While everyone was focused on the BBB and its implications for student loans they just go ahead and do this.
what happens if people just don’t pay their student loans at this point? Is there some sort of collection/enforcement arm? Does the federal government start garnishing your paychecks?
You legally can’t default and they’ll start garnishing your paycheck while tanking your credit
thanks biden!
most progressive president since FDR!
he did everything he could do forgiveness!..
I did know about Biden’s contribution to making it inescapable, just had never confronted the “what if no one pays” portion
Flee the country moment
deleted by creator
jail/garnish/credit score
garnish
I learned the unhappy meaning of that word from Fletch (1985).
Ninja edit. Google/Youtube are no fun at all.
Yes, there was a moratorium on the enforcement that was paused until recently
Really hoping the debt collective has plans for this
Quick! Let’s do all the horrible shit we can as soon as we can so people forget by the midterms!
Something tells me the people forced to pay several hundred dollars per month for… the rest of their lives… won’t be forgetting this one anytime soon
Unfortunately there is no alternative for them, so, you know… just everyday life in the sundowning empire