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The Feds can pay us in Javelins and HIMARS and we can call it even.It is not gonna be 20 grand for most people. That is just for Pell grants. Every other loan will get 10,000 forgiven which is what the majority of Americans have.
It is also going to cost around 300 billon.
I dont think you know what you are talking about. Pell grants are not a loan. They are a grant.It is not gonna be 20 grand for most people. That is just for Pell grants. Every other loan will get 10,000 forgiven which is what the majority of Americans have.
It is also going to cost around 300 billon.
Can someone break it down barney style to what the loan forgiveness shit means?
Would taking forgiveness royally fuck someone over 10 ways to sunday (I already know it fucks over every tax payer) over a period of time. Is it even worth applying for if you have under 10k worth in loans?
Well, now. I'm sure all those people with student loans will be sure to note the debt cancellation on their taxes.
https://www.irs.gov/taxtopics/tc431
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Pretty much depends on your life issues .Under current law, the tax code treats forgiven or canceled debt as taxable income, with some exceptions. If a borrower has debt forgiven, it is treated as if the borrower earned additional income in the previous tax year equal to the amount of forgiven debt. For example, if a borrower with an annual taxable income of $35,000 owes $20,000 in debt that is subsequently forgiven or canceled, the $20,000 in debt is added to their taxable income for a total of $55,000. Generally, a borrower is provided a 1099-C tax form when debt is canceled or forgiven, which reports the forgiven amount as taxable income to the IRS and the taxpayer. - https://taxfoundation.org/student-loan-debt-forgiveness/
I know what it is. It is an income based grant that goes to people from extreme low income backgrounds. Usually people of color. That is what the 20,000 forgiveness goes to. Everything else is 10,000 forgiven.I dont think you know what are talking about. Pell grants are not a loan. They are a grant.
STEM is actually a huge scam too. Lots of people get STEM degrees and struggle to find a job. The real value in those degrees is the internship pipeline and being eligible for internships to get your foot in the door.
This is accurate. These days I get applications for engineers of all disciplines with over 3.5 GPAs, internships, and extracurriculars for entry level positions. STEM, at least engineering, is fully saturated. As far as I recall, engineering was one of the last STEM degrees that had considerable growth. The idea of a guaranteed job is no longer a reality for STEM. I don’t think that’s going to change, which changes the value proposition of STEM degrees. Of course, there’s lots of effort to add more diversity and any nigga with an engineering degree will jump to the front of the line. It’s gotta be frustrating to pull all nighters, working your ass off, and see Shitavious who got a 2.1 GPA get a job offer before you. I don’t know how current huwhite engineering students take it so well.This was already true 20 years ago. If you got a BS in engineering and did zero internships, good luck getting hired.
Lots of people get them other than blacks. Any poor white area who send their kid to community college will be getting them.I know what it is. It is an income based grant that goes to people from extreme low income backgrounds. Usually people of color. That is what the 20,000 forgiveness goes to. Everything else is 10,000 forgiven.
"Pell Grants are awards geared toward low-income students to help them cover the costs of their college expenses. The award varies, but the max is currently set at $6,895 for the 2022-23 academic year. Pell Grants are often used by students of color."
"In a tweet, Biden said he intends to cancel up to $20,000 of student loan debt for Pell Grant recipients and $10,000 for all other borrowers. The president is also extending a moratorium on loan payments until Dec. 31."
As for how this is gonna function if you have both? No one knows. Biden did this by unilateral executive decision.
Speaking of, our new black mayor appointed a man to the Domestic Violence Task Force who was convicted of... wait for it... beating his 6 year old daughter! Truly an act of restorative justice!One reason public pools in black neighborhoods get shut down because “where did the money go?” is a fact of life in neighborhoods run buy black Democrats. The bucket crabs didn’t exactly promote honest leadership, ya know?
Amusingly, Engineering majors are the only ones at the university I go to that doesn't require a fake and gay diversity class. Thank Christ.This view is understandable but I have to disagree. In my a bit over half-century on this Earth I have seen more and more of this push to believe that the only way one can be successful is to get a degree, any degree. Alongside increasingly ignoring trade schools or methods of employment.
Children are basically indoctrinated to believe the only possible way to have success in life is to get a degree, and that any degree will open up opportunities for you. That kind of propaganda has a lot of effects I cannot fully lay the blame at their feet for. Its hard to argue they should have first planned out for exactly what kind of job they want when what they are told from grade school to high school is that the important thing is to simply have -a- degree.
I'd argue this systemic failure is deliberate though, the goal of much of the forces pushing it is to get kids into college to be indoctrinated into left-wing ideology.
I will gladly take Chem and Bio majors over H1B's any day of the week......and in fact, I have!FUCK OFF, WE'RE FULL.
didn't that site crash within hours of it being launched?I will gladly take Chem and Bio majors over H1B's any day of the week......and in fact, I have!
Story time: I was one of the dudes that helped with the launch of the 2010 Healthcare.gov and the absolute shit show that it was before/during/after. After the original company lost the contract (and all the H1B / Visa were not rehired) it was cheaper to hire Chem and Bio majors to do Javascript/UI grunt work then to have a full on CS Major. They worked out pretty well.
Ukrainians are proving oddly resistant to conquest. Like if the USA just emptied our prisons and sent them to go die in the glorious conquest of Canada as the EU shipped them guns and shit just to spite us. And all the Special Forces we sent in before hand died in stupid ways, like dropping Airborne into the freezing waters of the North Atlantic instead of the port city they were supposed to occupy.What the fuck is taking Russia so long?!
Yes, because it turns out H1B's shit in the code just as freely as they do in the street.didn't that site crash within hours of it being launched?
And how!didn't that site crash within hours of it being launched?
I will gladly take Chem and Bio majors over H1B's any day of the week......and in fact, I have!
Story time: I was one of the dudes that helped with the launch of the 2010 Healthcare.gov and the absolute shit show that it was before/during/after. After the original company lost the contract (and all the H1B / Visa were not rehired) it was cheaper to hire Chem and Bio majors to do Javascript/UI grunt work then to have a full on CS Major. They worked out pretty well.
But remember, America just doesn't have the tech talent and we need to import all of India in order to fill the jobs that no American can do. My experience aligns with yours. Most H-1Bs I've met would struggle to graduate from high school and couldn't code to save their life. I bet that within six months I could train any motivated American high school graduate to a level higher than 99% of our "skilled" immigrants.And how!
Pretty much at lunch every day for a month (until Cloudflare setup a massive waiting room/helped us out). We would track it on the screen as it hit lunch time in each time zone shit would just start going wonky. Every single part of the design was just a fucking mess.
I wonder if this'll be the string of events that'll finally make Null go to the supreme courtView attachment 3643086
I hate RINOs