Cecile
Region: US
Monday 13 October 2025 17:00:58 GMT
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hannahrosesummer :
YES mine have actually increased $10k after paying $300/month for years 🥲 like why even pay it
2025-10-13 21:32:16
1
Ob.La.Di :
My husband paid for 20 years on a $50k loan and the balance went down like a few thousand. Thankfully it was forgiven under Biden🙌🏼
2025-10-14 14:41:48
4
christycargilesta :
It's the interest eating any minimum you make
2025-10-14 12:29:58
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Christine♡228 :
If you can get into government work you can get them forgiven in 10 years of paying
2025-10-14 18:15:47
0
appleuser546554 :
Look get a loan for the pay off amounts. Pay off the loans then file bankruptcy 🥰
2025-10-14 14:15:37
1
taylorlyn_97 :
The interest accrues daily. try making weekly payments, not monthly!
2025-10-15 17:44:41
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Consumer Debt Chit Chat :
Federal loans are designed to NEVER pay it off because most people can't in 10 years. So they lower the payment that doesn't even cover interest.
2025-10-28 22:45:19
2
E12029 :
If I had to guess- the interest capitalizes meaning it’s added to the original amount and you pay interest on that too. So you’re almost never paying towards the original principal balance- you’re paying more and more interest on a ballooning balance. How much did you originally borrow and how much have you paid towards in to it in total?
2025-10-14 12:43:50
1
bailey :
unfortunately it’s probably because most of your payment is going to interest. your lender should show you what your interest for the month is (ex: total amount due is $50 interest is $30) so only $20 is going to the principal. if you can manage it, try to double what your principal payment is or at least make it more than the interest amount. also make sure to check that additional payments go to principal not interest!
2025-10-14 13:59:49
1
the grass isn't greener :
I didn't pay for 15 years now I owe nothing
2025-10-14 18:04:43
1
Michelle | Mom of 2 🩷💙 :
Daily compounding interest. If you don’t do the 10 year pay off, do a deferment, income generated repayment, etc. it will never move.
2025-10-14 14:16:27
5
ladybird2000 :
Loans are a scam. They give you 10 loans different int. rates. They should give students one lump sum and deduct tuition and fees and give you 1 low interest rate like 2%, but instead they do what they are doing to keep you in the system unless you are a millionaire. Its NOT like a mortgage when people say that. I have both and its NOT the same. Im at $0 payment on IBR until forgiveness and Ill take a tax hit, sell my home, buy an RV and travel lol. NO ONE should have to pay for education. Thats whtlat taxes are for.
2025-10-28 15:22:37
2
Mary Tingle :
This is why they need to teach personal finance in high school. Make an extra payment toward principle each month.
2025-10-16 18:05:23
0
Kel_ly024 :
I learned the hard way. You need to double your payment in order for it to matter.
2025-10-15 12:00:16
1
Amy :
The very least the government can do is remove interest from student debt.
2025-10-14 13:45:18
5
Kensington :
Because you have a crude interest on your account that you need to pay down first.
2025-10-16 18:35:12
0
Georgina :
you're paying interest instead of on the principal. it sucks maybe refinancing will help... or you have to pay more than the 600 for it to go down.
2025-10-14 02:20:31
4
Stray85 :
Yep, been paying for over 15 years, about $600 monthly, it’s still $70K
2025-10-16 14:42:14
1
Megan Jones :
I have mostly private, I’ve just recently hit the 100k mark in 10 years of payments, which is what I took out…I still owe 65k 😂 it’s a life even our parents didn’t know we’d have
2025-10-14 11:46:29
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The Rutka Benoit :
That’s because most of the early payments go toward interest, not the principal. When interest builds up between payments, it gets paid first, so only what’s left lowers the actual balance. If the rate is high or there were deferments or pauses, that interest can really add up — making it seem like the principal never moves. But if they make an extra payment and specify it’s to go toward principal only, that extra amount goes straight to reducing the balance — helping the loan go down faster and cutting future interest, too.
2025-10-14 13:30:32
1
Elizabeth :
I usually look to see what the interest is before I pay and I always try to pay over the interest amount, like even just $5 worth if I can’t pay more. I’ve paid off 2 of my loans like this and have one big one left but it’s definitely going down
2025-10-14 12:08:41
1
Laura Helbling :
🙄 You’re paying just the interest. Refinance it to better terms
2025-10-19 20:30:39
0
brandydoc 💛💙🆘🇺🇸 :
Because this country is corrupt as hell. Interest rates should be capped at like 1%. It’s insane.
2025-10-19 19:48:41
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5468794322 :
You're paying mostly interest. If you can, send more than the interest. It's so hard. I was 41 when I paid mine off. I'm so sorry. I remember feeling hopeless for so long
2025-10-18 19:59:38
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Momme :
You’re paying the interest not the principle
2025-10-14 18:29:41
0
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