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2026-06-08 03:34:07 UTC
in reply to

bitbybit on Nostr: I think it's already a disaster, you never hear about the default/delinquency rates, ...

I think it's already a disaster, you never hear about the default/delinquency rates, they are probably extremely high. Not to mention income driven repayment which allows you to only pay a portion of your income if you earn below a certain amount.

They are one of the biggest assets to the US govt at the moment.