Posted on 12/10/2022 12:49:45 PM PST by Oldeconomybuyer
Joy Morales-Bartlett could finally see an end to her decadeslong student debt by the end of this year.
But her ability to pay it off now rests in the hands of the Supreme Court.
More than 40 million borrowers like Morales-Bartlett were eligible to cancel up to $20,000 in federal student loan debt under President Joe Biden’s one-time student loan forgiveness plan.
But instead, her debt and that of roughly 16 million applicants who were also approved may never be forgiven if the Supreme Court sides with lower courts in Republican-led states that blocked the program. A ruling is expected next year.
NBC News spoke to a dozen student loan forgiveness applicants nationwide, ages 24 to 60, who had hoped for relief from their crippling debt — which has left some struggling to afford medical expenses and basic necessities and others unable to buy a home or start a family.
“It’s disheartening,” said Morales-Bartlett, 46, a former teacher from California who has been paying off her $89,000 in student loan debt the last thirty years and is currently dealing with health-related issues. “We’ve done the right things this whole time, and we are being punished for it.”
The Biden administration has since closed the application process until the court decides the program's fate sometime next year.
Meanwhile, the pandemic-era federal student loan repayment pause has been extended while the government awaits the court’s decision.
(Excerpt) Read more at nbcnews.com ...
Her history degree isn’t worth $900 dollars.
She has been paying off student loans since she was 16! Must have been a math teacher.
The "Right thing" would be to repay the loan you took out.
“It’s disheartening,” said Morales-Bartlett, 46, a former teacher from California who has been paying off her $89,000 in student loan debt the last thirty years and is currently dealing with health-related issues. “We’ve done the right things this whole time, and we are being punished for it.”
—
If one is 30 years into a student loan, you’re not doing things right.
She was probably stunned after graduation when she found out all the history factories closed. There is NO WAY our tax dollars should be used to pay their loans.
Oh B.S.! They are in the same shape they were prior to Biden promising something he couldn’t deliver. Their lives aren’t on “hold”. Make your dang student loan payments. You borrowed the money, didn’t you have plans to pay it back?
How strange. I took out a $200,000 mortgage and PAID that off in 30 years. Didn't need any special program to give me relief.
This is just a suggestion. There is no way this can put a life on hold. Get a job. Then pay off the loan. That's how it works.
Mr. Biden promised them something he has no power to promise and NBC blames Republicans and the courts.
Journalism is a dead art, fetid and rotting off the bones. Even a leftist like Cronkite would be shaking their heads at the pathetic efforts published today.
THEY TOOK OUT THE LOANS! THEY DECIDED ON WORTHLESS MAJORS!
What the hell is wrong with these people? Sure, it was stupid to buy a cubic zirconia with a $100k, 5% interest, non-dischargeable loan, but why is your inability to market that glass now my problem?
I graduated with 150k student loan debt [broke parents, straight white male so no ‘scholarships’ for me]. Paid it all off in 6 years by WORKING 2 jobs, NOT going to the disco/movies/bars, NOT leasing BMW’s, NOT taking vacations, NOT buying name brand clothes or shoes, NOT spending $1000 every 6 months for a phone, and NOT paying for cable/premium channels [and a hundred other “sacrifices” that were really just living like my grandparents did].
All I did was suck it up and press it out. I didn’t die, either.
So she started paying on her student loan debt when she was 16? She started college when a pre-teen? I'm not buying the story without proof.
So she started paying on her student loan debt when she was 16? She started college when a pre-teen? I’m not buying the story without proof.
= =
It’s New Math, or else Metric Years.
Important Life lesson #1
THERE IS NO FREE LUNCH!!
Suck it up buttercup
Their lives are not on hold. Their ability to pay the loan doesn’t rest in the court. The article is completely without value.
This student loan borrower expected no relief whatsoever. If they ever get around to relief for student loan borrowers, I’ll give them a break. I’ll be satisfied with 5% interest on the $13,000 I paid back in the 80s. Things are worse for graduates today? Check out my prospects coming out of college in 1978.
Apparently these “history” majors never read about the US Constitution and limitations on presidential power.
It is coming back to burn them.
She graduated college at age 16?
Female Mexican Doogie Howser...
Fools.
These same whiners get out of college and buy a $40,000 car.
Article I, Section 9, Clause 7: No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law...
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