Under Trump's proposed budget, the Public Service Loan Forgiveness program would be eliminated.program is a federal program created by President George W. Bush that forgives federal student loans for borrowers who are employed full-time in an eligible federal, state or local public service job or 501 nonprofit job who make 120 eligible on-time payments over ten years.
The proposal would impact borrowers who borrow a new student loan starting July 1, 2020, excluding borrowers who are completing their current course study. Therefore, if you borrow or have borrowed a student loan prior to that date, you would presumably still be eligible for this student loan forgiveness program.
for federal student loans, which causes confusion for student loan borrowers. Income-driven repayment plans such as PAYE and REPAYE enable borrowers to repay their federal student loans based on income, family size and other factors, and can result in student loan forgiveness. Trump's repayment plan would reduce the number of income-driven repayment plans to one, and offer student loan forgiveness for both undergraduate and graduate federal student loans.Monthly student loan payments would be capped at 12.5% of income. After 15 years of monthly payments, any remaining student loan debt would be forgiven. This is five years earlier than current income-driven repayment options for undergraduate student loans.Monthly student loans payments would be capped at 12.
Good. Pay their bills like everyone else
While the article is informative, this headline is super misleading. Actually read the article and follow up closely to the updates on this budget. Based on the votes, we will identify the most a..holes politicians in both sides of the uniparty...Stay Strong and Fight...
I'll play. Here is my proposal. STEM Majors: No Cap Gender/Race Studies: $5.00
Just cancel it all, it's waste of time going to college anyways, people need to know that.
The student loan forgiveness program is so limited as is, I don't understand why it needs to be eliminated. As it stands, you have to do the following to qualify: (1) Be employed full-time in an eligible public service job (2) Miss zero payments for 10 years Seems reasonable.
I took out my loan and I paid it back. It is my debt, not my neighbors’ debt. Be responsible.
nyuniversity nypost thedailybeast GOP FoxNews Wait What? 😳
Free money up till now?
THiS JaCKAzz OppoSeS ANyTHiNG THaT HeLPs ReGuLaR WoRKiNG AMeRiCaNs! He’S ALWaYs WiLLiNG To HeLP BiG BuSiNeSS OnLy!! TaX BReaKs & TrumP is HiDiNG HiS TaXeS!! MeaNWHiLe IvanKa GeTs $100M FoR “WoMeN” GLoBaL FuND!!
InquiringF , i know it’s not for you but it’s important To take a look.
It was in effect?
Coz his own kids never had to go through that
Good. I paid back my loans!
RF
In Malaysia, supposedly the new government elected thought of 'forgotten students loan' called PTPTN!
ترامب قراراته طائشة جدا وتضيع أجيال ! لكنه شجاع
'Pay your bills, dammit!' === I can just imagine him saying this.
Because only the rich should get higher education. That said the student loan program needs lots of work. I think using JCs as a starting point should get more consideration. To do that the classes would to be standardized so they would transfer universally.
It's almost like Trump wants to be a one-term president. 🤔
Vasco
Guys, this headline is super misleading. Actually read the article and don’t assume the contents just because it has Trump’s face on it.
Good.
the subsidies program needs to end since its what's driving up prices
What?!
DavidPepper No way that passes in the house
Because there are never enough ways to fuck over the middle class and young people.
45 has no understanding of what is needed to assist our citizens he is greedy and self motivated
Good, enslave all graduates of the government indoctrination system. Keep them sub-servants of their masters. Especially you poor kids who are trying to move ahead in life.
Black power
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