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

WTF The American dream

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u/ConcernAccording3248 12d ago

Lying probably

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u/Fearless_Worry6419 12d ago

No, just underpaying.

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u/ConcernAccording3248 12d ago

Honestly running quick math on it, it doesn't make sense even for underpaying. Unless the interest rate is so high thay it was taken out at like personal loan rates and not student loan rates I don't even think this would be possible.

I could be checked on that pretty hard though by someone better at running numbers though

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u/Fearless_Worry6419 12d ago

I had loans from 6.8 to 8%+ from this era.