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@footdocdana: #stitch with @holterman How student loan interest adds up #finance101 #loans
Doctor Dana • FootDocDana
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Region: US
Wednesday 07 July 2021 21:29:05 GMT
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Comments
Redalice39 :
Can we talk about your excel skills???
2021-07-07 22:11:31
1661
Rik :
what most people fail to realize is this system is so broken if it's not fixed/wiped off it'll crash the US economy in the next 1-3 yrs like 08housing
2021-07-07 23:57:25
759
JadeTeen :
You’re doing it wrong. I just charged my tuition on Credit Cards and then declared bankruptcy when I graduated.
2021-07-08 19:21:47
1039
Erica :
My literal life ! Payment 500 a month and it’s only gone up ! Been paying for five years - never ends
2021-07-07 23:50:19
333
The Main Jace :
“I would know. I’m a doctor”
2021-07-07 22:02:36
329
Juan Carlos :
That's no how you calculate interest, is more complex.
2021-07-07 23:31:37
25
Ben Wyss :
They did teach it to you in high school. Algebra I. The chapter on exponential growth and decay. I would know, I’m a math teacher.
2021-07-08 03:04:38
96
irishman_94 :
Something I should’ve been taught… how to be efficient in Excel
2021-07-07 22:55:54
420
Pete Tran :
I mean it’s 5% annual so after a year the total payment goes up to (50000+50,000*0.05=52,500)
2021-07-08 01:38:49
58
TheRealTikTokDoc :
Compounding interest can kill your or make your rich. Be debt free.
2021-07-09 13:14:34
548
Marianna Beltran :
Okay so how do you fix that? If it’s really like that you’d never pay them off
2021-07-08 00:06:28
86
Mish :
Are these federal loans or private? 😅
2021-07-07 21:32:03
5
MichaelbMagic :
5% is low for student loans. It’s actually more. But with covid the last 18 months it’s been at 0%
2021-07-07 23:53:11
25
Kirstyn :
We didn’t realise we were just paying interest on our debt for 3 years, we were drowning so consolidated the lot and got it paid off in 5 years.
2021-07-08 14:31:41
4
TikTok :
where did you study? didn't they teach you SI/CI in schools? I studied in 6th grade.
2021-07-07 22:27:46
7
Taco Pizza :
ok but the excel knowledge 😳😳
2021-07-08 00:18:22
115
🥐 :
So many people complaining about the math of the video but I don’t see anyone stitching the video to show the right way 🧐
2021-07-08 12:47:27
37
✨Your_College_Girl✨ :
I haven’t taken loans yet for college & I’m debt free right now. I was able to go to community college & didn’t pay anything for 2 years
2021-07-07 22:00:01
15
Tyler Price :
I’d kill for 5%, I had some that were 6.8-7.2%
2021-07-08 03:21:20
2
JaredH :
This is a topic I cover very thoroughly in my class. I want my students to know about loans and borrowing money.
2021-07-08 01:54:15
6
Nader :
That's not correct. 😂Annual interest not monthly interest.
2021-07-08 04:25:56
6
Sly :
I look at it like this, my student loan is my oldest acc. If I pay it off early, my credit score will decrease 😳
2021-07-08 22:11:10
1
Christian JL Trotter :
paid 400 a month for a decade and it's still roughly the same as it was when I graduated. #crime
2021-07-08 18:10:20
35
householdhacker :
That explains why I owe more now than I did 20 YEARS ago.
2021-07-08 06:22:23
20
Henno_91 :
From now on, im going to say this is the reason I didn't go to med school 😂
2021-07-07 22:19:00
9
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