Student Loans
Umbraveil
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1y ago
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100%
Student debt: White House faces backlash for restarting interest on loans
https://thehill.com/homenews/4082398-student-debt-white-house-faces-backlash-for-restarting-interest-on-loans/Such a mess, and overly politicized.
The biggest issue I have is how the interest rates have made it incredibly difficult for people just beginning their careers to get ahead of the growth curve that a low paying job and high interest debt creates.
How did we even get here? Talking with my Dad and my wife, we've seen such a massive spike in both tuition and interest over the last 20 years.
Debt should be paid, and loans should have interest, but, they should be reasonable. This is a profit machine that preys on the young, uneducated, and inexperienced.
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