Of the 5.8 million delinquent student loan borrowers, nearly one-third, or roughly 1.8 million, could reach default status in July, according to TransUnion. An additional 1 million are estimated to reach default status in August, followed by 2 million more in September.
The golden age
A species that devours its own young is headed for extinction.
See, they can learn something at college. Money well borrowed.
I’m not paying that shit
I assume nothing will come out of this just like everything else?
Sounds bad
See guys!! I told you we’re winning!!!
Someone explain to me how having delinquencies that will trash your credit report help the economy??? You’re reducing buying power for young Americans.
easy solution: free tertiary education.
Would be interesting to see if this is the modern version of the 2008 financial crisis. Hard to have a productive economy if everyone is having their wages garnished.
Which will have a cascading effect for years
Rich people need extra money. Can't afford to help anyone but them