Do not pay back your student loans, they need to learn fiscal responsibility

Who the fuck loans $50,000 to an 18 year old with no job.

(The point is that unaffordable tuition is a bad idea)

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Penny · 46-50, F

they make student loans easy to pay back. its liek 50 bucks a month. at least thats what i pay idk for th e really higher amounts but their interest rates are low too. if you dont pay back student loans youre credit gets totally f-cked and you cant claim bankruptcy on them either.

BorealPedant · 41-45, M

@Penny Then why is there this massive crisis?

Penny · 46-50, F

@BorealPedant what crisis?

BorealPedant · 41-45, M

@Penny https://educationdata.org/student-loan-debt-crisis
https://www.brookings.edu/articles/what-went-wrong-with-federal-student-loans/

Couple of studies/explainers on it. You have a massive section of the population who are in inescapable debt to nobody.

Penny · 46-50, F

@BorealPedant can you sum it up?