@usedgov UNLESS you have an ancient FFEL Spousal Consolidation Loan - then you are stuck. No PSLF No expanded IDR. No mechanism to separate your loan EVEN THOUGH the JCLSA has been law of the land since 10/11/22. If you can't implement the JCLSA, just cancel the 776 FFEL SCL's.
@usedgov 72 yr old woman as an example.
How many years did investors enjoy 15% of her income?
Right now 45-70+ yr old abuse victims waiting for you to follow the LAW and execute Pub Law 117-200 that you are statutorally mandated to follow. I guess you enjoy getting sued.
@FAFSA@POTUS@SecCardona
JCLSA is Pub Law 117-200, I have the right to separate & gain parity w/all other SL borrowers.
Your delay in execution forces me to fund investment portfolios. Ive paid 15% of my income for yrs. @SC_DoUsPart will not rest until we are treated justly.
@ephoist@SenWarren@POTUS@usedgov@SC_DoUsPart If it’s too hard to implement the Joint Consolidation Loan Separation Act @SecCardona, cancel them. We’ve more than repaid the original balance. Some have paid 2-3x the original loan. We were abandoned 16 years ago & have been paying w/interest this whole time! @SC_DoUsPart
@SenWarren@POTUS When is the Department of Education @usedgov going to implement PL117-200? 100+ days since signed into LAW! People are still suffering and ZERO communication from DoE or Servicers. How hard is it to communicate with these loan holders!?? @SC_DoUsPart
@kmiller8269 @usedgov@SC_DoUsPart Same here! Had to contact my ex again today for him to pay his half of the loan. When will this end? The repeated trauma each month is draining. 😢
@SecCardona What about those Joint Spousal Consolidation loans? When ru going to initiate process toinact PL117-200? Communication would be nice. How about stop the Gravy Train and STOP the daily compounding interest making it impossible for a person to pay off student loans? @SC_DoUsPart
@ephoist@Kmac17333628@SecCardona@SC_DoUsPart When I make my Ex's monthly payment, & try to stretch the food in my pantry, I wonder who is benefitting? Where is all this money going?
It's sick.
@SecCardona I cannot qualify for ANY IDR, PSLF, or even payment pause until you do what's legally required of you and separate our FFEL Joint Spousal Consolidated Loans into DLs. Please work for us.
@SecCardona Except for those of us with JCSL still are waiting for DoE to follow the law and separate our loans before we can get our PSLF. 23 years in public service and still making monthly payments.
@SecCardona No, you arent. You literally have said 0 abt executing Pub Law 117-200.
The majority of us are teachers & we are all 40+ yrs. You seem to focus your efforts on young folks. Im starting to feel my age prevents me from being treated justly as if my life matters not.
@SC_DoUsPart
@CNBC@AnnieReporter@csreinicke@GregIacurci A follow up on must be done on Joint Consolidated Spousal loan holders. The law was passed 100+ days ago & nothing has been done. Zero communication from DoE or servicers. People seriously suffering; not eligible for payment pause or forgiveness! We need media help @SC_DoUsPart
@ephoist@SC_DoUsPart@SenWarren@POTUS@usedgov The least they could do is pause the payments while we wait for implementation. Instead we keep overpaying or worse continuing the financial entanglement nightmare.
@SecCardona That’s great news. I would love to know you are also working on the separation of the Joint Spousal Consolidation loans. How about some communication? @usedgov@SC_DoUsPart
@SecCardona And surely you are announcing implementation of the JCLS act! The LAW! I owe more than I started with in 1999, and have 24 years in public service! But YOU need to implement the law!!
@SecCardona Thank you! Any updates with respect to what @usdoegov is going to do with the 776 ancient predatory FFEL Spousal Consolidation Loans? The JCLSA was signed by @POTUS on 10/11 but it's only been crickets - no implementation. Still stuck.
@SecCardona@SecCardona MEANWHILE...those of us with JOINT SPOUSAL CONSOLIDATION LOANS cannot qualify at all for anything. Please address s1098 which became law in OCTOBER.