Time for Student Loan Repayments to Begin

Over the past three years lots of freeloading and entitlements were given. From people that stopped paying rent to those of higher education nit wanting to pay their student loans. All of this due to the fear of a head cold, a cough, and a fever.

Well, the Supreme Court of them United States has spoken. The campaign promise of them lying installed president has finally been to rest. All of you deadbeats will have to start paying back your debts racked up while you pursued a useless education.

Starting Sept. 1, interest on student loans will resume. Payments will follow in October, though the exact date will depend on the servicing company. The Department of Education is expected to give more details in the next few months on the specifics of the restart.

The Biden administration previously said the student loan payment pause would be lifted after the Supreme Court ruled on President Joe Biden’s student loan forgiveness program, or two months after June 30. That scheduled was later tweaked to the September/October dates.

The SCOTUS decision – expected in June or July – factors in as well. The nation’s highest court is deciding if Biden’s plan to forgive as much as $20,000 in debt for people with federal student loans, can proceed. Even if it upholds the White House plan, some 25 million Americans will still have some loan balance remaining, according to Department of Education data.

The government will start these loan repayments back e n force and they interest accumulation will go on as well. These deadbeat dirt bag "adults" are lucky they didn't have interest rates accumulating while they weren't paying.