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Joined 1 year ago
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Cake day: May 19th, 2024

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  • I reckon, given the extent of voluntary submission to constant surveilance from corporations and the continued march deeper into oligarchy, that it’s only a matter of time until platforms that aren’t explicitly anti-privacy are going to be reframed as extremist and dangerous as a part of the global political conversation. Perhaps this will end up being the leading edge of that.




  • And it was that all private student loans were stripped of their bankruptcy protections. Federal loans were given an out but its very difficult. But the amount of private loans exploded and those couldn’t be cleared at all. That’s it. The final truth.

    https://www.consumerfinance.gov/about-us/blog/busting-myths-about-bankruptcy-and-private-student-loans/

    For too long, a myth has persisted that student loans are not dischargeable in bankruptcy. The myth is not true because, in fact, student loans can be discharged bankruptcy. We have seen the Department of Education take important steps to ensure that bankruptcy relief is available to federal student loan borrowers. It is vital that private student loan borrowers also receive the relief the Bankruptcy Code provides —and that loan owners, lenders, servicers, and debt collectors honor that relief when a bankruptcy judge discharges a consumer’s debts.

    Straight from the fucking CFPB. Stop repeating lies that harm people by making them believe they don’t have options that they do.

    Its not their predecessors if its the same person.

    The Biden administration was not running the Department of Education from 2017-2020.

    I don’t know why you’re having such a hard time with this. I’m not talking about everything the democrats and Joe Biden ever tried to do in relation to students loans. I’m not talking about every mess ever made. I’m talking about their handling of the PSLF program. You know, the thing the thread is about.

    You thinking that it’s right is indication of exactly what side you already agree with.

    Saying I said it was right, when I explicitly said it was wrong. Well done.

    So they drew a line. It ended up being in the wrong place and it needs to be redrawn.



  • 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.

    I didn’t say this. Democrats do things wrong, like all the time. Maybe the misunderstanding is my fault for omitting the article ‘a’ before ‘mess’ by mistake near the end of my original post. Mea Culpa.

    But in regards to the subject of this thread, that absolutely is what is happening. The Biden administration is cleaning up a mess Republicans went out of their way to create with their deliberate mishandling of the PSLF program. Blaming Biden because he can’t wave away the consequences of Republicans malfeasance is exactly what the person I was replying to did.

    so that none of that debt could be forgiven even after bankruptcy?

    The reality of the matter is that people have very little recourse for handling college debt unless they are literally starving to death

    movinggoalposts.gif

    I didn’t say it was easy, I said it wasn’t literally outlawed. Which it is not. There may even be good reasons to make it more difficult for young adults just out of school, without any assets and low financial stakes, to discharge the large amounts of unsecured debt we’re helping them take on. They were right to be concerned about it. So they drew a line. It ended up being in the wrong place and it needs to be redrawn. Happens to the best of us.

    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.

    That’s rich coming from a person who opened by lying about the impossibility of discharging student loan debt.





  • 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.