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“Half of student loan borrowers haven't paid even $1 toward their debt's principal five years into repayment, according to the U.S. Department of Education. Forty percent of student loan borrowers are expected to default by 2023.” https://cnb.cx/2z571ao
Can't get over how gross it is that adults with no excuse for not doing their due diligence are still pressuring teenagers into signing these loans
Unpopular opinion: the destruction of value is convincing the student to attend their institution, not the financing discussion. It would destroy the same amount of value if bankrolled by student’s rich Aunt Milly.
True but Aunt Milly* makes a better feedback loop. Milly: what kind of job can you get with a PhD in 16th Century Spanish Literature? *my grannys actual name. And yes, i have a relative with that degree. Granny would not have footed the bill for that.
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