this post was submitted on 06 Apr 2025
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Any debt or due you owe needs to be paid back unless you were forced physically to sign the contract. I'm just waiting for advocates of debts forgiveness. If you don't like variable interest rates, just ask for the fixed one... They're more expensive but they're fixed
I think student loan and healthcare debt is immoral. No civilized first world country should be bankrupting it's citizens with debt from getting education or healthcare.
On what basis you say it's immoral? It's moral on the behalf both Tanakh, the Bible and Quoran.
Don't two of those say it is immoral to charge interest?
You're not forced to take student loans... Second it's fixed rate which is legal according to the Islamic banking rules ( cost plus murabaha). Third in Europe people are able to pay their own university costs without taking loans