Student loan forgiveness LMFAO

[America 1st]

Sounds like they are only gonna forgive for those making less than 100k annually FWIW

Stimulus Bill Has This Hidden Student Loan Tax Benefit

A tiny provision in the latest stimulus bill could provide a big benefit to student loan borrowers.

www.forbes.com

Don't work hard folks. You actually bring home less when you do.

Takingcrazypills.gif

 

[grimm515]

So, you're saying I should start my doctorate program ASAP?

 

[America 1st]

So, you're saying I should start my doctorate program ASAP?

Quit working if you're gonna do it.

If you're earning too much they'll fuck you even harder than normal.

 

[grimm515]

Quit working if you're gonna do it.

If you're earning too much they'll fucking you even harder than normal.

The good news is I work in public education so I never have to worry about making too much. That's also the bad news.

 

[44Bobcats55]

So, if you owe 40k over 20 years you can have that forgiven but you most likely will need to take out a short term loan to cover the tax liability. That loan would be 3-5 years a your cash flow would actually get worse. Sounds like it belongs in the bill.

 

[America 1st]

So, if you owe 40k over 20 years you can have that forgiven but you most likely will need to take out a short term loan to cover the tax liability. That loan would be 3-5 years a your cash flow would actually get worse. Sounds like it belongs in the bill.

Sounds like they've already made the forgiveness tax exempt in part of the stimulus bill.

 

[dirtytoeddawg]

Seems to me that if an education isn’t capable of producing a return large enough to even pay it back academia is admitting their product isn’t worth the paper it written on.

Maybe we should take the student loan business out of government hands & return it to the private sector where basic market forces such as risk/reward & supply/demand are weighed in the loan process.

 

[America 1st]

Seems to me that if an education isn’t capable of producing a return large enough to even pay it back academia is admitting their product isn’t worth the paper it written on.

Maybe we should take the student loan business out of government hands & return it to the private sector where basic market forces such as risk/reward & supply/demand are weighed in the loan process.

Spoiler: We all know what the story will be

 

[laterallyshaking]

I wonder how many liberal arts degrees my taxes are about to pay for.

 

[CrimsonTider22]

Well that’s complete and total bullshit! What about the 10 years I worked for less than a 100K and still paid off everything I owed, what do I get?

 

[America 1st]

Well that’s complete and total bullshit! What about the 10 years I worked for less than a 100K and still paid off everything I owed, what do I get?

Nothing you silly deplorable!