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Johnny2X2X

(23,804 posts)
12. Student Loans
Tue Aug 19, 2025, 02:20 PM
Aug 2025

And they completely screwed non rich kids who want to go to college with their idiotic student loan changes which make it harder to finish school and more expensive to pay back for millions of families.

The credit hours needed to be full time for Pell Grants alone will cause a lot of students to just give up. I got Pell Grants, they helped me earn my degree, some semesters I took 12 or 13 credit hours because I had some really difficult engineering classes that I knew I'd struggle to pass if I had 15 or 16 credit hours which would have meant a whole extra class. If Pell Grants wouldn't have been available those semesters, I don't think I could have afforded it. Other semesters where I had to work longer hours to make ends meet were also 12 hour semesters.

Student loans and grants have just been completely overhauled and kids will be paying more interest, they'll be paying sooner, there is no more interest free (subsidized) loans. And the repayment options are double and triple what there was prior. Basically, less college grads is guaranteed now.

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