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Author Topic: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments  (Read 383 times)

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Online mystery-ak

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Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« on: March 13, 2020, 03:08:24 pm »

Chuck Ross
Investigative Reporter
March 13, 2020 10:16 AM ET


Treasury Secretary Steve Mnuchin said Friday that a temporary suspension of student debt payments is part of a proposed economic stimulus package that the Trump administration is considering to help deal with the economic fallout from the coronavirus crisis.

Mnuchin said in an interview on CNBC’s “Squawk Box” that student debt relief is one of dozens of proposals that will be submitted to President Donald Trump as part of the relief package.

“I can tell you that’s on our list of 50 different items we’re bringing to the president for a decision. That will be something we’re looking at,” Mnuchin told CNBC’s Jim Cramer, who asked whether the administration is considering suspending debt payments for three months.

“We have lots of authorities,” Mnuchin added.

more
https://dailycaller.com/2020/03/13/mnuchin-trump-coronavirus-student-debt/
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Offline Chosen Daughter

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #1 on: March 13, 2020, 08:27:28 pm »
What for?  Young people get over this quickly.  This sounds like a lead up to Socialism.  How long?  One month payment, OK.
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Offline LMAO

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #2 on: March 13, 2020, 09:58:34 pm »
Quote from: Chosen Daughter on March 13, 2020, 08:27:28 pm
What for?  Young people get over this quickly.  This sounds like a lead up to Socialism.  How long?  One month payment, OK.

I’m wondering the same myself.
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Offline Fishrrman

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #3 on: March 14, 2020, 01:01:15 am »
It's not really the students' votes and approval he needs.
It's that of their parents...
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Offline IsailedawayfromFR

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #4 on: March 14, 2020, 01:10:00 am »
What students have died as a result of this disease?  Any?
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Online Hoodat

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #5 on: March 14, 2020, 01:17:53 am »
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Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments

No, no, no, and hell no!

Better idea - get the federal government the hell out of the student loan business.
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Offline DB

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #6 on: March 14, 2020, 01:56:35 am »
Quote from: Hoodat on March 14, 2020, 01:17:53 am
No, no, no, and hell no!

Better idea - get the federal government the hell out of the student loan business.

He already did it according to his press conference today.
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Offline Chosen Daughter

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Re: Mnuchin: Trump Administration Is ‘Looking At’ Suspending Student Debt Payments
« Reply #7 on: March 14, 2020, 03:54:32 am »
Quote from: DB on March 14, 2020, 01:56:35 am
He already did it according to his press conference today.

Unbelievable.  No specifics.  Just that they are suspending interest payments for some period of time.  They were already allowed to suspend their payments, but interest would continue.  Why don't they make it depending on hardship because of Coronavirus?  Only for a period of time to recover.  No, this is bordering on Socialism unless it for a specific time limit.  Otherwise it just allows people not to pay their debt.
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AG William Barr: "I'm recused from that matter because one of the law firms that represented Epstein long ago was a firm that I subsequently joined for a period of time."

Alexander Acosta Labor Secretary resigned under pressure concerning his "sweetheart deal" with Jeffrey Epstein.  He was under consideration for AG after Sessions was removed, but was forced to resign instead.
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