan relief plan as early as Wednesday that would forgive up to $10,000 for some borrowers and further extend the current freeze on loan repayment, according to several people familiar with the plan.

The details of the highly-anticipated plan remain in flux, those people cautioned. The White House has been considering for months canceling $10,000 for borrowers who make $125,000 or less annually.

https://www.msn.com/en-us/news/us/biden-closes-in-on-student-loan-forgiveness-plan-and-extension-of-repayment-pause/ar-AA110iQW

Hahahah accelerate

[Anonymous No.51060573]

>>51060564
>THIS IS UNFAIR!!!!! NOOOOO!!!!! NOT HAVING DEBT WAS MY ENTIRE REASON FOR FOREGOING COLLEGE AND WORKING A $20/HOUR MANUAL LABOR JOB!!!!! YOU CAN'T DO THIS TO ME!!!!!!!!!!

[Anonymous No.51060591]

>>51060564
If this is true... I'll be going all in on buying a house because there be inflation.

[Anonymous No.51060611]

>>51060564
Nice, thanks for the gibs, Joe. Still voting Republican in November.

[Anonymous No.51060624]

Meanwhile Ukraine gets more handouts. We need a fucking revolution.

[Anonymous No.51060679]

>>51060573
fpbp

[Anonymous No.51060692]

>>51060624
How is this any different than us spending money on our own soldiers? Ukrainians are fighting russia for us but their citizens are the ones dying, not ours.

[Anonymous No.51060715]

>>51060692
lol yeah, for us.

[Anonymous No.51060718]

>>51060692
it would be better for us if they died and it just became part of russia

[Anonymous No.51060743]

>>51060564
This will unleash a tidal wave of high-velocity money, and hence inflation. Bullish for crypto.

[Anonymous No.51060753]

>>51060692
not
my
problem

[Anonymous No.51060770]

>>51060573
Get wrekt faggot. Riden with Biden has never been so comfy.

[Anonymous No.51060783]

>>51060564
is this a lock then?
https://polymarket.com/market/will-us-student-loan-payments-resume-by-election-day-2022

[Anonymous No.51060788]

>>51060564
$10k is LOL. And boomers will reeee. Back in my day I just worked all summer and paid for college

[Anonymous No.51060817]

>>51060718
I'm in agreement. Ukraine should just surrender at this point.

[Anonymous No.51060849]

>>51060564
This will reduce inflation for everyone, right?

[Anonymous No.51060881]

>>51060817
maybe there should be a pro Ukrainian surrender social media campaign

[Anonymous No.51060909]

>>51060564
what are his glasses. they look cool

[Anonymous No.51060936]

>>51060564
>The White House has been considering for months canceling $10,000 for borrowers who make $125,000 or less annually.
Why not just pay off the whole thing for students? This administration is doing everything wrong it seems, that's why a Republican is going to be president in 2024.

[Anonymous No.51061067]

>>51060936
So they can drag it out over successive election cycles. If Biden had just cancelled all student debt on his first day in office, a decisive chunk of Democrat voters would never bother to turn out ever again.

>>51060849
This is bullish for investments and crypto m8, particularly of the meme variety. HIGH VELOCITY MILLENIAL MONEY.

[Anonymous No.51062263]

>>51060564
>Up to
>For some

[Anonymous No.51063932]

>tfw just miss out on $125k cut off.
Fuck I saw 150k mentioned sometimes, not the end of the world but I want gibs too

[Anonymous No.51063965]

>>51061067
This, is the same reason why roe v wade was never codified. it's a good carrot on a stick to dangle in front of people.

[Anonymous No.51064979]

>>51060564
I give no fucks anymore. Every company I audit took hundreds of thousands in PPP grants and never even closed. That shit all went straight to executive pockets. I paid my loan down to $10k and will take the cancellation without question.

[Anonymous No.51065058]

>>51064979
I paid a 30K loan in full and I'm reeeeee'ing right now. This does not fix the Higher Ed system, it just incentivized it to perpetuate. Schools will become even more expensive.

Of this comes to pass I'm going all in on Monero with margin and leaving the country.

[Anonymous No.51065079]

>>51060564
>Makes 1 time Principle payment
>Students STILL have to pay the interest
>Students STILL have to make payments

[Anonymous No.51065085]

>only $10k
This is an insult

[Anonymous No.51065123]

>>51065058
You’re a fucking retard. Why would anyone with higher than a room temp iq pay lona during a payment pause??

[Fatburg No.51065266]

>>51060909
Sun glasses

[Anonymous No.51065559]

> Went to a T20 MBA program right before Covid
> The freeze happens
> Haven't paid a cent on $150k loans in 4 years

Thanks biden, you nigger.

[Anonymous No.51065679]

>>51060936
Because it would never pass, if they did, I’m sure the stipulations would entail the federal government willingly admitting guilt for the student loan issue and hence forth stay out of loans for school, which of course they would never do.

Why you ask?

Because of the Jews

[Anonymous No.51067236]

bump

[Anonymous No.51067252]

The IRS will make sure it gets its fair share.

[Anonymous No.51067287]

>>51060564
Lemme guess, gubment will give the loaners tax breaks and bonds thereby effectively increasing the security of these otherwise probably-not-gonna-get-paid loans by stapling them to the taxpayers at large. Nice.

[Anonymous No.51067334]

>>51060564
>mfw the job I got last year puts me literally ON (and slightly over with bonus) the $125k limit

[Anonymous No.51067352]

>>51065266

[Anonymous No.51067409]

>>51060849
>>51060564
>This will reduce inflation for everyone, right?

Won't change anything. People are already spending the extra money they have every month now he current freeze on loan repayment. People are already taking out loans and spending under the assumption that $10,000 will be forgiven and they will extend the current freeze on loan repayment.

[Anonymous No.51067519]

>>51060624
These are loans, right? We’re enslaving the Ukrainerinos with debt, right?

[Fastfoodchan No.51068682]

>>51060564
I made 120k last year but was bumped up to 130 on June. Am I fucked bros?

[Anonymous No.51068710]

>>51067334
Sounds like you don't really need 10k in gibs, faggot

[Anonymous No.51068755]

>>51060591
idiot. inflation means more rate hikes which means more interest repayments on your mortgage which means demand for housing falls. increased spending like this in an already inflationary environment will contribute further to the housing crash

[Anonymous No.51068802]

10k is a fucking joke, also i will never ever pay the tax man a single cent for any student loan "forgiven"
i would rather suicide by cop so someone tell the chief to only send his most eligible bachelors

[Anonymous No.51068821]

He did it again boys. Stay ridin

[Anonymous No.51068837]

>>51068802
uuhhhhh based

[Anonymous No.51068868]

>>51068755
retard

[Anonymous No.51068880]

>>51067519
Yeah, but most burgers don't know that. It's actually pretty based.

[Anonymous No.51068964]

>>51060564
They would only do this if it fucks the average person in the long run somehow...

Just like allowing people to not pay rent during the pandemic, caused small time landlords to go bust so blackrock could move in and take their homes.

How does this fuck us all?

[Anonymous No.51068967]

>>51060564
Good. I'm glad Biden is bribing voters. Hopefully this ushers in a new era of politics where everyone's vote is bought. Might give me a reason to start voting.

[Anonymous No.51068974]

[Anonymous No.51069010]

>>51060936
That's like wondering why does Apple keep making new phones, the government would be completely useless had all of our problems been fixed.

[Anonymous No.51069036]

>>51068974
The problem with these people is no one has a problem when banks get bailed out with billions because they made some bad bets, or Israel gets another 30 billion for their war crimes and genocide, or several trillion is spent on a meaningless war.

But as soon as a bridge needs repairing, or the homeless need a shelter, or they talk of forgiving loans, all of a sudden there's no money to be found. They just print the shit anyway, its imaginary, but god forbid you help your own citizens with tax money.

[Anonymous No.51069078]

>>51068974
Her 4 degrees are as follows:
>Air force job associates (mickey mouse)
>General education associates
>Air force job bachelors (less mickey mouse)
>Probably some useless bachelors
Nothing of value was gained or lost

[Anonymous No.51069087]

>>51060564
dude, I didn't even get my free crack pipe yet. don't believe a word that man says.

https://rumble.com/vuccza-the-pfizerbot-honkpill-detoxification-show.html

[Anonymous No.51069096]

>>51060624
It isn't 3 billion in cash retard, what is the US family supposed to do with guided missile handouts from the government?

[Anonymous No.51069917]

U.S. Plans to Shift Bill for Covid Shots and Treatments to Insurers, Patients
https://www.wsj.com/amp/articles/biden-administration-plans-for-end-of-covid-19-shot-treatment-coverage-11660838418
Biden Administration Plans for New Booster Campaign Soon After Labor Day
https://www.nytimes.com/2022/08/23/us/politics/covid-booster-shots-biden.html
lol haha thats where the money went

[Anonymous No.51069964]

>>51068967
hey isn't that what they did during the decline of the Roman empire? start buying people's votes?
I'm sure that never ended badly...

[Anonymous No.51070003]

>A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.

[Anonymous No.51070013]

>>51060624
Wait, didn't they already get $1 billion worth of supplies a month ago? When is this stupid "war" going to actually end?

[Anonymous No.51070785]

>>51068974
>military payed for the first