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bigtree

(91,996 posts) Wed Jul 30, 2025, 03:09 PM Yesterday

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This message was self-deleted by its author (Original Post) bigtree Yesterday OP

One of the many things.that bothered me about the 2024 election LisaM Yesterday #1

That's PLSF... SickOfTheOnePct Yesterday #2

not my point bigtree Yesterday #3

And my point is... SickOfTheOnePct Yesterday #4

LisaM

(29,301 posts)

1. One of the many things.that bothered me about the 2024 election

Reply to bigtree (Original post)

Wed Jul 30, 2025, 03:14 PM

Yesterday

was how many people claimed they wanted student loan relief, then stayed home from the election. It's absolutely maddening.

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SickOfTheOnePct

(8,220 posts)

2. That's PLSF...

Reply to bigtree (Original post)

Wed Jul 30, 2025, 03:36 PM

Yesterday

…it’s available to all sorts of federal positions, and has been around for nearly 20 years. Same with the enhanced retirement benefits.

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bigtree

(91,996 posts)

3. not my point

Reply to SickOfTheOnePct (Reply #2)

Wed Jul 30, 2025, 05:05 PM

Yesterday

... the money that pays for THESE thugs' student loan forgiveness comes out of the SAME budget that cuts off student loan adjustments and relief for millions of Americans this administration says don't deserve it.

And don't look now, but even the Public Service Loan Forgiveness program is under attack by Trump:

...PSLF, like the rest of the student loan system, is sure to change, at least if the White House has its way.

When observers wondered whether education debt forgiveness was possible under Trump, leading student loans expert Mark Kantrowitz reminded us that the president tried to repeal PSLF (unsuccessfully) during his first term. The commander-in-chief has only continued those efforts since re-entering office in 2025.

Part of why the Trump Administration has tested each legal route is to head off any potential challenges. The future-proof route would have been via the Big Beautiful Bill, but the Senate Parliamentarian very likely wouldn’t have allowed Congress to fully dismantle PSLF as part of the budget reconciliation process, even if it had tried. (The Senate even did away with preventing doctors and dentists from counting residencies toward PSLF, which was in an earlier House version of the bill.)

https://finance.yahoo.com/news/change-coming-public-loan-forgiveness-203420454.html

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SickOfTheOnePct

(8,220 posts)

4. And my point is...

Reply to bigtree (Reply #3)

Wed Jul 30, 2025, 05:25 PM

Yesterday

...that this benefit was going to be available whether Trump's bill was passed or not, and would, in fact, have been available even if VP Harris had been elected. Its existence is unrelated and irrelevant to the existence of any other loan forgiveness programs.

And Trump may well be able to cut this program back, but to end it will take legislation, which wasn't the case with President Biden's programs, as they weren't part of the budget.

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