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Freedom
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Pay Ur Covid relief money back!
The rich get richer.
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How about getting the legislature to enact a law that allows all those poor college graduates with these opressive loans to WORK OFF THEIR DEBTS.
On the other hand, once you've gotten what you want (diploma) why do you need to pay for it? Then again, I like the idea of debtor's prison. That would really teach them a lesson that they didn't learn in college. |
A better fix
A better fix would be to reform the way the loan companies collect on the loans Since they were privatized the interest rates are over 9 percent and the way they calculate the payments are criminal. Navient was forced out for unjust practices. Why are we allowing these companies to make so much money off the people who are working hard to pay back the loans
I am still paying on a parents plus loan and have been paying for over 12 years My records show I paid it off 6 years ago When I print out the spreadsheet and calculate what I have paid it is well over the original loan. Some months the interest payment is 40% of the monthly payment and some months it is 80% and some months 100%. No rhyme or reason. I have asked many time for an audit and am not able to get one Also the addition to the balance with something called capitalized interest which they can never explain So sorry for the long note but a reform of how college loan debt is collected would be an important fix. Why allow companies to get rich which is not fair to the college borrows BTW previous loans were federally secured at abt 3 % before privatized and todays loans have no comparison to those that many of us took out all those years ago |
Forgot to add
Forgot to add the the allure of public loan forgiveness is nearly impossible to achieve.
It is supposed to be a program where say a doctor worked in an underserved area can get some of their loans forgiven Applies to public health and other fields With lots and lots of paperwork and changing requirements little more than 1% have gotten any parts of the loans forgiven |
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Well, we have a web designer that bakes websites with moral themes. She does not bake gay websites, porn websites, websites depicting violence or websites that depict other objectionable material (as defined by HER religion). And, as far as I'm concerned, her religion should not be an issue. It's just her choice for any reason at all that she doesn't bake gay wedding websites. No one asks Dunkin' Donuts to uphold the fact that their product line does not include cakes by insisting that they evidence their religious beliefs that cakes are objectionable. It's just their business decision. And I totally agree with the SC that her business decision stands. |
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When one signs a loan contract, he/she is legally obligating him/her self to repay the loan. Period. The vast majority in our generation did just that, with never a thought of trying to somehow weasel out of it. |
You nailed it. The loan amount is not the problem. It’s the predatory interest rates that make it difficult to ever pay off the debt.
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Why did the SCOTUS even weigh in? This woman was not even asked yet to provide any service, so there was no damage to be settled. The SCOTUS is way out of line and also drunk with power, were never voted in and won't even disclose thousands of dollars from billionaire "dear friends" they never had BEFORE becoming justices. Corruption at its best.
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If she only wanted to create websites for her friend's weddings or perhaps weddings in her church that would be one thing. She wanted to create wedding websites for everyone except "those people" and that is illegal discrimination. Some of the arguments in the dissent are worth reading. |
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graduated with a student loan hanging over their head. I don’t want to pay for any body else’s, although I would consider helping my 8 grandchildren go to college if I could. Considering we recently came very close to a government shutdown because we didn’t have the money to run it, how will the government pay for all of those “forgiven student loans”? Oh yes, WE TAXPAYERS will foot the bill. It ludicrous! |
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The entire "case" was based on a hypothetical and should never have made it to the Supreme Court. |
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