Blatant politics from the Supreme Court. The states had no standing to appear before the court on a federal issue. Kagan dissent was the ruling that should have been.
What a fucking joke.
When payments resume shit’s gonna get ugly
Yes it is. And those who didn’t make payments or weren’t able to during the pause just extended their debt slavery by 3 years.
It’s outrageous that loans that cannot be discharged have such high interest rates.
It’s outrageous that the something that benefits us all must be taken on by those willing to step up and learn.
Well at least we saved a massive amount with inflation, better to pay it now 4 years later after having it at 0 interest than 4 years ago when money was worth more
When I got engaged to my wife and we were going over our finances, her student loans blew my mind. The way they set up her payments, more than half of her loans were growing despite making monthly payments. The freaking interest was higher than she paid in every month.
I do not get how these 6 states were determined to have standing in the first place? Isn’t the whole US justice system predicated on the fact that you need to experience direct or indirect harm, be an actually involved party for you to be able to sue? They’re federal loans, so federal money, where does their standing come from?