Anyone have any idea how many students loan holders this impacts ?
https://www.kvue.com/article/news/local/austin-attorney-sues-education-department/269-9166914e-ec76-455a-aa2c-997a60029d50
https://www.kvue.com/article/news/local/austin-attorney-sues-education-department/269-9166914e-ec76-455a-aa2c-997a60029d50
Comments
Hey murica, maybe you're doing it wrong 😂
SCOTUS is the reason he didn’t succeed.
Immunity came on July 1st 2024.
https://www.nasfaa.org/news-item/35444/Biden_Administration_Announces_Final_Student_Loan_Debt_Relief_Approvals#:~:text=According%20to%20ED%2C%20the%20Biden,Miguel%20Cardona%20in%20a%20statement.
https://www.pbs.org/newshour/politics/despite-collapse-of-his-forgiveness-plan-millions-had-student-loans-canceled-under-biden
I might just tell my kids not to repay.
This government is definitely NOT for the people.
IF they don't repay, the government will garnish their assets- including paychecks.
Everything he does is about SHRINKING markets.
You can literally declare bankruptcy, and they will follow you out the other end, demanding you pay now (possibly more so since they are the only debt remaining)
https://bsky.app/profile/kyefox.com/post/3ljrxnpbxus2l
Jesus won’t kick you out of heaven for debt, so fuck these fucking losers and move on with your life.
This is pure Usury.
Yet Trump loves to inflict pain on us.
https://go.bsky.app/6dCw92a
This is a slap in the face to those who are faithfully repaying their loans
And it impacts just about everyone who has outstanding loans
Including lining the pockets of the lenders who are gouging the lenders
They cash your check or accept payment, that’s acknowledging they accept the amount
I suspect there may be class action lawsuits cause they’ve breached the contract you initially entered into
Don’t let them win & put yourself in a worse situation
@democracydocket.com
And yeah, EFF them.
800+ credit score
100k+ income
180k+ equity in my current home
Could pay off all my debt tomorrow from my savings.
Unable to get approved for a mortgage for a home bigger than my current home bc the way they calculate DTI while my student loans are stuck in SAVE forbearance.
I went down the Trade skills route, no higher education for me and I retired at 50. A degree isn't necessary in most jobs.
At that point they'll need to disrupt the mass protests that break out.
Granted I'm already of a mind that Trump intends to go full dictator
They’ll shut us down on our parts of the internet by making us all illegal
It’s crazy - just shameful snd crazy.
He's doing this for a reason & I believe it is to be able to "go-after" students in form.
I'll never be able to pay off my debt & that terrifies me because of the implications of having the gov hold my debt.
Please vote accordingly!
No 'may' about it.
But the debt takes forever to pay and blocks access to the economy.
I didnt do it because i wanted to pay it off faster. But lots of people needed this option because of things like covid disruption and a lack of better employment options.
Screenshot showing number of #FederalStudentLoan borrowers in ascending age groups from the article @damstraight.bsky.social provide in their response to you.
Fun Fact- people 18-29 voted for Trump.
Hope they haven't taken out student loans.
He's destroying the environment too, so at least there may be an out for this eternal debt dear leader locked you into for the rest of your life!!!
Dear Leader says- Pull yourself up by your bootstraps, whinners!!!
Payments were set to go up about 700 dollars total.
We are trying to process it all.
Just think about the good that could have been done with the money Elon gave to by the election. His Teslers🥵 would be selling out .
That's insane, shoot id Sue too! Assuming I had the money to pay for legal fees
that's bullshit and½
From their elimination of social programs, SNAP benefits, etc.
When Trump keeps saying “you are going to be so rich” with his tariffs, he is only referring to billionaires.
Conservatives have be telling the law to go fruitcake itself for decades!
I tried calling MOHELA when I heard the news: 6 hour wait time.
I then switched to calling my representative (Nunn), and his office didn’t even know Trump was trying to transfer accounts by EO.
Parents Sue Trump Administration for Allegedly Sabotaging Education Department’s Civil Rights Division
It's just insane.
https://www.nationalfinancialplan.com
He’s been dreaming about a do-over. He’s poking & prodding to get his wish. Dismantling civil rights is proof for me.
I have a stomach ache
Rachel Maddow was all over it last year
https://www.msnbc.com/rachel-maddow/watch/watch-rachel-maddow-lays-out-why-you-should-care-about-jd-vance-s-real-agenda-220521029601
No such thing as an ethical billionaire
Except licensed profession, you can learn it all online.
AI will teach us.
Education should be free to all those who have the inclination and aptitude to obtain admission.
"In February, a federal judge blocked the Biden administration's SAVE plan, which allowed 8 million borrowers to work toward student loan forgiveness. Since then, Trump's administration has paused all applications for any IDR plans."
https://www.newsweek.com/student-loan-repayment-income-driven-donald-trump-layoffs-2047291
Our White House will be RESPECTED and is NOT for sale.
I’m calling for ANY sponsor to be boycotted indefinitely!
https://www.cnn.com/2025/03/23/politics/white-house-easter-egg-roll-corporate-sponsorships?cid=ios_app
You do the math.
I hope this mess gets fixed quickly for them.
Pediatricians, pharmacists, teachers. Trump hits the middle class. “You go to school, get a degree, earn more over your lifetime, pay more tax. All kinds of tax. Debt relief was never a handout." 43M Americans have federal student loan debt.
They want a monarchy and don't appear to listen to protests.
I have 2 unsub, or twice as much than when I started 10y ago.
I've become one with the fact that I'll never pay them off and I've been making payments for 10y!
#socialistsunday
Pass this around
Don't vote for anyone who will hurt those you love. I'm not seeing any signs of any opposition. Just nothing but collaboration with Project 2025. In 79 93 09 20 trifectas didn't codify roe. Oligarchy welfare. The Reagan thatcher neo fascism needs to die out now.
I regret everyday that I signed for them.
I'm not a lawyer. 🤷♂️
Imagine all student debt nullified due to the abolishment of the Dept. of Education. Another "Republican W"? 😆
Justin $96 million
Pierre P $25 million
They are there, the threshold is just lower😏
#ElbowsUp
It won’t be too long before all our loans are held by private lenders, so I guess that could happen to me as well.
They are another Wall Street derivative
Done twice might get people thru this administration.
Mine are nearly paid off now
It’s dirt cheap for citizens and residents, though (by comparison).
Back when I graduated undergrad, I had $19k in loans. The interest then was 8% for the first two years and 10% after that. Everyone consolidated at 8% to avoid the increase, but then when rates dropped a lot, we couldn't consolidate again. I defaulted back then (cont)
Basically they hate college educated people bc they tend to vote Democratic.
13 million is a lot of people to start pushing back.
A lot of folks paying off college debt also have credit card debt.
I picked a lousy four years to quit doomscrolling.
So wall street took a page out of the fraud closure Banksters handbook ?
I don’t fully understand why a college education has gotten so expensive - regardless of who is paying the bill.
Even in-state UO (Ducks) tution is much higher today. So, the "average" (i.e., not wealthy) grad routinely struggles without IDR.
I wanted to go back to college in the late '90s and couldn't afford 6 semester hrs.
It's only gotten more expensive since.
My sister said she wanted to go back to school. The University of Pheonix pressured her constantly and told her she could get student loans. Before she signed, she called me. The same classes were offered at her local college at 1/8 the cost.
But you already know.
This is Trump's art of the deal. Blame anyone/everyone and never accept responsibility.
with
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Looks like we have some reading to do, team
What’s that going to do to the banks, and borrower. Follow the leader ! Declare bankruptcy!
The consequences of doing so I think are greater .
Again thank you for the insight.
This will HURT the loan payer's ability to get a job. Employers all look at credit scores these days.
They survive bankruptcy, on purpose!
They are made to be inescapable.
If you own anything, if you have money in a bank account, they will take it.
like the IRS.
Many of us have been kept out of the housing market due to a combination of skyrocketing hone prices / interest rates + student loan balances that negatively affect our credit scores, debt-to-income ratios, and ability to save for a down payment.
Many of the grant programs have income limits, shutting out huge swaths of middle class borrowers who earn too much to qualify for them but not enough for the traditional 20% down payment.
The market is another factor I agree, that’s why many stay put. I was 30+ before I even thought about buying.
Just because you, personally, were able to do both that doesn’t mean it’s possible for everyone… and it’s insulting to make that assumption.
Stream “The Weekend” on MSNBC 3/23/25. So much information. @theweekendmsnbc.bsky.social @michaelsteele.bsky.social @aliciamenendez.bsky.social @symonedsanders.bsky.social
Can't they die and decrease the surplus population?
https://www.axios.com/2025/03/21/trump-student-loans-education-department
The exploding payments will result in a huge increase in defaults on other loans; hurting the economy.
Since student loans cannot be written off in bankruptcy, the government will garnish income.
Of course if they stop SS, it would be hard to garnish it. sigh
https://www.project2025.observer/?agencies=Dept.+of+Education
AND NO ONE READ IT!!!
https://finance.yahoo.com/news/with-income-driven-repayment-plans-paused-the-student-loan-program-is-in-chaos-215347295.html
But “Small Business Admn to take over” - with 40% cuts in staff? Hmm..
More cuts coming to the IRS, and how many agency leaders already resigned?
With, um.. oh, COMPLIANCE resigning next??
Tremendous plans #NoRegerts
But it’s not a new one 6 student loan fiasco discovered by US Dept ED researcher & whistleblower Jon Oberg, from the U.S. Department of Education . Incl. SD, NE, TX, AZ. Defendants ,
Another scandal is Wellsfargo $3.1 million, & 2017 Navient 300 million student loans fiasco
not uncommon
They want to fight the establishment and they don’t care who it is. That’s why Trump does so good. MAGA has been stealing Dems talking points since ‘11
When I point out it doesn’t exist they don’t care. Nothing will convince them there isn’t a giant funnel of poor and/or illegals taking everything.
LOL
Reason and facts don’t work.
They're totally committed to their reality.
Like football or basketball or baseball to the majority of MAGA. UFC MMA etc. Their team is winning. It’s as simple as that.
This is why MAGA has made a point to go to sports games for years now. And take the press.
What is that called? A version of Stockholm syndrome?
REPOST
💙 Show up!
💙 Make signs!
💙 Bring friends!
💙 Alert local media!
💙 And keep up the boycotts!
They declared war on the middle-class, but it may be too early in their planning for something so obviously bad.
Please watch the YT video at the link.
https://bsky.app/profile/phoenixg75.bsky.social/post/3lkttogjgok2e
Appreciate the link, but I avoid YT for politics on general principle. After seeing what it did to my now maga friends…
I don’t think they’ll use Easter for that step though (based on title).
I think they’ll be more subtle in taking our freedoms, for as long as they can avoid open opposition.
Side note - using cash for as many purchases as possible is nice, quiet form of protest that also helps your neighborhood shopkeeps.
Even if I change they will have it.
No payroll to garnish AND your company can deduct expenses employees are disallowed.
(This is definitely NOT tax advice, 😂😂😂)
1,000,000 seconds equals 11.57 DAYS
1,000,000,000 seconds equals 31.69 YEARS
Maybe billionaires like Cuban should be taxed at a different rate.
I think he will still be able to make rent and 4 new tires at the same time.
If the issue is with her loan payments she cannot enjoy her desired lifestyle, she will have to adjust her lifestyle.
Many have done just that.
The contract should be enforced as agreed to.
Do you disagree?
This is a matter of illusion. They want us to see some resemblence of them doing as they campaigned.
Student loans, are the low hanging friut. People of lower incomes have put off paying for years.
And, to avoid the 20% down (and PMI) many took home equity loans (a purchase second mortgage) at 89.99% of value.
This collapse could be BIG!!!
Removing that, is just cruel.
⬆️ a payment overnight by $1K with 0️⃣ notice is not ok.
What happens if she just doesn't pay?
It's almost like a Project 2025 plan...
I'm thinking more like anon or 4chan
and it will effect them for the rest of their lives.
My Public Service Loan Forgiveness also got placed into “denied” and “pending” statuses. State government employee for almost 10 years. I would never have known if I didn’t check because I was paranoid. No notices sent.
a lot of Americans are in the same canoe.