2y ago

Only 60% of student loan borrowers made payments when bills restarted in the US

www.cnbc.com

Only 60% of student loan borrowers made payments when bills restarted

17 comments

For the most part it should have been free anyway just like our grandparents who perpetuate this nonsense had it.
I’m fortunate to make such little money that my income driven repayment is $0 a month. But that doesn’t stop interest and so many people don’t even have that option
- I'm in that boat too, just riding out the hope that the government will collapse before I have to do anything about it.
  I've given up hope in this country and have serious consideration just abandoning this identity and starting over in another part of the world.
My payment was late because my servicer changed over COVID and when the auto-pay kicked in my bank rejected the withdrawal. Said they were an unrecognized entity or something.
Had to get my servicer and bank on a 3-way call just to pay my loan. 🤦‍♂️
Too bad it wasn't lower. The whole system is crooked and greedy and needs to lose about 10-12 inches off the top.
- oof ouch my credit score
- I wonder if it's counting the people who have $0 payments as having "paid", though, which could be driving up the percentage. Because I definitely haven't given them shit, but I'm considered "current" cause I somehow have $0 payments right now. Not sure why but I ain't fuckin arguing.
We are the 40%! Fight the debt slavery!
so... wage garnishment when the powers that be figure it out? soon, presumably?
- That's what they have always done. I vote they garnish the wages from everyone who had a say against helping those people. Starting with Clarence Thomas. Once he pays 275,000 to student loans of his own dime, maybe we csn start considering it.
- Clogged courtrooms, more likely.
Student loan payment strike when?
I owe more with each payment. One more year and I’ll have a salary decent enough to knock them off but it’s still…very depressing.

17 comments