The 1st party that ends accrued interest on student loans will win millenials 4 generations. Have them pay back principal. Forgive interest
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Deplorable to charge interest on education loans. My IBR recert was denied yesterday so I too have to start over. It's a scam.
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Millenials can't save 4 a home or a family because of these exorbitant interest rates.That's the main reason I want something done for them
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Payment will double. It got denied because I filed my taxes jointly with my wife. Essentially I got penalized for finding love

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Least they could do is make all payments toward interest tax deductible. The $2,500 / yr now is basically useless in most payback plans
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At the very least.
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This is disgusting. Germany, Sweden, and even Slovenia have
#FreeCollegeEd, which we could easily pay for by taxing Wall St. speculation. -
The banks are today's robber barons. Greedy schools do nothing to protect innocent students, who get sucked into a lifetime of debt.
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That was the plan, create a generation that would begin adult hood with a lifetime of debt. It's all a scam and it needs to change.
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If these programs are so complex that they are not transparent to the people who are counseling folks on the phone, maybe that's a problem.
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Better exit counseling could have prevented this. I remember going over in excruciating detail w a counselor the right plan for forgiveness.
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In 2017 it is pretty good. 2007-12 not so much.
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Mine was in 2006. I guess I got lucky and had a counselor who knew what they were doing.
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The edu loan industry is a huge scam. College prices have skyrocketed as public funding shrinks. Students get trapped in a lifetime of debt.
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Thank you for covering this story. Happened to me too. Got on the same repayment plan only to find out I was on the "wrong" one years later.
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seize the banks now plz thx
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Here's a solution: stop using your universities as a sports complex. Reduce tuition to a reasonable, affordable rate & teach academia again.
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