Given Up On Student Loan Payments

Rawtid

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I don't scold anyone, I just think you can get a college degree without having to borrow money. I'm going to do it for my daughter and if you don't think I can do it, thank you. It makes me even more determined to do it.

If you don't think saving up a few thousand dollars is possible over a period of time is possible your whole financial outlook as a whole is bleak.

true. but the government guarantees all their loans. when they're insolvent in a few years guess who's coming to bail them out.

can't the government garnish your wages if you default on loans?

Hell yes. They can take your social security.
 

Domingo Halliburton

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I don't scold anyone, I just think you can get a college degree without having to borrow money. I'm going to do it for my daughter and if you don't think I can do it, thank you. It makes me even more determined to do it.

If you don't think saving up a few thousand dollars is possible over a period of time is possible your whole financial outlook as a whole is bleak.

it's not as easy as you make it seem but one thing I would like to add to your points is check out community colleges. I went to one then transferred and saved a ton of money.
 

Rawtid

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it's not as easy as you make it seem but one thing I would like to add to your points is check out community colleges. I went to one then transferred and saved a ton of money.

Who said it was going to be easy? Nothing worth having is ever easy but I'll let people keep fukking around with student loans (the easy way). It's not going to impact me one bit but let them get into a position of default and they'll be wishing they didn't borrow.

These loans stay with you for LIFE unless you pay them off or qualify for student loan forgiveness.
 

CrimsonTider

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I don't scold anyone, I just think you can get a college degree without having to borrow money. I'm going to do it for my daughter and if you don't think I can do it, thank you. It makes me even more determined to do it.

If you don't think saving up a few thousand dollars is possible over a period of time is possible your whole financial outlook as a whole is bleak.



Hell yes. They can take your social security.

Where the hell do you get the job and money to save up for college?

It's make more sense to borrow money straight out high school and go to school full time.
 

Sensitive Blake Griffin

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this country is disgusting. we should be able to pay for all citizens to attend universities, I seemingly pay taxes so the federal government can go blow people the fukk up in the middle east.
 

Rawtid

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Where the hell do you get the job and money to save up for college?

It's make more sense to borrow money straight out high school and go to school full time.

Parents are responsible for saving for their children's education. When the child becomes of age to work, they are to help contribute to education savings.

If the parents aren't willing to save, the child will then have to work and pay for their education either by saving for the school they want to attend to going to community college and then transferring. It's all about WORKING AND SAVING not WORKING AND BORROWING.

The local library has books on scholarships that the child or parents or the group can read and research. It's a fukking group effort and this continues for everyone down the line. No, it's not easy but it's worth it.
 

CrimsonTider

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Parents are responsible for saving for their children's education. When the child becomes of age to work, they are to help contribute to education savings.

If the parents aren't willing to save, the child will then have to work and pay for their education either by saving for the school they want to attend to going to community college and then transferring. It's all about WORKING AND SAVING not WORKING AND BORROWING.

The local library has books on scholarships that the child or parents or the group can read and research. It's a fukking group effort and this continues for everyone down the line. No, it's not easy but it's worth it.

Parents are not obligated to pay for a child's higher education and it does t make them a bad parent if they don't.

I'm pretty sure the majority of college students receive federal aid, so this point is moot.

But, you did not answer my original question at ALL.

What kind a of job is an 18 year old fresh out of high school is suppose to obtain where he can set enough money aside to pay for school?

It makes more sense to just borrow the money, get your degree, So that you can increase your earning potential exponentially and pay back the money.
 

Liquid

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need to cap the interest at 2% it's absurd


it should be free but I'll just leave that alone.
All the loans are just an extra possible source of income for the government.

They have brainwashed people into thinking that everyone should have a college degree...basically bringing it down to a High School equivalent. Instead of just graduating High School at 18 with no debt, you now have a High School equivalent with 50-100K in debt.

Was 60K for me...so :pacspit: to those who are throwing up those :umad: replies. Negs on quote.
 

Domingo Halliburton

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Parents are not obligated to pay for a child's higher education and it does t make them a bad parent if they don't.

I'm pretty sure the majority of college students receive federal aid, so this point is moot.

But, you did not answer my original question at ALL.

What kind a of job is an 18 year old fresh out of high school is suppose to obtain where he can set enough money aside to pay for school?

It makes more sense to just borrow the money, get your degree, So that you can increase your earning potential exponentially and pay back the money.

i worked at mcdonalds when i was 14 and saved about $1000 after about 9-10 months. thats not going to make a dent in your tuition but you don't have to start working at 18.
 

Liquid

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Parents are not obligated to pay for a child's higher education and it does t make them a bad parent if they don't.

I'm pretty sure the majority of college students receive federal aid, so this point is moot.

But, you did not answer my original question at ALL.

What kind a of job is an 18 year old fresh out of high school is suppose to obtain where he can set enough money aside to pay for school?

It makes more sense to just borrow the money, get your degree, So that you can increase your earning potential exponentially and pay back the money.
It makes sense, but the market is saturated. LOL @ people really thinking they are going to graduate college and earn 100K from the jump with the exception of a handful of degrees.

That's the bigger issue here
 

Rawtid

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Parents are not obligated to pay for a child's higher education and it does t make them a bad parent if they don't.

I'm pretty sure the majority of college students receive federal aid, so this point is moot.

But, you did not answer my original question at ALL.

What kind a of job is an 18 year old fresh out of high school is suppose to obtain where he can set enough money aside to pay for school?

It makes more sense to just borrow the money, get your degree, So that you can increase your earning potential exponentially and pay back the money.

*sigh* I never said they were bad parents, but IT IS the parents responsibility to contribute to college savings or at least help with the cost of education. I'm sorry you disagree.

The cost of community college, full-time per month (in my area) is $500-$600 a month. A person working a minimum wage job can pay that with help from their family. If they got a scholarship or grant to cover books, it's less than that. You do the same cost estimates with a university once you know how much you need, you can work out the rest. Borrowing should be the LAST resort if no resort at all.

I thinks it's better to be debt free with a new job than have to pay back student loans you didn't need to take out. You could stack your bread much easier.
 
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