Student Loan Debt Forgiveness 10-20k

Discussion in 'General Distance Learning Discussions' started by Futuredegree, Aug 24, 2022.

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  1. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    To someone whose message was deleted for being a personal attack.
    Rich Douglas likes this.
  2. sanantone

    sanantone Well-Known Member

    Yeah, it fluctuates depending on whether there's an economic downturn. As we were coming out of the Great Recession, I remember Mitt Romney got a lot of flak for saying that 47% of Americans don't pay a federal income tax.
  3. Rich Douglas

    Rich Douglas Well-Known Member

    Because it's incredibly misleading, even if strictly true. I don't think I need to explain why.
  4. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    For one thing, I don't believe those figures count those who pay federal payroll taxes, even though they are also income taxes.
  5. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Mr. Burgos is now taking a nap.
  6. Rich Douglas

    Rich Douglas Well-Known Member

    I'm sorry to hear that. It's hard to imagine that someone in his field would say or do something that would warrant such a response. (This is not tongue-in-cheek. Whatever he posted was gone before I saw it.)

    According to his LinkedIn page, he's "Doctor Burgos." He holds a DMin from the regionally accredited The Southern Baptist Theological Seminary. His master's degrees are from a British university and an accredited US school, respectively.

    He is also a pastor at the Northwest Hills Church in Torrington, CT.

    He is provost (typically, the number 2 official) at something called Forge Theological Seminary. This school holds no recognized accreditation and has been exempted from licensing requirements by its home state (South Carolina). The school's statement on the need for accreditation is, shall we say, reminiscent of a certain type of operation. They award doctorate degrees by thesis-only. The guidelines for the award are available on the website and are an interesting read. A significant criterion is that the thesis must be at least 200 pages in length. I've never seen a minimum page count.

    I'm imagining what a certain erstwhile colleague of ours would do with all of that. Perhaps it's better that no one does.
  7. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Talking about him and busting on his CV when he's not in a position to respond is not a good look.
  8. Rich Douglas

    Rich Douglas Well-Known Member

    I didn't "disappear the guy." In fact, if you hadn't posted what you did, no one would have even known about it. And my rather innocuous questions to him would have just died on the vine. They will anyway, of course.

    Everything I wrote was either a true assertion (anyone can verify) or a tame assessment (again, that anyone could look for themselves to decide). I hardly "busted" on his CV. Everything I said was positive except for some concerns about a school at which he is a senior official. Again, things anyone can see for themselves.

    About the most "busting" I did was note that his title was "doctor," not "mister," and that his doctorate and master's degrees listed came from accredited schools.

    Some might consider that school he runs as "less-than-wonderful" or worse. I hardly think that is breaking new ground.

    I don't know what he did to get tossed, and I don't know for how long, but if he is able to come back, I'm sure he can choose whether or not to respond to my comments. And I'm sure it will be with the same mild skepticism and professionalism that I've shown him, because I have confidence that someone as successful as he is is certainly capable of that.

    Moderating any board is hard, and I appreciate all you do. Thank you.
  9. LevelUP

    LevelUP Active Member

    Well, I got to read Mr. Burgos's post before it was deleted. I love knowing secrets!!! Hehe.

    I'll give you one hint, he shared his sleeping habits.
  10. Dustin

    Dustin Well-Known Member

    Getting back on track, it's frustrating that the threat of lawsuits caused the Biden admin to exclude certainly privately held, publicly-backed student loans.
  11. LevelUP

    LevelUP Active Member

    In Nancy Poslisi's own words, "people think that the president has the power for debt forgiveness, he does not." 29:30

    So in order to protect the executive order from legal challenge, they had to modify the executive order, which is why they had to exclude private loans.

    The reality is all these lawsuits are garbage in that they have no legal standing. But a judge might overlook the flawed legal standing in order to address the larger issue of if the president has the power to forgive student loan debt without an act of congress.

    Borrowers have till Nov 15th to submit their application and then could be expected to receive the money within 4-6 weeks. So if the lawsuits don't stop the debt forgiveness, it will be next to impossible to do anything about it once the money has been paid out.
  12. Rich Douglas

    Rich Douglas Well-Known Member

    That doesn't seem like much of a hint without any context. I don't know the man myself.
  13. Bill Huffman

    Bill Huffman Well-Known Member

    Plenty of hint to prove he knows the secret and keeps the secret otherwise it wouldn't be a secret any longer. Well played. :D
  14. Rich Douglas

    Rich Douglas Well-Known Member

    I would reject the idea that these are "private loans." That term usually applies to education loans taken outside of the federal financial aid system. FFEL loans were what you got when you applied for a student loan back then. Originally, they were serviced by Sallie Mae. Then it was all turned over to companies like Navient. But the loans themselves were federal financial aid taken under Title IV.

    There are some "Red" states suing to stop the loan payback because they collect some interest on them and, thus, would be harmed by loan forgiveness. They're just using it as an excuse to throw a monkey wrench into the initiative. Rather than risk the whole thing, Biden is dropping eligibility for FFEL loans. This affects hundreds of thousands of borrowers and it's incredibly unfair. The "private" aspect of this is a technicality arising from how the federal student loan program was administered before the federal government became the lender. They are otherwise indistinguishable from more current loans.
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  15. Rich Douglas

    Rich Douglas Well-Known Member

    It proves nothing since even what little he revealed is (a) unverifiable and (b) disconnected from any possible discernment from context. For all anyone knows it's just a little word salad.
  16. Bill Huffman

    Bill Huffman Well-Known Member

    It proves nothing to you or me perhaps. But Steve saw it and who knows who else saw it and it proves to them (likely) that LevelUp saw it. Here's my a and b.

    a) I consider it highly unlikely that LevelUp made up that he saw it.
    b) I was just trying to make light of the thing. Sorry it apparently fell flat.

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  17. Rich Douglas

    Rich Douglas Well-Known Member

    Agreed. But being coy to the point of nonsensical doesn't add anything.
    Johann likes this.
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