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228 sats \ 3 replies \ @gmd 26 Mar \ on: 9 million student loan borrowers past-due after bills restarted, Fed estimates econ
As someone who has paid off >300k in loans I have empathy for so many of these students. So many were fed lies as teenagers about the returns of college and are stuck in dead end careers with insurmountable loan payments and a balance that won't go down. A lot of the stories on /r/studentloans are depressing and many are suicidal.
congrats on paying off your loans
how high or low was your interest rate?
maybe a good compromise is to offer almost zero interest rate loans or variable that is tied to inflation
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write off the interest from your taxes?
the 10 year treasury yield is about 4.3 percent but I haven't checked today
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