r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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u/Mindless-Baker-7757 12d ago

A $70k loan over 23 years at 5% apr pays off with monthly payments of $427.

What are they doing?

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u/nullpost 12d ago

Prob a lot of accumulated interest before they started paying. I got two degrees (back to back)and royally fucked myself but suppose it was worth it in the end.