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.
this post was submitted on 18 Mar 2025
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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.
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.
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%!
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.
How bad will it get before people start emigrating?
It's already started
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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.
"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.
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.
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Wasn't there a story going around about how Harvard is doing tuition free if you make less than $200k or something? lol
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.
When the game is that tilted against you, when do you just stop playing? You're literally getting nowhere playing by the rules.
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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
~~will~~ Have 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.
Because apparently they won't start collecting those new prices until December?
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.
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.
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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.
You have more hope than I. I seriously do not think Americans will ever do anything. Too many people have been indoctrinated into obedience.
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.
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.
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