It’s a scam.
>>533705953LEAVE ME A-LOAN
>>533705953Don't pay.jews don't.
>>533705953Christians who live under Muslim rule pay a jizya tax.Goys who live under jewish rule pay a usury tax.
>>533705953Yes its a scam when you dont understand how things work
>after setting her repayment schedule online to the lowest possible option which is below the interest being accumulated she still owes the full balance
>>533705953how are “college educated” people so retarded that they don’t know the terms of their loans and what amortization means? this bitch hasn’t made a single payment on the principal yet and acts like it’s my fault.
>>533705953I've made like 6 student loan payments in 12 years.unironically stop paying. when they get loud, call and defer.
>>533706110>polcel christcuck larper tries not to argue in favor of usury challenge
>>533705953>I dont know how interest or minimum payments workCollege was wasted on you, you obviously didn't learn anything useful.
>>533705953What was your major?
>>533706107Jews own and profit from the goyim, that's how it works you fucking faggot
>>533705953yeah not a fan of usury of any kind, unfortunately the inflation trap makes it necessary to get a loan to afford the prohibitively expensive university fee; I didn't choose to go and can probably never afford to go at all now. That's the thing about inflation, you get given a measly 2% per annum interest whilst the government farts out 20% inflation but lies to your face and says they're doing their best to keep it to 2% inflation - which is still an astronomically stupid number. It'd be OKAY if my money sat doing nothing was getting 20% or 30% interest rate like the loan sharks get with their dodgy promises, but that's only for the master bank jew, only they are able to issue the loan.
>>533706224>interest is too complicated!! Theyre tricking me!Thats what you get for being stupid. Interest is a eugenic system
>>533705953>oh no they applied the interest rate i agreed to!So don't take out the fucking loan from subsidized sharks.
>>533705953Daily reminder that during Trump's first term there was a law that was voted on that would cap student loan interest rates below 2%, and the jews and banks screeched, which caused the bill to be scuttled. Debt isn't just about squeezing money from you. It's about controlling your entire life outcome. A big part of jewish power is making sure you cannot economically compete with them. Jews, meanwhile, get lots of free kickbacks from tax dollars and get free education and college tuition in many cases, just for being jews.
>>533705953Notice how they never teach you about interest rates and usury in schools?
They keep falling for it though, so fuck em.
>>533706119They weren't college educated when they took the loans, that's why they took it so they could get into college and get education.
Took a degree, pays in small amounts, don't know what interests are.Retarded mutt
>>533706224fuck off, loser. pay your fucking debts. when i got to the bank jews are practically handing me bags of money. want to know why? i pay back my fucking loans because i make good investments. sick of poor faggots like you trying to ruin a good system just because you're aretarded nigger
>>533705953I actually thought student loan rates had decent interest rates in burgerland, but I looked it up and it's actually between 6-9% from the feds. Fucking hell, that's nigger tier payday loan interest rates over here, I think ours is around 2% now and it used to be lower.
>this isn't X (M-dash) it's Y!
>>533706107Were you redpilled on this shit and capable of understanding finances as a 17yo signing up for college?Thank God I never took loans but I'm smart and got mad scholarships
>>533706143Maybe don't take the money? I lived with my parents, worked full time, saved my money and went back to school at 23. Paid in cash. No loans, and qualified for some free gibs at a state school which I commuted to from my parent's house. Cost me about 30k to finish my bachelors.
>>533705953They dont teach you what interest rates are for a reason. You wouldnt do it if you learned how much it actually costs you.This is hte part that you hear people saying "Im still paying off student loans" even though youve always read it wasnt that much. if you didnt get into that good paying job you could be paying that off for a while, where it continues to increase in amount the longer it takes. Yes, education is a racket, they do it for profit, its why they love having foreigners come over for it.
>>533706107This. Maybe predatory loans wouldn't be a thing, if more people were aware of what they are signing.
>>533706598Yea im not retarded so i was able to understand how interest works...
>>533705953Woah! Calm down the antisemetism buddy
>>533705953>ten years of paying $200 a month.Nobody let her near auto loans.
>>533706014Treasury will garnish them.This was a well thought out plan to enslave then bankrupt.
>>533705953>Go to university>still don't understand interestMany such cases.Maybe get a refund from the college?
>>533705953The only education a woman needs is how to cook, clean, and raise kids.
shut down:schooluniversitymental health industrygender affirming caremoney for asylum seekers immigants whatever u wana call emhave kinguse flibe.comreplace big tek with greenarrays.com, also replaceing movies net games university schoolburn hydrogen in dymaxion car with rotary enginemaybe stirling engine modelmaybe tesla turbine modelrepalce red light with road circlerepalce overpass with middle u turn laneuse more canals n bargesmonorailstrainstramssince electricicty now freeend building codes when not near skyscrapersdeah penalty to say somethgin agaisnt white malesjews deadorc sold inc mik wop feministimport millino hot 14 year old slave girlsfree castles n towers etc for white male engineeradvance tek in all directions with king printed R&D fundsmake year 1 doctors do nursingmass produce everything 0 trade 0 immigrationcut dick or clit off criminals
>>533705953But now as a liberal arts major she can change the world.
>>533705953jews got to eat, antisemite
>>533705953It's called debt slavery. Soon, the fee for your birth will be applied to you directly, along with all your school fees and you will never pay it off.
I am going to start selling 1 year phd in all subjects and doing studies n publishing research in my own journals lolzbillionaire in 3 yaers!
>>533705953AI slop the whole thing
>>533705953>too young to drink beer yet>old enough to get into life-crippling debt
>takes out high interest loan to earn some useless degree >makes minimum or below minimum payment >wtf? Why is the amount I owe not going down!?!?!Play Jewish games win Jewish prizes.
so u pay 100kI print piece of paper for youwhat a biz!then u get gakekd by loans too LOL
>>533705953Welcome to (((((((((((((usury)))))))))))))))))
>tell people they need college degrees to be gainfully employed>make college degrees 5 figures>only way to pay is to accept predatory loanshow to make a debt slave class 101courtesy of boomers and jews
>>533705953So she paid off 30% of her initial loan>inb4 chuds don't understand inflation
>>533706110You understand this should be illegal right? It's incredibly fucking jewish when you think about it.Minimum loan payments should cover interest and some percentage of the principle.>muh tough timesTough times happen I agree and in those cases loans repayments can be frozen. It's called hardship.
>>533705953>$212 per paymentyeah, you should be paying more than the minimum. Tired of all these retards who don't understand how things work complaining about how they got screwed by basic math
>>533706751Or maybe we could just stop letting predators live with us.
>>533705953>Doesn't understand compounding interest>Pays absolute minimum of about 211, which doesn't even cover interest.>Pikachu face when you never get ahead.Had she spent 500 per month, they would owe a out 5000 still, and paid a total of 60k.Had she said 600 per month, the debt would have been gone for over a year, and only paid about 62k.I do think that colleges should be punished when they sell a worthless degree, and the student can't find work with it. I am not sure student loans should even be available for degrees with minimal economic value, but there is at least some personal responsibility here
>>533706642Other people do take the money, which raises the cost of tuition. You had to spend 30k because of other people who take loans. If loans were illegal, you wouldn't have even needed to spend 10k. I really wish people understood how usury works.
Welcome to the new slavery system. They got rid of the plantations and put everybody in debt. Andrew Jackson was the only president to pay off the federal deficit, and the Jewish bankers crashed the economy in retaliation.
>>533708554It's more accurate to blame bleeding heart leftists. They saw college degrees as valuable, and that it was unfair the darkies were less likely to have a degree, which they believed was due to economic inaccessibility. So they pushed this idea that every child deserved a college education.If there had been any guardrails at all, in terms of only paying for valuable degrees, and only paying for people with good grades who could pass college without dumbed down retard programs, most of the fallout wouldn't have happened.Instead, we created a system where infinite dollars popped into existence, and colleges just had to create programs that even a retarded archaic hominid could pass. Hence how college coursework became so much easier, and how it became just an extension of public schools being retard daycare.
>>533705953Thanks, Obama. Actually for this one. He's the reason you lose money when you work overtime too. Crazy how everything he did was perfect for lazy nignogs. Too bad they ruined the no work requirement free food gibs. I was living like a negro KANG until that shit hit.
>>533708810It's kinda silly to punish colleges for degrees when whether or not you can find a job with them is wholly dependent on supply and demand. A sector that has shortages today can be fully saturated 5 years down the line because lots of people read in the newspaper there's a shortage and went for that degree (e.g. learn to code). At 18 year old you are considered by law a grown and responsible adult. If people pull out the argument that they didn't know better, maybe they should be offered loan forgiveness in exchange for their civic rights. If you can't even be responsible for your own finances how can you ever be trusted with your right to vote?
>>533706688>They dont teach you>says on this paper 7% interest on the loan>wonder what that means>hey siri what does interest on a loan mean
If they didn't allow interest only payments like 99% of complaints wouldn't exist
>>533708912Other people having loans is probably less of an inflationary effect on college tuition than the millions of foreigners that are given visas to study here and then given a direct pathway to employment over Americans.
>>533709311>Well, 7% of 50.000 is just 3.500 - that's totally affordable...Wait, you charge that EVERY YEAR?
>>533709474Every month.
>>533708632Inflation is literally a tax on a finite amount of money because of an expanding supply. Someone else’s loan just devalued your dollar. And the debt torpedoed your bank. Welcome to kikenomics
>>533705953You should be required to pay down some of the principal so that this doesn't happen
>>533706436they’re college educated now and somehow interest is still a mystery to them.
>>533705953Pro-tip, with inflation, that $50k is actually worth less than the $49k originally burned. Maybe if she paid attention in her studies she would realise this.
>>533705953Wait... usury... is a scam?
>>533706110>he swallowed the full loadWhy are you even here?
>>533706107>>533706110>parents have to cosign student loans because applicants are generally not old enough to take on a massive loan>parents also push teens into college because it's 'required' >graduates can't get jobs because parents generation outsourced them all to jeetspay up goy!
>$200 a month for 10 yearsIs this the same dumb bitch who thought apple pay was just free money that apple gave you for using your iphone? Don't get me wrong, usury should be banned under penalty of death and everyone who's committed it should be executed immediately, but it should also be a crime to not teach your children even basic financial literacy, especially when there are indeed legal guardrails and disclosures for shit like this that will tell you exactly what you're getting into and how fucked you will be making nothing but minimum payments for a god damn decade.
>>533708912This.Too many morons kneejerk "just don't get scammed brah" and don't realize it isn't just the idiots getting screwed it.
>>533705953Not saying the way american college works is good.But you need to pay people so they lend you money (interest).Why else would they give you the money instead of investing it elsewhere (with return).
>>533705953interest is not real. don't pay it.if they try to argue just tell them you aint paying ANYTHING. They will remove the interest.
>>533709911I want the loan terms to get so predatory and unrealistic that the entire system collapses. Only by accelerating the exploitation can we get the sympathetic goys to realize the true nature of the kikes.
Zognald just discovered his new favourite yesmen and shill lmao
>>533705953They said that with mine. In ten more years they'll be forgiving a third more than I initially borrowed after I also pay in 30k more than I initially borrowed. Something tells me they're going to change the terms and just keep me paying 15 percent of AGI until I am dead. Wish I'd never enrolled, obviously. It's already principally unpayable at my present rate of pay and I did a PhD.
>>533710366>only by shooting my own dick off will I get bumped to the head of the line at the ER and finally be able to get this splinter looked atAccelerationists are the biggest retards.
>>533709426is that face shopped?wow gnarley shnoz n wakky jew proportionsend school n college
>>533710742You'll never gain support from the masses unless they're truly suffering.
>>533705953You shouldn't get 50k debt, if you plan to only give the minimum payment every month. The people with such balances, are counting on loan forgiveness. They aren't serious about paying their debt.
>>533706408they do here in grade 8. not that it helps much, but we don't have similar cost of education. which brings us what? lotta indians, damn right.
>>533705953The value of the dollar is probably half of what it was ten years before. She paid off half the loan and still has half remaining.In a fiat system, without knowing the interest rate or monthly payment amount, you can't tell if a loan is a scam or not.
>>533705953>It’s a scam.All Kike loans are - How do people not know this. Look into how much you actually pay on a 30 yr mortgage for that already overpriced wooden box you want.TKD
>>533711273She didn't pay it off, she saw "minimum payment is $X" on a piece of paper and only paid that, not knowing that minimum payment is something the government allows people to make as a way of easing the loan burden, rather than having it get paid offShe literally just doesn't know how these loans work
>>533710095>how fucked you will beWell, in her case the $200/month basically just punted the debt forward another month, and didn't really increase her debt. With all the inflation that's happened, her debt is worth about 30% less than it was a decade ago, so by making the minimum payment for 10 years she kinds decreased her debt by almost a third
>>533705953It's called interest. It's absolutely a scam, but you have to be retarded not to understand interest.
>>533709156Truly unforeseen market shifts probably aren't the responsibility of the college, but in that scenario, it shouldn't be the students either. At the very minimum, being able to bankrupt out of a suddenly worthless degree should be a reasonable option for a student who graduates into a market that no longer wants or needs something that was high demand 5 years before.I'm more referring to bullshit degrees like gender studies and other degrees that never had a market to begin with. At mine minimum, college loans shouldn't be applicable to that shit, and if the person giving the loan had any risk of non payment, they'd do that due diligence at time of giving the loan.
>>533708762Oh, hold on a minute there, chief. That's antisemitism.
>>533706598MY BOYS WICKED SMAHT
>Riba is an Arabic term meaning "increase" or "excess," commonly translated as usury or interest. It represents unjustly charged interest on loans or unequal exchanges of goods, which is strictly prohibited in Islam as unethical and exploitative. Riba is viewed as a major sin, with two main types: riba al-nasiya (interest on loans) and riba al-fadl (unequal exchange of commodities).
>>533705953Yeah it’s a huge scam. If you’re a White dude it’s a life ending scam. Don’t ever go into debt for any college as a White dude. I won’t necessarily shit on education, it has its place. But only do it if your parents have paid for it or something
>>533705953lol that's what the bitch gets for paying the absolute minimum. if you're too fucking stupid to understand amortization and present value you ABSOLUTELY deserve to be saddled with debt for the entirety of your life...lol, lmao even. sucks to have such shitty fathers that they didn't even teach present value @ the breakfast table before school, shits simple, i don't understand why so many refuse to learn it
>>533708632Using a Shadowstats inflation calculator, it's even less. $50,000 in 2022 currency is $18,900 in 2012 (2023- data wasn't available on this particular calc).
50k is like 6 month of salary for a job that require a degree, just live with your parents for a year and you dont have any debt.
>>533711513>yeah it's a huge scamfound another retard too stupid to understand that you do not pay minimum on any note ever. you motherfuckers are thick as weeds these days
>>533711513>don't go to college goy>now we can't find qualified candidates for our jobs>we need to quadruple the H1B visas per year>jeets and their fake credentials meet our needs!
>>533709426The biggest inflator of college tuition is admin and athletic bloat. Colleges used to have like 10 faculty for every admin and like one faculty for every 10 students. Now there’s as many or more administrators than faculty and 20-30 students per faculty.Athletics budgets have inflated by orders of magnitude over the same period. A program that spent thousands a year on athletics program fifty years ago spends millions on it today. Athletics has started actively siphoning money away from educational resources and facilities and research in a time when teachers are being told the school can’t afford to give them a cost of living adjustment or maintain their retirement or healthcare plans. There was a scandal at a university in Iowa just the other year where the football team just straight up stole a million dollars from the general education budget to cover its financial losses after a bad season.
>>533710742>accelerationists are retards Agreed. Everything has gotten *massively* worse since Trump was elected the first time, but we are nowhere near a resolution. 10 years of everything getting worse, and things keep getting worse, and everything sucks.There is no difference between a zionist kike and an accelerationist
>>533711829Iowa and Iowa State football make much more money than they cost to operateAll their other sports except for maybe basketball do lose a ton though
>>533706110>>533705953Friendly reminder jews can obtain interest free loans from several banks in most white nations.
>>533705953not my problemo
>Sign the usury contract>It has usury on it>You have to pay the usury>Cry about it online???
>>533705953Maybe she should have paid attention in middle school when they were explaining interest.
>>533711028Everyone’s already suffering anon.
>>533712012>hebrew interest free loansThis. Only some of the goyim know.
>>533711829Imagine blaming athletics like a loser tranny and not the throngs of worthless administrators and other trash in every department that aren’t teaching or doing research. Think of worthless roles like VP of BIPOC engagement
>>533711395>you have to be retardedwhat do you think is the purpose of public school and television, except to make people functionally retarded and zealously act against their own self-interests?
>>533712150I’ve known for quite some time, but it’s definitely good to always talk about it.
>>533712053Maybe you should've paid attention when the Bible said usury was sin
>>533707938Nothing to garnish if you dont work. Simple as
student debt shouldn't be guaranteed by the statestudent debt should be dischargeable in bankruptcy>won't that mean less people get loans and less people go to college?yes, and then prices go downit's a win-win-win
>>533706436>He thinks you go to college to become intelligentDo you have take practice IQ tests too?
>>533711112>The people with such balances, are counting on loan forgiveness.They aren't serious about paying their debt.Even forgiveness isn’t looking likely to stick around, especially with the Dept of Ed being dismantled. There’s something like 9-10 million people in the US who chose to go into lower paying public service jobs with the understanding that after ten years of being overworked for shit pay, their loans would be forgiven. If the government decides to scrap loan forgiveness what are those rollers supposed to do? Go back in time ten or twenty years and choose a different career path?
>>533712161it's not all athletics anon, just womens athletics. they are, and have been a money sink since inception. i think something like 45% of all revenue from Texas A&M's football team goes towards foid athletics and it still doesn't even cover 1/4th of the expenditures
>>533712219Again, Christians are to blame.
>>533712254Add to this that loans can't be taken out to learn an African rain dancing doctorate.
IMAGINE NOT LEARNING ABOUT INTERESTSAmericans are so fucking dumb, holy shit.I would kill for the same interest rates they have for those retards. Here in Brazil, you need to have a house, a car, and be willing to give your firstborn to get any loan with 160% per year.Those niggers have access to loans without having ABSOLUTELY NOTHING IN THEIR NAME with rates of 10% per year and still manage to fuck up because they don't know fuck all about interest rates.
>>533712012Wait, WHAT?!
>>533712066>Everyone’s already suffering anon.Not enough to hate the jews and expel them and their brown puppets.
>>533712161I literally mentioned admin bloat in the preceding paragraph, anon. But athletic bloat also shares some responsibility. The average football budget for a Division II school is just shy of $10M a year, and suffers and average annual loss of $2M. Funding college athletics on this scale has become an active loss of funds for most smaller and mid-sized colleges.
>>533705953I hope you retards understand all these videos are bullshit. Student loans have lower interest rates than normal loans. Usually a good rate would be 9% or less but student loans are 8% or less. Even if you always pay only the minimum the debt will eventually be paid.
>mfw i read about yet another retarded american who was paying the minimun of the loan (they are basically just paying the interest and not the actual loan) instead of paying just a little bit more for the amortization benefits.It also gets worse when I browse those comments and realise that most people don't actually know how interest and amortisation work and are fated to make THE SAME FUCKING MISTAKES.
>>533710019Pay your loan faggot.
>>533705953so give me a crash course on reality. i'm broke, i get paid to go to college. however, my parents are still providing for my living conditions, internet, food, electricity etc. i would be fucked in any other situation.so where do the people who end up borrowing money to study come from? can someone fresh out of high school claim themselves as an independent and use tuition assistance to get by? if not, then who is the category of people that end up having to borrow just to get an education?
It's not a 'scam' per se, it's just how the government stays solvent despite being trillions of dollars in debt.
>>533708725For added fun, that's only 5.2% APR on the loan which means she got a very forgiving interest rate.Amortized over the DECADE she's been "paying it off" that would have worked out to $530.40 monthly payment but hey gotta get those nails done!
>>533705953what kind of babylonian satan cock interest rates do they have in the US?
>>533713512Comically low interest rates (considering that those loans are for people without anything in their name). It's pretty much 3x the inflation in a bad year.But they are retarded, and they pay the **minimum**. So, they spend 10 years paying only the interests. without tapping the principal, making this debt eternal...
>>533713512>>533713808I am not joking; I would kill for similar interest rates.Here in Brazil, we pay 160% interest rates per year. Meanwhile Americans without FUCK ALL in their names get loans for less than 10% a year and call this a trap.
>>533708656>Minimum loan payments should cover interest and some percentage of the principle.Then she couldn't afford them, just like she can't afford the degree she got, which is how she got in this mess in the first place. I generally agree with you, but the answer isn't what you think it is. The answer is so many fewer people attending college that the price of doing so falls through the floor, and universities are forced to restrict degrees to those that will actually lead to gainful employment. This bitch thought she could "afford" college by taking out loans. She's now finding out she was wrong. Tough shit. She gambled, and lost. Should've gotten a fucking trade gig, and found a husband. Now she'll spend the next 35 years paying off her social studies degree.
>>533705953is she single?
If you have a loan of 50k wouldn't you usually have a job where you could pay this off easily in a couple of years?
>>533705953Usury should be punished via homicidal gassing.
>>533714329She probably could afford it but could not afford the uni life of her friends.Student debt is not only used for tuition; people get fucking cars, tattoos, lattes, and whatever they can come up with in their minds to pass the free time.Tuition costs in America average under 40k per year (just googled it). You technically could afford it with minimum wage living with your parents or relatives.
>>533714409>is she single?Yes until she hits 35 then you can have her.
"Fuck you i got mine" is truly the great filter. One of the biggest blackpills is realizing that people want to keep deliberate scams traps and pitfalls in their civilization if they personally manage to avoid them.
>>533705953holy shit post the link to the video for gods sake! >>533706119Because they were 17-18 years old at the time and didn't realize or know what the hell they were signing. Their parents basically just said "Oh yay your going to college! Ok here are some papers you need to sign." Like it should be considered fraud due to the fact they signed a loan agreement where they were lied to about what they were actually signing and agreeing to. Erase all that bullshit debt. Anyone who says "Oh you took out the loan you gotta pay it back." is just a shill or a boomer israel worshiping loser. These colleges are literally scamming all these kids. Oh and btw taking out a "loan" means you SHOULD be able to do whatever you want with that money but NOPE it just all automatically goes to the college and your on the hook for whatever said colleges decides you owe them at the end of your graduation.
>>533714044>160% yearlyFuckin bullshit, not even loan sharks have that high.
>>533714701it's not a scam or a pitfall, the bitch chose to pay minimum payments. we were all taught minimum payments don't even cover accrued interest during present value/amoritization lessons. she made her bed, now she can fucking lay in it.
>>533708400Actually the way it works is you pay taxes, the government uses those taxes to originate and underwrite loans (it’s your money, not theirs) then they let the bank send you a note that says “we’ll transfer you the money you sent to the government but you have to pay us interest” and then you do and if you don’t pay they take it out of your paycheck by force. You give $100k to pay a bank another $100k while they put up nothing and lose nothing. That’s not even a joke. That’s literally how the student loans work.
>>533713317hahaahahaha this guy gets it! i bet you have/had a good dad that taught you present value before any school did
>>533705953Kek.Wait til this retard tries to buy a house and reads the amortization schedule.
>>533714877164% now (they raise it).You can't calculate month * 12. You need to understand that interest is a snowball.
>>533705953>paying average $213/payment on $50,000 loan>also missing paymentsYeah, that'll happen
>>533705953>1pbtid twitter screenshotyou are a disgusting jew
>>533706309I have heard this: then why do some Jews not have to pay interest (aka usury)? They literally have theirr own bank where they get take a loan with zero interest supposedly. I heard it on some podcast and even looked it up and it was true. Now how many and which ones are able to use this bank/banks I am not sure. But if you do some digging you can find some stuff pointing to it being true.
>>533715104and i bet the whore was making @least $4,000-6,000 a month at the very least, more likely 8,000-10,000, and STILL chose to pay minimums. it's almost a guarantee she paid more for starbucks and sephora per month than note servicing
>>533706279the biggest grift is that tax brackets don’t scale with inflation, so you have people starting out with a decent gig paying a huge chunk of their money in taxes because 5 years ago that was rich
>>533715018Student debt in America has rates so low that sometimes it is not even amortising.I personally avoid any kind of debt due to my Lutheran upbringing that taught me about the vices of the Jews...
>>533705953Dude I should have just gotten into the student loan businessYou’re telling me I can literally make money by lending people money, and then they have to pay me back several times more? And if they fail to do that I can literally just take their stuff and garnish their wages? The fuck am I waging for? This shit is awesome! No wonder Jews love it
>>533715210You can get an Islamic bank account if you want to avoid usury. They even have some meme way of getting "mortgages".
just say max a professor can charge is $10/h:)fuck academicsend grantsend money for school and loans all levelseradicate that whole bunch of useless pricks
>>533712150>>533712012>>533712150>>533712665
>>533715518One thing I learned from /lit/ is that most people with superior degrees (masters, and PhDs) in America are doing it because they spiralled into student debt and keep studying for more debt because they could not get a real job.They are far away from doing well...
>>533705953um yeah, is she retarded?people need to understand how loans work so they don't fall into usury traps like that
>>533712665>>533712012You thought ZOG and Jewish supremacy was a meme?
>>533705953free college and healthcare in israel btw. let the goyim deal with debt.
>>533715681True
>>533705953stupid people should clearly not be eligible for loans
>>533707938>Working to support the system that is after you.Kek what a fucking retard.
>go to college for 4 years>dont learn how interest rates workYou get a 15 year loan You pay off the interest firstIts not Rocket sciencePay off the loan early if you want to save $
>>533706107When literally everyone tells you as a kid that college is the way forward into the American Dream, it's pretty easy to fall for it.
>>533715906I'm sure they penalize the shit out ff you even attempt to ask about paying it off.It's antisemitic to pay a loan off early.
>>533705953Interests are normal even in pisslam they have it but just name it differently, the third Reich did too.People don't work for nothing in return even the amerimutt christcuck who work for free do it only because they believe it brings the end times aka Jesus return
>>533705953I paid off mine, $50k, in 4 yearsit's called sacrifice I'd be willing to bet she, like so many others, made no payments while Biden had it suspendedbut the interest kept accruing in that time
>>533715906>pay off the loan early if you want to save $what??? then she couldn't afford door dash 3x a day, starbucks 5x a week, and $1,200 worth of bullshit from sephora a month.lol my ex wife is just like this, the whore had over $14,000 in unopened nail polish alone because she was a "collector".
>>533706557>I think ours is around 2% now and it used to be lower.I thought college was "free" over there in socialist land? At least that's the tale you've been telling us...
have a kingend banks n corpskill jewdeport orc inc mik wop feministend school university collegeflibe.comfree everything for white guyswomen slaves and force abortimport millions 14yo slave girlsburn hydrogen for machines
>>533712012theyre called heter iska loans and while on paper they appear interest free, the interest is just restructured into the total loan payment. they basically just remove the line item for interest and bake it into the total owed amount. they do it so they can feel they're getting around their religious laws about not charging other jews interest. a jew will always get their money one way or another, even from another jew
>>533706598I was, literally had an entire unit on interest and compounded interest equations in honors precalculus/trig class. I knew exactly what I was getting into and paid off 30k in loans in about a year and a half of working. Lived on rice, chicken,beans and multivitamin for a while, used to consider a bag of apples and some cheap tea once a week to be a luxury.
>>533715993not anymore, shit changed drastically after sub-prime fiasco>In the United States, the regulatory landscape for mortgage lending has shifted significantly since the 2008 financial crisis. The Dodd-Frank Wall Street Reform and Consumer Protection Act established strict guidelines regarding prepayment penalties for "qualified mortgages." Under these federal regulations, many conventional, FHA, VA, and USDA loans are prohibited from carrying prepayment penalties.
>>533705953She graduated from college and only now learned about interest? Dear god
>>533706408That would be antiseptic
>>533706557It looks bad
>>533715681>>533715756Paid for by your Slave Fee (Taxes)Hope your all paid up Goy.
>>533708172Would
>>533708400Would
>>533709426Would
>>533705953mutts are bred to be retardedthem falling for basic usury is part of their design
>>533705953Would
>>533705986KekFPBPYou'd think she'd have used her loan to pay for some college level math or economics classes...
>>533714933Yes, they are literally scams. And I would go so far to say fraud sense pretty much every kid who takes these loans are not told anything by the school (or their parents) about what they are "signing up for".. I hate this shit because then you get boomers and some gen Xers who got to go to college for literally a few thousand dollars saying stupid shit like "ahh well you took the loan, you need to pay it back! WITH (criminal) INDEFINITE COMPOUNDING INTEREST! dude its all so tiresome. And then you got millions of "minorities" that ALL get to basically go to college for free on affriminative action style scholarships. Literally just go to any mid level state college campus and its literally 80% black women and some men and the other 20% is all other "minorities" (aka non-whites) and upper class/wealthy Chinese students who are all CCP brainwashed retards that literally don't even barely speak English. I'm convinced they all just get passing grades and a degree because they are paying their tuition's in full with cash. Oh and btw they charge these Chinese students like 2 or more times as much money they charge Americans. Except not really sense the Americans they are charging are putting them into perpetual debt slavery which most will NEVER pay off until they die because of the compounding interest. Whether you pay more each month or the minimum you'll never break free from most student loan debts.
>>533705953>Doesn't understand interestIt's literally not my problem. Collegecucks will claim they are smarter than everyone else and insist they get paid more. If they are so smart, why did they take out loans and not understand interest is front loaded?
>>533715993this has not been the case for 20 years minimum
>>533716948Btw this is how your mortgage works too. This is how all loans work. The first 180 payments on my 30 year mortgage were interest only. The balance never went down at all the first 5 years
>>533714329Nice try shlomoYou're a fucking retard parasite
>>533708810I paid off my student loans years ago, but the word “amortization” was never uttered in my high school. In my math classes, we were using the quadratic formula, derivatives, and integrals, not identifying jewish tricks in contracts. No one is preparing today’s high school graduates for how much they are about to be screwed.
>>533712828And there it is from the jamboy's mouth. Credit scores are basically like the caste system in india. If you play the credit score game you are no better than a thirdie shit eating shitskin jamboy. Take every loan you can out, even with the most ridiculous terms. Immediately move that money to a different account and make sure to say the most racist hateful shit you can imagine when the shitskin jeets call you everyday to make a payment or send you empty threats. It ends up being the most enjoyable part of my day because it is completely legal to say literally anything to these shitskin phone scammers. They called you first and you have told them to stop calling you. Call them every racist name imaginable, threaten their lives and the lives of their families. Threaten their children, threaten to rape their wives(ew but we're emotionally hurting shitskins so just go with it). The can do nothing and they will call back the next day for another round of verbal abuse. Make sure by the time they discharge your debt that you never paid a penny back for that you drive at least 3 call center jamboys to suicide.
>>533705953The combination of retardation and usury has destroyed several civilization throughout the ages.
>>533706557They do. The highest I ever had was 6% for my MBA. These people go to private, higher interest loans after they reach the federal cap of amount they will loan you, which is north of 100k for reference.
>>533706557>JEWS: "we need high, compounding interest rates in order to cover Default scenarios!">The People: "your criminal compounding interest rates are CAUSING the defaults!"
>>533718098Bingo. Click click accept accept, poof money.
>>533712066>everyone's already sufferingNot the rich
>>533706110thanks for explaining usury, rabbi
>>533712833>Give a business loan to a barely legal 18 year old with no job>Business doesn't make any money!>Bankruptcy>Should've invested your money better!>Give a student loan to a barely legal 18 year old with no job>They can't find a job!>NO NO NO YOU CAN'T DECLARE BANKRUPTCY>I GET TO HAVE SUPER SPECIAL FOREVER AND EVER LOANSIt's just not responsible to let lenders do this.
>>533706512What a good goy. He loves to go into debt and pay interest
When this happens student should be allowed to get a refund and not have degree anymore since it was a rip off.
>>533707938They fucked up and didn't understand what they were getting and were geedy and got what they deserved.If it were me, I would use credit cards to pay it off and then default on those instead.Of course if it were me I wouldnt do school or student loans in this new world in the first place.Information is free now and you can network for contacts.
>>533711925Acceleration hasn't even begun.
I spent 20 years fighting this industry. We were making progress and ya'll reelected Trump and erased it.
>>533719218You're not allowed to pay them with credit cards, they're well aware of that method.
>>533719218Can’t pay them with a credit card, they already tho if they of this lol. You also can’t pay an auto loan with a credit card for the same reason.
>>533705953Until you blame your wonderful professors who sold you on a lie, you deserve to be screwed over.
that is what happens when christcucks hand jews (a people who are trying to conquer and enslave them) control of the money supplyeducate yourselveshttps://youtu.be/mII9NZ8MMVM
>>533719218>>533719264>>533719287daily reminder: all of your problems can be solved by killing a jew and living in his mansion off the infinite supply of gibs stipened onto the cards he had in his wallet(make sure you get the pin first dummy)
>>533705953She didn't learn basic math as part of her $50k education? The only scam is that colleges and grade schools are turning out people like this instead of failing them.
>>533705953This is true most likely but why the post was clearly AI generated? It has typical cadence of chatpajeet and obvious flag >it's not a EM DASH but it's bJust spend two weeks with your local llm and you'll see that these mongoloids are spamming ai generated text everywhere.
>>533705953Yes, it's a government sanctioned scam that bank and collages colluded together to trick young people. That is 100% the reality of it.
>>533705953The US is an evil country to impose this usury on the young and pressure them into it with endless propaganda. It’s sickening.
>>533719491idk why they even need loans, i went to college for like 12 years and never paid a dime. federal grants. free money. do they really not know theyre living under a jewish occupation?when they reported their income they actually told the truth instead of just lying like literally every mexican and pajeet knows instinctively how to do?>inb4 think of da taxpayersi bet they fell for the (((IRS)))/Al Capone tax evasion meme didnt they? i wonder what else they fell for.
>>533706309>tricking meAkshually, technically there was a contract involved so it's consensual, goy.
>>533705986>greek doesn’t want to pay back his loansShocking
>>533705953compound interest is a beast
>>533706362>Jews, meanwhile, get lots of free kickbacks from tax dollars and get free education and college tuition in many cases, just for being jews.blacks get free college, so do women and any minority, anyone with kids. Really its just single white men that don't have children that don't qualify for free stuff.
>thread full of kikes defending this
>>533706110Unpayable debts are a form of slavery
in a homogenous society based on merit there wouldn't be student loans at all. it is of course a veritably efficient method to keep the poor goyim out. after all they don't even have the IQ to understand interest on interest. pathetic.
>>533712012Daily reminder that these are only "interest free" in the sense that loans in the Islamic world are low interest. The bank tacks on a few so that the total amount repaid is equal to that as if there had been interest.
>>533720104It’s almost the exact opposite. They do not charge poor families, and parasitically rich families can afford millions for their children.It’s the families with talent and good faith middle incomes who pay full price via loans.
>>533706557Enjoy it while it lasts.
>>533712833You are the reason society is fucked
>>533705953Christianity banned usury for everyone but Jews, the modern world is the result of this.
>>533705953loan structures and timetables don't run on vibes, sweetie. >The first of the month is coming up, you either have the money or you're out on your ass.
>>533720508>jew flag trying to downplay itChecks out.
>>533721118This can’t be stated enough.
>>533720657right. we're not homogenous societies anyway. to rephrase, education should be a societal effort that supports merit. not charging the poorest is commendable, but in current society it results in daycare admin jobs for niggers with a degree, that they didn't really earn. charging the middle class in usurious ways destroys it, apparently one goal of tikkun olam. the (((rich))) are hugely overrepresented at ivy league and nepotism propels them to easy life mode at the top. which isn't based on merit, but on wealth. suboptimal to say the least, as it ensures the rule of the few chosen ones.
>>533706110the amerigolem speakslisten and learn
>>533710019And this whole time the money stayed in the banks the entire time. They only lent out money that wasn’t there to begin with as it was already lent out. Oh the horror letting people do things like go to school. Better try to make them miserable and their life hard for experiencing such a luxury.
>>533721118Accurate
