Republican appointed judge - put it in the FUCKING headline. Stop pretending that the idea of an impartial judiciary is possible today. The context matters.
Rule 4. Post titles should be the same as the article used as source.
R2O is obeying the rules here.
I assumed they were fuming at the article authors.
We can’t forgive “their” debt, it will break us and they should pay it.
Same people: Any company that misses its quarterly earning.
U.S. District Judge Randal Hall, appointed by Republican former President George W. Bush
Fuck the GOP.
This block does not freeze interest. It is continuously accruing for those of us that have been put on hold over this shit show.
If you pay down the debt you took, it will stop acrewing interest.
I’ve been paying on it for 12 years. I have paid over $20,000 to remove roughly $5,000 in principle. Most of the progress I made was from the 0% interest freeze during COVID. I will be in debt for the rest of my life unless we have some reform or I get a lucky windfall. Most student loan borrowers are in a similar, if not worse situation.
People who are against student loan reform have absolutely no idea how predatory and broken the system currently is.
I’m 44 and still have one student loan left. Wife and 2 kids, and yet.
The interest doesn’t stop accruing (that’s how it’s spelled) just because you make payments. Go gargle Trump’s balls some more.
The interest all together doesn’t stop accruing but I think the parent commenter was trying to say that the interest will no longer accrue for the portion you’ve paid off. (The same as any other loan) So, if you continue to make your payments, you’re not getting extra screwed because of these shenanigans. No more than you’ve already been screwed at least.
Or is there something unique about this that is preventing people from making payments?
Most of these loans are interest paying first. Which means the principle (which the interest is being calculated from) doesn’t go down. No other major loan is this fucked.
You get a car loan or mortgage, it’s set up so that you pay it off in X number years.
Good luck finding a student loan that you could do that with, especially when 75+% of your income goes to rent.
That judge has a agenda
Stock in student loan companies.
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