nah dude....they got much better in the 80s...the largest boom in history at the time.https://www.nytimes.com/1990/01/17/opinion/the-reagan-boom-greatest-ever.htmlThings didn't get better until the mid-1990s.
as far as your loan interest rate...you should have shop around...or maybe you just had horrible credit...i don't know...
1983, the average was just over 13%, and dropped yearly https://www.google.com/search?q=loa...BdIgB5QuSAQQyMi4ymAEAoAEBwAEB&sclient=gws-wiz