A federal appeals court has blocked the implementation of the Biden administration’s student debt relief plan, which would have lowered monthly payments for millions of borrowers.
Not the guy you replied to, but “a few dollars” is bullshit. My wife and I owe almost $100k MORE than when we graduated due to interest. And we’ve made every payment since we graduated in 2010. Our monthly payments don’t even cover interest
Pre edit: after I wrote that, I wondered if you realized the person you responded to meant they weren’t paying their own loans
While I agree with your sentiment, the issue is that there are actual consequences to not paying them. Ultimately up to 15% of your wages could be garnished, and your credit score will be tanked. Good luck getting a car or home loan after that.
I don’t care. I’m not paying those fucking loans.
A few dollars out of your current level of taxes to ensure future generations can afford to live is too much, but all the other bullshit is cool…
That’s a fucked up view.
Not the guy you replied to, but “a few dollars” is bullshit. My wife and I owe almost $100k MORE than when we graduated due to interest. And we’ve made every payment since we graduated in 2010. Our monthly payments don’t even cover interest
Pre edit: after I wrote that, I wondered if you realized the person you responded to meant they weren’t paying their own loans
While I agree with your sentiment, the issue is that there are actual consequences to not paying them. Ultimately up to 15% of your wages could be garnished, and your credit score will be tanked. Good luck getting a car or home loan after that.
Jokes on them, I can’t afford a home and I have immaculate credit!