Ah, here we go. Just like we thought would happened. Almost like we wrote the script ourselves.
And all the excuses the Biden administration put together for absolutely forgiving student loan debt coming to life in one irresponsible package.
Of course, when you’ve already got a get-out-of-credit-report-jail-free card handed to you by Crusty Claus and his gang of thieving education elves, whut? You worry?
Aw, hell to the nah.
🚩Red flag in student loan payments: 40% missed their payments in October this year, a stark jump from 26% in 2019.
An overlooked warning of economic stress? pic.twitter.com/NqpofkJN0y
— Michael Burry Stock Tracker ♟ (@burrytracker) December 18, 2023
It’s hardly surprising the same group which made no attempt to keep paying anything during the hiatus – even to drop balances down while interest accrual was paused – would put it off yet again,…