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Today, in a 6-3 decision, conservative Supreme Court justices ruled that president Joe Biden’s plan to forgive up to $20,000 in student loan debt is unconstitutional. This means that the 26 million Americans who signed up for the program will have to pay back their loans in full.
It’s a sad day for progress and for those of us who are still shouldering thousands of dollars in student loan debt (myself included) who thought we might get some relief. As of right now, payments will resume in October 2023 and interest will begin accruing again on Sept. 1, 2023.
With all that in mind, I thought we should take a minute to remember that student loans are, above all else, a total scam. Here are 17 screenshots to prove it:
1.Remember, consistency is key when “paying off” your student loans:
2.And with all the money you pay, you can rest easy that you’re going to receive some GREAT service in return:
3.If, by any chance, you ever overpay — don’t worry, they gotchu:
4.Some repayment companies even treat your student loans like a game — because to them, it is:
5.It only takes decades to accomplish, NBD:
6.And even when you’re THIS CLOSE to finally paying it off, they’ll keep trying to suck you dry:
7.Don’t worry, your credit will also suffer from paying them off:
8.Automatic payments are essentially rigged against you (how fun!):
9.And no matter how much you try to forget about your student loans, for even a minute, they’re always there:
10.I mean, hey, you can always get a second job:
11.Or go on a dystopian game show the way they do in The Hunger Games:
12.Truly, anyone can do it — so long as you have tons of generational wealth and privilege:
13. Don’t worry, you’ll pay them off eventually — and by “eventually,” I mean “never”:
14.If the debt alone doesn’t kill you, don’t worry, the interest will:
15. I mean, it would be SO UNFAIR to get our loans forgiven, right?
PPP loans were created in 2020.Within 1.5 years, over 80% of them have been forgiven, totaling $600+ billion.Student loans started around 1958-1965.60+ years later & .6% of student loan debt has been forgiven.No one asked how we would pay for business loan forgiveness.
— Salem Snow (@Salem4Congress) December 14, 2021
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