I think this is an example of what people say in surveys being drastically different than what they’ll do in reality.
Today’s phrase is “garnish your wages.” If their protest doesn’t involve moving to another country it’s not going to happen. I’ve thought about it too, but my contingency,for that definitely involves moving to Scandinavia.
Ah bullshit. Civil rights weren’t achieved by threatening to leave and not be the oppressor’s problem anymore, they were achieved by standing ones ground damned the consequences. No one wants to be a martyr, but that’s how battles are unfortunately won, especially against today’s brand of fascists.
That’s great and all, but the government doesn’t really care how they get their money just that they get it. If they want to they will take it from your paychecks (garnished wages). The only way to avoid this is to not have income, work under the table, or move out of country. No amount of refusing to pay will change that. (mass movements/ mass striking might though)
Can’t garnish imaginary wages [̲̅$̲̅(̲̅ ͡° ͜ʖ ͡°̲̅)̲̅$̲̅]
Then people will just take their checks through an LLC and be independent contractors. Or go into business for themselves. Or just revolt.
The last one is the most worrisome.
The last one is the one we need the most.
That’s partly why it’s so worrisome. 10 years ago, it would have meant something, but now it’s too late, and I fear now it will only negatively contribute to climate collapse and cause the genocide we hope to avoid.
I think it might be too late to save the country and we all ought to get several state governments to secede… and if a civil war brews because of that, then it would at least have some semblance of a positive outcome.
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More of this. It’s time for mass protests instead of complaining and then working a 9 to 5 and browsing Instagram.
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Fucking exactly.
The US government: let’s enable the economy to get to the point where it’s basically impossible for young people to even participate in society.
Also the US government: damn, why do people keep going on suicidal mass shootings? If only there was anything we could do about it.
Exactly
Leave. The. Country.
I’m just confused as to why it’s all fine and dandy that PPP loans were all forgiven regardless of the corrupt practices used for disbursement, but student loans, which impact the economy as a whole far more than PPP ever will, is a must repay.
A lot of wealthy people benefited from PPP loans including House and Senate members, that’s why.
Because Republicans will fight so that the rich can get richer by getting handed free money, and Republican will fight so that the working class has to pay back every cent.
Please remember that the Dems are doing this too. Neither party is our friend here.
The opposite is the truth. If Republicans were as supportive of student debt reform as Democrats were, we would have a major reform bill of some form passed and signed. Maybe it wouldn’t be cancellation, but interest free student loans would probably be a thing.
Democrats may disagree and aren’t universally behind cancellation, but didn’t have enough votes by themselves anyways to make anything happen. Biden tried to enact his personal proposal through executive order, but that got shut down by Republican justices.
So. No. It’s not a both parties thing. It’s one sided. And if you aren’t willing to tell the truth about that, then I have to wonder about your motivations and what you seek to do.
Dems aren’t your friends but the GOP is fascist and we don’t vote for fascists ever. So slag off with the slander.
You can work with people who aren’t your friends towards some goals. You can’t ever work with fascists who want you dead.
Well one big difference is that PPP loans were a one time thing, they are gone now and not coming back for a very long time.
If you paid off all student loans today, there would be more tomorrow, and every day after that. If we do it once, we basically have to keep doing it until school is completely paid for and student loans are no longer a thing.
Forgiving student loans just has a much bigger and longer lasting financial obligation than one time PPP loans.
It didn’t seem to be an issue when previous generations went to college essentially for free.
The problem is that we never bothered to create a system where free education would actually work.
Producers always like to sell their goods for as much as they can get. Normally, a consumer looks at a product, decides if it’s worth the price and then either buys it or doesn’t. If prices are too high, producers are forced to lower them to stay in business.
The current system essentially created a 3 way business transaction that guarantees runaway education costs.
The universities provide a service. It’s really hard to determine the value of that service since there isn’t a liquid market for “an education” or “a Harvard degree” that you can easily look up.
The government then says they’ll cover a percentage of that cost. This is a bit tricky. A normal subsidy is effectively a paying a fraction of the cost. Once you introduce loan forgiveness, either as a frequent or guaranteed event, that fraction effectively goes to 100%.
The student is getting a degree of unknown value but since they don’t have to pay (at least not the whole thing) they’ll just agree to the purchase, even if they don’t personally think the good is worth as much as the provider is charging. There’s no reason to if someone is picking up the bill.
The universities see that their price elasticity of demand (how much their sales suffer when they overcharge) is essentially 0. That means they can raise them with impunity. The end result is that Universities can essentially help themselves to large government grants without any requirement to show the public how we benefit from those grants.
If we consider education to be a public good then we should treat it as such. That would mean that we cancel the student loan program, get rid of tax subsidies for educational institutions and just have the federal government create a competing educational system. Take the money we’re spending on outsourcing education to the private sector and add to it. For the system to work it would need to attract top tier professors and that means good research facilities and salaries. It’s not a complicated idea but it would be a massive undertaking.
As a bonus we’d get some great initialisms. The federal universities would obviously be the FU system. State campuses might have names like FUNY and FUCA.
Is it really a boycott if you simply can’t make the payments?
Not that I mind.
I’ve been boycotting mine for years.
Boycotting only works when there is a noticeable financial hit to the producer. The federal government is not going to notice this. This can be good for campaigning though. Tell people that the reason they are not getting some forgiveness is because Republicans are doing everything they can to block it. Send out some flyers to everyone who has a federal student loan with a list of every Republican official who has had a PPP loan forgiven.
Don’t pay those fuckers a dime
"And with enough evaders,
Escaping from the game,
The rule becomes an empty shell
That rules in only name…"
- Leslie Fish, “Zero Game”
I’m considering not paying as long as they’re doing the “ease you back into it” stuff like not reporting to credit agencies or garnishing wages. Seems essentially like a forbearance without the interest freeze. It really just depends on what my new payments end up being. But until that dog gets its teeth back, Nelnet can have what’s left after I pay my actual bills and buy my weed.
Drugs before keeping promises is my motto too!!
Definitely not a “too” in this situation. I still handle my responsibilities.
I was with you until you said buying weed comes first. Lol fucking retards all of you.
Some of us need it for medical reasons. Like severe pain.
No, I said paying my actual bills first. AND buying weed. Now go lick on nelnet’s tasty boot “r-tard”.
Don’t worry, they just can’t read.
Let’s all do this with our mortgage payments
They will take your house. As someone else said, with student loans there is no collateral. With a mortgage, your home is collateral, so you will forfeit it.
Bad move; the house is collateral. The bank can’t foreclose on an education, they definitely can take the house.
Nope, but they sure can garnish wages, claiming they’re entitled to it since they paid for the education that lead to the job
Yeah after multiple trials and appeals.
They can take my diploma but I do t want them to take my house
Let’s get those numbers up, I’m not paying.
Great news we are now at 62.0001%
Not from America so please someone explain to me, I read Biden wanted to forgive student loans but somehow it didn’t get through. Sure it would be much better if the loan is forgiven, but now it is not, shouldn’t you still pay back what is owned? They really think they can just not pay and expect no consequences?
These loans are out right predatory. I was offered a 12% interest rate 7 years ago and have friends who’ve been offered 16%!!!
Yes you can say just don’t sign it, but we’re 17 years old we can’t comprehend how much affect a 16% interest rate will have on you in 8 years and you’ve been told all your life college is the goto life path and you have to do this to get a “good job” and live a good life.
I agree we should payback the money we loaned, but taking advantage of genz via predatory loans for wanting a higher education is downright criminal in itself.
He didn’t want to. He wanted to go thru the motions. If this mattered he would have executive ordered it and forced Congress to override. Even the Supreme Court can’t force the federal government to collect a debt/tax. And given the state of Congress there was no way Congress would override it.
This. For all the shit he did, Trump expanded the executive powers through EO more than any modern president ever has. Biden could have 100% EO’d student loan forgiveness, damned the consequences but chose not to.
Biden not only wanted too, but he made sure he had a backup plan. He found a loophole in Clinton era legislation that allows a president to create income based repayment plans. It’s not quite forgiveness, but it’s the best he can do with Republicans controlling the house. https://apnews.com/article/student-loans-debt-college-cancellation-forgiveness-34152bb5000128a413efd2287887a37a
If you want true loan forgiveness, vote Democratic.
The Democrats controlled both the house and the Senate for a time and didn’t get it done, or am I misremembering the Democrats controlling both?
When you take Sens Manchin & Sinema into concideration, their control was very weak. It’s a miracle the got the IRA done. It was a big F*ing deal.
Sounds like a good way to have your wages garnished.
So don’t pay and make them work for it.
With the labor shortage right now it would be expensive for loan collectors to hire enough workers to track down and force payments if people stop paying on a large scale.
Only for government-issued loans, I believe. Private loans won’t go into auto-garnishing unless you agree to it.
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I’m really glad I’m not going through this now, but I would boycott if I were. I fully support these people and hope to goodness they get the relief they need!
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