Student loans are destroying people’s lives my dude. Ruining credit. Not allowing people the ability to purchase a home. I applaud you for paying off your loans, but these interest rates are killing people. All that with the fact that there’s no jobs out there. Case in point, my kids mom has a masters and a bachelors. When I met her 11 years ago, she was a little over 105k in student loan debt. She’s made payments (paycheck garnishment) every month since then. Never missing a payment. Wanna know what she owes today? 103k.
I don’t wanna come across like a dikk, but just because you paid yours off doesn’t mean that you should wish struggle on the next person. I paid off my student loans. Granted I was only in debt 22k.. but I did it. I’d be happy as hell for these people to be able to be lifted from that hardship. These loan programs prey on kids. Very few kids at the age of 18 (when they sign their initial loan) know what they’re getting themselves into. They’re believing the American hype. That they’ll get a six figure job and be able to pay back the loans easily. Obviously, that ain’t the case.