Bill for student-loan cancellations comes in -- nearly $3,100 per household

I've already tried to educate stupid Tom that the loan forgiveness he so heart-rendingly bitches and whines about is simply the Biden administration fulfilling the government's contractual obligations that the Trump administration welshed on. He seems immune to this basic education.

Yup, my wife benefitted from the program and had her loans forgiven for the over decade long work she did teaching at low income schools.  My Stafford Loans were forgiven over two decades ago with my work in low income schools. It was part of our loan contracts back when we got them.  

This whole thread is just another feeble attempt to give Biden crap for following through on something that should have already been done.  

No loans including student loans have a clause that allows the government to cancel it - stupid Kevin 

if someone thinks their student loan requirements were fulfilled go to court

Your statement is 100 percent false. The student loan contracts in question did indeed have a forgiveness clause 

One should not need to go to court to enforce a contract with the government. When Trump was thrown out of office, this was no longer a problem.

How many times do we have to hold your hand and explain this to you?

Yes, they do. Your debt is cancled in 10, 20 or 25 years depending on what type of loan you had. Trump tried to cheat people using the same ploy he used on the contracters he regurally refused to pay. Not many people working in public service or other low paying jobs have the cash to sue the Federal Goverment.

At bare minimum you would  probably need 75k in liquid assets.  Futhermore, you don't get the money back when you win your suit.  So unless your debt is huge, even if you sue, you will be out more money than you win.

If you really want knowledge Tom, all you have to do is read that link I posted.  It will tell you, with citations, even after some people filed suit and won their cases Trump refused to pay.  

Tom, what is your remedy when you file suit against the US government and then the US government refuses to pay the judgement after loosing their case? 

This comes from the Federal Student Aid website:

"Under the Teacher Loan Forgiveness (TLF) Program, if you teach full time for five complete and consecutive academic years in a low-income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $17,500 on your Direct Subsidized and Unsubsidized Loans and your Subsidized and Unsubsidized Federal Stafford Loans."

As I stated above, I had my Stafford Loan forgiven over 20 years ago, and my wife's was forgiven last year.  Both of them were under 15k, but better than nothing.  Mine loan was specfic in that it would be forgiven after 5 years of teaching in a low income school.  It's why I went for that specific loan. 

Here's the site if you are interested.  https://studentaid.gov/manage-loans/forgiveness-cancellation/teacher

Tom doesn't want to be educated because the facts make his positions look foolish.

IDK, but it seems like some of these guys think the government is forgiving 150K student loans of people just sitting back and waiting for them to be forgiven.  It's not our fault that many of us jumped on the Stafford Loan knowing we were going to get some of it forgiven over time for teaching.  My loans weren't very high and I did pay on them until they were forgiven after my 5 years of teaching.  My wife and I paid off a good portion of her loan(s) until she reached the 10 years of teaching in a low income school for hers.  

But yet the courts just put a stop in this.  

Nonsense. A federal court issued a temporary injunction agianst Biden's plan for additional student debt relief.

If you translate from stupidTomspeak, what he should have said was "A court imposed a delay on an expansion of student debt relief."

What's happening is that Republican lawmakers in seven states are desperate to stop Biden from implementing his student debt relief program, so they're suing--on the incredibly stupid premise that forgiving federal loans hurts their states. The current Nazi Supreme Court shares the same goals, however.