No loans, but still absolute dread. I suspect a lot of people are going to die preventably in the next 4-12 years.
this post was submitted on 18 Jan 2025
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Maybe that will take your mind off of all the additional problems Trump is going to create from global warming, nuclear weapons proliferation from the New World Disorder, fallout from Fascism, destruction of health department, and increase in national debt from huge tax cuts for the rich etc.
Don't worry, most of those deaths are no longer preventable at this point, maybe they were preventable 10 or 20 years ago, but we're past multiple points of no return now.
Diseases, definitely. But I'm also thinking of friends and allies who will be shot to death when we pull our support out of places like Ukraine and Taiwan, innocent people trying to make a better life for themselves drowning in the Rio Grande, or committing suicide due to being banned from healthcare when they require lifesaving medications they can no longer get. Not to mention climate-related weather that Trump will slow walk support for, or will make worse through industrial deregulation or weakening of FEMA and NOAA.
The picture looks grim for many going forward.
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.
What's "parent loans"?
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.
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.
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.
My biggest concern was my birth control being outlawed because that would have the biggest impact on my daily life, but I just got approved for a hysterectomy so that worry is gone. My surgeon told me that I won't have any trouble getting the procedure done and hinted that she knows how to play the system. I'm having the procedure in the summer, so I just gotta wait at this point. I'll get an exact date next week.
Now my biggest fear (other than me existing as a gay woman in a very red area) is that my student loan payments, even with the SAVE plan, will be too much for me to afford.
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"