konstantgrdnr
Member
I think Homey was looking for more of a OaksterDam College Educational loan.
Student loans
- Thread starter Trying-to-blend
- Start date
Trying-to-blend
Member
NOOOOOOOOOo, hahaha.
I'm looking to keep from starving, and most importantly, to keep a very very very very very very very very very dear friend from getting killed, that's also kinda why i'm in such a rush. I have a lot of pull in our local underwold as the peacemaker, you know? but that's just when it's beef over pussy or stupid shit. We all know no one can stop a debt from being collected....
I'm looking to keep from starving, and most importantly, to keep a very very very very very very very very very dear friend from getting killed, that's also kinda why i'm in such a rush. I have a lot of pull in our local underwold as the peacemaker, you know? but that's just when it's beef over pussy or stupid shit. We all know no one can stop a debt from being collected....
TacoSusio
Member
I know someone with a BSEE that was working in a mail room, before the company folded. Now he’s unemployed. Several of the checkers at my local grocery store have four year degrees in various disciplines from a major university, and yet they cannot find work in their respective fields. There is a person with a law degree working at the local Wal-Mart.
THIS YEAR, LESS THAN 20% OF COLLEGE STUDENTS HAD JOB OFFERS BY GRADUATION.
http://abcnews.go.com/WN/PersonOfWeek/story?id=7711462&page=1
If you cannot find evidence that financing an education is risky, you simply haven’t looked past the school’s sales pitch.
I NEVER said that education is or had been free. Please reread what I did say.
These 50 year old medical students that you talked to regretted waiting until they could afford to attend school?!
YOU SHOULD PAY AS YOU GO. If your family is unwilling or unable to foot the bill or if you are not willing to work while attending school, and you are not good enough to qualify for the many grants/scholarships available to you, then yes, you should delay attending until you can AFFORD IT.
Debt is the crack of the aspiring affluent.
This is the worst job market in our lifetimes, and in my estimation, the problems have only just begun. It was brought about by EVERYONE having a cavalier attitude toward leverage (debt) with little to no regard for risk/money management. Most of these highly leveraged people are also highly educated. They borrowed for school, for business start-ups, for vehicles, for kitchen remodels, for vacations, etc, etc. As the economy falters, many are finding themselves ENSLAVED by the debt they accumulated.
DONT USE STUDENT LOANS ....it is the worst idea ever ... you dont know what the future holds and those damn things are never going away ..i had a major surgery in my fourth year and was out of school for two years because of that it put me into deferment,,,, man was that a mess .. ive been out of school for 8 years paying on a regular basis and it will never be enough for them until it is gone ..only 5g's left. i constantly get calls and letters that sound so accusatory like i stole that money from them .... only now do i wish i never went to college it has done nothing but stress me out ....
unless someone is willing to pay fully for it ( i.e. ) grants, scholarship, rich family member ...that would be the only way i would further my education ..even paying for it yourself can be tuff if you dont feel like you learn anything, is it really worth it .
unless someone is willing to pay fully for it ( i.e. ) grants, scholarship, rich family member ...that would be the only way i would further my education ..even paying for it yourself can be tuff if you dont feel like you learn anything, is it really worth it .
M
movingtocally
I've got tons of student loans. A depressing amount. But I'm not mad at myself for it. I had no other option. It was that or try my luck in the world progressing through no skill labor that requires a high school diploma.
I think telling kids to avoid college if they need to take out loans is absolutely insane. Regardless of your feelings about the disparity between costs vs. available aid, particularly in relation to other countries, the fact remains that as your education increases, so does your income. For the vast majority.
I think telling kids to avoid college if they need to take out loans is absolutely insane. Regardless of your feelings about the disparity between costs vs. available aid, particularly in relation to other countries, the fact remains that as your education increases, so does your income. For the vast majority.
^^^^^^ your missing the point ... higher education should be free learning should never have a pricetag
M
movingtocally
Higher education is free. Public libraries are abound.
Kiefer Suthrlnd
Member
what year are you in college?
I know mine stopped giving me the pell grant after my freshman or sophomore year, because that is when they stop them. (they want underclassmen to take the money and go to the school.)
and i think student loans are amazing. I barely took out any during undergrad because of my merit based scholarships. (good grades and SATS). Now i work at a college that is paying my grad school for free, and i was able to take out a financial aid loan to buy a car along with money i had saved.
the best part is i got a sweet car, and the govt pays the interest while im still in school, and im making low "car payments" towards the loan that i don't even need to start paying until 2013.
I know mine stopped giving me the pell grant after my freshman or sophomore year, because that is when they stop them. (they want underclassmen to take the money and go to the school.)
and i think student loans are amazing. I barely took out any during undergrad because of my merit based scholarships. (good grades and SATS). Now i work at a college that is paying my grad school for free, and i was able to take out a financial aid loan to buy a car along with money i had saved.
the best part is i got a sweet car, and the govt pays the interest while im still in school, and im making low "car payments" towards the loan that i don't even need to start paying until 2013.
Trying-to-blend
Member
i'm talking about a max of 10, maybe 15. And you guys seem to gloss over what i've stated many times not only in this thread, but others... I have a guaranteed job after i finish law school and my law school is a free ride. Iron clad contract with a lawyer who is also a long time family acquaintance. Not only do i have a job with him, but after only two years he'll give me a recommendation for any firm i want to go to. Oh, did i mention he's also going to pay me a living salary just to study for the bar exam after i graduate?
It's until i get into law school that i'm in a bind... And like i said, i kinda also want the money to pay for a friend's debt. I could call in a favor with a loan shark, but... i think that would just perpetuate the cycle of street debt.
Shit.. seems as if i'm gonna have to put in work again :-( dammit.
It's until i get into law school that i'm in a bind... And like i said, i kinda also want the money to pay for a friend's debt. I could call in a favor with a loan shark, but... i think that would just perpetuate the cycle of street debt.
Shit.. seems as if i'm gonna have to put in work again :-( dammit.
M
movingtocally
So a family friend gave you a written contract guaranteeing you a job post law school, and you haven't even started L1? The fuck?
phattybudz
Member
Are you fucking kidding me?!? Student loans are AWESOME. You get a check every quarter for all your shit, which you can spend on whatever the fuck you want (I.E. grow equipment,) and make money on the side while getting free money.
Obviously paying it back sucks but if you don't have rich parents and you want to go to school full-time sometimes you have to take a loan (in this country...)
That's what happens when capitalism is worshipped, and more money is spent on bombing brown people in the desert than education.
Obviously paying it back sucks but if you don't have rich parents and you want to go to school full-time sometimes you have to take a loan (in this country...)
That's what happens when capitalism is worshipped, and more money is spent on bombing brown people in the desert than education.
You can cite all the recent recession BS anecdotes you'de like and it still wont prove that getting an early education is better than waiting or that guaranteed student loans are the best rate and availability for students without credit that dont subscribe to your 'wait and see' method of education payment. This is the same system running for the last 45 years and regardless of the current economy it is still going today which tells me one thing and the only thing I need to know .. THAT IT WORKS.
If it didnt we wouldnt see it in todays current economy. And last time I checked it wasnt people taking out student loans that had anything to do with this recession. It was the banks unregulated choices to release mortgage backed securities.
It wasnt people taking out GSL's they couldnt default on .. it was more like bankers adopting the mentality of securing private loans regardless of the interest rate because they figured they were going to default on them anyways .. which is exactly where this discussion started from me and what we seem to agree on .. dont try to get a loan you intend to default on just because its private and probably at 18-22% when you can get a guaranteed student loan at 6%.
