
American medical student just did “horrifying math” on her student loans - Her amount due is $396,945.67 - Annual interest rate: 5.875% - Monthly interest accrual: $1,943.38 Her monthly resident paycheck is $4,054.98 HALF her income goes to just interest… She says if she pays nothing toward interest, the loan would grow to roughly $600,000 by the time she finishes residency Interest rates on student loans are predatory and should be illegal. This is usury

















