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> layoffs aren’t as destructive as they used to be. Student loan debt cannot be discharged. Unsecured personal debt is at all-time highs. Nearly half of Amer
by slumdev 7y ago
> layoffs aren’t as destructive as they used to be.
Student loan debt cannot be discharged.
Unsecured personal debt is at all-time highs.
Nearly half of Americans have less than $1000 in savings.
You are wrong.
- marcusverus 7y agoFederal student loans are eligible for deferment during periods of financial hardships, including unemployment, for up to three years. https://studentaid.ed.gov/sa/repay-loans/deferment-forbearance#deferment-eligibility https://studentaid.ed.gov/sa/repay-loans/deferment-forbearan...
- p1esk 7y agoYeah, no. I’ll take being laid off in 2019 over being laid off in 1919 any day!
- vorpalhex 7y ago> Unsecured personal debt is at all-time highs. > Nearly half of Americans have less than $1000 in savings. Those both sound like bad financial planning. Pumping more money into the equation won't solve that.
- Sohcahtoa82 7y agoThere's no money left for savings when rents double over 10 years while wages only go up $1-2/hr.