Millions of student-loan borrowers are about to be thrown into collections. Some say they're already 'barely scraping by.'
Briefly

James Southern, who pursued business education, expresses his dissatisfaction with the outcomes of his investments in education, highlighting the stress of a six-figure student loan debt. Despite multiple job applications, he remains unable to make the required payments, which could lead to severe consequences, including wage garnishment. With debt repayment obligations looming, Southern, earning a modest salary, illustrates the dire situation many borrowers face as they deal with the ramifications of educational debt in a challenging job market.
I loved the learning atmosphere, I loved the other students, I loved everything about it. But at the end, once I attained what I was reaching for, the rewards have never transpired.
They're looking at me paying $1,500 a month, and I told them, that's just impossible. I can't do that and function and pay bills...with that kind of debt structure.
Read at Business Insider
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