Official Student Debt Cancellation Watch Thread

[eXodus]

FAFSA’s Expected Family Contribution Is Going Away. Good Riddance.

My shyt was always Zero lol

damn.. Biden on that bullshyt tho. Looks like ima have to hope for a targeted HBCU plan or Public Service Loan Forgiveness reform.

 

[Software]

We got the senate and the house where we at with this now? Aren't anymore blockers he need to do what he said during the campaign now or at least 50k for everyone making under 125k like Schumer and Warren pushing. Along with reform bills to limit college costs and provide community college and public university to either be free or cheap as well as programs to help fund higher education for underprivileged youths who maintain good academic standing

 

[Software]

CNBC: Biden will call on Congress to forgive $10,000 in student debt for all borrowers.
Biden will call on Congress to forgive $10,000 in student debt for all borrowers

Ideally it'd be 50k but this is a start

 

[CarbonBraddock]

man these mufukkas is so goddam worthless. do they think $10k is some monumental thing that is strangling folks? if it is, then you need to reevaluate the direction your life is going. what is forgiving that small of an amount supposed to do? just wipe out the entire thing. college is a scam and all these mufukkas are gettin lied to to get them to take out loans they can't pay back. it's thievery.

 

[K-Apps]

 

[Mr.Plan B]

10k aint shyt he need to get rid of 30k. That’s fair.

 

[dora_da_destroyer]

avg student loan debt is 32k, having 1/3 of it disappear is fair. if they do forgive more, i'm sure it will come with all sorts of limitations, in which case most people who qualify wouldn't even have 50k+ in debt. but if it's going to ALL borrowers, 10k is a fair gift to all while possibly doing more at a targeted level (yall know i'm anti 125k cap, but it's clear that's who'll receive help)

 

[Software]

avg student loan debt is 32k, having 1/3 of it disappear is fair. if they do forgive more, i'm sure it will come with all sorts of limitations, in which case most people who qualify wouldn't even have 50k+ in debt. but if it's going to ALL borrowers, 10k is a fair gift to all while possibly doing more at a targeted level (yall know i'm anti 125k cap, but it's clear that's who'll receive help)

You're in the bay area? Those inflated cost if living salaries are messing y'all up too as far as stimulus and loan forgiveness due to the income caps huh?

 

[dora_da_destroyer]

You're in the bay area? Those inflated cost if living salaries are messing y'all up too as far as stimulus and loan forgiveness due to the income caps huh?

Yep, more so taking in account a lot of small business owners who made over the cap when business was normal in 2019 yet sat closed half the year yet don’t get a stimmy while someone making 50k in AL with no change to their income got one...wtf

 

[Software]

WSJ News Exclusive | Forgiving Student Debt by Executive Action Is Illegal, Trump Lawyers Say

they really tryna mess it up

 

[Leasy]

10k aint shyt especially to my loans fukk all that

 

[88m3]

I hope Biden is brave and cancels 10k in student loan debt.

 

[Software]

I hope Biden is brave and cancels 10k in student loan debt.

If he gonna be brave might as well go all in and do 50k

10k is playing it safe

 

[((ReFleXioN)) EteRNaL]

I got 26k in debt. So 10k will help me a lot

 

[88m3]

If he gonna be brave might as well go all in and do 50k

10k is playing it safe

get real lol