-
• #15727
All I can see is a very good boy who tried his best
1 Attachment
-
• #15728
US government cancels a bunch of student loan debt, which obviously causes a bunch of republicans to go postal about how the government is just giving away money to people who don't deserve it.
White House responds by dragging them all on Twitter over the hundreds of thousands of dollars of PPP (Covid business loans) they had written off: https://twitter.com/WhiteHouse/status/1562916200866267138
-
• #15729
Wow! That's a lot of PPP loans forgiven... Jesus wept.
-
• #15730
Sadly not going to be enough for millions of folks. $10k is a hefty reduction for many, but for others it’s just a difference on paper, and it does nothing to break the systemic debt trap that causes problems in the first place: education providers mooching off the federal government by ratcheting tuition prices up and up; useless degrees from degree mills being a thing at all; the job market requiring degrees for jobs that don’t need them; private companies, spun off of banks, servicing the federal loans and misleading young people into a lifetime of debt…
Federal loans make up 92% of student loans, and the average loan is around $28,000 iirc. They can’t be erased with bankruptcy, so they’re effectively with you for life. To boot, it’s normal for the interest on the loan to be added to the principal, meaning that an aggressive loan agreement or job loss or other event can cause a debt spiral, even in the young and healthy.
For the less young 62+ cohort, mainly retired now, they have about 2.4 million people owing $98 billion in student debt. That’s $40,800 per person, and it’s highly unlikely to be repaid unless their estate has sufficient assets after their death. Since houses are most people’s main asset, especially in that cohort, their home will be put on the line to repay the loan. If their heirs don’t have the money to pay off the loan, the title to the house will need to be sold or partitioned, pushing young people further away from homeownership.
Big ol’ mess unhinged capitalism has created in the US.
-
• #15731
Education finance is fucked in general everywhere, however the win here isn't the $10k being written off. The win is the WH calling out the hypocrisy of those who criticise it on one hand after themselves receiving a government debt writeoff with a value many times that of the students' in the other.
-
• #15732
Ah yes, forgot what thread this was in, as I’d posted it to another thread too.
Agree with the epic win, and hoping for more Dark Brandon calling out repub politicians’ hypocrisy.
-
• #15733
Masterful romance scammer trolling
https://twitter.com/deathtospinach/status/1569652410246733827?t=hmv4yf5aC39r34nLBqpDJg&s=19 -
• #15735
Yeah!
-
• #15736
Amazing.
-
• #15737
Personal win, someone somewhere in the world has accidently topped my leccy up. Twice.
-
• #15738
topped my leccy up
Is this a euph?
-
• #15739
Is it just the government thing to ease energy costs?
-
• #15740
I thought that but no, thats 60 bar in Oct. This was a 20 then 10 a few days apart.
Hope they got sorted like but Im in no rush to let Boost know.
£30 is pretty much a whole month for me. -
• #15741
Prob not so great for the person who might be down to their last £30 to try and cook dinner for their family.
-
• #15742
Thanks for the guilt trip...
Hope they get sorted....
But I did touch on that pal.
-
• #15743
Im in no rush to let Boost know.
Touched on it, then dismissed the action to rectify it...
I'm sure it happens all the time, just don't really think it's a 'win' is all.
-
• #15744
OK.
My situation is Ive been paying back an attachment to earnings from the dole the past two months with one more to go. I had to get a credit card to put this months gas and leccy on after the last 2 weeks of the previous month I had no hot water cos I had to feed my cats and pay for emergency dental work.
Right now I have 2.77 in my bank and payday is next week.
It wasnt my mistake to rectify. Its a selfish win for sure but dont assume Im not on the poverty line too.Furthermore; how exactly could I rectify this?
"Hi boost I have free money on my account, think someone else has done it, can you chexk every customer you have tonsee who has run out so I can return it?"No
The customer who made the mistake is the only one who can prove they didnt get the funds on their account. I dont know who it is do I? Neither will Boost.
-
• #15745
https://twitter.com/LelandSage/status/1572033243385368577
More parks should have people playing death metal cello in their underwear.
-
• #15746
Bill Bailey is looking a bit rough
-
• #15747
Brilliant!
-
• #15748
What’s the opposite of ‘Overheard in the Golf Club?’
-
• #15749
Scoffed at in the Golf Club?
-
• #15750
Ranted in 'spoons?
I viewed a house with a room (a bit) like that, on Dalberg Rd in Brixton.