FenrirIII@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 1 month agoMy student loan is gaining interest while I'm in school but I'm not allowed to start paying it off yetmessage-squaremessage-square79linkfedilinkarrow-up1254arrow-down16file-text
arrow-up1248arrow-down1message-squareMy student loan is gaining interest while I'm in school but I'm not allowed to start paying it off yetFenrirIII@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 1 month agomessage-square79linkfedilinkfile-text
What is this horseshit? Almost $2k in interest this year and it will not even let me throw money against the principal.
minus-squareNewsteinleo@infosec.publinkfedilinkEnglisharrow-up33·1 month agoI’ve said it before and I’ll say it again. Student lending is the most preditory lending in this country.
minus-squareGreatWhiteBuffalo41@slrpnk.netlinkfedilinkEnglisharrow-up2arrow-down1·1 month agoMight be tied with the buy now pay later apps
minus-squareNewsteinleo@infosec.publinkfedilinkEnglisharrow-up5·1 month agoNo, because you can discharge all that in bankruptcy. You can’t discharge student loan debt in bankruptcy.
minus-squareGreatWhiteBuffalo41@slrpnk.netlinkfedilinkEnglisharrow-up2·1 month agoI more or less meant in the predatory tactics but, that’s a super valid point. That does make it worse.
I’ve said it before and I’ll say it again. Student lending is the most preditory lending in this country.
Might be tied with the buy now pay later apps
No, because you can discharge all that in bankruptcy. You can’t discharge student loan debt in bankruptcy.
I more or less meant in the predatory tactics but, that’s a super valid point. That does make it worse.