The Bozo administration announced Friday it would automatically forgive $39 billion in student debt for approximately 804,000 borrowers.
The relief is a result of fixes to the student loan system’s income-driven repayment plans.
Under those specific plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or 25 years, depending on when they borrowed, and their loan and plan type.
To bring additional people to forgiveness, Bozo and company counted payments for borrowers who’d paused their payments in certain deferments and forbearances, including those who’d made partial and/or late payments.
Although the forgiveness is a huge victory for borrowers, it sets the precedent that the “G” is there to take care of you – the exact opposite of capitalism, less government and more freedoms.
The announcement comes weeks after the United States Supreme Court struck down President Bozo’s sweeping student loan forgiveness plan, which would have delivered relief to about 37 million folks holding student debt.
Many ask why I’m so upset about this. And the answer is simple – I did it the hard way, all on my own with ZERO government assistance, there’s no reason everyone else can’t do the same especially because they made a choice to go to college and a commitment to the debt.
This is simply another act of socialism, the “G”, meaning the backs of the hardworking taxpayers are picking up the bill once again as a political party attempts to buy votes for the upcoming election.
Now that I’ve cleared my chest of that, let me say this . . .
Folks who served in our military, any and all branches of it – in my opinion should have education and medical benefits provided for them throughout the balance of their lives.
At the will of whichever party is in control, these men and women are told what to do and have no choice but to do it – regardless if they agree with it or not.
They’ve made the ultimate sacrifice, they’ve given up their free will to be 100% controlled by the “G”, in return the “G” should be doing much more for our service men and women.
Whereas the freeloader that went to school for a liberal arts degree and can’t get a good enough job to pay for it, shouldn’t be on the “G” or the taxpayer to foot their bill for anything.
I did it on my own and so can everyone else. If you desire some help, I’m here to provide that to you. All you have to do is reach out and we’ll have a conversation.
If there’s something I believe can assist you, we’ll talk about it. If there’s not, we can simply part as friends. There’s never any pressure coming from my side of the table.
You see, I make my living trading – I help others so they can have the opportunity to do the same. Most “guru’s” earn their living selling you products and services but not giving you any further help or additional insight – that’s simply not me.
So, if you want to chat, I invite you to reach out to me at: [email protected]
I look forward to hearing from you!