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However, they have also accrued more interest over time: how many of the borrowers weren't able to pay it off?
by wizzwizz4 3y ago
However, they have also accrued more interest over time: how many of the borrowers weren't able to pay it off?
- paulddraper 3y agoInterest rates for student loans are relatively low; I would be surprised if payments didn't almost always exceed interest.
- bombcar 3y agoThe only way to pay less than the interest I know of is to be on a graduated repayment plan, some of which cancel the debt after X years.
- paulddraper 3y ago> The only way to pay less than the interest Well...there is another way.....