this post was submitted on 30 Jun 2023
35 points (92.7% liked)

United States | News & Politics

7209 readers
454 users here now

founded 4 years ago
MODERATORS
pangyuehung@lemmy.ml
yogthos@lemmy.ml
35
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
25 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 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.