Reply to What is going on with student loans?

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[quote=Anonymous][quote=Anonymous]Financial institutions hold the student loans over your head to justify giving you higher interest credit card, home and auto loans. Home, auto, and health insurance providers use your weaker credit score to justify charging you higher insurance premiums. You will be less likely to qualify for a mortgage, so you can rent from BlackRock, Jared Kushner, and all of the other hedge funds and financial institutions who bought up apartment complexes and SFH inventory across the country. Employers knows the student debt makes you less like to job hop and less likely to marry and less likely to have children, so you remain tethered to your laptop and desk, and don't soak the employee health care plan.

You will own nothing and like it. Sorry, forgiving any cent of your debt isn't in the playbook, so quit holding your breath.[/quote]

I mean the Biden administration has forgiven something like $26 billion in student loans so it's not accurate that they're not willing to forgive student loans at all.[/quote]

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