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"Smart and Sensible" Dynamic Loan Bill expands PAYE to 30 yrs

Looks like this bill that expands PAYE to 30 years for peopl...
Flatulent cowardly stage
  08/22/14
Has anybody read the text of the bill? Could this shit be re...
mint at-the-ready senate electric furnace
  08/23/14
It will bring everybody under a single umbrella so it would ...
Flatulent cowardly stage
  08/23/14
WTF? That can't be right. If you make $200,000, you'd ...
Sadistic cobalt athletic conference filthpig
  08/23/14
glad I got my 20 year PAYE locked in
Marvelous generalized bond
  08/23/14
...
mint at-the-ready senate electric furnace
  08/23/14
people who are already on paye get theirs reduced to 15
Chartreuse Dragon Karate
  08/23/14
SMART AND SENSIBLE!!!!!!!!!
Multi-colored plaza kitty cat
  08/23/14
, he lisped
Pink Soul-stirring Police Squad
  08/23/14
It also increases the amount to pay
mint at-the-ready senate electric furnace
  08/23/14
the boomers are really starting to institutionalize their bl...
Peach Idiot Site
  08/23/14
...
lime mentally impaired pit striped hyena
  08/23/14
this whole thing seems dysgenic. you're suppressing birth r...
Pontificating Insane Pervert
  08/23/14
...
mint at-the-ready senate electric furnace
  08/23/14
...
Pink Soul-stirring Police Squad
  08/23/14
Pay your debts you fucking deadbeats
rough-skinned drunken becky
  08/23/14
(Earl)
Turquoise vigorous school cafeteria internal respiration
  08/23/14
...
Bateful Bull Headed Step-uncle's House
  08/24/14
lol, with what money?
zippy rigpig tanning salon
  08/24/14
...
narrow-minded thriller native
  08/25/14
dysgenic fertility was a problem well before student debt be...
narrow-minded thriller native
  08/25/14
If I understand this right, doesn't this fuck current PAYE b...
Black Abusive Dysfunction
  08/23/14
Extra decade of payments AND higher payments (10k exemption ...
mint at-the-ready senate electric furnace
  08/24/14
Written to apply to all borrowers, including retroactive.
Flatulent cowardly stage
  08/24/14
Are you basing this off of the shitty article you quoted or ...
mint at-the-ready senate electric furnace
  08/24/14
I don't really think this will gain steam. Obama's plan went...
Shimmering bonkers heaven fat ankles
  08/24/14
...
mint at-the-ready senate electric furnace
  08/24/14
...
mint at-the-ready senate electric furnace
  08/25/14
http://www.govtrack.us/congress/bills/113/s2612 Prognosis...
mint at-the-ready senate electric furnace
  08/25/14
Any word on Tax Bomb with this?
Jade Beady-eyed Principal's Office Doctorate
  08/25/14
http://www.govtrack.us/congress/bills/113/s2612 Prognosis...
mint at-the-ready senate electric furnace
  08/25/14
spits 4 loko all over screen
wine vivacious church building
  08/25/14
LOL at Dynamic Repayment Act supporters
mint at-the-ready senate electric furnace
  08/25/14
...
sepia hairless tank
  08/25/14
...
mint at-the-ready senate electric furnace
  08/25/14
...
Marvelous generalized bond
  08/25/14
...
mint at-the-ready senate electric furnace
  08/25/14
...
mint at-the-ready senate electric furnace
  08/25/14
Prognosis 1% chance of getting past committee.
mint at-the-ready senate electric furnace
  08/25/14
...
mint at-the-ready senate electric furnace
  08/26/14
...
mint at-the-ready senate electric furnace
  08/26/14
...
mint at-the-ready senate electric furnace
  08/26/14
so a 10% penalty against earnings for pretty much your entir...
Bateful Bull Headed Step-uncle's House
  08/26/14
...
mint at-the-ready senate electric furnace
  08/26/14
...
mint at-the-ready senate electric furnace
  08/27/14


Poast new message in this thread



Reply Favorite

Date: August 22nd, 2014 11:30 AM
Author: Flatulent cowardly stage

Looks like this bill that expands PAYE to 30 years for people with over $57.5K debt is gaining steam across both sides of the aisle.

http://bipartisanpolicy.org/blog/2014/08/19/senators-rubio-and-warner-introduce-smart-and-sensible-bipartisan-student-loans-bill



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26182936)



Reply Favorite

Date: August 23rd, 2014 12:38 PM
Author: mint at-the-ready senate electric furnace

Has anybody read the text of the bill? Could this shit be retroactively applied

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26190127)



Reply Favorite

Date: August 23rd, 2014 4:18 PM
Author: Flatulent cowardly stage

It will bring everybody under a single umbrella so it would apply retroactively:

"Under the proposed bill, all federal loan borrowers will be automatically enrolled in an income-based repayment program. The program, previously in existence but drastically underutilized, directly transfers 10 percent of the borrowers’ annual incomes from their monthly paychecks towards repayment of their debt, with an annual $10,000 income exemption clause. Those who select to prepay their loans can opt out of the new standard, choosing to pay off their loans on a faster, individualized timeline. The senators hope that the bill’s simplified payment method will limit the risk of debt default and make loan repayment more manageable- goals that both Republicans and Democrats can get behind."

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191181)



Reply Favorite

Date: August 23rd, 2014 7:44 PM
Author: Sadistic cobalt athletic conference filthpig

WTF?

That can't be right.

If you make $200,000, you'd be forced to pay off your $20,000 balance in one year, even if you have 10 years left on the note.

I suspect shitty writing (or an incomplete excerpt).

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192321)



Reply Favorite

Date: August 23rd, 2014 12:41 PM
Author: Marvelous generalized bond

glad I got my 20 year PAYE locked in

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26190147)



Reply Favorite

Date: August 23rd, 2014 4:16 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191170)



Reply Favorite

Date: August 23rd, 2014 4:22 PM
Author: Chartreuse Dragon Karate

people who are already on paye get theirs reduced to 15

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191208)



Reply Favorite

Date: August 23rd, 2014 4:22 PM
Author: Multi-colored plaza kitty cat

SMART AND SENSIBLE!!!!!!!!!

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191209)



Reply Favorite

Date: August 23rd, 2014 4:23 PM
Author: Pink Soul-stirring Police Squad

, he lisped

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191217)



Reply Favorite

Date: August 23rd, 2014 4:32 PM
Author: mint at-the-ready senate electric furnace

It also increases the amount to pay

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191264)



Reply Favorite

Date: August 23rd, 2014 4:34 PM
Author: Peach Idiot Site

the boomers are really starting to institutionalize their bloodsucking, aren't they.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191286)



Reply Favorite

Date: August 23rd, 2014 4:38 PM
Author: lime mentally impaired pit striped hyena



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26191311)



Reply Favorite

Date: August 23rd, 2014 7:00 PM
Author: Pontificating Insane Pervert

this whole thing seems dysgenic. you're suppressing birth rates among the educated by suspending the sword of debt over their necks until their breeding years are over.

as a matter of public policy, it's pretty fucking putrid. thanks, boomers.

also, rubio is a gen-x'er. yet another example of gen-x desperately begging the boomers to let them lick their assholes. thanks, gen-x.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192147)



Reply Favorite

Date: August 23rd, 2014 7:22 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192245)



Reply Favorite

Date: August 23rd, 2014 7:23 PM
Author: Pink Soul-stirring Police Squad



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192252)



Reply Favorite

Date: August 23rd, 2014 7:27 PM
Author: rough-skinned drunken becky

Pay your debts you fucking deadbeats

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192264)



Reply Favorite

Date: August 23rd, 2014 7:28 PM
Author: Turquoise vigorous school cafeteria internal respiration

(Earl)

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192266)



Reply Favorite

Date: August 24th, 2014 5:13 PM
Author: Bateful Bull Headed Step-uncle's House



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197308)



Reply Favorite

Date: August 24th, 2014 5:18 PM
Author: zippy rigpig tanning salon

lol, with what money?

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197320)



Reply Favorite

Date: August 25th, 2014 11:56 AM
Author: narrow-minded thriller native



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26202345)



Reply Favorite

Date: August 25th, 2014 11:56 AM
Author: narrow-minded thriller native

dysgenic fertility was a problem well before student debt became a major issue. the mean IQ has been decreasing an IQ point per decade since the victorian times. this sounds small, but it seriously decreases the number of people at the high end of the IQ distribution.

http://www.sciencedirect.com/science/article/pii/S0160289613000470

before someone says, "but the flynn effect!" they should realize the flynn effect does not reflect a change in general intelligence (whereas reaction time indicates basic neurological integrity). the only non-coercive solution to this problem is technological.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26202340)



Reply Favorite

Date: August 23rd, 2014 7:46 PM
Author: Black Abusive Dysfunction

If I understand this right, doesn't this fuck current PAYE bros and people trying to get on PAYE in the near future? It's an extra decade of payments.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26192328)



Reply Favorite

Date: August 24th, 2014 4:54 PM
Author: mint at-the-ready senate electric furnace

Extra decade of payments AND higher payments (10k exemption instead of 150% poverty, and I don't know if this bases it off of agi like current payments). If this applied retroactively I may leave country

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197164)



Reply Favorite

Date: August 24th, 2014 5:08 PM
Author: Flatulent cowardly stage

Written to apply to all borrowers, including retroactive.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197276)



Reply Favorite

Date: August 24th, 2014 5:09 PM
Author: mint at-the-ready senate electric furnace

Are you basing this off of the shitty article you quoted or the text of the bill

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197283)



Reply Favorite

Date: August 24th, 2014 4:59 PM
Author: Shimmering bonkers heaven fat ankles

I don't really think this will gain steam. Obama's plan went through via executive action. This will fail because it will have to pass both houses - and people on both sides of the aisle will likely vote against it.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197197)



Reply Favorite

Date: August 24th, 2014 5:01 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26197223)



Reply Favorite

Date: August 25th, 2014 11:44 AM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26202280)



Reply Favorite

Date: August 25th, 2014 5:33 PM
Author: mint at-the-ready senate electric furnace

http://www.govtrack.us/congress/bills/113/s2612

Prognosis 0% chance of being enacted

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204388)



Reply Favorite

Date: August 25th, 2014 5:36 PM
Author: Jade Beady-eyed Principal's Office Doctorate

Any word on Tax Bomb with this?

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204409)



Reply Favorite

Date: August 25th, 2014 5:40 PM
Author: mint at-the-ready senate electric furnace

http://www.govtrack.us/congress/bills/113/s2612

Prognosis 0% chance of being enacted

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204439)



Reply Favorite

Date: August 25th, 2014 5:41 PM
Author: wine vivacious church building

spits 4 loko all over screen

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204453)



Reply Favorite

Date: August 25th, 2014 5:44 PM
Author: mint at-the-ready senate electric furnace

LOL at Dynamic Repayment Act supporters

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204470)



Reply Favorite

Date: August 25th, 2014 5:43 PM
Author: sepia hairless tank



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204461)



Reply Favorite

Date: August 25th, 2014 6:01 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204584)



Reply Favorite

Date: August 25th, 2014 6:16 PM
Author: Marvelous generalized bond



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204690)



Reply Favorite

Date: August 25th, 2014 6:18 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26204712)



Reply Favorite

Date: August 25th, 2014 10:53 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26206644)



Reply Favorite

Date: August 25th, 2014 10:55 PM
Author: mint at-the-ready senate electric furnace

Prognosis

1% chance of getting past committee.



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26206653)



Reply Favorite

Date: August 26th, 2014 1:11 AM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26207631)



Reply Favorite

Date: August 26th, 2014 9:16 AM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26208767)



Reply Favorite

Date: August 26th, 2014 1:34 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26210148)



Reply Favorite

Date: August 26th, 2014 1:38 PM
Author: Bateful Bull Headed Step-uncle's House

so a 10% penalty against earnings for pretty much your entire working career is supposed to be a good thing?

fix the problem. discourage kids from going to college who don't belong there. put downward pressure on tuition. put downward pressure on salaries.

(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26210174)



Reply Favorite

Date: August 26th, 2014 9:32 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26213277)



Reply Favorite

Date: August 27th, 2014 3:12 PM
Author: mint at-the-ready senate electric furnace



(http://www.autoadmit.com/thread.php?thread_id=2653219&forum_id=2#26218501)