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Biden proposes new student-loan measures after court defeat
(www.reuters.com)
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this post was submitted on 02 Jul 2023
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Lol. Funny that you are being downvoted because you are absolutely correct.
I guess the deadbeats don't care - they just want their free money from the taxpayers.
You call us deadbeats but what about the insane predatory nature of the loans in the first place? Most of us were forced, manipulated, or scared into taking out loans at 18. Most of us also didnt have the education in the first place to understand what the loans all meant, either. "Go to college or you'll be working the mcdonalds drive-thru at 35" kind of stuff. The brain doesn't stop developing until like 27, so regardless of what society has decided, 18 year olds are still very much children.
We were tricked/manipulated/sometimes outright lied to, and now 3/4 of the $400 payment goes to interest.
I want to pay back what I borrowed, but at 2/3+ just going to interest, the principal never goes down. For many its still more than they borrowed years and years ago. That's what's criminal.
Nobody even had the balls to reply. Just downvote and move on because they know I’m not wrong lol.