Open Thread | President Biden Continues to Try and Help With Regards To Student Loans

President Biden is not giving up with helping those who have student loans.

Biden administration launches new SAVE student loan repayment plan. Here’s how to apply
PUBLISHED MON, JUL 31 202310:32 AM EDT
UPDATED MON, JUL 31 202312:00 PM EDT
Annie Nova

The Biden administration has launched a beta application for its new repayment plan for student loan borrowers.
The Saving on a Valuable Education, or SAVE, plan is an income-driven repayment plan that may cut many borrowers’ previous monthly payments in half, and will leave some people with no monthly bill.

The Biden administration has launched a beta application for its new repayment plan for federal student loan borrowers.

The Saving on a Valuable Education, or SAVE plan, is an income-driven repayment plan that may cut many borrowers’ previous monthly payments in half, and will leave some people with no monthly bill.

The U.S. Department of Education says borrowers can begin enrolling now in what it calls, “the most affordable repayment plan yet.”

How the SAVE student loan plan works
Instead of paying 10% of their discretionary income a month toward their undergraduate student debt under the previous Revised Pay As You Earn Repayment Plan, or REPAYE, plan, borrowers will eventually be required to pay just 5% of their discretionary income under the SAVE plan.

Those who make less than $15 an hour won’t need to make any payments under the new option, the Education Department says.

“The SAVE plan is very generous to borrowers, almost like a grant after the fact,” said higher education expert Mark Kantrowitz.

This is what happens when you have someone in government who wants to use government to HELP PEOPLE.

This entry was posted in Breaking News, Current Events, Economics, Education, Open Thread, Politics, President Joe Biden, Student Loan Forgiveness and tagged , , , , , . Bookmark the permalink.

30 Responses to Open Thread | President Biden Continues to Try and Help With Regards To Student Loans

  1. rikyrah says:

    The government has asked for a January 2, 2024 trial date in the J6 case.

  2. rikyrah says:

    AFRICAN & BLACK HISTORY (@AfricanArchives) posted at 8:21 AM on Thu, Aug 10, 2023:
    On this day in 1835, a mob of white citizens and a hundred yoke of oxen pulled a Black school to a swamp outside the town of Canaan, New Hampshire and fired cannons to the boarding homes of the black students. https://t.co/3IcMivlzak
    (https://twitter.com/AfricanArchives/status/1689628033886588928?t=-PWb9xX6KLz-bIZOmblXCA&s=03)

  3. rikyrah says:

    😂😂😂😂😂😂😂

    Khalil MHS, CETC, MsT, LDP (@cfrank149) posted at 8:27 AM on Thu, Aug 10, 2023:
    C’mon now! The Montgomery Brawl Chair has gone international! 🤣
    (https://twitter.com/cfrank149/status/1689629670621302784?t=Xce4efZxgHNfXjAaXC64Ag&s=03)

  4. Liza says:

    Robbie Robertson, The Band’s lead guitarist, has passed away. RIP and thanks you for the music.

  5. rikyrah says:

    Mueller, She Wrote (@MuellerSheWrote) posted at 4:28 PM on Wed, Aug 09, 2023:
    BREAKING: THREAD: An FBI whistleblower tells Insider his supervisors at the NY FBI field office – pointing to McGonigal and other burrowed Giuliani allies – suppressed and STOPPED probes into Giuliani and trump allies in the White House in August, 2022. 1/ https://t.co/KtfonmrO13
    (https://twitter.com/MuellerSheWrote/status/1689388288380121088?t=99ce4HfLR4YBGh4ynkfRow&s=03)

  6. rikyrah says:

    Steve F. (@backyardsage) tweeted at 8:24 PM on Wed, Aug 09, 2023:
    When the Russians start using scrap lumber to try to protect their vehicles because Russia can’t produce armor plating fast enough, it’s a sure sign that Moscow’s war effort is falling apart.😂🤣
    (https://twitter.com/backyardsage/status/1689447701740761088?s=02)

  7. rikyrah says:

    BWA HA AH AH HA HA AH AH HA

    Lesley Abravanel 🪩 (@lesleyabravanel) tweeted at 6:53 PM on Wed, Aug 09, 2023:
    Her weak dictator husband in high heels being beaten by Undecided was not on Tacky O’s bingo card. #DeSaster https://t.co/rJX9Q7KBNY
    (https://twitter.com/lesleyabravanel/status/1689424700588367872?s=02)

  8. rikyrah says:

    They reveal themselves all the time.

    Marc E. Elias (@marceelias) tweeted at 7:37 PM on Wed, Aug 09, 2023:
    When Republicans panic and start yelling all the quiet parts out loud, you get this amazing article full of quotes like this.👇

    “I can’t tell you we’re going to win in this fight; we’ve got a Supreme Court that surprised the living daylights out of me.”
    https://t.co/gYP1p4O8Qw
    (https://twitter.com/marceelias/status/1689435765787291648?s=02)

  9. rikyrah says:

    yess…

    Derenic Byrd (@DerenicByrd) tweeted at 5:21 PM on Wed, Aug 09, 2023:
    Let’s get something straight, this brother wasn’t just a security guard, he is Damien Pickett, a 56-year-old co-captain of Harriott Lane.

    Let’s put some respect on his name. #MontgomeryAlabama https://t.co/ZfIF0uvW34
    (https://twitter.com/DerenicByrd/status/1689401575247052800?s=02)

  10. rikyrah says:

    clap clap clap

    President Kamala’s Hand (Again) (@myronjclifton) tweeted at 8:46 AM on Wed, Aug 09, 2023:
    Florida Doesn’t Deserve the Best Black Athletes when they are Teaching the Worst Black History- I just published Not Going To Play Sun City – Time For Artists & Athletes to Boycott Florida. https://t.co/n0oJrBKKvp
    (https://twitter.com/myronjclifton/status/1689271956703416322?s=02)

  11. rikyrah says:

    Color me suspicious. What kind of cook doesn’t taste their dishes?

    Eyewitness News (@ABC7NY) tweeted at 4:30 PM on Wed, Aug 09, 2023:
    3 dead, 1 critically ill with ‘death cap’ mushroom poisoning symptoms after Australian family lunch https://t.co/j88vCvykDj https://t.co/el1IzdYO5A
    (https://twitter.com/ABC7NY/status/1689388664801910785?s=02)

  12. rikyrah says:

    CONGRATULATIONS!

    EBONY MAGAZINE (@EBONY) posted at 7:08 AM on Thu, Aug 10, 2023:
    Two of the greatest basketball players of all time, @DwyaneWade and @tonyparker, will be inducted into the @NBA Hall Of Fame this weekend! 🫡🤩 What’s your favorite D-Wade or Tony Parker memory? #EBONYMag
    https://t.co/mXtcyEHuzi
    (https://twitter.com/EBONY/status/1689609542517014528?t=RuAd-t6iSRAGuOgPR9sFEQ&s=03)

  13. rikyrah says:

    UH HUH
    UH HUH

    Kyle Cheney (@kyledcheney) posted at 0:30 PM on Wed, Aug 09, 2023:
    DEC. 31, 2020: Chesebro gives voice to an emerging view among Trump lawyers that Clarence THOMAS is their best hope for a pre-Jan. 6 ruling throwing the election in doubt.

    The email is missing “i”s and “L”s due to a formatting issue.

    https://t.co/4RcYAT2VFw https://t.co/PX3YdZAabL
    (https://twitter.com/kyledcheney/status/1689328210813530131?t=vpo2Ci4uZumR5zJHKBGMvQ&s=03)

  14. rikyrah says:

    The Hill (@thehill) posted at 7:06 AM on Thu, Aug 10, 2023:
    After Ohio voters soundly defeated a ballot initiative that was largely viewed as a proxy for abortion, the spotlight now turns to November’s abortion-rights ballot measure as backers of the abortion-rights amendment are confident they will succeed. https://t.co/pIzUIu4VB7
    (https://twitter.com/thehill/status/1689609054971219968?t=EQ3qpBdUtgB8mzlaJXqEAg&s=03)

  15. rikyrah says:

    Blue Virginia (@bluevirginia) posted at 6:57 PM on Wed, Aug 09, 2023:
    Let’s be clear what’s going on: Youngkin & his right-wing billionaire buddies are attempting to BUY the VA legislature in order to roll back women’s reproductive freedom, voting rights, environmental protection, etc. We HAVE TO stop them. https://t.co/9GMnpb6nGR h/t @samshirazim https://t.co/QD8wehdqm3
    (https://twitter.com/bluevirginia/status/1689425628854927360?t=5wnAJuxC9C99DtF-wOzuAg&s=03)

  16. rikyrah says:

    teve Benen (@stevebenen) posted at 7:09 AM on Thu, Aug 10, 2023:
    As James Comer’s anti-Biden crusade suffers another embarrassment — he’s spent the year over-promising and under-delivering — he isn’t doing his party any favors.

    The GOP base will feast on junk food for a short while, but it won’t satisfy them for long. https://t.co/dMNEiXYQSw
    (https://twitter.com/stevebenen/status/1689609864748716032?t=UqhPsIDV6nqyUbFRcFKGhQ&s=03)

  17. rikyrah says:

    soulPhoodie (@soulphoodie) posted at 7:20 AM on Thu, Aug 10, 2023:
    Meet Napa Valley’s first Black woman winemaker https://t.co/tDrGq7m8rI https://t.co/J9WA20jNcb
    (https://twitter.com/soulphoodie/status/1689612563695157248?t=cRehzoz9eXFkASX-pMom0Q&s=03)

  18. rikyrah says:

    UH HUH

    Denise Oliver-Velez 💛 (@Deoliver47) posted at 6:32 AM on Thu, Aug 10, 2023:
    Texas state troopers are routinely stopping motorists of color in Austin, data shows https://t.co/cfw1d8QTow via @TexasTribune
    (https://twitter.com/Deoliver47/status/1689600545676197888?t=kxHOHyENf2W0OCdYz9r8Gw&s=03)

  19. rikyrah says:

    Acyn (@Acyn) posted at 7:16 PM on Wed, Aug 09, 2023:
    Trump: Now that we have subpoena power because we’re going to have subpoena power, all of the sudden the J6 committee… everything was deleted and destroyed. That’s a criminal act…. They didn’t want anybody to see it https://t.co/xZsN8sy4Q2
    (https://twitter.com/Acyn/status/1689430473695485952?t=KSP28cZT4Pwue1y_1Fb9aQ&s=03)

  20. rikyrah says:

    William B. Fuckley (@opinonhaver) posted at 6:41 PM on Wed, Aug 09, 2023:
    the origin of the “woke weak military” meme is because they’re pissed the generals told them they wouldn’t order people shot in the street to keep them in power after they lost an election, and they want future generations of officers to give that order.
    (https://twitter.com/opinonhaver/status/1689421655595212800?t=GahiwUjq4aQSYQZ8ERUEcg&s=03)

  21. rikyrah says:

    Barack Obama (@BarackObama) posted at 9:10 PM on Wed, Aug 09, 2023:
    It’s tough to see some of the images coming out of Hawai’i — a place that’s so special to so many of us. Michelle and I are thinking of everyone who has lost a loved one, or whose life has been turned upside down.

    If you’d like to help, you can do so here.…
    (https://twitter.com/BarackObama/status/1689459233593466880?t=Ql5QKNVewdiGqajd9WZA2A&s=03)

  22. rikyrah says:

    Democrat, Environmentalist, & the establishment (@BlueSteelDC) posted at 7:11 AM on Thu, Aug 10, 2023:
    A threat of physical violence HAS NEVER BEEN protected speech

    If you threaten life and property its not to them to give you a break – as you maybe kidding

    You are now and should be subjected to the full review of the law

    Democrat, Environmentalist, & the establishment (@BlueSteelDC) posted at 7:21 AM on Thu, Aug 10, 2023:
    Because Twitter is where some of y’all get your civics education you have never been able to do anything that may cause a public threat.

    They literally give you an example as to tell you you cannot yell” fire in a crowded space.”
    (https://twitter.com/BlueSteelDC/status/1689612845778956288?t=RgFrByPFRFsGImoMp17l-w&s=03)

  23. rikyrah says:

    The Hill (@thehill) posted at 7:26 AM on Thu, Aug 10, 2023:
    Seniors face more than $50 billion in unpaid medical bills, many of which they shouldn’t have to pay, according to a federal watchdog report.
    https://t.co/LhbYJ9fwg7
    (https://twitter.com/thehill/status/1689614082016505856?t=UhVQNuwxMsAY4OYRPCqLBg&s=03)

  24. rikyrah says:

    Oh..those poor, tormented oligarchs.

    Try That In A Black City (@GullahRehabbed) posted at 7:25 AM on Thu, Aug 10, 2023:
    “Condemning the war is rare among Russian tycoons caught between fear of Western sanctions and retribution at home.” by Anatoly Kurmanaev via NYT https://t.co/MWayfPWFmA read by Cakedaddy THINE Geechee Prince!
    (https://twitter.com/GullahRehabbed/status/1689613964328554496?t=r8AruxdloCRYxczSoYYxQQ&s=03

  25. rikyrah says:

    Pray for Hawaii.

    Lynn Kawano (@LynnKawano) posted at 1:53 PM on Wed, Aug 09, 2023:
    BREAKING: up to 4000 visitors expected to be flown from Maui to Oahu. They will likely be put up in the convention center. Security and food service is being prepared. #HawaiiNewsNow #MauiFires
    (https://twitter.com/LynnKawano/status/1689349090482728961?t=ReWpTWBtzzR2RErCZmPTiw&s=03)

  26. rikyrah says:

    YES,

    What have they ever done but be ratphuckers?

    Jon (@OpenBordersJon) posted at 2:38 PM on Wed, Aug 09, 2023:
    I love this sentiment from green party slacktivists. What has the green party ever accomplished to “earn votes?” What has Cornel West or Marianne Williamson? You may not think dems have done ENOUGH for this country, but they’ve done infinitely more than any green.
    (https://twitter.com/OpenBordersJon/status/1689360512457318400?t=599Sv4OibHaSR4cwfSrvVQ&s=03

  27. rikyrah says:

    Democracy Docket (@DemocracyDocket) posted at 7:30 AM on Thu, Aug 10, 2023:
    NEW: When Alabama lawmakers enacted a congressional map last month with only one majority-Black district, they defied the U.S. Supreme Court just as they once did 60 years ago in Brown v. Board of Education.
    https://t.co/pWmk9Tgs7r
    (https://twitter.com/DemocracyDocket/status/1689615136808394752?t=Tan-H5uE11KDPuOTULO6nw&s=03)

  28. rikyrah says:

    He is a HO….Leave it on the nightstand HO

    Brett Murphy (@BrettMmurphy) posted at 5:29 AM on Thu, Aug 10, 2023:
    NEW: It’s not just Harlan Crow. Clarence Thomas has had a trio of other ultrawealthy patrons — an oil baron, investment guru and corporate titan — funding his luxury travel for decades.

    My latest, w/@Amierjeski, plus a thread on the reporting
    https://t.co/qNjgRIiHgw
    (https://twitter.com/BrettMmurphy/status/1689584632042307584?t=kwmF2TBj2UJbEAvZ5wyGkQ&s=03)

  29. rikyrah says:

    Chicago Tribune (@chicagotribune) posted at 7:30 AM on Thu, Aug 10, 2023:
    When Ohio voters overwhelmingly rejected a Republican-backed effort to make it harder for voters to approve amending their state’s constitution, they also handed a defeat to some of the same well-financed forces who backed IL GOP candidate Darren Bailey.
    https://t.co/Ds3jJmrMJA
    (https://twitter.com/chicagotribune/status/1689615142210715648?t=Q1ydfa38Tjl9rDLJrg2Mfg&s=03)

  30. rikyrah says:

    Good Morning, Everyone😊😊😊

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