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From what I understand NC is going to tax it as well. gently caress me I guess
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Sep 2, 2022 05:40
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It'll be some weak "now the creditors have to tell you 60 days before they take your house! And they have to file paperwork in triplicate!" half measure.
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Jun 30, 2023 16:08
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Those changes weren't really widely publicized so they don't have any momentum behind striking them down. I would guess that most of the people who oppose student loan forgiveness don't actually know how the system works and don't realize that this means people will just be paying pennies anyway. Their entire view on this issue was "giving money to liberals=bad."
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Jun 30, 2023 17:27
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The Illusive Man posted:Yeah I’m not sure what ‘new actions’ are actually available. The new IDR plan is already on the cusp of rolling out and the authority to extend the pause was ceded for the debt ceiling. Would it be realistic for Joe to direct the CFPB to tell credit agencies to ignore unpaid student loan debt like they did for small medical bills?
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Jun 30, 2023 17:29
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Tying it up in courts doesn't help if they're not also going to extend the payment pause.
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Jun 30, 2023 21:20
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Now there is a lawsuit to stop the implementation of the new income driven plan, courtesy of the ghouls at the Cato Institute. The plan is on much more solid legal ground than the forgiveness was, correct? Edit: I misunderstood the article, the thing being challenged was the forgiveness they gave certain people by counting missed payments as payments. I'm not sure what that means for the rest of the plan. zimbomonkey fucked around with this message at 10:03 on Aug 5, 2023 |
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Aug 5, 2023 09:54
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buglord posted:Phone posting so sorry for the lack of formatting My read is that they would be automatically forgiven after 20 years instead of 10.
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Aug 5, 2023 10:05
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Random question... If my Nelnet account says I don't need to pay until December 2024, I'm good right? Actually don't even answer. I'm just going to assume that I'm good. Edit: oh I figured it out. I was due to recertify my loans very shortly after COVID ended up starting. Because of the way restart is being applied, recertification can't take place before March. My recertification would have had to be in December of this year. By the rule, if the recertification would have had to happen this year it gets pushed back a year. I feel like I dodged about 30 bullets because I'm unemployed right now and have been for most of the year and do not have the money to make a student loan payment. Also, when I recertify next year I'll get to use this year's tax return that says I didn't make any money and I'll basically have another year free. zimbomonkey fucked around with this message at 07:03 on Oct 4, 2023 |
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Oct 4, 2023 06:57
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man i really hoped the second attempt might affect more than just fringe cases but if this is the best we can hope for I guess that's it for the majority of us.
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Nov 8, 2023 23:46
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T Zero posted:This new swing at student loans: https://www.cbsnews.com/newyork/news/biden-administration-proposes-new-student-debt-relief-plan-who-can-qualify/ the first way would have to be time capped to some extent, probably 10-15 years? Everyone's balance gets higher at first, you start collecting interest immediately but don't have to pay for 6 months. My sincere guess is that it's B.
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Nov 8, 2023 23:49
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