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Should I start paying my student loans again? (lemm.ee)

submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/[email protected]

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I, like many and hopefully some of y'all, stopped paying my student loans during Covid and never restarted paying because we're supposed to have gotten relief from this debt that should've never existed in the first place. Now we have Trump coming back which kills the possibility of debt relief. So should I start repaying so I don't get my wages garnished? Or do we think the government is going to be too inefficient to come after it?

Edit: At one point when I heard that it was the only way to get forgiveness, I moved all my debt from a third party to being a government loan. Does that change anything?

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[–] BombOmOm 59 points 2 weeks ago (19 children)

It continues to gather interest. If you don’t pay it down, you will have a larger loan in the future.

Pay your debt.

[–] [email protected] 21 points 2 weeks ago (18 children)

I cant afford it either way. Before the pandemic there was more student loan debt in the US than credit card debt. It's the 2008 housing bubble all over again, only this time there aren't even millions of worthless homes to compensate lenders.

[–] StaticFalconar 6 points 2 weeks ago

Did the interest rates change over time for your student loan debts?

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