The Debt Collective 🟥 Profile picture
Dec 8, 2021 9 tweets 5 min read Read on X
Do you want to see a preview of the shitshow we all are going to face on Feb 1 if @JoeBiden @JamesKvaal and @FSACOO turn on student loan payments?

This crisis is avoidable. Let's avoid it.

🧵 as preview Image
On Aug 18, 2021 @Navient sent an email demanding a payment of $128.42 on a federal direct loan due Nov 1, 2021 even though the payment pause is still in effect.

This is the kind of totally false info Navient is sending millions of people. Image
This is all part of a game that @Navient plays. Half of the info they send you is false, the other half is accurate.

The fun is guessing which is which but be careful, your financial (and often physical) life depends on guessing correctly.
Today at 9:26 p.m. ET @Navient sent this message saying that on Nov 29, 2021 I reported a change in address.

The only trouble is, I didn't! Is that a problem? Seems like it. @Navient says to call IMMEDIATELY!

But they sent this email at 9:26 p.m. ET after Navient is closed. Image
Meanwhile there are dozens of emails like this being sent out every other day.

It's not just that every single message in and of themselves is confusing, it is also the sheer volume of messages. It is a lot of info to wade through, and remember half of it is false! Image
This is happening to 45 million people

Everyone at the Department of Education knows what is going to happen on Feb. 1. Everything that can go wrong will go wrong.

This is a crisis they are deciding to create themselves. It is avoidable. We don't have to do this.
Put down your weapons @JamesKvaal @FSACOO

You are liable to hurt someone
Let's live tweet trying to call @Navient about this Image
As expected @Navient told me this communication was an error. Everything they send has false info in it.

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More from @StrikeDebt

Mar 9
Trump *is* doing debt cancellation.

It's just not your student or medical debts.

In his second term alone, Trump has already canceled $1.5 billion of criminal debt — payments fraudsters owe the federal government and victims.

They don't mind debt cancellation—for themselves.
Trump’s own US attorney announced Joseph Schwartz’s 3yr sentence for $38M in medicaid/tax fraud.

7 months later, Trump pardoned him.

Schwartz paid a lobbyist $100,000+ to help secure a pardon from Trump and walked free with his debts owed to the federal government cancelled.
Republican Nevada legislator Michele Fiore embezzled $70,000 out of a police memorial fund for personal expenses like plastic surgery and her daughter's wedding.

After being convicted on 6 counts of wire fraud, Trump pardoned her.
Read 9 tweets
Aug 29, 2025
The Department of Education took down the Income-Driven Repayment (IDR) payment count tracker.

But we came across a hack that allows you to see that information by following these steps.

This works best in either Firefox or Chrome.

Quick thread.🧵
1. Log in to StudentAid.gov (we know, it sucks)

2. Paste this link into your browser: studentaid.gov/app/api/nslds/…

If using Chrome, click on the small box at the top that says "Pretty-print" to make the page easier to read.
While the information here isn't presented in the best way, it’s not too difficult to interpret if you read it carefully. This page lists every one of the payment plans— whether your loans qualify for that payment plan—and your number of qualifying payments for each plan.
Read 7 tweets
Jul 23, 2025
A lot is happening with federal student debt at the moment. Here is some of our thoughts — and what we think you need to know.
Trump and McMahon want to financially harm the nearly 8M people who are in the SAVE forbearance by restarting student debt interest on August 1.

Trump and McMahon are claiming the courts are forcing them to resume interest.

That is not true.
What does this mean? The typical student debtor will see their balance increase by $3,500 a year (roughly $300/mo). Do you have an extra $3.5k just lying around? Probably not. They are choosing to hurt people because they want to hurt people. This is class war, pure and simple.
Read 16 tweets
Jan 15, 2025
If you have federal student debt, you need to log into and screenshot your payment history and loan details TODAY.

The Biden administration *just* created a tracker on the website. We don't know how much longer the tracker will exist. You need proof.studentaid.gov
grab this Image
click on this Image
Read 4 tweets
Dec 28, 2024
The next four years of the Trump administration will be very, very tough. With the few weeks Biden has left, he needs to do everything he can to mitigate harm. We need an unprecedented level of foresight and protection before Trump's unprecedented level of damage.
If Trump uses the Comstock Act to ban abortion nationwide, we should not have to look back and ask why Biden never used his powers to preemptively pardon anyone considered to have "violated" the act's abortion provisions. Or why he didn't enshrine repro rights in the Constitution
If Trump garnishes Social Security checks from seniors who can't afford to pay their student loans, we shouldn't have to ask why Biden never canceled the debt of older borrowers on his way out. Or why he never fired MOHELA, the servicer that gives Rs legal standing to sue.
Read 5 tweets
Dec 3, 2024
This is a good question, and a reasonable response if you're actually following along. To get what we're saying, you should understand how Biden's first attempt at relief actually went down.

Biden *announced* relief but never actually canceled any debt. A shorter thread:
Biden made an announcement that he would cancel $10k-$20k for all.

A week went by. 2 weeks went by. Then a month.

FIFTY DAYS passed. And *then* an application to apply for relief came out. People started applying—even getting approved. And then lawsuits came.
Many of those lawsuits didn't stick, but one did. They got an injunction and halted the process of relief before it could get out the door.

This is important to understand: nobody's debt was ever canceled.

So what does that mean? And what are we saying?
Read 7 tweets

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