444
62% of Student Loan Borrowers Say They're Likely to Boycott Repayments
(www.commondreams.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Aug 2023
444 points (94.9% liked)
News
22507 readers
4305 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
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