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I struggle to understand how student loads are predatory

• cramjabsyn 3y ago
  some are predatory. They are structured in a way that after years of on time payment the principal amount increases School loans should not be modeled after payday loan sharks.
  • tekla 3y ago
    Can anyone show me one of these loan agreements? I distinctly recall talking to a loan officer when I made my 100k+ student loan, and the paper had in very large numbers, amount loaned, loan duration, per month loan cost, the interest rate, and total loan cost. I want to see a student load agreement where the minimum monthly payment simply does not create an expected end date for the load.
    • cramjabsyn 3y ago
      As just one data point look into navient
      • tekla 3y ago
        I have had loans with Navient. It wasn't anything particularly interesting.
        • cramjabsyn 3y ago
          Uhm did you receive your settlement from their class action lawsuit?