Its Official

Biden cancels $10k worth of student loans for borrowers making less than $125k per year.

washingtonpost.com/education/2022/08/24/biden-student-loan-cancellation/

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Wew. This is a pretty big deal for me honestly.

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Imagine taking out a loan for school.

fuck this clown world and fuck all you debtfags

>20k for pell receipients

what the fuck I already overpaid and only owed 16k. You're telling me that's $4000 I FUCKING WASTED BEFORE THE MAJOR BULLRUN

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Im %100 prepared to pay it back in full.

But I'm not going to complain about a free $10k credit towards what I owe.

Cope and seethe.

No

There has to be another solution!!

>giant spending bill passed
>debt forgiveness
>incoming pivot
>midterms
>eth merge
>only 1.5 years out from halving
yeah, I'm thinking we're back

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Explain to me like I’m a retard, who are the ones getting the 20k? How do I know if I received a pell grant..I’m pretty sure I had several grants

Fucking bullshit. I paid my shit off. I did the right thing and ate beans to get there. And then these faggots just get all this shit for free. Fuuuuck all of you.

>Students stop receiving loans
Wat do?
This won't create another bullrun, it will just pump inflation and justify even more rate hikes.

>didn't notice the Jew nose

You ate ze beans. Now get ready to eat ze bugs.

Yeah the amount of people who paid it off or continued payments in ubelievable. Schiff actually had a good take on this and pointed out you'd be stupid to pay back a 0 interest loan ever let alone when inflation was. This was in 2020 too lol.
>doing the "right" thing
>in clown world
How can you see all of the blatant corruption and still maintain a straighr course? It's willful ignorance.

>not repaying a jew's extortionist loans?
>that makes you a jew
>me, advocating for repaying the jew?
>well, that makes me clearly not a jew.

Why does the professor or whoever the guy is has a really big nose?

>YOU CAN'T NOT PAY YOUR LOANS!!!!!!!
>THIS IS ANTISEMITISM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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I wasn't advocating for repaying the Jew.

>nose

>big nose

What did he mean by this

The Banks didn't give out such loans until Government started guaranteeing these loans in 1965 under FFEL programme, libsharts voted for these policies, because le education is muh hooman right or something. This is the same policy that destroyed American Education forever, the prices skyrocketed, and quality went to shit, Universities became a mall, le college experience became a thing. Everyone started taking loans.

Hey
Basically I'm just not gonna repay the loan
I know.... UGH I know ..... I'm sorry!!!!!!!!!!!!!!!!!!!!
It's just that I'm not gonna repay it is all
HAHAHAHAHAHAHAAAHAHHAHAHAHAHA

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>Democrat policy does absolutely nothing to solve the underlying problem but looks good in the news

If you look at cost, the US education system is totally broken and you'd be a fool to choose studying in the US over Europe in your undergraduate. It's not even like the money is going to teachers salaries or generating new innovation.

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Yeah I thought congress was supposed to control the budget. Fucking clown world that the president can just decide to spend hundreds of billions on gibs for no reason

Log into fafsa and check your dashboard. The way it reads sounds like if you received a pell grant, you are getting $20k forgiven. I received the Pell Grant 6 times so it sounds like I will soon go from owing $30k to $10k lmfao.

Graduated December 2019 and haven't paid a dime in interest or principal.

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You are gonna repay, don't worry, you won't realise it of course, and that's part of the plan.

Same, gay as fuck. Although now I make way over 125k so I wouldn’t qualify for it anyway

yeah its not like the government is printing money and handing it to banks under guise of "forgiving" debt lmao

Fafsa…. Kek imagine being poor.!

>I-IT'S P-P-PART OF THE PLAN!!!!!!
2 more weeks

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>I'm a huge retard hurr durr

And why did everything fall to shit in the late 70s-early 80s?

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Holy based, I don’t owe anything. Also received 4x pell grants. Until it’s not on the website any longer I won’t believe it though.

I got a free comp sci degree for being poor and now make $75k a year working from home doing 2 hours of actual work per day.

Sometimes it pays to be poor.

Lol I took out loans in my final semester (2021) because I heard he might forgive it. I had a full ride so I used the money to just fuck around. Thanks Biden!!

Things take time to build up retard.
>Why was the housing crisis in 2008 when the laws that created it were passed in the 70's and 90's?????

It's basically a lottery for having student loans at the right time. Thank god I didn't pay mine back yet, I was anticipating this.

The cost skyrocketed because Government started guaranteeing loans.

Debtchads we simply can’t stop winning

So I reported more than 125klast year because of crypto even though I only make like 66k at my job. I don't get shit? Have they clarified?