npub1asa7zhxq92arr7z3dqywvsh0ur24a9k6qmkg2zcthe0wshyu9pvsren9sr (npub1asa…n9sr) npub1v2sycpx32th4h4aude3jq4g0kgj0p2t5062059l0fx0vcn8njs8spcmqq5 (npub1v2s…mqq5) It’s the compounding interest. Sometimes you have people who go into forbearance and interest accrues and is added into the principal. Sometimes people are on income-based payment plans where the interest isn’t even paid based on their AGI. This has been a problem for a long time and as college becomes more expensive, the problem gets worse.
And while I support all of these things that Biden has done for student borrowers, the real devil that no one has touched is the out of control tuition costs and the vicious cycle of collecting more tuition to push up rankings to get seats filled to collect more tuition to push up rankings to get seats filled, etc.
Bam /
npub1cv…ggead
2023-10-30 23:47:45
in reply to nevent1q…duh5
Author Public Key
npub1cvrthpayev0794gjhhdwrk54azft5m4jtx37cwszujrzvpw84v4quggeadPublished at
2023-10-30 23:47:45Event JSON
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"content": "nostr:npub1asa7zhxq92arr7z3dqywvsh0ur24a9k6qmkg2zcthe0wshyu9pvsren9sr nostr:npub1v2sycpx32th4h4aude3jq4g0kgj0p2t5062059l0fx0vcn8njs8spcmqq5 It’s the compounding interest. Sometimes you have people who go into forbearance and interest accrues and is added into the principal. Sometimes people are on income-based payment plans where the interest isn’t even paid based on their AGI. This has been a problem for a long time and as college becomes more expensive, the problem gets worse.\n\nAnd while I support all of these things that Biden has done for student borrowers, the real devil that no one has touched is the out of control tuition costs and the vicious cycle of collecting more tuition to push up rankings to get seats filled to collect more tuition to push up rankings to get seats filled, etc.",
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