Tag Archives: student loans

[unable to retrieve full-text content]Can President Biden cancel student loans? Why not? Newly elected President Trump has every intention to pardon the October 6th insurrectionists. Most of the loans depicted in the graphs have been recast into new loans having the interest rolled into them. It created a misconception of these being new loans instead of older loans. This […] The post Student Loan Debt Forgiveness appeared first on Angry Bear.

[unable to retrieve full-text content]While no plans have been announced by Donald Trump or Linda McMahon, a few existing programs are likely to undergo changes. What Will Federal Student Loan Repayment Look Like Under the Second Trump Administration? – By Steven Chung on November 27, 2024 at 12:16 PM Above the Law With President-Elect Trump returning to the White House in […] The post Federal Student Loan Repayment Under the Second Trump Administration appeared first...

[unable to retrieve full-text content]I have written about and posted on Student Loan debt forever and usually about Alan Collinge. This is never ending debt where the interest can be greater than the costs over the years of payback. That is, if it is ever paid back. In this particular commentary, it discusses a Masters in filmography or movie […] The post How Can the Loan Interest Become Greater than the Principal? appeared first on Angry Bear.

[unable to retrieve full-text content]It does not look like students holding loan debt and looking for relief will get any relief soon. Newly minted President Donald Trump is in the revenge mode. That would include help from Republicans. Like any new administration looking for revenge, this one will attack the weakest element. It does not mean that Student Loan […] The post Student Loan Updates 2024 appeared first on Angry Bear.

The Presidential Transition Project called “Project 2025” outlines a road map for how a new far-right presidential administration could take over the country. You can be sure Trump did not write this as it is readable. Former President Trump and his allies’ plan would have devastating impacts on our lives and our democracy, from banning abortion and contraception to gutting our system of checks and balances. One underdiscussed aspect of Project...

I have written about student loans or have added articles about student loans to Angry Bear here, here, here, here, etc, etc, etc. I go back years on the topic as well as Alan Collinge of Student Loan Justice does. Politicians resist loan forgiveness claiming students are taking advantage of the system. It is a lie and many of the students have interest on loans which surpass the principal. I know of no bank or business loan which has such harsh...

Most students who attend medical school in the US do so with student loans. Yes, some have military scholarships and some have wealthy parents, but most don’t. I’m guessing that most students reckon they’ll easily pay off the loans with the income that an MD or DO degree commands, and so far, they’ll be right.But the immensity of these loans has negative externalities. Here are two:1. It affects the residency choices of graduates. Students with large...

Originally, I put this into print November 2013. I took from many sources to complete it. I think it meshes well and still stands the test of time. The student loan issues and debt are still in existence. The debt owed is fare larger now with much of it being accumulated interest on principle. The cause of much of this is largely due to Biden’s policies before he became President up though 2005. The numbers for those having student loans is far...

This article came by way of Dale Coberly. In particular, Dale thought making student loans the responsibility of universities rather than students was enlightening. Florida Gov. Ron DeSantis unveiled a new economic plan Monday as part of his 2024 presidential bid that includes a goal of easing the path for student loans to be discharged through bankruptcy. DeSantis’ “declaration of economic independence” includes 10 pillars that he says will...

This article came by way of Dale Coberly. In particular, Dale thought making student loans the responsibility of universities rather than students was enlightening. Florida Gov. Ron DeSantis unveiled a new economic plan Monday as part of his 2024 presidential bid that includes a goal of easing the path for student loans to be discharged through bankruptcy. DeSantis’ “declaration of economic independence” includes 10 pillars that he says will...