Half Of Student Loan Holders Say They Couldn’t Currently Make A Payment: Survey

[DigitalDrifter]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

Los Angeles (Knewz) — According to The Wall Street Journal, 1.2 percent of student loan borrowers chose to continue making payments during the recent pandemic-driven moratorium.

That small share is echoed by the findings of a new poll conducted by GOBankingRates. When the company queried 1,0000 student loan holders, 52 percent said they would be unable to make a single monthly payment today, if required.

About the same share, 55 percent, are counting on the announcement of another extension of the moratorium before the end of summer. Shockingly, the poll found that a third of respondents were unaware the moratorium had recently been extended again by President Biden through Aug. 31.

MSN

 

[1srelluc]

 

[Uncensored2008]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

MSN

If those with loans can't repay them, then it means the PRODUCT that "higher" ( ) education is providing doesn't prepare people to earn enough to pay for the education.

Fuck loan forgiveness. There needs to be a MASSIVE malpractice class action suit against the educrats. It's flat out fraud.

 

[Moonglow]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

MSN

If you have an FMHA-USDA mortgage you can get a two-year moratorium.

 

[DigitalDrifter]

If you have an FMHA-USDA mortgage you can get a two-year moratorium.

But at some point you're going to have to pay it back! Dimocrats want these deadbeats to have their debt completely forgiven.

 

[PinktheFloyd88]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

Yes

 

[Manonthestreet]

But but better economy than Trump ...ummmmm.....ummmmm

 

[surada]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

MSN

My kids paid off their student loans in the late 1990s. Thank goodness.

 

[Ringtone]

If those with loans can't repay them, then it means the PRODUCT that "higher" ( ) education is providing doesn't prepare people to earn enough to pay for the education.

Fuck loan forgiveness. There needs to be a MASSIVE malpractice class action suit against the educrats. It's flat out fraud.

Indeed, these institutions should eat the loses, not the taxpayer.

 

[Polishprince]

If you have an FMHA-USDA mortgage you can get a two-year moratorium.

Those are secured loans, as opposed to student loans where there is nothing for the lender to hold on to if the borrower tries to rip them off.

 

[Polishprince]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

MSN

"Saying" you can't make the payments isn't the same as not actually being able to.

If the government were to be as aggressive collecting these as they are other items, they'd be collected.

In the mean time, if someone defaults on their student loans, they should be banned from voting until they settle their debts in full.

 

[Dekster]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

MSN

How many billions gotten written off on mortgages after the great recession? Who paid for that?

 

[Ray From Cleveland]

How many billions gotten written off on mortgages after the great recession? Who paid for that?

People that get foreclosed on create a record that follows them for years. The same should apply to any student that has the government payoff their loans.

 

[Dekster]

People that get foreclosed on create a record that follows them for years. The same should apply to any student that has the government payoff their loans.

Many people got billions in relief without being foreclosed on, be it canecelling second mortgages or modification agreements on first mortgages.

 

[DigitalDrifter]

Yes

April 1st was last month.

 

[Ray From Cleveland]

Many people got billions in relief without being foreclosed on, be it canecelling second mortgages or modification agreements on first mortgages.

That's news to me. When you don't repay a mortgage, the only thing that can happen is the bank forecloses and you lose the house. I don't know of any instance where the government simply paid the mortgage of anybody and they maintained a good credit rating.

 

[SassyIrishLass]

They shouldn't borrow money they can't repay.

My husband and I repaid ours, every nickel

 

[Missourian]

So Democrats, does that mean if you can't make your mortgage or car payments, taxpayers should make them for you?

Sorry ...I'm currently unable to make my tax payment ...

 

[JustAnotherNut]

Many people got billions in relief without being foreclosed on, be it canecelling second mortgages or modification agreements on first mortgages.

Any mortgage relief wasn't wiped off the books. banks allowed to extend the mortgages up to 12 months........meaning the terms of your loan was extended for as many months as you needed up to one full year..........but the full amount was still expected to be paid.. You could either pay additional every month until it was paid up, or the bank would add that many months onto the back of the loan

 

[DigitalDrifter]

Sorry ...I'm currently unable to make my tax payment ...

Then taxpayers should immediately step up and pay it for you.