Posted on 07/01/2023 7:30:51 AM PDT by Diana in Wisconsin
The Supreme Court struck down President Biden’s student loan forgiveness plan on Friday, a measure that would have wiped out nearly half a trillion dollars in debt for millions of Americans.
The decision will impact the nearly 700,000 Wisconsinites that have federal student loan debt -- a total that adds up to more than $20 billion.
Sid Bagley is one of those people who took out a federal student loan. He went back to school at age 45 to get a business administration degree and better himself.
“I hated my job so much I made the initiative to go back to school and do something better,” said Bagley.
But going back to school wasn’t cheap.
"I pay about $220 bucks a month in student loan repayment, which is also the same amount my rent went up this year,” Bagley said.
Since then, he’s been working hard to pay those loans back.
"I can see that there's a light at the end of the tunnel, it's just having to work so hard and so much just to get there."
Biden's plan to shave $10,000 off that total meant a lot to Bagley, but Friday morning's Supreme Court decision turned that around.
Those opposed to loan forgiveness say the decision is fair, however.
"How on earth can anyone say it is fair for them to pay for other people's education?" Republican Congressman Derrick Van Orden tweeted.
Bagley disagrees.
“They think we're privileged, when — look at me, I'm wearing safety yellow and stuff, I'm working my butt off, I work three jobs just to make a decent living for myself,” said Bagley.
President Biden said Friday afternoon that he is not giving up the fight to forgive student debt, saying his administration is working on a new plan as payments are set to resume in the coming weeks.
FIXED!
Don’t take out loans you can’t afford to pay back.
It’s that simple, entitled little Democrats.
Hey pal,
You made the choice and signed a contract. Sorry you have to live up to your obligations.
Pay your bills
Liberals run all these universities, they should think about lowering their costs
Somebody please post the Boo Hoo Girl gif.
Perhaps Brandon could work with Congress the old fashioned way and actually pass a bill on Student Loan transfers (from debtors to taxpayers).
Booo hooo. Try paying student loans at a then bargain 9.5% interest in 1981 in the teeth of a recession. Thinking of defaulting? Credit is trashed for seven plus years. In military? Laws were not in place or if they were, protections were non existent
Suck it up ya whiny bitches
I paid mine off years ago. To me, this wasn’t fair that I had to pay mine, but they were going to get a pass?
Best to line up jobs before leaving college. There’s always job days where companies get out a table and flyers, even the CIA.
YUsed to be, get cards and keep in touch. Some even helped finance your college if you made a good impression.
Maybe that doesn’t happen anymore but networking early sure helped me.
Buy a Case 580 Backhoe and trailer. Practice in an empty field, excavating.
We slept on naked box springs resting on concrete blocks, cooked on a hot plate, bought a refrigerator for $50 with no guarantee that it would work for more than 5 minutes (it never stopped working). Our table--for dining and studying--was a card table.
We didn't have two nickels to rub together.
I NEVER went into debt.
If I can do it, ANYBODY can do it.
These people get NO sympathy from me.
I AM NOT obligated to pay off ANYBODY's debt. These parasites seem to think I should.
The end goal of the left is for college to be “free”, paid for by the taxpayers who will have to work three jobs to pay the taxes.
Disgusting entitled parasites. These people make me sick to my stomach.
Used to be, one sent their kids to college for a premium education unobtainable otherwise. This would open the door for a professional career rather than a work-a-day job. Now people go to college for the “experience”. They take a gap year, they take courses in various “studies”. They become “activists”. They are taught to hate the USA. They never progress past their fraternity/sorority personas.
I had a business scholarship from high school in 1972 but Dad didn’t believe in girls going to college, so I had to let it go. I waited until my 50’s to go to college. I did it partly through employer tuition reimbursement and part myself. They paid tuition if I made good grades, but I had to buy my books and other materials. I got through it without any debt and a 4.0 GPA.
I didn’t go to an Ivy League school, and the company had to approve my courses, but I went.
Bunch of crybaby elitist spoiled brats.
If you don’t have a job by January in your senior year of college, you didn’t learn much in college.
You want the debt forgiven? Make the schools pay them off from their endowments, I think they can spring for it.
Don’t borrow money if u can’t pay it back.
45 year old man and thinks someone else’s should pay his bills?’
There is no hope for this country
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