Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
I think a better goal may be to make plans affordable. Loans are a valuable tool, if they’re at a decent rate, so restructure them. Interest never compounds. Rates have to be reasonable. Payments always come out of principle, with interest tacked on and paid at the end of the loan’s life. It’s also a reeeeeeally hard task to say just “make things affordable”
I think a better goal may be to make plans affordable. Loans are a valuable tool, if they’re at a decent rate, so restructure them. Interest never compounds. Rates have to be reasonable. Payments always come out of principle, with interest tacked on and paid at the end of the loan’s life. It’s also a reeeeeeally hard task to say just “make things affordable”