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#studentloans — Public Fediverse posts

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  1. CW: NZPol Solar vs Student loans

    "Here it is: tomorrow morning, the government cancels the student loan book. Every balance, zeroed. The Crown writes off $16.2 billion of assets against its own accounts, net debt ticks up accordingly, and 622,892 people wake up owing nothing.

    Now the question that matters. What, in the real economy, just happened?"

    #NZPol #StudentLoans #Economy

    andrewdicksonnz.substack.com/p

  2. bulshit new student loan rules start in 2 days?

    If you are behind on payments, you may qualify for an Unemployment Deferment or an Economic Hardship Deferment, but be warned: These programs are being eliminated for loans initiated on or after July 1, 2027. Forbearance will be limited to a maximum of nine months every two years for loans funded on or after July 1, 2027.  Source: Student loan overhaul starts July 1: What borrowers should know

    tacobout.online/2026/06/29/bul

  3. bulshit new student loan rules start in 2 days?

    If you are behind on payments, you may qualify for an Unemployment Deferment or an Economic Hardship Deferment, but be warned: These programs are being eliminated for loans initiated on or after July 1, 2027. Forbearance will be limited to a maximum of nine months every two years for loans funded on or after July 1, 2027.  Source: Student loan overhaul starts July 1: What borrowers should know

    tacobout.online/2026/06/29/bul

  4. Trump’s ‘big, beautiful bill’ is bringing a big set of student loan changes nbcnews.com/news/education/tru “I would have hoped that I would be making a decent living on the education that I paid such a dear price for,” Correa, now 57, said. “But I was sold a dream. It feels like now, if you are a normal, average person just trying to make it, you’re not going to.”

    #studentloans #studentdebtcrisis #StudentDebt #economy #education #TheCrueltyIsThePoint #forgivestudentdebt

  5. CW: NZ - student loan border arrest

    In the past ten years, just 13 people have been arrested at the NZ border for student loan debts. Here's the story of unlucky number thirteen, a doctor who's worked in Australia for the last thirty years.

    It's also a cautionary tale of how 5.6% interest and a further 9.6% in penalties on arrears can transform a once modest debt into a millstone.

    stuff.co.nz/nz-news/360997679/

    #NZ #StudentLoans

  6. CW: NZ - student loan border arrest

    In the past ten years, just 13 people have been arrested at the NZ border for student loan debts. Here's the story of unlucky number thirteen, a doctor who's worked in Australia for the last thirty years.

    It's also a cautionary tale of how 5.6% interest and a further 9.6% in penalties on arrears can transform a once modest debt into a millstone.

    stuff.co.nz/nz-news/360997679/

    #NZ #StudentLoans

  7. A while back I posted that #Trump is trying to drastically cut back #StudentLoans for those studying for careers in #HealthCare. The #Senate is expected to vote THIS WEEK on a resolution to block this terrible rule. If you haven't written to your representatives, now is the time. defendpublichealth.org/campaig

    #USPol

  8. A while back I posted that #Trump is trying to drastically cut back #StudentLoans for those studying for careers in #HealthCare. The #Senate is expected to vote THIS WEEK on a resolution to block this terrible rule. If you haven't written to your representatives, now is the time. defendpublichealth.org/campaig

    #USPol

  9. That includes the youth who often start with negative worth due to .

    Your highest is achieved in your 60s as you approach your . The 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 ? It will take ~ 108 million years! The perished only 65 million years ago, you dolt!

    src: wealthvieu.com/personal-financ

    Want more?
    [2/6]

  10. 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: wealthvieu.com/personal-financ

    Want more?
    [2/6]

  11. The #TrumpAdministration wants to drastically cut #StudentLoans for #HealthCare. This won't just harm students, it will devastate communities already seriously short of healthcare providers. Congress can stop it if they hear from you!
    defendpublichealth.org/campaig

  12. The #TrumpAdministration wants to drastically cut #StudentLoans for #HealthCare. This won't just harm students, it will devastate communities already seriously short of healthcare providers. Congress can stop it if they hear from you!
    defendpublichealth.org/campaig

  13. #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

  14. I have a wild idea. Let's take all the private student loan lenders, liquidate them, and jail the C-suites? If I have to read one more desperate post by an 18 year old thinking their life is over because they signed a predatory Sallie Mae loan, I'll scream. #EduSky #AcademicSky #StudentLoans

  15. Reform UK Proposes Ban on Foreign Students Accessing Taxpayer-Funded Loans

    Reform UK proposes banning foreign students from using taxpayer loans. This could affect university finances and how students pay for studies.

    #StudentLoans, #ReformUK, #InternationalStudents, #EducationPolicy, #UKPolitics

    newsletter.tf/reform-uk-foreig