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Are people paying student loans? (hexbear.net)

submitted 2 years ago by newmou@hexbear.net to c/askchapo@hexbear.net

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My partner and I have about 60k in student loans and haven’t been paying even though they started back in October. I’m waiting to see if maybe we just shouldn’t. I remember there being chatter about how Nelnet and other loan holders had like laid off a bunch of people during the pause and hadn’t hired them back, and the system is overloaded and fucked, and how are people suddenly going to pay a big monthly expense anyway, etc etc. But if people were to not pay them, I feel like the media would not want to perpetuate that narrative and build it into something real by spreading the word so to speak. So I don’t know if there’s a way to gauge is people are actually paying them? Does anyone know?

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[–] LGOrcStreetSamurai@hexbear.net 2 points 2 years ago

I still think it’s wild that republicans and democrats alike were bugging out how not paying student loans would ruin the economy. The Katz with least amount of spending power and influence are somehow responsible for fiscal ruination.