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   Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 30-Sep-2024 22:13:26 JST Bread up, Bro
   people are throwing the U word around. Must be making people sweat.
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     Eleutheria2 (eleutheria2@poa.st)'s status on Monday, 30-Sep-2024 22:21:21 JST Eleutheria2

     in reply to
     @sickburnbro I used "usury" in mixed company Saturday. Lots of rural folks that were mostly pro-Trump, but I don't know what "kind" of pro-Trump.
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     djsumdog (djsumdog@djsumdog.com)'s status on Monday, 30-Sep-2024 22:33:45 JST djsumdog

     in reply to

     Are these people paying the minimum? Are they not looking at their statements? You can literally move some of these to cash loans and get better rates.

     I paid off all my student loans two years after graduate school. Less than 15% of Americans have student loans. 20% of them have loans under $20k (less than a decent car).

     Anyone making these types of posts is either lying or just really bad at math. Maybe universities should require a fucking financial planning class to graduate? The ultimate solution is to get rid of all federal subsidized student loans. Tax payers need to stop being on the line for middle class morons who get useless degrees.

     I wrote about all of this two years ago:

     https://battlepenguin.com/politics/forgiving-student-debt-is-a-massive-wealth-transfer-from-the-poor-to-the-rich/

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     Henry Louis Cadmin (hlc@noauthority.social)'s status on Tuesday, 01-Oct-2024 00:58:00 JST Henry Louis Cadmin

     in reply to

     • djsumdog

     @djsumdog
     Some of them cynically pretend to not get it but there are bound to be a few people who genuinely don't understand compound interest and I feel bad for them. I think it's reasonable to expect the government to do something to stop such people from getting stuck in a debt trap. Good article btw.
     @sickburnbro

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     InvictusManeo (invictusmaneo@poa.st)'s status on Tuesday, 01-Oct-2024 21:59:36 JST InvictusManeo

     in reply to
     @sickburnbro So we're approaching THAT stage in time, very interdasting.
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