Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

sl8

(16,919 posts)

9. I'm not sure why you think payment would go to the borrower instead of the lender.

Reply to MichMan (Original post)

Fri Oct 28, 2022, 06:41 AM

Oct 2022

Biden didn't say who the checks were going to. To me, the most logical assumption would be that payment would go to the lender, not the borrower.

Is it that he used the word "check", rather than "payment"?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

Biden Predicts Student Loan Relief Checks Within Two Weeks [View all] MichMan Oct 2022 OP

How Many Folks Will Spend Some or All of the Money on Something Else? Probably Most of Them Indykatie Oct 2022 #1

Neither his statement nor this article implies that at all underpants Oct 2022 #4

I didnt see where the article stated that it was going to the providers MichMan Oct 2022 #10

All he said was that the checks would be going out underpants Oct 2022 #16

It's a rebate for payments made during the pandemic Sympthsical Oct 2022 #6

I highly doubt they will send 10 to 20 thousand usd cheques out that are payable to the borrowers. Celerity Oct 2022 #2

"Of course I'm using my Pell Grant for school!" Sympthsical Oct 2022 #8

I bet they are thinking they were pretty smart now. MichMan Oct 2022 #12

It has to be paid back if you drop out Sympthsical Oct 2022 #14

I thought you were referring to a loan MichMan Oct 2022 #15

Funds go to loan providers Sienna86 Oct 2022 #3

For people who made payments during the Covid pause Sympthsical Oct 2022 #5

Tell us you're mad RandiFan1290 Oct 2022 #7

I'm not sure why you think payment would go to the borrower instead of the lender. sl8 Oct 2022 #9

Yes the specific usage of the term check made it confusing who was getting them since it never said. MichMan Oct 2022 #11

I believe he was using "checks" as a synonym for "payments" sl8 Oct 2022 #13