Tuesday, May 20, 2014

This is going to kill our country

Another guy is leaving my agency because the minimum payment on his student loan is 20% of his net income. That's insane.

He notes, too, that his loan was "sold, transferred, and everything else three times while [he] was completing school [so he] did not even know who was servicing them until they came due. It wasn't until the bills came that [he] knew what [he] was up against."

Student debt has become crippling for many and disincentivizing for many more. Dammit. Elizabeth Warren is right.



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