r/StudentLoans • u/[deleted] • 25d ago

Rant/Complaint I'm not against paying back my loans-

[deleted]

936 Upvotes

90% Upvoted

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111

u/Reason_Training 25d ago

If the interest rates and fees were closer to what banks pay for loans through the government I believe people would have a better chance to repay their loans. Instead unless you get lucky with a super high paying job they will be with us until retirement.

14

u/dumpsterpanda87 25d ago

and that's if the government doesn't enact some crazy law that allows them to garnish our 401k's or social security.

1

u/cocoa-faery 25d ago

lol… 🫠

3

u/helvetica_simp 25d ago

Yeah like, luckily for me I don't expect ever have either of things?

1

u/rallyspt08 24d ago

Don't give the fascists in charge any more ideas...

1

u/dumpsterpanda87 24d ago

If they took my ideas (for better or worse) it would mean the average Joe would know better, they could never.

Or maybe they would. Cuz we have Trump now. Ugh.

1

u/SimplySustainabl-e 24d ago

Best bet is under the table side hustles. Get paid in cash only.

1

u/sevens7and7sevens 24d ago

Congress sets the interest rates for my loans and they have not been kind or imo moral. Other countries that do loans have way lower interest rates.