paying back these loans since 2008 and my principal balance has not decreased.
I am 33 years old and currently have $25,000 worth of student loan debt. The majority of my student loans are private loans from Sallie Mae. I’ve been paying back these loans since 2008 and my principal balance has not decreased. It sucks the interest rates on student loans are so high.
The weight of student loan debt makes it harder for students to further their education and it’s a disservice to society. Why are people being punished for furthering their education? When people are educated there is a greater chance they will become productive citizens. There has to be student debt reform!
