5 million student loan borrowers face mandatory collections starting May 5
5 million student loan borrowers face mandatory collections starting May 5
abcnews.go.com
5 million student loan borrowers face mandatory collections starting May 5
21 comments
-
Domino effect, leading to economic depression?
-
yup. i received my surprise collections notice a couple of days ago. it's a bit disappointing because only a couple months ago i got it all back on track with the SAVE repayment, but apparently Trump has canceled that as well.
no retirement for me i guess? 🤷
-
This will surely help stimulate the economy and get Millenials to finally start participating in the housing market right? Right?
-
Good luck collecting blood from all these stones.
-
It's a good thing Trump won because Biden didn't do enough to forgive student loans, amirite?
-
It's a horrible thing Trump won.
But it was pretty much inevitable.
The Biden administration was weak, cowardly, and incompetent. It didn't understand - or refused to admit - how bad the US economy really was and how many people were struggling and suffering.
The student loan debacle exemplified the Biden administration's "strategy" on the economy, the environment, everything - make a half-ass attempt to slightly improve things, give up at the first challenge, and pat yourself on the back for trying.
The economic failures of the Weimar Republic pushed Germany into the arms of a fascist who promised security and prosperity.
The economic failures of the Biden administration did the same for America.
-
The economic failures of the Biden administration consisted of what, failing to have a populous who votes for a good legislative branch? The only thing he could have done differently is be a dictator and/or force the fcc to shut down and stiffle far right propoganda. Which would still be overreach, being a entity meant to be non partisan.
The economy bounced back from COVID. Wealth distribution was what was horrendous. A Republican majority Congress passed nothing to help with wealth distribution issues. For 1, because it helped get them back in office, and for 2 because they are mostly despicable people.
-
-
-
I'm reminded of a line from Yes, Minister.
If you're going to do this damn stupid thing, so do it in this damn stupid way.
If they actually wanted this to work, they world have given people some time to get their shit in order.
-
This administration sent out millions of emails giving immigrants from certain black and brown countries seven days to leave the U.S. voluntarily before being deported.
Seven days. A fucking eviction notice comes with thirty days. Seven days to pack up their entire lives, quit their jobs, buy plane tickets, find somewhere to live and work in a whole different country - fuck, if you had to buy plane tickets for your family at $250 per, could you even afford it? Most American families would have to go into debt for that, never mind immigrants from desperately poor countries who sold everything they had to get here in the first place...
The cruelty is the point, is my point.
Just like immigrants, college educated Americans from lower castes - people smart enough to go to college but too poor to pay for it out of pocket - are enemies of the Trump Administration.
And they want to make their enemies suffer.
They don't want it to "work". They want it to hurt people.
-
Yes. Always good to say it again, though, lest people forget.
-
-
-
Oh the humanity.
21 comments