#studentloans — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #studentloans, aggregated by home.social.
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Under federal rule, colleges must leave grads better off or lose financial aid
https://www.npr.org/2026/06/30/nx-s1-5835631/turner-camhi-do-no-harm-college-loans
Comments: https://news.ycombinator.com/item?id=48878126
#HackerNews #collegereform #studentloans #financialaid #educationpolicy #highereducation
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That #median includes the youth who often start with negative worth due to #StudentLoans.
Your highest #NetWorth is achieved in your 60s as you approach your #retirement. The #debts are gone. The median is now $ 410 K. Your stack has slightly more than doubled in height to 45 cm.
At this rate, when will you become a #trillionaire? It will take ~ 108 million years! The #dinosaurs perished only 65 million years ago, you dolt!
src: https://wealthvieu.com/personal-finance/net-worth/net-worth-by-age
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#ICYMI (I know I did)... Apparently, part of #Trump's #BigUglyBill involved withholding future student #FinancialAid if they withdraw from a class. Wow...!
"Beginning in Summer 2026, changes to #FederalStudentAid under the One #BigBeautifulBill Act will significantly affect how federal direct loans are adjusted when students withdraw from courses or reduce enrollment. Several of you have met with me via zoom to learn more about these changes, and I am grateful for the questions and conversation.
What’s changing in brief:
- Financial aid for loan borrowers may now be recalculated based on a student’s enrollment, even in cases where students continue to pay for all of their credits.
Students who withdraw from courses may:
- Lose eligibility for a portion of their aid in a future semester and/or,
- Owe a balance back to the university
Please contact the Office of Financial Aid with questions or refer students directly for individualized guidance.
Thank you for your continued support of our students during this transition."
#USPol #TrumpSucks #DumbingUsDown #GuttingHigherEd #StudentLoans
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Breaking: The U.S. just discovered that architects, teachers and nurses are actually… hobbyists. Under Trump’s “One Big Beautiful Bill”, designing bridges, educating entire generations and literally keeping people alive will be treated like you’re starting a quirky side hustle on Etsy. “Professional students” (like, say, MBAs and lawyers) can borrow up to $50k/year, while the folks who build hospitals, run them, and staff them get the “congrats on your expensive pastime, here’s a smaller loan” tier at $20.5k/year.Architecture: not professional. Education: not professional. Nursing, physical therapy, dental hygiene, occupational therapy, social work: also just vibes now. Professional, apparently, means “makes the right donors comfortable” and not “holds society together so the donors don’t die of untreated sepsis in a collapsing building staffed by underfunded volunteers”.If this goes through, fewer people will be able to afford these degrees, which is a bold strategy when there’s already a nursing shortage and a desperate need for teachers and care workers. But hey, who needs a functioning society when you can have tidy loan categories and a press release about “repayment assistance”.Anyway, if you’re an architect, teacher, nurse, therapist, engineer or social worker: congratulations on your new status as “non-professional essential worker”. Please remember to clock out before saving lives or shaping the next generation, because that kind of thing is clearly just a hobby now.#HigherEd #StudentLoans #Architecture #Nursing #Teachers #ProfessionalDegrees #USPolitics #TrumpBill #DebtCrisis #MastoEdu #MastoPol #Fediverse
https://mymodernmet.com/professional-degrees-loans-archictecture-education/
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#PersonalFinance #Investing #FinancialFreedom #RetirementPlanning #DebtFree #FrugalLiving #StockMarket #Crypto #RealEstate #FinancialLiteracy #WealthBuilding #Budgeting #SavingsGoals #EmergencyFund #DividendInvesting #TaxPlanning #Entrepreneurship #PassiveIncome #CreditScore #FinancialPlanning #FIREmovement #MillennialMoney #MoneyMindset #DebtRepayment #SideHustle #StudentLoans #MoneyManagement #FinancialGoals #RoboAdvisors #ETFs
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President Joe Biden is slated to announce Wednesday that his administration will cancel another $1.2 billion in student loan debt — this time for about 153,000 borrowers
#DemocratsDeliver #Biden #StudentLoans #President #YesterdaysNews #DailyKos #VoteBlue #JoeBiden
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Called the #DepEd today about my #studentloans again, and the person I talked to "helpfully" transferred me to a message saying the office was now closed 🤦♂️ . They apparently close at 6PM Eastern time on Friday (it's only 3PM in California) and I had called just before then, so this was a convenient way for me to be someone else's problem for another day for whoever answered. This is so utterly exhausting.
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"A #studentloans servicer cited in a lawsuit that temporarily blocked President Biden’s debt #forgiveness plan is distancing itself from one of the claims raised by six Republican-led states challenging the program."
This is a BIG deal for the fulcrum standing issue in Nebraska v. #Biden, the lawsuit currently pending before the #8thCircuit - which is also the lawsuit that has put a temporary pause on the whole program.
https://www.washingtonpost.com/education/2022/11/02/mohela-student-loan-forgiveness-lawsuit/