Jeff
15.5K posts

Jeff
@escaperabbit
Return Bankruptcy Rights To Student Loan Debt!! 🇺🇸 Make The Wealthiest Colleges Pay!!
Tokyo, Japan انضم Mart 2008
72 يتبع449 المتابعون

Breaking: A record number of American workers are pulling money from their 401(k)s to cover financial emergencies on.wsj.com/4aLxvkk
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@danielfoch @Gemini I predict student loan servicer jobs will be replaced by AI. The future is me telling a computer I ain't paying.
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@Gemini Good thing we didn’t just invent a computer that can do entry-level jobs and the job market is so good for graduates
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@jonbrooks @Gemini Nope. Student loan debt system is catastrophically failed.
studentloanjustice.medium.com/three-fourths-…
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Federal student loan system is still catastrophically failed -- with 85% unable to repay -- so this won't change much IMO.
Can't squeeze blood from a turnip.
CNN@CNN
The Treasury Department will begin to manage federal student loans in default, taking on a key function of the Education Department as the Trump administration further pushes to dismantle it. cnn.it/40HJhGE
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Jeff أُعيد تغريده

It's the job of @usedgov to create equitable lending terms to create success, not jeopardize the future of this country. Restore bankruptcy protections 4 responsible LENDING.
The @USTreasury can tell you why that matters.
Until that happens, do not pass go, fo not collect $200.
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Jeff أُعيد تغريده
Jeff أُعيد تغريده

#StudentLoans
Read this for your homework. "It’s time to call federal student loans what they really are—a tuition grant plus an income surtax on students."
law-journals-books.vlex.com/vid/redesignin…
@usedgov @legislativejobs @SenJudiciaryGOP @HouseJudiciary @JudiciaryDems @JudgeJeanine @nytimes
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Jeff أُعيد تغريده
Jeff أُعيد تغريده

The MOST important fact to know when discussing bankruptcy rights for student loan debt.
The discharge rate was LOWER THAN 1% before the right was removed.
STUDENT LOAN JUSTICE@StudentLoanJus1
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@BamaSaltyMarine There are 2.8 million Senior Citizens who are still repaying their student loans.

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Jeff أُعيد تغريده

The last time this occurred was in the late 1920s

unusual_whales@unusual_whales
"The top 1 percent of American households, which have a minimum net worth of $11.1 million, now collectively own about $25.6 trillion worth of stocks and mutual funds, the same amount as the remaining 99% of the country," per the Federal Reserve
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Jeff أُعيد تغريده

@StudentLoanJus1 2.8 million people over age 62 with student loan debt. WOW!
The city of Chicago only has 2.7 million residents.
Houston only has 2.3 million residents.
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Jeff أُعيد تغريده
Jeff أُعيد تغريده

At some point….this bubble must burst.
Barefoot Student@BarefootStudent
College tuition has increased 914% since 1983, outpacing all other household expenses, per CNBC.
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Jeff أُعيد تغريده

@TaylorTwellman Yes and defense department budget has gone from roughly 240 billion to 1 trillion. It would only take 75 billion for all students to attend college for almost free. Defense department just requested another 200 billion for iran war. Priorities.
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Jeff أُعيد تغريده

@TaylorTwellman The cost of college will finally decrease when Constitutional bankruptcy rights are returned.

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Jeff أُعيد تغريده

@TaylorTwellman I got an electrical engineering degree at a top 10 engineering college in the late 80's. My total tuition was ~$20,000 for the 4 years.
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