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Presidential Election: 11/3/20 ---Now the President Elect Joe Biden Thread


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Student loans is money the government can jus say it doesn't want anymore.  This idea on how much it's going to cost is based on the assumption everyone can pay it back, which isn't the case.  Theres no need to raise money to do this, jus say you don't want it anymore, poof.

Edited by Renegade7
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59 minutes ago, Cooked Crack said:

The same people betting on Trump the same folks who put their money in Iraqi dinars.

They moved the odds election night because the earlier numbers favored him so much that at one point betting on Biden to win had a payout of over 2x. 
 

It was hilarious to watch unfold. They all got excited and flipped the odds to trump being highly favored in a matter of an hour cause they bet so hard on him based on early numbers. 

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32 minutes ago, Larry said:

 

Uh, I'm pretty sure that money was loaned from banks and things.  

 

Even private loans are on table of being forgiven, my understanding. 

 

https://elizabethwarren.com/plans/student-loan-debt-day-one

 

ACHIEVING BROAD DEBT CANCELLATION THROUGH ADMINISTRATIVE AUTHORITY

The Higher Education Act gives the Department of Education the ability to modify, compromise, waive, or release student loans. This authority provides a safety valve for federal student loan programs, letting the Department of Education use its discretion to wipe away loans even when they do not meet the eligibility criteria for more specific cancellation programs like permanent disability discharge. 

 

 

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8 minutes ago, Renegade7 said:

 

Even private loans are on table of being forgiven, my understanding. 

 

https://elizabethwarren.com/plans/student-loan-debt-day-one

 

ACHIEVING BROAD DEBT CANCELLATION THROUGH ADMINISTRATIVE AUTHORITY

The Higher Education Act gives the Department of Education the ability to modify, compromise, waive, or release student loans. This authority provides a safety valve for federal student loan programs, letting the Department of Education use its discretion to wipe away loans even when they do not meet the eligibility criteria for more specific cancellation programs like permanent disability discharge. 

 

 

 

. . . and do it while defaulting on the federal guarantee which the Feds gave the lenders, when they loaned the money?  

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10 hours ago, Cooked Crack said:

Kraken status: Released.

 

 

 

 

 

 

Oh “In the Georgia complaint, which was only available on Powell’s website, the word district in the court name was misspelled twice on the first page of the document. First there was an extra c for ‘DISTRICCT’ and then, a few words later, ‘DISTRCOICT.’

 

 

 

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5 minutes ago, Larry said:

 

. . . and do it while defaulting on the federal guarantee which the Feds gave the lenders, when they loaned the money?  

 

Navient already got bailed out, im suprised Warren wanted to compromise at $50k worth at least instead of all of it. 

 

She mentioned by executive order she could do all of it. Technically executive branch can if it wants to.

 

Its a broken system, how pretty is the correction supposed to be?

 

https://www.nerdwallet.com/article/loans/student-loans/joe-biden-student-loans

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28 minutes ago, Califan007 said:

 

 

Oh “In the Georgia complaint, which was only available on Powell’s website, the word district in the court name was misspelled twice on the first page of the document. First there was an extra c for ‘DISTRICCT’ and then, a few words later, ‘DISTRCOICT'

 

Edited by techboy
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