Can someone please help me understand the reason? What action has Trump (or anyone) hinted at that will resolve around student loans, and how would paying them off early help with what they were saying?
Republicans in general are, as I would put it, in the pockets of banks, and someone more sympathetic to them would put it, “fiscally responsible.” (An epithet I consider risible, but anyway…)
They have vocally and legally and through the legislature opposed and prevented, rolled back and increased the requirements to forgive student loans. A sympathetic person to their cause would say this is a moral choice because you should “repay what you owe,” me, I don’t buy that and would argue they get lots of donations from big banks to keep their cash cow alive.
Due to them being so ideologically opposed to so-called “debt forgiveness” (a misnomer to me as you can have paid back your loan multiplicatively but still be charged for it for the rest of your life due to interest and fees) makes people worry they will continue that beyond simply annuling Biden’s administration’s efforts and further push it to roll back decades-old protections and programmes.
Why? Well, as mentioned, a sympathetic viewer might call it “The right thing to do” if you believe that, say, if someone takes out loans to become a teacher, and there is a forgiveness programme that says if you teach for 10 years, teaching is so valuable and so understaffed that as a reward they’ll forgive your loans, and you believe that is an unconsciable burden on the financial institutions that service the loans, and They Should Have Thought About That before taking up their profession- then you would take steps to eliminate such a program and ensure that those rascally teachers pay back their full debt that is owed, plus interest and fees.
Would that negatively affect education? Yes, but there are many (many!) people who believe that is an unfortunate but necessary side effect.
“But that sounds illogicial”
Within living memory we had the red scare, the lavender/pink scare, Jim Crow and segregation. All of which were considered legal and “moral” (by some) at the time.
Got it. So the thought is “pay it off so I can say it’s done, so that if they try to roll back already executed forgiveness it shouldn’t hit me”.
on a personal level, yes, but also there is such a thing as considering other people too.
edit: didn’t mean to sound snarky, just saying that there are other reasons to oppose this than “it affects me personally”
No. If you don’t get it at this point, it’s intentional on your part. We’re done holding your devious little hands on everything.
Newsflash. It was a genuine question. I’ve been following most of the dumbass and illogical things republicans have been pushing for but I can’t stay on top of everything, so I was trying to get context on this one.
No loans, but still absolute dread. I suspect a lot of people are going to die preventably in the next 4-12 years.
You guys are acting like Trump is going to be driving around in a tank gunning down people that didn’t vote for him.
By and large your life will not change much day-to-day. The worst thing you can do is give energy to something you cannot control. You voted and it doesn’t work out. Now you focus on your daily happiness and don’t try to let the big picture drag you down. There not much you can do about it anyway. May as well invest that energy into having something positive instead of dread.
This ideology is like “First they came for ____, and I did not speak out because I was not ____” without realizing why that’s bad
If you can make actionable change by all means spend that energy. But letting something you cannot do anything about ruin your daily life is just stupid.
You cant change what the Trump administration is going to do by crying about it on the Internet. You CAN choose how you want to spend that energy every day though. Spend it on the little things that make your life and others better. Put it towards charitable work or combatting things going wrong locally. Don’t just wallow in sadness on the Internet daily.
son, you must have fallen down and hit your head, and missed the last go around from 2016 to 2020 when over One Million Fucking Americans died, bad, from a sandbagged and purposefully inept Trump led Federal Global Pandemic response, that saw The United States post higher numbers per capita of infections, hospitalizations, and death that any other countries in the world besides Russia, North Korea, and China. You aren’t confusing any of the rest of us who lived through that horrorshow, and know he’s going to make those numbers seem insignificant this time around. Go away. You’re a trash troll.
But it’s ok because he selected companies run by his chronies to handle distribution, netting them billions of dollars in government awards. Surely we won’t see that this time around?!
/s
Pretty sure that’s an exaggeration. I get your point, but I don’t think we were behind Brazil on how we handled it.
What does obsessing over it every day and complaining on the Internet constantly do though? It not like Trump and his goons are gonna see all the comments y’all are making and suddenly change their minds. If there is something tangible you can do to make change absolutely do it, but letting it ruin your daily life is just letting them win.
Y’all do whatever you want. Your choice how you spend your energy.
One of the most impactful forms of activism is education. Talking about issues, putting effort towards things that we might not necessarily be able to directly impact, is how we garner new ideas from other perspectives.
You’re such an odd specimen.
- logs on to discussion platform
- “Wut y’all discussin’ on here fer?!”
- ?
Yeah I’m not worried about my life. I’m cis, white, earning, married.
I’m worried about other people who are the scapegoats of the incoming admin
I am worried some medicine will be scarce; which can easily happen if there are enough trade disputes and tariffs.
That will cause more suffering than anything else.
And it’s easy to put a lot more stress on health care providers by having bad people run the major agencies. Between the lack of medical supplies and a war on vaccines, and health care bring stressed : there would be millions of preventable deaths over years
If your worry doesn’t result in action then it’s just doing you harm.
As someone who belongs to several minority and marginalized groups and relies on benefits and support to be able to live, yes my life will change day to day. You’re either very self centered and feeling like you’re part of the “in group” or just uninformed. It’s not unreasonable to think that my life could be totally upended for reasons completely out of my control by the end of the year. This is all completely ignoring the shift in the culture and the possibility of my blue state going red. Things are about to get bad for many people, very fast.
Presidents always choose people to die. He’s been a sick about disaster aid to states that didn’t vote for him and he’s made it very clear he’s going to be worse this time around. He and his morally decaying party have made it clear they’re okay with women dying instead of allowing them necessary healthcare. They’re number on priority is targeting the trans community. His cabinet is a bunch of exorbitantly rich people and it’s primed to give ore money to billionaires. His secretary of defense is a psychopath, and they’ve pro-Israel and anti-Ukraine. RFK wants to get rid of vaccines which could kill or seriously maim hundreds of thousands maybe more. I could probably go on but I’ll let you raise any point other than downplaying people’s legitimate fears.
I can’t believe you’re getting shit for effectively the Serenity Prayer.
Yeah idk. The mindset and mental health of the majority of this site are quite concerning to me. it is what it is I suppose.
What’s “parent loans”?
It’s just assumed we’re going to take loans out for our kids. To the tune of tens of thousands of dollars. Yeah, no, I can’t afford that shit either.
Specifically for college or what? I’d have classed that as student loans but then again I paid €300 for university so what do I know
They are student loans that the parents take out for their kids, yeah. Because they can’t lend kids enough foot their own bill.
When you sign up for college, loans for the student and parent are the default assumption. We had one kid so far go to college, two more didn’t, and two more are a few years away from that. We couldn’t afford 150k in debt (that’s nearly what my house cost!) to take out loans for all of them equally, so we had to tell them we wouldn’t help any of them.
What you paid for university is less than what my step-son, who recently graduated with a nursing degree, pays every month in student loans, and a huge chunk of his college was paid by his dad’s military service.
I’m guessing loans the parents took out for the child
From reading a lot of AITA, those parents loans are on the parents to pay back not the student.
Obviously the student could help the parents pay it back if they make enough but there were many posts about parents who didn’t tell the kid about the loan then expect them to pay it back.
I’m fortunate. I worked two full-time jobs while going through full-time university. I got out with with minimal debt, which I paid off in about five years.
My sister’s fortunate, too. She had multiple degrees and a lot of student debt, but she died of covid. The loans that my mom co-signed for might have lived on after my sister’s death, except my mom died before my sister, so all her loans died with her. Student loan processors hate this one weird trick!
I really miss my family - yet at the same time, I’m really glad they’re not around to see what’s happened to the country.
My sister’s fortunate, too. She had multiple degrees and a lot of student debt, but she died of covid
I was not expecting that turn.
I believe you and I define the word fortunate differently.
Nope. I still have 20+K in loans and just turned 40.
Thrilled to be at this place as it was over 100K. I got suckered with private loans for college but it let me get out of an even worse place/situation so it’s still a win.
Still I have absolute dread for what is to come.
