zakalwe,
@zakalwe@plasmatrap.com avatar

"I paid off MY myself! Why should these kids get theirs ?"

Dude. You had $3,000 in student loans. Some of "these kids" graduated from college $70,000 in debt for the same degree you got, now they're earning half as much as you did for a comparable job and they have no expectation of any retirement benefits, and they've been paying on that loan for fifteen years and owe more on it now than they did when they started paying it. They are being ruthlessly exploited by student loan management companies whose entire business model is based upon gouging people who are struggling to pay off their student loans.

Would it fucking KILL YOU to show a little compassion and understanding?

weaselx86,
@weaselx86@mastodon.social avatar
feld,
@feld@bikeshed.party avatar

@zakalwe Isn't it amazing that the state education standards don't require teaching high school students how interest rates work though

sarvo,
@sarvo@novoa.nagoya avatar

@feld @zakalwe no, they want them to take terrible decisions so they can prey on them.

feld,
@feld@bikeshed.party avatar

@sarvo @zakalwe same as payday loans, intentionally misleading

zakalwe,
@zakalwe@plasmatrap.com avatar

@feld My kids' school did. I think the picture the school showed them of how personal finance worked terrified them for life.

feld,
@feld@bikeshed.party avatar

@zakalwe My parents were broke due to my dad being disabled, I did the math and it didn't seem possible so I did a trade school tech program and started working ASAP.

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