The Biden administration yesterday rolled out its latest tool to tackle the student debt crisis, and as we discussed earlier this year, it’s a good one. While the administration is still working on a broader debt forgiveness plan that it hopes will survive the Trump/McConnell Supreme Court, the new income-driven repayment program, called the “Saving on a Valuable Education” (SAVE) plan, should drastically cut the amount of student loan payments for lower-income borrowers, and for many, will actually get those payments down to zero.
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With the SAVE plan, the Education Department will no longer charge any interest that isn’t covered by the monthly loan payment, putting an end to the interest-accumulating hamster wheel that so many of us know all too well, where you make your payments on time but your goddamn loan balance keeps growing. As the fact sheet explains:
For example, if a borrower has $50 in interest that accumulates each month and their payment is $30 per month under the new SAVE plan, the remaining $20 would not be charged as long as they make their $30 monthly payment. The Department of Education estimates that 70 percent of borrowers who were on an IDR plan before the payment pause would stand to benefit from this change.
As with other income-driven plans, once a borrower has made payments for 20 years (for undergrad debt) or 25 years (for grad school debt), any remaining balance will be forgiven — yes, even if the monthly payment amount was zero for some or all of that period. Explain to your rightwing uncle that such forgiveness is not a new gimmick Joe Biden made up; it’s how IDR plans have worked since Congress authorized them in the 1990s.
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The portraits of younger heroes and villains in totally-not-EAH-and-SFGAE-rip-off Merlin Academy, if anyone's curious.
And like, before anyone goes at me for that nickname for Merlin Academy: the villains group portrait literally has 'V.K students' under it, implying they themselves are children of villains, which just opens up the idea that these kids basically became evil like their parents before them and the only ones to not be evil are the prior Descendants main characters, aka, similar to main characters in EAH and SFGAE.
At this point, Disney is losing their right to complain if EAH does ever return because the only one copying right now in Disney.
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there are valid reasons to have an antagonistic relationship to academic scholarship, but those reasons are overwhelmingly not raised in graduate classrooms, where students instead bitch about theory in general, jargon in general, making them sound ultimately like conservatives, who view any attempt to systematically account for social phenomena as a form of useless intellectual degeneracy
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Born to listen to Sufjan Stevens and write the most unbearably sad drabbles about Destiel
Forced to actually write another 7,500 word paper for my master’s degree
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The Supreme Court heard oral arguments yesterday in two cases challenging President Joe Biden's student debt relief plan, and dear readers, we hope you are sitting down for this: The Court's rightwing majority didn't sound very open to the idea that the administration has the authority to forgive student loans, even under the 2003 law that the administration says is designed to allow exactly that. We won't know for sure until the Court rules in the case, probably in June.
If there's any chance for the policy to escape being overturned, it probably hinges on whether the Court decides that the plaintiffs in the two cases have standing to sue at all. If the Court decides they don't, then it won't address the legality of the program either way.
Of course, this being the Alito Court, it's also possible the Supremes will just make shit up and decide that even if the plaintiffs lack standing, some obscure principle pulled from Brett Kavanaugh's beer cooler — if you know what we mean and we're not sure we do — makes it OK to address the merits of the case anyway.
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i understand being tired of the oppressive systems around us and having to pay for good therapy and the NHS sucks and job market sucks and capitalism sucks etc etc and i understand how shitty it must be to be told that the solution to fix The Ailments caused at least in part by The System is to engage further w the system but i swear to god wallowing in depression and doing absolutely nothing to better yourself or change things for yourself is not the rebellion you think it is !! you're not rejecting the system you're just existing within it doing nothing and being horribly depressed while resigning yourself to horrible depression for life !!!!! being like "yeah well the nhs sucks so i wont even TRY therapy what does talking to someone do anyway. what do meds do anyway." etc etc bc smn on reddit said fluoxetine didn't work for them and not contacting any of the ppl who you ghosted bc you got anxious abt it like 2 yrs ago is not a flex it is not a rejection of the omnipresent system it's not making u special or More Vulnerable Than others at some point u have to choose to get better bro omg.
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starting my favorite unit in my comp class and I really hope my students enjoy it. like tomorrow we're spending time looking at a bunch of cool art and music to talk about using them to make real world change and it will be fun and interesting Or Else
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Young adult contemporary coming-of-age story (releases 4/16, I read an early copy from Netgalley)
Follows two first-year students at Wellesley College who run dueling anonymous advice columns and befriend each other in real life as they bonded over both being aroace, unaware of the other's internet identity
Platonic love story
Explores themes like aroace identity, finding community, being the queer child of immigrants, and trying to find your place in the world as a young adult looking towards the future
Love letter to platonic/familial love and finding community
Aromantic asexual Chinese American protagonist; aromantic asexual gender-questioning/nonbinary (she/they) protagonist; lots of QPOC side characters
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so i'm writing an 8th year fic and h&d are taking a muggle studies class together in which they read one of shakespeare's plays, and i'm trying to write a final project (for which they are partners) but like. hogwarts academics don't seem all that uhhhhh rigorous to me (like we see the students complaining about having to write a foot of parchment which is essentially ONE PAGE HANDWRITTEN) and i'm a little worried that my assignment is too rigorous.
it involves a lot of like. thinking analytically and using your imagination wrt the motivations of people unlike yourself, and that's not rlly something they do much at hogwarts as far as i can see. BUT it is muggle studies, and like. they could definitely all use some practice at those skills, following the recent implosion of their society.
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