A Boring Dystopia

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Millennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’ (fortune.com)

submitted 1 day ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] MetaCubed@lemmy.world 2 points 5 hours ago

Try again. It's the 4th paragraph.

Last month, a federal judge blocked the Biden administration-era SAVE plan, an income-driven student loan replacement program with 8 million borrowers, claiming it lacked the authority to forgive millions of dollars in debt. In response, the Trump administration paused all applications for income-driven repayment plans and online loan consolidation, leaving some borrowers in limbo struggling to make ends meet.