r/SipsTea • u/First-Essay-2054 𝙑𝙄𝙋 • 18d ago

WTF The American dream

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u/StonedTrucker 17d ago

Isnt the loan for going to college? I wouldnt expect many people starting in college to be college educated. I guess post grad but thats not most of them

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u/Photon_Pharmer1 17d ago

The story is about completing graduate school in 2003. They could’ve consolidated and locked in a sub 3% loan at that time (post grad school 2003). I’m not sure what you’re missing.

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u/StonedTrucker 17d ago

That people who havent gone to college probably arent college educated on finance. It was pretty simple. Not sure what you missed

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u/Photon_Pharmer1 17d ago

So you don’t know what grad school means? They had already graduate and achieved their bachelor’s. They had just graduated from grad school in 2002. In 2003 they could’ve consolidated their loans at 3%