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Bankruptcy is lifesaving
(lemmy.ml)
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this post was submitted on 26 Dec 2023
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Student Loans have entered the chat.
Money you have to take out for college and then pay back at 10% interest.
I'm sorry is this an I-love-getting-fucked-in-the-ass thing that I'm too Scottish to understand?
Yes.
See, Americans dont have an England to fuck over its citizens, so we have to do it all by ourselves.
And then blame it on the boogieman
And who's fault is that?
They put the mugshots on their paper money.
FiFY, now the entire world can use it
[Laughs in English]
Whilst it would be lovely if us Englishmen didn’t have student loans, they could be a whole lot worse. We only pay them once we earn over a certain threshold, and they’ll disappear after 30 years. Plus our unis are funded in large part by international students (which has its own issues), so Brits’ course fees are slightly subsidised.
Not good, but hey at least it’s not the US(!)
You missed the chance to say "At least it's not the US, eh?"
The United States is a free country and freedom to shape your own destiny is one of the hallmarks of being an American. So everyone whining about how hard it is should have thought long and hard about the consequences of their actions when they decided not to be born rich.
/s