The “current on payments” (not including Covid) is the big loophole.
Many of these “financial geniuses” out there never got current—ever.
“Many of these “financial geniuses” out there never got current—ever.”
That’s true. They deferred forever.
My wife paid on her student loan and last month they automatically canceled the remaining $78k of her graduate school, including fees for licensure and years of internships. $78k, gone. Both parties keep increasing our taxes and the regulations that cost us money. For once, we actually got something significant. Nothing either party does benefits us.