return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 day agoMillennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’fortune.comexternal-linkmessage-square136fedilinkarrow-up1357arrow-down14file-textcross-posted to: news@lemmy.world
arrow-up1353arrow-down1external-linkMillennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’fortune.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 day agomessage-square136fedilinkfile-textcross-posted to: news@lemmy.world
minus-squareEl_Azulito@lemmy.worldlinkfedilinkarrow-up14arrow-down7·10 hours ago$5000? …A month? A sudden rate increase 10 times the agreed amount? This smells like rage bait. We are not in post-World War I, Germany, yet.
minus-squareendeavor@sopuli.xyzlinkfedilinkEnglisharrow-up8arrow-down1·1 hour agoYou are post world war germany. Namely 1933. Wake up.
minus-squareLordPassionFruit@lemm.eelinkfedilinkarrow-up8·2 hours agoMy partner was eligible for ~$750 per month repayments under a Biden era plan that Trump scrapped. They now have to pay ~$4300 per month. The headline isn’t far off.
minus-squareshaggyb@lemmy.worldlinkfedilinkarrow-up3·3 hours agoThe fact that it’s bad doesn’t make it impossible.
minus-squareMetaCubed@lemmy.worldlinkfedilinkarrow-up16·7 hours agoI mean… There’s a full article explaining the cause for the increases, it’s not like there’s no reasoning provided.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up3arrow-down1·5 hours agoThe article says the loan costs have increased and gives lots of examples. It doesn’t explain why the increases have happened.
minus-squareHiro8811@lemmy.worldlinkfedilinkarrow-up1·5 hours agoMaybe cause of the 5trilion the US market has lost?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up3arrow-down1·4 hours agoI don’t see the connection between the stock market falling and student loans being more expensive.
$5000? …A month? A sudden rate increase 10 times the agreed amount? This smells like rage bait. We are not in post-World War I, Germany, yet.
You are post world war germany. Namely 1933. Wake up.
My partner was eligible for ~$750 per month repayments under a Biden era plan that Trump scrapped. They now have to pay ~$4300 per month. The headline isn’t far off.
The fact that it’s bad doesn’t make it impossible.
I mean… There’s a full article explaining the cause for the increases, it’s not like there’s no reasoning provided.
The article says the loan costs have increased and gives lots of examples.
It doesn’t explain why the increases have happened.
Maybe cause of the 5trilion the US market has lost?
I don’t see the connection between the stock market falling and student loans being more expensive.