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re: Erasing student debt

Posted on 4/12/22 at 9:24 pm to
Posted by John_V
SELA
Member since Oct 2018
1764 posts
Posted on 4/12/22 at 9:24 pm to
Pay back your loans and if they're federal loans have them do it at a 0% interest rate. The interest rates are the reason that the average Student Loan debt is higher than their salaries.

A lot of people pay off their original loan amount half way thru their payment plans
Posted by WildManGoose
Member since Nov 2005
4568 posts
Posted on 4/13/22 at 9:20 am to
quote:

A lot of people pay off their original loan amount half way thru their payment plans
Maybe private loans, if they're financing for 40 years or have six figure debt. Federal loan rates are comically low, secured rate low.
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