30 Alarming Posts About How The Student Debt System Affects People’s Lives And It’s Terrible (2024)

Kaisu

Capitalism in a nutshell

jamie1707

I feel so bad for these young men and women. It's not f*****g fair! Starting your life with that much debt must be soul crushing. I feel so bad because when I finished grad school, I had $213 in my checking account and the only debt I had was to the electric company for $13. I wish there was something I could do for these kids.

spirit wolf

Exactly!!

SAF saf

This should be criminal, I don't understand why the politicians can't meet us half way on this. Why can't student loans be zero to super low interest rates. You pay back the $250k and call it settled (which is still alot' of money btw).

Mewton’s Third Paw

The problem in a nutshell.

Maci Mae

I'm fourteen, and I really want to be a special education teacher when I'm an adult, which requires college. I want to have a job that I love, but I can't imagine being that much in debt. Any time I bring it up to an adult, I'm told that I'll "figure it out" or that "I shouldn't be worrying about that yet". But considering the situation my country is in, I probably should have started saving for college two years ago :(

Martha Meyer

What kind of crazy interest rates are being charged on these loans?!

Leo Domitrix

I'm Gen X. We hae ALL inherited the debts racked up by Boomers and the gutless politicians catering to them. They didn't pay it forward. They loaned it forward, with compound interest....

Peg Walton

As a retired professor, I strongly agree with this statement. It is terribly broken, from pre-K up to PhD. The American education system is completely broken.

Kaisu

That's really f****d up, a 17-yo isn't mature enough to take such a huge loan and to understand the ramifications a loan like that has on your life. In my county you could never get that much student loan

Mewton’s Third Paw

What is the ad for?

Rue Granger

Can’t even start to believe the blame is being put on the victims...

Peg Walton

Must be nice to be one of the lucky ones. I went to college after raising my children and still ended up with $40,000+ in loans. Now my salary isn't enough to live and pay loans. Their "programs" do not help. Wish I had never gone to college. My Masters is worthless.

Panda Kicki

As a swede with mostly free schools and low cost state loans to cover other expenses it is so horrifying to read all these tragedies :'(

Pamela24

You should stop spoiling yourself and demanding luxuries. If you don't have the money to eat, just don't. It's as simple as that. *sarcasm - just to make sure*

Jeff Christensen

In Australia university was free until 1988, but now it is paid for by Government loans - but repaymemts don't start until your income is over a certain threshold. If you never reach that threshold, you never repay the debt.

ƒιѕн

Oh yeah, good old Navient.

Pamela24

I just can't understand why AT LEAST the loans couldn't be without interest. I believe that is how the UK has it (correct me if I'm wrong, please).

Ahmad Pujianto

Just wow..I only pay 25 USD each month during 4 year of college..Then (because I work while studying) another 50 USD each year for 2 year of extention..Totally I spend around 20 Million IDR (around 1.500 USD) till graduate.. #asian

Candice Lewis

With interest it could become that much and the sucky thing is our children will probably be responsible for some of it

Chloe Thompson - Lewis

120k is like solitary confinement

Mewton’s Third Paw

What in the entire f**k. The pettiness. Pettiness of this level can only come from the mega rich.

Jenny Lee

That is a rare accomplishment.

Monica Michelle

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Belinda Matson

OMFG I'm surprised boomers aren't being slaughtered en masse in the USA. Pro Tip: Start with the politicians...

Ivo H

It's terryfing that someone has reason to write "i did a terrible thing" because he studied for a job he wanted to do. Not everyone likes to be doctor/lawyer/whatever just to pay off his or hers loans.

Missy Barton

I officially paid off my student loans four years ago. Want to know how? My husband died.

Cassie

If your payments are income based, your (compounded) interest will continue to accrue, which means your loan amount will be more when it's forgiven than when it was initiated. The government could have saved money by just paying for the tuition in the first place.

guy greej

From malawi a third world country. Paid of my university degree debt in 1 month after getting a job.

Martha Meyer

That's supposed to be a joke, right? She didn't pay it off, her mother basically did!

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