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MichMan

(17,249 posts)

33. The Federal government took over student loans in 2010 as part of the ACA

Reply to rickyhall (Reply #6)

Fri Feb 19, 2021, 09:04 AM

Feb 2021

Interest was included intentionally to offset the costs of the ACA

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Dem Sens Urge Biden To Use Exec Action To Cancel Student Debt Beyond $10K [View all] riversedge Feb 2021 OP

There are just so many ways to make the debts less burdensome bucolic_frolic Feb 2021 #1

Generally good thoughts that I somewhat agree with. The devil, as always, is in the details and KPN Feb 2021 #31

I wish today's students had it as easy as my dad did. Garion_55 Feb 2021 #2

yes Skittles Feb 2021 #15

Why are 2 top Sens asking Biden? Can't they write the legislation ? Budi Feb 2021 #3

I think they are floating the issue to see how much push-back it creates bucolic_frolic Feb 2021 #4

Executive Action GB_RN Feb 2021 #5

+1 nt JoeOtterbein Feb 2021 #23

Kill the interest, the profit, leaving just the principal. rickyhall Feb 2021 #6

Agree Normanart Feb 2021 #29

The Federal government took over student loans in 2010 as part of the ACA MichMan Feb 2021 #33

Just My Opinion OhioTim Feb 2021 #7

I agree. No one HAS to go to an expensive private school TexasBushwhacker Feb 2021 #9

And ordinary taxpayers shouldn't have to subsidize students who go to hugely expensive schools pnwmom Feb 2021 #11

It's about status more than about learning and education JI7 Feb 2021 #13

Well an Ivy, or semi-Ivy, can look really good on your resume TexasBushwhacker Feb 2021 #32

Thats why my daughter is pissed about it marlakay Feb 2021 #14

We would be a better country if people like your daughter just got over it and quit worrying... Hassin Bin Sober Feb 2021 #18

Obviously you don't know what its like to work marlakay Feb 2021 #19

Your stance is very understandable. blue neen Feb 2021 #20

I worked my way through college running a jackhammer. Hassin Bin Sober Feb 2021 #25

+1000! JoeOtterbein Feb 2021 #24

your comment could refer to many other situations riversedge Feb 2021 #28

Do you feel the same way about tax breaks for the wealthy? MichMan Feb 2021 #30

What of those "older" students with a debt, and I mean "older", how would this work turbinetree Feb 2021 #8

Or if not cancel it atleast set the interest rate to zero permanently. cstanleytech Feb 2021 #10

I think Joe may be concerned about a giveaway to students from wealthy families dlk Feb 2021 #12

Yawn. With all the other issues facing Americans and Biden, let's address those first, please! George II Feb 2021 #16

Yes, go beyond $10K leanforward Feb 2021 #17

Yep! JoeOtterbein Feb 2021 #22

K n R ! Thanks for posting! JoeOtterbein Feb 2021 #21

Really? so those of us who went to tech school because we felt we couldnt afford Kashkakat v.2.0 Feb 2021 #26

' The Biden admin has said they're reviewing options for cancelling up to $50K' riversedge Feb 2021 #27