I agree with you in principle, but they won’t do it and you’re likely going to end up struggling. There are other payment plan options that I encourage you to research before you end up in more debt which you can’t offload. It’s fucked up, I know. And I’m sorry you’re having to decide between a payment or shelter. Obviously shelter comes first. But there might be other options to allow you to have both.
My student loans were private, not federal, which actually worked out great when it came to discharging them.
Defaulting on them fucked my credit for a while, but then it left my credit report after 7 years. And my debt to income ratio was so fucked from them anyway that it really didn’t hurt that bad, and it was okay in 7 years, whereas paying double my rent every month would only cover interest and keep going indefinitely.
I agree with you in principle, but they won’t do it and you’re likely going to end up struggling. There are other payment plan options that I encourage you to research before you end up in more debt which you can’t offload. It’s fucked up, I know. And I’m sorry you’re having to decide between a payment or shelter. Obviously shelter comes first. But there might be other options to allow you to have both.
Consider killing a CEO
NO we should all stop paying. If everyone of us who have student loan debt stop paying we crash the system. It needs to burn like Elon dealerships.
The necessary prerequisite to this is to organize.
My student loans were private, not federal, which actually worked out great when it came to discharging them.
Defaulting on them fucked my credit for a while, but then it left my credit report after 7 years. And my debt to income ratio was so fucked from them anyway that it really didn’t hurt that bad, and it was okay in 7 years, whereas paying double my rent every month would only cover interest and keep going indefinitely.
oh honey. we’re so fucking far past that.
Yes. God forbid somebody tanks their credit score. They might never be able to buy a house because of that!
I hope you can taste the sarcasm in that, and I don’t have to add a /s.