rpanonmod ([personal profile] rpanonmod) wrote in [community profile] rpanons2016-05-03 11:35 am

You sound fat

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(Anonymous) 2016-05-21 09:30 pm (UTC)(link)
yeah, not only are the fees astronomical (all those cartoons about people not paying off loans until they're 50+ are about right), but they keep getting jacked up every damn year until college is just a pointless waste of time, especially with the job crisis and most degrees being useless. good job on your lit major and your bachelors in fine arts. how's that helping you flip burgers? and student loans can carry for so long and affect people most of their lives, it's just a ridiculous system. is it denmark that has free education? people should go to denmark.

(Anonymous) 2016-05-22 12:50 am (UTC)(link)
I'm from the UK and they're hiking fees here too, though not as ridiculous as they are over there (yet). The student loan system is measured so you only start paying anything back once you're earning a certain amount, and it's automatically calculated based on your wage and deducted from your paycheque (like tax). It's also written off once you hit a certain age or number of years after graduating, though if we keep our current government that'll likely change.

And it's invisible, like I said, so can't impact anything related to your credit rating. Essentially, even though it's a very large amount of money, you can pretty much forget about it and let it sort itself out.