>>1468686
"It will coincide with the increase in health care costs for many of these defaulted borrowers," she said, referring to the premium increases for Affordable Care Act health insurance that kick in in 2026. "The two will almost certainly put significant economic strain on low and middle income borrowers."

About 5.5 million borrowers are currently in default, according to a recent analysis of the latest federal student loan data published by the American Enterprise Institute (AEI), a public policy think tank.

Another 3.7 million are more than 270 days late on their payments and 2.7 million are in the early stages of delinquency.

"We've got about 12 million borrowers right now who are either delinquent on their loans or in default," Preston Cooper, who studies student loan policy at AEI, told NPR.

That's more than 1 in 4 federal student loan borrowers.

>>1468687
Brilliant. This will surely win over those independent voters Trump has been souring the past 6 months with his catastrophic economic failures.

Trumps Recession™ is full speed ahead!

>>1468688
I'm sorry, how does forcing people to pay back loans they defaulted on cause a recession?

>>1468694
Why would people who would have jobs to pay off their debt, but now can't because of the failed trump economy be happy with this?

Well it's a good thing there's no jobs anymore isn't it?

And the 30 year long Republican scheme to punish any peasants who dare try to rise above their station in life enters its final phase

>>1468695
Maybe I'll answer your question when you answer mine.

>>1468699
Perhaps don't take out loans you can't/won't pay back?

>>1468699
what? russian shills are trying to help republicunts turn the us into russia?

>>1468702
It's already there. They're trying to help make it worse than Russia. Make no mistake, the future of America isn't Russia, it's Zimbabwe.

>>1468701
Perhaps stop electing politicians who bend over backwards to protect predatory lenders who give 6 figure loans to unemployed teenagers?

>>1468704
Perhaps don't take out loans you can't/won't pay back? I know responsibility is a foreign concept to democrats, but it's not my fault you somehow got accepted into a university without figuring out how money works.

>>1468707
What are your thoughts on the hundreds of billions in PPP "loans" Trump handed out in 2020 then immediately forgave?

>>1468708
One of many mistakes that Trump made with COVID. What are your thoughts on Biden getting elected because he promised to forgive all student debt and then never did?

>>1468701
It's supposed to work that you take loans for college, get a degree, then that degree lands you a good job you can use to pay off those loans. It doesn't actually work like that, and nowadays it works like that even less.

>>1468709
>What are your thoughts on Biden getting elected because he promised to forgive all student debt and then never did?
He earnestly and repeatedly tried. What are your thoughts on Trump promising to drain the swamp?

>>1468710
So don't go to college for a useless degree?

>>1468711
He earnestly and repeatedly tried. How many goalposts are we going to move before we get back to the topic of individual financial responsibility and not taking out loans you can't pay back?

>>1468713
nta, but Trump taught me that defaulting on loans and taking them out planning to never repay them is a good thing.
What was your point again? Just paste whatever your handler emailed over instead of dripping it out and we'll just go over all your talking points at once.

>>1468714
Cute. Unfortunately (for you), Biden didn't absolve your debt like he promised. Now you owe what you owe - and since you couldn't be responsible enough to pay it off like an adult now the government has to do it for you. Don't complain. You signed the contract.
>b-but whatabouttrumpism x 1000

This has nothing to do with Trump and would have happened under Kamala. For those of you that don't know, the government makes money by giving these loans out. It makes a profit and that money itself funds the bloated DoE. They need that money back now

>>1468719
Why does the government need to make money? Can't they just print more out? What is the point of taxation?

>>1468712
>go to college to get a good job!
>(years latter)
>lol why'd you go to college you dumb idiot?

>>1468715
If you project harder maybe I'll owe something and have to pay back anything, but I think in the end you'll still be a terminally angry non-american shill and I'll still be a debtless American chad
What was your point again? All you seem to do is project and lie and cope

>>1468722
>takes out hundreds of thousands of dollars on a loan to go to college for a non-STEM field
>"Waaahh I shouldn't have to pay this back! It's not my fault nobody will hire my useless ass!"
Once again, somehow got into a university without learning how money works. Incredible.

>>1468727
STEM fields are fucked too. College loans are beyond predatory and go into debt slavery territory.

>take on hundreds of thousands of debt only for the people you elect to make me compete with the foreign labor market

>thread devolves into "but biden" and unironic loan shark pipul
grim board
>>1468719
Only good post itt.

>>1468700
See
>>1468722
and
>>1468728
If anything they've been betrayed by the system and shouldn't have to pay back the loans.

>>1468713
>He earnestly and repeatedly tried
Lol

>>1468736
>If anything they've been betrayed by the system and shouldn't have to pay back the loans.
>I should get free money without doing anything because I make terrible life decisions.
Yeah that's not how that works. But keep complaining about it and how horrible Trump is for making people pay back what they owe after defaulting.

>>1468740
Trump is horrible for making people pay back what was already forgiven debt, correct.

>>1468741
>what was already forgiven debt

>>1468740
>I took a loan under the promise it will get me a job
>You betrayed your part of the bargain by creating an economy where I can't get a job.
>So why should I continue to honor mine and pay back the loan?
Maybe don't be such a backstabbing weasel and victim blamer, but those are both textbook conservative traits.

>>1468744
>You betrayed your part of the bargain by creating an economy where I can't get a job.
The economy was going great until Biden fucked it up. Maybe don't vote for people because they keep promising you free shit? ... lol who am I kidding, you'll never learn.

>>1468746
>The economy was going great until trump fucked it up
Fixed
Now trump is making sure to twist the knife with this policy after stabbing everyone in the back again. But you're going to deflect.
All the students should just take a page out of trump and refuse to pay back their debt. It's only fair they get to live by the same standards.

>>1468742
Yes, already forgiven by executive order of the President.

>>1468746
How do you people rationalize that Biden fucked up the economy when Trump signed the checks that destroyed the economy in December of 2020? It never made any sense.

>>1468749
they're shills, if it made sense they wouldn't be paid to spam it 24/7

>>1468747
>The economy was going great until trump fucked it up
But that's wrong you fucking retard. And even if by some miracle you were correct about this it still wouldn't matter. I don't know what country you live in where you get to just forget all of your debts anytime the economy doesn't go according to your plans, but it definitely isn't America.

>>1468748
And which EO was that?

>>1468749
Look at where inflation spiked. Also look at all of Biden's EOs that attacked domestic oil production - a resource every civilization needs to survive - while we were recovering from COVID. Then compare Trump's first term economy to any of the four years under Biden, especially in 2018.

And then try to remember how you people tried to gaslight us into thinking the economy was going great under Biden as we're struggling to buy groceries, pay rent, or fill up our cars.

>>1468754
>Also look at all of Biden's EOs that attacked domestic oil production
>repeating this fucking meme
He shut down one pipeline and domestic oil production was effectively left untouched otherwise. You get shut down every time you bring up this debunked talking point.

>And then try to remember how you people tried to gaslight us into thinking the economy was going great under Biden as we're struggling to buy groceries, pay rent, or fill up our cars.
So what's happening right now as Trump literally says "A+++++ economy"? Motherfucker literally left everything out from the last inflation report other than cars and gas and tried to claim he "defeated inflation". Sit your ass down.

>>1468754
>we
LOL. you try way too hard esl shill

>>1468757
https://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/
>*Taps graph*
Also NTA, drunken faggot shill.

Heree'[s an idea: students will pay off their loans when Trump pays every single cent owed to those he refused to pay for various things.
If he doesn't pay off his debts: all of them, why should students? They should follow his example. Just ask those involved with the construction of that gold... I mean white elephant of a ballroom.

>>1468759
you're drinking on the job?

>>1468757
>He shut down one pipeline and domestic oil production was effectively left untouched otherwise.
LMAO seriously? Do I need to list the shit he did again?
>kills the Keystone XL project
>halts development in Alaska
>tries to halt in the Gulf of Mex - I mean America, until a judge slaps him
>halts new leases on public lands
>increased taxes, royalties and fees on production
>increased EPA restrictions
>bans oil trade with Russia (don't care why, he still did this)
>rejoins Paris agreement
>funneled money into green energy deals that went nowhere
>realized he fucked up, begs OPEC for more oil, they laugh at him, goes back to oil companies he promised to get rid of and begs them to produce now that gas is $5+ a gallon in exchange for walking back some of his EOs

>You get shut down every time you bring up this debunked talking point.
Talk about cope. You can't defend any of Biden's actions because they were all abysmal failures, just like him.

>So what's happening right now as Trump literally says "A+++++ economy"?
Still better than Biden's economy in 2022.
>Sit your ass down.
lol

>>1468761
TDS

>>1468765
>complaining about sanctions on russia
it's like you want to be called a faggot shill. do you really have a humiliation fetish? that's the only explanation i can think of, it's not like it's that hard to get a real job is it

>>1468768
>He only did one thing against oil!
>actually it was a long list of things (I just posted the main ones because I don't have all night to list the several ways Biden was a fuckup)

>>1468770
you can suck billionaire dick all day anon, that's literally your job. nobody is stopping you

>>1468761
Here's an even better idea: no. Fuck you, pay me.

>>1468771
Notice the lack of capitalization and punctuation... You must be one of these angry students in debt because nobody gives a fuck about your degree in gender studies.

>>1468771
but think of how sad they'll be when we're with our families and they're hoping for an update on this dead board.
Its Christmas, just let them rage against the libs a bit. It costs nothing and soothes their rotten brain.

>>1468773
shut up and suck that oligarch cock shill anon. this is the last attention you'll receive from me

>upset libs are having a bad Christmas because they can't buy the latest Madden now that they have to get a job to start paying back all their loans

>>1468772
What is Trump going to do, arrest the former students and force them to pick vegetables instead of deported Mexican farmers?
He will not be able to do that, as it would be slavery and as I must remind you the south lost the Civil War.

>>1468776
Imagine sitting with your family during christmas time and vigorously shitposting on your phone.

>>1468778
The ironic thing is he's probably a hindu.

>>1468759
Wow, looks like something really bad happened in 2020-2022. I wonder what that was? I mean, it's not like there was a global pandemic that shut down the whole world for months and had impacts on international trade and supply routes that still have ripple effects today, right?

>>1468782
He knows that he's just trolling. Ignoring everything bad Trump ever did is what he does here.

>>1468686
>still can't start that class war to justify martial law
lets raise their insurance premiums, while food doubles, and garnish wages while we have the highest unemployment rate since covid, and 1/4 of the population doesn't eat every day.
they are trying actually trying to starve people.

>>1468765
>Big Oil and Russian shill
That explains a lot.

Why do you dumb faggots keep replying to the guji rats on this board? Are you bots too?

>>1468786
The poorest people don't pay taxes so it's fine.

>>1468788
tbh I'd rather have this thread at the top of the catalog than the racebait stories posted by the /k/ refugees

>>1468754
It was trump's fault, you need to stop seething over the truth, it's not healthy.

>>1468772
Or an infinitely better idea: Trump pays students all the money he has. Fuck you Trump, pay them.

>>1468799
This, enforce the emoluments clause and seize everything trump has 'earned' during the presidency.
Easily a few hundred billion dollars to be given to the people.

>>1468782
Joe Biden was elected, as a king he declared that supply lines must be fucked up via executive order, and energy costs must rise.
His pandemic handling was awful in other words and disastrous.

>>1468844
don't forget about his son's penis

>>1468816
>the emoluments clause
But you don't even know what is, so how do your know it isn't already being enforced?

>>1468847
>Russian shill gas lighting at this hour.
Seize the unconstitutional money trump has and give it back to the people.

>>1468846
His brother's penis is the one oft forgotten

>>1468848
But you don't even know the first thing about it.

>>1468850
See
>>1468848

>>1468777
>What is Trump going to do
Read the OP.

>>1468787
>Biden only did one thing.
>Actually he did lots of things, like these
>SHILL!!!
Like clockwork on /news/.

>>1468797
>It was trump's fault,
Oh it was Trump's decision to fuck with oil in 2021? Why didn't you say so?

>>1468799
Yeah good luck with that. Not going to happen. You're going to pay back your debts whether you like it or not bitch.

Merry Christmas!

esl shill is clamoring for attention again

>>1468686
All of these fake 'Christians' who support this had their ass kicked last time by Jesus himself.

A good time to employ 'WWJD'?

>>1468853
>Still pushing the oil even after it was debunked in the thread to try to defend trump's terrible economic policies crashing the economy.
LOL

>>1468701
Yes, 18 year olds fully understand this when signing up for college. No, we still don't trust you with a beer for another four years.

>>1468858
>Still pushing the oil even after it was debunked in the thread
lol keep telling yourself that.

>>1468861
They're adults. Change the age of adulthood if it bothers you that much - and then we'll still get the same excuses.

>>1468862
>They're adults
Most of the time the decision to get student loans is made before that; you literally take the people who just became able to get loans and convince them with "oh you'll never get a job otherwise" to take out loans with an interest rate so absurd it takes decades to pay them off. It's beyond predatory and heads into outright scam when you consider what current college degrees are like, encouraging people to go into majors only for the job market they got them for to be non-existent by the time they graduate.

>>1468863
Then don't take out the loan. Get a job.
>b-but it's not the job I WANT!!!

esl shill is telling people to get a job now? the irony

>>1468864
>Guys it's the victim of the scam's fault for falling for the scam after we spent most of the teenage years selling them on the scam
You know why do we even bother prosecuting people for pyramid and ponzi schemes?

>>1468870
>I have to owe money now? SCAM!
I am so fucking DONE with democrats thinking they're entitled to free shit. Shut the fuck up and pay back your loans.

>>1468871
>DONE with democrats thinking they're entitled to free shit
Now give me my subsidized gas for my Faggot-150, yee ha!

>>1468871
What democrats?

>>1468871
are you ever going to be done being a shill? because you really should get a real job

>>1468871
This is literally a form of debt with with zero ability to discharge in bankruptcy that is pushed on every single teenager in the country. And what makes it an outright scam is the promise of it being the only way to have a career is rapidly becoming an outright fucking lie.

>>1468875
As said above, the reason they don't allow you to discharged it is because the government makes a profit off of it. It's a clear conflict of interest because the government itself is a predatory lender. That's why Democrats will never allow it

>>1468853
>thinks I'm a student
>thinks he can 'own' a lib in /news/
Good luck with that.
>midterms
You're going to pay from next year & beyond: and you'll only have the right to like it, bitch.
>Christmas
May you live in interesting times beyond tomorrow.

>>1468888
You're trying so hard, ESL shill.

>says the seething & projecting tryhard that is 1468891 & 1468853
I don't need to, with >>1468888
>8888
Things aren't looking good for rightard shills. They'll be living in interesting times from next year.

>>1468875
>that is pushed on every single teenager in the country.
>They made me take out that loan!
Again, dems have no concept of responsibility.

>>1468888
>quads
Based and "you're gonna pay what you owe" pilled.

>>1468862
Don't have too when it's there. Time to nationalize the oil industries if you're that worried about gas prices and want to keep them down.

>that which is pushed by every single cultist in the country
>they made me vote for that orange thing!
Again, Repubs have no concept of responsibility.

>>1468917
>Time to nationalize the oil industries
lmao this again?

>>1468917
>Just give all the oil to the government!!!
Sound like a shitty idea to me.

>>1468923
>>1468933
>Let's lower prices
>NOT LIKE THAT
Seethe

>>1468936
>he still doesn't realize that Trump already lowered gas prices before and after Biden

>>1468944
trvke

>>1468944
>Pro republican industry engages in price gouging when a non republican in charge.
Easier to just nationalize the industry and remove the profit motive and shareholder leeches entirely.
Let Americans keep their hard earned money.

>>1468950
>I don't like Republican price gouging
>So let's give control of the whole industry to the Republican ran government, who routinely seize control of all three branches every 4 years, now.

Wow
how many upvotes did you imagine that would get?

>>1468950
>durr we make americans richer by communism durr
10/10.

>>1468952
>>1468971
>It's already corrupt because of republicans, so let's give them even more power.
Corporate bootlickers are the worse.

>>1468978
>>It's already corrupt because of republicans, so let's give them even more power.
Anon...

>>1469001
>Says that when it's happening right now
Nationalize it all.

>>1469007
Elsewhere, a leader is going to renationalize a previously state-owned national transport system privatized decades ago by a previous leader praised by a past Republican president. Said leader today will renationalize said transport system by denying the current private companies of their right to renew their franchises, thus they revert back to state control.
It was an election policy platform of the party now in government. And the fact said party won with a massive landslide proved that not only was it a popular policy, that renationalization was wanted by the electorate, thus became so by the will of the people.
Democracy. You're going to realize it's a thing, Trump & all your cultists. Enjoy your power: what's left of it. Because not long after six days from now the midterms will ensure you - and your little orange dog too - will be denied of your right to any socio-political power. By the Will of the People.

>>1469007
We should nationalize your mom.

>nationalize your mom
Yours too, 1469028
>We
Hi shill, with a slut for a mother.

>>1468686
>The Trump administration will resume garnishing wages from student loan borrowers in default in early 2026, the U.S. Education Department confirmed to NPR.

Good, blue collar hourly wage employees shouldn't have to pay for the college degree their white collar bosses got.

>>1469041
They shouldn't have to pay for Trump's trade wars either but here we are.

>>1469044
>butwhatabouttrumpism

>>1469068
the topic of this thread is trump's policies, esl shill. please take more classes

>>1469068
You voted for this.

Companies have more rights than you ever will. Your future life is sold before you are born. You are a slave, Neo. It is time to wake from sleepy slumber time or you will die in bed. Dying a coward is worse than living a coward.

I vote for nuking Russia today. Let us have a poll.

>>1469093
Now Anon you know antagonizing Ivan is just going to make him shitpost more.

>Let us have a poll
That's what deviants perverted by Dedovshchina and a pedo (https://www.military.com/video/off-duty/odd/akward-moments-with-vladimir-putin/3129473236001) that wants Poles back in his USSR 2.0 imagine doing to those in, say, Warsaw.
Meanwhile, Ukrainians rape a Russian ded till he's dead: >>1468218
Good

>>1469028
Surrender accepted, also trump screwing over the youth has noting to do with the fact he raped children and is covering up the Epstein list.

I’m sorry your underwater basket weaving degree didn’t pan out. lol you play now pay

I'm sorry your lack of education makes you inferior to infinite jeets taking yer jerbs, crackas.
You voted for US becoming a third world shithole, cultists.

>>1468713
wow, you literally parroted his statement just to use it as a bold-faced lie
they really aren't sending their best

Been saying it for a while on /pol/, but universities are on their last legs. Look, the whole college-will-give-you-a-great-career thing is long over. EVERY TIME the gubmit subsidizes ANYTHING, it screws it up: Health care, housing, universities, etc. Originally, universities had nothing to do with getting a job; it was to prepare the "gentry" to enter "proper" society. Somewhere around the early 20th century, the condition of a human's relation to economic output was at the state where college would prepare someone for higher paying work. The nature of the economy has changed. However, bloated, narcissistic universities have become addicted to the trough of easy money through the NEVER-should-have-been-implemented government student aid programs such as FASFA or the GI BILL, where basically have a pulse you qualify for funds. Do you really think the US gubmit can properly assess the risk of each of these loans...HELL NO. So, to keep the money river flowing, the powers that be still preach everyone needs to go to college crap. In addition to that, the standards have been dumbed down so much making it more pathetic of an endeavor than it was just based on oversupply. That hasn't been the case for decades.

For now, the trades are paying better than college grads in the 2020s since the leftist college elitists have put them down as "inferior work," and with the public duping into this, has created massage shortages of trade workers. However, this only gives you a short runway, not a career as those jobs too will be taken over by automation, just a few years after white collar. Universities have basically just turned into money-grubbing propaganda pushing machines. The only value left in universities these days is college sports, and they're even commercializing and bastardizing that. Since they've branded themselves as the way to "a good job" AI will, as Mr. Wonderful on Shark Tank says, eviscerate them and expose them for the cockroaches they've become.

>universities are on their last legs
>600,000 students from China coming to US universities
>what /pol/ consists of: inferior subhumans
/pol/ is on it's last legs.