@[email protected] to [email protected] • 10 months agoOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.comexternal-linkmessage-square37fedilinkarrow-up1255arrow-down16
arrow-up1249arrow-down1external-linkOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.com@[email protected] to [email protected] • 10 months agomessage-square37fedilink
minus-square@[email protected]linkfedilink4•10 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@[email protected]linkfedilink3•10 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%