this post was submitted on 30 Jun 2023
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United States | News & Politics

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Student Loan Forgiveness: Supreme Court Rejects Biden’s Debt Forgiveness Plan (www.nytimes.com)
submitted 1 year ago by bdonvr@thelemmy.club to c/usa@lemmy.ml
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[–] Broncos_Fan@lemmy.one 9 points 1 year ago (1 children)

When I got engaged to my wife and we were going over our finances, her student loans blew my mind. The way they set up her payments, more than half of her loans were growing despite making monthly payments. The freaking interest was higher than she paid in every month.

[–] FigMcLargeHuge@sh.itjust.works 4 points 1 year ago

I have a friend in the same position. It's actually pretty sad to see. They will never be out from under the crushing weight of this debt.