All these comments whining about how this will hurt credit scores, pay attention to the laws that we have currently. Student loan companies cannot take any action on unpaid loans for 1 year from the start of repayment. Interest still accrues but they cannot garish wages like all these morons are saying.
That means for most, you don’t need to pay anything until after the next election. Use the only leverage we have and don’t pay back the loan for at least a year. Make them earn the vote and do something else to cancel these loans
All these comments whining about how this will hurt credit scores, pay attention to the laws that we have currently. Student loan companies cannot take any action on unpaid loans for 1 year from the start of repayment. Interest still accrues but they cannot garish wages like all these morons are saying. That means for most, you don’t need to pay anything until after the next election. Use the only leverage we have and don’t pay back the loan for at least a year. Make them earn the vote and do something else to cancel these loans
One year isn’t a long time. That’s quite the limb to go out on without any kind of certainty that it won’t ruin your credit in a year.
You go from saying it won’t happen to saying you have a year countdown. Make up your mind. No one is saying it’s going to happen tomorrow.