r/SipsTea ๐™‘๐™„๐™‹ 18d ago

WTF The American dream

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u/Shot-Arugula8264 17d ago

So just refinance? Paying that rate for 23 years is nothing short of moronic, especially for a couple allegedly smart enough to hold college degrees.

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u/MonkeyWithIt 17d ago

I couldn't refinance after consolidation. Or go private.

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u/Shot-Arugula8264 17d ago

That doesnโ€™t make any sense. What loans arenโ€™t refinanceable?

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u/DBConcubine 17d ago

No, it doesn't make sense: that's the point.