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Trump to start GARNISHING delinquent student loaners:
Poast new message in this thread
Date: April 21st, 2025 5:08 PM Author: bespoke internet-worthy property tattoo lol, libs - biden dangled forgiveness over your heads for years, and failed to deliver. now, this:
Involuntary collection of defaulted student loans to resume, Education Department says
The U.S. Department of Education on Monday said it's restarting "involuntary" repayment of federal student loans that are in default.
The payments were paused during the first term of President Donald Trump in 2020 as a response to the Covid pandemic.
"Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program, which withholds payments from the government — including tax refunds, federal salaries and other benefits — from people with past-due debts to the government," the department said in a statement.
Wages will be garnished following a 30-day warning, it added.
An estimated 8.3 million borrowers are in default on their federal student loans, though the department said that number could reach 10 million in a few months. Repayment will be administered by the U.S. Department of Treasury, and affected borrowers will get notices in the next two weeks, the department said in a statement.
The administration of President Joe Biden continued to pause repayment under a campaign promise to relieve student debt, but the U.S. Supreme Court ruled in 2023 his plan was not constitutional because it did not fall under congressional approval.
“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” said U.S. Secretary of Education Linda McMahon. “The Biden Administration misled borrowers: the executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear."
https://www.nbcnews.com/news/us-news/involuntary-collection-defaulted-student-loans-resume-education-depart-rcna202270 |
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Date: April 21st, 2025 5:11 PM Author: Awkward boiling water idea he suggested “American taxpayers will of course still be forced to serve as collateral for irresponsible private equity and corporate investors,” said U.S. Secretary of Education Linda McMahon. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868010) |
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Date: April 21st, 2025 5:12 PM Author: bespoke internet-worthy property tattoo yeah. it's what voters want. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868019) |
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Date: April 21st, 2025 5:12 PM Author: zippy charcoal affirmative action (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868022) |
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Date: April 21st, 2025 5:18 PM Author: cerise painfully honest brethren (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868041) |
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Date: April 21st, 2025 6:26 PM Author: Sexy area police squad (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868321) |
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Date: April 21st, 2025 6:53 PM Author: coral frozen dragon explain to me like i'm 5 yo how american taxpayers serve as collateral for PE and corporate investors? (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868443) |
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Date: April 21st, 2025 7:22 PM Author: Awkward boiling water idea he suggested CARES Act (March 2020) – $2.2 Trillion
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was the primary federal response to the pandemic.
2. Silicon Valley Bank (SVB) & Signature Bank Collapses – March 2023
FDIC, Fed, and Treasury invoked a "systemic risk exception"
Guaranteed all deposits (even uninsured ones above $250k)
Fed launched Bank Term Funding Program (BTFP) to shore up liquidity
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Date: April 21st, 2025 8:24 PM Author: coral frozen dragon come on, really? 1, you seriously think we should've let all businesses just simultaneously go bankrupt during covid? it would've been worse than the great depression 2, this is borderline, and i totally get criticizing bailing out uninsured accounts over $250k. but there is real contagion/community risk to a run on banks/bank failure that would hurt, eg, student loan borrowers badly as well as the rich, and maybe moreso due to poors living paycheck to paycheck
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Date: April 21st, 2025 8:27 PM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868740) |
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Date: April 21st, 2025 9:18 PM Author: Awkward boiling water idea he suggested 1. require payback on (hell, 0% interest with a 10 year repayment period). instead it was a 10-figure giveaway to our elites 2. no there wasnt. SVB was basically for PE/VC owned companies (my PE client had a portfolio company that had a SVB bank account). it was a giveaway to them. again, they dont have to deal with the financial consquences of their decision. hell, make the shareholders of any company that got bailed out by SVB sign a 10 year agreement of no dividends/buy backs to shareholders. but of course not |
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Date: April 22nd, 2025 8:47 AM Author: coral frozen dragon 1 doesn't make any sense to require payback. the laws required their businesses to close in many cases. goal was to keep going concerns continuing so workers could continue to get paid. i'm yosemite sam fuming mad at some of the abuses, for example musical touring acts that took big checks and didn't distribute any of it employees. but conceptually idk how else you structure this to avoid total cratering the economy during a pandemic especially when your government is full of retards and you have no time to devise a plan.
2 i'm a lot more sympathetic here; ty.
3 why bail out student loan borrowers? because a dumb kid shouldn't be able to borrow $300k at age 17? i don't think it "stimulates the economy" in any real way. i don't think it's good politically bc factory workers aren't getting any handouts whereas DC area ivy thinktank fags are. at the very least i would want to pair it with reform of the student loan system to allow lenders to price risk - but the dems would never go for this because it would increase borrowing costs for the marginalized groups (and be very clear what we are subsidizing the most on the front end, and then also on the back end via your forgiveness) |
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Date: April 22nd, 2025 8:54 AM Author: Brindle sadistic spot kitty Who is really asking for a bailout? The MPN states work in government for 10 years and your loans get forgiven if you make 120 (10 years of payments) on an IDR plan. No one is really asking for a bailout. Those were the terms, now if I make all 120 payments why is it fair now, after an additional $100k has accrued thanks to interest, for them to pull the rug 9 years in?
For general forgiveness I agree but IBR and PSLF forgiveness was part of the deal. |
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Date: April 22nd, 2025 9:18 AM Author: coral frozen dragon i'm speaking in much more general, dumb terms than you are. i'm not in favor of any kind of rug pull on a previously announced 10-20 year plan. but i thought biden expanded the universe of forgiveness via executive order to include basically everybody, and i don't really agree with this in spirit - i don't know if this included steps borrowers took to rely on it (even if he had no authority for the EO in the first place). (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870200) |
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Date: April 22nd, 2025 3:13 PM Author: Twisted Aphrodisiac Crotch "No one is really asking for a bailout." go fuck yourself |
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Date: April 22nd, 2025 8:54 AM Author: claret patrolman the same reason we created the bankruptcy code and eliminated debtors prison. even jews figured out debt jubilee.
why do people act like they "don't get it?" saddling people with unsustainable debt is bad for society. there needs to be a mechanism for people to get a fresh start if you want people to be productive. |
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Date: April 22nd, 2025 9:02 AM Author: Brindle sadistic spot kitty PSLF was that but now GOP is back to making it impossible. You admit you fucked up, work for the government for 10 years still making 15% payments and it’s gone. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870162) |
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Date: April 22nd, 2025 9:15 AM Author: claret patrolman how? trump pslf exec order seems like a lot of hot air about trans and illegal immigration shit (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870189) |
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Date: April 22nd, 2025 9:16 AM Author: coral frozen dragon "jubilee" is a great word and partially on that basis you have persuaded me. it just grinds my gears if you do a mass jubilee without reforming the student loan system, which again, subsidizes hopeless degrees like community college basket weaving, on the taxpayer time. if you took the government out of the student loan business, you could also make the loans dischargeable in bankruptcy too, right? which i think would further the goal you mention. but it would likely still push rates up above where a lot of people want them. otoh, maybe it would finally push educational institutions to focus on providing value, rather than luxe student amenities (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870192) |
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Date: April 22nd, 2025 9:25 AM Author: claret patrolman yeah you're right and that used to be my position as well. but the fact is that we obviously *aren't* going to reform shit, and it's unfair to let people suffer because the government sucks. ideally yes these things should go hand in hand.
yeah it used to be dischargable until biden (lol) led the effort on making it lifelong debt slavery. i think making it dischargable again is a better solution than mass forgiveness too and idk why it's not a discussed more. |
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Date: April 22nd, 2025 10:54 AM Author: coral frozen dragon (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870470) |
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Date: April 23rd, 2025 12:59 PM Author: iridescent business firm prole I'd be for a fresh start for some people if there were underlying changes. Lending endless money to study worthless shit isn't sustainable. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48873971) |
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Date: April 22nd, 2025 10:42 AM Author: Awkward boiling water idea he suggested 1 makes perfect sense. maybe you are dumb. I said require payback *IF* they take money out of the business within the next 10 years, ie they are doing so well that they have more cash than they can reinvest in the business. This would mostly "hurt" (not give free cash to) PE owned businesses. TY for being either a dumb faggot or a faggot (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870439) |
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Date: April 22nd, 2025 10:57 AM Author: coral frozen dragon you didn't say anything like that, as far as taking money out within 10 years. maybe it was clear in your head, but in your faggot post, it was not (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870481) |
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Date: April 22nd, 2025 11:28 AM Author: Awkward boiling water idea he suggested fair. i merged the thought over points 1 and 2. all my clients took ERC, PPP and other bailouts and used it to pay the PE owner "management fees" and then laid off people as soon as they legally could to still get the FREE CASH
but fuck teens signing up for things society tells them is the right mood. THEY should know better. |
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Date: April 22nd, 2025 12:16 PM Author: coral frozen dragon OK i agree, that sucks. i didn't see any abuses like that up close so i have no idea how common. just read about some of the most egregious examples online such as music tours collecting a bunch of money to not tour and not pay their employees. it does sound like there was a ton of fraud/waste with that program (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870729) |
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Date: April 22nd, 2025 12:35 PM Author: Awkward boiling water idea he suggested PE firms 100% gamed the system. they own a ton of companies (10-20% of all) and it was all funds straight up to the PE firm. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870824) |
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Date: April 22nd, 2025 1:53 PM Author: coral frozen dragon (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871103) |
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Date: April 22nd, 2025 8:47 AM Author: claret patrolman (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870108) |
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Date: April 21st, 2025 8:17 PM Author: Sooty thirsty nursing home pisswyrm (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868706) |
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Date: April 22nd, 2025 9:45 AM Author: Ruddy Filthpig Stage It's Hashem's Way! (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870277) |
Date: April 21st, 2025 5:10 PM Author: Yellow athletic conference theater stage Lololololol (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868004) |
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Date: April 21st, 2025 5:10 PM Author: Sooty thirsty nursing home pisswyrm lol, not opposed to this, but another total financial disaster (created by Biden) coming to roost under Trump (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868005) |
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Date: April 21st, 2025 5:12 PM Author: Haunting Supple Faggot Firefighter “The executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear. Who do these people think they are, a soybean farmer?” (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868018) |
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Date: April 21st, 2025 5:31 PM Author: Milky step-uncle's house yarmulke (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868074) |
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Date: April 21st, 2025 5:17 PM Author: bespoke internet-worthy property tattoo lol, the wrestling lady published an op-ed in support of punishing debtors:
Linda McMahon: Accountability Returns to Student Loans We’re ending a Covid-era deferment plan that Biden kept in place far too long. By Linda McMahon Updated April 21, 2025 4:08 pm ET
President Biden never had the authority to forgive student loans across the board, as the Supreme Court held in 2023. But for political gain, he dangled the carrot of loan forgiveness in front of young voters, among other things by keeping in place a temporary Covid-era deferment program. Thus the Education Department allowed students to rack up a massive debt that is now long past due. Between 2021 and 2024, federal student-loan debt increased by more than $60 billion a year, while the department manipulated repayment plans and forgiveness policies until only 38% of the student-loan portfolio was in repayment. This is unsustainable for both students and taxpayers. I am announcing the end of this dishonest and irresponsible policy. We will conform the department’s repayment options to federal court decisions and end the Biden-era practice of zero-interest, zero-accountability forbearances that are pushing borrowers into loan delinquency and default. On May 5, we will begin the process of moving roughly 1.8 million borrowers into repayment plans and restart collections of loans in default. Borrowers who don’t make payments on time will see their credit scores go down, and in some cases their wages automatically garnished. Why? Not because we want to be unkind to student borrowers. Borrowing money and failing to pay it back isn’t a victimless offense. Debt doesn’t go away; it gets transferred to others. If borrowers don’t pay their debts to the government, taxpayers do. Student loans must always be paid back because they are unlike other types of consumer loans. If a borrower stops paying a mortgage or a car payment, he will go into foreclosure or find his car repossessed. Student loans have no collateral. It is impossible to repossess a college degree. That’s why they are very rarely discharged even in bankruptcy. That’s the hard truth for borrowers. But I have another hard truth for the institutions that made empty promises to students while pocketing their loan dollars. Colleges and universities call themselves nonprofits, but for years they have profited massively off the federal subsidy of loans, hiking tuition and piling up multibillion-dollar endowments while students graduate six figures in the red. A widely cited 2015 study found that for every dollar of increased federal caps on subsidized loans, colleges raised tuition by 60 cents. Many of the degree-granting programs that qualify for student loans are worthless on the job market, but colleges continue to accept students to these programs and encourage them to borrow to pay for them. Accountability is a two-way street. As we push to hold student borrowers to account, we will also push colleges to be responsible and transparent. If you are a student borrower with a federal loan balance and haven’t been making payments, you must restart payments now. Our Federal Student Aid office is providing every form of assistance we legally can to ensure that a monthly payment can fit into your budget. We recently extended the FSA call-center operations with weekend hours to ensure that your individual questions can be answered. We are updating the loan simulator to help calculate your easiest repayment plan. We also provide an advanced AI assistant, Aidan, to help pinpoint your best financial strategy. As we plan for the department’s future, we won’t leave the loan portfolio in disarray. We are committed to ensuring that borrowers are paying back their loans, that they are fully supported in doing so, and that colleges can’t create such a massive liability for students and their families, jeopardizing their ability to achieve the American dream. Ms. McMahon is U.S. education secretary.
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Date: April 21st, 2025 7:01 PM Author: Pale Tripping Candlestick Maker "It is impossible to repossess a college degree."
Ever tried repossessing a vacation, a meal, a massage, a night at the bar, or a concert ticket? No? And yet loans are made for things like that millions of times each day.
There are arguments to be made, but the repossession argument is among the dumbest there is. |
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Date: April 21st, 2025 9:09 PM Author: Rusted vibrant ticket booth useless brakes YA WOULDNT DOWNLOAD A CAR HURR DURR (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868903) |
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Date: April 22nd, 2025 10:51 AM Author: Topaz thriller keepsake machete dilemma https://www.ctpost.com/local/article/records-detail-mcmahons-1-million-bankruptcy-3878880.php
The new documentation supports the McMahon campaign's estimate in 2010 that the couple discharged about $1 million in debt. According to the filings obtained Wednesday, the couple owed $955,804.95 to 26 different entities, from the Internal Revenue Service to banks to towns to the telephone company and Sears Roebuck.
What remains unclear is whether the McMahons repaid any of their creditors |
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Date: April 21st, 2025 5:33 PM Author: Brindle sadistic spot kitty This was due to happen under Biden. Non story. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868084) |
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Date: April 21st, 2025 6:02 PM Author: Twisted Aphrodisiac Crotch yep. he was well on his way to killing dei in the government, as well. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868187) |
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Date: April 21st, 2025 6:03 PM Author: Brindle sadistic spot kitty All that’s happening right now is borrowers in default are going to get got which was paused bc of Covid. No “repayments” are restarting, repayment has been restarted for over a year now. The title and article is very misleading. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868193) |
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Date: April 21st, 2025 6:14 PM Author: Twisted Aphrodisiac Crotch covid pausing should have ended by may 2020 he went an entire presidency trying to discharge loans and coddle borrowers as if we are to believe biden would not have extended his theft on american taxpayers to the benefit of his shitlib army of college deadbeats |
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Date: April 21st, 2025 5:53 PM Author: cheese-eating fluffy kitty cat this country is a corrupt dump imo (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868160) |
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Date: April 21st, 2025 5:54 PM Author: talented point roommate 89675408937454803795 (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868161) |
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Date: April 21st, 2025 5:55 PM Author: carmine mother field 180 (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868168) |
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Date: April 21st, 2025 6:04 PM Author: Indigo forum psychic lmao i don't know how i can be any more clear; we are never paying these "loans" back (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868195) |
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Date: April 21st, 2025 6:27 PM Author: Sexy area police squad (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868328) |
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Date: April 21st, 2025 6:49 PM Author: cobalt queen of the night (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868436) |
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Date: April 22nd, 2025 12:22 PM Author: swashbuckling casino (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870758) |
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Date: April 21st, 2025 6:04 PM Author: Brindle sadistic spot kitty PPP loan repayment next. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868197) |
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Date: April 21st, 2025 6:06 PM Author: Spectacular plum striped hyena Running massive fiscal deficits to fund tax cuts for corps/shareholder class Tariffs to increase everyone’s costs, will likely lead to tight job market especially with AI making it easier not to backfill Squeezing spending more by garnishing paychecks and restarting a bunch of debt payments Great recipe for a good economy…
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Date: April 21st, 2025 6:09 PM Author: Brindle sadistic spot kitty (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868220) |
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Date: April 21st, 2025 6:26 PM Author: Sexy area police squad (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868325) |
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Date: April 21st, 2025 6:56 PM Author: Emerald lascivious corner (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868449) |
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Date: April 21st, 2025 8:30 PM Author: twinkling dysfunction theatre (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868743) |
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Date: April 21st, 2025 8:33 PM Author: Black locus background story He's giving $28 billion in corporate welfare to Big Ag to undo the damage his tariffs are causing. No money left over for student loaners hehe
https://www.yahoo.com/news/trump-sends-desperate-message-farmers-182618755.html |
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Date: April 21st, 2025 11:59 PM Author: carmine mother field There shouldn't exist any money for student loaners to begin with (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869416) |
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Date: April 22nd, 2025 8:18 AM Author: Black locus background story Or corporate welfare, especially for self-induced damage (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870059) |
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Date: April 21st, 2025 8:37 PM Author: charismatic lodge cuckold lol at this shareblue word salad. Fuck off obeezy (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868767) |
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Date: April 21st, 2025 9:10 PM Author: Rusted vibrant ticket booth useless brakes Linda Fucking McMahon lecturing about responsibility is the cherry on top (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868913) |
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Date: April 22nd, 2025 8:58 AM Author: aromatic amethyst tank ?? Is Linda McMahon irresponsible or something (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870147) |
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Date: April 21st, 2025 6:09 PM Author: iridescent business firm prole I always think about olives and pickled mushrooms when I hear this word. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868222) |
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Date: April 21st, 2025 6:54 PM Author: coral frozen dragon i wonder what this polls by party split. student loans in america are so fucked up, government subsidizing community college basketweaving degrees the same as MIT physics or whatever with no discrimination based on earning potential (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868445) |
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Date: April 23rd, 2025 1:04 PM Author: iridescent business firm prole Someone just needs to make college basically free, then cut the available seats by about 95% (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48873993) |
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Date: April 21st, 2025 6:55 PM Author: Black locus background story Gunner we need one of your 15,000 word addy fueled screeds licking Trump's nuts (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868448) |
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Date: April 21st, 2025 7:22 PM Author: french newt scourge upon the earth Why even give these deadbeats a 30 day warning? They've had a 5 year warning this was coming. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868527) |
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Date: April 21st, 2025 8:39 PM Author: know-it-all naked chapel they can garnish my unwiped asshold (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868775) |
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Date: April 21st, 2025 8:41 PM Author: Sexy area police squad (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868798) |
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Date: April 21st, 2025 8:39 PM Author: Impertinent Dog Poop Marketing Idea what kind of a fag has student loans in 2025 (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868778) |
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Date: April 21st, 2025 8:40 PM Author: bossy mad-dog skullcap *sprays ranch dressing in ur face* (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868783) |
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Date: April 21st, 2025 8:48 PM Author: walnut fragrant wagecucks 180 pay your debts deadbeats (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868840) |
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Date: April 22nd, 2025 1:31 PM Author: Marvelous fighting church sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871019) |
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Date: April 21st, 2025 8:51 PM Author: slate racy stag film potus How are people in default when you can just do $0 payments on PAYE. I’ve been getting tons of free electronics too using Apple store for education. Free mbp every 3 year on paye and it just adds to the forgiveness, payment still $0 (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868855) |
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Date: April 21st, 2025 11:14 PM Author: embarrassed to the bone trump supporter Explain this flame (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869320) |
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Date: April 22nd, 2025 5:23 AM Author: Brindle sadistic spot kitty This isn’t flame also why idiot XOers are falling for the op. Only people in default have to start paying—normal people have been paying bc repayment has been in effect for over a year. You’d have to be an absolute moron to be in default. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869876) |
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Date: April 22nd, 2025 11:15 AM Author: slate racy stag film potus (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870529) |
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Date: April 22nd, 2025 11:53 AM Author: Metal Floppy Kitchen Fanboi (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870647) |
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Date: April 21st, 2025 9:12 PM Author: light state philosopher-king https://www.youtube.com/watch?v=zA9ExaxrJck (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48868918) |
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Date: April 22nd, 2025 12:13 AM Author: navy incel house 180, completely hard rn reading redditors cry
one even said they can't buy a house anymore. like dude, you shouldn't steal 200k for your overpriced degree and then be able to buy a house when hardworking honest Americans are struggling. |
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Date: April 22nd, 2025 12:16 AM Author: Avocado laughsome becky "hardworking honest American" copping SS disability benefits, VA benefits, and non stop calling rat faced Kike Plaintiff's lolyers over their slip and fall case tp (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869456) |
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Date: April 22nd, 2025 12:19 AM Author: navy incel house there are honestly people who made college decisions based on tuition and financial reasons. people should pay their debt. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869460) |
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Date: April 22nd, 2025 5:26 AM Author: know-it-all naked chapel Sounds like they took a huge gamble based on bad information and wrong assumptions & lost
maybe they should learn how to better assess and manage risk |
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Date: April 22nd, 2025 3:26 AM Author: Deranged sound barrier 180.
Pay back your loans deadbeats |
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Date: April 22nd, 2025 5:38 AM Author: ungodly odious lay lettuce (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48869889) |
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Date: April 22nd, 2025 9:43 AM Author: Heady disturbing degenerate (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870274) |
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Date: April 22nd, 2025 8:17 AM Author: Black locus background story Not a single gunneratttt screed yet. Odd case. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870058) |
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Date: April 22nd, 2025 8:51 AM Author: claret patrolman what are you looking for you deranged pumo? my thoughts on this topic are well known and i align with tt6 said up top. im against this and always have been, idk why you think id lick trumps nuts here. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870120) |
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Date: April 22nd, 2025 9:33 AM Author: Overrated mediation personal credit line sup Obeezy! (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870241) |
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Date: April 22nd, 2025 8:59 AM Author: Citrine fortuitous meteor Good. The broke Trumpmo losers defending "tariffs" deserve to be raped. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870152) |
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Date: April 22nd, 2025 9:21 AM Author: charismatic lodge cuckold so "Trumpmo Losers" are all uneducated high school dropouts while simultaneously holding tons of student loans? that seems inconsistent (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870208) |
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Date: April 22nd, 2025 10:05 AM Author: Citrine fortuitous meteor Plenty of losers have huge amounts of student loan debt (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870329) |
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Date: April 22nd, 2025 10:08 AM Author: charismatic lodge cuckold yes and they mostly vote democrat (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870338) |
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Date: April 22nd, 2025 10:08 AM Author: Citrine fortuitous meteor we all know the deadbeat and degenerate trumpmos on here man, stop coping (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870339) |
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Date: April 22nd, 2025 10:10 AM Author: charismatic lodge cuckold pls rewrite in coherent engrish (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870344) |
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Date: April 22nd, 2025 9:20 AM Author: Heady disturbing degenerate Good. The arguments for debt “forgiveness “ (I.e. everyone else pays your loans for you) are ridiculous. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870204) |
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Date: April 22nd, 2025 9:25 AM Author: Canary Doobsian Mood It seems like if these guys are getting forgiveness to the tune of 25k each or whatever, then everyone else should get 25k in cash (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870217) |
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Date: April 22nd, 2025 9:44 AM Author: Heady disturbing degenerate (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870275) |
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Date: April 22nd, 2025 9:53 AM Author: claret patrolman tom brady got a million in PPP and you guys are irate about proles getting reset to zero. it's conplete crab bucket mentality. bootlicking. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870303) |
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Date: April 22nd, 2025 10:02 AM Author: Canary Doobsian Mood Not at all. I'd just like 25k in cash. I didn't make the mistake those kids did, so why shouldn't I be leveled out with them? |
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Date: April 22nd, 2025 10:05 AM Author: Brindle sadistic spot kitty I should get a PPP loan too though. I didn’t make the mistake of making a business that wasn’t pandemic proof. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870331) |
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Date: April 22nd, 2025 10:05 AM Author: light state philosopher-king 180
Stop being poor, faggot |
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Date: April 22nd, 2025 10:23 AM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870388) |
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Date: April 22nd, 2025 10:59 AM Author: claret patrolman im literally a millionaire and you literally are an alcoholic NEET living at home (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870488) |
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Date: April 22nd, 2025 11:00 AM Author: light state philosopher-king idk man you’re sounding pretty poor and reddit itt (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870493) |
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Date: April 22nd, 2025 11:05 AM Author: claret patrolman thats because youre too selfish and stupid to comprehend how someone could support policy the will negative personal consequences but is better for society overall (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870506) |
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Date: April 22nd, 2025 11:16 AM Author: light state philosopher-king uh no its because you’re a dumb poor redditor (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870530) |
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Date: April 22nd, 2025 11:21 AM Author: claret patrolman smart enough to get into better schools than tufts and provide for myself. how can you live with the cognitive dissonance of calling people deadbeats when you live off charity? (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870538) |
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Date: April 22nd, 2025 11:23 AM Author: light state philosopher-king you literally came into this thread to cry and ask for handouts (because you’re a poor redditor) (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870545) |
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Date: April 22nd, 2025 11:27 AM Author: claret patrolman i dont need handouts, I have seven figure net worth. you literally still have an allowance and bed time. you are not a man. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870559) |
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Date: April 22nd, 2025 11:35 AM Author: light state philosopher-king taxpayers shouldn’t have to foot the bill because you were too busy doing drugs, posting on reddit, and getting buttfucked by shitskin tranny faggots to pay your student loans (why are you so poor?) (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870592) |
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Date: April 22nd, 2025 11:42 AM Author: claret patrolman i'm not. plenty of people have met me here. i'm like median outcome for xo as a umc wagecuck so it's not like i'm bragging. it's just sad and embarrassing for you. but what's really irritation is the hypocrisy.
you are literally a NEET that lives off of familial charity. |
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Date: April 22nd, 2025 11:48 AM Author: light state philosopher-king “i'm like median outcome for xo”
Yes—negative net worth, gay, a mystery meat, horribly insecure, and yammering 24/7 about how White Americans need to pay for your shit
What an accomplishment! Maybe you’ll break out to above median and will publish shitty poetry like spaceporn if you manage to sober up a little |
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Date: April 22nd, 2025 11:51 AM Author: claret patrolman none of this is true but it's funny that you mention spaceporn because even he is able to hold down a white collar job and support a family. so what does that say about you? (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870638) |
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Date: April 22nd, 2025 11:59 AM Author: light state philosopher-king All of it is true
And now you’re dickriding Spaceporn
Just shameful |
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Date: April 22nd, 2025 12:07 PM Author: claret patrolman im pointing out that even spaceporn has a superior life outcome than you. which you realize and thats why youre so angry.
i suggest you try to become a man and if youre unable to just kill yourself. xoxohth. |
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Date: April 22nd, 2025 12:12 PM Author: light state philosopher-king You’re just mad because I’m richer and more intelligent than you and called you out for being a poor fag itt
That doesn’t mean I have to pay for your shit |
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Date: April 22nd, 2025 12:18 PM Author: claret patrolman you went to tufts and are a neet. no, you're neither of these things. i'm far from the richest or smartest guy here, but i'm leagues above you. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870739) |
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Date: April 22nd, 2025 1:26 PM Author: light state philosopher-king Maybe if you stopped being a whiny poor loser you wouldn’t get so mad when I correctly identify you as a whiny poor loser? I’m trying to help you here you’re clearly very distressed (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870999) |
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Date: April 22nd, 2025 1:39 PM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871044) |
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Date: April 22nd, 2025 1:59 PM Author: turquoise disgusting cuckoldry goyim One of the whiniest, most effeminate poasters on this site (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871124) |
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Date: April 22nd, 2025 10:09 AM Author: charismatic lodge cuckold he prob paid it back like you should do with your loans (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870341) |
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Date: April 22nd, 2025 10:23 AM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870391) |
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Date: April 22nd, 2025 10:10 AM Author: Citrine fortuitous meteor the interest rates just got 3% higher, now pay up loancuck (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870346) |
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Date: April 22nd, 2025 10:29 AM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870402) |
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Date: April 22nd, 2025 11:18 AM Author: claret patrolman its illuminating that libs like you and WLMAS support trump only here. your ethos derives from mean-spirtedness which is why you love it when the stock market crashes or theres a school shootings.
just ghoulish people |
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Date: April 22nd, 2025 10:43 AM Author: Heady disturbing degenerate Its immoral to take out debt and refuse to repay it so that everyone else is required to repay it.
I don't support immoral actions.
Whether someone else engaged in an immoral action - and this example of Tom Brady and PPP is not even close, PPP was wrong for other reasons, which is neither here nor there - is irrelevant. |
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Date: April 22nd, 2025 10:58 AM Author: claret patrolman every major moral, legal, and religious framework on earth supports the eventual forgivness of debt. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870484) |
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Date: April 22nd, 2025 10:59 AM Author: Contagious orange set famous landscape painting WRONG, he's jewish (and ur indian). (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870489) |
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Date: April 22nd, 2025 11:14 AM Author: Heady disturbing degenerate Debt can be forgiven only when there is a genuine effort at repaying it. Which would apply to hardly any student loan debtors. The sob stories are total bullshit and the same thing we get with the immigrant stories. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870526) |
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Date: April 22nd, 2025 11:23 AM Author: claret patrolman "hardly applies to any"
yeah baristas holding NYU MFAs are scam artists and being permanently negative NW is all part of their devious plan |
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Date: April 22nd, 2025 12:08 PM Author: Heady disturbing degenerate There are many available jobs that would allow them to earn more than minimum wage. so yes they are choosing to work in a low wage job when they could earn much more. i have the least amt of sympathy for these people given they are intelligent as well. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870707) |
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Date: April 22nd, 2025 12:09 PM Author: claret patrolman theyre not. maybe you should consider that its unlikely people are serving coffee and defaulting on debt just because. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870710) |
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Date: April 22nd, 2025 12:18 PM Author: Heady disturbing degenerate of course its a choice. as if you have to work at starbucks. there are blue collar jobs that will pay double what they are getting at starbucks starting tomorrow and triple what they would be making at starbucks within 5 years.
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Date: April 22nd, 2025 12:25 PM Author: claret patrolman "they're just lazy and need to bootstrap" isn't going to solve the problem. it's the 2025 version of "let them eat cake."
it's bad for society to have a millions of working poors with negative nw. there are many theories on why this happened, but i guarantee that "fuck em bootstraps" isn't going to fix the problem. |
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Date: April 22nd, 2025 12:57 PM Author: Heady disturbing degenerate the problem is that they aren't paying back their loans, not that they have loans. the solution is to garnish their wages.
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Date: April 22nd, 2025 1:04 PM Author: claret patrolman yeah that NYU MFA barista is sitting on fat stacks -- surely we'll be able to recoup these loans by squeezing stones expecting blood. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870923) |
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Date: April 22nd, 2025 4:24 PM Author: Twisted Aphrodisiac Crotch every bit helps you think parents don't get garnished for child support because poor? |
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Date: April 22nd, 2025 3:19 PM Author: Twisted Aphrodisiac Crotch there is a big difference between ppp and student loans, faggeratttt ppp had requirements student loans had requirements no one is asking ppp to be changed at the expense of everyone else
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Date: April 22nd, 2025 9:36 AM Author: charismatic lodge cuckold it made kind of some sense in like 2010 when there were literally no jobs for recent grads and ppl were actually lifefucked. Biden/Obama instead decided to give $ to the banks who caused the crisis and forced the jobless kids to buy private health insurance. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870253) |
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Date: April 22nd, 2025 10:09 AM Author: Multi-colored Address Biden and Kamala forgave all my loans in October. $250K. I never paid a cent. I repaid them by voting for Trump. Now i know what it feels like being a boomer. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870343) |
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Date: April 22nd, 2025 10:27 AM Author: Citrine fortuitous meteor Except all student loans were given to the small business administration, voiding all contracts signed by borrowers before 2025.
I didn’t sign paperwork with the American government, I signed with the DoEd. They can’t change terms without my knowledge or signature, which they did when they gave up the loans.
https://www.reddit.com/r/nottheonion/comments/1k4ofos/involuntary_collection_of_defaulted_student_loans/ |
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Date: April 22nd, 2025 10:50 AM Author: Yapping sepia national One weird trick (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870457) |
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Date: April 22nd, 2025 1:41 PM Author: Marvelous fighting church sweet tailpipe The flag has a gold fringe, this is a court of Admiralty law!! (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871052) |
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Date: April 22nd, 2025 3:52 PM Author: comical salmon box office lol (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48871571) |
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Date: April 22nd, 2025 10:31 AM Author: Contagious orange set famous landscape painting TSINAH!!!! I need you to get the fuck ITT. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870406) |
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Date: April 22nd, 2025 10:44 AM Author: smoky menage foreskin How stupid would you have to be to default instead of getting on an IDR plan (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870445) |
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Date: April 22nd, 2025 10:59 AM Author: Contagious orange set famous landscape painting so ur saying TSINAH is stupid? (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870487) |
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Date: April 22nd, 2025 11:14 AM Author: Brindle sadistic spot kitty This. That’s why this op is weird. How many people default lol. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870527) |
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Date: April 22nd, 2025 10:54 AM Author: Sooty thirsty nursing home pisswyrm This is just pain and misery (necessary) until they stop making the loans (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870468) |
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Date: April 22nd, 2025 11:00 AM Author: Contagious orange set famous landscape painting NOPAYMOS - did you think you could just not pay forever. did you think it was fair that you didn't have to pay even though the guy 1 year before you paid off his loans? do you support socialism? (nopaymos = Trumpmos btw). (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870494) |
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Date: April 22nd, 2025 11:20 AM Author: slate racy stag film potus Everyone on the SAVE plan is on perpetual administrative forbearance until it’s resolved in the courts which could take years. PAYE is $0 payments. That’s why it’s so stupid not to be using the Apple Store for Education hack. Literally a free $2500 laptop every 3 years because it’s just added to the loan and forgiven. I’ve already done it twice. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870535) |
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Date: April 22nd, 2025 11:23 AM Author: Brindle sadistic spot kitty My buddy bought two houses lol. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870544) |
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Date: April 22nd, 2025 11:25 AM Author: slate racy stag film potus (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870552) |
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Date: April 22nd, 2025 11:29 AM Author: Contagious orange set famous landscape painting that's fucking ridiculous if true. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870567) |
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Date: April 22nd, 2025 11:33 AM Author: charismatic lodge cuckold and you ppl wonder why no one has any sympathy for you (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870579) |
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Date: April 22nd, 2025 11:39 AM Author: slate racy stag film potus That’s why this thread doesn’t make any sense. Everyone is making their payments just fine because they’re $0 payments, and those $0 payments count toward forgiveness. Plus all the free apple products. (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870599) |
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Date: April 22nd, 2025 12:04 PM Author: claret patrolman because theyre stupid and just default. and we (collectively) were stupid to fund their underwater basketweaving degrees.
continuing to engage with the farce that theyll ever pay them back just exacerbates the problem |
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Date: April 22nd, 2025 11:35 AM Author: Black locus background story Student loans and rent should both be canceled imo.
Also XBox Game Pass and Reddit Premium subscription fees. |
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Date: April 22nd, 2025 11:37 AM Author: charismatic lodge cuckold ppl should be encouraged to own homes and pursue trades that are productive to society (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870596) |
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Date: April 22nd, 2025 11:38 AM Author: Buff Abode Mental Disorder 180 - the one thing I support in this administration (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48870597) |
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Date: April 22nd, 2025 8:12 PM Author: french newt scourge upon the earth This and deportations are 180.
Come to think of it, deport these deadbeats too. |
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Date: April 22nd, 2025 8:19 PM Author: Buff Abode Mental Disorder CR
but the tariffs are fucking RETARDED and cancel out any benefits from deporting poors and deadbeats |
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Date: April 22nd, 2025 8:23 PM Author: Black locus background story (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48872341) |
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Date: April 23rd, 2025 1:07 PM Author: dashing coldplay fan you will pay (http://www.autoadmit.com/thread.php?thread_id=5714160&forum_id=2#48874005) |