Why Federal Student Loans Wont Be Impacted In 2024

[Tetsusaiga]

College is such a scam. I dropped out after 1 year and make the same amount as the average college grad. Don’t go unless you want to be a doctor or lawyer or something that actually needs a degree.

[addrickstich]

Crazy idea, stop funding school federally and wait a few years for them to realize school should not be that expensive. Let the market correct from the artificial inflation. Let alone the fact that when you pay people enough to live off, you very quickly can control what they do for that money. Rewatch Nixon v Kennedy and hear Nixon out on that subject.

[aidenkitchen]

They’re sitting at 6.53% for undergrad and 8.08% for graduate. Sadge. I’m not worried at all even if I use all of my loans each year (probably won’t), as I could pay them off with a McDonald’s wage lol.

[bradhaines]

more worried what peoples ability to pay those loans is going to be like. cost inflation has gone to the moon while wage inflation has been a hot fart

[beishtkione]

If your not going for a career that can pay your loans, theres no reasons to be in College.

[zerolosi]

Just paid off my loans. Because after 7 years the loan amounts hasn't reduced at all so I had to write a big check and pay it off in 1 shot. Such a waste paying all those years to get no value.

[bryantfrankford]

I tried to get good with my loans but the websites I tried to go through were all fuckered.

Oh well, I can't be bothered if they can't get their technical aspects together in a meaningful way.

Seriously, light moves so fast. Why does money move so slow?

[madmanali]

It's insane that the country needs skilled workers and businesses always complain that they lack skilled workers yet you put this barrier to education with high cost interest rates. So anytime interest rates go up you should expect enrollment to get lower and less people in the job market in 4+ years.