|
On April 21 2012 04:25 ranshaked wrote:Show nested quote +On April 21 2012 04:20 FabledIntegral wrote:On April 21 2012 04:11 ranshaked wrote:
From 2007-2010 I was able to afford my education. Since then, I've had to obtain loans to cover the rest. I don't necessarily think that the loan situation is the problem, but rather the inflated tuition that is occurring. Inflation is not meeting our pay. The thing is, tuition skyrocketing is a big thing, but at least for public universities, it's not going to make a MASSIVE "omg I can't ever pay this back" difference. Tuition has increased to probably an additional 80% of what it was. Assuming tuition now costs 12.5k per year and used to cost 7k per year, then that's an additional 5.5k per year, over 4 years, and additional 22k. Yeah, it's a lot of money. But people are talking about 150k loans etc. Grad school is an entirely different issue than undergrad and there's NO WAY I would support massive subsidazation of grad school. Education costs money, and no, I don't think you're entitled to as much education as you want, regardless of your potential, although if you have the potential from what I've seen grad school is generally not that bad at public universities since becoming a TA in a large majority of the fields means your tuition and a large portion of your rent is covered. Why should I have to pay an additional 80% when the following aren't happening: 1) My education is no different than it was in 2007 2) My pay has not increased even half that, in fact it has decreased 3) The fees and interest rate that I will be paying is going to be double what I could have done before. With all of that said, it would have been more logical of me to take a loan out of 10k 5 years ago, and then used it toward my degree now. I just don't appreciate the tuition hikes. It's unfair to those that already cannot afford it, to put them in even more debt.
Why should you have to pay more? Because the economy is in the shitter? What kind of question is that? The majority has to make sacrifices during a recession. What kind of question is that? Are you serious?
On April 21 2012 06:22 Trankuil wrote:
I am in a graduate program (Pharmacy). I will graduate with close to 200,000 in debt because I also have to take max loans to live on to support my wife and child and not much time to work. I have my reserves even about student loan forgiveness even though it would benifit me a ton. Personally I think its the school system that is being greedy, but there are more students, especially grad students that are defaulting on loans because of the lack of work or the pay scale not moving with their loans and interest rates. Why be in grad school if you dont know if youll have a job after? The economy as a whole needs a make-over. I do think that this bill overall has great intentions and would be a benifit short and long term, and thats whats important.
I'm sorry, but I don't have any sympathy for someone in your situation. You have a family to support already, it shouldn't be other people's burden to support your entire family. I'm already hard pressed to find the excuses people are making for their own situations, let alone their own situation + 2 other people. In short, you shouldn't have gotten married or had a kid yet.... that was incredibly financially irresponsible, or so it sounds.
Of course, you might have a specific situation that I'm not aware of from limited information, and if so, I'm sorry for coming off as a jackass ahead of time.
|
You do come off as a jackass, but I forgive you. You are in no place to assume anything of my situation. You dont give a lot of logic to your response, but I will try to expound on mine and a few other things.
I wasnt asking for your sympathy, nor do I want any. I was clearly stating my situation as an example. I understood the responsibility I took on when I accepted my invitation to a graduate program and the debt that I would have. I was not stating that I dont plan on paying my loans back, in fact...I plan on taking the 30 year payment plan and paying it back in 10 years unless situations permit or new ammendments to student loans occurs. I dont see your logic of how going to grad school to make 100k+ a year is financially irrespnsible for myself or my family? People are talking about sacrifice, well Im living in that sacrifice right now. I will more than pay off my debt not only monitarily, but through my contributions to the health care system and to every day people. but thats getting into another subject.
I said I had my reserves about the forgiveness plan, and that still holds true. I dont agree with people taking the easy way out of not paying back their responsibilities as do you. However there are things that need to be fixed within the system, and that is where I was trying to make the point of the education system being more the cause of the problem, leading to higher interest rates, bigger loans, and now starting in June thanks to Obama, I will start paying interest on my loans BEFORE I graduate. Now get this....how am I going to pay that interest? With my LOAN MONEY. Makes alot of sense right? The system is terrible. Did you also realize that a big chunk of the US debt owed is to itself and our own gold reserves? its not even to other countries. Thats how stupid our debt crisis is and why we probably will never come out of it, because its our own debt we owe to ourselves that makes the dollar weaker on the global market. This is also getting a bit off topic from the student loan forgiveness act so let me bring it back...
I think the purpose of this bill was to make it clear that student loan debt is out of control and action needs to be taken somewhere, not just giving people free passes to waive debt. This bill most likely will not pass as is or even at all, but a better bill will be presented because of it that will help solve not only the rediculous amount of debt that the future of America is in, but to hopefully improve our education system while still providing a competitive chance at making a good living. That is the main point I was trying to make in my first post, I apologize for not making it more clear. As I said in that post I feel that this bill has great intentions for the short and long term, although this bill is by no means foolproof or perfect.
|
On April 22 2012 13:02 Trankuil wrote:
You do come off as a jackass, but I forgive you. You are in no place to assume anything of my situation. You dont give a lot of logic to your response, but I will try to expound on mine and a few other things.
I wasnt asking for your sympathy, nor do I want any. I was clearly stating my situation as an example. I understood the responsibility I took on when I accepted my invitation to a graduate program and the debt that I would have. I was not stating that I dont plan on paying my loans back, in fact...I plan on taking the 30 year payment plan and paying it back in 10 years unless situations permit or new ammendments to student loans occurs. I dont see your logic of how going to grad school to make 100k+ a year is financially irrespnsible for myself or my family? People are talking about sacrifice, well Im living in that sacrifice right now. I will more than pay off my debt not only monitarily, but through my contributions to the health care system and to every day people. but thats getting into another subject.
I said I had my reserves about the forgiveness plan, and that still holds true. I dont agree with people taking the easy way out of not paying back their responsibilities as do you. However there are things that need to be fixed within the system, and that is where I was trying to make the point of the education system being more the cause of the problem, leading to higher interest rates, bigger loans, and now starting in June thanks to Obama, I will start paying interest on my loans BEFORE I graduate. Now get this....how am I going to pay that interest? With my LOAN MONEY. Makes alot of sense right? The system is terrible. Did you also realize that a big chunk of the US debt owed is to itself and our own gold reserves? its not even to other countries. Thats how stupid our debt crisis is and why we probably will never come out of it, because its our own debt we owe to ourselves that makes the dollar weaker on the global market. This is also getting a bit off topic from the student loan forgiveness act so let me bring it back...
I think the purpose of this bill was to make it clear that student loan debt is out of control and action needs to be taken somewhere, not just giving people free passes to waive debt. This bill most likely will not pass as is or even at all, but a better bill will be presented because of it that will help solve not only the rediculous amount of debt that the future of America is in, but to hopefully improve our education system while still providing a competitive chance at making a good living. That is the main point I was trying to make in my first post, I apologize for not making it more clear. As I said in that post I feel that this bill has great intentions for the short and long term, although this bill is by no means foolproof or perfect.
Actually I'm most definitely in a place to assume things, because you posted (although limited) information on your current situation on a forum, which is meant for a discussion. To say I shouldn't assume things is silly in itself. Despite that, sorry again for coming off as a jackass. The way you structured your post most definitely sounded as if you were fishing for sympathy (stating you had to take max loans to support your wife and child as well).
I don't think it's financially responsible because I think it's quite the gamble - if you don't get a job your family is in quite the crap situation, so personally I think it's more financially responsible to get a job after you get your undergrad. That's simply how I view it. Just because you want to make a lot of money doesn't somehow mean you're financially responsible.... you made an investment in your future, but that investment to me is edging towards the "all eggs in one basket" if you ask me. That's my issue. To each his own however, and best of luck getting a job. It's not like I don't want the investment to pay off  .
|
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate.
|
On April 21 2012 08:09 dAPhREAk wrote:Show nested quote +On April 21 2012 08:05 seppolevne wrote:On April 21 2012 07:55 dAPhREAk wrote:On April 21 2012 06:22 Trankuil wrote:
I am in a graduate program (Pharmacy). I will graduate with close to 200,000 in debt because I also have to take max loans to live on to support my wife and child and not much time to work. I have my reserves even about student loan forgiveness even though it would benifit me a ton. Personally I think its the school system that is being greedy, but there are more students, especially grad students that are defaulting on loans because of the lack of work or the pay scale not moving with their loans and interest rates. Why be in grad school if you dont know if youll have a job after? The economy as a whole needs a make-over. I do think that this bill overall has great intentions and would be a benifit short and long term, and thats whats important. i dont understand why people think this bill will be a benefit to the U.S. economy. can someone explain? or, are you saying its just a benefit to the people getting their loans forgiven? I guess the idea is people can have some of their money to spend as they choose and continue the spirit of the free market instead of it all being funneled to one bank or just back to the government. These people can buy tvs and go out for dinner and shit again. That's better for everyone. by that logic, the government should pay off all debt (credit card debt, mortgages, car loans, etc.).
Not a bad idea. Anceint Jews did that every 7 years called jubilee. You do realise debts can never be paid right? Cumulative private debt grows every year. You may it off, personally, but someone got into debt to pay you to pay it off.
|
On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate.
Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it.
|
I'm going to be $200k+ in debt when I graduate, which will probably mean getting ass raped by Sallie Mae for 20 years if not for this bill.
I know it is not fair to those who did paid off their loans completely. But let's get some perspective. From what I gather, next year the best loan you can get, which they call goverment subsidized, is at 6.8% interest. That adds up fast...
So what's the current status on this bill?
|
On April 22 2012 14:32 FabledIntegral wrote:Show nested quote +On April 22 2012 13:02 Trankuil wrote:
You do come off as a jackass, but I forgive you. You are in no place to assume anything of my situation. You dont give a lot of logic to your response, but I will try to expound on mine and a few other things.
I wasnt asking for your sympathy, nor do I want any. I was clearly stating my situation as an example. I understood the responsibility I took on when I accepted my invitation to a graduate program and the debt that I would have. I was not stating that I dont plan on paying my loans back, in fact...I plan on taking the 30 year payment plan and paying it back in 10 years unless situations permit or new ammendments to student loans occurs. I dont see your logic of how going to grad school to make 100k+ a year is financially irrespnsible for myself or my family? People are talking about sacrifice, well Im living in that sacrifice right now. I will more than pay off my debt not only monitarily, but through my contributions to the health care system and to every day people. but thats getting into another subject.
I said I had my reserves about the forgiveness plan, and that still holds true. I dont agree with people taking the easy way out of not paying back their responsibilities as do you. However there are things that need to be fixed within the system, and that is where I was trying to make the point of the education system being more the cause of the problem, leading to higher interest rates, bigger loans, and now starting in June thanks to Obama, I will start paying interest on my loans BEFORE I graduate. Now get this....how am I going to pay that interest? With my LOAN MONEY. Makes alot of sense right? The system is terrible. Did you also realize that a big chunk of the US debt owed is to itself and our own gold reserves? its not even to other countries. Thats how stupid our debt crisis is and why we probably will never come out of it, because its our own debt we owe to ourselves that makes the dollar weaker on the global market. This is also getting a bit off topic from the student loan forgiveness act so let me bring it back...
I think the purpose of this bill was to make it clear that student loan debt is out of control and action needs to be taken somewhere, not just giving people free passes to waive debt. This bill most likely will not pass as is or even at all, but a better bill will be presented because of it that will help solve not only the rediculous amount of debt that the future of America is in, but to hopefully improve our education system while still providing a competitive chance at making a good living. That is the main point I was trying to make in my first post, I apologize for not making it more clear. As I said in that post I feel that this bill has great intentions for the short and long term, although this bill is by no means foolproof or perfect. Actually I'm most definitely in a place to assume things, because you posted (although limited) information on your current situation on a forum, which is meant for a discussion. To say I shouldn't assume things is silly in itself. Despite that, sorry again for coming off as a jackass. The way you structured your post most definitely sounded as if you were fishing for sympathy (stating you had to take max loans to support your wife and child as well). I don't think it's financially responsible because I think it's quite the gamble - if you don't get a job your family is in quite the crap situation, so personally I think it's more financially responsible to get a job after you get your undergrad. That's simply how I view it. Just because you want to make a lot of money doesn't somehow mean you're financially responsible.... you made an investment in your future, but that investment to me is edging towards the "all eggs in one basket" if you ask me. That's my issue. To each his own however, and best of luck getting a job. It's not like I don't want the investment to pay off .
You can make baseless assumptions because he didn't outline his entire life story in his original post? Good to know.
You say his decision to go to grad school is quite the gamble, and that you think its more responsible to just start working out of your undergrad. Many jobs in many markets 100% require more than a bachelors. I had an EE undergrad, but the field I specialize generally requires masters or Ph.D degrees. It depends on your field, and its not just true for liberal arts degrees.
I won't make assumptions about why you are so aggressive against people who take out student loans, but I will say this. You seem to have found a job out of undergrad that makes you happy and pays well. Congrats. For most people, this is not the case. I don't think you have a right to shit on people because they were stuck in a situation where their two choices were either A) Work a job they hate and/or doesn't pay well for their entire life, or B) go massively into debt to get the education they need for a job they want.
My government provided student loans have 6.7% interest. My field is small, and the cheapest school that offered what I needed charges 35k/year for tuition. Every other school I considered was similarly priced. Its a shit situation.
|
On April 22 2012 15:22 FabledIntegral wrote:Show nested quote +On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it.
"And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed."
http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378
|
I think everyone is taking a gamble. There is nothing robots and computers won't able to do in the future including surgury which they do now like on eyes and offshoring whole industries as well hurts prospects... but even they get replaced in poorer parts of the world with machines. Fact is we are going to have to find a way to deal with massive hords of unemployed people. My freind in Spain said no one can find jobs and that's a rich country comparitvly to like Mexico.
|
am i the only one who likes this... ? i mean its better than kids not finding a good job after they graduate.
|
On April 23 2012 02:28 tdt wrote:Show nested quote +On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378
Statistics can say what ever you want them to say, it's the lack of information which says it.
What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University?
--------
If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later.
Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts.
You sign into it? You pay it.
I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck.
Be responsible. Make good on your very first major financial agreement.
Nobody likes a dead-beat debtor.
|
On April 23 2012 02:45 Grimmyman123 wrote:Show nested quote +On April 23 2012 02:28 tdt wrote:On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378 Statistics can say what ever you want them to say, it's the lack of information which says it. What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University? -------- If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later. Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts. You sign into it? You pay it. I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck. Be responsible. Make good on your very first major financial agreement.
I don't care about about people who don't have sympathy for those who are in worse situations than them.
|
On April 23 2012 02:47 mynameisgreat11 wrote:Show nested quote +On April 23 2012 02:45 Grimmyman123 wrote:On April 23 2012 02:28 tdt wrote:On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378 Statistics can say what ever you want them to say, it's the lack of information which says it. What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University? -------- If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later. Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts. You sign into it? You pay it. I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck. Be responsible. Make good on your very first major financial agreement. I don't care about about people who don't have sympathy for those who are in worse situations than them.
Their perceived suffering is NOT an Excuse to not pay their loans. They knew and know what they were getting into.
|
On April 23 2012 02:41 Diizzy wrote:
am i the only one who likes this... ?
You aren't the only one who thinks that this is a good idea. Several people have voiced support for it earlier in the thread.
You would know this if you had read the thread.
|
On April 23 2012 02:47 Grimmyman123 wrote:Show nested quote +On April 23 2012 02:47 mynameisgreat11 wrote:On April 23 2012 02:45 Grimmyman123 wrote:On April 23 2012 02:28 tdt wrote:On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378 Statistics can say what ever you want them to say, it's the lack of information which says it. What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University? -------- If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later. Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts. You sign into it? You pay it. I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck. Be responsible. Make good on your very first major financial agreement. I don't care about about people who don't have sympathy for those who are in worse situations than them. Their perceived suffering is NOT and Excuse to not pay their loans.
You don't know anything about anybody's particular situation. I agree that many chose fluff majors, signed off for loans without thinking about, and generally fucked up. Many others were responsible, worked hard, and are now fucked.
|
On April 23 2012 02:48 -_-Quails wrote:You aren't the only one who thinks that this is a good idea. Several people have voiced support for it earlier in the thread. You would know this if you had read the thread.
Who would support such stupdendous drabble?
The very students who want to cheat their way out of paying for their financial contracts.
|
On April 23 2012 02:49 Grimmyman123 wrote:Show nested quote +On April 23 2012 02:48 -_-Quails wrote:On April 23 2012 02:41 Diizzy wrote:
am i the only one who likes this... ? You aren't the only one who thinks that this is a good idea. Several people have voiced support for it earlier in the thread. You would know this if you had read the thread. Who would support such stupdendous drabble? The very students who want to cheat their way out of paying for their financial contracts.
Whats your situation Grimmy? Did you go to college? Did you take loans?
|
On April 23 2012 02:49 mynameisgreat11 wrote:Show nested quote +On April 23 2012 02:47 Grimmyman123 wrote:On April 23 2012 02:47 mynameisgreat11 wrote:On April 23 2012 02:45 Grimmyman123 wrote:On April 23 2012 02:28 tdt wrote:On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378 Statistics can say what ever you want them to say, it's the lack of information which says it. What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University? -------- If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later. Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts. You sign into it? You pay it. I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck. Be responsible. Make good on your very first major financial agreement. I don't care about about people who don't have sympathy for those who are in worse situations than them. Their perceived suffering is NOT and Excuse to not pay their loans. You don't know anything about anybody's particular situation. I agree that many chose fluff majors, signed off for loans without thinking about, and generally fucked up. Many others were responsible, worked hard, and are now fucked.
They're not fucked. They just don't have the paychecks they dreamed of yet.
Fucked is owing a million dollars to a Dubai tycoon, being imprisioned until you can pay your debt, with no way to pay it. That's fucked.
|
On April 23 2012 02:51 Grimmyman123 wrote:Show nested quote +On April 23 2012 02:49 mynameisgreat11 wrote:On April 23 2012 02:47 Grimmyman123 wrote:On April 23 2012 02:47 mynameisgreat11 wrote:On April 23 2012 02:45 Grimmyman123 wrote:On April 23 2012 02:28 tdt wrote:On April 22 2012 15:22 FabledIntegral wrote:On April 22 2012 14:47 tdt wrote:
Co-signed!
I think it's fair. Back when my parents went to school you could declare bakrupcty on them - now you are chained to debt for life in a market with 50% youth unemployment. Plus the fact school should be free anyway like any civilized country. They actually tax people who have it and make investment in thier kids rather than chaining them to debt for life out of the starting gate. Except unemployment rate is no where near that much. It's less than 10%. Some estimates say it's between 5.5-7.5% unemployment for recent college grads. Which is at the highest it's been in decades, yes. But it's not quite as bad as this thread is portraying it. "And, according to Time Magazine, 54% of all Americans between the ages of 18 to 24 are unemployed." http://www.wbez.org/blogs/bez/2012-04/young-educated-and-unemployed-98378 Statistics can say what ever you want them to say, it's the lack of information which says it. What is the related statistic which shows how many of those unemployed persons between 18 and 24 choose NOT to work because they are in College or University? -------- If you are a student, and you are smart enough to get into university, you are smart enough to realise the contract you are signing into for the financing. I do not care if there is no work for you when you finish your schooling - you should have thought about that when you were selecting your courses and field of education. I also do not care about your level of perceived poverty or your hardships. Get employment for the short term to pay the bills, and seek your dream job later. Just because a student is unsuccessful after school does not mean that those taxpayers which DO WORK should pick up their slack and pay off their debts. You sign into it? You pay it. I don't care if it takes you 50 years and you make good on your loan when you retire with your last paycheck. Be responsible. Make good on your very first major financial agreement. I don't care about about people who don't have sympathy for those who are in worse situations than them. Their perceived suffering is NOT and Excuse to not pay their loans. You don't know anything about anybody's particular situation. I agree that many chose fluff majors, signed off for loans without thinking about, and generally fucked up. Many others were responsible, worked hard, and are now fucked. They're not fucked. They just don't have the paychecks they dreamed of yet. Fucked is owing a million dollars to a Dubai tycoon, being imprisioned until you can pay your debt, with no way to pay it. That's fucked.
You're lack of empathy is amazing. Some students are just irresponsible, others are getting screwed by the system without any fault of their own.
|
|
|
|
|
|
EPT
