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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGot Some Good News: A Follow Up
Old OP reference: https://www.democraticunderground.com/100218969237
So as a follow up to my recent email about the possibility that my student loans could be forgiven.
I got an email from my student loan servicer that, officially, MY ENTIRE STUDENT LOAN BALANCE HAS BEEN FORGIVEN a $106,000 in debt is just gone. Just gone. That's it.
With that I am all but debt free. Got a small balance on a credit card I pay off regularly and car loan but that's it.
I cannot express what this feeling is like. I have been paying on and off for 28 years, with those loans hanging over my head and the balance never really going down. I am still processing this turn of events. It just melts my brain. It's also not lost on me that but for President Biden this would not have happened and he has my humble thanks and eternal gratitude.
I did make a promise to change my handle to "Happychair" but I will have to ask EarlG or someone how that would work.
elleng
(141,926 posts)Joinfortmill
(21,109 posts)2naSalit
(102,661 posts)Elessar Zappa
(16,385 posts)I know the joy youre feeling, mine was cancelled a few years ago after I had been on disability for five years and wasnt able to keep up with payments.
electric_blue68
(26,835 posts)area51
(12,681 posts)Hekate
(100,133 posts)Demovictory9
(37,113 posts)BumRushDaShow
(169,433 posts)First - CONGRATULATIONS AND SO HAPPY FOR YOU!!!
Second - you can just sofa jump.
Fla Dem
(27,620 posts)EarnestPutz
(2,843 posts)Ive thought that Angrychair was some reference to Clint Eastwoods silly performance at the Repub convention.
angrychair
(12,257 posts)I've used it for a very, very long time for different things, since around '94 or so.
It's a reference to a song by a band named Alice in Chains .
EarnestPutz
(2,843 posts)Goddessartist
(2,176 posts)So happy for you!!! ☺️
tom_kelly
(1,051 posts)Congratulations!!! I'm familiar with how that feels - mine was forgiven too. It's amazing
peppertree
(23,317 posts)wolfie001
(7,632 posts)....and Erik Estrada performed this famous hit in some disco. It was somehow part of the storyline. My brain broke that day. Good times
Leith
(7,864 posts)MLAA
(19,738 posts)Lonestarblue
(13,461 posts)Easterncedar
(6,221 posts)Thats exactly how I want my tax dollars spent.
fierywoman
(8,587 posts)GiqueCee
(4,197 posts)... of how things work in Congress to outsmart the Republican troglodytes who wanted to block ANY college loan forgiveness.
I am happy for you!
spanone
(141,542 posts)CONGRATULATIONS angrychair
FakeNoose
(41,544 posts)CanonRay
(16,164 posts)I just don't understand people who oppose this, including some liberals. I paid off may loans but they are nothing like today's.
CrispyQ
(40,945 posts)Man, that must be a load off!!
wendyb-NC
(4,684 posts)So good to hear you got out from under that unreal student loan debt.
niyad
(132,261 posts)whole being! Raising a glass to you, and to President Biden. Now go do something very celebratory for yourself, and BREATHE!!!
oasis
(53,654 posts)liberalla
(11,081 posts)am very pleased to read this follow up. Congratulations to you Mr Newly Happy happychair, and thank you President Biden for making this happen!
et tu
(2,387 posts)'brand new day' for you!
wryter2000
(47,940 posts)I hope there are a lot more people in the same boat with you.
Marcuse
(8,997 posts)TBF
(36,600 posts)around $70K - I had been put in that program decades ago and paid my income adjusted payment every month. I'm sure I had paid off the principal over all that time, it is the compounded interest that gets you with the loans. I am very grateful to Biden for helping with this and just another reason I'm voting for him again.
I wish they could redo the programs for student loans, keep them in the public sector, and run them with low/no interest to give people a chance. The banks are the only ones who really win with the way it's done now.
yonder
(10,287 posts)Sort of like paying off a mortgage, or good news from the doctor: "the tests came back negative" or maybe even one's first car where you can just take off without asking dad for the keys.
Freedom! and cue Snoopy's Happy Dance.