Roughly half of the 75% of borrowers confident that they would have their student debt forgiven under the blocked plan spent money they otherwise would not have, the Intelligent.com survey said.
More than half (58%) of respondents with student debt said they were not prepared for payments to resume later this year, the survey said. And 27% said they were likely to refuse to pay the $10,000 in relief they thought they would receive.
Roughly 34% to 76% of borrowers will likely miss their first required federal student loan payment, according to a recent VantageScore report. The average credit score could take a hit of between one and 9 points as a result.
www.foxbusiness.com
Blah, as if people who didn't go to college didn't incur debt in an effort to improve their quality of life. I know I did.
I chose to exchange my labor for money to achieve my own goals so why, as a tax-payer, do I owe them?
They chose to exchange debt for education in the hope of better employment later and for many that's how it worked out, they are making bank and their loans are long paid-off.
What seems to be lost here is supposedly with a college education they have much more earning potential than I would have with a HS diploma. The fact that they did nothing with their degree is besides the point.
More than half (58%) of respondents with student debt said they were not prepared for payments to resume later this year, the survey said. And 27% said they were likely to refuse to pay the $10,000 in relief they thought they would receive.
Roughly 34% to 76% of borrowers will likely miss their first required federal student loan payment, according to a recent VantageScore report. The average credit score could take a hit of between one and 9 points as a result.
Biden's failed student loans forgiveness leaves some borrowers scrambling: survey
Roughly 75% of borrowers were counting on federal student debt relief and half spent money they otherwise would not have, a recent survey said.
www.foxbusiness.com
Blah, as if people who didn't go to college didn't incur debt in an effort to improve their quality of life. I know I did.
I chose to exchange my labor for money to achieve my own goals so why, as a tax-payer, do I owe them?
They chose to exchange debt for education in the hope of better employment later and for many that's how it worked out, they are making bank and their loans are long paid-off.
What seems to be lost here is supposedly with a college education they have much more earning potential than I would have with a HS diploma. The fact that they did nothing with their degree is besides the point.
