It’s been nearly three years since the US government decided to allow borrowers to pause payments on student loans. Since then, the debate on whether to forgive student loans has reached the Supreme Court, which will hear the case later this month.
Whether you paid off a car loan, put down a payment on a new home or made a big purchase that had a significant impact on your life, CNN wants to know if those extra dollars helped you make any financial strides. We know the issue of student loans disproportionately affects those from low-income backgrounds and minority groups, and we’d like to hear from you. Share your stories with us, and we may follow up for a CNN story. If you are unable to see the form below, click here.
Precisely the amount of consideration that went into this article
Paying rent
Groceries and heat
Paying bills?
What a privileged ass question. Who 'saves' money in this except for the gov't? What have the corporations & millionaires done w/the money they've 'saved' w/their forgiven debts on the PPP loans?
Um… trying to stay alive. Spent $3000 on ketamine infusions & maintenance for my ptsd and depression a few years ago. $4000 to move out of a toxic home environment. Still have debt. Thanks for asking, but I don’t think you wanted a real answer…
This is so out of touch 🤣🤣🤣
Building a guillotine
Sarcasm much i.e. studentloanforgiveness saved money by studentloanborrowers ? Here FactsMatter gaddam sarcastic question on struggling working students! Aim at filthy rich privileged students not on REAL HARDWORKING STUDENTS FFS ‼️🙄📈
Honest, cost of living? Our rent increase in the past few years far more then eats away any savings I would have from not paying loans.
Unfortunately, continuing to pay off student loans because the gop obviously only give a 💩 about social programs for corporations and the wealthiest citizens 🖕🏻🖕🏻🖕🏻🖕🏻🖕🏻🖕🏻🖕🏻
Paying for my 15% increase in rent. I wonder how many people will default on their mortgage or rent payments once student loan payments resume
Watch and listen to this video as I share how I paid off $74k in private and federal student loans in under 2 years. Get ahead and stop adding more interests to your payments or waiting on the government for student loan forgiveness. Start building wealth
Live. Pay bills.
bffr....i am simply surviving at this point
Making my house payment
Let’s see, the space in my household budget the student loans were taking has been taken up by more expensive everything and through-the-roof interest rates.
Y'all are saving money
buying food. paying to have a roof over my head.
Fucking your mom.
oh it goes to one of the *other* parasitic entities that demand increasing amounts of money for basic things that should be free, thanks for asking
Saved? You mean what other bill did i use the money for?
Whoever wrote this
Live
Surviving, CNN. Surviving.
Bought eggs and fuel.
What money? Inflation, raising cost of living, already being under paid in many careers…. Like, how much money do you think we’re making after fucking up every aspect of life for our generation? How much is a carton of eggs?
We spent it on medical bills and daycare.
Im confused / mine says it’s late and not paused. Who I need to call lol
Cocaine
Trying to survive !
Making payments on my private student loan lol
Saved? Lol you mean spent on inflation?
what do you mean 'saved' it all disappears into other bills instantly
Pay principal-only while you can.
Tf kinda question is this 🥴
How tf we going to save when dealing with inflation
Considering rent doubled?
What money? People have extra money to save? Interesting...
Y’all are saving something 👀
A better question is how are you going to pay rent and groceries now that you have to pay again.
Afford to live
Buying fuckloads of avocado toast and Starburst coffee
don’t tell them, they’ll just use that information to raise prices on those things
I kept paying while there was 0% interest accruing.
Lol paying my other bills that were neglected!!!!
There was a fucking pandemic
Lmfao is this for real
Surviving?
Trying to survive while y’all raise rents over 11% but handing out raises for 3%
Lol! What?
This is comedy.
Money saved? More like repurposing the $$$ to pay other bills
Buying new shiz on credit. WAZZUP!
My student loans are gone forever.
What money saved?
Getting slightly less into debt trying to stay alive in an unregulated capitalist hell
Umm paying private student loans tf
It’s going towards the high costs of everything else - groceries, mortgage, daycare. It’s money being spent on life’s necessities.
Eggs sautéed with caviar daily and 28 inch rims on my Geo Metro with no floor.
Saved Wtf
buying guns to leverage against student loan servicers.
If by 'saved' you mean 'spent it on necessary medical care and bought a house,' well there's your answer. None of it has been saved.
Are we sure we aren’t the third world country?
Are you fucking kidding?
HAHAHAHAHAHA
So fucking what? They got screwed over by a predatory system that makes people essentially go broke just to achieve higher education that's supposed to help them get better jobs so they can pay off the loans imposed by a predatory system that... Do you see the problem here?
Saving what money? I’m getting bent over by rent and egg prices
Starving slightly less.
Husband and I have been putting our monthly payments into a HYSA so we can collect interest while payments are paused.
Survive
have you seen the price of groceries?
With the way inflation is, I doubt anything is being saved
Paying my bills
Making sure it don’t go over to Ukraine. They already got enough of my tax money
playin it on the ponies. what’s it to you, pig
Enjoying unemployment and inflation 🤷🏻♂️
A deeply unserious headline.
Is this a joke, cause it is not funny
What money?!?!
A year’s subscription to CNN+
FJBiden inflation costs ate it right up
I'm appalled that all these hands out kids are spending their money on things like 'Rent' and 'Groceries.' This pause has spoiled these kids, and honestly, I think allowing them to read is a flaw in our society! Darn kids know nothing about money!
subsidizing landlords
Well, I invested a fair amount in the stock market, made a down payment on a home, started a fam--- Ahahahahaha just kidding. All of it gets eaten by the cost of living. I just figured since we're making clown posts I'd get in the spirit of things.
Nunya!!!
Paying my bills, obviously.
What money?
Buying Percs to flip whatchu think
Remodeling and putting the rest in my Roth
How can the average person save money when EVERYTHING is up!?
Cute of y’all to assume the money was there in the first place
Paying other bills lol
Paying bills
Money saved lmao we are surviving bro.
Oh, this isn't gonna go well for y'all.
Probably spending on weed
What am I doing? Living in this inflated economy with it.
Gas, food, home insurance, property taxes, inflation, medical bills despite having health insurance
What money saved?
do you have any idea how much more expensive shit has gotten since they did that
i shoved it all up my ass
They should be making payments on THEIR LOAN instead of spending it on anything else.
Spending it on inflation, this post has me baffled--wtf!
Paying other bills.
Took the gang to Disney!!!!
🙄
Paying rent, what the fuck do you think we were doing
Most of the people I know are paying them throughout the pandemic because now that the predatory interest isn’t there, the payments are reasonable.
I’m sure the free loaders are spending it on real important things. NOT
Trying to survive a shitshow economy, on shitshow wages, in a shitshow country run by shitshow corporate shills, contemplating why so many fellow citizens are willing embracing the political shitshow and cheerleading shitshow ideas and shitshow ideologues with religious fervor.
There’s nothing saved. Just our rent went up the same amount our monthly payments would have been. Much less the rest of inflation.
Making interest free payments because that balance isn’t going anywhere.
Still broke 😂😂
NFTs, shoes, concerts, and meme stonks.
Saved? It's all been offset by rising housing costs and inflation
Surviving without my head completely below water.
Haha, I'm still barely surviving my bills. I delivered twin boys last year and despite working full time and having full health insurance, my medical bills from that are driving me towards bankruptcy. I would surely sink if my student loans were added back in on top of all that.
Surviving 38% inflation from the pathetic Biden administration
Struggling less. There is no saving
Paying other bills
Surviving
I was able to pay off my private student loans in full and early, as well as save more than anticipated for a down payment for a new home that were able to purchase last year.
You should have been paying down the balance when in deferrement and not paying interest. But hey, that’s what fiscally responsible people would do. Not people that were “saving by not paying”.
I purchased Nonya Insurance... Non ya business.
Buying stuff they don’t need because they’re entitled
Thinking cnn didn’t think when posting this dumb question.
Saving.
Piss it away while the interest keeps building up
Saving it up to dump into them once the payments kick back in
Making the payments…. 100% principal
Currently saving and paying off in big lump sums. About to knock out $22k come in 7 days. Then focus on the public loan before payments kick in come June.
Lots of far right replies. Not one normal response yet
Paused Student LOAN.... Meanwhile the National Debt aka Credit Card Payment, Not Paused. Sure be Nice when those who Used the System MATURE into Adults and Help Pay The Expenses to which they Used for Self Betterment 🙄 🤔 Responsible VS Irresponsible
Still thinking about getting a job.
Been paying my loans
all while their private loan interest rates have soared. he caused that, can you say he did? he created a bigger issue with student debt
Lots of weed
Buying assault rifles
Still paying them 20 years after I started biggest rip off in American history
Hookers and cocaine
Buying overpriced eggs and the most expensive gas in America! Damn it feels good to be an American
They are probably buying new phones or meth.
Food
we all hate you cnn, democrat & commie, republican & fash alike -- we hate you.
Probably ate, clothed and sheltered themselves.. payments on life weren't paused CNN.
Food
Donated to trump and bought crypto
Buying weed.🤪
LOL saving money that’s cute
Spending it on groceries that are sky high
I have been saving it in and recently used some of it to open an IRA that I plan to add to each month to help me save for retirement.
LMAO what money
Nothing saved. Just feeling temporarily less horrible about not being able to make payments and the mounting interest 🕺🏻.
Still making payments
I can only imagine they're building up their back accounts.
Buying overpriced groceries.
Well for responsible people like myself, I paid off all my private student loans BUT something tells me CNN’s audience isn’t the financial responsible kind…
Tattoos, blue hair color, skinny jeans for boys? 😂😂😂😂
Paying down my loan like an adult.
Buying eggs
Buying groceries
Covering sky high food, gas and utilities 🤷♀️
Spoiler: They pissed it away on coffee and PS5 games instead.
Use money to make money
With 8% inflation, what do you think they are doing? Surviving.
Saved? That money went towards other essential expenses
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Source: BusinessInsider - 🏆 729. / 51 Read more »