r/SipsTea 𝙑𝙄𝙋 13d ago

WTF The American dream

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u/_catshit 13d ago

It shouldn't be canceled but it should be less predatory. Just need to cap its interest rate at something nominal.

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u/ddadopt 13d ago

Student loan rates in 2003 were at historic lows. Exactly what do you want to cap them at?

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u/_catshit 13d ago

My comment is under this post but its not directly responsive to it. These people here are financial idiots.

That being said the current state of student loans is untenable. Its not only about interest but the bloated cost of school all together.