I wish when I was 18 signing on for my debt, I was given an amortization schedule and actually talked about how long it would take to pay this off. I had no clue what I was doing and at that age, no concept of how much money it actually would be. I just thought "I'll pay it off, no problem!".

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We had to go through debt counseling before we could our student loans. It laid out the payment plan and all of the details I was just naive as to how much I would been earning after graduation

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I wish I had this!

It’s predatory. Simple

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For profit colleges in the US are a completely predatory system akin to army recruitment. You're telling me it's cool to shoulder thousands upon thousands of dollars in debt or go to war for our corporations when legally we can't even have a beer yet (or buy cigs in some places)? We JUST became old enough to participate in our country's politics but we're being expected to make major life decisions already. Anyone who's older than 18 and has met an 18 year old knows that we shouldn't have been allowed to make decisions on anything, let alone something like this, because we were still children.

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I do agree. At 17 I couldn't sign for my $10k loan without a guarantor, but at 18 I could sign for a $150k loan no problem.

I don’t agree it is predatory. They do provide all of this info ( or used to in the exit interview! ) maybe it should be laid out for people prior to taking out the loans. No one twisted your arm to take on the loans, or forced you to take them. I think most of us believe the old myth that with a degree you will be making enough money to pay the loans, which has changed dramatically over the years.

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Absolutely. I had this mentality. The degree I was getting was a ticket to pay them off so I didn't stress about them. But I definitely wasn't given all of this info and had no idea even to ask at the time.

Did you ask?

Point is I was too young and dumb to even know I should be asking

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Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

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