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Trump Calmly Redlining out PSLF and PAYE before anybody gets forgiveness

lol can you imagine being some Pace Law mouthbreather with $...
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  05/19/17
Yes
LTDanKaffe
  05/19/17
...
;;;;;;...;;;;;..;;
  05/19/17
i thought it was just PSLF
Can HRC still be POTUS? The answer may surprise u!
  05/19/17
PSLF first because people are coming up for forgiveness soon...
;;;;;;...;;;;;..;;
  05/19/17
the way PSLF is written, you qualify for the OPPORTUNITY to ...
Can HRC still be POTUS? The answer may surprise u!
  05/19/17
Really doesn't matter what it says, Trump won't let the gove...
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  05/19/17
Too bad for him it's Congress who makes the final call.
LTDanKaffe
  05/19/17
the courts also might have something to say lol
Can HRC still be POTUS? The answer may surprise u!
  05/19/17
The government won't get stuck holding the bag here. Rememb...
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  05/19/17
PAYE pumo, are you on paye? You've been PAYE threading for ...
.....,.,,,..,,,,,,,,..,...
  05/19/17
clinton really shredded a lot of consumer protections during...
BoughsOfHollydemisemipumo
  05/19/17
Will income driven repayment plans still exist albeit withou...
.........,,,,,....,,,,......... (Retiring)
  05/19/17
Yes, this will always exist. Basically just 15% a year til ...
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  05/19/17
Bankruptcy is different than the CONTRACTUAL LANGUAGE contai...
'"'''""''"
  05/19/17
Historically, very tough to sue the government and win over ...
;;;;;;...;;;;;..;;
  05/19/17
Some hero in the ninth circuit will grant specific performan...
LTDanKaffe
  05/19/17
pay your loans deadbeats
,,.,:;:.,;::.,;;,.,.:;.,;:.,;:.,;:;,.:;,..,;:..,;:
  05/19/17
I'll become a trumpmo if he does this never in a million ...
scholarshipalt0 (retired)
  05/19/17
We'll see in a few months. I'd be surprised if anybody gets...
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  05/19/17
they should've read the fine print before taking out 300k. l...
rotisserie chicken
  05/19/17
PAYE pumo back in full force, lol.
Metal Up Your Ass, D.A.
  05/19/17


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Reply Favorite

Date: May 19th, 2017 3:41 PM
Author: ;;;;;;...;;;;;..;;

lol can you imagine being some Pace Law mouthbreather with $250K debt who voted for Trump?

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345650)



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Date: May 19th, 2017 3:46 PM
Author: LTDanKaffe

Yes

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345681)



Reply Favorite

Date: May 19th, 2017 3:47 PM
Author: ;;;;;;...;;;;;..;;



(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345689)



Reply Favorite

Date: May 19th, 2017 3:49 PM
Author: Can HRC still be POTUS? The answer may surprise u!

i thought it was just PSLF

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345705)



Reply Favorite

Date: May 19th, 2017 3:50 PM
Author: ;;;;;;...;;;;;..;;

PSLF first because people are coming up for forgiveness soon, but PAYE will get axed in the next year or so, including retroactive.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345713)



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Date: May 19th, 2017 3:51 PM
Author: Can HRC still be POTUS? The answer may surprise u!

the way PSLF is written, you qualify for the OPPORTUNITY to be CONSIDERED for forgiveness. i think RE/PAYE is different though

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345723)



Reply Favorite

Date: May 19th, 2017 3:53 PM
Author: ;;;;;;...;;;;;..;;

Really doesn't matter what it says, Trump won't let the government/taxpayers take that hit.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345731)



Reply Favorite

Date: May 19th, 2017 3:54 PM
Author: LTDanKaffe

Too bad for him it's Congress who makes the final call.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345737)



Reply Favorite

Date: May 19th, 2017 3:57 PM
Author: Can HRC still be POTUS? The answer may surprise u!

the courts also might have something to say lol

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345770)



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Date: May 19th, 2017 4:03 PM
Author: ;;;;;;...;;;;;..;;

The government won't get stuck holding the bag here. Remember what happened when they made student loans non-dischargeable in bankruptcy over night:

Prior to 1976, student loans weren’t protected from bankruptcy proceedings. But that year, amid concern over high default rates, Congress passed legislation intended to safeguard federal investments.

The first version of the law put a ban on bankruptcy discharges for the first five years after a federal student loan was originated. It did include an undue hardship allowance that could discharge the debt earlier.

Two years later, lawmakers proposed a bill that would have returned bankruptcy rights to student loan borrowers. However, that legislation failed, and discharging federal loans through bankruptcy continued to be prohibited during the first five years after loan origination.

The law changed again in 1990, when the five-year rule was extended to seven years. In 1998, the law was revised again to remove any timeframe for allowable discharges, leaving undue hardship as the only way out.

Same shit will happen here, they will extend it out and eventually nix all forgiveness without ever forgiving a dollar.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345808)



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Date: May 19th, 2017 4:04 PM
Author: .....,.,,,..,,,,,,,,..,...


PAYE pumo, are you on paye? You've been PAYE threading for literally years

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345819)



Reply Favorite

Date: May 19th, 2017 4:06 PM
Author: BoughsOfHollydemisemipumo


clinton really shredded a lot of consumer protections during his time in office. he doesn't get called out often enough on this basis.



(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345827)



Reply Favorite

Date: May 19th, 2017 4:07 PM
Author: .........,,,,,....,,,,......... (Retiring)


Will income driven repayment plans still exist albeit without forgiveness

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345849)



Reply Favorite

Date: May 19th, 2017 4:09 PM
Author: ;;;;;;...;;;;;..;;

Yes, this will always exist. Basically just 15% a year til you die, but they will also take social security, 401k disbursements, etc.

Only way to actually get forgiveness will be to leave $0 to your heirs.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345866)



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Date: May 19th, 2017 4:13 PM
Author: '"'''""''"


Bankruptcy is different than the CONTRACTUAL LANGUAGE contained in your promissory note. How do you not get that?

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345893)



Reply Favorite

Date: May 19th, 2017 4:20 PM
Author: ;;;;;;...;;;;;..;;

Historically, very tough to sue the government and win over something like this. Some more detailed analysis of this particular situation:

http://www.huffingtonpost.com/entry/grandfathered-in-examining-retroactive-legislations_us_5840307ae4b0cf3f6455876f

http://www.huffingtonpost.com/entry/forgive-or-ill-sue-how-contract-law-could-save-public_us_58486ccae4b013b566b2ba54

TLDR version: if you are hoping you can sue the government when your loan forgiveness is axed, you're most likey fucked.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345961)



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Date: May 19th, 2017 4:31 PM
Author: LTDanKaffe

Some hero in the ninth circuit will grant specific performance

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33346046)



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Date: May 19th, 2017 3:53 PM
Author: ,,.,:;:.,;::.,;;,.,.:;.,;:.,;:.,;:;,.:;,..,;:..,;: (¡Adíos, Ameríca!)


pay your loans deadbeats

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345732)



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Date: May 19th, 2017 4:06 PM
Author: scholarshipalt0 (retired) (longemail@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@gayporn.org)

I'll become a trumpmo if he does this

never in a million years gonna happen though. at the very best it gets discontinued but still applies to current students/grads

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345833)



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Date: May 19th, 2017 4:14 PM
Author: ;;;;;;...;;;;;..;;

We'll see in a few months. I'd be surprised if anybody gets anything forgiven through PSLF. At a minimum, it'll be capped at like $25K. Nobody is getting $300K forgiven lol.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345898)



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Date: May 19th, 2017 4:11 PM
Author: rotisserie chicken

they should've read the fine print before taking out 300k. loans don't just get "forgiven" lol

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345877)



Reply Favorite

Date: May 19th, 2017 4:22 PM
Author: Metal Up Your Ass, D.A.

PAYE pumo back in full force, lol.

(http://www.autoadmit.com/thread.php?thread_id=3619796&forum_id=2#33345981)