this post was submitted on 18 Mar 2025
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A Boring Dystopia

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[–] El_Azulito@lemmy.world 9 points 1 day ago (5 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.

[–] endeavor@sopuli.xyz 17 points 1 day ago

You are post world war germany. Namely 1933. Wake up.

[–] LordPassionFruit@lemm.ee 17 points 1 day ago

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.

[–] MetaCubed@lemmy.world 21 points 1 day ago (1 children)

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

[–] Knock_Knock_Lemmy_In@lemmy.world 3 points 1 day ago (2 children)

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

It doesn't explain why the increases have happened.

[–] MetaCubed@lemmy.world 3 points 1 day 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.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 12 hours ago

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

[–] Hiro8811@lemmy.world 1 points 1 day ago (1 children)

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.

[–] shaggyb@lemmy.world 6 points 1 day ago (1 children)

The fact that it's bad doesn't make it impossible.

[–] PresidentCamacho@lemm.ee -1 points 1 day ago (1 children)

No, but it sets off "potential bs" alarms. It doesn't matter whether you agree or disagree with it, headlines tend to misrepresent for clicks, this is just the truth.

[–] shaggyb@lemmy.world 1 points 1 day ago (1 children)

It makes me uncomfortable when people suffer so I just pretend their suffering isn't real when it challenges me.

FTFY

[–] PresidentCamacho@lemm.ee 0 points 1 day ago* (last edited 1 day ago) (1 children)

Interesting, see I would have translated it as

I don't just believe all of the shit I read on the internet because I don't have my head a mile up my own ass

But i suppose I'm not fluent in lemming so what do i know.

[–] shaggyb@lemmy.world 1 points 11 hours ago (1 children)

Maybe if you were fluent in English you could have said what you meant in one attempt.

[–] PresidentCamacho@lemm.ee 0 points 3 hours ago* (last edited 2 hours ago)

it sets off “potential bs” alarms

Pretty clear to me, I guess my problem was assuming I was speaking to another adult, and not a child who would react to a made up perception of what I meant instead of the words I actually said. Exactly like the kind of person who just believes every headline they read as long as it aligns to their values.

[–] otarU1921@lemmy.world 1 points 1 day ago* (last edited 1 day ago)

My university costs increased over the years to almost double of what I paid on the first years, I wasn't on debt, the cost of monthly payments just increased every semester.