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Reply to "student loans...what will happen when payments start"
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[quote=Anonymous]Someone said it earlier, the loans are government and if they default it’s just paper money and no major ramifications to the economy in regards to being delinquent…here is the catch though, even if they are federal loans keep in mind they were packaged and sold to navient and a bunch of other private companies hence the government is being sued because the pause is affecting their business. I would think this will impact economy if a bunch of people are delinquent etc etc. This issue may be the thing that puts us over the top, in major downturns it’s always something unexpected that brings the cards down. [/quote]
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