I’m so sick of our financial wellbeing being a pawn for these political asshats to play with…
My loan repayment period was supposed to end in June of this year as part of the service workers repayment plan. I wasn’t even on the SAVE plan and my account has been put into some sort of weird limbo because of all this stupid garbage. My servicer won’t even touch my account. They just keep extending the forbearance on it every time a new judge steps in.
Now Trump’s gonna step in yet again and fuck us all even more…
All I know is that if IDR is killed off, I’ll have to go into bankruptcy as i don’t have enough for groceries for my family as is. I know the likelihood of getting the stident debt is next to impossible, but i might be able to afford that payment if my cc debt is killed off ($40k) but would still have mortgage, car payment, roof loan payment, and my private student loans as well. I’m just pretty much tapped out. Probably worth more dead than alive, though I’m the bread winner.
There will be a lot of bankruptcies and I can’t see how that benefits the corporations that are expecting loan repayments. It seems like they lose either way, so maybe we should have let them lose without fucking over so many other people.
I sort of hope that happens because then people like me would go in and buy
Quote from a certain U.S. politician on real estate crashes…
Private student loans can be discharged.
I mean… The country spoke… So why bother.
The tiny majority of voters. Not the country. Close? Not really.
All those eligible voters who didn’t bother to vote at all who make up the rest of the country spoke too. They said they didn’t give a shit.
So again, seems like a “why bother?” situation.
You all missed, this forgiveness was tied to the restarting of loan collection. It was meant to soften the blow because amid the crazy inflation biden was forcing people to pay on loans. Of course it didn’t go through, no one in government actually gave a shit. It was just a distraction to avoid the fallout from the big shit sandwich he was serving up.
I hate the direction the world is going but I’m not going to miss biden, that’s for sure.
Trump said he was going to reinstate all the debt anyway.
Do you have a source for that? I’m not sure how one would even go about bringing debt back that has been effectively erased.
You can’t, but that never stopped Trump from saying shit like this. “Mexico will pay for the wall”
I don’t have a source but that is about as Trump as Trump can get.
“The guy who is no longer in power stops doing the thing he promised to do while in power and can no longer do even if he wanted to. News at 11.”
Also: OMG why is the other guy doing the thing he promised he’d do if he got into power??? I thought he was “just saying things”???
My kids were hyper aware out of high school of the burden of student loan debt and refused to sign on any federal loans. I’m proud they graduated college without debt… they did it sacrificing party time with work time, but they are financially better off because of it.
So many kids now have learned that signing paperwork can mean financial ruin that can’t be bankrupted.
That’s a good thing.
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When was that, how much was tuition? Because the average cost of college per year (tuition, fees, and regular daily expenses) in the US is about $38k. Assuming they worked half-time, they’d have to be making about $36/hr to cover that cost.
Personally I took out loans, took extra classes to graduate early, and paid off my loans years early after graduation. Federal loans make sense for most people.
They didnt vote for him why would he do anything to help. Hes just as spiteful as trump lol.
They didnt vote for him
I know, right? I keep trying to find someone who voted for Joe Biden in November and I haven’t found a single person!
Crazy that hey there has to be at least one around here somewhere.
