I Bet If Most People With Student Loan Debt Was Given A Check To Pay It Off To The Exact Dollar Amount To The Debt They Wouldn’t, They’d Spend It On Dumb shyt.
Biden extending the student loan moratorium until Jan. 31st, 2022
- Thread starter Ozymandeas
- Start date
Born2BKing
Veteran
Somebody is in Nancy's ear and they pay well.Someone in the Democratic Party is lying about who has the power to cancel student loan and I'm not sure exactly who
Biden and Nancy say that only Congress can do it, while Warren, Chuck and other Democrats say that Biden can do it. If that's the case, then Biden lied about him having the authority to cancel the $10,000 knowing that he didn't have the power to do it. If he did have the power to do so, then why not just cancel the $10,000 and worry about cancelling the rest later?
richaveli83
Veteran
I knew he would do it, especially with this delta variant BS going on. Folks with debt are going to go almost two years without having to pay student loan debt.
Those that have been working this pandemic better had taken advantage of this opportunity because they're not going to keep pausing payments forever and the chances of them forgiving loans completely is minimal.
Those that have been working this pandemic better had taken advantage of this opportunity because they're not going to keep pausing payments forever and the chances of them forgiving loans completely is minimal.
Ozymandeas
Veteran
I would pay off half 
Ya' Cousin Cleon
OG COUCH CORNER HUSTLA
What power would they be using
Nancy is rumored to be leaving in 2022 so why would she care whether they win or lose?
For the record, I do think that Biden has the power to cancel them and that both him and Nancy are liars
LeVraiPapi
Redemption is Coming
Someone in the Democratic Party is lying about who has the power to cancel student loan and I'm not sure exactly who
Biden and Nancy say that only Congress can do it, while Warren, Chuck and other Democrats say that Biden can do it. If that's the case, then Biden lied about him having the authority to cancel the $10,000 knowing that he didn't have the power to do it. If he did have the power to do so, then why not just cancel the $10,000 and worry about cancelling the rest later?
I think they saving all that sprinkle for the election year. Meanwhile there are cold posters who think cancelling loans actually hurts Black people. Mind boggling
Ezekiel 25:17
Veteran
Canceling student loans is only a temporary bandaid. People will be in the same boat next school year
Brolic
High Value Poster
No. You don’t have to pay anything and no interest accrues. It’s only for federal loans though.
I dont see how that is remotely possible. Thats a shytload of money.just forgive the goddamn loans you fukkin diaper-wearin fakkit
Surely you don’t believe that do you
Look at the in-house fighting about it right now and tell me if they actually want to do what they said during the campaign trail.
Same. Im setting up my company now. Soon as I get one more bonus and them loans get cancelled I walking out that bish like George Jefferson!
Facts!! When the pandemic started I was 16k, continued to pay $260 a month, with 100% of it going towards the principal.
I’m at around $11,500 now.
A bunch of PPP loans were/will be forgiven. The Governor of my state forgave his own. They can forgive these loans too.
PPP Is a forgivable loan if you meet the proper requirements