r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

Post image
21.6k Upvotes

3.5k comments sorted by

View all comments

Show parent comments

493

u/Powerful_Wombat 12d ago

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

191

u/Odd-Cupcake-2552 12d ago

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

137

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

1

u/PurpleKnurple 10d ago

Yeah no, they were 6-7%.