Summary

Student loan borrowers fear worsened conditions under Donald Trump, who has criticized debt relief and oversaw a 99% rejection rate for Public Service Loan Forgiveness (PSLF) during his first term.

Many borrowers remain in limbo awaiting forgiveness, while others struggle with ballooning debt despite decades of payments.

Borrowers expect Trump to scale back or eliminate relief programs initiated by Joe Biden, which have forgiven $166.5 billion in loans.

Critics highlight flaws in the existing system, calling it a “nightmare” for those seeking relief.

  • Someonelol@lemmy.dbzer0.com
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    6 days ago

    They did it because they were beaten over the head with it by parents, teachers, and role models since day one. They were always told to do it or otherwise they’ll end up a faillure of society. Higher education used to be free or really cheap back in the day but thanks to our ultracapitalist system we’re ending up with a bunch of college graduates with a cruel amount of student debt in a saturated worker pool.

    Regardless of what you think, a highly educated populace is good for society and they deserve to not be burdened with debt for most of their adult lives. I’d gladly let my taxes go to student debt relief over giving petroleum corporations and defense contractors free cash.