Neptune's Flower

GenX'er Seeking Justice for us FFELP Student Loan "SLABS"

[Neptune's Flower @Neptunes_Flower]

@JoeBiden You do realize that RFKjr has 11 siblings and several of the others ARE endorsing him...This screams desperation

[Neptune's Flower @Neptunes_Flower]

@Bubblebathgirl @POTUS Joe is taking credit for plans that have already been in place by the Dept of ed. The SAVE plan is a combination of 2 other plans. This is only for OLD loans/20- 25 years of payments or Public service/10 years of payments. It's the interest that's being canceled. He's pandering

[Neptune's Flower @Neptunes_Flower]

@POTUS Stop taking credit for programs that were put into place decades ago! The Dept of Ed is simply honoring contractual agreements on OLD loans. You're pandering for young votes- none of whom this qualifies...#studentloans

[Neptune's Flower @Neptunes_Flower]

@POTUS Stop taking credit for the Dept of Ed's contract obligation with OLD loans (More than 20 years & Public Service loans) The 4.3 million are OLD loans that had forgiveness terms that the borrowers fulfilled. You're PANDERING to the young borrowers- none of this forgiveness applies.

[Neptune's Flower @Neptunes_Flower]

@RobertKennedyJr the irony is not lost on your own hypocrisy...so disappointing..

[Neptune's Flower @Neptunes_Flower]

@MarshaBlackburn you didn't even bother to understand what this "forgiveness" is about! A judge just struck down the lawsuit from Cato! This forgiveness is NOT Biden's doing...it's the Dept of Ed actually fulfilling THEIR agreements under the HEA for those who HAVE been paying for 20+ years!

[Neptune's Flower @Neptunes_Flower]

@RepDonaldsPress Your incorrect. Biden is TAKING CREDIT for a plan that was Already in place- 1965 HEA and revised by the Bush Adm. These are the OLD #FFEL #FFELP loans that have been paying! The DOE is simply honoring the contract of 20-25 years of payments..STOP making this political! it's not!

[Neptune's Flower @Neptunes_Flower]

@RepJohnRose The #studentloanforgiveness for #FFEL #FFELP borrowers is NOT unconstitutional..it's' the DOE's implementation of what was already put into place in 1965! WE ARE THE ONES who HAVE been paying our loans! Stop the political divide of the American people! #corruptpolitician

[Neptune's Flower @Neptunes_Flower]

The MSM and legacy media are NOT explaining the #studentloanforgiveness for the #FFEL #FFELP loan borrowers. They are calling it "Biden's new student loan forgiveness", it's NOT. The DOE is implementing provisions that were put in place and passed by congress in the 1965 HEA!

[Neptune's Flower @Neptunes_Flower]

The "new Biden student loan forgiveness" is NOT something new, it was passed by congress in 1965 and the DOE is actually attempting to implement it as promised to #FFEL #FFELP loan borrowers. WE ARE THE ones who HAVE paid our #Studentloans ! STOP making everything #political

[Neptune's Flower @Neptunes_Flower]

@MarshaBlackburn So Marsha, the DOE actually fulfilling its obligation under the HEA of 1965 that was passed by congress is somehow...unconstitutional? the Courts will challenge?...You really are just another political player running a divide and conquer strategy on the people...#FFEL #corrupt

[Neptune's Flower @Neptunes_Flower]

@MarshaBlackburn So Marsha, the DOE actually fulfilling its obligation under the HEA of 1965 that was passed by congress is somehow...unconstitutional? the Courts will challenge?...You really are just another political player running a divide and conquer strategy on the people...#FFEL #corrupt

[gonzo hieronymus @RealEdDept]

Fun fact: @Navient would default on its own financial obligations without Student Loan Asset-Backed Securities made from FFELP loans. If all FFELP loans were canceled, Navient's equity goes negative and their long-term funding model is nonexistent.

[Neptune's Flower @Neptunes_Flower]

IF everyone with #FFELP loans leaves @Navient then there’s no “harm” or “injury” that they can claim will occur with Loan forgiveness. These are OLD Student loans that are more than paid for, some even 2 or 3 X’s in excessive interest. They don’t deserve anyone’s “loyalty”! 1/2

[Neptune's Flower @Neptunes_Flower]

@Navient #FFELP loan holders Consolidate your loans now at https://t.co/4lHXVA1W9D Without the SLAB market comprised of FFEL loans- Navient has nothing! FFELP loan holders should be the ones filing a Lawsuit for predatory corrupt lending practices and violation of usury law. 1/1

[Neptune's Flower @Neptunes_Flower]

@albertsollazzo Yes, that's the current narrative. FFELP loans in default are "purchased" by DOE- they pay off the servicer. Doesn't seem fair for those who continued to stay current, but if that is the saving grace for those who defaulted- it's a relief for them since they get the forgiveness.

[Neptune's Flower @Neptunes_Flower]

I suppose the "reversal" for #FFELP #FFEL loan holders has nothing to do with the CEO of #Navient Jack Remondi's talk of Suing the Biden Administration as reported by #yahoonews on Sept 16th.

[Neptune's Flower @Neptunes_Flower]

@DanTheJolly FFELP holders are literally being punished for getting an education. WE are the Oldest, have been paying our loans the longest with massive interest...This is because FFELP loans are wrapped up in "SLABS"- student loan asset backed securities, we are used to fund Wallstreet.

[Neptune's Flower @Neptunes_Flower]

@julie_hovgaard @BoundByTorah @Navient "Usury" is Exactly right! #Navient criminals charge excessive interest that results in decades of student loan payments that double & triple the original amount borrowed- to fund their lavish lives. CEO of @Navient, Jack Remondi's salary in 2021 was $7.8 MILLION

[Neptune's Flower @Neptunes_Flower]

For all the Naysayers who think this is "forgiveness"- It's NOT for most #FFELP Student Loans. We are the OLDEST, Most of us HAVE PAID Tens of $1000s over our original amount borrowed! We've paid for Decades, but have NO Official Answer on our loans #studentloanforgiveness