Oh dear, what are the banks, fund managers, hedge barons and stockholders going to do now? Create artificial turnips to bleed?
pull down to refresh
21 sats \ 1 reply \ @Undisciplined 14 Dec
I think most student loans are drawn straight from the feds now.
reply
111 sats \ 0 replies \ @winteryeti OP 14 Dec
A lot of private student loans are through banks, credit brokers and similar. They make up a good portion and will grow in number now that the feds have capped student loan amounts on "non-professional" degrees.
reply
69 sats \ 0 replies \ @optimism 14 Dec
Alternative title: student loan delinquencies reverse, nearing the previous decade mean? It's just that the intervention policy has been dropped.
reply
100 sats \ 0 replies \ @unboiled 14 Dec
archive: https://archive.is/0dNiR
reply
21 sats \ 1 reply \ @spiderman 23h
Print money to bail them out
reply
0 sats \ 0 replies \ @TNStacker 21h
It is starting.
reply
0 sats \ 0 replies \ @TNStacker 21h
Sign of coming deeper recession in confidence, spending, housing, etc.
In tough times or anticipated tough times the first payment one stops making is student loans.
reply