From: NoBody <NoBody@nowhere.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: Pay for your own education like the rest of us did!
Date: Sun, 25 Aug 2024 10:27:24 -0400
Organization: A noiseless patient Spider
On 25 Aug 2024 01:04:04 GMT, Charlie Glock <"Charlie
Glock"@localhost.com> wrote:
>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?
Pay your own bills. What a strange concept.