The Biden backed bankruptcy bill removed bankruptcy protection for student loans unlike other forms of private credit. If this was not changed banks wouldn't be offering student loans like crazy.
The same thing that happened with the mortgage crisis is going to happen again.
Think harder. Media will begun normalizing socialist programs. You will see plenty of articles normalizing paying off student loans, stacking court, mass immigration etc.
I was really grateful about the pause on student loan payments. I got to focus on building up my emergency fund and now I'm about to knock out one loan following the snowball method. My debt is low and it's less than a third of my gross yearly income so I'm hoping those who have real issues with student debt were able to do something about reducing the principal.
Oh no, we have to pay back money we borrowed.. dipshit students spent $100,000 on a gender studies degree and can't get a job paying more than starbucks.
I'm being forced to drop out because universities refuse to reopen. After not being enrolled for a certain period, degree or not, debt collection begins because I'm considered not a student. So, I am forced to either take online classes, take out more loans to pay for them, and fail because I don't learn that way (which is why I did NOT originally sign up for an online college), all just to maintain "student status." OR I do what I did. I chose to wait to enroll in the hopes that classes would reopen like normal, I wouldn't have the scar of another failed online class on my transcript, and I wouldn't have the extra wasted debt for a class that doesn't help me. Well, they didn't reopen.
I've been prematurely ejected from college through no fault of my own and I'm being told by people here on TD.win that I'm irresponsible and I deserve this and I'm a "dipshit" because of this loan situation? Most of the time I love this community, but to those in the comments here, seriously, fuck you.
I was a student employee and lost my job due to the lockdown and still can't get one (we're starting lockdown round 2 this week, so I won't for some time too). My loan will require me to start making payments before my state's economy is reopened (I should be IN CLASS). How am I supposed to do basic normal life stuff if my state refuses to do basic normal life stuff?
I had planned for repayment based on FINISHING my degree first, not a vindictive governor suddenly disappearing my classes and job into the void. We need SOMETHING that forces the states COMPLETELY open again. This is ridiculous. All of it.
If I don't have the money to repay the debt right now (because I wasn't supposed to quit school yet! And collections is just WAITING to come for me), then how would I get the money to move to another state and HOPE they don't lock down too and HOPE I can get a job there to pay for this? It's not like low-skill jobs ship in people from other states like they would for a branch manager or something.
I'm stuck here at the end of a dead end road. There's nothing. No future for me. And people are mocking this situation like I brought it on myself.
Get over it. Sign up for online classes and adapt. You have complete control over how you learn, and I promise you that you could teach yourself study strategies that would allow you to learn for whatever degree you are in. Besides, they are grading pretty leniently due to covid. It might not be your best learning, but you could at least get your degree.
Dropping out is a quitter move. As Donald Trump says, "Quitters never win and winners never quit."
Your state sounds like it sucks... I passed on several top colleges because they were located in shitty states.
You should always have a savings fund saved up for emergencies. Dropping out sounds like a lose lose situation.
The answer to student loan crisis: Get the fucking government out of student loans.
The Biden backed bankruptcy bill removed bankruptcy protection for student loans unlike other forms of private credit. If this was not changed banks wouldn't be offering student loans like crazy.
The same thing that happened with the mortgage crisis is going to happen again.
It always is.
And, it’s tied to obamacare. It’s written into the law.
Think harder. Media will begun normalizing socialist programs. You will see plenty of articles normalizing paying off student loans, stacking court, mass immigration etc.
I was really grateful about the pause on student loan payments. I got to focus on building up my emergency fund and now I'm about to knock out one loan following the snowball method. My debt is low and it's less than a third of my gross yearly income so I'm hoping those who have real issues with student debt were able to do something about reducing the principal.
No one is forced to take out a student loan.
No one was forced to stop paying it during the pandemic when Trump gave them relief.
Now, adulthood will set back in to this infantalized nation.
Oh no, we have to pay back money we borrowed.. dipshit students spent $100,000 on a gender studies degree and can't get a job paying more than starbucks.
Sounds like they were lucky to get it in the first place. It isn't "Trump's cliff" for fuck's sake.
I'm being forced to drop out because universities refuse to reopen. After not being enrolled for a certain period, degree or not, debt collection begins because I'm considered not a student. So, I am forced to either take online classes, take out more loans to pay for them, and fail because I don't learn that way (which is why I did NOT originally sign up for an online college), all just to maintain "student status." OR I do what I did. I chose to wait to enroll in the hopes that classes would reopen like normal, I wouldn't have the scar of another failed online class on my transcript, and I wouldn't have the extra wasted debt for a class that doesn't help me. Well, they didn't reopen.
I've been prematurely ejected from college through no fault of my own and I'm being told by people here on TD.win that I'm irresponsible and I deserve this and I'm a "dipshit" because of this loan situation? Most of the time I love this community, but to those in the comments here, seriously, fuck you.
I was a student employee and lost my job due to the lockdown and still can't get one (we're starting lockdown round 2 this week, so I won't for some time too). My loan will require me to start making payments before my state's economy is reopened (I should be IN CLASS). How am I supposed to do basic normal life stuff if my state refuses to do basic normal life stuff?
I had planned for repayment based on FINISHING my degree first, not a vindictive governor suddenly disappearing my classes and job into the void. We need SOMETHING that forces the states COMPLETELY open again. This is ridiculous. All of it.
If I don't have the money to repay the debt right now (because I wasn't supposed to quit school yet! And collections is just WAITING to come for me), then how would I get the money to move to another state and HOPE they don't lock down too and HOPE I can get a job there to pay for this? It's not like low-skill jobs ship in people from other states like they would for a branch manager or something.
I'm stuck here at the end of a dead end road. There's nothing. No future for me. And people are mocking this situation like I brought it on myself.
Get over it. Sign up for online classes and adapt. You have complete control over how you learn, and I promise you that you could teach yourself study strategies that would allow you to learn for whatever degree you are in. Besides, they are grading pretty leniently due to covid. It might not be your best learning, but you could at least get your degree.
Dropping out is a quitter move. As Donald Trump says, "Quitters never win and winners never quit."
Your state sounds like it sucks... I passed on several top colleges because they were located in shitty states.
You should always have a savings fund saved up for emergencies. Dropping out sounds like a lose lose situation.