No announcement yet.

This guy just moved to a jungle to escape his student loan debt?

  • Filter
  • Time
  • Show
Clear All
new posts

  • #61
    Originally posted by disneysteve View Post

    Certainly education about loans could be better, but I also think some of it is just youthful ignorance and "head in the sand" behavior. The promissory note spells out all of the details clearly: when repayment begins, how much the monthly payment will be, etc. Most people just ignore all of that and figure they'll worry about it later.

    And some of it is also the fault of parents and friends and relatives who actually encourage students to borrow as much as they want and worry about it later.
    There is definitely a bit of ignorance going on there - most of them don't want the information IMO. And others, like you said, definitely have people close to them leading them astray.