#studentloan — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #studentloan, aggregated by home.social.
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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
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#StudentLoan is a euphemism for Student Burden.
To push many not suited into University and straddle them in debt at the same time is barbaric. Fattening the debt with extreme interest just sticks the knife in deeper.
Look at how education operates to great effect in #Finland.
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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. -
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/ -
Requiring specific grades in English to access student loans? I can't help but think they'd be better off with Maths qualifications so they go into a student loan with clear eyes at how bad value they are these days!
https://www.theguardian.com/education/2026/jun/17/students-pass-gcse-english-university-loans-proposals -
25 Democrat #states & DC sued the #Trump #Education Dept over new graduate #StudentLoan limits, arguing the restrictions will worsen the #HealthCareWorker shortage.
“#HigherEducation is expensive, & our #health care system is already under immense strain. This rule will shut talented people out of critical professions & leave communities with fewer #healthcare providers they desperately need,” NYAG Letitia James, who is leading the coalition, said in a statement.#law
https://www.washingtonpost.com/education/2026/05/19/health-worker-shortage-will-worsen-with-student-loan-limit-25-states-say-suit/ -
How are any of us with student loans supposed to actually make ends meet to come September?
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Here’s How You Can Challenge Wage Garnishment for Defaulted Student Loans
The Trump administration announced that this week it will start forcibly collecting money from student loan debtors. -
New #studentloan rule could dissuade people from advanced #nursing degrees
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After stalling #Biden era $180 Billion #StudentLoan forgiveness program, a court challenge by American Federation of #Teachers sees #Drumpf admin finally acknowledge a fraction of those previously eligible... A new #agreement allows the #DOE to resume processing forgiveness for specific fraction of borrowers enrolled in Income-Contingent Repayment (#IDR), Pay As You Earn (#PAYE) and the #PublicService #LoanForgiveness (#PSLF) programs. Read deets to see if you, or someone you know in an eligible #edu field can now qualify for any #debt reduction or #TaxBreaks. Currently Americans as a whole, are saddled with almost $2 TRILLION in student loan debts.
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Dems Blast Education Department for Removing Complaint Button on Website
Submitting a complaint is now a “multi-step, illogical navigation process,” the senators said. -
Wife got a letter today -- full #StudentLoan forgiveness!
She's been strutting around the apartment singing along with Landis Harry Larry.
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So, remember how in the #BigUglyBill they did away with most #StudentLoan forgiveness programs (for teachers, firefighters, etc.). Well, guess who is being offered #LoanForgiveness? Why #ICERecruits! WTF!
ICE Is Hiring 10,000 New Agents, Many with Signing Bonuses
Dennis Damp / Aug 7, 2025"The Department of Homeland Security (DHS) is hiring 10,000 new U.S. Immigration and Customs Enforcement (ICE) agents. The reconciliation bill provided $75 billion in new funding for this initiative.
In addition to core law enforcement occupations, there are also a wide range of professional and administrative functions that support the ICE mission. Career paths in management, information technology, law, mission support, healthcare, public affairs, and community outreach are also available.
FEDERAL LAW ENFORCEMENT INCENTIVESICE is offering a robust package of federal law enforcement incentives, including:
- A maximum $50,000 signing bonus
- Student loan repayment and forgiveness options
- 25% Law Enforcement Availability Pay (LEAP) for HSI Special Agents
- Administratively Uncontrollable Overtime (AUI) for Enforcement Removal Operations (ERO) Deportation Officers
- Enhanced retirement benefitshttps://news.clearancejobs.com/2025/08/07/ice-is-hiring-10000-new-agents-many-with-signing-bonuses/
#ICESucks #Snitches #ACAB #FedACAB #Gestapo #USPol #ArrestYourFellowHumansForMoney
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From Reuters.com: Student loan quagmire frustrates borrowers - and alarms some Trump voters
https://www.aol.com/news/student-loan-quagmire-frustrates-borrowers-114846466.html
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#StudentLoan Expert:
Here Are the 6 Things #Borrowers Should Do Now -
Social Security payments could shrink as much as 15 % in June, to as low as $750 per month, for some recipients who owe student loans, after the Trump Administration made a rule change.
An estimated 450K people over age 62 could be affected.
🔗 You can contact the government's Default Resolution Group and pursue several different avenues to get out of default, including enrolling in an income-driven repayment plan.
"If Social Security is their only income, their payment under those plans would likely be zero," president of non-profit The Institute of #StudentLoan Advisors said.
https://myeddebt.ed.gov/🔗 Rule change notice: https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment
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#SAVE #StudentLoan Borrowers Likely Won't Make Payments This Year, but Should Do This One Thing Now
https://www.cnet.com/personal-finance/loans/save-student-loan-borrowers-likely-wont-make-payments-this-year-but-should-do-this-one-thing-now/
#education #studentloans #college #university -
#StudentLoan Borrowers Should Do These 6 Things Before the Summer
Here's how to take charge of your #studentloans as collections processes ramp up and #debtrelief options narrow.
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The #StudentLoan Payment Mess Is About to Get Worse
https://thedispatch.com/article/student-loan-repayments-resume-garnishment-explained/
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"Does it sound too good to be true?" That is a critical question when detecting scams. Unfortunately, many student loan borrowers have to ask themselves this question.
#cybersecurity #scam #studentloan
https://katv.com/community/little-rock-arc/cybersecurity-expert-warns-borrowers-about-student-loan-repayment-scams-karin-zilbertstein-a-cybersecurity-expert-and-vice-president-of-guardio-warns-borrowers-to-be-careful -
I, like probably most people, have assumed that student loan debt impacts mostly younger people. And I already knew that lots of people are paying off student loan debt for 10 or 15 years, productive time that they should be spending contributing to the economy and building wealth rather than being strangled by debt.
It is absurd to think that there are people paying off student loan debt in retirement, having their social security garnished. Yet here we are.
https://apnews.com/article/student-loans-debt-social-security-67a3a50a90aee3e6dda1ae4428094f97College and education should be free for all.
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#StudentLoan #Collections Are Back And They’re Hitting Harder Than Expected
https://www.boredpanda.com/student-loan-debt-collection-problems/
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If this doesn't get folks out onto the streets, I don't know what will! #StudentLoans are a HUGE burden that hangs over a lot of peoples' heads -- and #IncomeDrivenRepayment programs are the only thing keeping them from not being able to make ends meet and / or having their #credit ruined! And taxes on scholarships? Seems the #FascistGrooveThing wants to #SilenceDissent by providing barriers against an #EducatedVoter!
House Republicans mull taxes on scholarships and changes to student loan programs
By CHEYANNE MUMPHREY
Updated 11:51 PM EST, February 8, 2025"As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college #scholarships, an end to #StudentLoan #repayment plans and a big hike in taxes on university endowments.
"The ideas affecting #HigherEducation are among many in circulation among House committees that are exploring ways to cover the cost of extending and expanding tax cuts passed in President Donald Trump’s first term.
"The recommendations are still evolving, and it’s unclear how close any of them will get to being implemented. Regardless, advocates across higher education say they are alarmed to see such proposals gain traction at all with Republicans.
"'It’s shocking to me because this amount of cuts is not happening in reaction to like a budget crisis, like a #recession. This really feels different in the sense that it is not something that there is an external push or a need for. So, it feels more #ideological in a way,' said Jessica Thompson, a higher education policy expert with The Institute for College Access and Success.
"Here is a look at possible federal budget cuts that would affect higher education under the Trump administration:
"Cutting programs that help students pay off college debt
"The U.S. House Committee on Education and the Workforce has suggested several possible ways to overhaul student loan programs. Some would reduce student access to federal aid for college.
"On the chopping block potentially are several plans students can opt into to repay their students loans, including the #SAVEPlan introduced by the Biden administration. That plan doesn’t require borrowers to make payments if they earn less than 225% of the federal poverty line — $32,800 a year for a single person — and prevents interest from adding to balances as long as borrowers make their monthly payments. The SAVE plan was already put on hold after Republicans challenged it. Some plans do not appear to be targeted, including one that caps loan payments based on borrowers’ income level.
[...]
"An end to tax-free status for scholarships
"Scholarships and fellowships have been exempt from taxes as long as they are used for tuition and related expenses. That would change under another proposal that’s up for consideration.
"The changes could create new financial burdens for students and families, advocates say.
"'There’s been great progress in bringing down the costs of higher education. Adjusted for inflation, public university tuition is less now than it was ten years ago,' said Craig Lindwarm, senior vice president of governmental affairs with the Association of Public and Land-Grant Universities. 'But as we look at some of the proposals that are options, many would increase costs on students and families, and I think (the proposals) are heading in the direction that most don’t want to see, which is increasing expenses on students and families.'
Read more:
https://apnews.com/article/trump-administration-education-college-loans-532d52c2ccac8b4be459f7797fb63a73
#USPol #Fascism #CharacteristicsOfFascism #SignsOfFascisn #ResistFascism #Education -
@[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
