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Americans Owe $1.75 Trillion In Student Loan Debt, And These 22 Screenshots Show Exactly Why People Call The System A Scam

1. After making a $156 payment, only $1.56 went to this person’s principal, and the rest went to interest.

Reddit: u/anotherarmadillo / Via reddit.com

2. This person was just about to celebrate paying off all their student loans when four cents in interest accrued while their payment was processing.

Reddit: u/Kimi_no_Sei / Via reddit.com

3. This person couldn’t even think about celebrating paying off their loans because it caused their credit score to drop nearly 80 points.

Reddit: u/TofuKweeen / Via reddit.com

4. This person had a question about their student loans and spent over 1 hour and 47 minutes on hold…

Reddit: u/hellohi3 / Via reddit.com
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