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re: "Travel enthusiast” is grateful his student loans are forgiven

Posted on 4/14/24 at 8:36 am to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167503 posts
Posted on 4/14/24 at 8:36 am to
quote:


His hobbies don't change the fact that he satisfied the 10 years of service and payments required for loan forgiveness.


After 10 years of payments and working are you OK with my mortgage being forgiven creating a burden on inflation and the economy?

quote:

I'm less than a year out for ~200k of forgiveness.



Did you not understand how loans work?
Posted by gasbaw
Member since Dec 2023
45 posts
Posted on 4/14/24 at 8:41 am to
Yes, hence why I'm getting the government sponsored forgiveness when I signed up for them years ago, knowing that if I followed this path the loans would be forgiven. Does your mortgage have the option to work in the government sector for less money and make 10 years of payments? If so, then yeah, you should be forgiven.
Posted by X123F45
Member since Apr 2015
27483 posts
Posted on 4/14/24 at 9:44 am to
quote:

After 10 years of payments and working are you OK with my mortgage being forgiven creating a burden on inflation and the economy?


...you have me on the fence here.

Public service salaries are garbage. One of the perks is that the government writes off the debt after a number of years of service. It's more of a bonus than a forgiveness.

Their taxpayer paid salary includes a bonus of student debt being paid for.

Good or bad, it isn't the typical forgiveness situation. The fact that he's an idiot is less suprising.
Posted by Indefatigable
Member since Jan 2019
26653 posts
Posted on 4/14/24 at 9:47 am to
quote:

After 10 years of payments and working are you OK with my mortgage being forgiven creating a burden on inflation and the economy?

Has congress passed legislation allowing you to do this?

If not, I have no idea why that would be a relevant analogy.
Posted by PUB
New Orleans
Member since Sep 2017
18308 posts
Posted on 4/14/24 at 1:25 pm to
WTF work your arse off the pay student loans and your mortgage? Disgusting.
Should have let the discharge in BKCY remain. All the doctors nad lawyers used it years ago and then the banks immediately gave them $250K in new credit so they could start their practices, buy MBs and million $ houses.
This country is beyond screwed up. The people that do it right get bent over with no lube,
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35558 posts
Posted on 4/15/24 at 12:08 pm to
quote:

Did you not understand how loans work?


Apparently you don’t.


What a retarded thread
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