Official Student Debt Cancellation Watch Thread

[K-Apps]

 

[Serious]

The so part is ambiguous

 

[10:31]

All signs point to another extension, I wonder how long though? And will there be any update on mass cancellation?

 

[Spidey Man]

All signs point to another extension, I wonder how long though? And will there be any update on mass cancellation?

They just need to stop stringing this out. Just get it over with and cancel the loans or just extend the pause to 2099

 

[-DMP-]

 

[ADevilYouKhow]

Dark Brandon

 

[Serious]

59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds

Ahead of President Joe Biden's decision on student loan forgiveness, a CNBC/Momentive survey finds mixed views on the issue and concerns about economic impact.

www.cnbc.com

 

[AquaCityBoy]

This is turning into the Biden Administration's "Infrastructure Week."

 

[King Static X]

Why the f*ck are they dragging this sh!t out?


Unless they are announcing a pause extension until at least 2025 & broad cancellation of a minimum of $50K (neither of which are happening), then this sh!t is so f*cking unnecessary .

This is pissing me off so much

 

[Sohh_lifted]

Lol at everyone in this thread yammering for a decision before the election. I hope Biden/Dems are smart to extend passed the elections and announce mass cancellation at the end of November...

 

[dora_da_destroyer]

dear putin,

if you'd like a younger generation of americans to be more friendly toward your great country, please press the big red DELETE button on the back end of FedLoan.gov.

signed,

someone who can be bought

 

[Software]

Why the f*ck are they dragging this sh!t out?


Unless they are announcing a pause extension until at least 2025 & broad cancellation of a minimum of $50K (neither of which are happening), then this sh!t is so f*cking unnecessary .

This is pissing me off so much

They out here like Funk Flex when a major rapper give him a new diss record to drop

 

[FAH1223]

Lol at everyone in this thread yammering for a decision before the election. I hope Biden/Dems are smart to extend passed the elections and announce mass cancellation at the end of November...

There's even rumors of the payment pause going into 2023.

 

[King Static X]

There's even rumors of the payment pause going into 2023.

The logical decision would be to extend the pause until AT LEAST Jan. 31, 2023.


Based on news articles that I've read that's what most financial company executives & insiders and so on are expecting.

"Jack Remondi, the CEO of Navient, a Delaware-based corporation that services private student loans, said he thinks it's unlikely President Joe Biden will choose to restart payments on September 1..."Our working assumptions is that the 0% interest in the payment waiver will extend through all of 2022," Remondi added.

Remondi is not the only student-loan CEO who sees an extension on the horizon. Anthony Noto, the CEO of SoFi — one of the largest student-loan-refinancing companies — said during the company's second-quarter earnings call in early August that he believes the student-loan payment pause will be extended through January 2023.

SOURCE: The CEO of a major student-loan company says 'it's hard for us to believe' Biden won't extend the debt payment pause 'given where we are in the calendar'




Biden is just dragging his feet. It would be pure insanity to restart payments right now. Just a few days before the deadline and 2 months before the midterms. I really hope that Biden isn't that stupid - it would be a boneheaded decision

 

[Payday23]

Why the f*ck are they dragging this sh!t out?


Unless they are announcing a pause extension until at least 2025 & broad cancellation of a minimum of $50K (neither of which are happening), then this sh!t is so f*cking unnecessary .

This is pissing me off so much

Next week or so

What does even mean ?