With the debt ceiling deal having been passed, the next big question on many minds is regarding the student loan circus.

As most of us know, when the pandemic began a “pause” was generated for people who had student loan debt. Meaning, it was temporary until things got better from the pandemic. If you remember, many people at the time were not working or had completely lost their jobs. So rents, student loans and even Social Security overpayments were put “on hold”.

Well now the pandemic is allegedly “over” (it isn’t) and the country did not go into default, as was feared and miraculously, the debt ceiling passed. And part of that stipulation was that student loan debtors had to go back to paying off their student loans. Of course now everyone is waiting to see what the Supreme Court has to say about it. Which probably won’t be much.

Meanwhile many of us are sitting here saying to ourselves, “Wow. If your $10,000 gets annulled, big whoop. You’re still on the hook for the other $50,000, $60,000, etc. You’re still going to have interest coming out of your ass to pay. And goodie for you but what about the future student loan debtors? Are they going to want the same thing? Because it’s not going to happen.”

And then there’s the fools who went on Twitter to say they were going to “boycott” their payments and never pay them back. If you plan on doing that, you’d better plan on living with Mom and Pop for the rest of your life. Because you won’t have shit for credit. Ever. You will never own a car. Or a house. And if you never finished school, don’t even think about going back because the door will be slammed in your face. Don’t ever try to take another class either.

While we’re at it, why don’t the rest of us debtors demand debt relief for our mortgages and auto loans, home equity loans and home improvement loans. After all, if people who sought an education, many of whom didn’t even complete college, can try to get student loan debt forgiveness, why not give loan debt forgiveness to anyone who has a loan, no matter what it’s for?

If you think the economy is bad now, wait to see how it would be if that happened.