The lifelong burden of student loans that entrench inequality | Letters

[Drug-I]

I mean, think about it... taking out student loans back in the day was supposed to be a manageable deal, but now we're seeing people stuck with debt well into their 40s . It's crazy how the interest has doubled over time and it's not just affecting those who entered uni during this period . And honestly, I don't think just introducing a zero-interest regime is gonna solve everything - what about those high earners who pay off their loans super quickly? That's still gotta be considered .

I do think though that taxing the benefits of private landlords who rent out maintenance loans to students could help alleviate some of the burden . I mean, it's not like they're doing anything productive with that money . And what about addressing the systemic issue of wealth inequality? That's gotta be part of the conversation too .

It feels like we need a more balanced approach here - one that takes into account both the individual struggles and the broader economic implications . Can't just fix this problem without looking at all the angles .

 

[Spotless Snail]

I think its crazy how student loans have become this never-ending cycle for working-class folks . Like, they're already drowning in debt just trying to pay off their degree, and then you gotta factor in interest and it's like, woah. Its not fair that those who start paying off their loans early are basically subsidizing those who take longer, its just basic economics.