this post was submitted on 18 Mar 2025
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A Boring Dystopia
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$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.
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.
You are post world war germany. Namely 1933. Wake up.
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.
The fact that it's bad doesn't make it impossible.
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.
FTFY
Interesting, see I would have translated it as
But i suppose I'm not fluent in lemming so what do i know.
Maybe if you were fluent in English you could have said what you meant in one attempt.
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.
I mean... There's a full article explaining the cause for the increases, it's not like there's no reasoning provided.
The article says the loan costs have increased and gives lots of examples.
It doesn't explain why the increases have happened.
Try again. It's the 4th paragraph.
But that's new applications. It doesn't explain why existing loans have increased.
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.