A viral TikTok video highlights student loan interest rates as high as 17%, sparking outrage over lending practices. Alyssa Jeacoma, 26, reveals she owes $90,000, more than her original debt, calling the system absurd. With 43 million Americans in $1.6 trillion debt, Jeacoma’s story resonates with a generation lacking financial literacy. Private student loans can carry rates up to 18%, leaving many unaware of the consequences. Only 29 states require high school students to take personal finance courses, leaving millions unprepared for the financial burden of student loans.

Read more at Yahoo Finance: ‘I Didn’t Know Any Better to Ask Questions Because How Could I?’ Graduate Breaks Down After Learning Student Loans Carry Credit-Card-Level Interest