Birdwatch Archive

Birdwatch Note Rating

2024-04-11 16:07:24 UTC - NOT_HELPFUL

Rated by Participant: 74ECCA3EF7448D3B980F9ED8F32F36B173B1F5628209B515C110E46F202C00D2
Participant Details

Original Note:

NNN. The potential for future income is not money had. A person may make zero payments with the same outcome. Its also a very small percent of federal income. There are years where we collect less in payments than what we pay to the servicers who collected it. https://www.bloomberg.com/news/articles/2017-05-19/americans-are-paying-38-to-collect-1-of-student-debt?embedded-checkout=true

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