here we go
Alright, him touting his changes make me think nothing is gonna happen here.
Probably best to stop whispering here
Higher education act invoking for âcertain circumstancesâ
Missed payments for 12 months will not lead to default or credit harm
Lol who asked that question?
Isnât the Sec of Education capable of dismissing loans completely? Joe turns it over to the Ed Sec and makes it this convoluted âonrampâ or whatever this is? If youâre going to use âevery tool availableâ why not fucking use them. âWeâre working on itâ
Every tool available=every tool that you donât think this particular Supreme Court will find a way to invalidate
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Ehhhhhhhhhhh, so essentially we donât have any fucking clue yet what the ed sec is going to do
Have Cardona cancel it all, make them invalidate this
IANAL, but wasnât the âswipe of the penâ executive order action by Biden what they ruled against today?
How about she write some legislation instead?
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yeah but if he was doing this, why een present the convoluted â12 months free, no payments!â bullshit?
Wapo youtube has a white house press conference. Hopefully some clarity
Heâs not doing that, itâs me wanting him to. I mean heâs got Cardona right there, on board, flex some power muscles or something.
On the plus side Joe can simply recycle some messaging for his 2024 campaign. You can always run on fixing an issue if you never fix that issue :thinkingguy:
Bulllllllllllllllllllllllllllllllshit.
This fucking country.
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The architecture firm I used to work for had a record year. Still took a $500k PPP loan that they mostly disbursed to the owners.
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Yep. My regional accounting firm got 1.8 million. We did not lose any revenue. Fully forgiven and given to the rich old âmean guyâ partners
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Medical software company here. As far as I know a ton of our smaller clients closed their offices at start of pandemic and didnât pay for a few months, then had to all get current when they came back, so no real lost revenue. Somewhere in the period in between, we got $1.5M in PPP.
Law firms with profits per partner in the millions basically all took PPP loans and straight up pocketed the money
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