A Boring Dystopia

11399 readers

224 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 2 years ago

MODERATORS

[email protected]

476

Millennials are watching monthly student loan payments skyrocket from $500 to $5000 under Trump: This will ‘crash the economy’ (fortune.com)

submitted 1 week ago by [email protected] to c/[email protected]

194 comments fedilink hide all child comments

Paywall removed https://archive.is/cHSpA

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 19 points 6 days ago (15 children)

$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.

[–] [email protected] 21 points 6 days ago (5 children)

I mean... There's a full article explaining the cause for the increases, it's not like there's no reasoning provided.

[–] [email protected] 5 points 6 days ago (4 children)

The article says the loan costs have increased and gives lots of examples.

It doesn't explain why the increases have happened.

[–] [email protected] 3 points 5 days ago (1 children)

Try again. It's the 4th paragraph.

Last month, a federal judge blocked the Biden administration-era SAVE plan, an income-driven student loan replacement program with 8 million borrowers, claiming it lacked the authority to forgive millions of dollars in debt. In response, the Trump administration paused all applications for income-driven repayment plans and online loan consolidation, leaving some borrowers in limbo struggling to make ends meet.

[–] [email protected] 1 points 5 days ago

But that's new applications. It doesn't explain why existing loans have increased.

load more comments (2 replies)

load more comments (11 replies)