The US total population is about 340 million. Those 18 and older is about 254 million.

With 5.3 million defaulted, that means 1 of every 68 adults has defaulted on a student loan.

At any given time, a large grocery store has 1-5 people who defaulted on a student loan.

There is clearly something wrong with the US society with that many people who can't pay for an education, which is needed to barely get a job.

I don't know how anyone can be optimistic about this economy. This isn't death by a million little cuts. we are headed for an unprecedented economic depression.

Didn't this guy default on most of his loans several times?

He could raise money by taxing billionaires who wouldn't suffer but he goes after people who took out loans for education. He also looks especially toad-like in that image.

This cunts daddy paid for his college were he bought his degree of course he lacks empathy for normal hard working people

Gotta pay for that birthday parade somehow

Maga won't be affected by this.

I hope all the zoomer dudes who voted for orangeboi enjoy this delightful financial punch in the dick

As a transgender man who served 3 of my 4 years of my TEACH grant before my state made it defacto if not de jure illegal to be a transgender teacher -

I’m fucked lol. I’m just going to have to work under the table the rest of my life. My billionaire ex managed to dump his credit card debt on me, so I’m fucked hopelessly. It’s entirely legal to fire me for being trans in any job. Doesn’t matter whether it’s cleaning vomit after a basketball game or working at a group home - my uterus renders me a non human.

If I do lose my apartment, I’ll make the news in the best way I can though.

For visitors to this thread: I would really recommend that you scroll down a little bit to find the person who was claiming that aktually this is all Biden's fault, and then trying to defend it like it made total sense when people asked WTF they were on about. It is interesting.

So 5.3 million Americans are going to be given less incentive to work and less to lose?

This is going to be so great for the economy.

Roughly 2.9 million people who have student loans are age 62 or older. I'm very curious as to how many in that demographic are within this defaulted status. Mostly because any change in social security benefits for a retiree is life altering and if any significant portion of that group that's defaulted is also this 62 or older group, the changes this will have a massive impact on the population. Retirees that get caught into money troubles not only brings them down, but usually the family that ultimately has to catch them from completely falling through the cracks.

My friend is directly impacted by this. So much winning. Thanks again Don. Really making America great

Time for the under the table economy to rise sgain

This dildo is practically asking for another attempt on his life.

An American hero in the making. /s