3 ms·
> By the end of 2021, borrowers who saw their student loan payments paused increased their credit card, mortgage, and car-loan debt by $1,800 on average Aren't
by mcphage 3y ago
> By the end of 2021, borrowers who saw their student loan payments paused increased their credit card, mortgage, and car-loan debt by $1,800 on average
Aren't mortgages good debt? And being able to afford a car isn't a sign that someone is worse off, either. Plus, it's good for the economy.
> and even took on an additional $1,500 in student loan debt compared to those whose loan payments were not paused by the moratorium.
Again, is this supposed to be a bad thing? It seems to imply that these borrowers are still in school.