The Education Department planned to adjust how it calculates student loan payments to correct past errors, resulting in about 804,000 people balances erased.
Many PPP loans were forgiven without being considered taxable income, so there is precedent and there are many excellent arguments in favor of applying this for students who successfully paid income-based payments for literally decades.
Hopefully progress against this incredibly dysfunctional system will keep happening. Would be nice to give the non-wealthy Americans a better chance at home ownership, retirement savings, and other crucial financial progress. Rather than just saddling them with federal debt while taxes are slashed for the wealthy.
As a millennial, I’ve all but given up on seeing any meaningful change in what remains of my life. I’m tired of living on hopeium that boomers will get the fuck out of positions of power so some of the very obvious lies the wealthy told them, of which was regurgitated and believed by them and us, can start to be fixed. They lied about everything from going to college to get a better job, to the TWO, “once in a generation” economic crashes, to the over-bloated military industrial complex, to a botched global pandemic, to the gaslighting about fossil fuels and global warming, I’m done. I just try find candidates and causes that seem to genuinely want change and throw what little extra money my wife and I have at them.
My hope is that the Gen-Z kids continue to not give a fuck about shaking up the system and use their superior knowledge of technology to finally out these dinosaurs in Congress and enact some real change. I just don’t have any fight left in me, especially after COVID and the very obvious lies being told, to our face this time, that COVID was no big deal, all so some wealthy boomer could eat in a restaurant and get their hair done.
I see this attitude reflected in many of my peers, too. It’s a generational burnout on life, and the best I can muster is to throw support behind those with fight left in them.
You’re absolutely not alone. Not by a long shot.
Many PPP loans were forgiven without being considered taxable income, so there is precedent and there are many excellent arguments in favor of applying this for students who successfully paid income-based payments for literally decades.
Hopefully progress against this incredibly dysfunctional system will keep happening. Would be nice to give the non-wealthy Americans a better chance at home ownership, retirement savings, and other crucial financial progress. Rather than just saddling them with federal debt while taxes are slashed for the wealthy.
As a millennial, I’ve all but given up on seeing any meaningful change in what remains of my life. I’m tired of living on hopeium that boomers will get the fuck out of positions of power so some of the very obvious lies the wealthy told them, of which was regurgitated and believed by them and us, can start to be fixed. They lied about everything from going to college to get a better job, to the TWO, “once in a generation” economic crashes, to the over-bloated military industrial complex, to a botched global pandemic, to the gaslighting about fossil fuels and global warming, I’m done. I just try find candidates and causes that seem to genuinely want change and throw what little extra money my wife and I have at them.
My hope is that the Gen-Z kids continue to not give a fuck about shaking up the system and use their superior knowledge of technology to finally out these dinosaurs in Congress and enact some real change. I just don’t have any fight left in me, especially after COVID and the very obvious lies being told, to our face this time, that COVID was no big deal, all so some wealthy boomer could eat in a restaurant and get their hair done.
I see this attitude reflected in many of my peers, too. It’s a generational burnout on life, and the best I can muster is to throw support behind those with fight left in them.
I’m tired of being tired, ya’ll…