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Reply to "$100,000+ loan club"
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[quote=Anonymous][quote=Anonymous][quote]Count me in. I pay about $1,200/month on my loans. It sucks. I think it should be against the law for lenders to charge interest on student loans while students are still in college as that made up the bulk of my student loan payments last year.[/quote] Why? Do you not understand basic finance? Interest is how lenders make their money. Perhaps you should have considered all of these factors before you took out the loan. You don't get to cry foul now that you have to accept the consequences of your actions. [/quote] I'm not crying foul. I'm paying every penny back. I just think that there should be a rethink of the student loan industry. :)[/quote]
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