If you are currently needing help OF ANY KIND on your student loans it just isn’t available. You have no option but to default. This is an intentional situation created by the current administration.
WHY? What purpose does this serve? What possible use could it be to ANYONE, conservative, liberal, communist, or fascist to have people in this situation? Could someone please explain what is happening?
I know I’ll get a lot of “They just like hurting people” or “They’re just bastards” and that sort of thing, but surely, they must care about their “legacy?” Burning down the country isn’t what anyone should look for on a resume.
What the hell is going on? What’s the end game?
UGH. Just found this…
Palingenetic ultranationalism
Palingenetic ultranationalism is a definition of “true fascism” proposed by political theorist Roger Griffin. The phrase was first coined by Griffin in his 1991 book The Nature of Fascism. A key element is the belief that fascism can be defined by what Griffin posits in his book to be the true core myth of fascism, namely that of the need for a social revolution to occur first before a “national rebirth”, palingenesis, could then take place. Griffin argues that the unique synthesis of palingenesis, populism and ultranationalism differentiates fascism from para-fascism and other authoritarian, nationalist ideologies. He asserts that this is the “fascist minimum” without which, according to his definition, there can be no “true fascism”. Griffin himself describes fascism as a political philosophy built on the “perverse mythic logic” of destruction, which the fascist believes will then be followed by some form of political rebirth. https://en.wikipedia.org/wiki/Palingenetic_ultranationalism
Crash the economy, buy up the scraps and do feudalism.
Basically what you said: those with the means get a fire sale during market crashes. So even if it isn’t the intention of the policies (unlikely) its still what will happen. And the rest of us (super majority) are worse off, more desperate, and will probably work for less pay.
We have to remember that the people making these decisions have no idea what life is like for a poor person. The kinds of payments that would ruin my life and yours are nothing to them.
So, they think we have the ability to afford these payments because they’re damned fools. They don’t expect mass defaults.
I think they’re wrong about that.
he people making these decisions have no idea what life is like for a poor person.
It’s worse than that, they actively despise anyone who isn’t at least a millionaire.
They’ve been very blatant about that, and it reflects every single action they’ve taken since getting office.
They don’t think about if people can or can’t. They genuinely do not care. It’s such a small amount to the people making the decisions that no further thought occurs.
Biden wanted to help students, and that’s enough for the Orange Führer to want to see them suffer. It’s really as simple as that, the cruelty really is the point
That and a sprinkle of Ayn Rand bullshit: If I fuck you over its your fault for being somehow inferior.
Lol
Imagine if they introduced a law, that if you had defaulted on your student loans, you were not able to get a passport.
That would reduce the number of highly skilled people leaving the country if it got really shit.Skilled, intelligent people are a very, very hot commodity.
All it’d take is for a free country to offer some “workaround”, maybe just based on a few documents, etc…
They don’t care about their legacy, they don’t care about anything other than themselves.
I hear you, but what if maybe, I know this is crazy, the government only took from the people but didn’t actually provide any services to them. It could be soooo profitable!
Maybe their goal is https://en.wikipedia.org/wiki/Debt_bondage.
Nobody wants Trump as their findom.
Considering the way MAGA voters act …
Not only is no help available, but the Dept of Ed has been pestering borrowers to re-certify their Income-Driven Repayment plan, since Biden’s SAVE plan is blocked by the courts leaving the shitty IDR as the only option for those who can’t afford their full payments (most people, I’d assume). But if you go to the page where you do the recertification, you’ll find that the forms have all been taken down.
It’s purposeful, to cause the maximum amount of pain to the most number of people who are the least likely to be able to handle it. I think a lot of them actually do want to burn it all down, and screw all the people who are harmed in the process. That’s what they want their legacy to be. They don’t want people who aren’t already wealthy to benefit from education.
To place as many people as possible in bankruptcy
But BANKRUPTCY DOESN’T FIX IT. Biden gave us that.
https://www.theguardian.com/us-news/2019/dec/02/joe-biden-student-loan-debt-2005-act-2020