Our 6abc data team crunched the numbers and found out that in the tri-state area, 3,150,000 people owe a whopping $112 billion in student loan debt.
Our 6abc data team crunched the numbers and this is what they reveal about student loan debt in the tri-state area: 3,150,000 people owe a whopping $112 billion in student loan debt."A couple I've paid off and this one is just lingering. Throughout the years, it just grew and grew and grew. I guess because of interest and because of the fact that I had taken some forbearances," she said.
Minnich says this comes at a time when"prior to the pandemic, ten million borrowers were already behind on their payments and there were three million borrowers that had balances of over $100,000, which basically is having a mortgage without having the house." "You'll pay much more interest, but if it allows you to make your payments, it's an option," warns Minnich."If that does go through, it's basically a $320 billion stimulus program at a time when inflation is at a 40-year high. So, if they're able to pass the student loan forgiveness, then they're more than likely to allow the student payments to start up again because that'll help balance some of that stimulus.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Does ‘Thor: Love And Thunder’ Have Post-Credits Scenes? Here’s What You Need To KnowHere's everything you need to know about Thor: Love And Thunder's post-credits scenes.
Read more »
Morning Brief: Dyslexia Series, New 6th Street Bridge, Everyday People PartyGood morning L.A. ☀️ Here's what you need to know today.
Read more »
Amazon Prime Day 2022: What time it starts, the best deals and how it worksHere’s everything you need to know about Amazon Prime Day 2022, which starts Tuesday.
Read more »
HIV Screening: What to KnowAbout 1.2 million people in the U.S. have HIV. But about 1 in 7 people don’t know their HIV status. The only way to know if you have it is to get an HIV test. Here's everything you need to know about a screening.
Read more »
Zambia plans to cancel over $2 billion projects to rein in debtZambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said.
Read more »