return2ozma@lemmy.world to News@lemmy.world · 1 year agoOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.comexternal-linkmessage-square37fedilinkarrow-up1255arrow-down16
arrow-up1249arrow-down1external-linkOnly 60% of student loan borrowers made payments when bills restarted in the USwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square37fedilink
minus-squareCopernican@lemmy.worldlinkfedilinkarrow-up4·1 year agoWhat a weird quote to use for your argument. The quote says it is a loss when adjusted for inflation. That is not a profit in any meaningful sense. When money is leant with interest below the inflation rate that is not making profit.
minus-squareChriswild@lemmy.worldlinkfedilinkarrow-up3·1 year agoPlus a return rate of .6% is awful. The same banks would demand at least 5%
What a weird quote to use for your argument. The quote says it is a loss when adjusted for inflation. That is not a profit in any meaningful sense. When money is leant with interest below the inflation rate that is not making profit.
Plus a return rate of .6% is awful. The same banks would demand at least 5%