“Teacher With $303K Student Debt Says Biden’s $10K Relief Plan Not Enough” (businessinsider.com)
Finally, I am seeing various publications (Business Insider, etc.) writing about accrued interest on student loans. Interest on the principal and also the interest. This particular article also touches upon Deferred Student Loans and the resulting paying the interest first before touching principal. This is much of what I have pointed out previously and largely ignored. Student loans can be a La Brea tar pit for young people.
“13 Mistakes to Avoid When Repaying Student Loans | Edvisors.” Mistake #7 of 13 student loan mistakes is to the left and addresses what I just said about paying interest first before touching principal. Click on the imageRead More »