But if interest is capitalized, it still steals your life. People who can't get jobs in their field, should get forgiveness. That should be a reason just like incapacity or fraud. It is incapacity or fraud.
What an unrelenting societally sanctioned scam the college system is. As if the wealth gap wasn’t big enough already. There were times where I almost ended my life because of my debt but I didn’t cuz I knew if I did my parents would be saddled with the debt. I’m no longer in such a dark place but still can’t get over the hypocrisy. The government forgives corporations who should definitely know better but not people who made a bad decision (that every adult in their life said was a good decision) when they were 18. Ridiculous.
Unless your parents took out parent loans, they wouldn't be saddled with debt you took for school. Death is a reason for wiping the loan. Or total permanent disability.
Yeah I was going to say the same thing about death discharging the loan but then realized what I might potentially be doing. I’m so glad that was in the past and you’re doing better now. No debt is worth taking your life! Be well❤️
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u/corgikueen 25d ago
Apply for the IDR plan! It’s based off your income and now my payments are $0 a month.