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.
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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