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submitted 4 days ago by [email protected] to c/[email protected]

I particularly enjoyed the bit where they interview the guy who is an Uber driver. He doesn't care about his credit score since he will never be able to buy a house; feds can't garnish his wages because technically he doesn't work for Uber chefs-kiss

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[-] [email protected] 34 points 4 days ago

I was talking with someone recently who said he roughly earns about $4k/m and pays $2k/m for his studio and up until now had paid like $200/m on his loans.

But the change in the payment structure due to Trump's BBB makes it so now he will have to pay $2k/m for his loan along with $2k/m for his studio from his $4k income. die

[-] [email protected] 11 points 4 days ago* (last edited 4 days ago)

I'm so goddamned glad and lucky that I was able to pay off my loans during the pandemic. I actually got a job that paid more than I'd ever made just before the pandemic hit and since we weren't going anywhere or doing anything for a few years after that I had more money than I knew what to do with. And when they stopped interest on the student loans I just poured all my money into paying them off. I went from $130k to $0 in 5 years where previously I'd spent almost 8 years paying the minimum and taking deferrals and whatever before that and the loans went up from $70k to $130k.

Fuck the whole goddamned system. I didn't even get a degree. That alone should absolve you of the requirement to pay back the loans because in most cases you won't get a job to be able to afford to pay them off anyway.

[-] [email protected] 12 points 4 days ago

went up from $70k to $130k.

JFC shit like this tells me they make student loans as unrepayable as possible to just leech people dry. And I bet your principal was like ~$50k initially.

The mafia can't even hit people that hard.

[-] [email protected] 1 points 3 days ago

My principal was 70k when I had to start paying them. I hit the max limit before my final semester so I thought I would just stop and try to pay it down some until I could go back and finish. Silly me.

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this post was submitted on 11 Aug 2025
111 points (100.0% liked)

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