The PAYE/IBR ship is sinking Forum

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Bronx Bum

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The PAYE/IBR ship is sinking

Post by Bronx Bum » Thu Apr 24, 2014 2:50 pm

For the second day in a row, the Wall Street Journal has written an article about how the program needs to go.



http://online.wsj.com/news/articles/SB1 ... #printMode



Also, TIME has picked it up.

http://time.com/#72786/the-next-massive ... ent-loans/

PAYE/IBR days are numbered. I'd bet even for people on it (like me).
Last edited by Bronx Bum on Thu Apr 24, 2014 2:53 pm, edited 1 time in total.

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patogordo

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Re: The PAYE/IBR ship is sinking

Post by patogordo » Thu Apr 24, 2014 2:50 pm

did you really just copy/paste the whole wsj article? lol

Bronx Bum

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Re: The PAYE/IBR ship is sinking

Post by Bronx Bum » Thu Apr 24, 2014 2:52 pm

patogordo wrote:did you really just copy/paste the whole wsj article? lol
Sorry. We do that on autoadmit, guess not here.

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anyriotgirl

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Re: The PAYE/IBR ship is sinking

Post by anyriotgirl » Thu Apr 24, 2014 2:54 pm

is the wsj always this colorful in its reporting?

POTUS2044

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Re: The PAYE/IBR ship is sinking

Post by POTUS2044 » Thu Apr 24, 2014 5:54 pm

anyriotgirl wrote:is the wsj always this colorful in its reporting?
The one on the front page yesterday (below the fold) wasn't nearly so much.

I rarely read them online but I could definitely imagine them showing more discretion for their print editions, particular for top stories

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bearsfan23

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Re: The PAYE/IBR ship is sinking

Post by bearsfan23 » Thu Apr 24, 2014 6:00 pm

I actually feel kind've bad for OP. It must suck to be that bitter and negative all the time. Literally every one of your threads and posts is essentially "the sky is falling".

Nomo

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Re: The PAYE/IBR ship is sinking

Post by Nomo » Thu Apr 24, 2014 6:22 pm

bearsfan23 wrote:I actually feel kind've bad for OP. It must suck to be that bitter and negative all the time. Literally every one of your threads and posts is essentially "the sky is falling".
I feel bad for anyone who is on PAYE or plans on using it. This is stressful. There does seem to be a movement to seriously curtail PSLF, and support for the program is minimal (the petition to keep it didn't get anywhere near the 100k signatures needed to even get a response out of the administration).

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patogordo

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Re: The PAYE/IBR ship is sinking

Post by patogordo » Thu Apr 24, 2014 6:23 pm

Nomo wrote:
bearsfan23 wrote:I actually feel kind've bad for OP. It must suck to be that bitter and negative all the time. Literally every one of your threads and posts is essentially "the sky is falling".
I feel bad for anyone who is on PAYE or plans on using it. This is stressful. There does seem to be a movement to seriously curtail PSLF, and support for the program is minimal (the petition to keep it didn't get anywhere near the 100k signatures needed to even get a response out of the administration).
yes, We The People truly has the pulse of the nation

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A. Nony Mouse

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Re: The PAYE/IBR ship is sinking

Post by A. Nony Mouse » Thu Apr 24, 2014 6:32 pm

Nomo wrote:
bearsfan23 wrote:I actually feel kind've bad for OP. It must suck to be that bitter and negative all the time. Literally every one of your threads and posts is essentially "the sky is falling".
I feel bad for anyone who is on PAYE or plans on using it. This is stressful. There does seem to be a movement to seriously curtail PSLF, and support for the program is minimal (the petition to keep it didn't get anywhere near the 100k signatures needed to even get a response out of the administration).
The petition to keep it didn't even get the name of the program right.

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Nomo

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Re: The PAYE/IBR ship is sinking

Post by Nomo » Thu Apr 24, 2014 6:38 pm

A. Nony Mouse wrote:
Nomo wrote:
bearsfan23 wrote:I actually feel kind've bad for OP. It must suck to be that bitter and negative all the time. Literally every one of your threads and posts is essentially "the sky is falling".
I feel bad for anyone who is on PAYE or plans on using it. This is stressful. There does seem to be a movement to seriously curtail PSLF, and support for the program is minimal (the petition to keep it didn't get anywhere near the 100k signatures needed to even get a response out of the administration).
The petition to keep it didn't even get the name of the program right.
Good point . . .

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sd5289

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Re: The PAYE/IBR ship is sinking

Post by sd5289 » Thu Apr 24, 2014 9:16 pm

Nomo wrote:
A. Nony Mouse wrote:The petition to keep it didn't even get the name of the program right.
Good point . . .
Not to mention the fact that the budget proposal including the PSLF slashing was DOA thanks to the Republicans in the House, so I don't think as many people took it seriously. The irony is that that PI students have the R's to thank for saving them for a little while longer, but the problem will be when they realize they have a prime slash and burn target in the PSLF that rings all the right "government bailout," "socialism!!1!!," etc. bells. Perhaps then PI students/atty's might start taking the threat to the program seriously (at the very least, any serious consideration of a retroactive application).

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Re: The PAYE/IBR ship is sinking

Post by ಠ_ರೃ » Sat Apr 26, 2014 6:58 pm

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