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Biden's flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result | Fortune
When the government hints at doing something big, like canceling student loans, people start acting as if it's already happened, even if it's not guaranteed.
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fortune.com
Biden's flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a…
When the government hints at doing something big, like canceling student loans, people start acting as if it's already happened, even if it's not guaranteed.
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cryptobriefing.com
US Department of Education reports student loan defaults rise to 9.2 million in April after pause ends
Federal student loan defaults hit 9.2 million in April after the pandemic collection pause ended, with delinquency rates reaching record highs.