" This decision is all about penalise student loanword borrower . "
The Department of Education recentlyannouncedthat it will start referring student loans that have gone into default to collections starting May 5.
In a press conference, the White Houseconfirmedit will collect money from people who have defaulted on their student loans by withholding tax refunds, federal pensions, and wages.
BREAKING : Trump ’s Press Secretary Karoline Leavitt just enounce : “ The government can and will garner default on Union student loan debt by withholding tax repayment , federal pension , and even their wages.”pic.twitter.com/RebofaQiy0
“If you take out a loan, you have to pay it back. It’s very simple. President Trump will not kick the can down the road anymore,” said White House Press Secretary Karoline Leavitt.
And the internet is livid. Many people pointed out what they see as hypocrisy. “97% ofPPP loansduring COVID were forgiven, totaling close to $800 billion. Regular people?: garnished wages. I hate it here,” one person said.
“Garnishing wages for student loans, for up to 5.3 million people, during a housing affordability and homelessness crisis,” this person pointed out.
“The Biden administration didn’t need to collect student loans. The Trump administration doesn’t need to either. Student debt isn’t keeping the lights on at the federal government. This is just cruel and doesn’t have to happen,” this organization asserted.
Sen. Elizabeth Warren even jumped into the conversation, saying, “This decision is all about punishing student loan borrowers. Instead of lowering costs, Donald Trump wants to take money out of your grandma’s Social Security check.”
“Conservatives are about to ‘own the libs' so hard they are going to crash the consumer economy overnight,” this person joked.
And most people were just plain pissed. “I dont want to hear no Gen Z whining. Y’all coulda voted for Kamala,” this person said.
“Dear Protest Voters: They. Are. Going. To. Garnish. Your. Wages. And they have further pushed this war, costing lives. Let this serve to teach us all, protest voting DOES NOT SERVE ANYONE,” this person declared.
“I have no loans but everyone needs to make a ton of fucking noise about this so they reverse it and say oops again. Like fr this will tank the economy so bad,” this person pointed out.
In astatement, US Secretary of Education Linda McMahon declared, “American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” she said. “The Biden Administration misled borrowers: the executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear.”
