

Student loan interest trap
On Monday, after over two decades, I had finally managed to pay off my student loans. Or so I thought. As I waited for the payment to process, I noticed I had a new balance this morning. Higher than the amount they themselves had instructed me to pay to “pay off the loan”.
So now I have to wait thirty days to see if they’ll write off this interest they forced me to accrue.
Really didn’t think student loans could be an even bigger scam than they already are