Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
From: Charlie Glock <"Charlie Glock"@localhost.com>
Subject: Re: Pay for your own education like the rest of us did!
Organization: Always Locked and Loaded
Date: 25 Aug 2024 01:04:04 GMT
On 2024-08-24, NoBody <NoBody@nowhere.com> wrote:
> 8 million student-loan borrowers on Biden's new repayment plan just
> got more bad news after a federal court officially blocked cheaper
> payments and debt cancellation
> Ayelet Sheffey
> Fri, August 9, 2024 at 4:08 PM CDT
>
> The 8th Circuit officially blocked the SAVE student-loan repayment
> plan in its entirety.
>
> It replaces its temporary stay on the plan from July, which paused
> cheaper payments and debt relief.
>
> Enrolled borrowers will likely be in limbo for long as the legal
> process progresses.
>
> The legal roller coaster for millions of student-loan borrowers
> continues.
>
> On Friday, the 8th Circuit Court of Appeals placed a preliminary
> injunction on President Joe Biden's SAVE income-driven repayment plan,
> intended to lower monthly payments and shorten the timeline for relief
> for the 8 million borrowers enrolled.
>
> If this sounds familiar, that's because it is: on July 18, the 8th
> Circuit placed a temporary stay on the plan in response to a lawsuit
> led by Missouri's attorney general to block the plan from being
> implemented. This latest ruling replaces that stay, and it likely
> means that enrolled borrowers will be in limbo for longer as the legal
> process is carried out.
>
> "Among the considerations here are that all borrowers currently
> impacted by our administrative stay are in administrative forbearance
> and thus not required to pay principal or interest on their loans,
> borrowers who have remained in PAYE and REPAYE plans are not impacted,
> and the States cannot turn back the clock on any loans that have
> already been forgiven," the 8th Circuit said in its ruling.
>
> The Education Department did not immediately respond to a request for
> comment from Business Insider on what this latest ruling will mean for
> borrowers. As a result of the legal challenges, the department has
> already placed all enrolled borrowers on administrative forbearance,
> during which the borrowers are not required to make any payments and
> interest will not accrue.
>
> more
> https://www.yahoo.com/news/8-million-student-loan-borrowers-210800444.html
I paid for my college debts.
Why should I have to pay for other's college debts?
My son started an electrician business.
He spent years as an apprentice, journeyman and so forth and finally ended up starting his own
business. He now owns 3 shops.
He spent a fortune on tools and many, many hours in sweat equity.
So why should he have to pay for some dipshit who earned a useless degree in Gender Studies?
--
Charlie Glock
"No free man shall ever be debarred the use of arms"
- Thomas Jefferson 1776