$22 billion for nearly 1.3 million borrowers who were cheated by their schools, saw their schools precipitously close, or are covered by related court settlements.

Source: https://www.politicspa.com/biden-administration-to-forgive-39b-in-student-debt/123533/?utm_source=rss&utm_medium=rss&utm_campaign=biden-administration-to-forgive-39b-in-student-debt

About 44 million borrowers in the U.S. were affected by the payment pause, which…

Source: https://biztoc.com/x/aef5a2fdfeb7ef8d?ref=ff

According to research from the NY Federal Reserve Bank, five million of these borrowers took out a total of $430 billion in equity, which they used to support their consumption or invest in other assets.

Source: https://www.counterpunch.org/2023/10/16/its-time-to-lower-interest-rates/

Across the U.S., student borrowers owe nearly $1.75 trillion.

Source: https://time.com/6258489/student-loan-relief-benefits-supreme-court-decision/

Affordability will need to be checked if borrowers wish to permanently convert to an interest-only mortgage, or where the mortgage term is proposed to be extended beyond the borrower’s expected retirement date.

Source: https://www.barryanddistrictnews.co.uk/news/national/23615431.lenders-signed-new-mortgage-charter/?ref=rss

After opting for title loans, borrowers end up in an awful situation and fall into a debt trap.

Source: https://www.chartattack.com/best-cash-loans-on-car-titles/

After sitting on the sidelines for years, student loan borrowers will have to resume payments starting in October.

Source: https://www.denver7.com/millions-of-people-are-set-to-lose-covid-era-benefits-this-fall

Although lending standards have been tightening, they are not at extremes, and solvent borrowers continue to have access to capital.

Source: https://seekingalpha.com/article/4588546-the-panic-seems-to-be-running-out-of-steam?source=feed_all_articles

Among those includes a plan to cut monthly payments in half for borrowers enrolled in an income-driven repayment plan.

Source: https://time.com/6287441/supreme-court-student-loans-decision/

And borrowers earning above these annual amounts would save more than $1,000 a year on their payments compared to other IDR plans.

Source: https://sacobserver.com/2023/07/biden-administration-offers-new-plan-after-supreme-court-halts-student-debt-cancellation/

And is it fair to say then that the leverage of your borrowers really is not at a worrisome level, just given their ability to handle from your stress scenarios?

Source: https://seekingalpha.com/article/4570477-hancock-whitney-corporation-hwc-q4-2022-earnings-call-transcript?source=feed_all_articles

And what Steve Sailer has been writing about the Minority Mortgage Meltdown is that it was caused by assuming that the minority borrowers were smart enough to decide for themselves that they could pay back those mortgages.

Source: https://vdare.com/posts/richard-lynn-r-i-p-93-years-of-truth-telling

A quick timeline for the Student Loan Payments Restart is something that the borrowers to mark in their calendar.

Source: http://davidsonian.com/2023/08/11/student-loan-payments-restart-important-dates-to-take-note/

As banks become increasingly strict, would-be borrowers can be turned down for misdemeanours as slight as a couple of missed credit card payments in the recent past.

Source: https://www.dailymail.co.uk/money/investing/article-11927607/MIDAS-SHARE-TIPS-Lender-car-buyers-drive-profit.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

As I’ve previously observed, the best evidence for or against racial bias in mortgage lending isn’t to be found at the front end of the process (borrowers applying for loans) but on the back end (whether borrowers pay them back).

Source: https://ansonrecord.com/opinion/36052/john-hood-racial-disparities-arent-proof-of-bias

As I’ve previously observed, the best evidence for or against racial bias in mortgage lending isn’t to be found at the front end of the process (borrowers applying for loans) but on the back end (whether borrowers pay them back).

Source: https://ansonrecord.com/opinion/36052/john-hood-racial-disparities-arent-proof-of-bias

At the same time, he maintained that these “modern colonialists” also create financial relationships with developing economies that make it nearly impossible for the borrowers to pay off their debts.

Source: https://english.almanar.com.lb/1891782

Biden in August that $20,000 of student debt would be forgiven to borrowers who received Pell Grants and $10,000 for those who did not.

Source: https://dailycaller.com/2023/03/02/wapo-editorial-biden-student-loan-forgiveness-plan-scotus/

But borrowers are eligible for debt cancellation only if they have either reached a certain threshold or accumulated the equivalent of either 20 or 25 years of qualifying months.

Source: https://m.startribune.com/do-you-qualify-in-the-39-billion-student-debt-cancellation/600289910/

But keep in mind, this will still follow more than 40 months of interest-free relief for borrowers.

Source: https://ktar.com/story/5422005/what-you-can-do-this-year-to-work-toward-being-student-debt-free/