So 5.3 million Americans are going to be given less incentive to work and less to lose?
This cunts daddy paid for his college were he bought his degree of course he lacks empathy for normal hard working people
As a transgender man who served 3 of my 4 years of my TEACH grant before my state made it defacto if not de jure illegal to be a transgender teacher -
I’m fucked lol. I’m just going to have to work under the table the rest of my life. My billionaire ex managed to dump his credit card debt on me, so I’m fucked hopelessly. It’s entirely legal to fire me for being trans in any job. Doesn’t matter whether it’s cleaning vomit after a basketball game or working at a group home - my uterus renders me a non human.
If I do lose my apartment, I’ll make the news in the best way I can though.
You may just want the leave the country at this point my dude
Running away and giving up. Is cowardice. Don’t give these people that pleasure. We must rise n fight back. Collect yourself, prepare and just be ready. 1860s isn’t far off and if its our turn to lead a revolution then so be.
Fuck the traitor rapist felon Donald Trump. Dude deserves capital punishment for treason.
That’s a reasonable thing to say, but not to trans people who are being actively persecuted by the US government. I cannot imagine how difficult it must be in that situation and it is the responsibility of society to stand up for trans people.
Running away and giving up. Is cowardice.
Standing proud and dying in a gutter and being forgotten because a cop decided to break your skull open for the fun of it is not courage either.
Nah I’m good. I’m watching how things play out, and if it gets that bad I’ll just rebuild my life in another country. Already got approved for Express Entry into Canada.
Yep cowards will be cowards.
Good luck.
I’m fine with being a coward - I’ve had to be brave my whole life, it’s some for someone else to fight. I’ve earned my peace.
I really want to keep my books. I love my books and leaving them behind would feel like death. I’ve thought about Costa Rica or a few other places. The cost of the plane ticket is unrealistic; the likelihood of getting the books over is doubtful.
I’ve realized that I probably won’t survive this administration, and I’m just going to go down fighting. I lost everything I care about, and the least I can do is try to make it so no one lives a life like mine again.
Uhaul -> Canada
Canada doesn’t want poor (let alone trans) refugees any more than any other country wants poor refugees. It’s a much more progressive country than many, but “just leave” isn’t any more of a realistic option for persecuted groups under Trump than it was for the same groups under Hitler.
Are they actually taking anyone though? Everywhere I’ve looked has been like “the us isn’t actively killing LGBT people, so we don’t count it as refugee.”
I also just simply do not have the liquid resources. I can sell some stuff - but what then? Sleep on the streets in a country I’ve never lived in before? I guess people cross the Darien gap, but I’m also just physiologically broken now. My nervous system doesn’t work correctly - I have experienced actual torture. I can’t organize a plan to finish my graduate degree, much less get across a National border.
Wait it out for as long as possible, there’s a non- zero chance that you will be accepted for asylum in the future if things keep going the way they are.
Well, by your own words the alternative is death. So if you truly believe that you won’t survive this administration then yeah, hop across the border as a tourist and just don’t leave.
I’m all for fixing the broken system and I’m sure there are peoples whose loan agreements are so fucked up; HOWEVER, in order to not default on my loans I think the minimum payment is like $20 which doesn’t even cover the interest btw. I think there are people that can pay their loans and aren’t. There’s also a lot of people who were taken advantage of.
I owe about $2500 on a loan of $3500 at 3.4% fixed from 2015. It was on hold until I graduated in 2017 and then it was on hold during covid. The monthly payment is about $26.
That bitch is going to be autopaying until I die.
Don’t worry I’ve been paying $50 for about 15 years 😆. I will say it has done wonders for my credit. 15 year credit history apparently means something.
My SO and I have $130k between us and if we get the IBR figured out, it might bring our total payment down to about $1200/mo which is not something we can afford. I’ve been laid off since Christmas and just started a job, so we’re $20k in the hole and haven’t been able to pay anything. Now I see my credit is taking hits. That hurts but again, no money. Oh well what’s 7 years.
Believe me I understand that we were sold a promise and the last 5 administrations did fuck all to ensure the economy was in a good place for us to reap the benefits. It sucks that there’s so many people like you in the same situation.
The better, correct term is, “resuming regular collection.” This is just what is expected no? The abnormal behaviour was the pause on repayments. Which contextually made sense.
If I default on a loan, a bank can totally garnish my wages if I do not or refuse to pay it back. How is this any different? Was there ever an expectation of not paying back a loan they signed up on?
Hell, they could do much worse, a bank could recall the loan in full, and without means, to pay they could take all my assets by court order. This is not being done here. Which is much better. Worse case could be jail time which won’t happen here as far as I read here and elsewhere.
In the civilized world education is a right not a privilege reserved only for the rich or that puts the poor into a lifetime of debt.
Not sure where you are from. You can declare bankruptcy and restructure a normal loan or take a full on credit penalty for the next decade which severely restricts you from borrowing. It depends on your state laws and what chapter you file under . Yes they can take assets to pay the loan but in some states certain assets are restricted from being part of payback. Student loans are not normal loans and are outright predatory. You cannot declare bankruptcy if you fall upon hard times to help make it more reasonable to payback if not eliminate it.
Where are you from, just curious?
If someone wanted to have a decent career and life, and signed for some student loans not really grasping the implications, and now they’re subject to neo-slavery for the bulk of the part of their adult life when they’re even trying to get themselves established, that’s fucked. Especially since a lot of the time, the promised job security that was supposed to provide the income to pay back the loans hasn’t materialized, and a variety of interest and related fuckery have come into the picture to mean that they’re on a more or less neverending treadmill of servitude they didn’t sign up for.
There are wide varieties of scenarios where a democratic government is supposed to step in and realize that even though “the rules” are being followed, the outcome is horribly unjust, and they fix it. Forgiving student loan payments is one of the obvious ones of those in the modern day. “The rules” is just something we all made up.
Just because it’s written down, doesn’t make it right.
Totally support this. These life altering decisions ‘provided’ to young adults, are force fed down your throat from everyone around you. Parents. Teachers. Everything in your world is school school school. You trust that’s what has gotten you through and all the people around you.
They disbursed MY student loans through a DEBIT CARD. I could only use it on ATMs on campus. There was a fee for every withdrawal. Max limits too of course! So you’re paying to pay to pay! But screw us right? We have a lifetime. So charge us for everything you can think of and add it to the tab. I got into my third year before it wasn’t enough to cover me to eat. Tuition. A roof over my head. I had to get a job to make ends meet, when I would have preferred to finish my degree. I ended up having to work a lot. A lot more than I expected. I had to quit school to work full time just to keep up with normal life expenses.
Keep in mind you’re learning a LOT and making a LOT of mistakes during this time still too.
That only encourages predatory colleges, with predatory deals with card companies to distribute student loans. To stick us with everything, including ridiculously exorbitant textbook costs.
Now I’m saddled with that debt. It’s grown 1/3rd more than I ever borrowed.
I still never got my degree.
If you left the country would you still be stuck with it? If i had that albatross around my neck i would serioualy consider building a new life somewhere else
Yeah. The people telling you to do it aren’t malicious (most of them), they just grew up in a different and much fairer world. For them, the system was kind to them if they played ball, and they could have a good life just by following the rules. Now following the rules is purely for suckers. 😢
It is why I am for reform. I feel I should pay something back for what I did get, but that amount they want and how hard they’ve screwed us with horrible rates, and difficult or impossible bankruptcy options, shitty stagnant wages, rising costs of literally everything.
Trump doesn’t need to put this pain to this millions of borrowers. I don’t see him going after COVID loan forgiveness. How was that ok but this isn’t?
The loans are a part of a scam system which have been ballooning out of control for decades. John Oliver did a great segment about it.
Maga won’t be affected by this.
MAGA isn’t educated, so that checks out.
Oh there’s a small minority of them and I’m sure they’ll be on Facebook complaining about how unfair it is and how they’re not hurting the right people.
They do tend to be whiney people after all
What about all the fratboys?
They are in a frat because mommy and daddy pay the bills.
Maga doesn’t “do” edumacation.
My friend is directly impacted by this. So much winning. Thanks again Don. Really making America great
For visitors to this thread: I would really recommend that you scroll down a little bit to find the person who was claiming that aktually this is all Biden’s fault, and then trying to defend it like it made total sense when people asked WTF they were on about. It is interesting.
He could raise money by taxing billionaires who wouldn’t suffer but he goes after people who took out loans for education. He also looks especially toad-like in that image.
Didn’t this guy default on most of his loans several times?
He also ripped off contractors
I hope all the zoomer dudes who voted for orangeboi enjoy this delightful financial punch in the dick
Trump supporters can’t even read, much less take any kind of higher education degree
While that may be the statistical correlation, it’s not true as a blanket statement
lol, you think most of those guys went to college?
Doesn’t take a lot to get through college
Umass boston was largely a joke. I do agree with that.
It’s mostly a time and money sink for a piece of paper unless you’re going into a profession that requires it… though you don’t usually need a degree, instead you need to pass various certifications. There’s even wacky exceptions like not needing a degree at all to take the BAR exam in Vermont.
Then there’s the hyper conservative colleges out there… I couldn’t tell you at all how those go but I wouldn’t assume very well.
College in the US is largely a big day-care system which interferes with the students’ ability to cope with realities of adult life, if they didn’t come in with it already, and also a money gate which serves to keep people away from high-paying jobs unless they come from a wealthy family or are willing to enter an indentured servitude relationship.
It has some other subsidiary functions, some of them legitimately important, and education is a wonderful and crucial thing. College in America has been drifting further and further away from education, though, as the society it is forced to exist within has been steadily cared less and less about education with every passing decade.
The highest paid employee at many universities, especially in the south east, is the football coach. If that doesn’t tell you where our priorities are…
I think you’d be surprised how many of them did
This dildo is practically asking for another attempt on his life.
I don’t know how anyone can be optimistic about this economy. This isn’t death by a million little cuts. we are headed for an unprecedented economic depression.
What are you talking about, the market is back to its pre-Trump levels! 📈🔺
How far pre trump? 95 years?
🥇
Didn’t you hear? If the economy goes up, that’s Trump’s handiwork. If the economy slips, it’s Biden’s economy. It’s really simple to understand, attribute all good things to Trump and bad things to Biden. /S
He explained it quite clearly in that interview. 😄
I get it, trump was responsible for the economy when Biden was president,
And now that Trump became president, Biden is responsible!
It makes so much sense when Trump explains it like this, it has to be true
The guillotine got applied to the economy instead of the… Proper target…
This ain’t nazi sympathizing Reddit bro - you’re allowed to say that a treasonous Russian asset in our government deserves to be executed by guillotine, even if somehow that treasonous Russian asset is the president.
Time for the under the table economy to rise sgain
💯
Another benefit is no income tax on under the table income
Removed by mod
Free to fuck off too
