Given Up On Student Loan Payments

CouldntBeMeTho

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these graphs will tell you everything you need to know. im not saying tuition should be free, but something needs to be done about the cost. people come out of college owing the type of money that would almost buy them a house. but theyre not getting a house, all they're getting is perpetual servitude.

chart-of-the-day-tuition-home-prices-cpi-1978-2010.gif


tuition1.jpg


Tuition.png


these graphs dont even show the latest data either. i guarantee it's just getting worse and worse, there was a huge influx of people going to school through this recession.

go to school brehs. :wtf:
 
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:comeon:

she knew she had no way of paying that shyt back and she still took money :heh:

And you can't get out of paying federal student loans breh.

Doesn't address my question though...

Would you loan someone 100k who didn't have a pot to piss in...

At 18, I qualified for a 6 figure school loan but the minute I went to a bank and tried to get a personal loan for 2 thousand measly dollars, the loan officers hit me with the :childplease: face.....

Again, no one can explain the financial logic in loaning an 18 year old, with no job, no credit history, no assets, 100 thousand dollars...
 

Rawtid

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Doesn't address my question though...

Would you loan someone 100k who didn't have a pot to piss in...

At 18, I qualified for a 6 figure school loan but the minute I went to a bank and tried to get a personal loan for 2 thousand measly dollars, the loan officers hit me with the :childplease: face.....

Again, no one can explain the financial logic in loaning an 18 year old, with no job, no credit history, no assets, 100 thousand dollars...

It's the same logic that Crimson Tider has. "Well you don't have anything now, but after school you'll be working and will have the income to pay us back".
 

gho3st

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Doesn't address my question though...

Would you loan someone 100k who didn't have a pot to piss in...

At 18, I qualified for a 6 figure school loan but the minute I went to a bank and tried to get a personal loan for 2 thousand measly dollars, the loan officers hit me with the :childplease: face.....

Again, no one can explain the financial logic in loaning an 18 year old, with no job, no credit history, no assets, 100 thousand dollars...

If they dont give her that 186K, who will the government believes in her/your earning potential unlike the banks bruh :troll: nothing wrong with that :yeshrug:

If my school didn't refrain from givin me a loan even though the state approved me, i probably would have been in more debt right now. :blessed:

speaking on student loans, wasn't there a story a few years ago about states threatening niccas with jail time for not paying loans?


If I ran a country I'd want everybody to be educated for free. Greed is something else I'll tell you
:childplease: who's going to pay the teachers?? i understand primary & secondary school being free but college/university?? :comeon:
 
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It's the same logic that Crimson Tider has. "Well you don't have anything now, but after school you'll be working and will have the income to pay us back".

That doesn't make economic sense though, and banks don't do people favors.

If I go in to get a personal loan for 5k, and I am working full time and have been for the last 5 years. I will go through a litany of requirements before they even consider giving me 5k...

On the flipside, I can be 18 and broke, tell them I'm going to school, and they'll loan me 100k...

Even if I major in underwater swordfighting, they'll still give me the money..

Doesn't make sense to me
 
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If they dont give her that 186K, who will the government believes in her/your earning potential unlike the banks bruh :troll: nothing wrong with that :yeshrug:

If my school didn't refrain from givin me a loan even though the state approved me, i probably would have been in more debt right now. :blessed:

speaking on student loans, wasn't there a story a few years ago about states threatening niccas with jail time for not paying loans?



:childplease: who's going to pay the teachers?? i understand primary & secondary school being free but college/university?? :comeon:

:laff:

You got more faith than me bruh
 
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If they dont give her that 186K, who will the government believes in her/your earning potential unlike the banks bruh :troll: nothing wrong with that :yeshrug:

If my school didn't refrain from givin me a loan even though the state approved me, i probably would have been in more debt right now. :blessed:

speaking on student loans, wasn't there a story a few years ago about states threatening niccas with jail time for not paying loans?



:childplease: who's going to pay the teachers?? i understand primary & secondary school being free but college/university?? :comeon:

So you're telling me all the services the gov't provides and they can't pay teachers? :childplease:

shyt the gov't pays garbage men, they can pay teachers if education was in the 'budget'
 
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That doesn't make economic sense though, and banks don't do people favors.

If I go in to get a personal loan for 5k, and I am working full time and have been for the last 5 years. I will go through a litany of requirements before they even consider giving me 5k...

On the flipside, I can be 18 and broke, tell them I'm going to school, and they'll loan me 100k...

Even if I major in underwater swordfighting, they'll still give me the money..

Doesn't make sense to me

makes perect sense for the one loaning the money


they got you on intrest for the rest of your life :skip:
 

babylon1

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yall are fukked



everyone WANTS free shyt but dont wanna work/pay for it



this entitled generation :heh:

some (rich kids)are more entitled than others. if the children of the rich are avoiding 100G's in debt because they won the birth lottery then i sure as hell am not paying 100G's to get a fukken education just because i was born to a poor family.
 
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some (rich kids)are more entitled than others. if the children of the rich are avoiding 100G's in debt because they won the birth lottery then i sure as hell am not paying 100G's to get a fukken education just because i was born to a poor family.

anyone can get a student loan you dont have to be a "rich kid" to get one

do you have student LOANS that YOU signed for?
 
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I was lucky for my field, post-secondary isn't really a mandatory asset. I did go to school, drop out and got my first gig in the industry. I got $5000 from the gov and only had to pay back $1900 then I told them I never got my statements (they were going to put it in collections :lupe:) (a little white lie). Now I only have to pay back $350 in a year.

God bless nice bill collectors. I only remember paying like 500 back but not almost all of it :win:
 
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