Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Johnny2X2X

(24,383 posts)
1. The gravity of how much the GOP screwed up Student Loans isn't being discussed.
Tue May 5, 2026, 01:20 PM
17 hrs ago

They doubled people's payments. Biden had a plan in place that allowed people to pay their loans back with reasonable payments based on their incomes. Trump more than doubled those payments and millions of borrowers are scrambling or going into default. in the process they literally raised my interest rate that I had agreed to decades ago.

There are people who will pay every month for their whole lives now and at the end still owe more than they borrowed.

And they screwed students on the front end too limiting grants and changing the requirements to qualify for full time to more credits.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Student debt. Thanx (with...»Reply #1