Re:Defrauded students to receive loan forgiveness
by lovich on Saturday March 20, 2021 @02:32PM
(#26525016)
If you take $100k in debt, you are not paying back $100k. You are going to be paying back more than double that when paid back over the 20+ years most student loans are repaid over
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Re:Defrauded students to receive loan forgiveness
by TedDoesntTalk on Saturday March 20, 2021 @02:51PM
(#26525162)
Yep. But how does that compare with the difference in wages over 40 years? Just do the math.
Now if you take on $500,000 in debt because you choose to go to a private college with no grants or scholarships, that's a different problem. And maybe it's not a good choice. But that's a different story than a 4-year public, in-state university.