this post was submitted on 10 Mar 2026
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The roller coaster ride for borrowers enrolled in a key affordable repayment plan continues.

On Monday, the 8th Circuit directed a district court to approve Donald Trump's proposed settlement with the state of Missouri to eliminate the SAVE student-loan repayment plan.

The plan has been embroiled in a legal back-and-forth for years. Most recently, a district court declined to rule on the proposed settlement, which some advocates and lawmakers saw as a win for borrowers and urged the Department of Education to carry out relief under SAVE.

However, the 8th Circuit's ruling means that, once approved, the department will move forward with the settlement and require enrolled borrowers to transition to a new plan.

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[–] ThePantser@sh.itjust.works 33 points 2 days ago (4 children)

What if we all just refuse to pay? We have rent strikes, labor strikes, let's do a loan strike. Fuck this shit. Can't use the degree anyways because AI is fucking up the tech space.

[–] thespcicifcocean@lemmy.world 13 points 2 days ago

way ahead of you, compadre

[–] CADmonkey@lemmy.world 6 points 2 days ago (2 children)

I've been suggesting a debt strike for a long time and nobody ever thinks it's a good idea.

[–] BanMe@lemmy.world 13 points 1 day ago

It's a good idea but it needs broad support. Like physical strikes, they have tools of oppression at the ready - your credit score will tank meaning among other things your ability to get housing is affected. That's a pretty serious, heavy threat. Millions of people need to join in this for the system to be overwhelmed enough. So start talking about it more, IRL too.

[–] krashmo@lemmy.world 2 points 1 day ago

People like the idea they just don't think it's realistic, which is paradoxically true only because they all think that way.

[–] BlackLaZoR@lemmy.world 2 points 2 days ago

What if we lived debt free in the first place?

[–] blueduck@piefed.social 0 points 1 day ago (3 children)

Federal debt is subject to wage garnishment. They can just take it out of your paycheck if you don’t pay

[–] RagingRobot@lemmy.world 1 points 1 day ago

If everyone stops paying though it would take a long time to take them all to court and make that happen

[–] mx_smith@lemmy.world 1 points 1 day ago

Yeah I was coming to say the same, also I’m sure it’s automated so as soon as they dont receive the payment the timer starts before it sends the letter of wage garnishment. So this most likely won’t work unless your working under the table.

[–] Sonicdemon86@lemmy.world 0 points 1 day ago

They can't take it out if it is under the table or if you don't work.