Student loan payments set to resume no later than August 30 and...

Probably will be more delays on the way

quote:

---

Student loan payments set to resume no later than next election cycle

---

Fixed your title.

Government should have spent a fraction of time reforming the student loan industry by getting themselves out of the game with guaranteed loans/no collateral and capping interest rates to make it easier to pay these loans back, but what do I know. Chances are tuition rates would nosedive if that happened so the state governments that want debt slaves would resist that to no end - tenured professors like their new offices and obnoxious waste that's prevalent like statues, fountains, and new buildings.

quote:

---

Regardless, ending the pause is going to constrain spending for millions of families. For Dan and Beth McConnell of Houston, who have $143,000 left to pay in loans for their two daughters’ undergraduate educations, the implications are stark. The pause in their monthly payments was especially helpful when Mr. McConnell, 61, was laid off as a marine geologist in late 2021. He’s doing some consulting work but doubts he’ll replace his prior income.
That could mean dropping long-term care insurance, or digging into retirement accounts, when $1,700 monthly payments start up in the fall. “This is the brick through the window that’s breaking the retirement plans,” Mr. McConnell said.

---

Where are the 2 daughters? I’m gonna guess living in big cities going to Greece or Italy and Taylor swift concerts while their near-retirement dad is footing the bill

Legit forgot the username and password for my wife's student loans. It's been a minute since I logged in there

quote:

---

$65,000 master’s degree…job paid $26,500 annually.

---

I mean did she sleep through Math and Econ 101 while getting her undergrad degree?

I’m almost positive the millions of folks who voted democrat simply for student loan forgiveness will consider other party candidates. Positive. They are brilliant scholars.

Honest question.

Do people who say stuff like this actually believe this type of bullshite or is it just some heavy gaslighting? Can anyone truly be dumb enough to think that student loans should go away because they spent and borrowed a bunch more money while they didn’t have to pay it back temporarily?

This is how truly narcissistic our society is now.

I hope they saved their stimulus checks.