The roller coaster ride for borrowers enrolled in a key affordable repayment plan continues.
On Monday, the 8th Circuit directed a district court to approve Donald Trump’s proposed settlement with the state of Missouri to eliminate the SAVE student-loan repayment plan.
The plan has been embroiled in a legal back-and-forth for years. Most recently, a district court declined to rule on the proposed settlement, which some advocates and lawmakers saw as a win for borrowers and urged the Department of Education to carry out relief under SAVE.
However, the 8th Circuit’s ruling means that, once approved, the department will move forward with the settlement and require enrolled borrowers to transition to a new plan.
When criminals are in control of the law, there should be no “surprises” when the courts do what the criminals want.
Yet we’re dropping nearly $1,000,000,000 on a war we never should have started.
Oh, well i guess someone has to pay for it 🫠
I assume it’s similar for college, but investing in children’s education has a very high rate of return.
All of this money sunk into the war not only will never come back, but it also causes cascading costs from having shipping lines closed down, for example.
About a Billion a day over 3.7B in 3.5days.
bro add 3 zeroes to that. 1 billion is barely a fraction of our budget for killing brown people
All those loan companies deserve to erase all debt and pay the borrowers an additional amount so they end up with an entire loan amount to their credit.
Going back for like 40 or so years.
Whoever thought of the concept of making borrowing money profitable has pure capitalism flowing through their veins and they need to suffer.
Getting richer just from being rich is such a sickening thought.
They’ve gotten away with it and they only deserve to be homeless, cardboard box and all.
Should, but they’ll die comfortably surrounded by luxury like all the rest of the rich class.
About the other comment I wrote (that seems to be erased but not by me), my problem is that Biden wasn’t LEFT leaving enough. MAGAts hate him because he wasn’t RIGHT leaning enough.
And I never heard that SC was the one blocking that measure. Just like not many people in the US knows who judge Marchena¹ is.
¹ from Spain.
PEDOnald wants you to be unable to vote and unable to get out of debt. What a peach of a “president”.
What if we all just refuse to pay? We have rent strikes, labor strikes, let’s do a loan strike. Fuck this shit. Can’t use the degree anyways because AI is fucking up the tech space.
Federal debt is subject to wage garnishment. They can just take it out of your paycheck if you don’t pay
I’ve been suggesting a debt strike for a long time and nobody ever thinks it’s a good idea.
It’s a good idea but it needs broad support. Like physical strikes, they have tools of oppression at the ready - your credit score will tank meaning among other things your ability to get housing is affected. That’s a pretty serious, heavy threat. Millions of people need to join in this for the system to be overwhelmed enough. So start talking about it more, IRL too.
People like the idea they just don’t think it’s realistic, which is paradoxically true only because they all think that way.
What if we lived debt free in the first place?
way ahead of you, compadre
They do hate an educated population.
But they love the poorly-educated.
They live no thing but the growth of their own bank account
They love poors and rubes the same way they love children; they love fucking them and destroy their lives.
Wasn’t it easier to pay all those debts, Biden?
What is this even supposed to mean? He literally tried forgiving ALL of this and was stopped by the Supreme Court
Nope, the Supremely Corrupt Court says the President can do anything except actually help people.
Sorry you’re confused
You should be mad at the aggressor who is actively fucking people right now, that’s who sucks
I think they may be trying to snipe at t loans not being outright forgiven, ignoring that it was tried to some extent and kept getting shot down by various entities.
Came to the comments to see people criticizing Biden for this. Was not disappointed.
Murc’s Law in action.
Almost. Every. Fucking. Time.
