Student debt is a poverty tax on low income families

Students who have to take out loans to go to school wind up paying more than rich people who just pay out of pocket up front.

Ultimately, it's a form of punishment for being low income and wanting higher education.

Correct?

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Sazzio · 36-40, M

It's a loan to pay off from your wages I guess.

I have a car loan for 4 yrs (less than 3 now) and redundancy at my w/p been announced. My job can go but this loan will not stop. Good news, many many employees volunteered to be made redundant so I MIGHT not get the bullet. However, this year and all of next year will be filled with dread and uncertainty.