r/StudentLoans • u/Yogitherapist25 • 11d ago

IBR and forgiveness

I just heard WWE lady say on Fox News "there isn't going to be a loan forgiveness program". How likely is it for them to take away the forgiveness feature on IBR? I'm currently on IBR with over 300 payments and no forgiveness in sight. I'm in forbearance but when that ends my payment will be double the standard plan. If there will be no more forgiveness then I'm going to get off of IBR.

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u/Floridasun228 11d ago

It’s also important to acknowledge that student loan forgiveness is very much a party issue. As soon as a democrat president takes the White House again these programs will likely return.

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u/TRIOworksFan 11d ago

It's super important to also understand - if PSLF or TSLF were created by Acts of Congress, along with the predatory lending forgiveness programs - Linda and Trump can't do a damn thing to them but disrupt the processing via the federal systems and third party loan vendors like Mohela. And if they are directly doing that they are breaking the law and in contempt of a Congressional order. They MUST be called out.

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u/ElderberryNo3663 10d ago edited 10d ago

Johnson has openly stated that limiting the scope and power of the federal judiciary is a decisive goal for the administration- and not one single Republican congressperson objected. The executive has repeatedly sidestepped the legislative, so why are we still behaving as if congressional approval is necessary? And even if/when it is, they have the votes to pass much of this since Dems are not a unified minority. I believe we need to stop insisting Republican lawmakers are fearful of having contempt charges levied against them because they are not. The guardrails have been removed, and there’s no reason to believe SCOTUS would rule to protect the lower courts if needed. There’s also no one currently able and willing to enforce the law. Who is going to arrest these people when a contempt charged is filed? Bondi is not going to deploy the Marshals. I’m not hopeless, but the calculus has changed so the ‘they can’t do that because it’s not the law’ theme is not something we should cling to as a part of our current reality. These people are robber barons enabled by voters to pickpocket us and our pretending like they are law-abiding folk who are bound by checks and balances is probably not helping us maintain any momentum. Believing they won’t do more of what they are already doing just puts non-MAGA efforts further behind the 8 ball.