Imagine buying a house and being given a fixed rate and mortgage payment plan for the government to come in and say “NEVER MIND!!” and the interests rates go up, some of your payments towards the loans don’t count, and now your have a higher monthly payment. The United States would lose their minds and lawsuits would follow FAST. With the uncertain times, inflation at its all time high, and many borrowers being unable to pay when will it reach its breaking point?
All right … at one point do student loan borrowers sue the DOE for loan forgiveness with all of the insane changes that have been happening with student loans?
byu/Cozysoxs1985 inStudentLoans
Posted by Cozysoxs1985