42% of millennials overestimated starting salaries vs. student loan debt(businessinsider.com)
businessinsider.com
42% of millennials overestimated starting salaries vs. student loan debt
https://www.businessinsider.com/millennials-overestimate-starting-salary-cant-pay-student-loan-debt-2019-9
3 comments
Between inflation, lack of jobs, jobs that pay a decent wage and the 4% interest rate Congress sets does not help the borrower. Why is America making a profit off student loans? The dems want to pay back student loan debt, but who's pays for that? It's not fair for others to pay for my loan when I got it. I'm still paying for a degree that never helped me for a college that no longer exists. How is that fair? I'm not eligible to get my loans discharged either as I went to college too long ago.
>Nearly half of millennials said the biggest mistake they made with student loans is thinking their starting salaries would cover their monthly payments, a new study shows
Nearly half of millennials said the biggest mistake they made with student loans is listening to the recruiters who said their salaries would easily cover their monthly payments.
My snarky ass editorializing of the title aside, I would be curious how much is from genuine misconception/underestimating payments, or are they being encouraged/misinformed by those who want to keep the seats filled in their schools?
Nearly half of millennials said the biggest mistake they made with student loans is listening to the recruiters who said their salaries would easily cover their monthly payments.
My snarky ass editorializing of the title aside, I would be curious how much is from genuine misconception/underestimating payments, or are they being encouraged/misinformed by those who want to keep the seats filled in their schools?
DrCent(2)