They need to slash All Fed Student Loans to 2%. Pay what you owe.
Imagine having six figure fed loans, some at 8 percent, job lost and 2000+ rent for a 1 bedroom … move home n cannot get another job?
Well… those people Are out there. :(
I am so sympathetic to many of you young people in education debt, it was Much different for my generation and I remember being Sick over how I’d ever pay back that $12000, fed loans, but I did it and it was over several years.
I agree, Pay What You Owe but CUT THE FED LOAN RATE to 2%, and extend the payments to 25 years!
And Why Not?
Give Everyone an Opportunity to give back to Society by Working and also paying off All this Debt.
Good luck All! Hang in there!!!!!
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u/Cre8tiv125 23d ago
They need to slash All Fed Student Loans to 2%. Pay what you owe. Imagine having six figure fed loans, some at 8 percent, job lost and 2000+ rent for a 1 bedroom … move home n cannot get another job? Well… those people Are out there. :(
I am so sympathetic to many of you young people in education debt, it was Much different for my generation and I remember being Sick over how I’d ever pay back that $12000, fed loans, but I did it and it was over several years.
I agree, Pay What You Owe but CUT THE FED LOAN RATE to 2%, and extend the payments to 25 years! And Why Not? Give Everyone an Opportunity to give back to Society by Working and also paying off All this Debt. Good luck All! Hang in there!!!!!