Can we talk about how absolutely ridiculous it is that the interest rate for graduate student loans is 8.08%? It feels like they’re just charging us for the privilege of trying to further our education and build a better future. How are we supposed to ever get ahead with rates like that? Doesn’t this just set us up for decades of debt?

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I am 100K in debt. I had to leave my job at bnym for a higher paying job to have the ability to pay off loans.
Interest is high because the government cannot repay its own debt so they inflate everything to make the amount less, principle of a loan is high because universities decided to spend money to be competitive rather than make something affordable.
Not to mention the amount of baby boomers and even some gen x retiring where the younger generation will have to take care of them.
Yes this is setup for decades of debt.
I would recommend a couple of things (required at the federal level) to get started
1. Student loans are 0% indefinitely (other countries do this, and the US did this over Covid).
2. Give incentives to give RSUs and equity to employees and not just CEOs at companies and don’t bail out failing institutions. Building equity now can prevent issues in the future and allow people to grow enough to not be in debt. The rate of return for shareholders has never been better yet no one feels this except for the top earners who can invest.

I am fortunate enough to work at a place that did have RSUs and it is absolutely life changing where in 2 years I can pay off all debt and afford a home in this economy.

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Question: Let's say that you decide to quit or you are laid off. Do you still get the market value of the stock/RSU once it becomes available after years of maturing? I don't know anything about RSU's. I would love to learn more from a person that is currently investing in that.

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