I’m wondering what gonna happen if everyone will stop paying their student loans ? Will banks go bust or they have insurance in case this happens ?

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2008📉

"Chancellor on brink of second bailout for banks"

They'll 6102 the payments from their bank accounts.

Bailout, obviously.

Idk why then everyone paying their loans then lol

Whatever it is, Bring it on. Burn that motherfucker down.

They keep your taxes or and put a lean on your social security number. So any money you get or win they take it from you

I know this because i did this. I never paid my student loans and tgey kept my taxes till it was paid. Same with any other federal loan.. credit cards just mess up your credit for 10 years and you have to restart from 0

Hope you stacked sats with that loans lol

I maxed out my credit cards and threw them out. Where im going i dont need credit hahaha. Im really opting out the system.

Boss! I maxxed out mine as well but I will just keep paying total minimum and do the balance transfers. Just gotta let it inflate on its own. If I will decide to leave the country I might just not gonna pay it as well lmao

After a certain period of time they start taking payments directly from your paychecks. Student loans are a cancer to society.