#studentloans

10 posts · Last used Jul 31

RE: https://thelounge.network/@LogicalApex/117015592498964606 indentured servitude is #slavery by #debt. #healthCare tied to #employment is an engineered debt. the usa health care by employment is a form of indentured servitude. in other words: EMPLOYMENT IN THE UNITED STATES IS A FORM OF DEBT SLAVERY. doubly so if you have debt by #studentLoans. #PuertoRico outlawed debt slavery because post-slavery plantation workers were locked into their jobs by debt ―always to the plantation owner― they couldn’t retire in bankruptcy. like today's student loans.
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RE: https://mstdn.social/@DemocracyMattersALot/117015564383055179 This is the main reason employers don't want fundamental changes to the US healthcare system. Their share of the costs has increased heavily over the last two decades, but they love its impact on employee retention. This is a feature not a bug. #healthcare #affordableHealthCare
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"Student loans are increasingly following Americans into their 60s and rewriting what they believed would be their retirement years. More than three million people 62 and older owe federal student loans, up from 1.8 million in 2018, according to Education Department data. Delinquency rates among older borrowers have skyrocketed too, in some cases because they are on fixed incomes or have medical expenses. " 🎁🔗: https://www.wsj.com/personal-finance/student-loan-debt-retirement-865978d2?st=H6x7dV&reflink=desktopwebshare_permalink#education #StudentLoans #retirement #PersonalFinance
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@cstross@wandering.shop This one is undergoing Telephone Game alterations as it passes around social media. What's actually happening is that #DonaldJTrump's new "big beautiful" law said that only "professional students" can have certain levels of student loans, and the RISE committee of the USDOE is having a bit of a barney about what "professional degrees" qualify for this because of a wording mis-match. https://ed.gov/media/document/rise-2025-loan-limit-definitions-lily-112447.pdf https://law.cornell.edu/uscode/text/20/1087e#a_4 https://law.cornell.edu/cfr/text/34/668.2 #USPolitics #StudentLoans
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