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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

Fresh_Start

(11,330 posts)
Wed Feb 26, 2020, 08:14 PM Feb 2020

Warren already has success in getting government help on student loans

Warren already has success in getting government help on student loans for those students defrauded by for profit colleges
Earlier, Warren and others had helped convince the Education Department to agree to cancel the loans for some of those for-profit college students, opening the door to forgiveness for hundreds of thousands of people. Now, Warren was waging a new battle against Obama’s Treasury Department, which was planning to hit students with steep tax bills on their forgiven loans.
...
Warren’s goal, according to people familiar with the conversation, was not just to convince Obama that it was possible to do something that his own administration was telling him was impossible. It was to persuade him to spend some of his political capital — which was in short supply as he battled against a Republican Congress — on a group of struggling low-income students who had been defrauded by a now-defunct for-profit college chain.
[Explanation about the tax cancellation....under many circumstances when a creditor cancels a consumers debt, the cancelled debt is counted as income and becomes subject to income tax. So Warren was able to both get the loans cancelled and assure no income taxes were assessed. Look up 1099C if you want to understand the tax implications of debt forgiveness]

https://www.buzzfeednews.com/article/mollyhensleyclancy/elizabeth-warren-student-debt-for-profit-colleges?bfsource=relatedmanual

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
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Warren already has success in getting government help on student loans (Original Post) Fresh_Start Feb 2020 OP
She walks the walk. She's a DOer, not a talker. blm Feb 2020 #1
ditto nt Fresh_Start Feb 2020 #2
She also doesn't just flap her arms and yell. Hermit-The-Prog Feb 2020 #3
Somehow, my wife and I didn't get saddled with huge student loans. Hermit-The-Prog Feb 2020 #4
 

blm

(113,043 posts)
1. She walks the walk. She's a DOer, not a talker.
Wed Feb 26, 2020, 08:57 PM
Feb 2020

It is weird to me that any informed person would support a talker over a DOER.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Hermit-The-Prog

(33,328 posts)
3. She also doesn't just flap her arms and yell.
Thu Feb 27, 2020, 01:26 AM
Feb 2020

(I can say that, can't I?)

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Hermit-The-Prog

(33,328 posts)
4. Somehow, my wife and I didn't get saddled with huge student loans.
Thu Feb 27, 2020, 01:42 AM
Feb 2020

Both of our children did.

Why is this? When did a college education become as expensive as a house?

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
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