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.

  • acchariya@lemmy.world
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    2 months ago

    Should your unpaid mortgage follow you for the rest of your life? Should losing your job and not getting another one fast enough to keep up with your mortgage mean that you are indebted fo the rest of your life?

    • AidsKitty@lemmy.world
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      2 months ago

      Not the same situation. Now if you want to forfeit your degree when you stop paying for the loan then that could be a worthy trade. What you want is to keep your degree and not pay your loan and that isnt appropriate.

      • acchariya@lemmy.world
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        2 months ago

        If you have direct university loans you will be unable to retrieve your diploma until they are paid.