Official Student Debt Cancellation Watch Thread

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I guess I should probably do this. I dont owe much but still I'll look into it. Who’s your servicer?
Aidva———-(you got the rest lol), it’s switched a few times with all the fukkery going on with some of these providers. But yea, these changes to IDR since the current administration has been convoluted to say the least.
 

Wargames

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young people wanted Trump so that's on them

if folks are lucky jpm, citibank, or someone like that will buy their student loan debt and charge 30%


worst case someone more cutthroat buys it and charges 150%+
They can’t do that cause the contract doesn’t stipulate that. If anything the federal government gets away with that only because they are the federal government.
 

88m3

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They can’t do that cause the contract doesn’t stipulate that. If anything the federal government gets away with that only because they are the federal government.

Contracts are renegotiated everyday

Trump will pick the arbitrator

the tariff shelf is lonely

Trump is going to want to get the most bang for his buck when he raffles these loans off to his friends or Betsy DeVos or whoever. Think about it.


This shyt is not a joke

:laff:
 
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PoorAndDangerous

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Got my loans forgiven for working in public service recently. Good luck to all
I think it might have to do with them being in the save plan and all the litigation, wondering if there was a ruling that stated people under Biden’s save plan had like 3 years or whatever to prepare for it to change to another plan
 

Wargames

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Do you guys think Trump or Warren are getting it right?
See the forest for the tree’s they’ll sell the debt and swear up and down the terms won’t change, but we know eventually some administration will let them convert those loans

OR

they might mix those loans with other debts and if the shyt crashes drag the Sallie Mae down the toilet depending on if the government in anyway still guarantees those loans.
 
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