Millions of Americans Are Ignoring Their Student Loan Bills
Millions of Americans Are Ignoring Their Student Loan Bills
news.bloomberglaw.com
Millions of Americans Are Ignoring Their Student Loan Bills
14 comments
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What are they supposed to do? Come up with money they don't have? Not pay rent? Not buy food?
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No, you’re supposed to be a wage slave on the mega-plantation known as American Capitalism, and you’re supposed to be GRATEFUL FOR THE OPPORTUNITY, citizen.
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But if you can't you must leave the city immediately.
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Why is this cross-posted to uplifting news? What exactly is uplifting about someone who cant afford groceries, and rent, let alone their student loans?
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It's uplifting in that there's so many people prioritizing not paying these predatory loans, there's no realistic way to prosecute them all. It's like a rent strike, but massive.
... at least that is my interpretation.
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14 comments
Even if they can afford to pay them, why would anyone want to? What would our president do? Why should anyone give a shit about doing the “right” thing when the people running our society, government, and financial institutions are raping and pillaging the decades of stability and good will that was guiding the decision to get those loans in the first place??
Unfortunately the student loans fall into a category of you're fucked, so the government can make deductions from people's paychecks automatically without them having a say. So a teenager can sign themselves up for mountains of debt, fuck their credit for possible decades and wind themselves up stuck in an economy where they can't find a job in their field and can't pay back their loans so they are stuck doing entry level work in a field they don't want to be in, with minimal money to show for it as the money is taken out beforehand. So maybe they can start a 30 year mortgage on their first house when they are 55, work till 75 and if they are lucky pay it off early so it doesn't get confiscated by the bank and all equity gone so they can't afford retirement and nothing passes down to their kids but the debt of paying for their funeral.
Stop taking jobs that report taxes too! Cash for the rest of your life, problem solved. /s