Student debt: White House faces backlash for restarting interest on loans
Student debt: White House faces backlash for restarting interest on loans
The White House is facing backlash about its decision to reactivate interest for student loans as part of its “on-ramp” repayment program, which progressives and advocates argue isn’t enough to hel…
Such a mess, and overly politicized.
The biggest issue I have is how the interest rates have made it incredibly difficult for people just beginning their careers to get ahead of the growth curve that a low paying job and high interest debt creates.
How did we even get here? Talking with my Dad and my wife, we've seen such a massive spike in both tuition and interest over the last 20 years.
Debt should be paid, and loans should have interest, but, they should be reasonable. This is a profit machine that preys on the young, uneducated, and inexperienced.
Old enough to sign away your future but can’t drink away the pain.
Oooh, that hits hard.