LogFAQs > #961836168

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Topic	Daum, why are educated students falling for dese scams doe?
Sir_Gawain 01/17/22 9:18:48 PM #9:	The Popo posted... As much as the student loan system is flawed how does one go from $33K in debt to $80K with interest rates at about 3.73%? If the student made zero payments, it would take 24-25 years of compound interest to reach $80,000. And this student has paid $22,000 back. You realize lots of people take private loans with higher APR than public loans right --- The artist formerly known as RebelElite791 <cite>Sir_Gawain posted [p:961836168] in Daum, why ... [t:79855759]...</cite> <quote>The Popo posted... </cite> <quote>As much as the student loan system is flawed how does one go from $33K in debt to $80K with interest rates at about 3.73%? If the student made zero payments, it would take 24-25 years of compound interest to reach $80,000. And this student has paid $22,000 back.</quote>You realize lots of people take private loans with higher APR than public loans right --- The artist formerly known as RebelElite791</quote> ... Copied to Clipboard!
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