this post was submitted on 30 Jun 2023
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United States | News & Politics

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[–] bdonvr@thelemmy.club 9 points 1 year ago (1 children)

When payments resume shit's gonna get ugly

[–] adude007@lemmy.ml 9 points 1 year ago (1 children)

Yes it is. And those who didn’t make payments or weren’t able to during the pause just extended their debt slavery by 3 years.

It’s outrageous that loans that cannot be discharged have such high interest rates.

It’s outrageous that the something that benefits us all must be taken on by those willing to step up and learn.

[–] andyquest@vlemmy.net 0 points 1 year ago (1 children)

Well at least we saved a massive amount with inflation, better to pay it now 4 years later after having it at 0 interest than 4 years ago when money was worth more

[–] Tak@lemmy.ml 1 points 1 year ago

If the inflation translates to wages but I've yet to see that happen.

[–] Broncos_Fan@lemmy.one 7 points 1 year ago

When I got engaged to my wife and we were going over our finances, her student loans blew my mind. The way they set up her payments, more than half of her loans were growing despite making monthly payments. The freaking interest was higher than she paid in every month.

[–] Broncos_Fan@lemmy.one 6 points 1 year ago

What a fucking joke.

[–] thoro@lemmy.ml 5 points 1 year ago* (last edited 1 year ago)
[–] matt@infosec.pub 4 points 1 year ago

I mean, fuck Reagan -- he's the reason why we're in this mess in the first place.

https://theintercept.com/2022/08/25/student-loans-debt-reagan/

[–] ProcurementCat@feddit.de 4 points 1 year ago (1 children)

Congratulations, Americans. You really showed how much you dislike Hillary Clinton. Have fun with the hellhole you created for yourself. Let me guess, you will vote Republican next year because Democrats didn't do "enough".

[–] milo_bytes@pawb.social 7 points 1 year ago (1 children)

yeah, I bet the millions of Americans who voted Democrat and then had their votes functionally overturned by the archaic electoral college are just thrilled that student loan forgiveness was blocked

get a grip dude

[–] ProcurementCat@feddit.de 1 points 1 year ago

I'm talking about the dipshits who opposed Hillary Clinton, who told me how bad she'd be and all that stuff. I went all in for her in 2016 because I knew what was at stake. Not enough americans did that and that's how a 59.2% voter turnout gave us Trump, whereas in 2020, a 66.9% turnout prevented him.

[–] AbidingOhmsLaw@lemmy.ml 2 points 1 year ago (1 children)

Pay wall, can’t read the article :(

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