this post was submitted on 04 Dec 2023
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It can't go above 9% of salary though. Treat it like a tax unfortunately.
The saddest part about it is that although what you said is true, that doesn't guarantee that the sum won't grow. What I pay back is not even covering the interest, and it keeps growing. It may be that I'm going to pay that "tax" for my whole life, which is ironic because I dont even work in the same industry as the education I'm paying back for.