this post was submitted on 28 Feb 2025
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Summary

The Trump administration has quietly removed online applications for income-driven student loan repayment plans, creating confusion for borrowers.

This follows a federal appeals court decision pausing Biden’s Save program, which aimed to forgive student debt after 10 years of payments.

Critics argue the removal was unnecessary and could cause financial hardship for millions. The Department of Education did not announce the change, instead posting a banner on its website.

Advocacy groups call the move “cruel” and accuse Trump of increasing financial strain on working families.

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[–] GuyFawkes@midwest.social 2 points 4 hours ago

Class action time

[–] dogslayeggs@lemmy.world 20 points 1 day ago (2 children)

This is a huge topic in the veterinary community right now. They have multi-hundreds of thousands in loans and are on income-based repayment plans that take 20 years or more to pay back. Many are being told that they will be moved to a 10-year fixed repayment at the next review cycle.

Imagine going to school for 12 years, having $250,000 in ONLY school debt (ignoring any house/car debt). You are on a plan to pay off your debt based on how much you can actually afford, which for some is around $500-$800/month. Now, a new president comes in and says your effort to be financially stable and work towards the future is dumb, so pay it back at $2500/mo instead. You don't need a car or mortgage or childcare, right?

[–] FauxLiving@lemmy.world 1 points 11 hours ago

Jokes on them, I wasn't paying that shit anyway.

Take it out of my social security, should such a thing exist when I retire.

[–] conditional_soup@lemm.ee 7 points 1 day ago

Silly proles, education is for the nobility

[–] Darkard@lemmy.world 37 points 1 day ago (1 children)

Financial strain on working families? Access to education made more difficult?

Congratulations, you are being made a capitalist slave. Please do not resist.

[–] dontbelasagne@lemmy.world 10 points 1 day ago

being made? We are all capitalist slaves, there is no one to make a slave when everyone is born in slavery.

[–] TransplantedSconie@lemm.ee 41 points 1 day ago

called the move cruel

Ah. There it is. The lifeblood of the MAGAots.

[–] Confused_Emus@lemmy.dbzer0.com 7 points 1 day ago (2 children)

I’m sure those of us already on the SAVE plan will be receiving our notice of unlubed surprise buttsex soon enough.

At this point I am not sure if I am glad I switched to SAVE or I wished I hadn't 🤷‍♂️ probably doesn't matter.

yeah but biden did not do enough with the debt relief so kamala had to go /s