I would argue that a student loan is an investment to get a material result and does yield an implicit return. Now like borrowing money and then subsequently investing it you can do it intelligently, or you can do it poorly, much like borrowing money for an education.

Just because there's not an explicit rate of return thats obvious does not mean it doesn't have a yield. In fact you could likely use averages from readily available statistics to calculate the rate of return if you look at various degrees, their cost and their anticipated future earnings brackets of those graduates.

This post was edited by SBD on Sep 12 2022 04:34pm

Student loan debt has drastically increased my income potential. There is no reason to pay it off faster at the current interest rate.

If tomorrow they announced a federal program to raise the interest rate to 15% you bet I'd be driving uber and taking a second job to pay it down faster.

yes, the reason why doctors wont rebel or bite the hand that feeds is because they often are too far in debt to challenge the system, its designed like that so they have no choice but to do big pharma bidding even if it's unethical, immoral and harming to a patient like mix and matching boosters. Which means the old experienced medical experts leave and new ill advised ones become that big pharma henchman squad.

your dissonance on that will be delightful to see.

so you would need a side hustle to pay it back, yikes bro

hf hoping for the democrats to save your ass



definitely not wrong, cant argue with the logic

if you take into account how tuition has exploded compared to wages etc however, taking on that debt has become worse every year in the last decades

if you cant pay for it rather easily its already too much in my opinion (aside from things like family giving the money or a scenario where the entire system goes away)

there is a reason the gigantic mountain of debt is going up and up, most people should have done something else

if you arent in law, medicine or a good STEM program you are just fucking up

you wont find a lot of computer science guys whining about loans forva reason

I hear women all the time talk about how they just buy a bunch of stuff, go through bankruptcy & start fresh and use the former proceeds to pay off loans and repeat.

I'm noticing a trend where the most financially illiterate are also the ones with the worst reading comprehension

Slam

Damn, the Germans really didn't like QE2.

If you'''reeeeeee so smart.
Why don't you have any fg?