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submitted 5 months ago by RION@hexbear.net to c/news@hexbear.net

While everyone was focused on the BBB and its implications for student loans they just go ahead and do this.

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[-] Runcible@hexbear.net 16 points 5 months ago

what happens if people just don't pay their student loans at this point? Is there some sort of collection/enforcement arm? Does the federal government start garnishing your paychecks?

[-] fox@hexbear.net 24 points 5 months ago

You legally can't default and they'll start garnishing your paycheck while tanking your credit

[-] NephewAlphaBravo@hexbear.net 21 points 5 months ago
[-] XxFemboy_Stalin_420_69xX@hexbear.net 19 points 5 months ago

most progressive president since FDR!

[-] goferking0@lemmy.sdf.org 1 points 5 months ago

he did everything he could do forgiveness!...

[-] Runcible@hexbear.net 1 points 5 months ago

I did know about Biden's contribution to making it inescapable, just had never confronted the "what if no one pays" portion

[-] kristina@hexbear.net 13 points 5 months ago

Flee the country moment

[-] shath@hexbear.net 17 points 5 months ago
[-] InevitableSwing@hexbear.net 8 points 5 months ago* (last edited 5 months ago)

garnish

I learned the unhappy meaning of that word from Fletch (1985).

Ninja edit. Google/Youtube are no fun at all.

[-] RION@hexbear.net 11 points 5 months ago

Yes, there was a moratorium on the enforcement that was paused until recently

[-] ChestRockwell@hexbear.net 10 points 5 months ago

Really hoping the debt collective has plans for this

[-] SevenSkalls@hexbear.net 9 points 5 months ago* (last edited 5 months ago)

Quick! Let's do all the horrible shit we can as soon as we can so people forget by the midterms!

[-] Elysium@hexbear.net 10 points 5 months ago

Something tells me the people forced to pay several hundred dollars per month for... the rest of their lives... won't be forgetting this one anytime soon

Unfortunately there is no alternative for them, so, you know... just everyday life in the sundowning empire

this post was submitted on 10 Jul 2025
49 points (100.0% liked)

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