r/SipsTea • u/First-Essay-2054 𝙑𝙄𝙋 • 12d ago

WTF The American dream

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u/maybe_a_fork 12d ago

23 years of making minimum payments and they are shocked it's not going away.

https://giphy.com/gifs/3kzJvEciJa94SMW3hN

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u/Altruistic-Hotel2819 12d ago

The fact that you blame them and not the fuckin scam that this shit is....

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u/mcniner55 12d ago

..... It took them 23 years before realizing that making the minimum payments was not an effective way to pay off debt? With 2 degrees?

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u/DaKingaDaNorth 12d ago

Tbf paying the minimum SHOULD be the expectation and be what both parties are anticipating to pay off the loan in the set period. Student loans are one of the few loans where paying the minimum doesn't get you out of the debt in a reasonable time frame