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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...
Big ocher milk chad
  08/22/14
Has anybody read the text of the bill? Could this shit be re...
odious very tactful whorehouse
  08/23/14
It will bring everybody under a single umbrella so it would ...
Big ocher milk chad
  08/23/14
WTF? That can't be right. If you make $200,000, you'd ...
laughsome lemon candlestick maker step-uncle's house
  08/23/14
glad I got my 20 year PAYE locked in
tripping obsidian base
  08/23/14
...
odious very tactful whorehouse
  08/23/14
people who are already on paye get theirs reduced to 15
Scarlet seedy field friendly grandma
  08/23/14
SMART AND SENSIBLE!!!!!!!!!
Clear Giraffe Hell
  08/23/14
, he lisped
Zombie-like House
  08/23/14
It also increases the amount to pay
odious very tactful whorehouse
  08/23/14
the boomers are really starting to institutionalize their bl...
Fear-inspiring insane faggotry
  08/23/14
...
Spruce quadroon hospital
  08/23/14
this whole thing seems dysgenic. you're suppressing birth r...
beady-eyed lime potus
  08/23/14
...
odious very tactful whorehouse
  08/23/14
...
Zombie-like House
  08/23/14
Pay your debts you fucking deadbeats
Magenta big-titted idiot
  08/23/14
(Earl)
Azure Hairy Legs
  08/23/14
...
Henna shivering roommate
  08/24/14
lol, with what money?
Brindle Codepig Prole
  08/24/14
...
Brilliant Maniacal Forum Goal In Life
  08/25/14
dysgenic fertility was a problem well before student debt be...
Brilliant Maniacal Forum Goal In Life
  08/25/14
If I understand this right, doesn't this fuck current PAYE b...
bipolar menage old irish cottage
  08/23/14
Extra decade of payments AND higher payments (10k exemption ...
odious very tactful whorehouse
  08/24/14
Written to apply to all borrowers, including retroactive.
Big ocher milk chad
  08/24/14
Are you basing this off of the shitty article you quoted or ...
odious very tactful whorehouse
  08/24/14
I don't really think this will gain steam. Obama's plan went...
Opaque glittery sneaky criminal water buffalo
  08/24/14
...
odious very tactful whorehouse
  08/24/14
...
odious very tactful whorehouse
  08/25/14
http://www.govtrack.us/congress/bills/113/s2612 Prognosis...
odious very tactful whorehouse
  08/25/14
Any word on Tax Bomb with this?
adulterous parlor
  08/25/14
http://www.govtrack.us/congress/bills/113/s2612 Prognosis...
odious very tactful whorehouse
  08/25/14
spits 4 loko all over screen
Cracking ruddy property
  08/25/14
LOL at Dynamic Repayment Act supporters
odious very tactful whorehouse
  08/25/14
...
diverse famous landscape painting university
  08/25/14
...
odious very tactful whorehouse
  08/25/14
...
tripping obsidian base
  08/25/14
...
odious very tactful whorehouse
  08/25/14
...
odious very tactful whorehouse
  08/25/14
Prognosis 1% chance of getting past committee.
odious very tactful whorehouse
  08/25/14
...
odious very tactful whorehouse
  08/26/14
...
odious very tactful whorehouse
  08/26/14
...
odious very tactful whorehouse
  08/26/14
so a 10% penalty against earnings for pretty much your entir...
Henna shivering roommate
  08/26/14
...
odious very tactful whorehouse
  08/26/14
...
odious very tactful whorehouse
  08/27/14


Poast new message in this thread



Reply Favorite

Date: August 22nd, 2014 11:30 AM
Author: Big ocher milk chad

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: odious very tactful whorehouse

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: Big ocher milk chad

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: laughsome lemon candlestick maker step-uncle's house

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: tripping obsidian base

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: odious very tactful whorehouse



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



Reply Favorite

Date: August 23rd, 2014 4:22 PM
Author: Scarlet seedy field friendly grandma

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: Clear Giraffe Hell

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: Zombie-like House

, 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: odious very tactful whorehouse

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: Fear-inspiring insane faggotry

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: Spruce quadroon hospital



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



Reply Favorite

Date: August 23rd, 2014 7:00 PM
Author: beady-eyed lime potus

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: odious very tactful whorehouse



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



Reply Favorite

Date: August 23rd, 2014 7:23 PM
Author: Zombie-like House



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



Reply Favorite

Date: August 23rd, 2014 7:27 PM
Author: Magenta big-titted idiot

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: Azure Hairy Legs

(Earl)

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



Reply Favorite

Date: August 24th, 2014 5:13 PM
Author: Henna shivering roommate



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



Reply Favorite

Date: August 24th, 2014 5:18 PM
Author: Brindle Codepig Prole

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: Brilliant Maniacal Forum Goal In Life



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



Reply Favorite

Date: August 25th, 2014 11:56 AM
Author: Brilliant Maniacal Forum Goal In Life

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: bipolar menage old irish cottage

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: odious very tactful whorehouse

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: Big ocher milk chad

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: odious very tactful whorehouse

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: Opaque glittery sneaky criminal water buffalo

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: odious very tactful whorehouse



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



Reply Favorite

Date: August 25th, 2014 11:44 AM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 25th, 2014 5:33 PM
Author: odious very tactful whorehouse

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: adulterous parlor

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: odious very tactful whorehouse

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: Cracking ruddy property

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: odious very tactful whorehouse

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: diverse famous landscape painting university



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



Reply Favorite

Date: August 25th, 2014 6:01 PM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 25th, 2014 6:16 PM
Author: tripping obsidian base



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



Reply Favorite

Date: August 25th, 2014 6:18 PM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 25th, 2014 10:53 PM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 25th, 2014 10:55 PM
Author: odious very tactful whorehouse

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: odious very tactful whorehouse



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



Reply Favorite

Date: August 26th, 2014 9:16 AM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 26th, 2014 1:34 PM
Author: odious very tactful whorehouse



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



Reply Favorite

Date: August 26th, 2014 1:38 PM
Author: Henna shivering roommate

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: odious very tactful whorehouse



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



Reply Favorite

Date: August 27th, 2014 3:12 PM
Author: odious very tactful whorehouse



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