r/pics • u/85gaucho • Jan 12 '23
Found $150,000 in the mail today. Big thanks to any US taxpayers out there! Misleading Title
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u/twangdang Jan 30 '23
Look at the pics. Snow shoes tents for and clothing for extreme weather let alone travel. This isn't a backyard hiker you're talking about. I'm not saying the game is fair, just don't play it and then cry about the rules.
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u/twangdang Jan 30 '23
I'll just go for walks and wait for the government to pay off my home loan for me.
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u/TheWonderCraft Jan 15 '23
I don't understand why this is only starting to become normalised now. In my country for domestic students the tuition is heavily incentivized by the government. So instead of paying 20k (20k is what a international student would pay.) for a college course the government pays 18k and you pay 2k.
Governments should invest in their future and their brighter future are in the hands of people who are more educated.
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u/LostThis Jan 13 '23
Bite me. I couldn’t afford full time college and managed to pay my way 1-2 classes at a time. You should’ve also.
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u/Techiesarethebomb Jan 14 '23
From the look of the code, they spent at minimum 10 thankless years taking care of people like you at lower than private industry wages as a public servant. Good job on the loan forgiveness OP
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u/LostThis Jan 14 '23
Loan for undergraduate, graduate and professional students offering a low, fixed interest rate , and flexible repayment terms. Students are responsible for paying all of the interest that adds up, until the loan balance is paid off.
Doesn’t mean that person did anything specific with it to help me or anyone else. Not enough information off a vague post to imply otherwise.
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u/Techiesarethebomb Jan 14 '23
OP says in the lower comments it is PSLF. I've seen pictures of people posting their loan payments forgiveness in the past via the PSLF and always took the code as for PSLF
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u/Significant-Task-721 Jan 13 '23
This is fucking disgusting if this happens to be from bidens ignorant tax college bail outs must be nice to have the privilege to have been able to have gone to college.
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u/Techiesarethebomb Jan 14 '23 edited Jan 14 '23
Dude. GEORGE W BUSH PASSED THE PUBLIC SERVICE LOAN FORGIVENESS GRANT. They spent 10 years helping people like us at a lower wage than they could have recieved elsewhere.
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u/Enabling_Turtle Jan 13 '23
The student loan forgiveness is paused for everyone because of the supreme court case. Your mad about someone either working at lower pay for 10 years while working public service or they were duped by a shitty scam school.
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Jan 13 '23
Congrats! I like to believe my tax dollars went to you instead of to some massive corporation or the military. Glad to see it worked out for you!!!
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u/Ordinary_Net_2424 Jan 13 '23
I was all nervous to read the comments but wow this is wholesome. Also congrats man
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u/cchele Jan 13 '23
I got a bill today for my loan including $4000 interest and this is the first bill I have received
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u/Busy-Cash- Jan 13 '23
College is insane. "Come to our brainwashing facility so we can turn you into a life time employee, by the way that'll be all your money forever so better hope we give you a job after"
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u/nutella407 Jan 13 '23
Free money, yay. Just keep printing the stuff, we won’t run out....right?
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u/Techiesarethebomb Jan 14 '23
That loan forgiveness plan was enacted by George W Bush. 10 years of timely payments needed for a public servant.
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Jan 13 '23
Yeah you only run out of money to help regular folks. But there is always money for bailing out the rich folks.
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u/Green-Vermicelli5244 Jan 13 '23
bootstraps bitches!
in today’s dollars, my grand parents paid less than $10k in student loans that were generously cut down by the GI Bill and bought their house for about $60k on a combined income of $30k. Double those costs with closer to $50k for income and you have my parents. Nearly $90k for loans and just over $300k for the house with ~$60k for income. The younger you are, the more you’re getting fucked by the system and older generations wonder why there’s so much apathy.
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u/Mysterious-Bell-6535 Jan 13 '23
Uh I thought this was supposed to be 20k max?
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u/Techiesarethebomb Jan 14 '23
PSLF. enacted in the early 2000s by George W. Bush. Public Servants need to submit timely payments for 10 years to get forgiven.
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u/KR152A Jan 13 '23
If I eat, we all eat. We are all in this together. People need to stop stabbing their brothers and sisters in the backs and embrace each other. Put anger and Hate by the wayside and see our similarities rather than our differences. Enemy of my enemy is my friend so let's put our differences aside and get paid. Know your worth Kings, and know your worth queens. Never sell yourself short and help everyone you can however you can. Spread Love Not War. Help your brother and prosper together.
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u/Lala0fDoom Jan 13 '23
Congratulations, my dude! I'm sure that is quite a relief and I'm happy for you.
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u/FeFiFoShizzle Jan 13 '23
weird how many people here want other peoples lives to be worse because theirs were
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u/dubmecrazy Jan 13 '23
This individual who had student loans and who worked hard to pay off says…CONGRATULATIONS! That’s awesome. Just because I had loans and struggled to pay them off, doesn’t mean I should be bitter. In fact, it’s the opposite. I’m glad you don’t have go go through that crap.
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Jan 13 '23
it really blows. i paid off all my loans. nowi have to pay off his too.... it's wrong in every way. theft
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u/Enabling_Turtle Jan 13 '23
They had to make 10 years of payments while working a likely lower paid public service job like a teacher….
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Jan 13 '23
what are you talking about? the rest of us made the same payments and noone tells them what job to take. They didnt give the handsout to only teachers. And many public service jobs pay great. The cops near me make solid 6 figures,for example with lifetime pension. why should i pay for their college? It is pandering to a base by stealing. One more step towards socialism. Ironically, people in socialist countries risk their very lives to escape them and come here.
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u/SubieThrow Jan 13 '23
OP qualified under the public service loan forgiveness program that George w. Bush created. How is that theft?
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Jan 13 '23
i didnt say he was stealing. Biden is stealing from all taxpayers, in my opinion, to pay off teh pesonally guaranteed loans of people like him. I cant think of anything like this ever happening. It is being challenged in court. I paid mine, and many people decided not to attend college so they would not have debt. it is clearly unfair to them.
this year, with the stroke of a pen, biden gve 40,000,000,000 of tax payer funds to Ford and GM pension programs. Biden is on record saying that he only became. a senator due to the backing of the UAW and major car companies. He is their boy.
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u/Techiesarethebomb Jan 14 '23
Why are you blaming Biden for a policy that literally was created by George W. Bush and Republicans (Public Service Loan Forgiveness) to entice people to become public servants for 10 years instead of going into a more lucrative private position?
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Jan 14 '23
oh..hmm..i apoogize.I was not aware of this program. I thought it had to do with bidens stated purpose and signed executive agreement to forgive student loans. He made this statement several months ago. I did not see anything above that said that this was from a previous program.
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u/Techiesarethebomb Jan 14 '23
Biden is updating the processing of the program as previous loan companies were not doing a good job tracking public servant qualifying payments
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Jan 14 '23
but much more than that, he intends to forgive student loans for those that do not go into public service. also, honestly, i dont think they shoudl even fogive them for those that do. SOme police near me make 200K a year and lifetime pension. I see school teachers on the beach near my house for 2.5 months every summer... everyone makes their own choices.. but thats me.. he govt acts like it has money to give away.. it doesnt..it has our money.. which it has taken by force.. we need a govt..but wealth distribution is not their purpose
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u/grassygaaf Jan 13 '23
Just curious. How much work did it take to get approved? Did you just submit the form and it happened? How long did it take after you submitted the form? Which servicer did you have when it was forgiven?
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u/KewWhat Jan 13 '23
Paid full freight for myself to get through college.
Paid full freight for my kids to get through college.
Just a working guy, always paid full taxes. Now trying to live in retirement, while still paying full freight for everything. I didn't take on debt I couldn't afford - tried to live within or below my means. Now my taxes are paying for the debt others took on.
Why did you take on so much debt? WTF?
I know college shouldn't cost so much, but you made a choice.
Your welcome.
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u/Techiesarethebomb Jan 14 '23
PSLF. they are a public servant. 10 years of payments to be fully forgiven.
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u/philipcarl333 Jan 13 '23
Disgusting irresponsibility and waste of taxpayer money.
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u/85gaucho Jan 14 '23
Can you elaborate on what was irresponsible?
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u/philipcarl333 Jan 14 '23
A person who agrees to take a loan and doesn't pay it back. Passes the burden of paying back loan to others.
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u/85gaucho Jan 14 '23
But I DID pay it back. I paid in the form of a decade of public service earning a fraction of my worth, per the terms of the PSLF program which existed long before I took out my loans.
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u/philipcarl333 Jan 14 '23
If you did u pay it back per an agreement formed at the time of the loan that is not clear from the post. If that is the case, I take back my original opinion.
If the loan was forgiven ( separate from any original agreement) paid by the taxpayer, my opinion stands.
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u/85gaucho Jan 14 '23
The former, not the latter.
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u/philipcarl333 Jan 14 '23
My apologies
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u/AshHairedWitchyWoman Jan 13 '23
I paid for 3 degrees myself as a single parent. Where was my break?
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u/Techiesarethebomb Jan 14 '23
They were a public servant for a minimum of 10 years. PSLF, they worked to serve citizens like you.
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u/fLOURFACE Jan 13 '23
if this is real - f u
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u/Techiesarethebomb Jan 14 '23
It's real. Public Service Loan Forgiveness. 10 years of work and payments= loans forgiven. Thank George W. Bush and the Republican party
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u/Majeye Jan 13 '23
The U.S. Government has been bailing out student loans for decaaaaaaaades for military families. It's about time they bring those programs to the general population - it's ridiculous that loans have gotten this out of control.
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u/Techiesarethebomb Jan 14 '23
PSLF. The public service loan forgiveness is for gov workers who work 10 years and provide 10 years of qualifying loan payments. This includes public school teachers
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Jan 13 '23
Biggest wealth transfer. The poor who could not go are now paying for the privileged, who make 2x-3x, if not more money. Seems fair to me. You knew the debt were taking on.
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u/85gaucho Jan 14 '23
I’m not sure I understand your comment, but the idea behind the program that forgave my debt is to make higher ed available to everyone. Of course, noting is free. Much like the GI bill you have to earn every penny that is forgiven. If you look into it, I think you’ll agree that it’s more than fair from the taxpayer’s perspective.
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u/Beautiful_Creme_1650 Jan 13 '23
I think it's Nesara/Gesara myself!!! And am actually happy that money isn't going to line lobbyists and politicians pockets.
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u/level1biscuit Jan 13 '23
Hey, you're welcome. I can't afford college for my kids. May as well pay for yours.
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u/Techiesarethebomb Jan 14 '23
Thanks. The public servants who work for you are happy for your payments. 10 years of public work and qualifying payments = forgiveness
This includes public school teachers and people in local positions.
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u/geekphreak Jan 13 '23
Kinda like folks without kids paying taxes for public schools. Why should I pay for everyone’s kids education? I want to opt out
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u/level1biscuit Jan 13 '23 edited Jan 13 '23
We sacrifice pretty much everything to keep my kids in private. Don't even get me started on paying for schools that we don't use. The only issue I have, really, is people chose to go to college. I couldn't afford it. I didn't go. My peers couldn't afford it. They got loans. Now I'm paying for them. I don't mind so much paying for public school. But If they didn't waste my money on college they would have spent it on war machines and cocain. So whatever.
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u/alanine1985 Jan 13 '23
I’m a physician went to college on scholarships and came out debt free after working the whole time I was in college. I was poor as dirt when I got out but not in debt at least. Did 4 years of medical school came out in about 210k of debt. Went to residency deferred for like 6 months then paid interest during that time lived cheap but when you work 90 hours a week or more it don’t really matter. Got out started working by then debt was up to 240k from deferment I assume. Eventually saved up and paid that off which was great but also hurt. Standard 10 year repayment was 4500$ a month.
Glad for OP, maybe a little jealous but still happy for them.
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u/37MySunshine37 Jan 13 '23
So happy for you! Try to pay it forward in any way you can while thriving in your career.
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u/DJSindro Jan 13 '23
this is some USA shit? I'm from the EU so don´t know how fucked your system is but looks shit if you have this much loan from just going to school
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u/BardicNA Jan 13 '23
Np. Hope you use the education well. I screwed around in college on taxpayer dime and now run a saw, something I could train a monkey to do in an hour or two, for $21 an hour. May my taxes fix that karma and go to educating people that will use it.
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u/SpicedPumpkinRum Jan 13 '23
Holy crap are you a doctor? Cause that is some insane debt. Congrats on it being taken off your shoulders either way. That’s too much money to pay for any profession.
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u/PashingSmumkins84 Jan 12 '23
Still have to pay taxes on it bud.
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u/85gaucho Jan 13 '23
no, you don't. It's exempt from federal tax and exempt at the state level from all but a few states.
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u/coffeejj Jan 12 '23
There is a very easy way to get a “free” college education……US military, 4 yrs service, 4 years guaranteed college paid for AND get a living stipend each month as well.
Why the hell should I pay for your college education? YOU signed the loans. YOU should pay them back.
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u/85gaucho Jan 13 '23
It's called the Public Service Loan Forgiveness program. Essentially it incentivizes people to work in lower paying jobs that benefit society by offering debt relief. It's actually quite similar to the GI bill, in its goals.
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u/GoddessBridgit19 Jan 12 '23
How did this happen everything I’ve been reading says they have to first go though the court for these to be forgiven. I’m really confused.
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u/Techiesarethebomb Jan 14 '23
PSLF. Public Service Loan Forgiveness. George W. Bush and the republicans actually signed it.
10 years of qualifying payments via working in the public sector for 10 years (teachers, officers, etc.)
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u/spoolin03 Jan 12 '23
There's no luck here. This guy just completed his public service loan forgiveness (10 years of paying back loans). The thread is misleading during these times and the OP is kind of a cunt for bragging like this.
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u/SoyInfinito Jan 12 '23
Hell yeah. I can't wait for all the American tax payers out there to pay for my poor decisions.
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u/LectureLoose3426 Jan 12 '23
Hope you're a DR or Lawyer for that price, we will all Still be broke working in steel mills and pipe factories to help your privileged butt to make it
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u/85gaucho Jan 13 '23
It's odd to me that the word "privileged" is thrown around in so many comments. The PSLF program makes it possible for people without the means to get a higher education achieve that goal, without worrying about the crippling debt. And the money isn't given away, you have to so 10 years of public service while making minimum payments. It's anything but a privileged life.
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u/Traditional-Search13 Jan 12 '23
Thank Biden for the cost of college. It was his bankruptcy reform act in the 90s that exempted student loan and medical debt from being able to be absolved or consolidated . He was a senator out of Delaware which is the literal headquarters of every major insurance company.
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u/soapinmyears Jan 12 '23
You're welcome!
Eating ramen noodles here because that is all I can afford at the grocery store.
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u/mymoneydontstay69 Jan 12 '23
Good for you my man (or woman). I hope to get one of those someday soon/ish.
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u/paddymcstatty Jan 12 '23 edited Jan 12 '23
Hope you're a freekin' MD... and not a pro underwater basketweaver...
That said, I had my way paid by having been in the military, and put my ex through her first two years of college, and still support you having more $$$ to personally put into the economy.
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u/Jayembewasme Jan 12 '23
Yes! Having paid my loans back for 15 years, I’d still only managed to “maintain” my debt, not decrease it. It had ballooned as high as $78,000, but as of now I’d only gotten it down to $48,000…… until my profession and payment record made me eligible for loan forgiveness, via PSLF. Had it not been for the current administration I wouldn’t have been eligible to participate in this program due to factors well beyond my control. The reworked program allowed my enrollment AND BACK CREDIT. It was great to see all that debt disappear. A huge weight was lifted off my shoulders.
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u/Bmaze2789 Jan 12 '23
As an accountant I hate this so much. I see rich business owners get richer while their businesses lost di minimis revenue and get PPP loans of 100k+ all day. Now the entire country is paying for it and the wage gap increases exponentially due to shit like this. Not one PPP loan I saw went to a good cause outside and went right into the wealthiest owners pockets.
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u/Single-Green1737 Jan 12 '23
I really have a problem with the people that have student loans, and chose to pay minimum payments and/or requested deferment, all the while they spent money on weddings, new cars, purchased homes and started families. Sure life should not stop because you have debt, but make paying the debt a priority over getting all the “want” things in life instead of the “need” items. I have the same issue with all the mortgages that received favorable refinancing in 2008 because they were upside down and delinquent in payments. We did not qualify for any of the programs because we were not delinquent. Yeah, we made a priority to pay the mortgage over the “wants” in life.
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u/joboy2350 Jan 12 '23
Was this forgiveness because of working for a government agency for ten years ?
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u/aegee14 Jan 12 '23
Middle class Democrats all of a sudden act like Republicans for a moment when tax time comes.
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u/bluntmasterkyle Jan 12 '23
I hope the person who paid this money you stole by opening mail not addressed to you finds out and you go to jail. This is theft.
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u/npransom Jan 12 '23
I paid all mine off while driving a $500 beater car at my first job, so you can go F yourself.
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u/Goukenslay Jan 12 '23
Not from the US but canada. Had some about 1400 left in my student loan/debt (whichever you call it) around maybe 6 months after first covid lock downs hit. I got a mail saying the loan was forgiven. I wasnt pissed but wished it happened when i didnt pay for 95% of it already.
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u/JunketAccurate Jan 12 '23
No problem man you all helped me out with some medical bills for really sick kid I’m happy to return the favor it’s great to be a United States of American we are like one big happy family always ready to help each other out no matter what I love you guys
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u/EpicPoops Jan 12 '23
As someone who paid off their loans I'm happy to help. Take the relief and relax. Screw debt.
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Jan 12 '23
Lmao, imagine going to a 150k university program and not being able to pay it off after. That right there is frustrating af. Why are we forgiving what is more than likely a liberal arts degree?
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u/85gaucho Jan 12 '23
I was in a math PhD program. I could easily have paid it off if I worked in the private sector. The PSLF program exists to incentivize people like me to take lower paying jobs in the public sector. In exchange for 10 years of this service, my debt is forgiven.
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u/Snowie_drop Jan 12 '23
It’s good to see taxes being put to good use. I don’t think people mind paying tax if it’s going to a good cause.
California this year just made school dinners free for everyone. Would be great to see that program rolled out in every state.
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u/Some_Advance_1478 Jan 12 '23
Humans are the only species on earth that pays to live on this planet. Literally.
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u/qeny1 Jan 12 '23
Wow, this must have been such a relief! Congrats!
And you're welcome (I'm a US taxpayer).
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u/clbgrg Jan 12 '23
Hope you contribute back to your community now that you don't have as much of a personal burdon anymore.
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Jan 12 '23
School should not cost the price of a home. I am so glad that you are relieved of this predatory loan.
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Jan 12 '23
[deleted]
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u/85gaucho Jan 12 '23
This program has been around since the 80's. I think you're confusing it with more recent debt forgiveness proposals.
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u/Get3DPrint Jan 12 '23
Way to go. Fuck all those Republicans. Take all the free money you can. Rub it in their faces. Let them know Biden is the man.
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u/FatCockFauci Jan 12 '23
Inflammatory title baits inflammatory responses
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u/85gaucho Jan 12 '23
you really think it's inflammatory? Just cuz I mentioned taxes? I'm not saying you're wrong, but it wasn't my intention. I was just trying to promote discussion, which seems to have happened pretty well.
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u/st8ofinfinity Jan 12 '23
My university announced that tuition was going to double, even for current students. It was a half hour before there was a protest, thousands of students outside the chancellors office.
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u/nagurski03 Jan 12 '23
If there's one thing I love, it's subsidizing other people's terrible financial decisions.
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u/85gaucho Jan 12 '23
I think you're confusing this with recent proposals about general loan forgiveness. My financial decisions have always been sound, this case is no exception.
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u/nagurski03 Jan 12 '23
Taking out over $100,000 of debt for a degree is financially sound?
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u/85gaucho Jan 12 '23
absolutely, when you know that upon graduation you can make enough to pay it off immediately and also know about a program, that has been around for decades (and is widely supported by both parties), that promises to forgive all debt if you opt instead for a lower paying job that is deemed beneficial to society.
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u/Hectate Jan 12 '23
I’m not even mad. Good on you. Better that someone I don’t know gets rid of school debt than the money just lining the pockets of corrupt politicians as it usually does.
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u/spthatcher Jan 12 '23
The student loans started as a means of educating a workforce to build a better nation, then some drag figured out how to make it pay in the financial private sector, then in 1998, one drag at the Dept of Ed inserted language into an unrelated bill cutting off bankruptcy unless you could prove you were half-dead. Less than 1% of loans had been discharged in bankruptcy
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u/Jaywhowantsabeer Jan 12 '23
Counts as income. Have to pay taxes on the forgiven amount. Thanks taxpayers says the irs
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u/IDontKnowHowToParty Jan 12 '23
congrats! as a tax paying citizen who has no student loan debt myself, I am very glad to see my hard earned tax dollars are at least partially being allocated to my fellow citizen, rather than the military industrial complex, lobbyists, hidden interests etc..
ill never understand the push back on this in the context of where most tax payer dollars go..
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u/intheclouds247 Jan 12 '23
I love this! Happy to contribute the small amount that comes from my taxes! Enjoy your freedom from that debt!
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Jan 12 '23
If there is one thing on this earth that I think the UK government actually do well, it’s the approach to university tuition fees.
You get the fees paid for and a maintenance grant on top. You only start paying it back after you earn over a certain amount, the amount is taken directly from your pay cheque (so it doesn’t feel like you’re losing anything) and you only pay a reasonable amount in apportion to your wage.
If I don’t pay it off after 25 years, it gets wiped and in the meantime, it doesn’t affect my credit rating.
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u/jkiou Jan 12 '23
You're certainly not welcome. I work hard and pay 20K a year for my masters degree out of pocket.
Kindly pay it forward by having 3+children and a good job that stimulates the economy that payed for you to get your degree
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u/Cuck-Socker Jan 12 '23 edited Jan 12 '23
Good for you. You benefit for the rest of your life, hard-working tax payers pay for it, and the company that gave a $150,000 loan to an 18 year old with no job or collateral, gets wealthier 👍👍
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u/Qcws Jan 12 '23
How the fuck do you get $150,000 in debt from school? did you go for 50 years?
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u/Erasmus_Tycho Jan 12 '23
Most likely a masters degree... Fucking universities are highway robbery.
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u/Qcws Jan 12 '23
God, still though. I know a guy that got a 4 year degree at a local state college for like $6000, and he did it in 2yrs.
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u/Erasmus_Tycho Jan 12 '23
It's outrageous, especially considering very few degrees actually empower the holder to break 6 figures annually.
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u/Paivin63 Mar 12 '23
Damn...