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by aquanext 1614 days ago
If I had it to do over again, I never would have taken out such big loans; instead I would have opted for the cheapest community college. But I was young and had never managed money before. I had no understanding of what I was signing up for. I actually went to a super overpriced art school ($30k/year) and realized about halfway through that I was never going to be able to pay it back. So I left and started working. That was probably the right decision because paying back $60k plus interest has been insane. I've spent all this time (15 years so far) paying back everything and still have $30k left (all interest!) and I can't imagine if I had to pay back $120k + interest. If I had stayed, by this point, I would have fled to a third-world country and changed my identity to avoid having to pay it back long ago – or killed myself.

It is criminal what they have done to people. Absolutely criminal.