Student Loan Drive Recession -- Paul Oster #5852
Kerry Lutz and Paul Otter discussed the Supreme Court's decision to strike down the current administration's plan to forgive student loan debt. They highlighted the potential impact on borrowers and the economy, including missed payments, higher...
July 11, 202315m 46s
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Show Notes
Kerry Lutz and Paul Otter discussed the Supreme Court's decision to strike down the current administration's plan to forgive student loan debt. They highlighted the potential impact on borrowers and the economy, including missed payments, higher credit card debt, and a decrease in credit scores. The need for Congress to revisit the student loan scheme and hold universities accountable for their role in creating the problem was also discussed. Both Kerry and Paul agreed that canceling the debt is not the solution and that Congress needs to find a way to solve the problem without causing pain elsewhere. They emphasized the importance of borrowers being proactive and having a plan in place to deal with their student loan debt. Go to Paul's site: https://BetterCredit.com Visit FSN: https://FinancialSurvivalNetwork.com