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re: 49 year old musician gets 250k in student loans forgiven. Plans to take sabbatical

Posted on 4/21/24 at 9:07 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424597 posts
Posted on 4/21/24 at 9:07 am to
quote:

I didn’t read a single one that thought this was a good idea.

Do they have a time machine? This law is like 16-17 years old.
Posted by GeauxTigers123
Member since Feb 2007
1393 posts
Posted on 4/21/24 at 9:09 am to
This guy is going to end up on further government assistance in the future.

Some people are just naturally motivated to succeed and build wealth and some are not.
Posted by Finnish
Member since Nov 2021
440 posts
Posted on 4/21/24 at 9:16 am to
quote:

Do they have a time machine? This law is like 16-17 years old.


That means you can’t disagree with it?

Very few agree with saddling tax payers with an individual’s poor decisions. $250k to become a musician is, was, and always will be a stupid decision.
Posted by Dadren
Jawja
Member since Dec 2023
1048 posts
Posted on 4/21/24 at 9:30 am to
quote:

Do they have a time machine? This law is like 16-17 years old.

This is a one-time balance adjustment that the Biden administration is doing because their broader loan forgiveness plan was shot down.

This is definitely new. It’s not part of any of the preexisting forgiveness programs.
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