Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Editorials & Other Articles

fasttense

(17,301 posts)

3. The interest and fines added on when a student is in default

Reply to LongTomH (Original post)

Tue Jul 28, 2015, 11:56 AM

Jul 2015

Is just ludicrous.

These poor people can't afford to pay back their loans so we add more money on for them to pay back. If they can't pay back the original debt plus huge interest, why do we think they can pay back even more?

Letting bankers get rich off the poverty of our students. What a self destructive social plan.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

8 replies

= new reply since forum marked as read

Highlight:

Haunted by Student Debt to the Grave [View all] LongTomH Jul 2015 OP

So Is This Why All The Politicians Talk About A Good Education?..... global1 Jul 2015 #1

The Education Corporation of America likes it that way erronis Jul 2015 #8

K&R for visibility - good article. nt TBF Jul 2015 #2

No, it's a horrible article. Igel Jul 2015 #5

Making up stories "a recent, similar article" TBF Jul 2015 #6

The interest and fines added on when a student is in default fasttense Jul 2015 #3

I am one of those seniors... chillfactor Jul 2015 #4

Jesus. they'll cut your SS? yurbud Jul 2015 #7