@return2ozma to News • 11 months agoOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.comexternal-linkmessage-square37arrow-up1255arrow-down16
arrow-up1249arrow-down1external-linkOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.com@return2ozma to News • 11 months agomessage-square37
minus-square@Copernicanlink4•11 months agoWhat a weird quote to use for your argument. The quote says it is a loss when adjusted for inflation. That is not a profit in any meaningful sense. When money is leant with interest below the inflation rate that is not making profit.
minus-square@Chriswildlink3•11 months agoPlus a return rate of .6% is awful. The same banks would demand at least 5%
What a weird quote to use for your argument. The quote says it is a loss when adjusted for inflation. That is not a profit in any meaningful sense. When money is leant with interest below the inflation rate that is not making profit.
Plus a return rate of .6% is awful. The same banks would demand at least 5%