Only 60% of student loan borrowers made payments when bills restarted
www.cnbc.com
Just 60% of student loan borrowers with bills due in October had made a payment by mid-November, new data by the U.S. Department of Education shows.
  • Copernican
    4·
    2 years ago

    What a weird quote to use for your argument. The quote says it is a loss when adjusted for inflation. That is not a profit in any meaningful sense. When money is leant with interest below the inflation rate that is not making profit.

    • Chriswild
      3·
      2 years ago

      Plus a return rate of .6% is awful. The same banks would demand at least 5%