Over half of US student loan borrowers racked up credit card debt during the payment pause—now experts worry about 'shock' - eviltoast
  • LittleLily@shinobu.cloud
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    1 year ago

    No, you jumping to stupid conclusions based on a clickbait headline might though.

    If you actually read the article, the data they’re quoting says nothing about debt increasing, only that the number of people in that age range with credit cards increased in the few years around when the loan payment pause. You know why that might have happened? Maybe because around the same time covid was happening and everything moved online and needed a card instead of using cash?

    • FuglyDuck@lemmy.world
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      1 year ago

      Not to mention the number of people that were living paycheck to paycheck at the time they … lost those paychecks.

      This guy would insist on people going hungry instead of having a drop of empathy