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That also seemed like a comically paltry move. I still have to make my payments, after all! In addition my wife and I have spent the last couple of years with
by tjr225 7y ago
That also seemed like a comically paltry move. I still have to make my payments, after all!
In addition my wife and I have spent the last couple of years with two incomes wiping away our student debt on high incomes in Seattle - so the only loans I have left are pretty low interest.
The only way I can see this working for everyone is to simply halt the economy altogether. No mortgages, no bills, free food, free medical care. Once we get a hold on the disease itself we can deal with the economic impacts.
- CubsFan1060 7y agoI suspect the interest will help some quite a bit. Not everyone, of course. I do think that the money would be better if targeted toward certain people versus peanut-buttered over everyone.
- basch 7y agoBut the payment doesnt go down, it just applies more to principal. It will benefit people more in the long run, but it's not short term relief.
- fortran77 7y agoOf course, suspend the payments through this crisis, but why should you not owe it?
- tjr225 7y agoWhat exactly are you trying to do here? Criticize my life choices? You don't know me or my decisions. What if I did exactly what you said but happened to fall in love with a wonderful woman who happened to have a bunch of student debt? Why should _anyone_ to be expected to pay their student loans if all of the other sectors of the economy are going to shut down? The biggest mistake I making here is even attempting to have a discussion with you. Bugger off.
- smabie 7y agoBecause you made the choice? You can’t just decide you don’t like feeling paying because the economy is bad.