>The Trump administration is reportedly preparing to pursue wages and benefits of borrowers with defaulted federal student loans.>The Education Department is working with the Treasury Department to hire private debt collection agencies.>Borrowers in default may face administrative wage garnishment of up to 15 percent of their earnings without a court order.>The government can also intercept federal tax refunds and offset up to 15 percent of certain benefits like Social Security.>Borrowers are supposed to receive formal written notice before collections begin, along with an opportunity to pursue alternative options like loan discharge, rehabilitation, or consolidation.
>>544653046Sorry, linkhttps://www.forbes.com/sites/adamminsky/2026/10/19/education-department-is-about-to-seize-student-loan-borrowers-wages-and-benefits/
>>544653046College students/grads are the most kekholded group, cucked by the colleges for meme degrees, cucked by the bank and fed for money they will never be able to pay back, cucked by the job market by h1b jeets. I might feel sympathy for them if they weren't insufferable faggots and progressives/marxists.
>Borrowers are supposed to receive formal written notice before collections begin, along with an opportunity to pursue alternative options like loan discharge, rehabilitation, or consolidation.nothing burger once again
>>544653161>loan discharge Not under a Republican government lel
Peddling the lie that college = success was a such great trick and now they have so many eternal debtslaves. The government isn't gonna help them, the Government is the muscle for the Bankers
>>544653046Jesus fuck, this has to be the most kiked out administration in the history of humanity.Jews will look back and be proud at this period of history and how they mercilessly sodomized the goy
Bump
>>544653046perfect timing right before the midtermsis trump trying to get a large enough majority for democrats that they can even amend the constitution?
>>544653046Based
>>544653046>take out a loan>pay it back>no, I di t care if you didnt read the fine print>yes, lenders will use all the powers they have to get it back>no I dont care if you think you can just say you arw bankrupt as a get-out-of-gaol free card>yes your tears make my cock hardAll this being said, dont Ameri-golums get free university if they work in the army for a few years? Why not just do that?
>>544654674He's gambling that it'll OWN DA LIBZ enough to recreate meme magic and get his base excited enough to turn out for his guys. He knows that most people with college degrees are voting against him so he just wants to piss them off enough to stoke the kind of social media garbage which got him elected
>>544653339>The Republican government that barely cling to power will piss everyone off just before electionsare you retarded?
>>544657382Went into Iran, went into debt, went in too deep. Republicans will do anything but face their mistakes
>>544653046He really is the boomerest of boomers.
>>544653046You borrowed the money and went on Spring break while I worked two jobs. One was handling human cadavers. I really dont care if your college debt crushes you, mine was paid off in 3 years.
>>544657524>deflections to avoid the pointkek
>>544657674Yeah this is the engine lol. You make it so hard that only an extremely small number of people can do it, then they'll keep it hard just to spite everyone else because... well, because that's what the system creates
>>544656934> giving a usurious six figure loan to an 18 year old > oy vey how could we have known > if only we had armies of analysts who told us exactly how many of these regards would NEVER pay these predatory loans offjust eat the bad debt, gigakike
>>544657763It's kind of Reagan's fault in the first place. In California, he was the first to really push the student loan industry, and then of course he became president. Before Reagan, student loan debt in the entire US was in the single-digit millions of non-cost-adjusted dollars.
>>544657382>the guys who started a new war after campaigning on no new warsThe only retard here is you if you believe the republicans won't make yet another collosal fuckup happen.
please explain why dogshit american public universities should cost hundreds of thousands of dollars to attend.
They really don't want people to have healthcare
>>544657851>too retarded to understand that i'm pointing out this news as the new fuckupkek
>>544653046It's crazy that Americans can't default on their student loans.When will the US abolish usury?
Ahahahahahahahaha get FUCKED libshits! Accountability is finally catching up to these coddled retards. Can’t wait to see their reaction when they find out they have to spend eternity in flames.
>>544657939(((capitalism)))
>>544657382This administration is completely retarded. They have done exactly that for almost 2 fucking years now.
>>544657939because we've commoditized education and the powers that be decided that america should be an economic zone that gets carved up to the highest foreign bidders. it's part of the reason why republicans will always complain about china buying farmland but never actually do anything about it. it's also part of the reason why both parties will always increase immigration regardless of how their voters feel about it.
>>544653046I don't have a job. Never paying back my student loans. I'll move down to Mexico and creampie some Latinas before I ever pay my student loans and medical bills.
>>544660419you lost, tranny
>>544657711Fucking over them kids makes boomer cock hard.You lost zoomeranny.
>>544653488They’ve already doomed themselves and they’re far too arrogant to see it. They have no future
>>544653046"Collectors" don't come and collect anything. They just bother you over the phone
>>544657674nobody gives a fuck about you. nobody gives a fuck what you think. and no one is paying the fake as loans backsimple as that bud and you can't do fuck about it
>>544657939Because federally guaranteed college loans subsidize demand.If you let people borrow infinity money for useless fucking degrees, prices are gonna go up. Just like if you let brownoids borrow inifinity money for houses you get 2008 on your hands again.
