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More Subprime Borrowers Are Missing Loan Payments
WSJ ^ | 19 May 2022 | AnnaMaria Andriotis

Posted on 05/19/2022 9:37:14 AM PDT by NautiNurse

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To: ridesthemiles
“ 40 million student loans outstanding.”

Looks like those govt printing presses gonna be work OVERTIME!
41 posted on 05/19/2022 11:47:14 AM PDT by The Louiswu (We couldn't 'afford' $4 billion for Trump's wall at the southern border?)
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To: invoman

LOL!


42 posted on 05/19/2022 11:58:57 AM PDT by NautiNurse (Who will portray Alec Baldwin in the SNL skit? )
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To: NautiNurse

“Surprisingly unexpected.”

Who could ever have possibly predicted that people with bad credit would not repay their loans.


43 posted on 05/19/2022 2:45:39 PM PDT by EastTexasTraveler
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To: EastTexasTraveler

So true.


44 posted on 05/19/2022 2:50:12 PM PDT by V V Camp Enari 67-68 ( This clears up a lot of misconceptions.)
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To: EastTexasTraveler
Who could ever have possibly predicted that people with bad credit would not repay their loans.

Indeed. Wonders never cease.

45 posted on 05/19/2022 2:50:39 PM PDT by NautiNurse (Who will portray Alec Baldwin in the SNL skit? )
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To: Grampa Dave

I dealt with a guy Tuesday who was having trouble with 10:15 - 6:45 being 8.5 hours. Then again, I guess you don’t hire furniture movers for their math skills. Still . . .


46 posted on 05/20/2022 8:11:17 AM PDT by FreedomPoster (Islam delenda est)
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To: FreedomPoster

“I dealt with a guy Tuesday who was having trouble with 10:15 - 6:45 being 8.5 hours. Then again, I guess you don’t hire furniture movers for their math skills. Still . . .”

One of our church friends was originally from Oregone and basically in the late 60’s early 70’s, supposedly worked as a math teacher in Oregone schools. He was not in real demand.

So, he moved here to N. California and taught math for about 25 years and did some tutoring. He hired him to help our youngest son re the basics, %’s and the geometry skills we need in real life. Our friend did a great job with our son and other kids needing help with basic math.

When this friend retired as a teacher here, he moved several counties away to be a substitute math teacher and mainly a tutor. He was very blunt in his assessment of our local math programs and teachers. He stayed blunt in a different county and soon had all of the students he had time to help.

He predicted that Oregone would do away with Math, reading and basic programs for their so called high school grads.

California is not far behind Oregone re zero math and reading and writing skills in our so called public schools.


47 posted on 05/20/2022 11:11:14 AM PDT by Grampa Dave (,JUST LEAVE US ALONE!...Be whatever, you thalink you are!!!! On YOUR Time and Dime, NOT OURS!)
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To: Grampa Dave
zero math and reading and writing skills in our so called public schools.

Environmental alarmism, gender studies and equity have pushed out reading writing and arithmetic.

48 posted on 05/20/2022 11:15:13 AM PDT by 1Old Pro
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To: NautiNurse

Fewer people are in subprime credit-score brackets than when the pandemic began. Some 18.6% of U.S. adults with credit scores had a score lower than 600 in 2020, compared with 15.5% last year, according to Fair Isaac Corp. , creator of FICO scores.
\———————————————
classification is very artificial. Looks likes subprime will have to be redefined.................


49 posted on 05/20/2022 11:19:23 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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