*EDUCATION DEPT DELAYS STUDENT LOAN REPAYMENT GARNISHMENTS
*EDUCATION DEPT DELAYS STUDENT LOAN REPAYMENT GARNISHMENTS
The "extended graduated repayment plan" is somehow a lower monthly payment *and* also ends sooner, compared to the standard repayment plan which both costs more per month and lasts 3 years longer? 🤔
The "extended graduated repayment plan" is somehow a lower monthly payment *and* also ends sooner, compared to the standard repayment plan which both costs more per month and lasts 3 years longer? 🤔
So what's the Trump Administration doing?
Ending the most affordable repayment plan for student loan borrowers in history.
So what's the Trump Administration doing?
Ending the most affordable repayment plan for student loan borrowers in history.
Ridiculous plan to align repayment threshold with minimum wage.
Graduates pay tax+repayment at marginal rate of 37%, higher than capital gains tax rate for the super rich.
Abolish uni fees. Write-off debt.
Ridiculous plan to align repayment threshold with minimum wage.
Graduates pay tax+repayment at marginal rate of 37%, higher than capital gains tax rate for the super rich.
Abolish uni fees. Write-off debt.
Bluesky will always be free to use — we believe that information and conversation should be easily accessible. (We won’t uprank paid accounts.)
www.nytimes.com/2025/02/28/b...
www.nytimes.com/2025/02/28/b...
(via @kutnews.bsky.social)
(via @kutnews.bsky.social)
Firing workers who resolve repayment issues
Rejecting or not processing millions of affordable repayment applications
Weakening protections for scammed borrowers
Refusing to process debt relief for students with disabilities
Firing workers who resolve repayment issues
Rejecting or not processing millions of affordable repayment applications
Weakening protections for scammed borrowers
Refusing to process debt relief for students with disabilities
- Gut affordable student loan repayment plans
- Roll back protections for students with disabilities
- Weaken accountability for shady for-profit colleges
I’m fighting back.
- Gut affordable student loan repayment plans
- Roll back protections for students with disabilities
- Weaken accountability for shady for-profit colleges
I’m fighting back.
All income goes to debt repayment and interest payments.
Revenue for 5 months — 1.650 trillion rubles
Debt repayment — 0.450 trillion
Service costs — 1.112 trillion
Remainder — 0.087 trillion
All income goes to debt repayment and interest payments.
Revenue for 5 months — 1.650 trillion rubles
Debt repayment — 0.450 trillion
Service costs — 1.112 trillion
Remainder — 0.087 trillion