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Around 40 Percent of Student Loan Borrowers Missed Their Payment Last Month

Artist Angie

We know how hell-bent President Joe Biden is on buying the youth vote with student loan forgiveness, which has been ruled unconstitutional and leaves it up to non-college-educated taxpayers to bail them out. During the COVID epidemic, the Biden administration placed a hold on student loan payments so those who lost their jobs due to lockdowns would have some breathing room. 

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The COVID epidemic is over and so is the pause in student loan repayments. But a lot of borrowers haven't seemed to have picked up on that. Around 40 percent of borrowers missed their October loan repayment.

They knew the pause wasn't going to last forever, right? Most of them probably thought Biden had forgiven their loans.

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That's Bidenomics!

Some are saying they just forgot to restart auto-pay, but if we had a president dangling loan forgiveness in front of us like a carrot, we too might take a wait-and-see approach.

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