Student Loan Dilemma: Why I'm Choosing Not to Repay

Discuss the overwhelming financial burden that student loans can place on recent graduates.

Explain various loan forgiveness programs available and how they can be an alternative to repayment.

Describe income-driven repayment plans that make monthly payments more manageable based on income.

Talk about how economic uncertainties, like job loss or financial crises, can make it difficult to make loan payments.

Explain how interest can accrue over time, potentially making it more challenging to pay off loans.

Discuss the potential impact of defaulting on student loans on one's credit score.

Explore the idea of using the money that would go towards loan repayment for other investments or financial goals.

Mention the potential legal consequences of not repaying student loans, such as wage garnishment or legal actions.

Encourage people to advocate for student loan reform and changes to the current system.

Explain how some people choose to live a minimalist or frugal lifestyle to avoid the pressure of student loan repayment.