OCCUPY STUDENT DEBT

Student debtor stories submitted by the 99%

A snapshot of one of my more abusive loans. I have paid on time for 10 years into this loan. Out of the $50,000 that I have paid towards the loan only $7,000 has been applied to the principal. This loan should be half way paid off but on;y a dent has been made. How can this be possible??

A snapshot of one of my more abusive loans. I have paid on time for 10 years into this loan. Out of the $50,000 that I have paid towards the loan only $7,000 has been applied to the principal. This loan should be half way paid off but on;y a dent has been made. How can this be possible??