I, like many and hopefully some of y’all, stopped paying my student loans during Covid and never restarted paying because we’re supposed to have gotten relief from this debt that should’ve never existed in the first place. Now we have Trump coming back which kills the possibility of debt relief. So should I start repaying so I don’t get my wages garnished? Or do we think the government is going to be too inefficient to come after it?
Edit: At one point when I heard that it was the only way to get forgiveness, I moved all my debt from a third party to being a government loan. Does that change anything?
Is that meant to be a counterpoint? It doesn’t counter anything I said.
I acknowledged that it’s a shitty, predatory practice. That’s not something that I think any reasonable person could debate against. It still doesn’t invalidate any of my points.
There are many resources out there to assist, and in life we are regularly made to make decisions we aren’t adequately prepared for while we are still responsible for the consequences.
Why should we be accepting shitty predatory practices? We regularly protect people from the decisions they’re not adequately prepared for, as I think we should.
You have vitally missed my point. I’m not arguing that it’s something we should be happy about or not trying to change, just that it is something that is.
Unfortunately, we are required to exist in the world that is, rather than the world that should be. You have to survive in reality to be able to make changes to it.
You’re more than welcome to call up your loan provider and tell them you don’t accept the terms you already signed up for. Let us all know how that goes.
The more people who don’t pay the harder it’d be for them to enforce it. How does accepting the situation now help me change the situation for the future?