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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

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[-] Norin@lemmy.world 41 points 1 week ago

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.

[-] Melatonin@lemmy.dbzer0.com 15 points 1 week ago* (last edited 1 week ago)

I mean hell, it can't be helped. The colleges charged whatever because the government guaranteed the loans.

The banks approved the loans without any real credit check because the government guaranteed the loans.

People accepted the loans because they weren't counted against your credit rating and the repayment terms were incredibly flexible.

Now all that shit's out the window and hell's about to break loose.

  • Colleges will shut down
  • Banks will be insolvent.
  • people will lose their life savings and their retirements.

This shit is getting very real.

[-] digdilem@lemmy.ml 14 points 1 week ago

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.

[-] Bakkoda@sh.itjust.works 4 points 1 week ago* (last edited 1 week ago)

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.

this post was submitted on 26 Mar 2025
131 points (95.8% liked)

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