This is a program that existed for a very long time
7 years since the first person became eligible is a ‘very long time?’
The problem with it is when it was set up, some idiot put the loan companies in charge. And thru intentional incompetence most people didn’t get forgiveness when they should and the interest kept climbing for years.
So we’re just making shit up now?
The department of education made the determination of who fulfilled the criteria to have their loans forgiven. Forgiveness was never based around distributing a set amount of money, but on completeting a specific payment regiment for 10 years with a qualifying employment category.
The first year anyone was eligible for forgiveness was 2017. Do you remember who was president in 2017? Who he put in charge of the department of education? There was a deliberate effort by the Trump administration to sabatoge the program by denying approval for forgiveness on the basis of any minor technical or clerical deficiency they could come up with. Some months literally nobody got approved. Now also consider the kinds of people Davos hired for every role she could within the department. And now the kind of people they hired.
And here you sit, just another asshole blaming Biden and Democrats for mess their predecessors went out of their way to create, because they didn’t clean it up instantly and perfectly.
Yeah, you want to litigate the entire FSLP and talk about the whole picture on how it’s affected education and the economy over the last three decades? I’m not sure I have time to write several doctoral theses and a nonfiction book today, however maybe we can start with the fact that student loans can be discharged in bankruptcy. Yes, the courts use a more stringent standard than Chapter 7 and it leaves a lot of discretion to individual judges, but it is not outlawed outright.
It add nuance to the conversation that Democrats have done nothing wrong and only been pushing to fix what other older people and Republicans have done.
Avoiding the reality of Biden specifically creating that policy and supporting it for decades leaves opening for people absolutely to get upset and call shenanigans.
The reality of the matter is that people have very little recourse for handling college debt unless they are literally starving to death and that has been a supported position for pretty much all members of the electorate except for the fringes for decades now.
You call someone else out on making incorrect statements while making them yourself and it becomes apparent it’s just ideology at the base not reality.
Edit: and for federal loans not private and up until Biden re-enabled the public forgiveness program was considered a near impossible task to get a judge to agree to. Steps in the right direction but more akin to finally committing to the promises already made and failed for decades. It’s gonna sour opinion.
I’d say it’s completely related since it was a form of debt release that was alternative and longer existing as a form that was removed. It left no outlets for freeing oneself of specific debt and only that one.
So if, I take away your food but promise to give you ingredients to make your own but then don’t do that. I’d be blamed for starving you.
And actually not being worked on since the Democratic party did not regret adding in that forced debt. They like the revenue it brings in for their private donors.
They changed it for federal loans only and it’s still considered nearly impossible to get the filing submitted that the debt is literally ruining their lives.
To be fair, it’s a little disingenuous to start counting from the time the first person became eligible, as all the rules had to be in place for over a decade prior to that.
You’re framing it as a program that’s been around for 7 years, when the reality is that it’s been 17.
Don’t disagree with most of your points, but the program itself has been around for quite a while.
The system is more than just a retrospective yes or no after 10 years. You have to work with the DoEd to submit paperwork from your employer to make sure they qualify. You have to work with the DoEd to make sure the type of payments or deferments you’re doing are qualified. Etc.
There have been government employees actively working with people on this for the whole of the 17 years. This is a program that has, in fact, “been around for a long time” in a meaningful way.
Yes, the Trump Administration did a good awful job in trying to intentionally eff it up. But people were in fact able to get through it.
Right now, I know several people who are just a few payments away from being able to qualify, but can’t due to payment freezes with the Mohela cutover and all the legal stuff going on with it. Which, to be clear, I’m not blaming on the Biden administration. But it isn’t like the program has made much meaningful headway in the past 4 years either.
And it seems like this is the easier battle to win than general student loan forgiveness. Expand PSLF. Reduce the term to 5 years and reduce the administrative burdens and overhead. Allow a wider range of zero-cost-payment deferments to count as “qualified payments” towards the total payment number needed.
These would be expansions on policy that have been unchallenged for the past 17 years. That passed through both houses of Congress. This is an easy win that would help ease the burden of millions of Americans. Especially teachers who are cripplingly underpaid and often require a masters degree.
There’s rarely any using trying to respond with logic to a comment filled with insults…
I explicitly blamed the people who set it up, and that account went off about how I’m blaming Biden.
Logic didn’t get them to their current opinion, and logic won’t help them understand their misunderstanding, they’ll just keep throwing insults and not understanding.
I just report and block those accounts, makes Lemmy a lot more civil when you don’t see the worst
and that account went off about how I’m blaming Biden.
Biden had us pay the illegally charged interest rather than fight it.
I guess someone else wrote his name in there.
Charging borrowers interest is not illegal. Denying participation in government programs over trivial errors is not illegal. Declining to earnestly help people who are eligible rectify their deficient applications is not illegal. Picking a fight you are going to lose on the merits is not smart. Especially when it detracts time and effort away from the much more immediate and necessary goal of helping the large number of people who are still paying.
7 years since the first person became eligible is a ‘very long time?’
So we’re just making shit up now?
The department of education made the determination of who fulfilled the criteria to have their loans forgiven. Forgiveness was never based around distributing a set amount of money, but on completeting a specific payment regiment for 10 years with a qualifying employment category.
The first year anyone was eligible for forgiveness was 2017. Do you remember who was president in 2017? Who he put in charge of the department of education? There was a deliberate effort by the Trump administration to sabatoge the program by denying approval for forgiveness on the basis of any minor technical or clerical deficiency they could come up with. Some months literally nobody got approved. Now also consider the kinds of people Davos hired for every role she could within the department. And now the kind of people they hired.
And here you sit, just another asshole blaming Biden and Democrats for mess their predecessors went out of their way to create, because they didn’t clean it up instantly and perfectly.
Hey just quick question…
Who set up the current college loan system and set it so that none of that debt could be forgiven even after bankruptcy?
That was decades ago so it must have been some predecessor right? Not someone still sitting in a position of power right?
Yeah, you want to litigate the entire FSLP and talk about the whole picture on how it’s affected education and the economy over the last three decades? I’m not sure I have time to write several doctoral theses and a nonfiction book today, however maybe we can start with the fact that student loans can be discharged in bankruptcy. Yes, the courts use a more stringent standard than Chapter 7 and it leaves a lot of discretion to individual judges, but it is not outlawed outright.
It add nuance to the conversation that Democrats have done nothing wrong and only been pushing to fix what other older people and Republicans have done.
Avoiding the reality of Biden specifically creating that policy and supporting it for decades leaves opening for people absolutely to get upset and call shenanigans.
The reality of the matter is that people have very little recourse for handling college debt unless they are literally starving to death and that has been a supported position for pretty much all members of the electorate except for the fringes for decades now.
You call someone else out on making incorrect statements while making them yourself and it becomes apparent it’s just ideology at the base not reality.
Edit: and for federal loans not private and up until Biden re-enabled the public forgiveness program was considered a near impossible task to get a judge to agree to. Steps in the right direction but more akin to finally committing to the promises already made and failed for decades. It’s gonna sour opinion.
… Isn’t that entirely a different issue with just a similar end result that’s also being worked on by progressive Democrats, krauerking at lemy.lol
I’d say it’s completely related since it was a form of debt release that was alternative and longer existing as a form that was removed. It left no outlets for freeing oneself of specific debt and only that one.
So if, I take away your food but promise to give you ingredients to make your own but then don’t do that. I’d be blamed for starving you.
And actually not being worked on since the Democratic party did not regret adding in that forced debt. They like the revenue it brings in for their private donors.
They changed it for federal loans only and it’s still considered nearly impossible to get the filing submitted that the debt is literally ruining their lives.
To be fair, it’s a little disingenuous to start counting from the time the first person became eligible, as all the rules had to be in place for over a decade prior to that.
You’re framing it as a program that’s been around for 7 years, when the reality is that it’s been 17.
Don’t disagree with most of your points, but the program itself has been around for quite a while.
What’s disingenuous is Givesomefucks out right lying. But semantics are more your flavor I suppose.
No it absolutely isn’t.
No, it’s disingenuous to count the time a program was, by design, inoperable as functional because it existed on paper.
When does the dam exist? On the day the blueprints are drawn up or on the day it starts filling with water?
The word I would contest is “inoperable.”
The system is more than just a retrospective yes or no after 10 years. You have to work with the DoEd to submit paperwork from your employer to make sure they qualify. You have to work with the DoEd to make sure the type of payments or deferments you’re doing are qualified. Etc.
There have been government employees actively working with people on this for the whole of the 17 years. This is a program that has, in fact, “been around for a long time” in a meaningful way.
Yes, the Trump Administration did a good awful job in trying to intentionally eff it up. But people were in fact able to get through it.
Right now, I know several people who are just a few payments away from being able to qualify, but can’t due to payment freezes with the Mohela cutover and all the legal stuff going on with it. Which, to be clear, I’m not blaming on the Biden administration. But it isn’t like the program has made much meaningful headway in the past 4 years either.
And it seems like this is the easier battle to win than general student loan forgiveness. Expand PSLF. Reduce the term to 5 years and reduce the administrative burdens and overhead. Allow a wider range of zero-cost-payment deferments to count as “qualified payments” towards the total payment number needed.
These would be expansions on policy that have been unchallenged for the past 17 years. That passed through both houses of Congress. This is an easy win that would help ease the burden of millions of Americans. Especially teachers who are cripplingly underpaid and often require a masters degree.
There’s rarely any using trying to respond with logic to a comment filled with insults…
I explicitly blamed the people who set it up, and that account went off about how I’m blaming Biden.
Logic didn’t get them to their current opinion, and logic won’t help them understand their misunderstanding, they’ll just keep throwing insults and not understanding.
I just report and block those accounts, makes Lemmy a lot more civil when you don’t see the worst
Dude. You literally blamed Biden in your first comment.
I guess someone else wrote his name in there.
Charging borrowers interest is not illegal. Denying participation in government programs over trivial errors is not illegal. Declining to earnestly help people who are eligible rectify their deficient applications is not illegal. Picking a fight you are going to lose on the merits is not smart. Especially when it detracts time and effort away from the much more immediate and necessary goal of helping the large number of people who are still paying.