thesixsinks

20 year teacher with the dreaded Joint Spousal Consolidation Loan...waiting for implementation of s1098 for PSLF

[thesixsinks @sixsinks]

Made this reservation in NOVEMBER for August, arrived at the location and they had no cars in our category. Finally get a car and it stinks like weed. Was a loyal customer but looks like that’s it for us as Avis. I guess everyone whose flight gets changed pays $$$$???

[thesixsinks @sixsinks]

@Avis is the absolute worst. Rented a car in NJ to drive oldest to college in SC. Our flight home was switched to NC. Called to switch the dropoff location and they wanted to charge us DOUBLE the rental for a location change. Already paying the one way fee. Meanwhile…

[AFord @AFord525]

@MOHELA also hasn’t offered forbearance to all Joint Consolidation Loans despite recommendations from @usedgov & @FAFSA

[AFord @AFord525]

I requested my full payment history w/ Master Promissory Note in preparation for implementation of law 117-200, from @MOHELA 4 times over the course of 3 months and it wasn't until my CFPB complaint that they magically found & delivered the missing records. @SC_DoUsPart

[AFord @AFord525]

Since 2010, borrowers w/ FEDERAL Family Education Loans were encouraged to reconsolidate into modern Direct federal loans, but spousal loans were uniquely denied access. Congress fixed this with the only amendment to HEA1965 passed in 2022, granting joint borrowers the right to separate their loans and rejoin the Direct loan program.

[AFord @AFord525]

🧵The focus on “federally held” is a sick joke to those 🔒in a FFEL joint spousal loan. Congress passed, & @POTUS signed the Joint Consolidation Loan Separation Act into law 117-200 on Oct 11,2022. These 🦄 student loans were blocked from pandemic pause, hard earned PSLF, & even forced to pay debts of abusive exes, but through it all this group pays, & pays, & pays. @millennial_debt @AdamSMinsky @arsheffey

[AFord @AFord525]

@Eric_Schmitt @HawleyMO @AGAndrewBailey - I’m begging you to investigate why @usedgov never implemented JCLSA. The law was signed Oct 11, 2022 & it’s now late 2024. Is @SecCardona too busy w/ executive orders to follow the new laws from Congress? Please send help! @SC_DoUsPart

[AFord @AFord525]

This is the part I can’t wrap my head around, how was it ever legal to report the debt to credit bureaus & demand payment while denying access to view/maintain the account (@MOHELA doesn’t let me have an online account either) but how is that fair debt collection in any court? 🧵

[AFord @AFord525]

@inachrystalwrld @SC_DoUsPart

[Money N Vision🟥🟧🗽🌆🌳🌞 @MoneyVisCoach]

Really? Where on that list is RESTORING OUR BORROWER PROTECTIONS? How come you are not fighting for that? @KamalaHQ and @Tim_Walz

[4slj @4slj_]

👇 this bureaucratic finagling is how borrowers have seen 40k turn into 155K with 20 years of payments behind them & that’s no exaggeration. I have lives it . With friends like these … @POTUS @vp all I can say is vote green

[Coach Rob @RobHamada]

Please get the JCLSA application out now. Teachers are counting on the DOE to keep their promise. Two years to wait is way too long.

[Chrystal Copeland @inachrystalwrld]

Unless you consolidated your student loan with your spouse before 2006. We have been stuck in this loop-hole hell for 18 years. @SC_DoUsPart @SecCardona @usedgov

[Chrystal Copeland @inachrystalwrld]

Student loan consolidations laws allowed spousal consolidation prior to 2006. Congress acted in 2022 to change that, but we still can’t separate. I left the marriage but I’m still trapped in student loan debt. @SC_DoUsPart @usedgov

[AFord @AFord525]

@AGAndrewBailey I completely agree - too bad the Department of Education has failed to implement public law 117-200 for 681 days now! Where is the rule of law? Please investigate why executive orders take priority over laws passed by Congress at @usedgov. Thank you, @SC_DoUsPart

[Katherine Craft @kcraftbekind]

@SecCardona And yet you've failed to implement legislation that allows Joint Loan Borrowers the ability to separate. Several of those stuck in these loans are tied to former abusive spouses. They are paying their own and their former spouse's share.

[Chrystal Copeland @inachrystalwrld]

I was a college student over 20 years ago, and I am still suffering the consequences of a broken student loan system. I am a JCL borrower who has paid $65k when I borrowed $24k. I still owe $50k. @SC_DoUsPart

[Chrystal Copeland @inachrystalwrld]

Also the only way anyone can get out from underneath Joint Spousal Consolidation Loans. I was able to divorce my former spouse, but I am still responsible for his loan. Until death do us part thanks to the Department of Education. @SC_DoUsPart

[Bri Kennedy 🌻 @ephoist]

@usedgov it’s been a Hella long time since PL177-200 became LAW 416 days ago…. You’ve done NOTHING. Separate THESE LOANS NOW or discharge them! YOU SCREWED THEM UP, YOU FIX IT! @SC_DoUsPart @bobwhamma

[Bob Is Tired Of Data @BobLovesData]

@chicksonright The most ridiculous thing is the latest round of forgiveness is people who were on PLSF. Their loans SHOULD have been forgiven PER THE CONTRACT.

But it wasn't because PLSF is broken.

So is a contract a contract or what? Your arguments aren't even consistent.