Student Loans With This Servicer Will Be Transferred Within Months, Says Department Of Education https://t.co/8IhasfDI2J https://t.co/BeFDBO8rdw ...

Societal Trends & Challenges - The percentage of 30-year-olds who are married and homeowners has declined from 50% in the 1950s to 12% currently [1] - Young men may lack social skills, leading to increased online communication and fragile relationships [3] - Pornography consumption is high, with over 50% of 12-year-old boys watching it [5][6] - Dating sites are optimized for user retention rather than relationship formation, contributing to loneliness [7] Economic Factors - Home prices have increased significantly relative to income since 1980, making homeownership unaffordable for many individuals [10] - Stagnant real wage growth, coupled with student loan debt, makes it difficult for young people to start families and achieve financial stability [19] - Government intervention in housing and education through programs like the Federal Home Loan Program and Federal Student Loan Program may have created bubbles of inaffordability [16][17] Generational & Educational Issues - A generation was wrongly advised to pursue university education to avoid job automation, leading to significant debt [22][23][24] - Trade jobs like electricians and plumbers can offer high income and no debt, potentially surpassing the financial well-being of some professionals with advanced degrees [24][25] Mental Health - Major depressive episodes are prevalent among US adults aged 18-25 [13] - Excessive internet use and social media can exacerbate feelings of isolation and inadequacy [15]

If you have federal student loans, financial aid, or plan to at any point in the future, you might want to pay attention. Here are three changes coming to federal student loans first. Number one, if you're facing economic hardship or job loss, you will not be able to apply for forbbearance or deferment of your loans starting in July 1st, 2026.Number two, parents will no longer qualify for public service loan forgiveness, and they will not be eligible for the new repayment assistance plan either. As a result ...

We now have proof that student loans are a gigantic scam. There's a viral video on X right now that is going to blow your mind. I'd like to know what type of crack Sally May is smoking that they think for the amount of $40,922 they should receive back $118,3559.I understand that this is an estimated cost. The fact that they for financing the money they want $77,38359 is asinine. That is crazy.But you know what. People are signing up for it. It's all about personal responsibility.When you sign the paper, you ...

That was me. Uh, my name is Ty Kumar and I'm a rising senior at Wward School. And in a high school, they teach us a lot.You know, they teach us how to derive the Mcorometric functions. We can quote McF, explain Newton's laws, and even write a half decent essay on the whole board. But a majority of us have no idea what a credit score is, no idea how to open a bank account, no idea the difference between a credit card and a debit card, let alone a compound interest.We're not financially illiterate because we' ...

Borrowers who skip payments on their federal student loans could face wage garnishment https://t.co/FKmvY1Nm0S ...

Cryptocurrency & Investment - The White House is rumored to allow individuals to buy Bitcoin and cryptocurrencies in their 401k retirement accounts [1] - US retirement accounts hold an estimated $43 trillion, including about $9 trillion in defined contribution plans like 401ks [1] - The entire crypto industry's market cap is less than $4 trillion [1] - Over the last 50 years, the purchasing power of the US consumer dollar has fallen by over 83% [1] - The S&P 500 has increased by over 150 times even after accounting for inflation [1] - The ishares 20 plus year Treasury bond ETF has lost nearly 50% of its value in the last 5 years [1] Student Loans & Education - One example shows a $40,922 student loan potentially requiring a repayment of $118,355.59, with $77,383.59 attributed to financing costs at a 13.500% fixed interest rate [1] AI & Technology - Chat GPT usage has decreased since school got out [2][3][5]

Cryptocurrency & Finance - Bitcoin is gaining traction for inclusion in retirement accounts [1] - Student loans are characterized as potentially fraudulent [1] Technology & Demographics - ChatGPT is most actively used by younger demographics [1]

Student loans are a scam, but not for the reason you are thinking.We should reinforce personal responsibility for people who sign up for debt.But explain college isn't what it used to be. https://t.co/ZfB3WDVPnB ...

Student loans are falling into serious delinquency, with payments overdue by at least 90 days, quicker than in prior years and much faster compared to other debt types. https://t.co/j8CpEB1o6T ...