Blue-state leaders weigh new laws to deal with financial fallout from Trump's big bill

[Javaman]

1. the cuts to Medicare/ACA is only part of the horror story.

built in the bill is something that will basically destroy anyone having dreams of becoming a doctor.

There is now a cap on federal student loans.

When you go to medical school (which costs a fortune), most if not all university/teaching hospitals require that students do not work, in fact many don't allow them to work at all. Studients have to live on federal loans.

Right now, the amount of loans a student needs to take out to study, not work, and solely focus on working to be a doctor, exceeds the cap that was put on those loans in the bill.

This now means, that a person can't take out enough federal loans to eat, pay their bills and house themselves when going to medical school.

Prior to the cap, it was paid all covered via federal student loans.

Now in order to cover that gap, a student has to get private loans to make up that difference; which comes at a much higher interest rate.

Those same private loans require some requirements in order to get them such as: collateral and/or a cosigner, but if you don't have that, maybe you have a rich parent or relative? No rich daddy or wealthy uncle? No stocks and bonds? You're poor? Then you are SOL.

Anyone hoping to become a doctor, who is not rich but got into a high end university due to excellent grades, you have just been completely screwed

Think of the long term implications of this. This is fucking horrifying.

Only the wealthy will get that opportunity now.