Everyone should quit paying their student loans, and federal taxes too. Changes for good require risk. These are the times when we all need to embrace the risks.
Hard to do when payroll taxes are taken automatically from your pay & if you’ve been paying on your loans they have all your banking information to garnish your account.
Change your withholding by adding dependents or change to exempt. Your account can't be legally garnished without taking you to court. Do you think fighting tyranny will come without personal risk?
You still owe taxes regardless & they will want them paid at some point. Most people can’t afford thousands of dollars plus interest in back taxes. They can legally garnish your accounts without you ever actually being present in court. Student loans are not the same as regular loans.
Trump is the most disgustingly to have the children behind him and how dare Fotus insulted them as this damn EO to reduce education in our United States and it is damn conflict of interests for himself shit empathy for these innocent children
Last I checked, my student loans were through the DOE, and not a business loan. If DOE is no longer handling loans, I'm not paying another fucking dime.
Don't Try To Tell Me State Demographics Won't Change-In An Instant-If Federal Support For Education (Especially K-12) Goes Away!
#America WILL Return To Having, "Poor Dumb States".
Unfortunately the answer is almost certainly yes. Only the ultra wealthy get to dissolve themselves of debt and behave as though laws aren’t real. They will find a way to stick it to the rest of us regardless
I don't have a student loan, but I was thinking the same thing. Does the contract explicitly state transfers are permitted. I'm smelling a massive class action lawsuit.
If this is true can someone link a source? I cant find anything but articles from the last few days saying debt will just go to another agency. So if by law it cant go to another agency i think the law in question needs to be linked for the benefit of everyone with student debt.
If the debt holder changes on my credit reports, I will initiate disputes alleging that "This debt is not valid, I have never signed a contract with the agency claiming ownership."
If the loan was taken out in good faith that repayment would go only to new students to use for education, I don't think the sba can fulfill that expectation and that bad faith should call into legal question the enforcement of this contract.
One consideration of this... many loans have a clause allowing them to be resold/transferred. For instance, my first home loan was resold three times and I had to keep changing who I sent payments to, but that's standard practice.
And because I'm not certain the debt is still valid, I won't make any payments without a judgement against me.
Even if they had a clause allowing this, and sent out the legally required notice, the good faith between the borrower and lender has been obliterated.
And they are cutting the small business administration 2700 jobs from there trumps Nazi regime are about one thing complete control of everything and everyone and if they can't control you they want you gone
Small businesses are credited with just under 2/3 (63%) of new jobs created from 1995-2021 - 17.3 million new jobs.
They represent 97.3% of all exporters and 32.6% export value ($413.3b); 46% of private sector workforce and 43.5% of GDP.
By any measure, small businesses are a vital to our economy.
Satan announced that SBA would now handle student loans and then promptly indicated SBA would be cut by 40%. Maybe borrowers can use the same tactics as billionaires with income tax, why pay if no one is watching?
Poor kids. I can't even make a witty joke on this. Special needs education is decades behind where it should be with sensible people running the show. When RFK takes over, those kids are going to be exposed to life threatening, traumatic experience from which they will never recover.
The federal government - whatever parts of it Trump and Elon can reach, at least - are basically going to be the antagonists in all our lives for the next 4-40 years, including those of their own employees. Buckle up everybody!
Trump is busy doing his side projects and not leading the country... like showing up at board meetings for the Kennedy Center to give out awards to people he remembers from back when he had actual hair..... That's why he's letting Elon run the country, I bet.
They are just shoving special needs somewhere, even if it is not appropriate. Reminds me of high school having the wrestling coach teach American History as they needed more for him to do. What a joke.
Trump is only the frontman in this attack on the American mind.
The attack is really coming from the anti-democracy movement: JD Vance; and Vance’s and Peter Thiel convinced Trump to make Vance vice president; and from Thiel’s early business partner, Elon Musk. https://www.alternet.org/behind-trump...
The SBA is significantly smaller than the DOE in terms of the number of employees and the scope of responsibilities. The Department of Education manages a much larger portfolio, including over $1.6 trillion in student loans, while the SBA supports small businesses. "Brilliant" move!
So, it they want to keep the functionality of the department, why get rid of the department? OR … are loans and SPED funds just going to disappear in 2026 and they hope no one notices?
I wonder if moving these loans to SBA changes their status w/ regards to bankruptcy laws. There are many who would (and prolly SHOULD) take the 7 yr hit for personal bankruptcy. I remember that these loans couldn't be discharged thru bankruptcy thru Education Dept? SB is more liberal? I think.
Nope it’s a separate law keeping them from being able to file bankruptcy on student loans. They did eliminate the lower payment plans for those that qualified under the last administration.
This is just another way to try to keep Americans ignorant. The less educated they are, the more likely they are to vote Republican. It’s as simple as that.
When they say nothing will change, everything will change, when they say prices will go down, they'll go up, when they say everything's fine, it's time to head for the hills...
What on earth do student loans have to do with the Small Business Administration? Another billion-dollar gift to a pro-Trump organization is all I can assume.
Not to worry he’s setting up the labor farm camp for sunshine & labor therapy for anyone with a metal illness he’ll just add special needs children! They don’t need an education to pick produce.
He can move departments around he can’t 💯 eliminate the DOE without congressional approval but he can gut it by moving departments around & terminating employees.
They have no clue what they're doing. Cut first, then think about consequences later. That's how all of their decisions have played out. They think they can just turn things off and on at will -- like he's done with the tariffs.
oh, god! brainworm guy in charge of special needs kids when is is f*cking cra cra? what’s he gonna do? institute a mandatory curative diet of cod liver oil and ivermectin?
That's what they said a day ago. Stay tuned for tomorrow's announcement. The 24 hour news cycle helps obscure what was said yesterday. It's always a new day.
Congress still hasn't authorized anything concerning the Dept of Education. I am so sick and tired of this law breaker, continuing to break every law he can and having no consequences. Impeach him now, or forget about having any rule of law. You think flaming swazicars burning is bad, look out.
With the worst being so far beyond what you actually envisioned that it just leaves you slack-jawed.
Isn’t that how they get away with this shit? It’s so brazen it’s hard to imagine. By the time you realize just how bad it is, it’s too late: the deed is done.
You mean the fact that every time his mouth is open he's lying? Reminds me of the old Tricky Dick Nixon poster of would you buy a used car from this man?
All that big orange face person is doing is taking apart all the puzzle pieces of our country & he’s trying to make them fit together where they do not belong 🤬🤦🏻♀️
I fear for the special needs children that will be under care of the BrainWorm. He doesn't believe in the meds that keep some of these children functional.
Well we all saw him mock the reporter w/ CP and not wanting wounded vets in his presence and I'm pretty clear that he really doesn't give a rats ass about anyone but himself and money. I catch rats and trust me using the term a rats ass is about as foul of a description as I can give as a cat.
He's basically running through the place with a chainsaw destroying everything, no one is attempting to stop him, and they're sputtering over who's going to clean all this up.
Didn't RFK Jr. propose essentially sending special needs children and adults to "Wellness Camps" where they would work as unpaid labor? This is awful news.
I don't approve of "gun resistance"/assassination.
The 2024 vote was allegedly manipulated by Musk (even his young son X celebrates that out loud).
In that case the MAGA party needs to be declared invalid and the election then was won by Harris/Walz
I don't either, but I'm just so frustrated. I'm reading a good book on non-violent resistance. I believe it was a F/F election. Musk is so fucking incompetent, I think we would have noticed him manipulating it. The problem is half the country are fucking idiots.
His VP nor Mike Johnson... have a cult of personality built around them.
They might try to continue the Maga cult and will definitely try to continue the Project 2025 agenda, but when the cult leaders die the cult almost always dies with them.
Literally everything Trump or the White House has said the last few months has been opposite the truth. Not just lies but the exact opposite of the truth.
Comments
#America WILL Return To Having, "Poor Dumb States".
VOTE U.S. BACK!
🇺🇸 🗽
🤦🏻♀️🤷🏻♀️
Playbook:
1) avoid answering/avoid conflict
2) introduce plausible deniability
3) minimize scope/action
4) deflect with false causality
5) minimize effect
6) deflect with false blame
7) admit and double down
8) introduce new focus
9) repeat
I will not make payments on my student debt if the Department of Education ceases to exist.
They will have to sue me and prove the debt is valid.
It's on the debt collector to prove the validity of the debt.
It'll be pretty difficult without a signed contract with the Institution claiming ownership of the debt.
You can also contest items on your credit report that are pending litigation or being disputed.
I am not a lawyer, and this is not legal advice or financial advice.
I do have some personal experience with debt default, and in order to force collection, the collector has to sue you and prove the debt is valid.
It is on the Small Business Administration to prove that they have the legal authority to assume ownership of a debt without your consent.
Making a payment on the debt could be construed as acknowledgement of its validity.
If you have any doubts about a debts validity, you should Immediately cease making payments and contest the debt on your credit reports.
If the debt holder changes on my credit reports, I will initiate disputes alleging that "This debt is not valid, I have never signed a contract with the agency claiming ownership."
And because I'm not certain the debt is still valid, I won't make any payments without a judgement against me.
Even if they had a clause allowing this, and sent out the legally required notice, the good faith between the borrower and lender has been obliterated.
They represent 97.3% of all exporters and 32.6% export value ($413.3b); 46% of private sector workforce and 43.5% of GDP.
By any measure, small businesses are a vital to our economy.
#FollowMe
So infuriating. They don’t understand anything and are breaking everything.
The attack is really coming from the anti-democracy movement: JD Vance; and Vance’s and Peter Thiel convinced Trump to make Vance vice president; and from Thiel’s early business partner, Elon Musk.
https://www.alternet.org/behind-trump...
ohhhh no
Your #VOTE - twice - made this #POSSIBLE!!
Every SINGLE day that #schumer “leads” is a day that tRump AND Musk WIN against Americans!
#RESIGN #TODAY shameless #Chuck!
Isn’t that how they get away with this shit? It’s so brazen it’s hard to imagine. By the time you realize just how bad it is, it’s too late: the deed is done.
What a pathetic man child.
Never trust a lier, cheat or their.
... or a FELONx34
https://time.com/7002003/donald-trump-disabled-americans-all-in-the-family/
The chance of that is much higher if you literally have no idea what you're doing.
Nothing is safe anymore😓 but that's the impact of electing a dictatorship ticket.
I don't approve of "gun resistance"/assassination.
The 2024 vote was allegedly manipulated by Musk (even his young son X celebrates that out loud).
In that case the MAGA party needs to be declared invalid and the election then was won by Harris/Walz
They might try to continue the Maga cult and will definitely try to continue the Project 2025 agenda, but when the cult leaders die the cult almost always dies with them.
But (and they haven't figured this out yet) it's highly likely that there will be no more elections.
Unless the people of the US demand the situation be fixed.
Audit the votes of all the swing states !
Trump is irrelevant now.
The cult is irrelevant.
Project 2025 runs the country.
Just sayin'
There must be no doubt: this is a coup!