I think it would be funny if you could have a counter for a meeting i.e. how much is this meeting costing us in salaries. Then keeping the meeting short would be appreciated!
But just look at the median loan amount in the USA of $31000 then print a repayment schedule of 15yrs at 7% and you get
Cumulative Payments: $50,154.17 Total Interest Paid: $19,154.17
that is like 38% of the original loan amount that needs to be paid in after tax wages in interest to the government. That is a lot if you’re not doing CS/ENG/medicine! IMO it is one of the main things eroding g the financial position of the middle class and lower middle class.