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‘Murdered by the student-loan industry’: 2 borrowers describe the crushing interest that keeps them from paying off their debt


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Alexandria Mavin heard from her high-school teachers that there was a path to the American Dream. If she went to college, graduated, and got an office job, she would get there. She graduated with $117,000 in student debt as a down payment for that dream.

Now 32 years old and a property manager, she’s paid back $70,000 of it, but she still owes $98,000 from her undergraduate education, and she says she “absolutely” regrets seeking an education.

“I’ve paid back almost all of my loans, but I still owe the full amount,” Mavin told Insider. “It’s a never-ending cycle.”

Mavin is talking about details ⇒

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