JimmyMemes@lemmy.world to Memes@lemmy.ml · 9 months agoOof ouch owielemmy.worldimagemessage-square44fedilinkarrow-up1639arrow-down120
arrow-up1619arrow-down1imageOof ouch owielemmy.worldJimmyMemes@lemmy.world to Memes@lemmy.ml · 9 months agomessage-square44fedilink
minus-squaredan1101@lemm.eelinkfedilinkarrow-up45arrow-down1·9 months agoI was talking to a lady that had somehow gotten into $500,000 of student loans for herself, her ex husband, and their son. And the payments are about to resume.
minus-squareDragonTypeWyvern@literature.cafelinkfedilinkarrow-up55·9 months agoDon’t worry, lenders must assume some risk, that’s why we use bankruptcy - Oh, right.
minus-squarecollegefurtrader@discuss.tchncs.delinkfedilinkEnglisharrow-up25arrow-down1·9 months agoIf the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
minus-squareDragonTypeWyvern@literature.cafelinkfedilinkarrow-up19·9 months agoI mean, it’d be ludicrous to do anything else, since education is demonstrably a net economic and societal gain. What kind of monstrous system would try to debt trap college students?
minus-squarecollegefurtrader@discuss.tchncs.delinkfedilinkEnglisharrow-up16·9 months agoRight, that would be absurd
I was talking to a lady that had somehow gotten into $500,000 of student loans for herself, her ex husband, and their son. And the payments are about to resume.
Don’t worry, lenders must assume some risk, that’s why we use bankruptcy -
Oh, right.
If the 18 year old borrower assumes all the risk for life, then the interest rate must be zero, right?
I mean, it’d be ludicrous to do anything else, since education is demonstrably a net economic and societal gain.
What kind of monstrous system would try to debt trap college students?
Right, that would be absurd