The new debt ceiling deal would resume student loan payments...

Debt-Limit deal passes House with broad bipartisan support

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Singh Rahul joined discussion · May 29, 2023 17:58

The new debt ceiling deal would resume student loan payments on July 31st if it passes on Wednesday.
This is 1 month sooner than the previously announced date of August 30th.
Currently, there are $1.6 trillion in student loans.
Payments have been suspended since 2020.
Student loan payments will generate $5 billion in interest per MONTH.
This is on top of record credit card debt and interest rates.
The debt crisis is worsening.

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MoneyComesMoneyStays : The "debt crisis" only exists when a Democrat is in the White House otherwise the Republicans ignore it.

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Singh Rahul

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