Submitted by vwxyzabcdef t3_125x6br in wallstreetbets
Whaleoilbefuked t1_je6pbam wrote
In my regarded opinion, the reason why spending hasn’t gone down yet is because of the student loan pause. That’s an extra $500-$1000 a month people throw into the economy. Once student loans resume, you will see it reflect on company balance sheets. In the meantime, people are living it up.
ColonelSpacePirate t1_je8duxf wrote
Current admin will fight like hell to keep this from happening before election.
d3nv3rite t1_je8ec6k wrote
So I should avoid SoFi until after the election? They so desperately want student loan repayment to resume.
ColonelSpacePirate t1_je8eqjl wrote
I don’t know. I’m not giving advice here. 🦧
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