Drop Dead Fred
Diamond Member
- Jun 6, 2020
- 1,070
- 2,344
- 1,928
This math illiterate person is yet another example of how it's too easy to get into college. Since she graduated, she's been making teeny tiny monthly payments on her student debt, and she doesn't seem to understand why her balance has been getting bigger instead of smaller. It should be illegal for people this dumb to get a student loan.
Meet a 30-year-old with $110,000 in student debt who chose her job in hopes of public-service loan forgiveness — but her balance just keeps growing
October 30, 2022
Despite working through college and taking measures to cut down on the cost, Laine completed her degree in 2014 with a grand total of $98,000 in debt from her undergraduate and graduate studies. In the eight years since, accruing interest has brought her balance to today's amount, despite her consistent repayment.
She went on to a "dream school" for a master's in journalism, still working part time and leaving with an additional $80,000 in debt in 2014. At the end of her time in school, she was hospitalized for dehydration after she said she ran herself ragged.
Despite consistent payments, the years since graduation have seen Laine's debt grow.
"I was paying $300 until the pandemic hit. I was paying $300 a month, I think, for three to four years, and my balances never went down," she said. "They always went up."
Meet a 30-year-old with $110,000 in student debt who chose her job in hopes of public-service loan forgiveness — but her balance just keeps growing
Meet a 30-year-old with $110,000 in student debt who chose her job in hopes of public-service loan forgiveness — but her balance just keeps growing
October 30, 2022
Despite working through college and taking measures to cut down on the cost, Laine completed her degree in 2014 with a grand total of $98,000 in debt from her undergraduate and graduate studies. In the eight years since, accruing interest has brought her balance to today's amount, despite her consistent repayment.
She went on to a "dream school" for a master's in journalism, still working part time and leaving with an additional $80,000 in debt in 2014. At the end of her time in school, she was hospitalized for dehydration after she said she ran herself ragged.
Despite consistent payments, the years since graduation have seen Laine's debt grow.
"I was paying $300 until the pandemic hit. I was paying $300 a month, I think, for three to four years, and my balances never went down," she said. "They always went up."
