Rent, groceries, student debt payment -- and there is only enough money to pick two that get paid. This is the reality over 9 million Americans in default are facing, and it's not their fault.
The number of student loan borrowers in default has risen by 400,000 last quarter to 9.3 million. As the percentage of the portfolio in default grows, it becomes more obvious that this crisis is a policy problem. It needs a policy fix.
https://t.co/4e2kXWMUJs
Did you catch that?! 👀
While addressing UN Assembly, Trump compares the drug cartels of the Western Hemisphere to ISIS, and says they are waging war on humanity, and wants to kill or detain them as “enemy combatants”.
If the Dems/MSM are collaborating with “enemy combatants”, doesn’t that make them enemy combatants as well?
I wish more people would see what is actually going on here. Trump is openly telling us that we are at war with the transnational criminal organization known as the Deep State, and their global terror assets, which is mostly Iran and their terror proxies in the Middle East, and the drug cartels terrorizing and destabilizing the Western Hemisphere.
This is what Trump meant when promised to “obliterate the Deep State”. Trump and the US MIL are taking out the Deep State’s entire global terror network and bringing stability to the world. The Deep State cannot function if all nations maintain their sovereignty.
The noticing will continue.
@FmrRepMTG She is so stupid. Look T the price of the barrel. She doesn’t mention that. So it’s the conglomerate gas moguls refusing to drop the price. Trump has nothing to do with price. Look at the barrel, price. She should just go away.
I’ll be 6 ft under before ever thinking I have a shot of paying off my loans. The interest is insane. @JudiciaryGOP ‼️@KenPaxtonTX Ken you’ll get my vote if make the a top issue
Nicholas, what are you doing over there, guy?
You could scrap the new bankruptcy process, commit to not opposing federal student loan borrowers in bankruptcy court, and call on Congress to create a 0.6% endowment tax to pay for discharges.
You could do this before the election, and stop much of the annihilation the @GOP is going to suffer at the hands of distressed student loan borrowers.
You could do the first thing in a week. You could at least call for the second thing in a serious way by October.
Tick Tock, buddy.
You know this needs to happen.
Are you really that afraid of the colleges?!
smh
If We Hand Out Student Loans Like Candy, Why Is Main Street Locked Out?
Washington distributes hundreds of billions in student loans with no credit checks, no collateral, and no guarantee of a return on investment. Yet an everyday citizen trying to build wealth and launch an enterprise has better luck locating Jimmy Hoffa’s grave than securing an SBA loan.
If the federal government can bet trillions on a four-year degree, it should be willing to bet on the people building real businesses in our communities.
A modernized, accessible small business loan program could level the playing field through a straightforward framework:
Basic Eligibility: Open to any U.S. citizen with an active enterprise operating for at least six months, verified business credentials, an established business bank account, and documented revenue.
Capital & Terms: Up to $100,000 on a 20-year term at a fixed 3% interest rate, with no credit check required.
Veteran Recognition: The maximum funding doubles to $200,000 for honorably discharged veterans.
Firm Accountability: Like federal student loans, this debt would be completely non-dischargeable in bankruptcy. Any default results in immediate offsets against federal tax refunds and government relief payments.
Strict Asset Safeguards: Funds cannot be used to pay off pre-existing personal or corporate debt. Major capital acquisitions—including land, facilities, commercial vehicles, and heavy equipment—must be registered under a formal government lien until repaid.
This approach replaces institutional red tape with direct investment, balanced by clear personal accountability and collateral protection.
Would an initiative like this earn your support?
#highlight
#SmallBusiness
#Entrepreneurship
#MainStreet
#EconomicGrowth
#SBALoans
#VeteranOwned
#WealthBuilding
#FiscalPolicy