5 Growing Signs Biden May Approve Broad Student Loan Forgiveness and a Student Loan Pause Extension
Forbes | 8/8/2022The ongoing pause on most federal student loan payments is set to end in on August 31.
And President Biden has also indicated that he will make a final decision about enacting broad student loan forgiveness by that date, as well.
With only weeks to go before this key deadline, millions of student loan borrowers are dealing with unprecedented uncertainty as they await a formal announcement.
Is the federal government still issuing student loans?
Is it a contract negotiated in good faith by both sides?
Does this constitute fraud?
If loans are forgiven, they must be taxed as income. We’re going to need more IRS agents.
This forgiveness will come with a tax exemption and a thousand pre-filled ballots.
If it’s “your body, your choice”, it’s also “your student loan, your payments”. That was your choice, not mine. Biden has zero authority to eliminate student loan debt.
In totally unrelated news, for some undetermined reason, college tuition is on the rise again…
How much is your vote worth?
To others, not yourself.
Biden needs to extend the student loan pause so more people have time to press Up, Up, Down, Down, Left, Right, Left, Right, B, A to get the power-ups.
I’ve always enjoyed dreaming about borrowing massive amounts of money and then never having to pay it back. What a country!
Broad Student Loan Forgiveness….if they are going to do it,what about the guys too…
I don’t think we need to worry. This plan would require college students to declare themselves as a woman, but as the government cannot define what a woman is, nobody will qualify. Biden gets the headlines and votes, the government gets to keep collecting the money.