• Kadaj21@lemmy.world
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    4 months ago

    All I know is that if IDR is killed off, I’ll have to go into bankruptcy as i don’t have enough for groceries for my family as is. I know the likelihood of getting the stident debt is next to impossible, but i might be able to afford that payment if my cc debt is killed off ($40k) but would still have mortgage, car payment, roof loan payment, and my private student loans as well. I’m just pretty much tapped out. Probably worth more dead than alive, though I’m the bread winner.

    • Flying Squid@lemmy.world
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      4 months ago

      There will be a lot of bankruptcies and I can’t see how that benefits the corporations that are expecting loan repayments. It seems like they lose either way, so maybe we should have let them lose without fucking over so many other people.

      • esc27@lemmy.world
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        4 months ago

        I sort of hope that happens because then people like me would go in and buy

        Quote from a certain U.S. politician on real estate crashes…

  • Capt. Wolf@lemmy.world
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    4 months ago

    I’m so sick of our financial wellbeing being a pawn for these political asshats to play with…

    My loan repayment period was supposed to end in June of this year as part of the service workers repayment plan. I wasn’t even on the SAVE plan and my account has been put into some sort of weird limbo because of all this stupid garbage. My servicer won’t even touch my account. They just keep extending the forbearance on it every time a new judge steps in.

    Now Trump’s gonna step in yet again and fuck us all even more…

  • Clinicallydepressedpoochie@lemmy.world
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    4 months ago

    You all missed, this forgiveness was tied to the restarting of loan collection. It was meant to soften the blow because amid the crazy inflation biden was forcing people to pay on loans. Of course it didn’t go through, no one in government actually gave a shit. It was just a distraction to avoid the fallout from the big shit sandwich he was serving up.

    I hate the direction the world is going but I’m not going to miss biden, that’s for sure.

  • a9cx34udP4ZZ0@lemmy.world
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    4 months ago

    “The guy who is no longer in power stops doing the thing he promised to do while in power and can no longer do even if he wanted to. News at 11.”

    Also: OMG why is the other guy doing the thing he promised he’d do if he got into power??? I thought he was “just saying things”???

  • Tygr@lemmy.world
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    4 months ago

    My kids were hyper aware out of high school of the burden of student loan debt and refused to sign on any federal loans. I’m proud they graduated college without debt… they did it sacrificing party time with work time, but they are financially better off because of it.

    So many kids now have learned that signing paperwork can mean financial ruin that can’t be bankrupted.

    That’s a good thing.