Saturday, November 4, 2023

college debt 'til the day you die

in 2020, 60% of college loans had higher balances than when they started. unless the u.s. government changes this system, the majority of college student loans will never be repaid in the debtors' lifetimes.

this is despite the fact that, at the same time many students saw their incomes drop due to the pandemic, their employers got massive government loans that they will never have to pay back.