Former Students Plan to Ignore Loan Repayments When Pause Ends
More than 40 million Americans will have to making payments starting in October after a COVID-19 pandemic-era freeze on loan repayments comes to an end.
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More than 40 million Americans will have to making payments starting in October after a COVID-19 pandemic-era freeze on loan repayments comes to an end.
Federal student loan repayments will finally resume for 43 million borrowers at the end of August after a 3-year pause. Many are expected to struggle to make payments on top of high inflation, however.
The Federal government's unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
Republican efforts to block the Biden administration's relentless drive for student loan forgiveness are back on Congress's table. ...
I had health care. i had a house. i had many things. i have none of those things today because i decided that the most useful thing that i could be doing with my life was fighting this battle. the lenders pull out all the stops against our best and brightest for the crime of going to college. this lending system has now catastrophically failed. it's galactically failed by all rational metrics and measures. we now owe close to $2 trillion in federal student loan debt. and you know, it seems like nobody's really even paying any attention to it, so... - whoa. there was definitely a story here. bu...