Did I miss something? Did they, the gov, do something?

My daughter who still owes, just told me a payment was made wiping out her balance on July 15th - she has no idea who or what paid it.

Never mind - it just got transferred to another servicer. She hadn’t read her emails as of this morning yet…

Here I thought you were gonna trigger the attention whore / debt bitch into another thread! Crisis avoided

4 minutes ago, Bontz said:

Here I thought you were gonna trigger the attention whore / debt bitch into another thread! Crisis avoided

Please don't provoke that cunt

Student loan debt never goes away like bankrupting a casino’s does.

15 minutes ago, Mainecat said:

Student loan debt never goes away like bankrupting a casino’s does.

Shit who knew....I guess when my wife and I hammered away and paid off her almost $30K in student loans it was all just a myth and we still owe on it.

Fuck you are a retard on some things.

20 minutes ago, Mainecat said:

Student loan debt never goes away like bankrupting a casino’s does.

Except for when the some non whites get their Student loans forgiven by a mush brain POTUS

37 minutes ago, Mainecat said:

Student loan debt never goes away like bankrupting a casino’s does.

Really??

I paid mine off in 2 years and then we paid my wife's s off in 2 years in the late 90s.

My daughter graduated 2 years aga and made he last payment in January. She would have done it sooner, but would have lost a free $2500 from the state of Maine when she filed her taxes...

College is an investment, and as you know, if you can't pay your loans when you get out, it was a very bad investment.... Why should others pay for people's investments that don't pay off?????

Just now, MILFMAN said:

Really??

I paid mine off in 2 years and then we paid my wife's s off in 2 years in the late 90s.

My daughter graduated 2 years aga and made he last payment in January. She would have done it sooner, but would have lost a free $2500 from the state of Maine when she filed her taxes...

College is an investment, and as you know, if you can't pay your loans when you get out, it was a very bad investment.... Why should others pay for people's investments that don't pay off?????

Good for you. My point still stands. Corporate America can file bankruptcies at will, erasing their debt. But a student who has education loans can’t?

That’s fair right?

10 minutes ago, Mainecat said:

Good for you. My point still stands. Corporate America can file bankruptcies at will, erasing their debt. But a student who has education loans can’t?

That’s fair right?

You can't? Well you would fall in line with your level of retardation doing so but its allowed.

You know you should do an internet search before you post half the shit you do.

https://studentaid.gov/manage-loans/forgiveness-cancellation/bankruptcy

You may have your federal student loan discharged in bankruptcy only if you file a separate action, known as an "adversary proceeding," requesting the bankruptcy court find that repayment would impose undue hardship on you and your dependents.

Edited July 30, 2025Jul 30 by Highmark

I'm actually looking at this right now, my kid is looking to do a graduate program in a year.

NPR

What borrowers should know about student loan changes in...

Now that President Trump has signed Republicans' massive overhaul of the federal student loan program, we explain what's set to change.

This is what I got out of the article based on a grad student:

So under Trumps Big Beautiful Bill there were changes to the federal student loan program. My kid is looking at grad programs, currently grad students can borrow up to the cost of the grad program with a lifetime cap at $138,500. Beginning July 1, 2026 there will be a cap at 20,500 per year with a lifetime cap at 100,000. Med and law degree is 50K max a year with a lifetime cap at 200,000. My kid has undergrad degrees in economics and political science. He's going for law so this helps him.

Repayment is going from 7 plans to 2 plans.

First plan has a repayment window between 10 and 25 years based on debt. The more you owe the longer the repayment plan.

Can't swing first plan, Second plan is based on adjusted gross income, Make 10K or less... $10.00 per month. 10 - 20K... 1% of AGI. 20 to 30K... 2% and so on. Maxes out at 10% for 100K and above.

If your interest is greater that your payment the government will wave any interest over your payment so you don't see your payment grow. In some cases the government will pitch in to help reduce the principle.

1 hour ago, Mainecat said:

Good for you. My point still stands. Corporate America can file bankruptcies at will, erasing their debt. But a student who has education loans can’t?

That’s fair right?

Most students taking loans have next to nothing to their name. So every one who graduates college with their worthless paper, and next day file bankruptcy to get out of paying and not really lose anything. So I'm not in favor of doing that.

Now if you want to make it "fair" by making it harder for anyone to file bankruptcy, I would listen to that argument. I think there's probably a place for bankruptcy though but I'm sure it gets taken advantage of like every single other government program to have ever existed.

Instead of being for free college, maybe be for advocating kids understand what they're signing up for when they take out loans. It's something they'll need to know when they reach the real world.

MoronCat was OK with bankruptcy until Trump came into the spotlight, and was found to have filed a half dozen times. TDS does strange things to people.

for all the time, effort and hand wringing over student loan forgiveness...

#1. we already have a program for a free college education in this country, it's called the GI Bill

#2. when is the last time you heard anyone in government discussing how to make state colleges more affordable, rather than this 'forgiveness' horse shit?

#3. get a government job... I guess https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service

College became a huge corporate profit boom decades ago.

State colleges too….its where politicians hide their buddies on the payrolls.

I'd be open to a discussion of student loan forgiveness if every college coughs up their endowment, every last penny of them first, and agree to cost cutting measures without cutting the teaching and research faculty.

On 7/30/2025 at 5:18 PM, Crnr2Crnr said:

for all the time, effort and hand wringing over student loan forgiveness...

#1. we already have a program for a free college education in this country, it's called the GI Bill

#2. when is the last time you heard anyone in government discussing how to make state colleges more affordable, rather than this 'forgiveness' horse shit?

#3. get a government job... I guess https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service

I don't disagree with that at all.

Like almost anything else when govt took over student loans the whole thing just went to shit. Colleges knew they basically could start charging anything they want.

Student loans should have a cap based on the typical salary you earn coming out of college.

If you want any type of gender studies degree the cap is negative.

There is plenty of college students going to college for free. If your parents are divorced there is a good chance your getting a free ride. If you are white and your parents are married and have decent jobs guess what your paying for school. I know many families with one parent making 6 figure income that send there kids to college free of charge they just claim the student under the parent with the less income. Look up Fafsa and see what the american taxpayer pays a year it will make you sick.

2 minutes ago, dsupercat said:

There is plenty of college students going to college for free. If your parents are divorced there is a good chance your getting a free ride. If you are white and your parents are married and have decent jobs guess what your paying for school. I know many families with one parent making 6 figure income that send there kids to college free of charge they just claim the student under the parent with the less income. Look up Fafsa and see what the american taxpayer pays a year it will make you sick.

just sent UW Madison their tuition money last night for this semester. there will be no debt for the first four years. fuck FAFSA

Edited August 18, 2025Aug 18 by Crnr2Crnr

Think I may have to get a divorce on paper....

A good friend of mine got divorced prior to his kids heading to college, and was able to take advantage of exactly what @dsupercat is referencing ... using his ex-wife's income to base the tuition costs. The least she could do, consiering the divorce was because of her whoring around on him. I say, good for him (and the kids), using her income vs. his. It's not their fault the system is so shitty and tuition costs are so ridiculous.

My oldest just graduated in May, and she has minimal debt that will be paid off before the end of the year. We wanted her to have a small amount to pay for on her own.

in state tuition for ours is $12,186 annually. dorms are only available freshman year. she's splitting an apartment with four friends this year... $3350 a month on a 12mo lease divided amongst them. (yes, Madison has batshit crazy rent). we have a neighbor who figured out how to beat the system... husband worked, wife didn't and kept their income at the minimum threshold to basically send four kids through Madison essentially tuition free.

great system when both parents work, make a decent living, pay their taxes and full price...

as stated... how much time and effort has actually been spent making the cost of state schools more affordable... rather than 'free'?

Wait.....I thought we didn't help the poor in the US?

35 minutes ago, Crnr2Crnr said:

in state tuition for ours is $12,186 annually. dorms are only available freshman year.

That is cheap. Jealous.