Trump administration restarts student loan collections for millions in default after years-long pause
Trump administration restarts student loan collections for millions in default after years-long pause
Hope the baffling subset of gen Z dudes who voted for him thoroughly enjoy this punch in the dick
Assuming they went to college.
I haven't seen a generation fuck themselves harder than GenZ has fucked themselves.
Guess that gives them practice for their OnlyFans accounts.
They gonna learn the hard way.
Speaking as a Millennial who has worked at several colleges;
GenZ didn’t fuck themselves, they were fucked by GenX and older Millennials… AKA their parents and, to a certain extent, educators. Who, for some reason, decided to not pass on a single fucking skill they were taught as kids.
Seriously I have been around people just 10 years or so younger than I am who cannot make change, read cursive or analog clocks, or even use a mouse.
I've had to restart payments after a years long period of protest. They told me my loans were as good as done a while ago. I still have that email. But now they're threating to garnish my wages, so I have no choice. Feels bad man. I never defaulted.
The Republicans are helping him do this, so it's all of them.
good luck collecting
minimum wage and other wages stagnated
housing and food costs alone are more than average paychecks
teachers make less than police in most places and other four-year degree jobs are not all high paying or available
Wage garnishing is a very useful tool for a government captured by cruel interests. Since it's been decided student loan debt can never be forgiven, this is the only way to collect on that during the loaner's lifetime. Basic food and housing be damned.
Can't garnish peoples wages if they're unemployed in a collapsed economy
That will discourage people from working in the formal economy and encourage them to work in the informal economy. Another added bonus is no income tax on under the table jobs...
Okay but I remember reading something about them sending loan debt to collections... I'm not sure if that ever actually happened... But if they did... Then wouldn't that mean you could get it wiped away?
I have student loans and here's whats happening to me. My loans are in forbearance. I applied to the SAVE plan but because Republicans hate everyone it was challenged and my loans set to forbearance. No interest is accruing and no payments due. My servicer sent me a letter stating that I have until June 2026 to change my plan but it should be in forbearance until then. SHOULD BE...
Until next year I'm just paying it down when I can. Put up $2k last month. Still owe $68k. Gonna aggressively pay it off.
years-long
Holy shit. Someone used a hyphen. It's been years since those were spotted in the wild, and so long that they were thought to be extinct.
He's winning so good that he needs SOME people to vote against him.
Well considering half of Lemmy called the pauses and attempts at cancelling them “performative” surely this doesn’t matter!
"Democrats just aren't trying hard enough!"
"This is purely performance, if they cared they'd cancel it! Both sides!"
"Democrats just aren't fighting Trump hard enough!"
It's amazing how Trump could literally do anything on stage and still get votes but Kamala had a single major flaw with Gaza that was STILL less unhinged than Trump's Gaza positioning and got absolutely torn to shreds. Amazing.
I think it’s low key telegraphing “I do not care about pissing off constituents anymore because I have a firm control on all the electoral machinery now”