By the numbers: U.S. #spending fell by $20.5 #billion, or 36%, from the second half of #2024 in what the firm calls a response to the #US #presidential #election.
- It was the steepest drop of any country.
So keep talking about the #Economy #food #rent #mortgages, Carloans #studentloans #food #groceries #healthcare #education #clothing #internet #electronics #middlecalss #maga #gop #republicans #politics #congress #midterms
We asked 5 popular AI models: "What's the best student loan?" Each offered general advice, none provided the complete answer. Families deserve more clarity when planning how to pay for college.
#studentloans
https://thecollegeinvestor.com/62329/which-ai-tool-gives-the-best-student-loan-recommendations/
Just how unpopular is Trump's gestapo?
They're now bribing people to join ICE with student loan forgiveness, while taking it away from everyone else. Plus a $50,000 signing bonus.
Who is losing the possibility of student loan forgiveness, supposedly available since 2007?
People who take jobs in nonprofits serving the needs of immigrants & transgender youth because these are "activist organizations that not only fail to serve the public interest, but actually harm our national security and American values, sometimes through criminal means.”
https://theintercept.com/2025/08/02/student-debt-loan-forgiveness-ice-agents/
@rbreich Student borrowers have suffered for decades under the government’s predatory loan schemes. I’ll still be making payments in my 70s - but sign on to terrorize immigrant families and get loan forgiveness? While teachers, nurses, social workers, secretaries make the f—king payments until the grave??? #StudentDebt #studentloans #ICE #fascism
Trump hates helping Americans, esp those he considers "woke," unless they help him monetize the presidency.
"Trump paused student-loan forgiveness for nearly 2 million borrowers on income-based repayment plans."
BUT, in order to achieve his goal of making America more white by removing millions of #immigrants from the US, he's
forgiving the loans of people who go to work for #ICE.
#Racism #WhiteNationalism #Deportations #StudentLoans #PoliceState #Protest #DHS #USPol
https://www.businessinsider.com/student-loan-forgiveness-paused-ibr-trump-halts-borrower-debt-relief-2025-7
#WSJ - 15% The decrease in the number of #job postings to #entrylevel job-search platform Handshake this school year compared with last year, while the number of applications per job rose 30%. Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now #AI can do a lot of that, jeopardizing an already precarious job #market for #college #graduates. #economy #trump #artificialintelligence #OpenAI #education #studentloans #debt
So, no more #StudentLoanForgiveness, apparently. My supervisor asked, "WTF are they thinking?! First Public Television and now this?"
I replied, "They are trying to demoralize us. Plain and simple."
Here's what students, K-12 schools, and colleges can expect now that "One Big Beautiful Bill" is officially law:
•K-12 #school vouchers are going national (sort of)
•Loss of Medicaid funds to K-12 schools
•Cuts to food assistance & school meals
•Increase to the #ChildTaxCredit
•Big changes to federal #StudentLoans
•Changes to #PellGrants for low-income students
•An accountability earnings test for colleges
•Higher #tax on #college endowments
https://www.npr.org/2025/07/18/nx-s1-5459784/trump-school-college-student
Student-loan borrowers are at high risk if Trump dismantles the Department of Education, 11 organizations told Elizabeth Warren
https://www.businessinsider.com/how-trump-education-cuts-impact-student-loan-borrowers-elizabeth-warren-2025-7
In a totally #propaganda laden statement Secy of #Education #LindaMcMahon wrote, “For years, the Biden Administration used so-called 'loan forgiveness' promises to win votes, but federal courts repeatedly ruled that those actions were unlawful. Since day one of the Trump Administration, we've focused on strengthening the student loan portfolio and simplifying repayment to better serve borrowers."
#StudentLoans interest charges to kick back in for roughly 8 million borrowers
Interest charges will return on Aug. 1 after a yearlong pause on payments.
Roughly 8 million student loan borrowers will see their interest charges restart next month, #Trump Dept of #Education announced Wednesday.
Borrowers on the #Biden-era Saving on a Valuable Education Plan — about 7.7 million people — will have interest charges return on Aug. 1 after a yearlong pause on payments.
#law
https://abcnews.go.com/Politics/student-loan-interest-charges-kick-back-roughly-8/story?id=123611422
more Bremmer:
"If you’re 25, saddled with #studentloans, priced out of #housing, and watching Trump cut the social safety net you’re paying into to fund #taxcuts for his billionaire friends and cronies, soaking the rich increasingly looks not just like common sense but like #selfdefense. It’s no wonder #Mamdani’s message resonated."
People with student loan debt are more likely to vote, donate to candidates, and participate in other forms of political action than their counterparts without student loan debt.
So let's see where we are at -
1. #AI means fewer #whitecollar jobs
2. Ending #studentloans cancellation means #education is more #expensive
3. #healthcare is more expensive
4. #tariffs means stuff is expensive
5. #deportation of #labor means #housing #food #water #energy expensive
6. #climatechange means #insurance is expensive plus actual #loss
What should the #youth look forward to?
#democrats any ideas? Anyone?
"The reason behind #racism. Racism in America. #PanAfrican "
#TheGremlinZoo #Budget #GOP #StudentLoans
Student loan caps could hit minorities, low-ranked law schools the hardest
"President Trump’s policy agenda would make deep cuts in government health plans and medical research, and, critics say, could also make finding a doctor more difficult. The Republicans’ major domestic policy bill restricts loans that students rely on to pursue professional graduate degrees, making the path to becoming a physician harder even as doctor shortages loom and the American population is graying."
https://www.nytimes.com/2025/06/09/health/trump-budget-student-loans-doctors.html
Trends in consumer credit health as student loan payments resume https://www.byteseu.com/1081800/ #ConsumerCredit #Health #PresidentSilvioTavares #StudentLoans #VantageScore
Social Security payments could shrink as much as 15 % in June, to as low as $750 per month, for some recipients who owe student loans, after the Trump Administration made a rule change.
An estimated 450K people over age 62 could be affected.
You can contact the government's Default Resolution Group and pursue several different avenues to get out of default, including enrolling in an income-driven repayment plan.
"If Social Security is their only income, their payment under those plans would likely be zero," president of non-profit The Institute of #StudentLoan Advisors said.
https://myeddebt.ed.gov/
Rule change notice: https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment
Credit scores crash after student loan payments resume nationwide https://www.byteseu.com/1062587/ #Biden #Credit #CreditReportingU0026Monitoring #Debt #DebtManagement #Department #donald #DonaldTrump #economy #EconomyNews #EDUCATION #joe #JoeBiden #Loans #Management #monitoring #Negative #News #of #Overall #OverallNegative #reporting #Student #StudentLoans #trump #U.S. #U.S.DepartmentOfEducation #u0026
