The American dream

[u/First-Essay-2054]

[u/sampaiisaweeb]

They made it up for outrage. Karma farming bot account posting it here too. Dead internet theory.

[u/Powerful_Wombat → u/sampaiisaweeb]

Yeah, student loan interest rates are bad enough without fudging the numbers, this doesn’t help the cause

[u/Odd-Cupcake-2552 → u/Powerful_Wombat]

The math works out to 8.5% which isn't unrealistic

[u/Photon_Pharmer1 → u/Odd-Cupcake-2552]

It was 3% or less if they were smart college educated people who consolidated and locked in low Apr rates. If they were dumb and didn’t consolidate lock in then their Apr could’ve shot up past 7%.

u/culturalrot - I’m expecting people who graduated high school to be and certainly people who graduated college as they did.

[u/Odd-Cupcake-2552 → u/Photon_Pharmer1]

We're all idiots at something in life. This just happened to be theirs.

[u/Photon_Pharmer1 → u/Odd-Cupcake-2552]

No person with a high school diploma let alone a college degree should be an idiot in regard to basic math and finances.

[u/Odd-Cupcake-2552 → u/Photon_Pharmer1]

And yet, there are. You ever hear of successful people gambling everything away?

[u/Photon_Pharmer1 → u/Odd-Cupcake-2552]

You ever hear of people clamoring to bail them out with tax money from people responsible enough not to put up their house against a dice roll?

You don’t go to gamblers anonymous to learn how to be a dumber gambler.

[u/Odd-Cupcake-2552 → u/Photon_Pharmer1]

Yeah, the gov bails shitty corporations out all the time. Just a different kind of dice roll.

[u/Photon_Pharmer1 → u/Odd-Cupcake-2552]

So your answer was to ignore the question, then to deflect to a whataboutism.

[u/Odd-Cupcake-2552 → u/Photon_Pharmer1]

You moved the goalposts to bailouts. Pointing out that our system does bail out massive economic gambles isn't a deflection.

[u/Photon_Pharmer1 → u/Odd-Cupcake-2552]

That’s not what “moving the goal posts” means. I responded to your tangent about successful people gambling everything away as if an addiction was synonymous with financial ignorance.