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“I got a financial report on my $7500 of debt, realized that by graduation it would be $30,000.” Shocking numbers; the sort of APR we’d expect from dodgy pay-d
by hhas01 6y ago
“I got a financial report on my $7500 of debt, realized that by graduation it would be $30,000.”
Shocking numbers; the sort of APR we’d expect from dodgy pay-day companies and illegal loan sharks. You’d be far better off just taking out a mortgage, plus you get a nice house at the end and they don’t smash your ankles if you default.
- helen___keller 6y agoJust to be clear - interest doesn't accrue until graduation, the "it would be $30,000" just means each school year added a new $7500 loan.