I stopped paying mine. It was homelessness or student loans. Fuck em. If they can write off billions of small business loans, they can write off my student loans. Fuck that game.
Just remember the two pieces of shit that sued to stop student loan forgiveness. I think one of them had PPP loans forgiven.
I agree with you in principle, but they won’t do it and you’re likely going to end up struggling. There are other payment plan options that I encourage you to research before you end up in more debt which you can’t offload. It’s fucked up, I know. And I’m sorry you’re having to decide between a payment or shelter. Obviously shelter comes first. But there might be other options to allow you to have both.
My student loans were private, not federal, which actually worked out great when it came to discharging them.
Defaulting on them fucked my credit for a while, but then it left my credit report after 7 years. And my debt to income ratio was so fucked from them anyway that it really didn’t hurt that bad, and it was okay in 7 years, whereas paying double my rent every month would only cover interest and keep going indefinitely.
NO we should all stop paying. If everyone of us who have student loan debt stop paying we crash the system. It needs to burn like Elon dealerships.
Consider killing a CEO
These fossils still think that Millennials are kids. Bro, my kids are almost in high school, my back hurts, I feel this flesh prison decaying around me. I’m entering the part of my life where I’m traditionally supposed to be the most economically advantaged, and this bullshit is going to basically nuke my generation’s ability to participate in the economy, because we were all told that we need to go to college to have a good life.
At this point I pray for an afterlife so that I actually have a life I can enjoy
My student loans should be paid off around when I retire, according to their amortization chart.
It’s messed up how low my federal student loan interest rates were. I was paying my loans off in the early 2000s and I swear my interest was only like 2%!
Last month, a federal judge blocked the Biden administration-era SAVE plan, an income-driven student loan replacement program with 8 million borrowers, claiming it lacked the authority to forgive millions of dollars in debt.
It’s almost funny how when Biden was President he had no authority to do anything, however trump doesn’t seem to have that issue as much. Almost funny.
Trump has support in all levels of government, and a great amount of it too. This didn’t happen just overnight in Jan of 2025. Biden had opposition who would hold him accountable for dictator stuff (as well as supporters who would hold him accountable depending on what he did) but Trump now has a larger support base to pull off his shit because control at the top is across his party.
That’s why Biden couldn’t do it but Trump can. It’s bullshit and we know it, but no one (including myself) is willing to revolt the way we should yet. We’re all worried about covering our own butts because the system we’ve grown up with is still mostly here so there is still hope that we can change it via our system. We may very well regret this later though.
“Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”
I don’t know why Biden didn’t just go full dictator like Trump. Dictators that do the thing I want are actually good and there’s absolutely no possible repercussions.
I mean, I’d love a dictator who says “You must value trans rights as human rights, or to the Gulag with you!”, while running labor camps for… CEOs who underpay their janitors.
He’d have my vote!
If a democrat went dictator they would immediately have the DOJ, entire media ecosystem, and courts united against them because those that support the democratic party recognize dictators as bad.
If “full dictator” is defined as ignoring established law to enact their agenda, then Biden did go full dictator multiple times. Most notable is how he circumvented established law in order to continue sending lethal aid to genocidal Israel.
And you’re right, Biden going “full dictator” does have negative repercussions. Trumps’s illegal actions are somewhat normalized by the illegal actions of his predecessors.
I just wish for once a president would go “full dictator” for the working class and not for the billionaires and genocidal regimes.
Waiter, this whataboutism is cold
especially since Israel has gone from ethnic cleansing to simple genocide by bomb with Trump in power.
Well Biden wasn’t really president, Trump won, doesn’t that make this this third term?
During Trump’s first term I was convinced that he would try to increase revenue from student loans, so I converted mine to a low interest private loan.
Sadly low interest private options are no longer available for those still stuck in the federal student loan system. The administration knows that low interest private loans are no longer an option, and has a captive market to extract revenue from.
Trump has been grooming his supporters to cheer actions taken against the educated. I hope this move alienates millennial and younger college educated Republicans and finally turns them against the administration.
Owning the libs… bah…
Has a different meaning now.
How bad will it get before people start emigrating?
Would if I could. My skills aren’t in demand in other countries, and my health would be an issue for those with universal Healthcare. I’m stuck, and have made peace with the fact that I’ll be a statistic of this administration. I’ll do what I can to prevent others from suffering the same fate, but realistically, I have no avenue to save myself.
Cartoon “Brain drain” by Oliver Schoff.
It’s already started
People who emigrate in response to things getting bad are cowards …
Yeah, America told that coward Anne Frank to pull herself up by her bootstraps and sent the boat she took to the good ol US of A to seek asylum back to Germany.
I wonder what happened to that girl? Eh she probably got a hero’s welcome, challenged Hitler in the Free Market of Ideas, and won the day. At least I think so, I’m not sure, she wrote a diary but my local GOP Senators were kind enough to ban the book for being woke; it’s just not appropriate for people hiding in attics to call the people looking for them Nazis just because they happen to disagree on trivial matters like the value of a human life.
/sarcastic as Hell
…do you think I’m saying this shit as “oh yeah, you’ll be fine if you fight back, nothing bad will happen”? Do you think I’m saying to only fight back with thoughts and prayers? There’s never any magical victory.
Anne frank was a child. 16 years old. Not old enough for self determination in the united states(barring some exceptions).
Genocides happen when people don’t stand up to stop them. Everyone needs to fight against encroaching evil, in ways small or big, to stand a chance to fight.
Congrats on the most stupid take my eyeballs saw today 👏
^ this person isn’t worth anyone’s time or effort. Ignore and/or block and don’t fall into the trap of trying to use logic to change the mind of someone who didn’t use logic to get there.
What are you talking about? People emigrating (after an enormous genocide) is how this country was made!
Again, I’m very confused on how that’s relevant to what I’m saying
It’s relevant because if we go by your logic, then the entire country of USA is made by and for cowards since all of them, except for the native Americans, are either immigrants or descendants of immigrants. Ergo, the United States is inherently cowardly.
That’s really strange that you think people are purely determined by their parents… Like, seriously, what?
But sure, founded by. A nation isn’t determined purely by it’s founders. That still hasn’t explained how this is relevant to what I’m saying.
I don’t think that. I’m just applying your logic to the reality of the United States being a nation of immigrants who aren’t native to the land they inhabit. Therefore it is a nation built by cowards. People still migrate to the US today, btw. And they marry the descendants of the cowards so the cowardly traits will never die out there.
Or maybe, just maybe, people who migrate to another country are just looking for ways to live a free and happy life? Maybe those to move some place else have better opportunities somewhere else and they prefer to live in peace with their family rather than being potentially thrown in concentration camps or killed by their government. It is so easy to sit there and say that people who move away from an area are cowards. Just like it is easy for me to make the conclusion that all of US is cowardly because all of them (except the natives) either migrated there or descend from generation upon generation of migrants. You are correct in objecting to that conclusion and calling it strange because that is indeed a strange thing to conclude. Just like it is strange of you to conclude that those who move away from the US currently are cowards. It is strange and a downright foolish statement to make.
You applied a perversion of my logic.
I did not say all immigrants were cowards. I said “people who emigrate in response to things getting bad are cowards.”
You not reading my sentence in full and instead splicing it to fit your image of me is a tad annoying.
Effectively, I’m saying those who flee at the start of when things get bad instead of trying to stop it are cowards. If you can make a difference, you should. That’s my viewpoint in life.
“Going somewhere for a better life” is not what I’m against. “Refusing to attempt to stop the decay of your current space” is what I’m against. People like the leadership dems, who flop down in the face of a foe. That’s cowardice.
It’s an understandable thing to do. That won’t stop me from thinking they’re cowards.
Why? What loyalty or obligation is owed to a country just because you were born to it? It’s the country’s job to make you want to be a citizen, not the citizen’s to make the country act like it doesn’t hate your guts and see you as a wallet to fleece.
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Yeah I’m not killing myself because a minority of voters elected someone that’s ruining my life. Get fucked pal
Yeah, there’s an option if you don’t want to do your part to make the world a better place… No one’s forcing people to stay in the world
So I should kill myself because America broke the social contract and I’d rather leave than die or become imprisoned fighting to repair it? Fuck you, my man. Revolution isn’t the only option when your government breaks the contract; is every immigrant a traitor?
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Wow, you guys actually think you don’t have any responsibility to fight fascism. No wonder it won so easily.
Why do you think like 97% of America’s population immigrated to America bruh?
No one said “Yeah I love loving where I am now, let me drop it all and move to an entirely new continent lol”
Erm, more than a few arrived in chains, entirely against their will.
I fail to see how those genocidal people have any bearing on my statement.
Non-millenial here, also watching my payments skyrocket by 440%. Can’t get loans with my excellent credit score because my debt to income ratio is super high. At this point it would cost me less to tank my credit, go into default, and be garnished since my credit score is meaningless anyway.
299.56% for me.
And the kicker is that in the 10 years that I have paid, my principal balance has not decreased at all.
Oh, and the real treat? Since the Federal injunction, I can’t recertify my repayment information, which means I lost all progress towards loan forgiveness.
I am fucking livid.
They will almost certainly change the rules once the injunction finalizes. Call your representative and tell them what’s going on.
Good thought, and I absolutely have.
When the game is that tilted against you, when do you just stop playing? You’re literally getting nowhere playing by the rules.
I wonder how that plays out though. What’s the punishment for non-payment?
They will garnish any wages that they can. Not to mention the late fees that are added to your principal (and interest is charged) each month you don’t pay.
As I understand things from my own reading, Student Loans typically can’t be discharged with bankruptcy, and they start garnishing your wages eventually if you don’t pay voluntarily.
Short of keeping all your money in cash and living off the grid in a hovel not worth the trouble for the bank to foreclose on, I think I’m pretty much fucked.
You can’t “not pay”, but a million people can “not pay”. You all need to get organised. These student loans are ridiculous, debilitating, crippling maybe even killing.
Holy shit!! I won the birth lottery be being born in Norway, and I watch Last week tonight with John Oliver weekly, read the news about what’s happening around the world, to be informed, listen to Behind the Bastards, Lemmy, local news etc., so I feel pretty informed. However, 440% increase? And the other commentary who’s paid for 10 years with no decrease - what in the actual fuck???
There are SO many property owners who could not keep their house with a 5% increase on their house loan (article from COVID years), and I remember reading about people going to the news complaining that they had to cancel one of their streaming services, and others who maybe had to sell ONE of their two cabins.
450%‽‽‽‽‽‽‽‽‽‽‽ Why have people not revolted? How can you still be complacent? I’m so sorry to hear about this happening.
Why have people not revolted?
Our cops will fucking kill us
willHave and will again kill us.Our cops are fucking blood thirsty. If you listen to ex cops talk about their time in the force its us vs them constantly over and over again.
Yeah they talk like there’s a massive number of dangerous criminals who want nothing more than to kill cops out of pure evil and desire for chaos that are just hiding among the everyday population. I’ve had cops refuse to respect that I’m panicking during a traffic stop because I have an anxiety disorder and just keep asking with increasing intensity why I’m scared. And like I’m not going to tell them it’s because an armed lunatic is asking me why I’m scared.
Same. Born in Belgium and I had to pay less than 1000 € for a full academic year at the University. The quality of education is good. I got a decent job, correctly paid. I did not had any debt when I started my career. What more did you get in the USA ? I would be depressed as hell to be in the shoes of that guy who claimed above that he paid only the interests of his student debt, after ten years of reimbursement.
Funny you think the higher price tag gets us anything more. I spent 60k to get my degree, and graduated into a recession where I couldn’t get a job flipping burgers. I’ve been on income-based payments for my student loans ever since and have never paid even the full amount of interest for one period because of my income. So now I owe 10k more than I graduated with, and km homeless and unemployed cause I’m overqualified for anything entry and don’t have the experience for things that need a degree. Yay for the American dream.
Because apparently they won’t start collecting those new prices until December?
Educated people don’t support the regime.
Only one percent are average…. Half are below that, half above… no… that’s median
A really stupid guy can absolutely bring down the average. That’s average.
Some of the smartest people one can know are fucking stupid idiots.
I hate to say this but fucking good. Throwing random people in Gitmo wasn’t enough to piss the people off to do anything, because the only thing that would be enough is when they fuck with everyone’s money.
I hate the “fuck you I got mine” attitude so fucking much.
I seriously doubt this will be enough. A whole lot of qons were very grrrr, mad when Biden talked about loan forgiveness for the same reasons, really (“fuck you I got mine”) and many qons never went to school.
The average person just needs to fall under a certain level of comfortability for all hell to break loose.
Unlike Hitler, this guy cant ‘fix’ the economy by going to war because any war big enough to bolster our already over bloated military budget would immediately end in MAD.
This isn’t a reason to act like its all gonna be okay, but I’d like to think we have a better shot than 1930’s Germany…
Millennials were already against Trump. They were and remain the most liberal generation alive
It kills me that we lost Gen Z to fucking streamers.
Not all of us. Really mostly the men. Talking to a genz woman vs man is like two completely different groups.
This isn’t the first time I’ve heard that. I wonder why things have played out this way.
If you want my honest opinion, gamer gate. it hit at just the right time for a lot of genz boys to be really into gaming at the time and to be dumb enough to just listen to what the people that they watched play games say and believe.
Yeah as well as the whole of the alt right pipeline.
Meanwhile for the women, the right was largely offering nlog shit. It was taking away rights and encouraging misogyny in the men their age. This pissed them off which pissed the men off now that they couldn’t get laid
Tradwife content is getting really big with genz, unfortunately. I’m not sure how much longer the girls will stay liberal at this rate. The Mormon church is heavily subsidizing LDS content creators through adsense and it’s encouraging more and more of them to build a platform, and pushing their content far and wide. Once I started seeing the signs, there are so many Mormon influencers. They’re winning the cultural victory rn and it’s scary af as a progressive woman.
I really don’t want it to be true, because it’s just such a boring, stupid little bit of corruption. There’s so much fucking corruption in our whole economy, and for them to seize on that of all things and the message they get out of it is “wow, fuck women huh?” Is just boggling.
idk about that. Most people still don’t watch streamers
There’s a decent correlation there. There was an article or study out out recently that demonstrated that Republican narratives and pundits overwhelmingly dominate the podcast/streaming space by like a 5:1 ratio, and that a lot of people (for some reason, disproportionately men) who are exposed to podcasts and streaming tend to drift right as they’re exposed to these pundits and narratives.
You have more hope than I. I seriously do not think Americans will ever do anything. Too many people have been indoctrinated into obedience.
Sad that it comes to this and people’s social security + other social safety nets having to be cut for them to wake the fuck up.
Damn too bad I ain’t paying shit
Can’t get blood from a stone.
All the better to declare himself supreme leader for life so he can “fix everything” and MAGA.
Only millennials? Take a look at your own future.
Wasn’t there a story going around about how Harvard is doing tuition free if you make less than $200k or something? lol
This seems… misleading, in a weird way. Even some of the comments are confusing, though I may be just clueless as I’m not American (I’m Canadian, so don’t know any people directly impacted by this to question in person).
There are comments here saying it’s really tough because low interest private loans are less available. People noting huge increases in their monthly payments (by percent, but often not noting the actual dollar value from what I can see?).
The article notes that the average student loan debt is around $38k. Even with a terrible interest rate of like 12%, which is what my local Credit Union offers for personal loans, that’s a monthly payment of $500 for ~10 years. The guy in the article is an outlier it seems, in that he has a 6.3% interest rate and payments around $5000 – so while the average person is out 38k, this guys in the hole by like $400k+?? The reason it costs them as much as a mortgage payment, is cause they spent as much as a house getting his education. I doubt education costs ‘skyrocketed’ partway through his education, so he would’ve seen that bill coming. And for the price of that education, I’m guessing he could run the numbers with more accuracy ahead of time, and make an informed/educated decision on whether to take out those loans.
400k is not uncommon for medical school debt. Blaming it on the ~18 year old that just wanted to get a decent job helping people is bootlicker talk.
Sure, but you’re framing that in a way to be as positive as possible about it. How about, “the 18 year old that wanted to defend criminals and get them out of violent crime offenses for huge profits”, and went into debt to pursue what they thought was going to be a hugely profitable career? Do you really think regular people, who go into debt just ~40k based on what the article states, should also be comp’ing that other case with perks/debt forgiveness? The article is specifically using an outlier case, who went into debt for a profession that’s respectable, to skew opinions…
Student debt is an issue in the states, I don’t disagree on that as far as I understand it at least. It’s just that a lot of the articles around the subject seem very heavily skewed by political bias, which is annoying. And me being annoyed by that, and wanting more neutral discussion, I don’t think of as bootlicking.
The fact that public defenders can’t afford their student loans is a crippling failure of our system which asserts a right to a lawyer for all accused regardless of ability to pay.
It’s not just violent criminals who need these defenders, it’s also the innocent who are accused of violent crimes. Both are equally invested in not going to prison. And you don’t know who’s which.
The second sentence doesn’t only apply to folks going into the medical field, and I would say a lot of jobs help people.
Do you really think regular people, who go into debt just ~40k based on what the article states, should also be comp’ing that other case with perks/debt forgiveness?
Yes.
It’s just that a lot of the articles around the subject seem very heavily skewed by political bias
I think this is why I am not super interested in engaging with the particulars of your reply. Because you’re right, there is selection and political bias in this article. But not in the direction you think. Because the article completely omits the culture pressures that started the issues of student loans. That for many it was seen as the only path out of poverty, and wanting to foster that while still allowing markets to drive everything in the country, the government decided the loans was the correct solution. Since these were 18 year olds getting goods that could not be returned, the only market solution to that was make the loans not discharged on bankruptcy.
Once the costs were abstracted into the future, the tuition start to quickly rise, and with government backing the student loans, the loans rise with them. Since schools are now getting an order of magnitude more from each student they lure in, they heavily push the idea that you will be flipping burgers for minimum wage unless you have a degree, reframing university as not a place of higher learning for those with exceptional interest, to the necessary step after high school. This taking root devalues all degrees, but 4 year degrees in particular, leading to a drop in the salaries expectations of the professional class with 4 year degrees.
With this market driven strategy giving rise to these new problems, income driven payment plans become much more common, and with those being cut off, suddenly the 1.6 trillion dollar debt bubble in the US starts to become realized. Which is what this article is touching on from a more personal level.
All of that being said, reaching for criminal defense lawyers as your example of a morally abhorrent and greedy career track says much more about your bootlicking than anything. If you had a worthwhile conception of the problem and reality of it, you would have picked one of the much better examples.
It’s not just bootlicking. It’s outright anti American bootlicking. The right to a state provided attorney is a longstanding fundamental right in America. Its something we did right even though implementation has lacked. If you want every person who’s accused of violent crime to go to prison forever without defense you can go to el Salvador or another country without human rights
Yeah, I don’t really see a reason to engage with your posts either, at least not with any real conviction. It’s not a sign that you’re approaching a topic / other person in good faith if you’re defaulting to insults. Insulting people isn’t very persuasive, and just serves to further alienate moderates – it makes you seem like an unreasonable extremist with the personality of sandpaper underwear.
The difference is our student loans are not predatory, and our schools are not as expensive, tho we can’t discharge our loans through bankruptcy either. I’ve had 3 loans and even paying minimum they were paid off in a decade or 2, repayments are higher in the states and from what I understand the minimum payments there are interest only.
