So if you make minimum payments on your student loan (Aka “credit card”) and don’t pay off your debt in 20 yrs…it’s free!!
I graduated in 1991 and got my MBA 2005, I didn’t realize all of those people beside me in class were getting “fleeced” by their student loans. Fleeced meaning taken advantage of…at least by today’s liberal definition. (Hey, take out a $200k loan at 10% interest and only pay $5k/yr 😉 after 20 yrs of minimum payments…you are fully paid). I’m waiting for the Democrats to lower minimum payments to $1.
www.cnbc.com
I am sure the liberals will find a way to justify, but if a student thinks they are cheated, why not force them to sue the finance company or the school where they got their degree (if that even happened).
I graduated in 1991 and got my MBA 2005, I didn’t realize all of those people beside me in class were getting “fleeced” by their student loans. Fleeced meaning taken advantage of…at least by today’s liberal definition. (Hey, take out a $200k loan at 10% interest and only pay $5k/yr 😉 after 20 yrs of minimum payments…you are fully paid). I’m waiting for the Democrats to lower minimum payments to $1.
Biden administration forgives $39 billion in student debt for more than 800,000 borrowers
The Biden administration announced it would automatically cancel education debt for 804,000 borrowers, for a total of $39 billion in relief.
I am sure the liberals will find a way to justify, but if a student thinks they are cheated, why not force them to sue the finance company or the school where they got their degree (if that even happened).
