Recent comments in /f/wallstreetbets

[deleted] t1_j9isv9m wrote

I think the repayments don’t start back at all, and are also never forgiven. How I believe we get past the issue is we have our next economic meltdown, and you have the public and governments backing to completely wipe them largely away. When and what this all looks like is details I’ll never guess. But it’s on pause indefinitely because turning them back on, after three years of inflation in everything else is a non starter.

I suppose they could turn the repayments back on, all hell breaks out in 6-9 months, and they get bi-partisan support to end student loan repayments for good, all built into some “financial aid” package that winds up costing way more than just writing them off right now would be.🙄

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papejay88 t1_j9irt22 wrote

Call me ignorant but I had pretty much assumed someone was tracking my trades and putting them in a giant database to use against me if I ever started to be successful. Just another case of the man holding a man down.

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dj92wa t1_j9ircmn wrote

My uncle just passed away last month from cancer, and he was churning high 6 figs as an aerospace engineer/inspector, being pulled into NASA and Lockheed Martin missions and whatnot. The guy never even had a college degree. There's absolutely zero chance you could do that today.

Meanwhile, I got an accounting degree a couple years ago, and it took me a year and a half after graduating to get a job that covered cost or living and loan repayments. At my age, my uncle was already at about the $100K mark....and that was in 1986....in today's dollars, he was making $241K at my age, while I'm at like a quarter of that.

We don't stand a chance.

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