Tag Archives: student loans

Door Wide Open for Republicans on Student Loans, Alan Collinge, Student Loan Justice, Medium. Angry Bear has featured Alan and Student Loan Justice Org. well over a decade now. In the manner they are written, these loans by the Federal Government and maintained by private enterprises are akin to loans made by a hypothetical student loan shark. Loan relief exists for every other loan in this nation. Just not for Students. There are about 54...

Some information on Student loans sitting in SCOTUS. I would think the big issue here is who has standing. The states do not. Conservative jurists demand “textualism” to get what they want, except when a statute’s words thwart their desired goal. But by using a new trick, they break their own rules. That’s how they blew up the EPA’s Clean Power Rule and may soon eviscerate Biden’s student loan relief. The Conservative Justices and the “Major...

Unfortunately, this did not include the screening of “Loan Wolves.” The clip is approximately 36 minutes long. It includes Alan Collinge of Student Loan Justice who I have known for over a decade. Alan has been on Angry Bear Blog multiple times. He has not given up his, the crusade seeking relief for student loans. “Loan Wolves” Writer and Director Blake Zeff has written for The Onion and Politico besides doing other things. He is the chief...

Loans at the Lege RECEIVED TUE., FEB. 28, 2023 Another Letter to The Editor from a member of Student Loan Justice Org.. “Loans at the Lege – Feedback,” The Austin Chronicle Dear Editor, The fact that Texas legislators like Ted Cruz are opposing student loan cancellation makes no sense. The state is crushed under $141 billion in mostly federal debt, most of the people with these loans are either Republican or Independent, and the...

Recently, The American Prospect‘s David Dayen’s introduced us to a new student loan system. A new program implemented for income driven based repayments (IDR). It requires lesser payback amounts and shorter a time period than the of 25 years to pay back. Unfortunately, a person would still be in their mid-forties if everything works out as planned. No restraints on tuition yet having the freedom to grow. There is a question of whether earlier relief...

“Student loan repayment pause extended while waiting for debt relief,” (qz.com), Ananya Bhattacharya Student loan repayments were set to restart in the new year of 2023 if not forgiven. Another six more months breathing room has been granted before those repayments start again. The US Department of Education (DoE) announced the extension on November 22. The original moratorium was to coincide with the Biden administration’s student loan...

The little weasel Miguel Cardona has a grin on his face. They have been screwing these people over for decades. Department of Education did not check the fine print for FFEL loans. And now that Mohela said they will lose money, they yank the carpet out from under 800.000 people. God forbid they screw over a Federal Loan Servicer. What is Mohela: MOHELA has worked with student loans for several decades as a private lender. It has been a...

Alan Collinge at Student Loan Justice Org. is showcasing on Facebook various people who still have student loans even after the small loan relief. With these student loan holders, the ten or twenty thousand will go to fees, interest, and penalties as they exist or as rolled into loans. Very little (if it does) will touch the loan origination amount. The funds become gifts to the loan industry which originated the loan or the present holder of these...

All the delays in getting to this point. I certainly was not fooled. Biden has an extensive history of believing students will renege on their loans, when there was no evidence to support his contention early-on. By early, let go back to 1978 (link is provided). I have added other Angry Bear links to build a foundation for my words. Amateur Socialist brought up a point at Naked Capitalism, which makes sense: Reading through the comments I’m...

The Good Note this one on your calendar, the court gets it correct. Just when you think SCOTUS will raise its ugly right-wing head again, it decides differently. I can’t tell you what the votes were for and against. This is an unsigned decision. Mabe the one who ratted on the SCOTUS-Alito’s anti-abortion decision will give us a hint? Haven’t heard much from Ginni Thomas as of late. “Supreme Court issues rare emergency order favoring voters...