Student Debt Lawsuits Are a Lucrative Business

Re:Student Debt Lawsuits Are a Lucrative Business by aplummer on Tuesday November 14, 2017 @11:05AM (#15696188)

I think this is another situation where you can look at the models in the UK, Europe, other similar countries to find solutions.

If I grew up in the US and could have managed it, you can study in Germany as a foreigner for free. Other countries like Aus have a system where your loan is interest free and indexed with inflation, and you start paying it off after you make about $35k per year as a percent of income.

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Re:Student Debt Lawsuits Are a Lucrative Business by godelski on Tuesday November 14, 2017 @12:25PM (#15697101)

Here in America we gain interest while we are in school and have to start paying it off 6mo after we graduate. For context, that is the average time it takes a student to get a job (right when they are also paying moving costs and such). Payment used to initiate after 9mo after graduation.

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Re:Student Debt Lawsuits Are a Lucrative Business by tudelo on Tuesday November 14, 2017 @12:28PM (#15697143)

Not all loans accumulate interest while attending school. Look at unsubsidized vs subsidized federal loans.

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Re:Student Debt Lawsuits Are a Lucrative Business by EADGBE on Tuesday November 14, 2017 @03:31PM (#15698823)

Not all students qualify for such subsidations.

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