@PicturesFoIder Barely paying the 8.3%interest due and only reducing the principal by less than $100/month. Clearly none of that education was in math
@Ghyan0 @PicturesFoIder I've run these numbers before. They're paying less than $10 a month on the principle.
@Ghyan0 @PicturesFoIder Or none of that math was in their education
@Ghyan0 @PicturesFoIder Exactly what I thought. The education was worthless...LOL
@Ghyan0 @PicturesFoIder That's the point. College should be free, or at the very least, 0 interest loans
It is a shame that basic financial literacy is not embedded into the HS curriculum across the country so when a student signs up for a student loan they fully understand what a profoundly important decision they are making before they begin college. Few truly understand the concept of interest, debt, and the shackles it places on students. Unfortunately, most don't fully realize the decision until they graduate.
@Ghyan0 @PicturesFoIder Imagine being such a soulless monster that you try to make excuses for this unforgivably disgusting, predatory practice and actually mock the victim of this fraud at the same time. Total psychopaths.
@Ghyan0 @PicturesFoIder charging interest for student loans when you’re paying half a rent’s worth of money every month for something that takes over a decade to pay off is literally just abuse
@Ghyan0 @PicturesFoIder this went over your head at the speed of light times 10 trillion. even though everyone else understood it. maybe you're the one with the problems understanding... anything, really.
@Ghyan0 @PicturesFoIder They don't teach you that in any math class ma'am. Loans are predatory, and most young people don't understand the meaning and the gravity of taking out loans.