• IHeartBadCode@fedia.io
    link
    fedilink
    arrow-up
    22
    ·
    2 days ago

    Roughly 2.9 million people who have student loans are age 62 or older. I’m very curious as to how many in that demographic are within this defaulted status. Mostly because any change in social security benefits for a retiree is life altering and if any significant portion of that group that’s defaulted is also this 62 or older group, the changes this will have a massive impact on the population. Retirees that get caught into money troubles not only brings them down, but usually the family that ultimately has to catch them from completely falling through the cracks.

    • SocialMediaRefugee@lemmy.world
      link
      fedilink
      arrow-up
      7
      ·
      edit-2
      2 days ago

      Average Student Loan Debt by Age:

      Those aged between 50 to 61 have the highest average federal student loan debt at $45,159.

      6.10% of federal student loan debt belongs to adults under the age of 25.

      Adults aged 25 to 34 years old hold 30.1% of the federal student loan debt; 39.1% belongs to 35- to 49-year-olds.

      24.6% of federal student loan debt is from borrowers aged 50 years and older.

      61- to 65-year-olds who started college at a traditional age of 18 had the highest starting student loan interest rates.

      https://educationdata.org/average-student-loan-debt

    • Saleh@feddit.org
      link
      fedilink
      arrow-up
      9
      arrow-down
      1
      ·
      2 days ago

      If this affects retirees i hope they choose to protest with open carry in front of government buildings rather than letting themselves get homeless and starved to death.

        • Saleh@feddit.org
          link
          fedilink
          arrow-up
          1
          arrow-down
          2
          ·
          2 days ago

          What are they gonna do? Shoot at the armed people who have nothing to loose as they are destined to loose everything anyways?

          • thedruid@lemmy.world
            link
            fedilink
            arrow-up
            4
            arrow-down
            1
            ·
            edit-2
            2 days ago

            Yes. That is exactly what they will do.

            Cops are not military. They are poorly trained panic strike thugs and children.

            • Saleh@feddit.org
              link
              fedilink
              arrow-up
              2
              arrow-down
              4
              ·
              2 days ago

              Then the people have a reason to shoot back at the cops.

              In that sense we have seen plenty examples where cops in the US immediately withdrew or refused to engage when there is a possibility of someone shooting back at them.

              • thedruid@lemmy.world
                link
                fedilink
                arrow-up
                2
                ·
                2 days ago

                I don’t think you understand the gravity if being attacked with a weapon by someone who really wants to permanently end another. it is terrifying, and life altering. this is not a movie, this is not something that will only affect other people

                this is real life and you’re acting a if it’s a freaking movie

                I know it will probably end up in something along those lines, but don’t be so glib about it

                • Saleh@feddit.org
                  link
                  fedilink
                  arrow-up
                  1
                  ·
                  2 days ago

                  The crucial point is “Nothing to loose”.

                  That is the result if you take so much away from people that they see fighting as the better option than giving in. However i don’t see how you get the idea that this would be like some movie. We have seen with the civil rights movement that armed protests in the US do work. If the regime starts shooting, shooting back is the only option. The issue is, what is the alternative? Protesting unarmed and being killed by the regime anyways? Then going for the armed protest is the safer choice.