/biz/ - Business & Finance

[Anonymous No.55538233]

How badly is the student loan payment resumption going to affect all markets?

[Anonymous No.55538243]

>>55538233
Checked, it'll coincide with a fed pivot and then the market will be ogre.

[Anonymous No.55538250]

>>55538233
literal nithingburger

it will only push zoomers to get a job kek. I am already they will suffer. fuck soomerz

[Anonymous No.55538256]

I think it’ll be fine for the most part. So not much impact on the market. Could help drive down demand for housing and used cars. All I know is, some people are definitely fucked tho.
t.paying it all off before interest rates kick back in

[Anonymous No.55538267]

>>55538243
Is there anything Jeremy Irons can't do?

[Anonymous No.55538298]

>>55538267
I mean he tried his best to carry the Dr Nighattan show but it wasn't enough. However.

[Anonymous No.55538402]

resumption would assume that i had ever began paying it?

OP, care to clarify?

[Anonymous No.55538426]

Imo they gave zoomies some time to accrue any assets.
The loan per se is pointless if you can't fleece the debtor

[Anonymous No.55538450]

>>55538250
low IQ take. 45 million student loan holders, 160 million workers. 25% of the working population will be taking a $200-300/month haircut that they can't afford. it's such a big deal that the biden administration is working on implementing a "no credit dings if you miss payments during a 12 month ramp-up of payments" scheme.

[Anonymous No.55538495]

>>55538233
It’s priced in

[Anonymous No.55538655]

>>55538450

they can afford it. they'd just rather spend it on other stuff.

[Anonymous No.55538811]

>>55538655
https://thecollegeinvestor.com/43097/survey-student-loan-borrowers-resume-payments/

[Anonymous No.55538901]

>>55538243

[Anonymous No.55539189]

Considering a lot millennials bought RE bags at ATH with shit interest rates because
>it'll just be more expensive next year!
along with everythingflation, and WFH being used to thin the herd, this herd specifically, I'd say things are looking up for cash hogs.

[Anonymous No.55539234]

>>55539189
Muh 3% tho

[Anonymous No.55539552]

>>55539189
This. You’ll start to see effects of it next Spring. Collapse starts end of 2024.

[Anonymous No.55539612]

>>55539552
I think this fall but next spring is definitely when the firesale starts. Autumn will still be denial with articles like
>CLIMATE CHANGE CAUSED A SLOW SUMMER FOR HOUSING
Or some wacky shit.
>>55539234
I know way to many people who bought last year (either at the top or near the top with terrible rates). If you bought pre 2019 you are not part of the bubble.

[Anonymous No.55539622]

>>55538233
cant keep my landwolf down
>feels good man

[Anonymous No.55539625]

>>55538233
White women have a thing for wolves

[Anonymous No.55539663]

>>55538233
people that worry about that arent the people that are keeping asset valuations up you can be quite sure of that
biggest effect is in some localized shit tier RE at best

[Anonymous No.55539665]

>>55538233
If you are good at trading shitcoins none of this matters

Take the wolf pill

[Anonymous No.55539697]

>>55538233
You can plan for all eventualities with the Blackswan bot. The trading bot uses AI to execute instant trades based on news releases. It helps you to enter positions before the market reacts, whether it's bullish or bearish news. You can specify the events you want to trade on. Their twitter/website has more info on it. website: blackswan dot biz

[Anonymous No.55539713]

>>55539625
awooooogaaaaa

[Anonymous No.55539959]

>>55539697
the curry budget for this thing just doesnt get depleted does it now

[Anonymous No.55540933]

What the fuck is wrong with you poojeets?

[Anonymous No.55540990]

>>55538250
When the economy tanks later this year you will seethe and wonder why

[Anonymous No.55541017]

>>55538233
people with student loans arent buying stocks or crypto, bullish overall

[Anonymous No.55541206]

It won't because the people that still can't pay their loans after all of the free money (and no interest) of the last 3 years are too poor to be market participants to begin with. They'll just get poorer. Maybe some local rents will drop as they move back into their parents' basement.

[Anonymous No.55541292]

>>55538233
Man, I hope it puts at least a little downward pressure on rent.

[Anonymous No.55541381]

>>55538233
lol imagine thinikng people are going to start paying

[Anonymous No.55541428]

>>55540990
Because non-Whites are irresponsible?

[Anonymous No.55541450]

>>55541428
>its 2008 again

[Anonymous No.55541639]

>>55538233
Correct me if I'm wrong, but there's nothing to repo this time. I don't think student loans are going to threaten everything financially, after all, the folks who get fucked the hardest are those who have the smallest amount of market share.

That said, I'm wondering if we see folks commit terror attacks. I would imagine that the kind of person who goes to college is considerable more capable of delayed gratification, and might do more damage than just shooting a dozen normies in a mall.

[Anonymous No.55541683]

>>55541639
>there's nothing to repo this time.
That's my concern, as his sort of debt can't be discharged into bankruptcy. I think the only option is payment plans, which I believe would be 10-15% of monthly income. I don't know if most people could take a 10% haircut and stay solvent otherwise.

[Anonymous No.55541917]

>>55541428

[Anonymous No.55542137]

>>55539959
Marketing Wallet has about 9k in it. Dev wallet has like 90k. Between the two it's over 100k in funds for the project to be continued to be developed.

[Anonymous No.55542440]

>>55539697
Single most bearish thing I’ve ever seen

And im not wrong