FinancialStudent Loans
#RI-6ad6eb0a·3 months ago·
1
“Impose financial penalties on defaulting borrowers”
What Actually Happened
I'm preparing to penalize millions of Americans in default on their federal student loans
What I wish I knew
"How to manage the government's $1.7 trillion student loan portfolio effectively"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider the economic costs of taking punitive measures against workers"
Regret Index
10/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Financial Category
337
Financial decisions logged. Avg regret 5.8/10 across the category.
Same Outcome Band
51%
of Financial decisions land in the severe band the same as this one.
React, question, or discuss this decision.