Pack93z
  • Pack93z
  • Select Member Topic Starter
12 years ago
So.. if you make your payments small enough, stretch it over 10 years... you too can pocket up to a cool 45,520 dollars. Sweet.

All in the name of stimulating the current economy.. giving away future dollars. Brilliant.

Can you have your student loans forgiven after 10 years?

Representative Hansen Clarke of Michigan introduced The Student Loan Forgiveness Act  of 2012 (H.R. 4170) this month with the aims to “make student loan repayment both simple and fair,” according to the congressman and you may be able to have student loans forgiven if you have been paying for 10 years.

For some, the forgiveness would be instant (those paying 10 years and meeting other criteria) and the hope is the money would be used to help stimulate the economy.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Zero2Cool
12 years ago
At my current payment schedule, I'm looking at 12 more years. Should I qualify for this or you being a smartass?
UserPostedImage
Zero2Cool
12 years ago
Wait, if our national debt is $15,568,065,521,254 how can we pay off student loans?
UserPostedImage
Pack93z
  • Pack93z
  • Select Member Topic Starter
12 years ago

At my current payment schedule, I'm looking at 12 more years. Should I qualify for this or you being a smartass?

Originally Posted by: Zero2Cool 



According to the details.. you very well may be able to qualify it you have been paying for 10 years.. or when you hit 10 years.


My point is.. why sell out tomorrow (future students getting their loans eliminated) for the sake of a minor boost to the economy now.



"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Wade
  • Wade
  • Veteran Member
12 years ago
ARGH!!!!!!!!!!!!!!!!!!!!!!!


And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)
Pack93z
  • Pack93z
  • Select Member Topic Starter
12 years ago

ARGH!!!!!!!!!!!!!!!!!!!!!!!

Originally Posted by: Wade 



Okay.. whom is the ARGH directed to.. lol.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Porforis
12 years ago

ARGH!!!!!!!!!!!!!!!!!!!!!!!

Originally Posted by: Wade 



Me too. I just dropped $2500 towards the wife's student loans.
wpr
  • wpr
  • Preferred Member
12 years ago
alright there is hope for my kids. But since they have not started yet the govt will come to their senses (snerk) and abandon the program when they get to year 9.
UserPostedImage
Wade
  • Wade
  • Veteran Member
12 years ago

Okay.. whom is the ARGH directed to.. lol.

Originally Posted by: Pack93z 



To the kind of morons who thought up this Student Loan Forgiveness Act.

And to the morons who keep voting for them.


I am hereby adding Wade Rule #63:
It is impossible to overestimate the stupidity of "solutions" that politicians will find.
And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)
gbguy20
12 years ago

To the kind of morons who thought up this Student Loan Forgiveness Act.

And to the morons who keep voting for them.


I am hereby adding Wade Rule #63:
It is impossible to overestimate the stupidity of "solutions" that politicians will find.

Originally Posted by: Wade 



is there somewhere i can find the first 62 rules because this list sounds awesome
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bboystyle (23-Dec) : yes its possible but unlikely. If we do get the 5th, we face the NFCS winner
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bboystyle (23-Dec) : yes due to tie breaker
Zero2Cool (23-Dec) : I mean, unlikely, yes, but mathematically, 5th is possible by what I'm reading.
Zero2Cool (23-Dec) : If Vikings lose out, Packers win out, Packers get 5th, right?
bboystyle (23-Dec) : Minny isnt going to lose out so 5th seed is out of the equation. We are playing for the 6th or 7th seed which makes no difference
Mucky Tundra (23-Dec) : beast, the ad revenue goes to the broadcast company but they gotta pay to air the game on their channel/network
beast (23-Dec) : If we win tonight the game is still relative in terms of 5th, 6th or 7th seed... win and it's 5th or 6th, lose and it's 6th or 7th
beast (23-Dec) : Mucky, I thought the ad revenue went to the broadcasting companies or the NFL, at least not directly
Zero2Cool (23-Dec) : I think the revenue share is moot, isn't it? That's the CBA an Salary Cap handling that.
bboystyle (23-Dec) : i mean game becomes irrelevant if we win tonight. Just a game where we are trying to play spoilers to Vikings chance at the #1 seed
Mucky Tundra (23-Dec) : beast, I would guess ad revenue from more eyes watching tv
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beast (23-Dec) : I agree that it's BS for fans planning on going to the game. But how does it bring in more money? I'm guessing indirectly?
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beast (23-Dec) : Barry seemed to get too conservative against new QBs, Hafley doesn't have that issue
Zero2Cool (23-Dec) : However, we seem to struggle vs new QB's
Zero2Cool (23-Dec) : Should be moot point, cuz Packers should win tonight.
packerfanoutwest (23-Dec) : ok I stand corrected
Zero2Cool (23-Dec) : Ok, yes, you are right. I see that now how they get 7th
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