farcstreetbets

Today, the feds start collecting on 5 million+ defaulted student loan borrowers with collections.

We have a 20.5% delinquency rate (90 days+) - highest ever recorded (TransUnion)

Tax refunds will be seized through the Treasury Offset Program.

Social Security benefits cut by up

Amanda Goodall

student loans, gg
https://x.com/thejobchick/status/1919460326732714197?s=46

Bankruptcy courts about to get very busy (and yes it doesn’t eliminate it but helps manage it)

Well, shouldn't be a problem forever. Schools will be all shut down soon enough, well, except for the ultra rich private schools.