It's for people in lower income brackets that have been paying their loans for the past 20 years. So no one that's not in their mid 40s.
God I hate obscurantism I read that article and now I'm just more confused. Is this literally just forcing loan companies to actually honor the contracts they signed?
My wife had been paying student loans with the same amount for years, and then some month, Nelnet decided to increase her minimum payment, but they only sent her a message through some shitty portal message board that no one would ever look at. So she didn’t know about and continued to pay her same amount, and then a few months later they said she defaulted on her payments and put that status on her loan. But because for some ludicrously irresponsible and Kafkaesque reason, they split her loan into like 7 different sub loans. So all of a sudden, she had 7 “different” loans all go into default, and her credit score absolutely cratered. It’s been 5 years and it still hasn’t fully recovered
yeah "i promise as soon as u get me back in here in 2024 i'll do it jack. what no i cant do it now i gotta campaign, do you want republicans to win? they'll cancel the student debt relief im campaigning on!"
at this point libs can't even really shit on working poor republicans who 'vote against their best interests' cause they do the same at this point falling for essentially the same bullshit
approved