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this post was submitted on 01 May 2024
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A Boring Dystopia
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Which part of "most people who have been paying theirs to the best of their ability for several years actually still owe MORE than the original amount borrowed" didn't you understand?
10k/y for 4 years comes out to 40k and it's not at all unusual for people to end up owing 2.5 times the original amount or more in spite of doing the literal best they can to pay it off. That's how awful the terms and conditions of student loans are.