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Indentured servitude.

8.8. klo 22.06
American took out a student loan
- She borrowed under $28k
- She’s paid back $38k
- Her current balance owed is $58k
- That’s $68k of interest on a $28k loan (so far)
I don’t care what anyone says, this is criminal. Interest terms like this need to be illegal
“I have been paying on my student loan since 2008. I have never been delinquent. I have never missed a payment and I've always made the payment that is requested and even I've made additional payments or sometimes more than my payment.”
“I graduated college — with a little under $28,000 in student loans. I, to date, have paid $37,000 back to my student loans since 2008, but I still owe like $58,000. The math isn't math-ing. I'm not great at math, but the math isn't math-ing there.”
Americans have no chance of ever paying back these predatory loans
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