5
   

Biden's America #2

 
 
edgarblythe
 
  1  
Reply Sat 20 Aug, 2022 08:04 am
@izzythepush,
It's a combination of what you wrote. But they decide most elections these days.
izzythepush
 
  1  
Reply Sat 20 Aug, 2022 08:10 am
@edgarblythe,
Isn't that the case in all democracies?

If voting remained static there would be no change of government.

It's the floating voters/undecideds/independents who change their vote, not the party members.

The main difference over here at least is that while Labour and Tory voters tend to be one bloc, the undecideds can consist of all views across the political spectrum and none.
Region Philbis
 
  2  
Reply Sat 20 Aug, 2022 08:29 am
@izzythepush,

hopefully some R's wake up, realize just how bat-**** crazy the MAGA movement has become, and vote with the D's...
0 Replies
 
edgarblythe
 
  1  
Reply Sat 20 Aug, 2022 08:32 am
@izzythepush,
This is why I am critical of every government that gets elected. You can go through my a2k history and see I criticize them all. If you can't demand that they accomplish their sworn job to serve the people you're giving them carte blanche to do as they wish. I don't give them a break.
izzythepush
 
  0  
Reply Sat 20 Aug, 2022 09:29 am
@edgarblythe,
Politicians make all sorts of promises that thry never intend to keep.

David Lloyd George famously promised to hang the Kaiser, but he never did.

That was the thing about Hitler, people assumed he was exagerrating too, but he wasn't.

He kept his promises.
edgarblythe
 
  1  
Reply Sat 20 Aug, 2022 09:46 am
@izzythepush,
Politicians in America are predictable. Follow the money and you have them pinpointed. They will use every excuse why their promises cannot be implemented. While their net worth swells. Democrats no longer support workers beyond broken promises and rhetoric. They always keep the loopholes intact. The few bills they successfully passed are weak and have more holes than a collander.
0 Replies
 
Real Music
 
  2  
Reply Sat 20 Aug, 2022 07:03 pm
@edgarblythe,
Quote:
He's been selectively forgiving some student loans. It would take a simple signature from him to do away with it instead of the agonizing for two years.

1. Biden may be able to forgive Federal student loans, because those loans were granted and paid out by the Federal government.

2. I don't think Biden have any authority to forgive private student loans, because private student loans are granted and paid out by private entities, such as banks.

3. It is my understanding that Biden does not have the authority to order private banks to forgive student loans.

4. Even regarding the Federal student loans, I believe there should be some limitations or caps regarding the amount that is forgiven.

5. $10,000 of forgiveness, I find acceptable. Perhaps $20,000 of forgiveness, I might find acceptable.

6. I would strongly oppose forgiving enormous amounts.

7. For example: I believe that forgiving $100,000 federal student debt for a student is way too much to be forgiving.
0 Replies
 
Real Music
 
  2  
Reply Sat 20 Aug, 2022 07:21 pm
Difference Between Private student loans & Federal student loans

0 Replies
 
Real Music
 
  1  
Reply Sat 20 Aug, 2022 07:27 pm
Is Private Student Loan forgiveness possible?

Published May 3, 2022


0 Replies
 
edgarblythe
 
  0  
Reply Sat 20 Aug, 2022 08:04 pm
Most of us know which loans are forgivable by the president without visiting half a dozen sites and videos. Biden could have forgiven them in his first week on the job. End of story.
Real Music
 
  2  
Reply Sat 20 Aug, 2022 08:31 pm
@edgarblythe,
Quote:
Most of us know which loans are forgivable by the president without visiting half a dozen sites and videos. Biden could have forgiven them in his first week on the job. End of story.


Apparently edgarblythe, you didn't know which loans are forgivable by the president.
If you had known, you wouldn't have posted the following below statement:



edgarblythe wrote:
He's been selectively forgiving some student loans. It would take a simple signature from him to do away with it instead of the agonizing for two years.
0 Replies
 
Real Music
 
  2  
Reply Sat 20 Aug, 2022 08:34 pm
@edgarblythe,
1. I am trying to keep my discussions respectful and cordial.

2. I hope that you will do the same.

3. I'm not your enemy.
edgarblythe
 
  1  
Reply Sat 20 Aug, 2022 08:35 pm
@Real Music,
You've been going berserk but okay.
edgarblythe
 
  0  
Reply Sat 20 Aug, 2022 08:38 pm
I read articles pointing out a selective process for a long time. If it was just one or two they could be wrong. but it's more. If he were forgiving all the loans in his power people like Nina Turner and Elizabeth Warren would shut up about it.
0 Replies
 
Real Music
 
  1  
Reply Sat 20 Aug, 2022 08:39 pm
@edgarblythe,
If you genuinely believe that I've been going berserk, you are welcome to your opinion.
0 Replies
 
Real Music
 
  2  
Reply Sat 20 Aug, 2022 10:45 pm
Former ITT Tech students get $3.9B in debt cancellation


Published August 16, 2022


Quote:
WASHINGTON (AP) — Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found widespread and pervasive misrepresentations at the defunct for-profit college chain, the Biden administration announced Tuesday.

The action will cancel $3.9 billion in federal student debt for 208,000 borrowers, the Education Department said.

The debt is being forgiven using a federal rule known as borrower defense, which is meant to protect students from colleges that make false advertising claims or otherwise commit fraud.

The evidence shows that for years, ITT’s leaders intentionally misled students about the quality of their programs in order to profit off federal student loan programs, with no regard for the hardship this would cause," Education Secretary Miguel Cardona said.

It adds to the administration's growing list of piecemeal student debt cancellations — a similar action in June promised to erase $5.8 billion in debt related to Corinthian Colleges — but it provided no answers on broader student debt cancellation.

President Joe Biden supported debt cancellation as a presidential candidate and for months has been considering erasing up to $10,000 per borrower. He recently promised a decision by the end of August, but Tuesday's announcement cast no new light on his thinking.

Through targeted cancellation for specific groups of borrowers, the administration says it has now approved nearly $32 billion in student debt for 1.6 million borrowers.

The new policy will automatically cancel any remaining federal student debt that was used to attend ITT Tech from Jan. 1, 2005, through its closure in 2016.

At its height, ITT was among the largest for-profit college chains in the nation, with 130 campuses across 38 states.

The company abruptly shut down after facing heavy sanctions from the Education Department amid accusations that the company pushed students into risky loans and misled them about the quality of academic programs.

The Education Department has previously approved the cancellation of $1.9 billion in debt held by former ITT Tech students, largely for students who applied for relief saying they were misled by the company.

The new policy will not require borrowers to apply for relief.

Federal officials based the decision on findings from many state attorneys general, along with the Consumer Financial Protection Bureau and the nonprofit Veterans Education Success.

Investigators found widespread evidence that ITT Tech made false claims about the ability of its students to find jobs after graduating, the agency said.

They also found that the chain misled students about their ability to get credits transferred to other schools, and about the accreditation of the chain's nursing program.

"ITT defrauded hundreds of thousands of students,” said Richard Cordray, chief of Federal Student Aid, the federal office that oversees student loans.

By delivering the loan relief students deserve, we are giving them the opportunity to resume their educational journey without the unfair burden of student debt they are carrying from a dishonest institution.

The decision drew applause from groups that represent students.

“This is a life-changing announcement for thousands of people who only wanted to improve their lives and trusted the wrong people to help them do it,” said Libby Webster, senior counsel of the nonprofit Student Defense.

Tasha Berkhalter enrolled at ITT Tech in 2006 to pursue a career in criminal justice after being honorably discharged from the Army. Recruiters promised she would easily find a job after graduating. But after earning her bachelor's, no one would hire her.

“It was all for a degree that no one takes seriously. Whenever I told employers where I attended college, I was shown the door,” said Berkhalter, of Lima, Ohio.

Berkhalter previously got much of her nearly $100,000 in debt erased through the borrower defense rule, and said she expects more to be canceled soon.

“The cloud has been removed from over my head,” she said. “I know there are hundreds of thousands of former students like myself who are finally getting the relief they deserve.”

In a separate action, the Education Department began a process to recoup $24 million from DeVry University to make up for loan cancellations approved by the federal government because of alleged fraud.

In February, the Biden administration approved $70 million in relief for 1,800 former DeVry students after the Education Department concluded that the school lied about the success of its graduates in order to get new students to enroll.

It was the first time the agency approved such claims for an institution that’s still in operation.

DeVry will now get the chance to submit arguments explaining why it should not be held liable. DeVry officials are reviewing the department's notice, spokesperson Hessy Fernandez said. She emphasized that the school has changed ownership and leadership since the time of the allegations.

“We continue to believe the department mischaracterizes DeVry’s calculation and disclosure of graduate outcomes in certain advertising, and we do not agree with the conclusions they have reached,” Fernandez said.



https://news.yahoo.com/former-itt-tech-students-3-135908438.html
0 Replies
 
edgarblythe
 
  1  
Reply Sat 20 Aug, 2022 11:21 pm
When Will Student Loan Payments Likely Resume, and What Should Borrowers Do? Student loan payments will resume starting on Sept. 1, which leaves millions of borrowers waiting for word about whether they will have to begin repaying their student loans after a nearly two-and-a-half year break.
roger
 
  1  
Reply Sat 20 Aug, 2022 11:47 pm
@edgarblythe,
I'm assuming that interest has continued to accrue, and maybe compounded - as interest tends to do.
edgarblythe
 
  1  
Reply Sun 21 Aug, 2022 06:08 am
@roger,
I don't know, roger.
0 Replies
 
edgarblythe
 
  0  
Reply Sun 21 Aug, 2022 11:38 am
Sammhy Ramirez
Lowering prices on 10 drugs for the year 2026 out of 1,000+ others it’s a dam joke it’s meant to deceive you into thinking they’re really working hard into taking action and did the exact opposite.
0 Replies
 
 

 
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