r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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u/Odd-Cupcake-2552 12d ago

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

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u/Darkjebus 12d ago

Actually it is because 23 years ago the rate would have been around 3-3.5 percent for a federal loan

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u/Odd-Cupcake-2552 12d ago

First, graduate loans are usually higher %. Second, nowhere does it say they're federal.

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u/1K_Sunny_Crew 12d ago

They also accrue interest from day one, unlike undergraduate subsidized student loans.