this post was submitted on 18 Mar 2025
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[–] ugtug@lemm.ee 64 points 2 days ago (1 children)

During Trump's first term I was convinced that he would try to increase revenue from student loans, so I converted mine to a low interest private loan.

Sadly low interest private options are no longer available for those still stuck in the federal student loan system. The administration knows that low interest private loans are no longer an option, and has a captive market to extract revenue from.

Trump has been grooming his supporters to cheer actions taken against the educated. I hope this move alienates millennial and younger college educated Republicans and finally turns them against the administration.

[–] HawlSera@lemm.ee 5 points 1 day ago (1 children)
[–] tehn00bi@lemmy.world 2 points 1 day ago

Has a different meaning now.

[–] rxmc@lemmy.world 61 points 2 days ago (2 children)

Non-millenial here, also watching my payments skyrocket by 440%. Can't get loans with my excellent credit score because my debt to income ratio is super high. At this point it would cost me less to tank my credit, go into default, and be garnished since my credit score is meaningless anyway.

[–] Adulated_Aspersion@lemmy.world 59 points 2 days ago (3 children)

299.56% for me.

And the kicker is that in the 10 years that I have paid, my principal balance has not decreased at all.

Oh, and the real treat? Since the Federal injunction, I can't recertify my repayment information, which means I lost all progress towards loan forgiveness.

I am fucking livid.

[–] OutlierBlue@lemmy.ca 17 points 2 days ago (5 children)

When the game is that tilted against you, when do you just stop playing? You're literally getting nowhere playing by the rules.

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[–] P1nkman@lemmy.world 36 points 2 days ago (5 children)

Holy shit!! I won the birth lottery be being born in Norway, and I watch Last week tonight with John Oliver weekly, read the news about what's happening around the world, to be informed, listen to Behind the Bastards, Lemmy, local news etc., so I feel pretty informed. However, 440% increase? And the other commentary who's paid for 10 years with no decrease - what in the actual fuck??????

There are SO many property owners who could not keep their house with a 5% increase on their house loan (article from COVID years), and I remember reading about people going to the news complaining that they had to cancel one of their streaming services, and others who maybe had to sell ONE of their two cabins.

450%‽‽‽‽‽‽‽‽‽‽‽ Why have people not revolted? How can you still be complacent? I'm so sorry to hear about this happening.

[–] bishbosh@lemm.ee 31 points 2 days ago (1 children)

Why have people not revolted?

Our cops will fucking kill us

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[–] OsrsNeedsF2P@lemmy.ml 32 points 2 days ago (38 children)

How bad will it get before people start emigrating?

[–] explodicle@sh.itjust.works 40 points 2 days ago (1 children)
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[–] magic_smoke@lemmy.blahaj.zone 78 points 2 days ago (5 children)

I hate to say this but fucking good. Throwing random people in Gitmo wasn't enough to piss the people off to do anything, because the only thing that would be enough is when they fuck with everyone's money.

I hate the "fuck you I got mine" attitude so fucking much.

[–] morrowind@lemmy.ml 21 points 2 days ago (1 children)

Millennials were already against Trump. They were and remain the most liberal generation alive

[–] conditional_soup@lemm.ee 26 points 2 days ago (3 children)

It kills me that we lost Gen Z to fucking streamers.

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[–] ArchmageAzor@lemmy.world 37 points 2 days ago (2 children)

Educated people don't support the regime.

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[–] ansiz@lemmy.world 12 points 2 days ago

It's messed up how low my federal student loan interest rates were. I was paying my loans off in the early 2000s and I swear my interest was only like 2%!

[–] OldManBOMBIN@lemmy.world 24 points 2 days ago

Damn too bad I ain't paying shit

[–] gnomesaiyan@lemmy.world 22 points 2 days ago

Can't get blood from a stone.

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