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RE: LeoThread 2023-06-23 06:05

The end of the student-loan payment pause could increase ‘serious delinquencies’ on other household debt, BofA warns

Yeah this is what happens when you spend the money on debt repayment on other thing.

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Who is to blame here? Students or the bank?

Well the college/student loan program is a scam so at that level it is the system.

Nevertheless, you have the debt and they stop payments so you go buy a car or shop at Amazon? That is what people did.

Okay. That's a fair analysis.