Record Surge in Past-Due Student Loans Adds to US Debt Burden
https://finance.yahoo.com/news/record-surge-past-due-student-150000573.htmlThese people need to repay all their student loans and debt.
You borrow money….. you pay it back.
Record Surge in Past-Due Student Loans Adds to US Debt Burden
- Thread starter Dave Hess
- Start date
These people need to repay all their student loans and debt.
You borrow money….. you pay it back.
The whole thing stinks. From the top to the bottom. Universities have exorbitant tuition. They discount them for many/most of the students except the rich ones or students they don't necessarily want but if they're willing to pay the full boat, they get in. The government hands out student loans like candy to subsidize the universities. The job market stinks in many areas and the graduates can't get meaningful work.
Unless you're the US government.
Such attention getting headlines. The article itself says the "surge" is at the same level that it was pre-covid. If this is true, and the data sources its pulling from is legitimate, there is nothing to see here folks.
IBTL...
This is a knee jerk topic and a lot of people here have no idea on the subject. I bet most people here don't even know our founding fathers addressed bankruptcy in the U.S. Constitution. I can school you guys if I'm allowed to speak. I'll come back tomorrow if this thread survives.
Where do I "sign up for ICE"?
Silicon Valley paid for my education. And had me attend some classes during my work afternoons. Yup. I owe them a lot.
McMurdo
I am so glad, I paid off my student loan during the pandemic, can't stand owing anyone, anything.
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You know who's most likely to default on student loans? Doctors 
I paid for my education on my own. Lots and lots of sacrifice, but well worth it.
I was lucky, Santa Barbara City College was cheaper than high school so my mom gladly paid. So thankful I took that intro to automotive class my first semester.
Dang, too old to join as an agent. I was hoping they had some kind of office support gig
Nick1994
$100 site donor 2024
Predatory lending and high interest rates.
A lot of these loans accrue so much interest that making large monthly payments does nothing to decrease the loan.
A lot of these loans accrue so much interest that making large monthly payments does nothing to decrease the loan.
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