Cry Me A River: Student Loan Whiners And Their Massive Debt Crash Outs

Posted • August 7, 2025: The crash outs over humongous student loan debts has begun again now that Biden is no longer in office and promising to forgive them all. —— She’s right. It shouldn’t be legal. There is no real counseling with young people who are never taught what an interest rate or loan payback schedule is. —— It's absolutely ridiculous to allow young people to take on this kind of debt particularly for degrees in career fields where there are no jobs or non-existent jobs. —— This girl’s claim doesn’t add up. She says she graduated two years ago with a 17% interest rate and now has a ~$90K balance despite paying 1.5k/month. 1. That interest rate is over 2X the fed loan rate. And she wouldn’t be able to get a private loan for $80K without a consigner https://pbs.twimg.com/media/Gxsx81LXUAA159O?format=jpg&name=900x900 —— 2. If she’s actually paying $1.5K/month, then her balance would’ve gone down, even with a 17% rate. Her claim simply doesn’t add up. (…)

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https://twitchy.com/justmindy/2025/08/06/debate-over-student-loan-woman-crashing-out-n2416867