#studentloan — Public Fediverse posts

Older #StudentLoan borrowers are at risk of losing a chunk of their #SocialSecurity. There's a new bill to prevent that.

Story by Ayelet Sheffey, August 17, 2026

"Student-loan borrowers could lose their Social Security checks if they fall behind on their loan payments. Democratic lawmakers want to put an end to that practice.

"On Monday, Sens. #BernieSanders, #ElizabethWarren, and #EdMarkey introduced a bill to prevent older student-loan borrowers and borrowers with disabilities from facing Social Security garnishment if they default on their payments.

"A fact sheet of the legislation reviewed by Business Insider said that the bill would prohibit the Treasury from seizing Social Security payments, including Social Security Disability Insurance, and protect those borrowers from 'unnecessary forced collections.'

"Sanders said in a statement that 'in the richest country in the history of the world, no senior should have their Social Security payments taken away from them to pay back student debt.'

" 'This is especially true when seniors throughout the country already cannot afford the skyrocketing price of healthcare, prescription drugs, groceries and housing,' Sanders said. "Congress must pass this legislation.'

"The legislation comes as student-loan defaults are at a record high. Over 9 million borrowers were in default as of March, according to the latest Education Department data, which happens when a borrower has missed payments for 270 days.

"The New York Federal Reserve's latest household debt report showed that student-loan delinquencies stood at 10.6% in the second quarter of 2026 — up from 10.3% in the first quarter. Pre-pandemic delinquency rates were around 11%, and researchers said the latest data showed that delinquency is stabilizing. Yet researchers said that number could rise again due to the elimination of the Biden-era SAVE repayment plan, which gave borrowers affordable payments and a shorter timeline to debt relief."

Read more:
https://www.msn.com/en-us/news/other/older-student-loan-borrowers-are-at-risk-of-losing-a-chunk-of-their-social-security-there-s-a-new-bill-to-prevent-that/ar-AA2ahcsA?

#SAVEPlan #StudentLoans #USPol #TrumpSucks #CharacteristicsOfFascism

A federal judge struck down the #Trump admin’s restrictions on a popular #StudentLoan forgiveness program for #PublicServants, 1 day before the new rules were to take effect.

Judge Myong J. Joun 💪 sided with a group of #nonprofits, #states, #cities & #unions that challenged the legality of the admin’s revised eligibility requirements for Public Service Loan Forgiveness, which cancels the #education #debt of #government & nonprofit employees after 10 years of service & 120 monthly loan payments.

#AffordableEducation

Judge strikes down #Trump restrictions on #StudentLoan forgiveness for #PublicServants

The #Education Department wants to exclude employers that engage in #DEI or “activities” that the Trump admin “disapproves” of. The rule was set to take effect Wednesday.

#law #indoctrination #propaganda #trumpaganda #WhiteSupremacy #heterosexism #misogyny #MaleSupremacy #AbuseOfPower #authoritarianism #autocracy #despotism #fascism #tyranny #MafiaState #Nazis
https://www.washingtonpost.com/education/2026/06/30/court-strikes-down-trumps-limits-loan-forgiveness-public-servants/

#Teachers sue #Trump admin for stopping affordable #StudentLoan repayment plans

The American Federation of Teachers represents 1.8 million educators.

By Leah Sarnoff, March 19, 2025

"One of America's largest unions is taking aim at President Donald Trump's administration for shutting down access to affordable student loan repayment plans -- saying the decision is 'effectively breaking' the system.

"The American Federation of Teachers (#AFT), representing 1.8 million educators across the country, filed a lawsuit against the #DepartmentOfEducation in Washington, D.C., hoping to restore the programs that have now been shuttered for three weeks.

"The filing alleges the administration halting the application process for all Income-Driven Repayment (#IDR) plans and ordering student loan servicers to stop all processing violates #FederalLaw.

"AFT sued the United States Department of Education (ED) for effectively breaking the student loan system, denying borrowers' access to affordable loan payments and blocking progress towards Public Service Loan Forgiveness (#PSLF), in violation of federal law,' the union said in a statement Wednesday."

https://abcnews.go.com/Politics/teachers-sue-trump-admin-stopping-affordable-student-loan/story?id=119965907
#CharacteristicsOfFascism #BadDOGE #ResistDOGE #Authoritarianism #USPol

@[email protected] @[email protected]

Also, I often post about #LGBTQ issues

More about me:

I'm #Multiracial of mostly European and #Indigenous ancestry ( #Cherokee and #Tuscarora but am not an enrolled tribal cigtizen)

I'm an #Attorney but also work as an #Editor and a #Writer

For my own learning (and to maintain my in-school #StudentLoan deferrments), I'm a half-time student at #Tohono_Oodham_CommunityCollege