This Woman Knows How To Stack Up Debt!

[FUCK THE POLICE]

I think it's actually more than $550K, but ... In the article I read yesterday, it said that she deferred payment on her loans while she was in residency, which generally takes about three more years in family practice. Apparently she neither realized nor appreciated that interest still accumulates during that period, and it's compound. Students just rack up the debt without really being conscious that eventually it has to be paid back.

I honestly don't know how I'm supposed to be able to get an advanced degree without racking up debt beyond 100k.

 

[FUCK THE POLICE]

The thing about student loans is that it's impossible to go bankrupt on them. So the banks who do these loans have absolutely no incentive to not make them to people who can't afford them, or to prevent people from getting into unaffordable situations.