I accidentally asked this on shit post channel by accident so I’m asking in the correct channel now. Leaving the other one up because the replies were good.

  • MsPenguinette@lemmy.world
    91·
    3 months ago

    I’m not sure what I’m gonna do. I think I might choose to miss one or two months just to see if we all hold the line

      • MsPenguinette@lemmy.world
        111·
        3 months ago

        I definitely don’t qualify for finacial hardship in any sense of the term. I’m in the high end of middle class income. I’ve been participating in the not paying as a form of protest for student loan reform/forgiveness. I’ll be relatively fine when payments of $500 a month start back up. It’ll suck but not gonna put me into hardship.

        It’s really about solidarity at this point cause I’ll be in student debt for an insane amount of time. Then again, even tho I’m okay, I don’t have much of a runway if I were to get an unexpected layoff

        • ShepherdPie@midwest.social
          6·
          3 months ago

          Aren’t you kinda screwing yourself by doing this? I’m not super familiar with the current deferment program so I could be completely wrong, but I thought they still charge you interest while you’re in deferment which just increases what you owe at the end of the day.

          • MsPenguinette@lemmy.world
            31·
            3 months ago

            Im Def racking up interest but I’m lowkey banking on student loans being forgiven before the extra interest becomes a problem. Like, I’m gonna assume that at worst I’m adding an extra year of payments, but that’s going to be future me’s problem in like 15 years.

            • ShepherdPie@midwest.social
              2·
              3 months ago

              I totally get the sentiment, but compound interest is a real killer and it’s not like these can be discharged like other debt (in the event that student loan forgiveness doesn’t eventually happen)