Le Pouls Du Monde

GrrlScientist ⧖ ⓋMillennials' student loan payments skyrocket from $500 to $5000“$5,000 is more than a mortgage payment, that would be a very nice house”<a href="https://mastodon.social/tags/StudentLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoans</a> <a href="https://mastodon.social/tags/Students" class="mention hashtag" rel="nofollow noopener" target="_blank">#Students</a> <a href="https://mastodon.social/tags/millennials" class="mention hashtag" rel="nofollow noopener" target="_blank">#millennials</a> <a href="https://mastodon.social/tags/university" class="mention hashtag" rel="nofollow noopener" target="_blank">#university</a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#politics</a> <a href="https://mastodon.social/tags/FascistAmeriKKKa" class="mention hashtag" rel="nofollow noopener" target="_blank">#FascistAmeriKKKa</a> <a href="https://mastodon.social/tags/fascism" class="mention hashtag" rel="nofollow noopener" target="_blank">#fascism</a> <a href="https://mastodon.social/tags/Nazis" class="mention hashtag" rel="nofollow noopener" target="_blank">#Nazis</a> <a href="https://fortune.com/2025/03/17/millennials-student-loan-payments-skyrocket-donald-trump-administration-changes-department-of-education/" rel="nofollow noopener" translate="no" target="_blank">https://fortune.com/2025/03/17/millennials-student-loan-payments-skyrocket-donald-trump-administration-changes-department-of-education/</a>

Nonilex…As recently as Thurs, WH press sec Karoline Leavitt had assured reporters that, "when it comes to <a href="https://masto.ai/tags/StudentLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoans</a> & <a href="https://masto.ai/tags/PellGrants" class="mention hashtag" rel="nofollow noopener" target="_blank">#PellGrants</a>, those will still be run out of the Dept of <a href="https://masto.ai/tags/Education" class="mention hashtag" rel="nofollow noopener" target="_blank">#Education</a>."After announcing these potential changes to the federal student loan portfolio, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> then said, "Bobby Kennedy, the Health &Human Services [secretary], will be handling special needs," referring to <a href="https://masto.ai/tags/RFKJr" class="mention hashtag" rel="nofollow noopener" target="_blank">#RFKJr</a>. [😱]<a href="https://masto.ai/tags/SpecialEducation" class="mention hashtag" rel="nofollow noopener" target="_blank">#SpecialEducation</a> <a href="https://masto.ai/tags/kakistocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#kakistocracy</a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://masto.ai/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#law</a> <a href="https://masto.ai/tags/FederalAgencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#FederalAgencies</a> <a href="https://masto.ai/tags/regulation" class="mention hashtag" rel="nofollow noopener" target="_blank">#regulation</a> <a href="https://masto.ai/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a>

NonilexMultiple sources at <a href="https://masto.ai/tags/FSA" class="mention hashtag" rel="nofollow noopener" target="_blank">#FSA</a> who could not speak publicly for fear of <a href="https://masto.ai/tags/retribution" class="mention hashtag" rel="nofollow noopener" target="_blank">#retribution</a> said they were blindsided by the news.Logistical challenges aside, the role of the office of Federal <a href="https://masto.ai/tags/Student" class="mention hashtag" rel="nofollow noopener" target="_blank">#Student</a> <a href="https://masto.ai/tags/Aid" class="mention hashtag" rel="nofollow noopener" target="_blank">#Aid</a> as the administrator of the <a href="https://masto.ai/tags/StudentLoan" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoan</a> portfolio is protected by <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#law</a>. It's not clear how these responsibilities could be <a href="https://masto.ai/tags/legally" class="mention hashtag" rel="nofollow noopener" target="_blank">#legally</a> moved w/o a vote of <a href="https://masto.ai/tags/Congress" class="mention hashtag" rel="nofollow noopener" target="_blank">#Congress</a>. [not that <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> cares]<a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://masto.ai/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#law</a> <a href="https://masto.ai/tags/FederalAgencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#FederalAgencies</a> <a href="https://masto.ai/tags/Education" class="mention hashtag" rel="nofollow noopener" target="_blank">#Education</a> <a href="https://masto.ai/tags/StudentLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoans</a> <a href="https://masto.ai/tags/regulation" class="mention hashtag" rel="nofollow noopener" target="_blank">#regulation</a> <a href="https://masto.ai/tags/kleptocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#kleptocracy</a> <a href="https://masto.ai/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a>

NonilexIn a statement, <a href="https://masto.ai/tags/KellyLoeffler" class="mention hashtag" rel="nofollow noopener" target="_blank">#KellyLoeffler</a> said, "As the government's largest guarantor of business loans, the <a href="https://masto.ai/tags/SBA" class="mention hashtag" rel="nofollow noopener" target="_blank">#SBA</a> stands ready to deploy its resources & expertise on behalf of America's <a href="https://masto.ai/tags/taxpayers" class="mention hashtag" rel="nofollow noopener" target="_blank">#taxpayers</a> & <a href="https://masto.ai/tags/students" class="mention hashtag" rel="nofollow noopener" target="_blank">#students</a>."But those resources are about to take a big hit as well, as the SBA also announced on Friday that it plans to cut its workforce by more than 40%.[a “break it then say it should be shut down because it’s broken” philosophy]<a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://masto.ai/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#law</a> <a href="https://masto.ai/tags/kleptocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#kleptocracy</a> <a href="https://masto.ai/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a> <a href="https://masto.ai/tags/StudentLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoans</a>

Nonilex<a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> said he would move <a href="https://masto.ai/tags/StudentLoans" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoans</a> "out of the Dept of <a href="https://masto.ai/tags/Education" class="mention hashtag" rel="nofollow noopener" target="_blank">#Education</a> immediately" & that <a href="https://masto.ai/tags/KellyLoeffler" class="mention hashtag" rel="nofollow noopener" target="_blank">#KellyLoeffler</a> & her staff are "all set for it. They're waiting for it. It'll be serviced much better than it has in the past. It's been a mess."~8M federal <a href="https://masto.ai/tags/StudentLoan" class="mention hashtag" rel="nofollow noopener" target="_blank">#StudentLoan</a> borrowers are in <a href="https://masto.ai/tags/legal" class="mention hashtag" rel="nofollow noopener" target="_blank">#legal</a> limbo, not making loan payments, as <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#Biden</a>-era repayment plans were frozen by a judge for being *potentially* illegal. Borrowers also can't currently enroll in the govt's income-driven repayment plans….<a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#law</a>

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