It should also be said that just because I already paid my student loans off doesn’t mean I don’t want other people to be in debt. Student loan forgiveness needs to be up there with the livable wage.
There are two types of loans: subsidized and subsidized. The subsidized loans do not accrue any interest, as the fed pays that for you. Unsubsidized loans do accrue interest; typically a lower rate than regular loans (mine were 6%). Student loans cannot be discharged through bankruptcy.
Student loan forgiveness is regressive by definition (those lucky enough to go to college are a minority that earns on average $0.5 to $1 million more over their lifetimes, than those who don’t), aren’t you against wealth transfers from poorer to richer?
It should also be said that just because I already paid my student loans off doesn’t mean I don’t want other people to be in debt. Student loan forgiveness needs to be up there with the livable wage.
Yaaas. Let’s uplift each other people! Your fellow workers are NOT the enemy!
does your student debt accrue interest?
Probably not after it was paid off
you never know with America
There are two types of loans: subsidized and subsidized. The subsidized loans do not accrue any interest, as the fed pays that for you. Unsubsidized loans do accrue interest; typically a lower rate than regular loans (mine were 6%). Student loans cannot be discharged through bankruptcy.
🤔 (lol)
There’s some double negation confusion at work here, but I think you wrote that you do want other people to be in debt ;)
Yes. You’re right. Thankfully it seems everyone understands what I meant though. 😊
Student loan forgiveness is regressive by definition (those lucky enough to go to college are a minority that earns on average $0.5 to $1 million more over their lifetimes, than those who don’t), aren’t you against wealth transfers from poorer to richer?
If the goal is free education then yes, there has to be a cutoff somewhere