maybe they should have done these calculations before they signed the papers
I heard a woman caller on a conservative talk show Friday saying she called about her student loan because the amount was higher than what she borrowed. It had been years since she quit school and had not paid any back yet. They told her it was higher because of interest.
She didn’t know what interest was and was complaining no one told her about that.
Don’t they teach compound interest in high school anymore?
Don’t they teach you to read a financial agreement before you sign it?