Student debt is largely a wealth transfer to the otherwise-unemployable liberal cognitive elite.The aspirational middle class enters lifetime indentured servitude to support those parasites. Upper education is such a scam.
I know Doc's that struggle to pay off their student loans, but they get it down. And that with bringing home some real money.
I have sympathy for those people who have chosen a different path and it hasn't worked out for them. I usually tip them well.
Unilaterally intelligent professors teaching poor life experienced young prolonged adolescents, while pumping up their pride.All on the taxpayers dime...and the students or clueless parents dime...and when they need government assistance...back to the taxpayers dime..higher education should include teaching students how to assess the value of their aspirations(should be done at home or by high school age)
I feel like no one else is looking at the math on this story. If she has been paying $650 a month for 12 months, and has never missed a payment.... she’s paid over $93,000 on a $75K loan, and still owes $54K ?? Either something is fishy, or her interest rate is really high.