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62% of Student Loan Borrowers Say They're Likely to Boycott Repayments
(www.commondreams.org)
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this post was submitted on 17 Aug 2023
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I think this is an example of what people say in surveys being drastically different than what they'll do in reality.
Today's phrase is "garnish your wages." If their protest doesn't involve moving to another country it's not going to happen. I've thought about it too, but my contingency,for that definitely involves moving to Scandinavia.
Ah bullshit. Civil rights weren't achieved by threatening to leave and not be the oppressor's problem anymore, they were achieved by standing ones ground damned the consequences. No one wants to be a martyr, but that's how battles are unfortunately won, especially against today's brand of fascists.
Can't garnish imaginary wages [̲̅$̲̅(̲̅ ͡° ͜ʖ ͡°̲̅)̲̅$̲̅]
Then people will just take their checks through an LLC and be independent contractors. Or go into business for themselves. Or just revolt.
The last one is the most worrisome.
The last one is the one we need the most.
That's partly why it's so worrisome. 10 years ago, it would have meant something, but now it's too late, and I fear now it will only negatively contribute to climate collapse and cause the genocide we hope to avoid.
I think it might be too late to save the country and we all ought to get several state governments to secede... and if a civil war brews because of that, then it would at least have some semblance of a positive outcome.
More of this. It's time for mass protests instead of complaining and then working a 9 to 5 and browsing Instagram.
Fucking exactly.
The US government: let's enable the economy to get to the point where it's basically impossible for young people to even participate in society.
Also the US government: damn, why do people keep going on suicidal mass shootings? If only there was anything we could do about it.
Exactly
Leave. The. Country.
I'm so glad you're willing to sponsor people who want to leave the US, when can I expect the check?
Read my other comments on it. You can get well more then enough to move from the gov (unemployment/food stamps/etc)
Exactly, they’d be ruining their credit scores.
Oh NOES anything but THAT.
Ppl need to know that student loans (federal or private) and medical related debts don't impact your credit scores nearly as much as say private loans, mortgage, auto loan, etc.
LOL who tf cares about their american credit score
People who want to buy a house...
Most of them are never going to be able to afford a house.
Can’t even rent without a credit score a lot of the time
Right so we should ruin their credit scores so it gets harder to rent (yes rental agencies check) or buy a car (even if they get one, their interest rate will be super high). Better we just fuck people over since they can't afford a house, right?
Fr
My credt score is not a choice. Its something i have to deal with.
Leave the country. Rent a house there instead.
Ok so I'll move to Ireland, since they speak English and I could keep my job I'm sure I'll have much better luck renting there XD. Go away troll
Lemmy.world kids will never understand the actual world and how it works..
You can't just all complain you're getting fucked AND agree to all do nothing about it. The rest of the world is watching and laughing at the USA right now.
Don't pay your American banks, there is nothing stopping you from doing that.
You say kids, but you're talking about people who are mostly mid 20s-40s. Exactly how old are you, geezer?
20-40s who can "afford to move" should have already done so. Boiling frogs, just sitting there. Owe 80k to Chase Bank? Just. Fucking. Leave.
Many people can't afford to move. When were you born? Just give me a decade. You sound like a Boomer. Born into a fantastic economic situation, ruining it for the future, and then sitting on the sidelines with stupid fucking opinions
Calling an outsider looking in, a "boomer," doesn't help the situation. My 25-30s were spent just-fucking-escaping that cesspool. Again, if you owe more than say.. 10k, it makes more sense to take your diploma to another country.
10k is way more money than it takes to get to Canada, Germany, France, Spain, Australia, anywhere really. Every single other "industrialized" nation pays for their citizens healthcare because it's cheaper in the long run.
If you can find a SEA country that will take you? Even more power to you.
Don't see the world from your own lemmy.world myopic-viewpoint. Big, big banks' collateral will be fucked when these types of loans all collapse and get downgraded by fitch(/etc). Not paying will just shorten the fuse for these trillion $ orgs.
For one, you dodged the question. For two, wanna float me 10+ grand? Promise I'll pay it back in social security. I already started payment so you know I'm good for it.
Edit to add (since you're probably too old to understand acronyms): How old are you? You've failed to answer this question
Take 100% of what unemployment will pay you for 5-6 weeks. Depends on the state, but this gave me 5.6k. Hunker down and eat staple foods. Even during inflationary times, you can get by pretty cheaply on rice/chicken/eggs.
Take out a loan with an American ~~country~~ company. If they lent you 100k for school, maybe Sofi or some other online bank would give you 20k. Now prepare to move anything you care about to your destination.
UHAUL's long term rentals are very cheap (esp if you have a hitch already and can tow it yourself). If you don't have a car, that might be a good first step with the 25.6k if you're thinking of Canada.
If you're thinking EU, you're going to make sure you can get a visa to where you're going. Also sell most of your heavy items, as you're going to want to just buy those heavier objects when you get there. Treat items like a price/density ratio and try to keep sentimental things over "I want to be cool" items like heavy computers or other electronics.
Ok sorry for being so flip, this is decent advice. Just stop eating avocado toast and you'll own a house, guys!!! Just listen to this man!!!1!1!1
Getting a passport in the states is the biggest hurdle. Be very specific and follow instructions or they will send it back weeks later saying to fix something (try again). Currently their website lists a "record number" of requests of people trying to leave. :/
Something like 10-13 weeks to get a passport...?, USA needs to step tf up
I have a passport already, my work paid for it. That's not the issue. The issue is that student loans are burdening people in an unmanageable way. Once the payments start kicking in, I'll be fine, but many people won't. Should they have not got useless degrees, Ya. But they don't deserve to suffer for it when everyone told them to choose whatever they want. But that shouldn't haunt them for the rest of their lives. I'm done arguing, so this is my opinion. Agree or not, that's fine
Disengage comrade
I have family here asshole. Im not leaving my nieces.
You're a coward for even thinking that is a real option for most people.
What’s the un-cowardly response to financial oppression by your own government?
Mass non-compliance
Buy a house in a different country then if you can afford it.
I think you underestimate how many people simply can't pay their loans at all