57
submitted 2 years ago by [email protected] to c/[email protected]

My partner and I have about 60k in student loans and haven’t been paying even though they started back in October. I’m waiting to see if maybe we just shouldn’t. I remember there being chatter about how Nelnet and other loan holders had like laid off a bunch of people during the pause and hadn’t hired them back, and the system is overloaded and fucked, and how are people suddenly going to pay a big monthly expense anyway, etc etc. But if people were to not pay them, I feel like the media would not want to perpetuate that narrative and build it into something real by spreading the word so to speak. So I don’t know if there’s a way to gauge is people are actually paying them? Does anyone know?

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 14 points 2 years ago

If I remember correctly, those are the only loans that can garnish your wages. If absolutely nothing else, I would just pay them one month, not pay them for three months, pay them again, and then continue that cycle.

this post was submitted on 07 Jan 2024
57 points (100.0% liked)

askchapo

23072 readers
73 users here now

Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.

Rules:

  1. Posts must ask a question.

  2. If the question asked is serious, answer seriously.

  3. Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.

  4. Try [email protected] if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.

founded 5 years ago
MODERATORS